Our economic views and unique product are generating buzz. There have been a number of interviews recently (more will be posted soon). Lobo Tiggre interviewed Keith Weiner (video) about the unique Monetary Metals business model to pay interest on gold. Silver Bullion interviewed Keith Weiner (video) when he visited Singapore, about the belief that Basel III regulations are good for the price of gold. Claudio Grass...
Read More »The Spreads Blow Out, Update 1 May
The bid-ask spread of both (spot) gold and silver has blown out. Both, on March 1. In gold, the spread had been humming along around 13 cents—gold is the most marketable commodity, and this is the proof, a bid-ask spread around 1bps—until… *BAM!* It explodes to around 35 cents, or two and half times as wide. On the same day, silver went from half a cent to 1.5 cents, or about triple. We zoomed out far enough—it does...
Read More »Will Basel III Send Gold to the Moon, Report 2 Apr
A number of commentators have predicted that the rules of the Basel III bank regulations will cause gold to skyrocket (no, this article is not about our view that gold does not go up, that it’s the dollar going down, that the lighthouse does not go up, it’s the sinking ship going down in the storm). Will it? It would be easy to say—as with all of their other predictions of gold to infinity and beyond—“wait and see.” But...
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