Now that British citizens have voted to leave the European Union, the DIE HAS BEEN CAST. It really doesn’t matter if Scotland or Ireland want to veto it or if a few million British want to redo the vote, because the INERTIA for change has been put into motion. Europe,…
(By John Lee) The roulette game all started in the fall of 2014, about 2 years after Chairman Xi Jinping came to power and became the General Secretary of the Communist Party of China. Xi Jinping had campaigned for socialist economic reform, including a sweeping anti-corruption drive, cutting excess production…
While the world awaits the BREXIT vote, the COMEX Registered Silver Inventories reached a new record as it pertains to leverage. Matter-a-fact, the number of owners per ounce of Registered Silver is higher than gold. In the beginning of the year, COMEX Gold Registered inventory owners per ounce spiked to…
During this week’s precious metals update, Tom discusses possible scenarios resulting from the Brexit vote and why the Fed won’t raise interest rates anytime soon. Tom also gives a brief update on the wholesale precious metals market stating that delays in obtaining gold or silver may occur later this year:…
According to the figures in the 2016 World Silver Survey, Americans now lead the world in physical silver investment. This is quite an interesting change as India has been the number one market for silver bar demand in the past. For example, Indians purchased more than 100 million oz (Moz)…
Last month a new company announced that it would produce a vehicle that would totally revolutionize the U.S. transportation industry. It was Nikola Motors located in Salt Lake City, Utah. Not only does the company plan on producing the vehicle in large numbers, it has already pre-sold $2.3 billion of…