Category Archive: 6a.) Gold and its Price

Main Author Keith Weiner
Keith Weiner is president of the Gold Standard Institute USA in Phoenix, Arizona, and CEO of the precious metals fund manager Monetary Metals. He created DiamondWare, a technology company that he sold to Nortel Networks in 2008. He has his PhD from the New Austrian School of Economics. He lives with his wife near Phoenix, Arizona. In March 2015 he moved his Gold Standard column from Forbes to SNBCHF.com.

Swiss Flush $3 Million In Gold And Silver Down The Drain Every Year

When it comes to flushing valuables down the toilet, the Swiss are hardly "Austrians", and appear to be equity-opportunity dumpers, whether it is fiat or hard money. Last month we reported that Switzerland was gripped in a mystery, after it was discovered that someone tried to flush $120,000 in €500 bills down the toilet in a bathroom close to a UBS bank vault as well as three nearby restaurants, which in turn clogged the local toilets requiring...

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Stocks Up and Yields Down – Precious Metals Supply & Demand

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.

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Thoughtful Disagreement with Ted Butler

Too Big to Fail? Dear Mr. Butler, in your article of 2 October, entitled Thoughtful Disagreement, you say: “Someone will come up with the thoughtful disagreement that makes the body of my premise invalid or the price of silver will validate the premise by exploding.” Ted Butler – we first became aware of Mr. Butler in 1998, and as far as we know, he has been making the bullish case for silver ever since.

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Precious Metals Supply and Demand Report

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.

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Precious Metals Supply and Demand Report

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.

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Precious Metals Supply and Demand

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.

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Bitcoin: Tragedy of the Speculations

The Instability Problem. Bitcoin is often promoted as the antidote to the madness of fiat irredeemable currencies. It is also promoted as their replacement. Bitcoin is promoted not only as money, but the future money, and our monetary future. In fact, it is not. Why not? To answer, let us start with a look at the incentives offered by bitcoin.

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Precious Metals Supply and Demand

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.

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Le retour de l’or sur la scène monétaire mondiale?

Mars 2009, le gouverneur de la Banque populaire de Chine M Zhou Xiaochuan revint  dans le cadre d’une conférence intitulée Reform the international Monetary System sur la vision de Keynes au sujet du bancor.Pour lui, le système centré sur le dollar américain et les taux de changes flottants, plus ou moins librement, devrait être repensé.

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Six Banks Join UBS’s “Utility Coin” Blockchain Project

Here’s a piece of news that the remaining human members of Wall Street’s FX sales and trading desks probably don’t want to hear. According to the Financial Times, six of the world’s largest banks have decided to join a blockchain project called “utility coin” that will allow banks to settle trades in securities denominated in different currencies without a money transfer.

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Precious Metals Supply-Demand Report

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.

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Bad Ideas About Money and Bitcoin

How We Got Used to Fiat Money Most false or irrational ideas about money are not new. For example, take the idea that government can just fix the price of one monetary asset against another. Some people think that we can have a gold standard by such a decree today. This idea goes back at least as far as the Coinage Act of 1792, when the government fixed 371.25 grains of silver to the same value as 24.75 grains of gold, or a ratio of 15 to 1.

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Precious Metals Supply and Demand Report

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.

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Buy Gold Urges Dalio on Linkedin – “Militaristic Leaders Playing Chicken Risks Hellacious War”

Don't let "traditional biases" stop you from diversifying into gold - Dalio on Linkedin. “Risks are now rising and do not appear appropriately priced in” warns founder of world's largest hedge fund. Geo-political risk from North Korea & "risk of hellacious war". Risk that U.S. debt ceiling not raised; technical US default. Safe haven gold likely to benefit by more than dollar, treasuries.

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Bitcoin Has No Yield, but Gold Does – Precious Metals Supply and Demand Report

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.

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Bitcoin Forked – Precious Metals Supply and Demand Report

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.

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Bitcoin, Gold and Silver

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.

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Against Irredeemable Paper – Precious Metals Supply and Demand

Something needs to be said. We are against the existence of irredeemable paper currency, central banking and central planning, cronyism, socialized losses and privatized gains, counterfeit credit, wealth transfers and bailouts, and welfare both corporate and personal.

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Millennials Can Punt On Bitcoin, Own Gold and Silver For Long Term

Bitcoin volatility shows not currency or safe haven but speculation. Volatility still very high in bitcoin and crypto currencies (see charts). Bitcoin fell 25% over weekend; Recent high of $3,000 fell to below $1,900. Bitcoin least volatile of cryptos, around 75% annualised volatility. Gold much more stable at just 10% annualised volatility.

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Stockholm Syndrome – Precious Metals Supply and Demand

Stockholm Syndrome is defined as “…a condition that causes hostages to develop a psychological alliance with their captors as a survival strategy during captivity.” While observers would expect kidnapping victims to fear and loathe the gang who imprison and threaten them, the reality is that some don’t.

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