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| Bullion Vault |
| Gold and Silver Trading Down to New Euro Lows as ECB Cuts 42 Words on QE |
| GOLD and SILVER TRADING in London's wholesale bullion market saw prices hold firm in everything but the single Euro currency on Thursday as the European Central Bank dropped a commitment to boost its QE stimulus if the economic or financial outlook worsens.
Platinum prices also fell hard against the Euro as the ECB cut
42 words first used in March 2016 from its monetary policy statement.
Friday, March 9, 2018 |
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| Bullion Vault |
| Gold Prices Steady from Powell's Fed Rate Forecast, Platinum Up 6 for 2018 Despite 'Death Knell for Diesel' |
| GOLD PRICES steadied at multi-week lows on Wednesday as the Dollar paused its gains but world stock markets followed Wall Street lower after new Federal Reserve chair Jerome Powell told US lawmakers to expect further interest rate hikes.
Extending its sharpest 1-week drop of 2018 to date, gold fell another $20 per ounce between Tuesday morning and the end of London trade yesterday, bouncing off a 2-week low of $1314 overnight.
Thursday, March 1, 2018 |
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 | Mish - Global Economic Analysis |
| VW Conducted Illegal Exhaust-Gas Experiments on Humans and Monkeys |
| The German car industry faces another round of scrutiny on reports it conducted illegal experiments on humans and monkey
In 2014 the New York Times reported that monkeys had been detained for four hours in rooms with exhaust gases from a VW Beetle equipped with manipulated exhaust technology.
We now learn that VW conducted tests on humans as well.
Inexcusable Tests
Der Spiegel comments on "Absurd and Inexcusable" Exhaust Gas Tests on Humans and Monkeys.
Not only monkeys, but also people were aWednesday, January 31, 2018 |
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| SRSrocco - SRSRocco Report |
| The Market Underestimates The Tremendous Energy Consumption By The Gold Mining Industry |
| While the gold mining industry reports energy as only 15-20% of its total production costs, the total amount consumed by the industry is much higher. The market underestimates the amount of energy consumed by the gold mining industry because of the way it is listed in their financial statements. Thus, it takes a great deal more energy to produce gold than the market realizes.Due to the complex supply chain system that we depend upon, most of the energy that is consumed in the production of gooThursday, January 25, 2018 |
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 | Mickey Fulp - Mercenary Geologist |
 The 48-Year Record of Pt:Pd Ratios |
| A Monday Morning Musing from Mickey the Mercenary GeologistContact@MercenaryGeologist.comJanuary 15, 2018Price ratios determine relative value of the precious metals and are useful parameters in deciding which metal to buy at any given time.In previous musings, I documented the history of gold and silver prices and gold-silver ratios from the United States’ abandonment of the gold standard in August 1971 to present (Mercenary Musing, May 9, 2016) and followed with a similar treatment for platinuThursday, January 18, 2018 |
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| SRSrocco - SRSRocco Report |
| U.S. Gold Market Switches From A Surplus In 2016 To Deficit In 2017 |
| The U.S. gold market suffered a net deficit this year compared to a small surplus in 2016. This was quite interesting because U.S. physical gold demand will be down considerably this year. In 2016, total U.S. gold demand was 212 metric tons versus an estimated 150 metric tons this year. The majority of the decline in U.S. gold demand is from the physical bar and coin sector that is down 56% in the first three quarters of 2017 compared to the same period last year.So, why will the U.S. gold maSunday, January 7, 2018 |
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| Bullion Vault |
| Gold Prices Set 16-Week Closing High vs. Jobs-Data Hit Dollar, GLD Shrinks |
| GOLD PRICES rose back above $1320 per ounce versus the falling Dollar in London's wholesale trade on Friday, heading for the highest weekly close in 16 after new data said the United States added far fewer jobs than analysts expected last month.
The official
non-farm payrolls estimate also put average annual wage growth in December at 2.5%, unchanged from November's pace when inflation was seen at 2.2%.
Friday, January 5, 2018 |
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 | Dave Kranzler - Sprott Money |
| Toxicity Plus Toxicity Does Not Equal Purification - Dave Kranzler |
| Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked, ‘Account overdrawn.’ – Francisco’s “Money” Speech – from “Atlas Shrugged”
You have to love it – the City of Houston issues $1.01 billion “pension obligation” bonds to “ease” the underfunding of the underfunded public pension fund. “Pension underfunding” is the politically acceptable euphemism for “debt obligation.” Underfunding occurs when aThursday, January 4, 2018 |
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 | Mark O'Byrne - gold.ie |
| Palladium Prices Surge To New Record High Over $1,100 On Supply Crunch Concerns |
| – Palladium prices surge to new record high over $1,100/oz today
– Palladium surges past record nominal price seen in 2001 after 55% surge in 2017– Best-performing precious metal and commodity of 2017 is palladium
– Palladium prices top platinum prices for first time in 16 years– Strong Chinese car demand and switch from diesel to petrol cars sees demand surge– Supply crunch as six year supply deficit & 2017 deficit expected to hit 83,000 ounces
– Palladium supply crunch to intensify if world’s Thursday, January 4, 2018 |
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 | Keith Weiner - Monetary Metals |
| The Bitcoin Effect |
| Merry Christmas to our American friends. Happy Christmas to the rest of the Anglosphere. Felicem natalem Christi to our Latin-speaking audience, and góðr jól to those who are reviving Old Norse as a great language!
Let’s address two themes about the gold price trend that are increasingly in popularity the past few months—as the price of gold has been falling. Blame bitcoin. And blame rising interest rates.
