By: Larry LaBorde When considering the space requirements of $1,000,000, the first question is in what form? I will try to illustrate the volume and weight of $1 million dollars in three forms: $100 bills, gold eagle coins and silver eagle coins. I have had some customers surprised by the volume of metals they have ordered when it arrives. Some have been overwhelmed (usually with silver)...Read More

By: Gary Savage After 2013, we started see these huge pre-market dumps in gold. Banks playing the markets with massive contract dumps on the markets, in five minutes or less, usually in the pre-market where that contract volume size will start to..Read More

Keith Weiner, Monetary MetalsThe basic idea behind the Quantity Theory of Money could be stated as: too much money supply is chasing too little goods supply, so prices rise. We have debunked this from several angles. For example, we can use a technique that every first year student in physics is expected to know. Dimensional analysis looks at the units on both sides of an equation.Money supply...Read More

Dear Friend of GATA and Gold:Our friend J.D. writes today:"I write regarding the interesting response you received from Shawn Elizabeth Phillips, corporate secretary at the Federal Reserve Bank of New York, by e-mail dated November 13, 2019:http://www.gata.org/node/19583"The New York Fed's response points to purported Dodd-Frank law rules prohibiting disclosing for two years of the identities of...Read More

The next two weeks are big global economic data days and central banks meetings (including FOMC). Eastern European central banks have started increasing gold reserves. Those central banks whose gold have been stored in vaults in UK have started to repatriate their gold or have given their intention to take back their gold. But bank of England is not giving gold to South American nations. This wi...Read More

The 62% Fe iron ore market trended lower in November, with prices falling 5.5% month on month, while the 65% price fell 1% from October. Traded volumes in the 65% Fe derivatives contract on the Singapore Exchange, which is settled against Fastmarkets' daily 65% Fe iron ore index, were 2.27 million tonnes in November, the second-highest total since its launch in December 2018. Open interest on Nove...Read More

George Gammon is one of the most articulate YouTubers out there. George believes that the world is insolvent, especially the United States. The US has been paying interest on interest for decades. There's a limitation to how much money can be printed. Inflation has greatly diminished the purchasing power of the dollar and the worst is yet to come.Read More

Ever been curious about how Mike Maloney got his start in the gold industry? As Mike says at the very beginning of his new video with Ronnie Stoeferle of Incrementum, "This is the chart that started my career in precious metals."Listen to Mike tell the story of a chart he gave to Robert Kiyosaki at a conference, which Robert shared with his audience that day. It ultimately led to Mike writing a bo...Read More

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A video out of China shows a man being interrogated by authorities while handcuffed to a metal chair for the crime of criticizing the police onlineContinue...Read More

The 50-year US war on drugs has been a total failure, with hundreds of billions of dollars flushed down the drain and our civil liberties whittled away fighting a war that cannot be won. The 20 year "war on terror" has likewise been a gigantic US government disaster: hundreds of billions wasted, civil liberties scorched, and a world far more dangerous than when this war was launched after 9/11.So...Read More

Two potential trajectories for the U.S. Dollar IndexWhy Brent thinks stocks still have higher to go, even from these lofty levelsChina, trade deal, and currency rate component of the trade dealCanadian Interest RatesGold outlookRead More

As life is becoming unaffordable for these Americans, official inflation data artfully papers over it. This arcane device impacts investments, Social Security benefits, and inflation-adjusted data, such as "real wages" & "real GDP."Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds...Read More

Full transcript at: http://financialrepressionauthority.c...Read More

"The USTR is focused on countering the growing protectionism of EU member states, which unfairly targets U.S. companies, whether through digital services taxes or other efforts Continue...Read More

This is the fourth straight month of contraction in one of President Trump's favorite sectors of the economy. Continue...Read More

Following the latest dismal ISM data which sent US equity markets tumbling, traders were on the prowl for any hints what the US may do over the next major catalyst in the US tradeContinue...Read More

The current bull cycle for gold prices is still in progress, and it's only a matter of time before price levels for the yellow metal hit $2,000 an ounce, this according to Sean Boyd, CEO of Agnico Eagle."We're still in that bull market that started in 2015. This is just the initial phase," Boyd told Kitco News. "We think in this cycle gold will hit a new high in U.S. dollars. Ultimately, we'll get...Read More

Domestic ship scrap prices in Turkey increased over the past week in line with rising imported scrap values, sources said on Monday December 2.One steel mill in the Izmir region raised its buy price for ship scrap by $10 per tonne to $275 per tonne delivered, while three fellow mills were buying the same material at $270 per tonne.Read More

Here are five Fastmarkets MB stories you might have missed on Monday December 2 that are worth another look.United States President Donald Trump has imposed new tariffs on steel and aluminium imports from Brazil and Argentina, he said on social media platform Twitter on December 2.A major Japanese steel mill plans to raise its hot-rolled coil offers to Asian buyers by $50 per tonne on a cfr b...Read More