Reddit’s Wall Street Silver is quite an interesting place to be right now. On a short-term basis, silver has been discovered and re-discovered by a wide range of investors, sell-side marketing groups, and buy-side retail and institutional investors. Some fund managers and investors are liquidating their short to intermediate-term gold positions and buying silver instead, assuming gold may take a breather in its upward march while silver will play catch up.
The Silver Institute is the silver industry’s principal voice in expanding public awareness of the importance of silver to modern society. Among its mandates is to provide the global market with reliable statistics and information on silver, and to create and execute programs that help drive silver demand. For more information on silver and the Silver Institute, please visit www.
Why To Hold Physical?16.02.2021
There are over 500 hundred derivatives trading for every single ounce of silver pulled out of the ground. Nowadays we have bloated debt in every segment of society. The US dollar, the world reserve currency, is vulnerable. For the first time in Fed’s history, the chairman Jay Powell is publicly stating that the Fed is stimulating inflation. We have all of this with a silver market that is incredibly small.
A one-quarter-ounce silver bullion coin made by the U.K.'s Royal Mint in 2013. We can agree that silver is useful. It was one of the first five metals used by humans (the others being gold, copper, lead, and iron), and readers in North America will be familiar with silver’s monetary and industrial applications. The latter are shaped by silver being the most reflective metal, and it having the highest electrical conductivity of any element and the greatest thermal conductivity of any metal.
Too Big to Fail or Too Small to Bail?03.02.2021
What goes up but never comes down? Lehman Brothers filed for bankruptcy on September 15, 2008. Hundreds of employees, mostly dressed in business suits, left the bank's offices one by one with boxes in their hands. It was a somber reminder that nothing is forever—even in the richness of the financial and investment world. At the time of its collapse, Lehman was the fourth-largest investment bank in the United States with 25,000 employees worldwide.
Although a change in the U.S. government is unlikely to ease tensions between Washington and Beijing, says CPM Group vice-president of research Rohit Savant, incoming president Biden’s approach to negotiations with China could impact the status of gold and silver under the current administration. “Hostilities between the U.S. and China will remain irrespective of who is in the White House,” he told The Northern Miner in an email.
The World Platinum Investment Council is extremely bullish for 2021. The World Platinum Investment Council (WPIC) released a report with a bullish view of the platinum market in 2021. The WPIC is bullish on the basis of stronger investment demand and restricted production in South Africa. Platinum in deficit The WPIC is predicting a record deficit of 1.
NO LONGER A FREE MARKET?12.01.2021
President Richard Nixon was a master of disguise. On Sunday evening August 15th, 1971 President Richard Nixon officially devalued the savings and earning power of every American citizen. It took only 18 minutes. Almost no one noticed. Of course, they heard the speech. It aired live on every major radio and television station in the country.
WHAT IS THE REAL MONEY?04.01.2021
‘GOLD IS THE MONEY OF KINGS, SILVER IS THE MONEY OF GENTLEMEN, BARTER IS THE MONEY OF PEASANTS – BUT DEBT IS THE MONEY OF SLAVES.’ – Norm Franz To be called money a monetary instrument needs to satisfy a couple of requirements. First, it has to function as a medium of exchange. This means people will readily accept it as payment for goods and services.
With proper treatment, you can get rid of these little devils in less than a minute. If you are an experienced stacker you already met them. If you are new to the game better be prepared. Holding physical silver is always the best option. Right now in terms of paper claims we are up to numbers as big as 500 paper claims for each physical ounce of silver.
JPMorgan Chase & Co. Agrees To Pay $920 Million in Connection with Schemes to Defraud Precious Metals and U.S. Treasuries Markets07.12.2020
With a lot of sharks out there trying to take a bite of something holding physical is always a great idea. JPMorgan Chase & Co. (JPMorgan), a New York-based global banking and financial services firm, has entered into a resolution with the Department of Justice of the United States to resolve criminal charges related to two distinct schemes to defraud: the first involving tens of thousands of episodes of unlawful trading in the markets for precious metals futures contracts, and the second involving thousands of episodes of unlawful trading in the markets for U.
