CloseGain/LossGold $1215.00-$7.50Silver$14.14-$0.11XAU63.55-1.82%HUI143.71-1.99%GDM526.50-1.91%JSE Gold1105.78-21.46USD97.36+0.31Euro112.95-0.39Yen88.02-0.12Oil$51.56-$0.0710-Year3.053%-0.014T-Bond139.90625+0.125Dow24748.73+0.44%Nasdaq7082.70+0.01%S&P2682.20+0.33%  The Metals: Gold edged up to $1225.20 by a little after 8AM EST before it fell back to $1212.00 in early afte...Read More

The argument over whether we're in for global warming or global cooling and whether what's coming is natural or human-made is fun but totally irrelevant from a financial perspective. The fact is that for whatever reason and in whatever direction, the climate is getting more aggressive. Monster snowstorms and apocalyptic fires are clearly becoming more common: Combine the rising number of bad thi...Read More

Graceland UpdatesBy Stewart Thomson 1. The next Fed meet (and rate hike) is December 19, and just weeks after that, US president Donald "The Golden Trumpster" Trump may be set to unleash a new round of inflationary and growth-crushing tariffs.2. It's not easy (to put it mildly) for American business to create new factories to replace the products made by highly productive Chinese fa...Read More

Dear Friend of GATA and Gold:The TF Metal Report's Craig Hemke, writing today at Sprott Money, does the math on the last year's worth of the use of the "exchange for physicals" mechanism of settling gold futures contracts on the New York Commodities Exchange. Hemke calculates that nearly 2.4 million Comex gold contracts have been settled this way since last November, totaling 7,442 tonnes of gol...Read More

By Craig HemkeIt has now been one full year since we began to monitor the daily totals of COMEX EFPs. The total amount of gold allegedly "exchanged for physical" over the past twelve months will astound you. Again, at Eric Sprott's urging, last November 24 we began to tabulate the daily reported EFPs in COMEX gold. We've since written about this ongoing sham on three occasions, with all three li...Read More

By Avi Gilburt First published Sat Nov 24 for members: Since I put out my last update on Thursday morning, I cannot say much has really changed. So, I am going to re-print my update here, and add a few new comments below:I am still struggling between the charts that still seem like they want run high (silver and ABX), and the others who are now hitting their resistances and can turn down....Read More

The new Alchemist is out. What can we learn from the latest publication of the LBMA? We invite you to read our today's article and find out! Banque de France and Gold The latest edition of LBMA's Alchemist focuses on the role of central banks in the gold market. Sylvie Goulard, Deputy Governor of Banque de France, wrote the first article, entitled Banque de France and Gold: Past and Future. Ac...Read More

In an article titled "China's monetary policy must change" Alasdair Macleod discusses a path that China's government could take to make the Yuan gold-backed and thus bring about greater economic stability in China. Keith Weiner pointed out some flaws in the Macleod article, including the fact that the sort of Gold Standard that involves pegging a national currency to gold is just another governm...Read More

By Dave KranzlerWill GE be the proverbial "black swan?" - It had come to my attention that General Electric was locked out of the commercial paper market three weeks ago after Moody's downgraded GE's short term credit rating to a ratings level (P-2) that prevents prime money market funds from investing in commercial paper. Commercial paper (CP) is an important source of short term, low-cost, liq...Read More

Expect MUCH lower prices ahead By Adam TaggartAs we've been tracking here at PeakProsperity.com, the housing market is starting to look quite ill.After the central bank-driven Grand Reflation following the Great Financial Crisis, home prices are now beginning to nose over from their new bubble-highs.Has the Housing Bust 2.0 begun? If so, how bad could things get? And what steps should those lo...Read More

by John Mauldin via Forbes.comA Worldwide Debt Default Is A Real PossibilityIs debt good or bad? The answer is "Yes."Debt is future spending pulled forward in time. It lets you buy something now for which you otherwise don't have cash yet.Whether it's wise or not depends on what you buy. Debt to educate yourself so you can get a better job may be a good idea. Borrowing money to finance your vac...Read More

Most investors are cautious. Nothing is rising, be it stocks, commodities or bonds. Sitting on cash is the favorite pastime of traders and investors. There will be short term certain direction after the G20 meeting and US November nonfarm payrolls on 7th December. It is just keeping a hawk eye and making the right investment. Do invest with the herd. Herd trading can result in more losses than p...Read More

 CloseGain/LossGold $1215.00-$7.50Silver$14.14-$0.11XAU63.55-1.82%HUI143.71-1.99%GDM526.50-1.91%JSE Gold1105.78-21.46USD97.36+0.31Euro112.95-0.39Yen88.02-0.12Oil$51.56-$0.0710-Year3.053%-0.014T-Bond139.90625+0.125Dow24748.73+0.44%Nasdaq7082.70+0.01%S&P2682.20+0.33%  The Metals: Gold edged up to $1225.20 by a little after 8AM EST before it fell back to $1212.00 in early afte...Read More

Ted explains why the latest JP Morgan silver scandal is very serious, and he also explains why JP Morgan may be turning over a new leaf...by Ted Butler via SilverSeekA few follow up comments about the still rather remarkable announcement by the Department of Justice concerning the guilty plea by the former JPMorgan trader for spoofing in precious metals. Contained in the announcement was the sta...Read More

"...the joy and steadfast political support of the millions of Americans who have purchased these silver ounces, when you announce that..."by Hugo Salinas Price of Plata.com.mxMr. President Trump,Sir: you are working tirelessly, against tremendous odds, to carry out your mission in life, which is to "Make America Great Again".I propose to you a measure fully in accord with your vision of a great,...Read More

Michael says any way you cut it, gold & silver are going to rally, and they're going to rally hard...broken clock be damned. Here's why...by Michael Ballanger via Streetwise Reports"Even a broken clock is right twice a day."?EURo Stephen Hunt, The Court of the AirThere are times when every investor has to look long and deep into a mirror and determine whether a well-thought-out strategy is actio...Read More

Peter KrauthAfter a rough week for stocks and the Thanksgiving holiday, the price of silver remains one of the best deals around.Of course, additional discounts may still lie ahead, but silver's inherent value at current prices is difficult to beat – no Cyber Monday promos required.Silver prices had a good week last week, but they backpedaled on Black Friday (as did stocks) while the U.S. do...Read More

RAPAPORT... Christie's brought in $60.4 million at its MagnificentJewels auction in Hong Kong Tuesday as a sapphire necklace went for $15million. The Peacock Necklace, which had a presale estimate of $12million to $15 million, became the most expensive Kashmir sapphire necklace percarat in auction history, Christie's said. The piece contains 21 cushion-cutKashmir sapphires weighing a total of...Read More

RAPAPORT... India's Renaissance Jewellery (RJL) has acquired Jay Gems, aUS-based supplier of Disney-themed jewelry, for $26 million. The move expands the Mumbai-based company'spresence in the US, Jay Gems said Monday. RJL will gain access to Jay's three subsidiaries:Jewelmark, a manufacturer that focuses on bridal and fine jewelry for specialtystores; Simply Diamonds, which caters to independ...Read More

RAPAPORT... Kering, the owner of Gucci, Boucheron and Pomellato, plans to end its seven-year partnership with luxuryplatform Yoox Net-A-Porter (YNAP), and bring its e-commerce activitiesin-house. The Paris-based retailer, which has worked with YNAP since2013, will move all its sales to a new website in the first half of 2020, itsaid Monday. It's in the process of building that platform, it ad...Read More