A few days ago, we wrote about a big silver crash. The price dropped around 7.5%.
And the basis dropped from around 2% to 0.6%. At the end, we said:
“The key question is: what is the follow-through? If the price stays...
On Monday, the dollar rose from 1.16 grams silver, to 1.26g.
Conventional monetary thinkers believe that the dollar can be measured either in terms of the euro, pound, yuan, etc. Or in terms of consumer prices.
But these are not units of...
It was quite the cast of interesting characters: one of them began fighting for legal gold ownership back in 1972, one was influenced by Ronald Reagan's unfulfilled campaign promise to return to the gold standard, and one was a long-time...
This interview between Kerry Stevenson of the GAIC & Monetary Metals CEO Keith Weiner is the followup to a recent post, The Dollar Cancer and the Gold Cure. Stevenson is the Founder of the Gold and Alternative Investments Conference coming up...
Leading up to November's Gold and Alternative Investments Conference, Event Founder Kerry Stevenson picked Keith Weiner's brain on the following topics:
What is fiat currency and why is it bound to fail?
The decline of dollar purchasing power
Money...
When someone asks what the price of gold is, the answer depends on which gold market he means.
In most cases, the different gold markets are close enough that the minor differences are insignificant. TV news anchors just want to know...
These are exciting times for gold & silver ETFs.
Bloomberg reported this week that metal-backed ETFs accumulated more than $50 billion of bullion this year. And Nasdaq shows that iShares Silver Trust (SLV) has experienced a $188.2 million dollar inflow over...
It must be Monday, because the price of silver skyrocketed.
From $26.10, it shot up to $27.50, or +5.4%. The last time we wrote about silver was after its crash to $25. Silver is now priced 10% above that low point.
But...
On Monday, the price of silver continued its epic skyrocket. We say this without hyperbole, this kind of price action does not happen every day. Or every year. It occurs perhaps once a decade. And the same can be said...
And, *bam!* Just like that, silver sells for $29.
It seems so simple, so obvious, so black-and-white. Seeing the price chart in recent weeks, you wouldn’t know that silver speculators have been waiting for this moment since March, 2013 (when silver...
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