The Comex is Running Out of Gold
2.14 million gold ounces was delivered, or taken out of COMEX inventory, on Friday. Some large buyer took physical possession of their 21,400 gold futures contracts. This is the largest one day...
Silver Demand is Exploding Higher
According to the World Silver Survey and Bloomberg Silver is running its 4th consecutive year of supply deficits. Silver mine supply is only 800 mil ounces per year. Demand has been outpacing supply...
Silver Demand From Solar Far Outpaces Silver Supply
World Silver Survey monthly report noted that Silver demand from Solar rose 64% from 118 mil oz in 2022 to 194 mil oz in 2023. Total silver production over the same period was constant at 830 mil...
Zimbabwe Launches Gold Backed Currency
Countries around the globe are rushing to gold to back their failing currencies. The value of the Zimbabwe dollar has declined 99.996% since just 2021. That means something that cost just $1 in 2021...
Silver is Going Mainstream
Mainstream media is picking up on the hype around rising metal prices. He is correct about precious metals miners being volatile with a poor track record. Subscribe to the Golden Portfolio 10X and...
Gold is back, and it has a message for us.
https://www.ft.com/content/bdcb7d8a-e958-4910-9d1b-a6a519812503 It’s not often to see a positive gold article in the traditional media, especially at the Financial Times. The article suggests that...
Gold and Silver Go Cocoa for Cocoa Puffs
The price of cocoa has gone vertical in 2024 rising from $2,288/t in 2022 to $9,766/t in March 2024. Cocoa, like Gold and Silver, is a commodity subject to trends in supply and demand. Once in...