The U.S. economy and markets are now the BIGGEST BUBBLES in history. In 2000, we experienced the Tech Bubble. In 2008, we suffered both a Stock Market and Housing Bubble. However, today… we are in the “EVERYTHING BUBBLE.” This is an excellent video presentation by Mike Maloney at GoldSilver.com. Mike…
(by Wolf Richter) Up 10,000% in 16 months? These charts truly depict our crazy times “One word, a question: Etherium,” said the guy at my swim club on Sunday. “What do you think? It’s a ten-bagger since January.” Meaning that the value of the cryptocurrency has multiplied by ten in…
While many precious metals investors realize the massive amount of paper trading leverage taking place in the gold market, they should see what is going on in the silver market. In a previous article, I provided data showing that an amazing $9.8 trillion of notional gold paper trading took place…
According to the most recently released data from Chile’s Ministry of Mining, the country’s silver production declined a stunning 26% in the first quarter of 2017. This is a big deal as Chile is the fourth largest silver producing country in the world. The majority of Chile’s silver production comes…
Most Americans didn’t realize it, but something BIG changed in the U.S. gold market in the beginning of 2017. While precious metals sentiment and buying in the U.S. has dropped off considerably in the first quarter of 2017, the East continues to acquire gold, HAND OVER FIST. How much gold? …
After the U.S. economy disintegrated in 2008, due to the Banking and Housing crisis, Americans pawned off a record amount of gold. How much gold? Nearly, 32 million oz (1,000 metric tons). That’s one heck of a lot of gold. Matter-a-fact, U.S. gold scrap supply at its peak of 160…