Harvey, Irma, Jeopardy, and Knox
In less than 30 days two hurricanes cost about one Fort Knox Gold Unit – the value of the gold supposedly stored there. There has been no independent audit since the 1950s....
September 13th, 2017
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In less than 30 days two hurricanes cost about one Fort Knox Gold Unit – the value of the gold supposedly stored there. There has been no independent audit since the 1950s....
September 13th, 2017
The situation in the markets is much worse than you realize. While that may sound like someone who has been crying "wolf" for the past several years, in all honesty, the public has no idea just how d...
September 12th, 2017
The U.S. Dollar Index fell considerably yesterday and is now down below a key support level. In early morning trading yesterday, the U.S. Dollar Index fell to 91.46, down 73 basis points. The dollar ...
September 11th, 2017
Those who paid any attention to the financial press last week saw the following narrative; President Donald Trump betrayed Republicans by cutting a deal with Democrats Nancy Pelosi and Charles Schumer...
September 11th, 2017
The Commodity Futures Trading Commission (CFTC) filed suit against a precious metals dealer last week. The firm is accused of using high-pressure sales tactics while misleading investors about the ris...
September 11th, 2017
"Frustration" no longer adequately describes what reformers in Congress – along with millions of investors and taxpayers who voted for reform – are feeling. For many, hopelessness is beginning to ...
September 7th, 2017
In order to sell the program Modi employed a familiar strategy. He vilified the users of cash as tax cheats and criminals. He promised the measure would punish black marketeers, boost the Indian econo...
September 5th, 2017
The Chinese are preparing to launch an oil futures contract denominated in yuan and redeemable in gold. That is very bad news for the petro-dollar and for U.S. hegemony in the oil trade....
September 5th, 2017
Although, Silver Eagle sales for Jan-Aug 2017 are nearly 50% lower than they were during the same period last year. I believe the biggest factor that hurt Silver Eagle sales was the election of Donal...
September 1st, 2017
Money Metals Exchange is now accepting essays from applicants for its gold-backed scholarship fund for 2017. Funds will be awarded to students who understand that gold is money and are able to clearly...
Money Metals News Service
August 30th, 2017
The Death of the U.S. Dollar as the world's reserve currency will have a profoundly negative impact on the lives of most Americans. Unfortunately, 99% of the population has no clue. The only reason ...
August 30th, 2017
Gold's naysayers and doubters came out in full force earlier this summer as sentiment reached its nadir. The mid-year pullback in prices did, too. There can be no doubt about it now – gold has broke...
August 29th, 2017
According to the most recent report on the U.S. Financial Institutions Derivatives trading activity, the U.S. banks held a record amount of precious metals contracts in the first quarter of 2017. Not ...
August 24th, 2017
In January, 2015, I penned an essay titled China's Global Gold Supply Game of Stones, outlining China's long-range goal to dominate the world's physical gold market. Well, events have moved massivel...
August 23rd, 2017
Investors have been well-trained in complacency. They have spent the past few years watching markets shrug off momentous geopolitical events – each more quickly than the last. Brexit's impact faded ...
August 21st, 2017
Unfortunately for precious metals investors, there continues to be a great deal of misinformation about how much gold there is in the world. The biggest culprit that confuses precious metals investor...
August 21st, 2017
Dollars are created as debt. More dollars in circulation = more debt. More debt means consumption is "pulled forward" from the future so consumption can occur now. This usually ends badly....
August 16th, 2017
While gold demand in the West continues to languish, something has recently motivated renewed interest in the yellow precious metal in Germany and the United Kingdom. Now, when I say "renewed interes...
August 14th, 2017
The U.S. may somehow still find a way to get involved in a nuclear exchange with communists 26 years after the collapse of the Soviet Union – even if it's with a backwater country whose rockets tend...
August 14th, 2017
The Federal Reserve can make or break a president. Monetary policy influences all financial markets as well as the cycles in the economy. No president wants to have to run for re-election when the sto...
August 10th, 2017