by James Quinn: That’s the thing about the collapse of civilization. It never happens according to plan. The fragility of our debt financed oil dependent just in time global supply chain system is beyond the comprehension of the average zombie American. They are too distracted by mass consuming the products…
By Ugo Bardi: Since gold costs almost a thousand times more than tungsten (ca. $ 40,000 per kg against about $ 50 per kg) you can understand that there is a lot of incentive for the second law to play a role, here: with a chance to cheat, someone will….
The notion of future U.S. Energy Independence will seriously disappoint the market and American public. This strategy of energy independence put forth by the energy industry and U.S. Govt may buy some time for our anemic economy and the U.S. Dollar, but will back-fire in a big way when overall…
Many precious metals investors are being deceived and they don’t even know it. There is so much fraud, manipulation and deceit taking place in the economic and financial markets, its amazing the system hasn’t collapsed already. However, there is another big problem taking place in the precious metal industry that…
The U.S. Mint sold more Silver Eagles in the past two months than it has ever in the same time-period in previous years. February and March sales were so strong, they surpassed 2013’s by nearly 2.4 million. According to the U.S. Mint’s most recent update, sales of Silver Eagles in…
By Gene Arensberg: We at Got Gold Report have to believe that the gold trade now expects and is positioning for a higher, not a lower gold price in 2014. The sudden, overly large reduction in the Producer/Merchant gross shorts this COT week is kind of an earthquake in that…