Student debt boom Sandy Nurse doesn’t see why she needs to be $120,000 in debt “just for trying to improve my understanding of the world.” And so, after a decade of struggling to repay her student loans, she plans to stop trying. She hopes others will join her, too, in a national strike against the USA’s outstanding student loan debt, which is marching toward $1.
The modern-day Merlin pulls out the QE Infinity spell from his pocket. In September 2019, the Federal Reserve began conducting its fourth quantitative easing operation since the 2008 financial crisis; on 15 March 2020, it announced approximately $700 billion in new quantitative easing via asset purchases to support US liquidity in response to the COVID-19 pandemic.
The precious metals are simple. This is the only asset class that doesn’t depend on something else for its value. Stocks depend on a company’s profit, at least that’s how it was supposed to be. Bonds depend on a coupon payment. Apartments need rent-paying tenants. The precious metals need nothing.
WHEN PORN STARS BECAME STOCK PIТCHERS?12.11.2020
The famous urban legend goes that it was the winter of 1928 when JFK’s father, Joe Kennedy, was said to have received a stock tip from a shoeshine boy – ‘Buy Zeppelin’. The story goes that Joe went straight to his office and sold everything, reasoning that it must be time to sell when the shoeshine boy gives you stock tips. This is how a prosperous tech stock burns to the ground.
AUSTERITY IS NOW A DIRTY WORD03.11.2020
In his last appearance from Jackson Hole the Fed chairman Jerome Powell has delivered a brand new approach to monetary policy for the central bank: it will tolerate inflation rising above 2 % for ‘short periods of time’. This means the Fed will likely be more comfortable keeping its extraordinary stimulus measures in place for longer as it waits for the labor market to heat up and the economy to recover.
YOUR GOLD OR YOUR LIFE!19.10.2020
Mr. Smith was a big believer in the sound money. In 1776 an inspiring Scottish intellectual came up with what appears to be one of the most influential economic books in the history of Mankind. The Wealth of Nations became a stepping stone for modern economics. In his monumental work, Adam Smith really insightful and way ahead of his time explained now widely accepted concepts such as supply and demand, ‘the invisible hand’ (aka the free market), the theory of money and banking, etc.
IS THE NEW BULL COMING?12.10.2020
Will the Precious Metals be the Greatest Bull Market of our lifetime? Summary US equities today trade at truly record valuations, a full-blown mania. Some asset bubbles are already bursting. The precious metals mining industry is the one clear industry to directly benefit from this monetary and fiscal indulgence. The lack of investment in exploration and new gold and silver discoveries is setting up an incredibly bullish scenario for metals.
ARE WE HEADED TOWARD APOCALYPSE?29.09.2020
The Great Depression, ca. 1929 Nothing goes only upwards. At least that is what the popular economic theory and the real-life teach us. The markets go up and down and this is how it is supposed to be. Not anymore! If you trace history back to the ancient Roman Empire you will see that there are plenty of recessions down the road. Like forest fires, they wipe out bad businesses and punish careless investors making space for new profitable enterprises.
PUT YOUR MONEY WHERE YOUR MOUTH IS!18.09.2020
Warren Buffet is bullish on gold. As the old saying goes, “put your money where your mouth is”. It is hard to think of a more common cliché yet bulletproofed for years to come. For a couple of decades, the famous investment guru and one of the richest people on the face of the Earth Mr. Warren Buffet was one of the biggest gold critics. With his expertise and influential performance on the markets, he has been de facto the leader of the anti-precious metals investing crowd.
Most probably Silver will outperform the Gold in the upcoming Bull Market. This morning, on the 9th of September, 2020, spot gold opened at $1,928.10 an ounce in Europe while spot silver opened at $26.60 an ounce. In essence, the market thinks that gold is approximately 72.5 times more valuable than silver.