Tag Archives: gold silver ratio

 See the introduction and the video for the terms gold basis, co-basis, backwardation and contango. Rate Hike Heeded by Gold, Ignored by Stocks The price action was not what most of those in the gold community hoped for (or predicted). The price of gold dropped another $24 and that of silver nearly a whole dollar. The big news of course is that the Fed hiked rates another 25 basis points. So far, stock market...

See the introduction and the video for the terms gold basis, co-basis, backwardation and contango. A Lawsuit Makes Waves The price action was mixed last week. Those hoping for dollar declines in gold terms were disappointed. However, silver gave them a sop as the price of the buck declined by one one-hundredth of a gram of silver. In Monetarist terms, gold went down $18 and silver up 11 cents. Monetarism, in its...

See the introduction and the video for the terms gold basis, co-basis, backwardation and contango. A Lawsuit Makes Waves The price action was mixed last week. Those hoping for dollar declines in gold terms were disappointed. However, silver gave them a sop as the price of the buck declined by one one-hundredth of a gram of silver. In Monetarist terms, gold went down $18 and silver up 11 cents. Monetarism, in its...

 See the introduction and the video for the terms gold basis, co-basis, backwardation and contango. A Plethora of Reasons We’ve gone through a succession of events and processes that were supposed to make gold go up. The following list is by no means exhaustive: Quantitative Easing Bernanke’s Helicopter Drops Janet Yellen’s Keynesianism Obama’s Deficits (US government debt is now a hair away from $20,000,000,000—and...

See the introduction and the video for the terms gold basis, co-basis, backwardation and contango. How Not to Predict Gold Prices Sometimes, we think that every story in the gold community has the same template: I have inside information to share with you My peeps are telling me that <XYZ> will happen If <XYZ> happens, then the gold price will go ballistic (<XYZ> will happen, I just know it) So buy...

See the introduction and the video for the terms gold basis, co-basis, backwardation and contango. The Quality of Money “The problem with central banks is that they increase the quantity of money in the same way that the problem with piping sewage into a swimming pool increases the quantity of water.” It’s not really about the quantity, is it? It’s about the quality. We believe that millions of people can see that...

See the introduction and the video for the terms gold basis, co-basis, backwardation and contango. Big News The big news this week is that Donald Trump was elected to be the next president of the United States. Whether due to his comments about restructuring the government debt, tariffs on imported goods, or other economic concerns, many expected news of his election to push up the price of gold. They were wrong....

See the introduction and the video for the terms gold basis, co-basis, backwardation and contango. First Rule This week the prices of the metals, as measured in terms of the much-abused and much-hated but much-preferred US dollar, went up. +$28 and +0.66 respectively. That’s a pretty big deal. So big, in fact, that a prominent voice for the use of gold as money tweeted about it. You may want to skip past this...

See the introduction and the video for the terms gold basis, co-basis, backwardation and contango. Hillary Clinton and FBI chief James Comey. As absurd as this must appear to anyone looking at the situation in a detached manner, anything that might endanger Ms. Clinton’s election victory seems to be seen as negative for market confidence. - Click to enlarge Confidence Speculation Twice last week, the prices of the...

See the introduction and the video for the terms gold basis, co-basis, backwardation and contango. Reassertion of Gravity Another week without much major price action, gold +$16 and silver +$0.12. At least if you look at the closing prices. However on Monday after New York market hours, there was quite a spike in silver. The close was $17.46. The price was up 10 cents by midnight in New York. By the morning before...