Chinese demand for physical gold investment surged in the first three-quarters of 2017 while Americans ditched the shiny yellow metal for increased bets on the crypto mania and stock market bubble market. Chinese gold bar and coin demand increased by 44% while U.S. physical gold investment demand fell by 55%.
In this update, Tom Cloud reviewed his calls on for the precious metals market last year and what he sees taking place in 2018. Tom discusses their price targets and the overall precious metals market.
The U.S. Stock Market is reaching its biggest bubble in history. When the price of the Dow Jones Index only moves in one direction… UP, it is setting up for one heck of a crash. How will a market crash impact gold and silver?
Some nasty dark clouds are forming on the financial horizon as total world debt is increasing nearly three times as fast as total global wealth. Also, the percentage of world gold investment to global world assets is much higher than we realize.
So, why will the U.S. gold market suffer a deficit if gold demand is down sharply this year? Well, it seems as if the culprit is the huge increase in net gold exports. Thus, the U.S. net export deficit will be 225 mt in 2017…
While silver investors continue to be discouraged about the low price, the market has experienced a fundamental change that needs to be understood. Since 2007, the majority of silver investment inventory is LOCKED OUT as a future source of supply for the global fabrication demand.
So, the big question to all the Bitcoin investors and crypto traders….. Will the market recover or will the crash continue? The King of cryptocurrencies plunged a staggering 45% from its record high in just five days
When Columbus arrived in America (1492), the world was only producing 7 million oz of silver a year. Today, the world’s largest primary silver mine, Fresnillo’s Sauicto Mine, produced three times that amount in just one year (22 million oz, 2016).
The debate continues between the SRSrocco Report and CPM Group’s Jeff Christian on the fundamentals of the silver market. After my article, in which I questioned the CPM Group’s exclusion of silver investment demand from their supply and demand analysis, Jeff Christian responded with a comment on my website. I am glad that Mr. Christian…
The U.S. economy continues towards an epic crisis while the overwhelming majority of analysts are completely in the dark. Even though some alternative media analysts understand that our highly leveraged fiat monetary system and markets will crash, they fail to understand the underlying reasons. Thus, we are heading into a future we are not prepared…