Tom provides a new update on central bank gold buying and what is taking place in the silver market. Tom discusses how central banks purchased a record 630+ metric tons of gold last year, and he sees continued strong buying as China and Russia diversify away from U.S. Dollar assets….
By purchasing increasingly worthless paper assets, we can thank the central banks for propping up the global economy for the past decade. Since the 2008 financial crisis, the top central bank’s have acquired $13 trillion worth of assets on their balance sheets. While the central banks label these balance sheet…
After taking ten weeks for palladium to rise from $1,300 to $1,550, it only took three days to fall $205. Actually, the majority of the decline occurred over the past two days. Now, some may say that the huge crash in the palladium price smells of market manipulation. However, I…
While Mexico suffered the bloodiest year of violent deaths in 2018, even bigger trouble may be ahead for the embattled country. For the first time in more than 50 years, Mexico has become a net importer of oil. This is undoubtedly bad news for the Mexican Government as it has…
While the demand for precious metals is certainly off its highs from prior years, investors would be quite surprised by the astonishing amount of physical gold and silver investment since the 2008 financial crisis. Only by comparing the gold and silver investment demand to the prior decade, can we truly…
With the latest release by the USGS, silver production in the U.S. is now the lowest in more than 70 years. We have to go all the way back until the year after World War II ended to see U.S. silver production less than it was in 2018. While many…