(by Bron Suchecki) I was joking earlier this month when I said “350 million ounces looks like an understatement” with regard to Ted Butler’s theory that JP Morgan is accumulating physical silver. Last week Ted claimed that “the real amount may be in excess of 500 million ounces” but that…
Many of the top precious metal analysts state that gold is the premium asset and insurance hedge during a financial collapse. We hear this time and time again. However, if we look at the data during the near collapse of the U.S. Banking and financial system in 2008, gold wasn’t…
Something very interesting took place during the first two months of 2015. U.S. silver bullion imports increased significantly compared to the same period last year. Now, this has nothing to do with the supposed increase of JP Morgan silver inventories as that took place starting in March. During the first…
Americans would be quite surprised to know that even with all the U.S. Government sanctions and threats of war with Russia, we still import a significant amount of petroleum from the former communist country. How much petroleum does the United States import from Russia? Actually, a lot more when we…
The Fed and Central Banks are in serious trouble and certain countries realize it. This can be seen by the change in the gold price and its impact on U.S. gold exports. If the Fiat Monetary Authorities believe a low gold price will discourage investors from purchasing the yellow metal……
(By Charles Savoie) Two ideas about the silver accumulation of JP Morgan Chase—one, it may be used for price suppression at higher levels. That’s exactly what happened with a much larger silver hoard—that of the U.S. Treasury—as a consequence of the Silver Purchase Act of 1934 and Franklin Roosevelt’s “Pilgrimized”…