In just one day, JP Morgan’s Eligible (Customer) gold inventory fell a whopping 61% today. That’s 6.7 metric tonnes of gold taken off of JP Morgan’s inventory. As you can see there are only 136,380 oz of gold left in Morgan’s Customer inventory. Basically, JP Morgan has a little more…
(MoneyNews): Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast. Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently…
(BREAKING: Rand Paul Says He May Sue Over NSA Program) We want to hear what is going on in your area of the world… whether it’s about precious metal availability or premiums, inflation, political events, important local news, employment/job situation, etc. If you would like to share an insight that…
There seems to be an interesting trend taking place in the silver warehouse stocks at the Shanghai Futures Exchange over the past two months. From May of 2012, when the Exchange started trading silver futures, until the beginning of 2013, silver warehouse stocks grew from virtually nothing to nearly 1,000…
(MINEWEB): It is not just India that is witnessing a gold rush. Gold bullion trade is hitting astronomical levels in another gold center in the East, Dubai, which has seen demand for the precious metal surge since the price collapse in April. ….Gold demand in Dubai was reportedly running at…
AUSTIN(BullionStreet): Texas is all set to become the first state to fully expand a tax exemption for gold and silver coins after Texas Senate passed H.B. 78, the bill that eliminates the sales tax on precious metal coins and bullion. Texas Governor Rick Perry is expected to approve a bill…