Tag Archives: Precious Metals

  U.S. Gold Imports from Switzerland Monthly It seems as if the tide has changed as the U.S. imported a record amount of gold from Switzerland in July.  Normally, the flow of gold from the United States has been heading toward Switzerland.  For example, when the U.S. exported a record 691 metric tons (mt) of gold in 2013, Switzerland received 284 mt, which accounted for 41% of the total.  Compare that to the paltry 3...

By Allan Flynn, Guest Post at BullionStar.com Five months have lapsed without decision, since London gold and silver benchmark-rigging class action lawsuits received a cool response in a Manhattan court. Transcripts from April hearings show, in the absence of direct evidence, the claims dissected by a “very skeptical” judge, and criticized by defendants for lack of facts suggesting collusion, among other things. Judge Valerie E. Caproni, former white-collar...

Submitted by Jeff Thomas via InternationalMan.com, We warn regularly of the risk involved in storing wealth in banks. They’ve made the removal of your deposits increasingly difficult in addition to colluding with governments to allow them to legally freeze or confiscate your money. To add insult to injury, they’re creating reporting requirements with regard to the contents of  safe deposit boxes and restricting what...

See the introduction and the video for the terms gold basis, co-basis, backwardation and contango. Interest Rate Convulsions The prices of both metals were down again this week. We would guess that it has something to do with the fact that everyone knows: higher rates are coming to the dollar. The yield on the 10-year Treasury closed the previous week at 1.762% and this week at 1.701%. It may not look like much, but...

[unable to retrieve full-text content]An era of slowing growth, falling corporate profits, record debt levels, and currency debauchment has many investors buying gold as a bet against global central banks. Holding that gold outside the banking system, and for some, outside one’s own country, are increasingly popular options. Canada, Switzerland, and four other countries have particularly attractive characteristics.

See the introduction and the video for the terms gold basis, co-basis, backwardation and contango. The Cost of Carry The prices of both metals were down this holiday-shortened (Labor Day in the US) week, especially on Friday. The decline corresponded to a spike in interest rates. Of course everyone watched the action of the stock market on Friday. Whatever the proximate cause, the root is credit. When borrowing to...

(Media Release - September 8, 2016 - Immediate Release) – Jan Skoyles - @Skoylesy has been appointed Research Executive  at international gold specialist @GoldCore . As a recognized thought leader in the gold and fintech space, Jan will augment GoldCore’s research capabilities and will focus on the UK economy and gold’s role as an important diversification, payment and savings vehicle. As one of the world's largest and fastest growing gold bullion delivery...

[unable to retrieve full-text content]Keith Weiner's weekly look on Gold. Gold and silver prices, Gold-Silver Price Ratio, Gold basis and co-basis and the dollar price, Silver basis and co-basis and the dollar price.

[unable to retrieve full-text content]The gathering of central planners at Jackson Hole was widely expected to bring some clarity regarding the Fed’s policy intentions. This is of course a ridiculous assumption, since these people have not the foggiest idea what they are doing or what they are going to do next. Like all central planners, they are forever groping in the dark.

  Mining Stocks, Gold Prices and Commodity Price Trends Gold has gone up >400% over the last 16 years. Ironically, it is hard to find a gold mining equity exhibiting similar performance. In retrospect, if one invested in gold, one not only made much better returns, one also took a relatively insignificant risk in comparison to owning equities—equities can go to zero while it is hard for a commodity to fall much...