Bear Stearns Déjà vu?

Bear Stearns Déjà vu?

Having traded as high as $1691 in COMEX April gold and $18.92 in March silver on Monday on near-record volume and closing not far from those levels as of the 1:30 PM EST settlements, prices sold off sharply in the always thinly-traded afterhours. As expected, the all...
How Gold Is Manipulated

How Gold Is Manipulated

Is there gold price manipulation going on? Absolutely. There’s no question about it. That’s not just an opinion. There is hard statistical evidence to make the case, in addition to anecdotal evidence and forensic evidence. The evidence is very clear, in fact. I’ve...
Who Drives The Bus? UK Gold Import 996t In 2019

Who Drives The Bus? UK Gold Import 996t In 2019

The UK net imported 996 tonnes in 2019, according to data published by Eurostat. Contrary to what investors often assume, the price of gold is not determined by consumer demand such as jewelry or coins. What drives the gold price is institutional (supply and)...
A Look At COMEX Palladium

A Look At COMEX Palladium

As you know, we’ve been following the palladium story for over two years now. It is very important to understand that this is NOT a speculative, COMEX story. Instead, this is a physical supply story that emanates from London. To that end, today let’s review the COMEX...