Category Archive: 6a) Gold & Monetary Metals

Filter archive by: Show All Show only Articles Show only Videos

What Trick did Tricky Dicky Pull 50 Years Ago Today?

2021-08-16

by

2021-08-16

Sometimes, bad luck can strike. But other times, a catastrophe comes from a series of bad decisions, each the reaction to the consequences of the previous one. On August 15, 1971, President Nixon decreed that the US dollar would no longer be redeemable for the gold owed, even to foreign governments.

Read More »

Is the Gold Standard the Economists’ Punching Bag?

2021-08-13

by

2021-08-13

The following article was written by Keith Weiner, CEO of Monetary Metals, as a counterpoint to this article, POINT: Should the US Return to the Gold Standard? No It was originally published at InsideSources, here: COUNTERPOINT: Is the Gold Standard the Economists’ Punching Bag?

Read More »

Gold Price Smashdown vs Gold on Fire

2021-08-11

by

2021-08-11

No sooner did we write Silver Rorschach Test, than the price of gold flash-crashed, or was smashed down. On Sunday afternoon in Arizona—i.e. Monday morning in Australia and Asia—the gold price dropped sharply. Gold bug sources claim that the drop was $100, but as we can see from the price graph included in this report, the actual crash itself was about $70.

Read More »

Gold, Stocks & Commodities- A Complicated Correlation

2021-08-07

by

2021-08-07

In our July 29 post titled How Gold Stacks Up Against Stocks, Property, Commodities and Big Macs! we showed readers charts of gold as a ratio to other assets and products. We discussed that gold competes with crypto and stocks for the investment dollars.

Read More »

Moving from Gold-Redeemable to Irredeemable Currency

2021-08-04

by

2021-08-04

When we saw the following comment from a prominent otherwise-free-marketer, we knew it was time to write this article. “…the value of the Fed's "liabilities"(which are so in name only) [scare quotes and parenthetic comment in original] bears only a very loose connection to the value of its assets.”

Read More »

Motivated Reasoning About Silver

2021-07-27

by

2021-07-27

Gold Basis, Co-basis and Dollar Price
We’re seeing the argument, again, that silver stocks are being consumed in solar panels, medical applications, and of course, electronics. This argument has a certain temptation. After all, the standard assumption is that value is inversely proportional to quantity. Purchasing power is widely believed to be 1 / N (N is number of units of currency issued).

Read More »

Biden’s Dangerous Inflation Denials

2021-07-25

by

2021-07-25

President Joe Biden is in denial about inflation. This week he superficially addressed the problem by admitting the obvious – that prices have been rising rapidly this year – while denying that the inflation surge represents anything out of the ordinary.

Read More »

Quantitative Easing: A Boon or Curse?

2021-07-24

by

2021-07-24

Central banks’ massive Quantitative Easing (QE) programs have come under scrutiny many times since the central banks fired up the printing press and began quantitative easing programs en masse after the 2008-09 Great Financial Crisis. However, the increase in central bank assets due to quantitative easing programs during the crisis pale in comparison to the QE programs during the Covid pandemic. As economies recovered after the...

Read More »

Celebrating Five Years of Interest on Gold

2021-07-23

by

2021-07-23

This month marks the five-year anniversary of Monetary Metals paying interest on gold. It was July 2016 when we offered our first Gold Fixed Income True Gold Lease. The gold lease was to Valaurum for manufacturing their flagship product, the Aurum®. It paid 3.0% interest on gold to investors (you can read the original press release here).

Read More »

Episode 22: Reimagining Physical Gold with Adam Trexler of Valaurum

2021-07-22

by

2021-07-22

Can there be innovation in physical gold? Absolutely! In our increasingly digital reality, innovation in the material world may seem a bit passé, but not to Dr. Adam Trexler, founder and President of Valaurum. Valaurum produces the Aurum® – the smallest verifiable unit of gold for investment available on the market today. Adam joined Keith and John for an invigorating discussion on what the future of gold is going to look like.

