Entries by Keith Weiner

Silver Price Spikes, But What Demand 4 Oct, 2015

For a few frenzied minutes, while everyone was sleeping, the price of silver spiked 56 cents. Well, at least the West Coast of America was sleeping. It began at 8:30 in New York, where presumably most traders were not sleeping. And of course, it was afternoon here in London (where Monetary Metals just held a […]

Pure Gold and Soggy Dollars

We’re going to be introducing some new formats. One of them is quick article links, with the good ones labelled Pure Gold and the bad ones labelled Soggy Dollars. Pure Gold When a Fed-induced boom turns to bust: “In the lynch-mob atmosphere that inevitably follows the bust cycle of Fed-induced business cycles, it was not […]

Invitation: Event in London Oct 2

You are cordially invited to a discussion of the economy, markets, interest rates, commodities, speculation, investment, and of course the monetary metals and our unique approach to valuing them. This seminar was successful in New York on Sep 11, and all the seats filled up. Here is the agenda.   1pm to 2:30pm You cannot […]

Gold, Silver, and Horse Betting Report 13 Sep, 2015

Consider the sport of betting on the sport of horse racing. It’s actually similar to the analysis of the gold and silver markets. How’s that? First, there is the manic-depressive crowd. Sometimes (as we are told—we don’t hang out at race tracks) the bettors sometimes get overly excited about a horse with slim chances to […]

Supply and Demand Report 6 Sep, 2015

This was a fairly quiet week in the market for the metals, with a min-rally on Thursday especially in silver which hit almost $15. By the end of the week, the price of gold was down $13 and the price of silver was up 3 cents. The action was elsewhere (e.g. equities and currencies). We […]

Invitation: Event in NYC Sep 11

You are cordially invited to a discussion of the economy, markets, interest rates, commodities, speculation, investment, and of course the monetary metals and our unique approach to valuing them. Here is the agenda.   1pm to 2:30pm You cannot understand what’s happening in the markets with the conventional view. This view says that central banks […]

Move Over Entrepreneurs, Make Way for Speculation!

Once upon a time, before banks and before even private lending, there was only one way to prepare for retirement. People had to hoard something durable. Every week, they would set aside part of their wages to buy salt (later, it was silver). Assuming it didn’t get wet, the salt accumulated until they couldn’t work […]