Tag Archive for: gold

Monetary Metals Leases Gold to Valaurum at 4.75%

Manufacturer of the Aurum® gold currency accelerates with a Monetary Metals lease Scottsdale, Ariz, January 8, 2018—Monetary Metals announces that Valaurum has leased gold at 4.75% interest. This deal renews and grows a previous lease from Monetary Metals. The metal is used in the manufacturing process for Valaurum’s Aurum® physical gold currency unit. A metal […]

Valaurum Lease #2 (Gold)

Valaurum, Inc. was created to make precious metal ownership and investment available to all people. Its primary product is the Aurum®, a thin layer of gold or other precious metal sandwiched between layers of protective polyester, containing precisely 1/4, 1/10 or 1/20 gram of pure 24K gold and featuring industry-leading anti-counterfeiting technology. This deal renewed […]

Da Boyz Whacked Silver Again, Update 28 Nov 2017

The price of silver abruptly dropped on Tuesday. There it was, sitting around $17.05 at 14:00 GMT. And boom. By 15:10, it was $16.78. Twenty seven cents of Fed-petrodollar-supporting non-profit illicit profits for da boyz in da cartel (you know who you are)! Or was it…? In the gold and silver communities, one needs no […]

Intraday Price Analysis, 17 Nov 2017

In this article, we show intraday graphs of both metals for Friday’s price action and provide our analysis of the basis moves. Here is a graph of Friday’s price action in gold, with the February basis overlaid. At around 1:30pm (GMT), you can see some buying of futures occurring, but the price does not move, […]

Intraday Price Analysis, 10 Nov 2017

In this article, we show intraday graphs of both metals for Friday’s price action and provide our analysis of the basis moves. This is the February gold contract basis plotted with price. Times are GMT. It is interesting how the basis looks like it wants to fall long before the price does. So there is […]

Intraday Price Spike and Crash Analysis, 1 and 3 Nov 2017

In this article, we show intraday graphs of both metals for Wedneday’s price spike and Friday’s price crash, and provide our analysis of the basis moves. Here is the gold intraday graph for Wednesday November 1. This is our recurrent pattern. Basis rising with price, though we read it as reluctant to fall when price […]

Gold and Silver Get Powelled, 27 Oct 2017

On Friday’s “Powell Spike”, somebody thought Powell would be good for gold. The price rallied four bucks in a minute, and then another three bucks within 8 minutes. But who? Was it stackers loading up on coins, prepping for inflatiocalypse? Or was it speculators loading up on leverage, betting on futures? And how can we […]

What Made Gold Go Up, Update 20 Oct 2017

Yesterday, the Department of Labor announced that initial jobless claims dropped. Quite a lot. So naturally, markets reacted. The stock market began to rise. The euro rose, at least for a while. And the prices of our favorite heavy metals rose, particularly silver. Silver was around its low of $16.92 before the report. Two and […]

Thoughtful Disagreement with Ted Butler – Gold Basis

This article follows on from Keith Weiner’s response to Ted Butler’s Thoughtful Disagreement challenge. Below is a graph of all 130 gold contracts since February 1996, aligned by contract age in terms of number of days until expiry on the X axis of the chart and basis in percentage per annum on the Y axis. […]

Scottsdale Precious Metals Lease #3 (Gold)

Scottsdale Precious Metals purchases high-quality vintage and new jewelry for resale online and through other channels. Monetary Metals’ lessors are financing additional inventory to grow Scottsdale Precious Metals’ business. Metal: Gold Commencement Date: September 22, 2017 Duration: 12 months Lease Rate: 5.50% to lessee, 3.50% to lessors Lease rate offer chart: