Here’s another neat info-graphic from the folks at Demon-ocracy, this one depicting a variety of mostly silver (with some gold) bars, balls, and blocks of bars from which the image below was culled. read more
While producing my recent works, Sell Gold and Silver Further on this Jobs Report and Annaly is the Big Beneficiary of Focused Mutual Fund Flows, I made an important connection. By now most investors are aware of the capital flow fuel being provided to stocks at the cost of precious metals and money market funds. Well, within those broad reaching trends, there are cross currents and side stream... read more
Peter: A lot of talk about a “dollar crash” keeps coming up in the blogosphere. Is it a serious threat, and if so, what should an investor do about it? read more
There's been a lot of verbiage spilled over the situation in the price of gold (GLD). This is a difficult situation to handicap because of the sheer importance of this period in time. The Federal Reserve has been trying to talk down the inflation it is inviting through expansion of the monetary base by trying to make us believe that it would end its Quantitative Easing program within a few mont... read more
People are going to see moves in gold that will shock them. Some of the advances will be spectacular, but right now people are focused on short-term weakness so they are missing the big picture. - John Embry, King World News The U.S. media is oozing with bearish reports offering up every reason imaginable as to why the bull market for gold is finished and why gold is entering a bear... read more
Here is what top Citi analyst Fitzpatrick had to say in his latest report, along with 7 powerful charts:  “Weakness in Chinese Iron Ore Imports, weakness in Chinese Asset markets, a bullish USD, USDCNY at the lows, a cheap Gold price, how are they linked and what could it mean?  These charts may help...
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Two years ago Banxico bought 100 tons of gold, and in 2012, added 20 more tons. Last February, its total holdings amounted to 124.5 tons, equivalent to just 4% of Mexico’s international reserves. However, this position has been reduced in recent months because the Mexican central bank has been consistently selling part of its gold for at least nine consecutive months (May 2012 to January 2... read more
Silver has been trading sideways so far in 2013, but what will the rest of the year bring? Will 2013 be the year silver prices break out or crash and burn? What is a sustainable silver price for mining companies and where will the metal come from to supply the next generation of industrial and investment demand? Most important, how can investors make money off this volatile sector? These were t... read more
In August 2011, while undergoing cancer treatments that ultimately failed him, Venezuela’s President Hugo Chávez began withdrawing 160 tons of gold from U.S., European and Canadian banks. “It’s coming to the place it never should have left. ... The vaults of the central bank of Venezuela, not the bank of London or the bank of the United States. It’s our gold,” he said on national tel... read more
We continue our series of charts that keep some investors up at night. Today’s chart comes from Joe Brusuelas, a Bloomberg economist. He points out that, despite all the money-printing, the velocity of money or the rate of turnover in the money supply remains at multi-decade lows. For him, this indicates the risk of deflation is bigger than the risk of inflation. read more