Category Archive: 6a) Gold & Monetary Metals

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The War On Cash – COVID Edition Part II

2020-06-21

The digital “toll” It doesn’t require too dark an imagination to realize the gravity of the concerns over the digital yuan. China is a true pioneer when it comes surveillance, censorship and political oppression and the digital age has given an incredibly efficient and effective arsenal to the state. Adding money to that toolkit was a move that was planned for many years and it is abundantly clear how useful a tool it can be for any totalitarian...

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Growing Dollar Demand, Silver Weirdness, Market Report, 15 June

2020-06-17

by Keith Weiner

2020-06-17

Silver Basis and Co-basis and the Dollar Price, November 2019-February 2020

The Federal Reserve has become more aggressive again, after several years of acting docile. As you can see on this chart of the Fed’s balance sheet, it has very rapidly expanded from a baseline from (prior to) 2015 through 2018, of about $4.4 trillion. After which, it had attempted to taper, getting down to $3.8 trillion last summer. Then it was obliged to reverse itself well before responding to the COVID lockdown. Since then, its balance sheet...

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Reject the “Next Generation EU Plan”

2020-06-13

by Claudio Grass

2020-06-13

The Václav Klaus Institute urging the Czech Government to reject the dangerous Ursula von der Leyen´s plan. It is rather rare that I share articles on my channel that are not from my own pen. The following article is therefore an exception and for good reason. It is written by none other than the former President of the Czech Republic Václav Klaus, with whom I have a long-standing relationship, based on great respect and many shared values.

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Technocracy vs Liberty

2020-06-11

by Claudio Grass

2020-06-11

“I prefer true but imperfect knowledge, even if it leaves much undetermined and unpredictable, to a pretense of exact knowledge that is likely to be false.” Friedrich August von Hayek

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Monetary Metals Provides Gold Loan to Sector Resources

2020-06-10

by Keith Weiner

2020-06-10

The loan is denominated in gold with interest and principal paid in gold. Scottsdale, Ariz., June 9, 2020—Monetary Metals® announced today that it has loaned gold to Sector Resources Canada Ltd., a British Columbia based gold mining company. The private transaction was conducted off-market, and the interest rate and terms were not disclosed.

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An unexpected blow to the ECB

2020-05-27

by Claudio Grass

2020-05-27

Since the beginning of the year, the corona crisis has come to monopolize the news coverage to the extent that a lot of very important stories and developments either went underreported or were ignored altogether. One such example was the very surprising ruling out of the German Constitutional Court in early May, that challenged the actions and remit of the ECB.

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When Is a Capital Gain Capital Consumption? Market Report, 25 May

2020-05-26

by Keith Weiner

2020-05-26

Silver Basis and Co-basis and the Dollar Price

The price of gold dropped a few bucks this week, but the price of silver jumped about half a buck. The drumbeat for the gold bull market is well underway, and it is beginning now for silver. So let’s do a quick update on the supply and demand fundamentals.

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The Federal Counterfeiter

2020-05-25

by Keith Weiner

2020-05-25

Suppose you wanted to run an enterprise the right way (we know, we know, this is pretty far-out fiction, but bear with us). And, your enterprise has a $1 million dollar piece of equipment that wears out after 10 years. You must set aside $100,000 a year, so that you have $1 million at the end of 10 years when the equipment needs replacing. There’s a word, now archaic, to describe the account in which you set aside this money.

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Open Letter to Crispin Odey

2020-05-22

by Keith Weiner

2020-05-22

I am writing in response to the comments you made in a letter to investors yesterday, which were widely reported. You have set the gold community afire, with claims that are not new and not true. So I shall attempt to douse the flames. As everyone knows, President Roosevelt outlawed the ownership of gold in 1933. Although gold was legalized in 1975, fears linger today that the governments may repeat this heinous act.

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“We are expecting a new wave and we’re prepared for it.”

2020-05-15

by Claudio Grass

2020-05-15

Interview with Robert Hartmann, Co-Owner ProAurum, Over the last couple of months, we’ve witnessed unprecedented changes in the global economy, in the markets and in our societies. The corona crisis and the governmental measures that were introduced had a dramatic and direct effect on all of us, as investors and as citizens.

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Gold and Silver Markets Start to Normalize, Report 4 May

2020-05-05

by Keith Weiner

2020-05-05

Gold Basis and Co-basis and the Dollar Price

The price of gold dropped $29 and the price of silver dropped $0.27. We’ll get back to where we think the prices are likely to go in a bit. In recent Reports, we’ve looked at the elevated bid-ask spread in gold (though not nearly as elevated as some goldbugs would have you believe) and the elevated gold basis.

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Hard talk with Václav Klaus: “The people should say NO to all of it.”

2020-05-05

by Claudio Grass

2020-05-05

As we get deeper into this crisis and we get used to our “new normal”, it’s easy to focus on the daily corona-horror stories in the media or the latest shocking unemployment numbers, and lose track of the bigger picture and of what is really, fundamentally important. Even as the lockdown measures begin to get phased out, the scale of the economic damage is unimaginable and the idea of returning to “business as usual” is no longer tenable.

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