It looks like the stagnate two month bottom in the Comex Gold inventories is now over as a huge withdrawal from HSBC has taken the total warehouse stocks to a new low not seen since 2006. As you can see from the table, 173,358 oz of gold were withdrawn from…
No longer do you have to get tickets to attend the Ringling Brothers and Barnum & Bailey Show, while the real Circus, the Great Banker Taper Spectacle is in town. Today, the “Greatest Show On Earth” does not include a dozen elephants performing amazing stunts, but rather a group of…
After watching the schizophrenic market reaction to St. Louis Fed Bullard’s remarks, I am amazed that the world doesn’t think we have gone completely insane. I don’t know how long this sort of Fed induced lunacy can continue, but real signs are pointing to an economy that is still stagnating…
In a new video, Mike Maloney explains how a person will be able to purchase a home for 500 ounces of silver or less in the future. I actually think silver will buy even more. Mike believes this will occur due to home valuations falling considerably as they re-balance from…
No one was prepared for the orchestrated take-down of the price of gold and silver in the first half of 2013. Forecasted supply was generously overstated while demand… grossly under-estimated. Thus, the tremendous imbalance had to be resolved which came to be known as “The Great Gold Heist of 2013.”…
According to Deutsche Bank, the total return performance of Major Global Financial Assets shows that Silver had the highest percentage gain. If we look at the chart below, we can see that both gold and silver take the number 1 & 2 spot amongst these global financial assets. Here we…