Silver ETF Holdings

Silver Exchange Traded Funds Investment Silver Demand is Met By Silver ETFs Silver held in Exchange Traded Funds (ETFs) has held steady since peaking in early 2013. Silver holdings in the worlds’ largest silver ETF, iShares Silver Trust (SLV) have remained over 300 million ounces since 2010. Silver holdings in the second largest ETF, Zürcher Read More →

Gold ETF Holdings

Gold Exchange Traded Funds Holdings Much of Western Gold Demand is Met by Gold ETFs Gold held in Exchange Traded Funds (ETFs) dropped dramatically from early 2013 -2016. Gold holdings in the worlds’ largest gold ETF, SPDR Gold Shares (GLD) were cut in half since 2013. Gold holdings in the second largest ETF, iShares Gold Read More →

“Sturdy” Non Farm Payroll Numbers Provide The Fed With Cover To Raise Interest Rates

Podcast Summary Introduction 0:00-4:56 How The Fed Managed to Keep Interest Rates Low and Print $4.3 Trillion Without Crashing The Dollar 4:56-8:03- Discussion of how the Fed manipulates market perception and interest rates. The three legged propaganda stool, company share buybacks and the “wealth effect” are discussed. The False Job Recovery 8:03-11:30 The most recent Read More →

Shanghai Gold Exchange Volume Week Ended June 5, 2015

Shanghai Gold Exchange volume for the week ended June 5, 2015. The Shanghai Gold Exchange delivered 32.695 tonnes of gold during the week ended June 15, 2015. Total gold withdrawals on the Shanghai Gold Exchange year to date are about 1,017 tonnes. China is becoming the center of the Asian gold world. A $16 billion Read More →

Canadian Mint First Quarter 2015 Gold and Silver Sales

Canadian Mint Gold and Silver Sales in Q1 2015. Sales of Canadian Silver Maple Leaf coins soared to record 8.9 million in the first quarter of 2015 from 8.2 million in the first quarter of 2014. Sales of Canadian Gold Maple Leaf coins rose to 179,000 in the first quarter of 2015 from 176,000 in Read More →

Perth Mint Gold and Silver Sales – May 2015

Silver and Gold Sales at the Perth Mint in May 2015. Silver sales were down 46.5% at the Perth Mint in May year over year. Gold sales were up 40% at the Perth Mint in May year over year. Silver Sales at the Perth Mint in May 2015 The Perth Mint sold 337,511 ounces of Read More →

Shanghai Gold Exchange Volume Week Ended May 29, 2015

Shanghai Gold Exchange volume for the week ended May 29, 2015. The Shanghai Gold Exchange delivered 37.082 tonnes of gold during the week ended May 29, 2015. Total gold withdrawals on the Shanghai Gold Exchange year to date are about 985 tonnes. China is becoming the center of the Asian gold world. A $16 billion Read More →

First Majestic Silver Corp Notifies CFTC of Possible Silver Manipulation

First Majestic Silver Corp. Mexican silver mining company, First Majestic puts the Commodities Futures Trading Commision (CFTC) on notice regarding silver manipulation. Silver guru Ted Butler pens letter on behalf of First Majestic to the CFTC. Letter suggests something is wrong with the price discovery process in the silver market. It’s been a rough few Read More →

The Fed Will Raise Interest Rates

The Fed Will Raise Interest Rates The Fed will raise interest rates on the pretext/false narrative that the economy is doing well. If data continues to come in negative the Fed will insist it is transitory and the economy will improve in the second half. Higher interest rates are necessary to promote U.S. Treasury Bond Read More →

Silver to Gold Sales Ratio May 2015

Silver and Gold Sales at the U.S. Mint in May 2015 Sales of American Gold and Silver Eagles Tailed Off in May. The United States Mint sold 2,023,500 American Silver Eagles in May down from 2,851,500 sold in April. May 2015 American Silver Eagle sales fell 49% from May 2014. Sales of one ounce American Read More →