Read More »

Basel III’s Effect on Gold and Silver

2021-07-13

by

2021-07-13

There is sometimes a tendency to confuse ends and means. For example, in traveling through an airport there is extensive inspection of passengers. Before you are allowed to board an airplane, you must go through a process that is intrusive and increasingly invasive.

Read More »

Inflation or Lockdown Whiplash?

2021-06-29

by

2021-06-29

Mainstream analysis sees rising consumer prices, and looks for a monetary cause. Also, when it sees an increase in the quantity of dollars, it looks for rising consumer prices. It is a fact that the quantity of what the mainstream calls money (i.e. the dollar) has risen at an extraordinary rate.

Read More »

Is Gold Still in a Bull Market?

2021-06-26

by

2021-06-26

Today Gareth Soloway, Chief Market Strategist of InTheMoneyStocks.com talks about his technical analysis of gold and silver as well as giving us insights in to the recent moves in Bitcoin and the stock markets. Recent comments from the Federal Reserve Chairman Jerome Powell indicated that they may need to raise rates in 2023 (2 years away!). This is primarily due to the continued excessive money printing fueling a surge in inflation. Inflation is...

Read More »

What the Heck Just Happened to the Price of Gold and Silver?!

2021-06-22

by

2021-06-22

Gold Basis and Co-basis and the Dollar Price
The price of gold (and silver) was on a tear in April and May. Then some sideways action. And then this week, thud. On Twitter, a popular meme is that the banks smashed the price by selling futures contracts, though there was no selling of gold bars. Let’s just say that if the price of an August contract fell by $120, while the price of a gold bar held steady, there would be a backwardation of around 40%!

Read More »

Resetting the Federal Debt

2021-06-08

by

2021-06-08

Federal Debt: Total Public Debt, 1970 - 2020
According to the US Treasury, the federal government owes $28.2 trillion. It crossed the “28” threshold on the last day of March. The debt was just under $25 trillion at the end of April a year ago. There’s no question it’s growing at a faster and faster pace, and now there’s the excuse of Covid to spend more.

Read More »

A Deeper Dive Into Silver

2021-06-03

by

2021-06-03

Silver Basis and Co-basis and the Dollar Price
The prices of the metals hit their lows by the end of April. Gold traded for around $1,685, and is now over $1,900. Silver was around $24, and is now over $28. These are big moves (though of course nothing like bitcoin).

Read More »

Gold’s Middle Finger To Lying Currencies

2021-06-02

by

2021-06-02

U.S. CPI for All Urban Consumers, 1950 - 2020
Authored by Matthew Piepenburg via GoldSwitzerland.com,Sensationalism, like central bankers and policy makers, has many faces, views and voices.This may explain why so many want to hold their ears, hug their knees and beg the heavens for a beacon of guiding light amidst a 24/7 fog of info-cycle pablum masquerading as information.

Read More »

Demand for Gold is Expected to Grow Exponentially in 2021

2021-05-06

by

2021-05-06

Demand for Gold
The difference between physical gold investing and ETF investing was stark in the first quarter 2021 according to the World Gold Council’s Gold Demand Trends data released last week. Before focusing in on investment demand below a few notes on overall gold demand in the first quarter.

Read More »

The Truth about the Silver Squeeze

2021-04-27

by

2021-04-27

Silver Basis and Co-basis and the Dollar Price
Some recent videos about the silver market are generating more buzz than we have seen in a while. They make several points, but the main one is that there is a global shortage of silver. This assertion stands in contradiction to the fact that the silver price has dropped. As of the date of the first of these videos, it had dropped around 10% from its level just a month earlier.

Read More »

Ohio House Votes to Fix Blunder, Remove Sales Tax on Sound Money

2021-04-23

by

2021-04-23

Sound Money Gold
The Ohio House of Representatives just approved a bill which helps Buckeye State citizens protect themselves from the loss of monetary purchasing power caused by federal money printing. Introduced by Representative Oeslager, House Bill 110 includes a provision to eliminate the sales and use tax on purchases of gold, silver, platinum, and palladium coins and bullion in Ohio. 

Read More »