Category Archive: 6a) Gold & Monetary Metals

Useless But Not Worthless, Report 21 Oct 2018

Let’s continue to look at the fiasco in the franc. We say “fiasco”, because anyone in Switzerland who is trying to save for retirement has been put on a treadmill, which is now running backwards at –¾ mph (yes, miles per hour in keeping with our treadmill analogy). Instead of being propelled forward towards their retirement goals by earning interest that compounds, they are losing principal.

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Interview, Ted Talk, Gold Bug Hope and will the Swiss Franc Collapse

I was on the Jay Taylor Show again, to talk about the the Swiss franc. No, the headline was not of my choosing. Adam Caroll gave a Ted Talk about how people behave differently when money isn’t real. And gets into a discussion of how kids will click to spend on their parents’ phones without any real appreciation for what it costs. It’s called “When money isn’t real“.

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Sprott Money News Ask the Expert October 2018 – Marin Katusa

Marin Katusa of Katusa Research joins us to answer questions on the economy, gold prices and the precious metals mining sector.

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Direct Access Gold Podcast Special – The Safest Way To Own Gold

Direct Access Gold – The Safest Way to Own Gold Globally Do you own gold in the safest way possible? GoldCore has launched a service that is being considered as a game-changer when it comes to the level of safety, security and access that precious metals investors have when it comes to their gold. It …

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In surprise move, Central Bank of Hungary announces 10-fold jump in its gold reserves

In one of the most profound developments in the central bank gold market for a long time, the Hungarian National Bank, Hungary’s central bank, has just announced a 10 fold jump in its monetary gold holdings. The central bank, known as Magyar Nemzeti Bank (MNB) in Hungarian, made the announcement in Budapest, Hungary’s capital.

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Keith Weiner-Guaranteed! The Swiss Franc Will Collapse

Keith Weiner, CEO & Founder of Monetary Metals, gives insights into the seldom understood dynamics leading to the pathology of currency market manipulation by central banks.

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We’ve Got A Special Announcement Coming This Thursday

This Thursday we are going to have a very special announcement about a new service that we are launching. This service is going to be a first for the precious metals industry and frankly we think that is going to be a game changer! We can’t say anything about it until its official launch but … Continue reading...

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Marc Faber of Gloom, Boom & Doom Report speaks to ET Now

Marc Faber, editor and publisher of ‘The Gloom, Boom & Doom Report’, who in an interview to ET Now earlier this year had projected a 20 per cent drop in Sensex to a sub-30,000 level, now says the rupee could hit 100 a dollar mark in the next few years. India’s fiscal position is not … Continue...

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You Can’t Eat Gold, Report 14 Oct 2018

“You can’t eat gold.” The enemies of gold often unleash this little zinger, as if it dismisses the idea of owning gold and indeed the whole gold standard. It is a fact, you cannot eat gold. However, it dismisses nothing. This gives us an idea. Let’s tie three facts together. One, you can’t eat gold. Two, gold is in backwardation in Switzerland. And three, speculation is a bet on the price action.

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Gold’s Best Day In 2 Years Sees 2.5 Percent Gain As Global Stocks Sell Off – This Week’s Golden Nuggets

Gold’s Best Day In 2 Years Sees 2.5 Percent Gain As Global Stocks Sell Off – This Week’s Golden Nuggets. News, Commentary, Charts and Videos You May Have Missed. Here is our Friday digest of the important news, commentary, charts and videos we were informed by this week. Market jitters and volatility have returned this week and the sell-off in US government bonds led to sharp falls on Wall Street centered on the very overvalued tech sector and the...

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Stephen Leeb Predicts 3-Digit Silver and 5 Digit Gold?! (Bombshell Guest)

Read full transcript here: https://www.moneymetals.com/podcasts/2018/10/12/trump-bashes-crazy-fed-001632 Check Gold & Silver Prices: https://www.moneymetals.com/precious-metals-charts Dr. Stephen Leeb of Leeb Capital Management weighs in on what he believes will be a major fly in the ointment for the U.S. when it comes to the trade war with China and also tells us if he’s still holding onto the thought …

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Sprott Money News Weekly Wrap-up – 10.12.18

Eric Sprott discusses the falling U.S. stock market, the rising gold price and his recent trip to visit mining sites in Australia.

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The Toxic Stew, Report 7 Oct 2018

Last week, we shined a spotlight on a crack in the monetary system that few people outside of Switzerland (and not many inside either) were aware of. There is permanent gold backwardation measured in Swiss francs. Everyone knows that the Swiss franc has a negative interest rate, but so far as we know, Keith is the only one who predicted this would lead to its collapse (and he was quite early, having written that in January 2015).

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Perth Mint’s Gold and Silver Bullion Coin Sales Soar In September

Sales of gold products by the Perth Mint surged in September to their highest since January 2017, while silver sales more than doubled from August to mark an over two-year peak, boosted by lower bullion prices, the mint said on Wednesday.

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Are Global Property Bubbles Starting to Burst?

Are Global Property Bubbles Starting To Burst? – London, Dublin, Sydney, Vancouver and Hong Kong property prices fall as global risks increase… – Property bubbles in many cities internationally according to The Economist, UBS and others https://www.bloomberg.com/news/articles/2018-09-28/the-cities-around-the-world-most-at-risk-of-property-bubbles – UBS found that six of the world’s largest cities are now subject to a...

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Textbook Falling Interest Behavior

This is a textbook case. Well, it would be if there was a textbook that presented the dynamics of the rising and falling interest rate cycles. Costco is spending over a quarter billion dollars, to make a capital investment in chicken processing. This is not the typical entrepreneurial investment, which seeks to increase margins by serving an unserved or underserved demand.

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Yield Curve Compression – Precious Metals Supply and Demand

The price of gold fell nine bucks last week. However, the price of silver shot up 33 cents. Our central planners of credit (i.e., the Fed) raised short-term interest rates, and threatened to do it again in December. Meanwhile, the stock market continues to act as if investors do not understand the concepts of marginal debtor, zombie corporation, and net present value.

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LBMA Clearing and Vaulting data reveal the absurdity of the London ‘Gold’ Market

The first day of each month sees the reporting of a number of statistics about the London Gold Market by the bullion bank led London Bullion Market Association (LBMA). These statistics focus on clearing data and vault holdings data and are reported in a 1 month lag basis for clearing activity and a 3 month lag basis for vault holdings data.

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Permanent Gold Backwardation, Report 30 Sep 2018

Sometimes, one just needs to look in the right place. And often in those cases, it just takes a conversation to alert one where to look. We had a call with a Swiss company this week, to discuss gold financing for their business. They reminded us that there is a negative interest rate on Swiss francs. And then they said that a swap of francs for gold has a cost. That is, the CHF GOFO rate is negative (the dollar based 12-month MM GOFO™ is +2.4%).

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Sprott Money News Weekly Wrap -up 9.28.18

Eric Sprott gives his thoughts on the recent price action in the precious metals. He also provides a thorough update on some of his favorite mining shares.

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