So, if the listed short position in LME nickel of 1.2% of world nickel production contributed mightily to the effective default in that market, what would a listed short position of ten times that amount imply for COMEX silver?
Nations with “most-hated” status may fear US sanctions, but they fear euro sanctions just as much, and all other currencies have a long way to go to get to where they are able to handle the role of global trade currency or to where they will be trusted to handle the role.
If you're worried that Powell & Co. will keep raising rates higher and higher until inflation has been 'tamed,' the good news is that these charlatans will never get the chance.
Besides copper, nickel and zinc, the markets for other electrification and decarbonization metals look equally bullish. The price of lithium is up more than 400%...
The precious metals expert explains how Russia’s attempts at bypassing recent sanctions could trigger huge arbitrage opportunities, bolstering the Ruble’s value in the process.
Right now, my economic forecast is we are entering an inflationary recession or “stagflation” period. I believe it will result in a bear market, as all recessions do.
There has been a lot of buzz in the gold community surrounded Russia’s decision to price gold in rubles regarding the creation of a “Russian gold put”, a floor in gold prices, similar to the Greenspan...