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A Hint of Gold Backwardation, Report 15 Jan, 2017

Last month, we noted that there could be a trend change in progress. Not only are the prices of the metals rising (which is just a mirror-image of the dollar falling, from 27.6 milligrams of gold just before Christmas to currently under 26mg). But the scarcity of gold as we measure it, using the spread […]

Silver’s Got Fundamentals, Gold and Silver Report 8 Jan, 2017

This week was another short week, due to the New Year holiday. We look forward to getting back to our regularly scheduled market action. The prices of both metals moved up again this week. Something very noticeable is occurring in the supply and demand fundamentals. We will give an update on that, but first, here’s […]

Happy New Year, Gold and Silver Report 2 January, 2017

This weeks is also a short Report, and also a day later than normal, due to the New Year’s holiday. We hope everyone has a healthy, happy, and prosperous 2017! The prices of the metals moved up last week, except for Friday which was a bump in the road, especially for silver. Below, we will […]

Merry Christmas, Gold and Silver Report 26 December, 2016

This will be a short Report, due to the Christmas and Boxing Day holidays (which is also why it is coming out on Monday evening Arizona time, a day later than our usual). We wish everyone a Merry Christmas! The price of gold moved sideways, whereas that of silver had a plunge on Friday. Below, […]

Fed Rate Hike Causes Gold Price Drop, Report 18 December, 2016

The price action was not what most of those in the gold community hoped for (or predicted). The price of gold dropped another $24 and that of silver nearly a whole dollar. The big news of course is that the Fed hiked rates another 25 basis points. So far, stock market speculators don’t seem to […]

Silver Smoking Gun to Stop Dishonest Dealing

Last week ZeroHedge reported on the amended London Silver Fixing Antitrust Litigation which included damaging chat logs provided by Deutsche Bank that reveal collusion between bullion bank traders to “shade”, “blade”, “muscle”, “job”, “spoof” and “snipe” the silver market. While the amended complaint only provides selected examples from the 350,000 pages of documents and 75 […]

Monetary Metals Partners With ABC Bullion

Partnership with LBMA accredited refiner lowers barrier to Asian investors SCOTTSDALE, Ariz., and SYDNEY, Dec. 13, 2016 — Monetary Metals and ABC Bullion announce that they have entered into a cooperative agreement to provide precious metals trading and storage to Monetary Metals and its clients. The agreement will help Monetary Metals onboard Australian and Asian clients, facilitate […]

Friction and Gravity, Report 11 December, 2016

The price action was mixed this week. Those hoping for dollar declines in gold terms were disappointed. However, silver gave them a sop as the price of the buck declined by one one-hundredth of a gram of silver. In Monetarist terms, gold went down $18 and silver up 11 cents. Monetarism, in its insistence that […]

Dang It Gold’s Supposed to Go Up! (Report 4 December, 2016)

We’ve gone through a succession of events and processes that were supposed to make gold go up. The following list is by no means exhaustive: Quantitative Easing Bernanke’s Helicopter Drops Janet Yellen’s Keynesianism Obama’s Deficits (US government debt is now a hair away from $20,000,000,000—and that’s just the little part of it they put on […]

Good News and Bad News, Report 27 November, 2016

Sometimes, we think that every story in the gold community has the same template: I have inside information to share with you My peeps are telling me that <XYZ> will happen If <XYZ> happens, then the gold price will go ballistic (<XYZ> will happen, I just know it) So buy gold now, to front-run <XYZ> […]