Basel 3 is on course to regulate the LBMA out of existence. And with it will go all the associated arbitrage business and position-taking on Comex, because most bullion bank trading desks will cease to exist. The only supply to buy-side speculators of gold and silver...
Being a silver investor over the last few weeks has become more psychologically challenging. That’s true even for us die-hard silver enthusiasts. After all silver had a standout 2020, having gained about 47% in its best year since 2010. That easily outpaced gold’s own...
Summary Premiums on physical silver coins are at records, and shortages are widespread internationally. This is only possible if silver futures are not priced for a sudden flood of monetary demand. Monetary demand tends to feed on itself, as the higher the price goes...
The Reddit Raiders turned their eyes toward silver over the weekend. Interest in the white metal sparked a surge in retail demand and pushed the spot price of silver briefly over $29 an ounce. As Peter Schiff put it, the Reddit Riders were riding silver instead of...
It may seem like an unlikely match. But there are some big reasons why Biden could become silver’s best friend. The main force behind this thesis is that we can expect stimulus. A lot of stimulus. More specifically, Biden is likely to do his utmost to bring on more...
Recent U.S. Presidents: Debt vs. Coins Added While precious metals can’t be produced out of thin air, U.S. debt can be financed through central bank money creation. In fact, U.S. debt has skyrocketed in recent years under both Democrat and Republican administrations....
Today Egon von Greyerz told King World News it is now only a matter of time before the Silver Maginot Line falls, just like the Gold Maginot Line fell, and the price of silver is going to explode higher after it is broken. June 28 (King World News) – Egon von...
At their lowest level in March, silver futures were down as much as 34% YTD Industrial metal prices have seen an impressive recovery in recent weeks. Silver has erased its loss for the year, and copper is looking to recoup the bulk of the declines it suffered during...
(Kitco News) The gold and silver bull market is in its early stages, and it is already looking to be one of the most volatile bull runs, according to Chancery Asset Management founder Thomas Puppendahl. The COVID-19 outbreak was just “one snowflake that let the...
Samsung Electronics vice chairman Lee Jae-yong (left) and Hyundai Motor Group senior vice chairman Chung Eui-sunLee Jae-yong, vice chairman of Samsung Group, and Chung Eui-sun, senior vice chairman of Hyundai Motor Group, have agreed to cooperate in fostering the...