Demand is still huge and it’s not abating. What caught my eye was the very large seizure of gold in Pakistan. Of course this gold was destined to go across the border into India...
The punitive gold taxes in India are clearly not working. In fact, the government is now talking about repealing them altogether, or at least bringing them down because what these politicians have done is... read more
As we begin 2014; it seems incredible to me that we still have what is known as “an inflation/deflation debate” raging. But a debate which was merely frustrating five years ago is now absurd; because it is founded on an entirely false paradigm.
What is logically implied in this “debate” is that spiraling inflation or crushing deflation are alternative scenarios; when, in fa... read more
The information in this report is taken from sources believed to be reliable; however, the Commodity Exchange, Inc. disclaims all liability whatsoever with regard to its accuracy or completeness. This report is produced for information purposes only." - The disclaimer now posted on the Comex gold and silver daily warehouse stock report as of Monday, June 3, 2013.
How would you like t... read more
Gold rose around 1 percent on Friday after sharply weaker-than-expected U.S. jobs data supported the view that the U.S. Federal Reserve will take a gradual approach to tapering its bond-buying program this year.
U.S. nonfarm payrolls rose just 74,000 in December, the smallest increase in nearly three years and far below the 196,000 forecast by economists. The unemployme... read more
The coming move and mania in silver will be breathtaking and will resemble the Tulip & recent Bitcoin manias.
Silver might take 10 months to peak and 2 months or less to retrace much of its price increase. It might be a $100 billion market in the US.
The market will be completely overrun and choked with silver, yielding an inventory that might not bleed off for years. read more
Make no mistake about it. In the face of China’s moves to move away from the U.S. dollar and bolster their own currency with an historically epochal program of systemic physical gold accumulation, the U.S Government and the Fed are waging a nuclear currency war with a war on the physical gold market at its nexus.
Anyone who asserts that it is any less than that is a complete coward.
An... read more
Las Lágrimas de la Luna” could well reach $500/oz in the next few years. This expression is how ancient Incas of Peru referred to silver…”Tears From The Moon.” Although silver production is globally widespread, tiny Peru is the world’s largest silver producer. However, many mining companies contribute to world silver production.
Here are the World’s 20 Largest Silver Pro... read more
It's been one of the worst years for gold in a generation. A flood of outflows from gold ETFs, endless tax increases on gold imports in India, and the mirage (albeit a convincing one in the eyes of many) of a supposedly improving economy in the US have all contributed to the constant hammering gold took in 2013.... read more
Former Assistant Treasury Secretary Dr. Paul Craig Roberts says, "The West is draining itself of physical bullion. . . If there is a currency collapses and you try to flee into gold, there won't be any there. The Chinese will have it." So, is this the year gold and silver stage a big turnaround? Roberts says, "It's gone on longer than I thought it could go on. I didn't realize all the deceptive... read more
The United States government has six interrelated motivations for destroying the value of the dollar:
- Creating money out of thin air on a massive basis is all that stands between the current state of hidden depression, and overt depression with unemployment levels potentially rivaling those seen in the Great Depression of the 1930s.
- It is the most effective way to not jus... read more
