The notion that the gold price is based on the economics of “Supply & Demand” turns out to be incorrect as the cost of production is the leading factor. Â This is also true for most commodities and energy. Unfortunately, economists and most analysts in the precious metals community will continue…
Precious metals investors are being misled by most analysts’ price forecasts because they do not understand the critical underlying fundamental value mechanism. Â Furthermore, there seems to be a great deal of animosity from the short-term trading analysts who view many in the precious metals community as pandering hype and conspiracies….
Tom Cloud provides an update on the Chinese SDR and gold announcement. He discusses several reasons why the Chinese have not made a public how much gold they hold in their official reserves. This is the first currency added to the IMF – International Monetary Fund SDR (Special Drawing Rights)…
U.S. Mint Silver Eagle sales surged in the first half of October due to increased turmoil in the political system and economic markets. Silver Eagle sales were strong in the first five months of the year, but weakened in the summer due to several factors. One factor was the fall-off…
Investors need to realize the precious metals paper price smash this week is meaningless when we consider the underlying fundamentals of the U.S. and Global Financial System continue to disintegrate. Financial Industry expert, Vic Patane and I discussed why the current precious metals selloff is a nothing more than a…
In episode 7 of Hidden Secrets of Money, Mike Maloney glimpses into the near future to show you how fast the U.S. dollar and economy could collapse. You’ll learn about the velocity of currency, a concept economists try to complicate but is actually quite simple when you realize it has…