News and Views

And now look at what has happened during the October...a month which is historically the lightest "delivery month" on the Comex calendar. Again, referring to the charts above you can see that the total number of Oct15 "deliveries" was 950 for 95,000 ounces or slightly less than 3 metric tonnes. Through yesterday, October 21, the Oct16 "delivery" total is a whopping 9,163 for 916,300 ounces or about 28.5 metric tonnes. This is over a 9X increase versus the same month last year! More ››
2016/10/21 at 1:27pm
Via: GoldSeek
As we've been monitoring all year, the total amount of gold allegedly "delivered" through the Comex has soared in 2016. This is simply another anecdotal datapoint of gold demand but the trend is certainly noteworthy, particularly when you see the numbers thus far in October. read more More ››
2016/10/21 at 1:13pm
Via: TF Metals Report
The world is heading towards a rapid disintegration of its economic and financial system due to a “Thermodynamic oil collapse.” I spoke with Dr. Louis Arnoux of nGeni, about the details of the thermodynamics of oil depletion and its impact on the global economy. Unfortunately, the world is completely in the dark about this energy […] More ››
2016/10/21 at 12:50pm
Via: SRSrocco Report
Tags A A Home | Feed | Blog.rssWorld HistoryPhilosophy and MethodologyPolitical TheoryWhat's the Difference Between Liberalism and "Neoliberalism"? 0 Views It is possible that there is no term more abused in modern political discourse than "liberalism." Originally meant to describe the ideology of free trade and limited government, the anti-capitalist left adopted the term in the 1930s and changed its meaning to the opposite of what it meant in the 19th century. Liberalism never quite lost its correct meaning in most of the world, however, and in Spanish-speaking countries, for example, the word "liberalismo" still often means the ideology of free trade More ››
2016/10/21 at 12:11pm
Via: Mises Daily
Gold's early-October plunge on futures speculators' stop losses being run has naturally left this metal mired in battered technicals and bearish sentiment. But that sharp selloff has already accomplished its rebalancing mission. The excessive gold-futures trading positions that triggered that stop running have already reversed, and the investors fueling gold's bull are starting to buy again. Gold is green lighting its next upleg. More ››
2016/10/21 at 11:55am
Via: GoldSeek
Paper metal prices are hovering in slightly positive territory for the week while the mining shares are still up significantly. As we get this week wrapped up, keep an eye on the USDJPY and let's hope for a close back below 104. read more More ››
2016/10/21 at 11:04am
Via: TF Metals Report
On the flip side of the coin is gold, which as we've described in the past carries a strong inverse correlation with real yields and exhibits sharply positive returns in a negative real yield market environment, where the opportunity cost of holding a non-interest bearing asset like gold becomes highly attractive and where underlying market psychology is often affected by a broader loss of confidence in monetary policy and/or creditors future returns. From our perspective, we expect both. More ››
2016/10/21 at 10:06am
Via: GoldSeek
It is time to revisit the Fiat Money Quantity (FMQ), which totals US dollar money deposited in the banking system, the commercial banks' money on deposit at the Fed and physical cash. Besides alerting us to how the expansion of fiat money is progressing, an objective of this exercise is to give some guidance on the price relationship with gold. It is particularly appropriate at a time when banking analysts have turned generally bearish, believing that the rally in gold is now over. More ››
2016/10/21 at 10:05am
Via: GoldSeek
Going way back to November 1998 after the Warren Buffett spike, the OHLC bar range of silver dropped below this moving average. With that silver re-entered its long term bear market and what one would have been looking for with this indicator was for the silver's OHLC range to complete one full month above and clear of the 20 month moving average. More ››
2016/10/21 at 10:04am
Via: GoldSeek
The big decline in the precious metals appears to already be underway (even though we are in a short-term corrective upswing) and it seems that gold will move much lower in the coming months even though it's likely to move higher in the coming days. The big decline remains to be the most important development for gold and silver investors. Why? Because this decline's end is likely to present the ultimate buying opportunity for precious metals and for mining stocks. More ››
2016/10/21 at 10:02am
Via: GoldSeek
The 2016 election year is bringing out the worst among some elements of society. From vandalism to physical assaults to large scale race riots to terrorist bombings and mall stabbings, social disorder has become a more prominent feature of life in a polarized America. More ››
2016/10/21 at 10:01am
Via: GoldSeek
To properly understand helicopter money and its potential effects for the gold market, it is necessary to analyze differences between it and quantitative easing. In some senses, both tools are similar as they support the government budget. Some analysts even call quantitative easing in ‘helicopter money in disguise'. However, there are a few important differences between these two monetary policies, as one can see in the table below. More ››
2016/10/21 at 9:35am
Via: GoldSeek