The U.S. Mint announced to its Authorized Dealers that its was sold out of its Silver Eagle inventories after the price of silver fell to $15 today. According to the Breaking News Update at SilverDoctors website, over 2 million Silver Eagles were sold in less than two hours. Which means…
As the Banking Cartel continues to push the paper price of gold lower, the Comex experienced another large withdrawal of gold from its inventories. The largest withdrawals came from the vaults at HSBC and Scotia Mocatta. In just one day, 321,650 ounces of gold were removed from the Comex: As…
(By Chris Hamilton) My article “10,000 tons of gold…The math says China could have easily done it!” explains how it’s possible or even likely China has amassed 10,000+ tons of gold. What it doesn’t explain is the context as to why this is so important. I know some now this…
Investors snatched up a record number of Silver Eagles as the paper price was manipulated to new lows today. This is a very strange market phenomenon, as several “Official” analysts forecasted a drop or sell-off of physical metal if the price continued to decline. In just the past two days,…
Just in time for the Halloween Spooks to come out and play by slashing the prices of the precious metals, JP Morgan (vampire squid), experienced another ghastly withdrawal from its gold inventories today. Something quite eerie seems to be taking place as the majority of Comex gold withdrawals are coming…
For some strange reason, the Western official gold demand figures for China are WAY OFF. According to a recent article by Koos Jansen at Bullionstar.com, the Chinese Gold Association reported much higher gold demand than the figures published by the World Gold Council. In the article, China Gold Association: 2013…