by Steve Saville
Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 12th October 2014.
That gold mining has generally been a crappy long-term investment for almost five decades is evidenced by the following chart. The chart, much of the data for...
An article caught my eye this week. The Tirumala Tirupati Temple in India has deposited gold at the State Bank of India, and is getting paid interest on their deposit. There is something unique about this. The interest is paid...
I write frequently about supply and demand in the monetary metals, gold and silver. I’ve argued that one cannot just look at numbers pertaining to “famous” buyers or sellers like India or the People’s Bank of China, while ignoring thousands...
It is well known that in 1933, President Roosevelt confiscated the gold of U.S. citizens and made possession of gold illegal. He gave gold owners about $20 an ounce and when he was done, he raised the gold price to...
The December gold future went into backwardation today, July 31.
Below, we show the dates when previous gold contracts went into backwardation. As you can see, it is creeping farther and farther out.
This is a picture of gold availability to the...
The October gold future went into backwardation today, July 8.
Below, we show the dates when previous gold contracts went into backwardation. As you can see, it is creeping farther and farther out.
This is a picture of gold availability to the...
It Wouldn't Make Sense Not to
A gold bug argues it would not make sense for the Fed not to manipulate the gold price:
If gold isn't suppressed, then the Fed would be leaving it to trade in an open and...