There is no direct mechanism—no arbitrage—that pushes up bitcoin and down gold. As there iTuesday, December 26, 2017 |
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| Bullion Vault |
| Platinum Price Jumps After Hedge Funds Go Short, Gold 'Depressed' by Trump Tax and Bitcoin |
| GOLD PRICES edged higher against a falling US Dollar on Monday morning in London as world stock markets rose to fresh all-time highs, writes Steffen Grosshauser at BullionVault.
Silver tracked gold prices, also dropping against the Euro and British Pound, while platinum jumped.
Primarily used in catalysts to clean diesel engine emissions, platinum added 1.5% in Dollar terms –nearing $907 per ounMonday, December 18, 2017 |
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 | Mac Slavo - ShtfPlan |
| Democrats Want To BAN Gas And Diesel Cars By 2040 To Make California More Like China |
| One California lawmaker is seeking to have the state ban all vehicles powered by fossil fuels by the year 2040. Should the bill succeed in becoming a law, the state of California would not allow residents to register any vehicle that emits carbon dioxide.
According to Bloomberg, California Assemblymember Phil Ting, a Democrat who is chairman of the chamber’s budget committee, said he plans to introduce a bill that, starting in 2040, would allow the state’s motor vehicles department to register Wednesday, December 6, 2017 |
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 | The Gold Report |
| Why the Commodity Supercycle Is Favoring Investors Right Now |
| Precious, base and energy metals are all benefiting from the commodity supercycle, says Louis James, editor of International Speculator, who also discusses his Golden Runway theory of price appreciation and talks about a handful of companies that he believes are on the rise.
The Gold Report: Louis, would you talk about the commodity supercycle and where you see it at this point?
Louis James: The data continue to support the commodity supercycle hypothesWednesday, November 22, 2017 |
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 | Adrian Ash - Bullion Vault |
 Brexit, Gold and Harold Wilson's 'Pound in Your Pocket', 50 Years On |
| How the 1967 devaluation of Sterling killed the Gold Standard...
THIS WEEKEND will mark 50 years since Harold Wilson's infamous devaluation of Sterling,
writes Adrian Ash at BullionVault.
Hoping to cut the trade deficit by making imports dearer and exports cheaper, the Labour prime minister claimed that the "Pound in your pocket" hadn't been devalued, only its internatioSaturday, November 18, 2017 |
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 | Oilprice.com - oilprice.com |
| Don’t Expect Palladium Prices to Plunge |
| Over the past month, there has been a deluge of news heralding a new era of palladium, which has soared above the $1000 per ounce mark for the first time in the past 16 years. Moreover, palladium also overtook platinum and is still being traded at a premium to it. The overwhelming majority (78 percent) of the world’s palladium is used in gasoline-fueled cars’ catalytic converters, with minor volumes going into electronic resistor production and dental construction. A plethora of factors has beenThursday, November 9, 2017 |
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| Mark O'Byrne - gold.ie |
| Platinum Bullion ‘May Be One Of The Only Cheap Assets Out There’ |
| Platinum “may be one of the cheap assets out there” and “is cheap when compared with stocks or bonds” according to Dominic Frisby writing in the UK’s best selling financial publication Money Week.
Platinum Bullion in USD (15 years)
Frisby writing in Money Week laments the total absence of value in today’s markets. He then identifies an asset that is both cheap (on a relative basis) and is valuable and the article is well worth a read:
The value investor’s lament – where have all the cheap assetsWednesday, November 8, 2017 |
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| Oilprice.com - oilprice.com |
| Supermajors Square Off For The Top Spot In Oil |
| Brent’s close to $65 a barrel and WTI is climbing closer and closer to $60—and analysts are rushing to make bullish forecasts for the fourth quarter of the year. Big Oil is preparing for an even better three-month period than Q3, when all supermajors beat profit expectations. Two of them stand out: Exxon and Shell.
It’s no secret that Shell has ambitions to overtake Exxon as the world’s number-one oil company in terms of value. It’s actually on track to beat Exxon on cash flow from operations foWednesday, November 8, 2017 |
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| Bullion Vault |
| Gold Prices Rally Near 3-Month Lows Amid Saudi Purge and Yemen Attack |
| GOLD PRICES rose in all major currencies outside a rallying British Pound on Monday, gaining as crude oil hit 2-year highs amid political turmoil and violence in the Middle East.
Gold prices rallied back to $1272 per ounce as oil futures rose to their highest Dollar price since mid-2015, breaching $62 per barrel of Brent crude after the
weekend's "purge" and detention by new crown prince Mohammed Bin Salman of numerous Saudi princesMonday, November 6, 2017 |
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| Sprott Money |
| David Morgan: Platinum, Palladium, or Rhodium - Maurice Jackson |
| David Morgan of the Morgan Report sits downs with Maurice Jackson of Proven and Probable
to discuss anomalies currently in the Precious Metals sector.
Specifically, we will be discussing Platinum, Palladium, and Rhodium.
David will uncover the supply and demand fundamentals on mining, cost of
production, utility, and ratios. Speculators will find some unique
opportunities that these anomalies are creating. In addition, Mr.
Morgan will address his thoughts on crypto-currencies. Are theSunday, October 22, 2017 |
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 | Maurice Jackson - Sprott Money |
| David Morgan: Platinum, Palladium, or Rhodium - Maurice Jackson (20/10/2017) |
| David Morgan of the Morgan Report sits downs with Maurice Jackson of Proven and Probable
to discuss anomalies currently in the Precious Metals sector.
Specifically, we will be discussing Platinum, Palladium, and Rhodium.
David will uncover the supply and demand fundamentals on mining, cost of
production, utility, and ratios. Speculators will find some unique
opportunities that these anomalies are creating. In addition, Mr.
Morgan will address his thoughts on crypto-currencies. Are theFriday, October 20, 2017 |
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