Investing in precious metals 101

Tag Archives: Bullion

  • Insider

    Off The Cuff: Central Banks Are Net Buyers Of Gold

    How times have changed. Now 'everyone cares' about gold.
    by Adam Taggart

    Thursday, October 24, 2019, 3:00 PM

    1

    In this week’s Off The Cuff podcast, Chris and Jeff Clark discuss:

    • Central banks are now net buyers of gold
    • China and India are buying like crazy
    • Why the gold’s prospects haven’t been this good since 2003
    • Why silver remains the even better bargain at today’s prices

    Several years ago, Grant Williams famously explained bullion’s lackluster price action was because “nobody cares” about gold.

    How times have changed.

    Gold is back at $1,500/oz and appears to be consolidating in preparation of another move higher. As Jeff Clark tells us in this week’s podcast, suddenly EVERYONE seems to care about gold:

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  • Blog
    buy and store gold and silver

    A Primer On How To Buy And Store Gold & Silver

    Most people aren't aware of the full range of options
    by Adam Taggart

    Saturday, March 30, 2019, 4:19 PM

    26

    I’m always surprised by how few people understand the options for buying precious metals. Even the very affluent.

    I find myself guilty of assuming that everyone is as familar as I with the full specturm of gold-silver purchase options available. So to correct that, I’ve taken the time this week to detail those options out for the novice buyer.

    So, if you’ve been thinking about converting some of your paper fiat money into precious metals but are unsure how to start, wonder no more.

    Below is a primer of the main options available to you, and in which situations each makes sense to consider.

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  • Insider
    Lenka Horavova/Shutterstock

    The War On Gold Intensifies

    The UK takes further steps to demonize bullion
    by Chris Martenson

    Tuesday, August 8, 2017, 5:27 PM

    19

    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.

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  • Insider

    Off The Cuff: All Things Silver

    Understanding silver's moonshot potential
    by Adam Taggart

    Friday, November 4, 2016, 6:39 PM

    7

    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. 

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  • Podcast

    Jim Rickards: The New Case For Gold

    A powerful set of arguments for owning the yellow metal
    by Adam Taggart

    Monday, April 4, 2016, 4:32 AM

    51

    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.

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  • Insider
    ALXR/Shutterstock

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

    Where & how much to buy, when to sell
    by Chris Martenson

    Tuesday, December 8, 2015, 4:52 PM

    31

    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…

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  • Blog

    EXCLUSIVE: The Smoking Gun Proving Silver & Gold Manipulation

    We have the data. And it tells a clear story.
    by davefairtex

    Friday, October 16, 2015, 11:46 PM

    16

    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? 

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  • Blog
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    Buy Gold While You Still Can!

    An important update on the supply of physical gold
    by Chris Martenson

    Friday, September 25, 2015, 7:56 PM

    30

    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.

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  • Podcast

    Olivier Garrett: Buying Gold & Silver

    Precious metals and the Hard Assets Alliance
    by Adam Taggart

    Sunday, July 12, 2015, 4:34 PM

    13

    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.

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