Jim Goddard: My guest is David Smith, Senior Analyst for the Morgan Report which you can find online at Silver-Investor.com. Welcome to the show David. David Smith: Good to be back, Jim. Jim Goddard: Gold and silver versus petrodollar perils, maybe explain to us what you feel that is and why investors should be […]
Gold Market Manipulated For a Decade
Tune in to Kitco News’ exclusive interview with Rosa Abrantes-Metz, the researcher responsible for creating waves in the gold market earlier this year regarding manipulation in the London gold fix. Metz speaks with Daniela Cambone to discuss the research paper and her findings, which are soon due for release. “We found that, particularly since […]
What happened to the German gold stored in US ?
The German Central Bank was planning to repatriate its gold reserves from the United States and France. They moved it out of Germany because of the Cold War, right, the threat the Russians would take it? It’s just the same reason most of the gold is sitting in the basement of the New York […]
Comex: The Ratio of Potential Claims to Deliverable Gold Remains at an Extreme of 57 to 1
“Jim, lad, there be consequences an’ then there be consequences. Devil take ’em all, says I, and pass aft the rum.” Robert Louis Stevenson, Treasure Island The ratio of potential claims to deliverable gold remains at an extreme of 57 to 1, despite the pricing antics designed to shake off the standing longs, and […]
China’s Official News Agency Has Called for the Creation of a “de-Americanised World”
China’s official news agency has called for the creation of a “de-Americanised world”, saying the destinies of people should not be left in the hands of a hypocritical nation with a dysfunctional government. Heaping criticism and caustic ridicule on Washington, the Xinhua news agency called the US a civilian slayer, prisoner torturer and meddler […]
COMEX Warehouses: Deliverable Gold Falls To a New Low Of 725,000 Ounces
There was a transfer of 43,575 ounces out of the deliverable (registered) category to eligible storage with the JP Morgan warehouse, bringing the total gold in the registered category to 725,030 ounces. Friday will be the last day for August delivery. The next delivery month will be October. Total gold in the COMEX warehouses […]
Important Gold Charts
“We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses, which might have taken down all the rest in their wake. Therefore at any price, at any cost, the central banks had to quell the gold price, manage it.” Sir Eddie […]
Gold Gone? US Held Gold Worries Germans
The world is losing trust in the dollar as a safe haven. A major blow came after Germany’s Bundesbank demanded the repatriation of a big chunk of its gold being held in the US. Because as RT’s Gayane Chichakyan reports, some are concerned the assets of foreign nations in the Federal Reserve are not […]
Silver has recently outperformed gold, rising a little over 16% with gold rising 11%
I wanted to take a look at the relative performance of gold and silver from the bottom of the precious metals market which seems to have occurred around the end of June. As you can see in the first chart, silver has recently outperformed gold, rising a little over 16% with gold rising 11%. […]
The Registered Gold in the COMEX Warehouse Has Declined by Almost 60,000 ounce
Since last Friday the registered gold in the COMEX warehouse has declined by almost 60,000 ounces to a new recent low of 875,710 ounces. Total gold including eligible gold stored by customers in COMEX warehouses but not offered for sale holds steady at around 7 million ounces. There was a transfer of about 6,445 […]
