Longtime precious metals observers know that positions in COMEX gold always ebb and flow with price and position extremes often mark price highs and lows. This "washing" of the Commitment of Traders report is something we should discuss this week.
You take the blue pill and you are a happy idiot, gainfully making coin until the music stops and you become a victim of your own lethargy. You take the red pill and..
Should American Independence Day be renamed Fiat Dependence Day? The US nation stays relatively intact only so long as the lifeblood fiat being printed and borrowed does not create hyperinflation.
While the Fed’s current tightening is not exactly a well-kept secret, stock and bond markets seem willing to ignore what the Fed’s left hand is taking away as the right hand is giving.
Just as the world was confronted with the “new thing” of freedom of the press 230 years ago, we are now confronted with a small group of companies responsible for a great deal of human interaction. That wasn’t the plan, but it’s been the result.
By signing legislation last night, Governor Mike DeWine has officially ended Ohio’s sales taxation of gold, silver, platinum, and palladium bullion and coins.
I’m willing to bet that many market participants would be surprised to see that silver has not been hammered lower like gold and the mining stocks. While the entire precious metals sector is starting to convey bullish signs, silver in particular is potentially explosive.
Copper is utilized in so many industries, such as construction, transportation, and telecommunications, it has become a leading indicator of economic growth.