Investors need to realize that at some point, the highly leveraged Comex gold and silver paper trading exchange will no longer matter. Why, because future physical demand will totally overwhelm the paltry Comex precious metal inventories. This is not a question of “IF”, it’s only a question of “WHEN”. Right…
According to the CME Groups recent release, Comex Registered Silver inventories reached an all time low yesterday. The Registered Silver inventories are those stocks ready to be delivered into the market. Looking at the data put out by Sharlynx.com, Registered Silver Inventories haven’t been this low going back to the…
The U.S. and world markets will crack in 2016. This will be due to the extremely low price of oil. There is a possibility that oil will drop below $20 as storage levels increase towards capacity in the United States. Already oil storage at Gulf Coast and Cushing, Oklahoma are…
There was a recent report stating that global silver production increased in 2015. Sadly to say, it was wrong. World silver production did not rise in 2015, it declined. The folks at Smaulgld.com put out an article yesterday titled, Global Silver Mining Production Increases In 2015. In the article Smaulgld…
There’s been a significant trend change in the gold market and it has the Western Central Banks worried. Before the collapse of the U.S. Investment Banking system in 2008, annual net physical gold investment was negligible. However, the present situation has changed considerably, putting severe stress on Western Central Bank…
The U.S. suffered another sizable gold supply deficit in 2015. Matter a fact, the deficit was 50% larger than in 2014. In 2015, total U.S.gold demand was 118 metric tons (mt) higher than total supply versus 77 mt in 2014. According to figures put out by the USGS, World Gold…