If the present trend of large monthly silver imports continues, Indian may be setting up for a record year in 2013. According to industry sources, Indian has already imported 2,400 tonnes of silver in the first 5 months of 2013 compared to 1,900 tonnes for the entire year in 2012….
As the paper price of gold falls even lower due to market manipulation, gold continues to bleed from the COMEX Warehouse stocks. Today, another 156,310 ounces were removed from the Customer inventories. What is even more interesting is how much gold has been removed from the COMEX since the beginning…
It’s been rumored that the Russians have been purchasing the majority of their domestic gold production. Well, according to this Mining Company’s 2012 Annual Report, the Russian Federation was the majority buyer of its domestic gold and silver production. In 2012, Russian based Polymetal International, produced 589,000 ounces of gold…
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…