One of the biggest risks to the silver price suppression scheme has always been if some of the banks get scared and try to start covering their positions. And shockingly, now even that has begun to occur. As the latest COT report from last week shows that while prices rose, the banks actually started covering …
Gold & Silver Shorts Buy Back Positions At A Loss Read More »
Both Goldman Sachs and J.P. Morgan had well-publicized reports this week talking about why gold is overpriced at $2,000 per ounce. Yet on the COMEX August gold delivery report, both banks amazingly show up as the biggest buyers! Fortunately, Dave Kranzler of Investment Research Dynamics joined me on the show to talk about the discrepancy, …
Goldman & JPM Trash Gold, But Take Delivery On COMEX Read More »
After seeing record gold and silver deliveries on the COMEX in recent months, the market has been eagerly awaiting the August gold deliveries. And sure enough, it was another big number, as 32.732 contracts were delivered on the first day alone. At this point, unless the data is completely fraudulent, it’s safe to say a …
Gold Price Rises As 32,732 Gold Contracts Are Delivered Read More »
Even despite the recent run-up in price, investors continue to buy silver. They’re buying silver in the ETFs like SLV, and precious metals dealer Andy Schectman of Miles Franklin reports that his customers are doing the same with physical. To find out why, click to watch the video now! Chris Marcus August 3, 2020 …
Andy Schectman: Silver Supply Is Getting Tight Again Read More »
There was an interesting report from Goldman Sachs, advising that people not hold gold in their portfolio. Because according to one of their portfolio managers, gold’s only good if the dollar is being debased. Although isn’t that exactly what’s happening? With the Federal Reserve running an unending quantitative easing campaign? So should you take the …
Gold’s Only Good If The Dollar’s Debased: Goldman Sachs Read More »
With gold and silver rallying, the warnings are coming from everywhere. Including the Wall Street Journal. Is this a lot of hot money coming into the sector? Or is the rally justified? To find out, click to watch the video now! Chris Marcus July 30, 2020 – If You Liked This Post Get …
While you hear a lot about the big mining companies that are digging up gold and silver, one aspect that is rarely focused on is all of the local artisanal gold miners who are still doing things by hand. Who could be mining a lot more gold, in much better conditions, while doing much less …
GoldFinX: Getting Artisanal Gold Miners Better Tools & Equipment Read More »
On Monday, criminal enterprise J.P. Morgan published a rather bizarre report titled “Gold Price To Lose Luster Near $2,000.” The report was bizarre, not because the title is completely out of the realm of possibility, but rather in that the bank’s explanation made little sense. Additionally, it’s ironic in how right as the gold price …
J.P. Morgan: “Gold Price To Lose Luster Near $2,000” Read More »
For years we have heard about the manipulative short position that the bullion banks hold on gold and silver. And while some have wondered if it will ever end, keep in mind that when these banks are short, they’re losing money when the price goes up. Which certainly appeared to be the case this past …
Dave Kranzler: Gold & Silver Shorts Just Took A Beating Read More »
Sometimes when people find out what’s been happening in the silver market, it’s almost too unbelievable for them to accept. Which frankly I understand, as it’s been the most fascinating financial topic I’ve ever studied. Fortunately, I was invited onto Bob Unger’s podcast earlier this week, where we talked about the silver market, why the …