The “No Taper” announcement has been long forgotten, another flash in the pan like most Fed announcements and non-announcements before it. Leveraged speculators jump in, based on the Quantity Theory of Money. If the announcement seems to imply more money “printing” (it’s really borrowing), then prices “should” go up. And the speculators aggressively meet their […]
Heading into Wednesday, the prices of the metals were sagging. Then, the announcement from the Federal Reserve took everyone by surprise. They said they would not “taper” their purchases of bonds. And BAM! All prices rose sharply: stocks, currencies, and our favorite metals. In a minute, the gold price went up $25. Clearly, traders are […]
Welcome, we have a new name and a new format to reflect that this is fundamentally about looking at supply and demand in the gold and silver markets. For an introduction and guide to the concepts and theory, click here. Last week, we said: “Is the long-awaited, much-discussed silver breakout still on? We don’t think […]
Welcome, we have a new name and a new format to reflect that this is fundamentally about looking at supply and demand in the gold and silver markets. For an introduction and guide to the concepts and theory, click here. The gold price was flat, and silver was down slightly. Is the long-awaited, much-discussed silver […]
Silver continued to outperform gold until a sharp reversal towards the end of the week. Is this the big breakout? Or is it a headfake? Silver Read about the recent contango in silver. As we go forward, there is more boilerplate material in this report. This is good for first-time readers or as a refresher. […]
Silver outperformed gold this week. Is this the big breakout? Or is it a headfake? Read on to see the emerging contango in silver! As we go forward, there is more boilerplate material in this report. This is good for first-time readers or as a refresher. But if you are reading it every week, you […]
Silver massively outperformed gold this week. Some people think that the prices have broken out, and that means that silver will begin moving rapidly towards its historic price of 1/16 ounce of gold. Read on to see what the bases say. As we go forward, there is more boilerplate material in this report. This is […]
“Gold and silver went up this week.” Do you think of it this way? Do you think this is good news? We encourage you to think of it as an incremental move of our national currency downwards, towards zero. That is definitely not good, not even for those who own gold. The dollar should be […]
“Gold and silver went down this week,” is how most people would say it. This would be perceived as bad news in the gold community. We looks at it differently. We say, “The dollar rose this week.” Expressing it this way puts it in perspective (and shows that the dollar should be measured in gold […]
“Gold and silver went up this week,” is how most people would say it. This would be perceived as good news amongst the gold bugs. Of course, Monetary Metals looks at it differently. We say, “The dollar fell this week.” Expressing it this way makes it clear that there is no cause for celebration. As […]
