bullion

Podcast

Ted Butler: New Hope For Higher Silver Prices

How silver's oppressor may end up being its savior
Monday, July 23, 2018, 10:37 AM

Precious metals analyst Ted Butler returns to the podcast this week to discuss the long-suffering silver price.

Will the beatings continue? Or is there finally reason to believe that, after seven painful years of languishing, silver may finally see a brighter future?

Butler predicts a turning point is nigh. And ironically, he thinks silver's savior will be the same cultprit responsible for keeping the price suppressed for all these years: » Read more

Blog

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It's Time To Care Again About Gold & Silver

Fundamentals and TA are signaling extreme undervaluation
Friday, June 29, 2018, 7:09 PM

It's been a while since I've covered the precious metals in an article. They've been range-bound for much of the past year, with few notable sector developments to report.

But I feel compelled to write about them today for two reasons:

  1. The probability of an upwards re-pricing of the precious metals is rising, and
  2. Both gold & silver are quite over-sold right now, technically-speaking.
Insider

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The War On Gold Intensifies

The UK takes further steps to demonize bullion
Tuesday, August 8, 2017, 1:27 PM

The War on Cash is now spreading to gold.  The Powers That Be want to assure that you have no escape hatches, no means of avoiding the financial and economic pain they are about to visit upon you and yours.

They hate gold because it represents a vote against them every time someone chooses gold over their own poorly-managed fiat currency.  They hate cash to the extent that real cash (i.e., physical banknotes) held outside of the banking system might allow you to avoid having your savings stolen during an overnight application of new banking rules (e..g, a bail-in) that would transfer your wealth into whatever financial hole your idiot bank executives had managed to dig for themselves.

These ridiculous moves tell me that we're nearing the end-stage of this long-running farce.  Too many years of stimulating borrowing above and beyond any reasonable expectation of ever paying those debts back have now driven the system to a terminal stage. » Read more

Insider

Off The Cuff: All Things Silver

Understanding silver's moonshot potential
Friday, November 4, 2016, 2:39 PM

In this week's Off The Cuff podcast, Chris and Ted Butler discuss:

  • How Precious Metals Spot Prices Get Set In This Market
    • The big banks operating in the paper markets have oversized influence
  • Silver's Moonshot Potential
    • An "accident waiting to happen" in terms of upside
  • Likely Triggers Of A Silver Supply Squeeze
    • A number of candidates abound
  • JP Morgan Is Amassing The World's Largest Silver Horde
    • Positioning itself for higher prices ahead?

Ted Butler returns to provide an extremely in-depth explanation of how the precious metals futures markets work (very important to understand this, as that's where PM prices are determined). Yes, it's an unlevel playing field; and yes, the big banks are at the heart of the unfairness. But -- as he explains in this hour-long exposition -- Ted is confident the fundamentals of supply and demand in the silver market will one day trump all, and why silver is "an accident waiting to happen" in terms of price upside:

What I am saying is: there is such an incredibly small amount of new silver that is available from current production (I’m including recycling because that is where it basically comes from) that it can be gobbled up in a second.

How can the price be so cheap with these kinds of facts and circumstances? The answer is we go back to the managed money, technical funds and the commercial banks. The price is being set in paper trading; it's not being set by the actual acquisition or disposal of real metal. It has nothing to do with that at all. And that can’t last forever.

We've already experienced expressions of this fact. I think we started talking with each other years ago when silver was in the single digits -- $4, $5, $6 an ounce -- then it ran to close to $50 in the beginning of 2011. The reason it can have these breathtaking price advances is because there is so little of it that when anybody goes to buy it, it just has a pronounced and disproportionate impact on price.

As Bunker Hunt, the late famous silver speculator and investor from years ago said, and it is more true today than it has ever been: Silver is an accident waiting to happen. And that accident is in terms of price to the upside. 

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today. » Read more

Podcast

Peak Prosperity

Adam Trexler: A New Way to Hold Gold (2016 Update)

Right alongside the bills in your wallet
Sunday, April 10, 2016, 8:03 PM

What if you could carry and exchange gold in the exact same manner as you do with the dollar bills in your wallet?

Two years ago, we introduced the precious metals community to a company called Valaurum, which has developed a technology that's making this possible. » Read more

Podcast

Jim Rickards: The New Case For Gold

A powerful set of arguments for owning the yellow metal
Monday, April 4, 2016, 12:32 AM

Monetary expert Jim Rickards returns this week to share the insights from his latest work The New Case For Gold, a detailed and highly-researched study of the fundamentals likely to drive the price of gold bullion in the years to come.

Rickards is quite confident that the price is going higher -- much higher in fact -- as the current world fit currency regimes falter, to be replaced by ones backed (at least in part) by bullion.

On the way to that outcome, expect the price to be subject to the geopolitical interests and aims of the largest players on the chessboard. » Read more

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Using Gold to Protect Yourself In Advance of the Greatest Wealth Transfer of Our Lifetime

Where & how much to buy, when to sell
Tuesday, December 8, 2015, 12:52 PM

Executive Summary

  • Calculating the "floor" beneath which gold will likely not fall
  • The coming Great Wealth Transfer, which almost certainly will occur in our lifetime
  • How much to invest in gold
  • How to invest in gold
  • Exit strategies: when will it make sense to sell your holdings? And what should you exchange them for?

The Floor

The one place that I most like to buy something is as close to its replacement value as I can.  And the replacement value for gold is both below its current price of $1,080 and rising steadily. There’s a floor under the price of gold which, like any mined substance, is determined by the cost to get more of it out of the ground.

As has been true for all mining and oil production, the all-in costs of getting gold out of the ground have been rising, and rising sharply, for many years.  Currently the all-in cost to produce gold, across the whole industry, is more than $1,200 per ounce.

Today we're seeing lots of signs of obvious distress among gold producers because the price of gold is below their cost of production.  This will cause supply to... » Read more

Blog

EXCLUSIVE: The Smoking Gun Proving Silver & Gold Manipulation

We have the data. And it tells a clear story.
Friday, October 16, 2015, 7:46 PM

Gold price suppression!

The amount of ink spilled on this topic could fill a supertanker.  Goldbugs the world over believe in the suppression story as an article of faith, and indeed, the evidence that “something is happening” appears incontrovertible.

Given how important the subject is to Peak Prosperity and the bullion-owning community, and the volume of energy we expend talking (and talking, and talking, and talking) about it, how much information do we really have about what is actually going on?  » Read more

Blog

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Buy Gold While You Still Can!

An important update on the supply of physical gold
Friday, September 25, 2015, 3:56 PM

This report centers on preponderance of fascinating data revealing the extent of the West's massive dis-hoarding of physical gold, for the first time, begins to allow us to start estimating the range of end-dates for the flow to the East.

Here’s the punchline: there’s an enormous and growing disconnect between the cash and physical markets for gold. This is exactly what we would expect to precede a major market-shaking event based on a physical gold shortage. » Read more

Podcast

Richard Charpentier | Dreamstime.com

Olivier Garrett: Buying Gold & Silver

Precious metals and the Hard Assets Alliance
Sunday, July 12, 2015, 12:34 PM

With financial markets becoming increasingly volatile (the Shanghai Composite's loss of over $2 trillion in the past month, anyone?), along with growing global economic instability and currency risks, we think it time to reiterate more loudly our core belief that everyone should own some precious metals. » Read more