Ted Butler says the ten-year anniversary of the failure of prominent investment bank Bear Stearns, and its takeover by JP Morgan, is cause for reflection... by Ted Butler via SilverSeekNo doubt that the ten-year anniversary of the failure of the prominent investment bank, Bear Stearns, and its takeover by JPMorgan is cause for reflection. Bear Stearns was a force to be reckoned with and held a...Read More
"one can obtain 42 kilograms of silver and 1.8 kilograms of gold by dismantling the nine ICBMs"by Rory Hall of The Daily CoinMost of the precious metals community understands the importance of gold and silver for military use. This aspect of the precious metals has actually been one of the more realistic concerns I have held for a number of years. When the USGS stated a few years ago that silve...Read More
"under the veil of protection offered them as Primary Dealers for the Federal Reserve...price manipulation continues with no end in sight.by Craig Hemke via SilverSeekMuch has been written lately about the size and scope of JPMorgan's COMEX silver vault. We thought we'd add to that conversation today.First of all, some background.JPMorgan didn't even have a COMEX silver vault in early 2011. The ap...Read More
By Adam ClarkGlencore PLC (GLEN.LN) said on Tuesday that it intends to issue $500 million in cash-settled convertible bonds due 2025. The mining company said the net proceeds of the offering will be used for general corporate purchases. Glencore said the bonds won't carry any interest and will be issued at between 93.25% and 98.25% of their nominal value of $200,000 each. Glencore said the initial...Read More
By Adria CalatayudRio Tinto PLC said Tuesday that it is launching a bond purchase and redemption plan worth up to $2.25 billion to reduce its gross debt. The Anglo-Australian miner said it has issued redemption notices for approximately $1.4 billion of its U.S. dollar-denominated notes maturing in 2021 and 2022. It has also started invitations to holders outside the U.S. for up to $850 million eq...Read More
By Oliver GriffinGlencore PLC said Tuesday that it has acquired Rio Tinto PLC 82% interest in the Hail Creek coal mine and adjacent coal resources, as well as its 71.2% interest in the Valeria coal resource, for $1.7 billion. The mining company said the remaining 18% of Hail Creek is currently owned by Nippon Steel Australia Pty Ltd, Marubeni Coal Pty Ltd., and Sumisho Coal Development Pty Ltd. E...Read More
Harvey Organ says the need for the phyzz is not just considerable, it's urgent. Here's the details...by Harvey Organ of Harvey Organ BlogMARCH 19/GOLD REBOUNDS ON EU NEWS OF RAISING RATES AND ENDING QE/GOLD RISES $5.25 TO $1317.90 BUT SILVER IS UP ONLY A NICKEL TO $16.33/EU-BREXIT DEAL ANNOUNCED WHICH CAUSES THE BRITISH POUND TO RISE/MORE LOSSES FOR DEUTSCHE BANK/BOTH RUSSIA AND THE UK REMOVE DIPL...Read More
The precious metals community of advocates may need legal assistance. Position letters, or even lobbying. Most of the money in this world, in the USA, sits in government pension plans. Some of those who direct such plans say they are not legally allowed to buy silver or gold. Is this true? Do we need to change the law? Can they buy certain ETF's? I need help to be able to answer the...Read More
Peter KrauthThe price of silver today is down 0.34% in morning trading, as the Federal Reserve's next meeting approaches. However, silver prices could be gearing up for a new rally.The grey metal has been consolidating sideways since early February in a narrowing range between $16.20 and $16.85.But this week brings another FOMC meeting, one where the market currently pegs the odds of a rate hike a...Read More
The following is a short video covering physical silver's origin, how it ends up in the device you are currently using to read this, as well into silver bullion stacker's stashes, and more.SD Bullion just released this silver investment video for your viewing pleasure.Check it out below:Including dwindling silver scrap recycling supplies (likely a major reason why now old US 90% silver coins are g...Read More
By Oliver GriffinRandgold Resources Ltd. said Thursday that its Kibali gold mine, which it owns with AngloGold Ashanti Ltd. (ANG.JO), has resigned from Federation des Entreprises du Congo, the Democratic Republic of Congo's chamber of commerce, with immediate effect. The gold miner said that the Kibali mine, accompanied by Glencore PLC Mutanda Mine, and China Molybdenum Co. Ltd.'s (>> company sh...Read More
Full Article: Is Silver Set to Take Off?By: Darren BlasuttiSilver is set to rally, but only in the medium to long-term, said Darren Blasutti, CEO of Americas Silver Corp."I think we're particularly positive on silver, but I think we're out two or three years before we see that real change in silver, but we're very bullish right now on zinc and lead, and copper," Blasutti told Kitco News on the si...Read More
"The "powers-that-be" will not relinquish power, authority, wealth or perks voluntarily. They have "made a mess of it" but accountability is..."by Gary Christenson of The Deviant InvestorSerious problems affect Americans. Problems first, solutions at the end!We did what to ourselves? Our representatives, senators, and Presidents, supposedly acting on our behalf, voted for and created what history...Read More
This was going to be about "helicopter money" because a ton of precious metal literally fell out of a Russian plane. But now its way more than that...Please connect the dots below, but first, please do this math:1+1+1+1=? (Answer: 4, every day of the week).While it has been known that China and Russia are relentlessly stacking gold, a recent turn of events point to something big going on under the...Read More
There has been a major development in the silver market that needs to be shared. Here's the details, and what it means for investors...Today I got some very valuable information from one of the largest coin refiners/wholesalers in the world.I won't name who they are because it was a casual conversation and not a formal interview, but this information needs to be shared because it is significant.Th...Read More
By Scott Patterson Glencore PLC has agreed to sell a large chunk of its cobalt production to a Chinese company, a person familiar with the matter said, marking another victory for China in a race to lock up supplies of an important metal used in batteries for electric vehicles. Glencore, the giant Swiss commodity producer and trader, signed a deal several weeks ago to provide more than 50,000 me...Read More
"will set off a chain reaction of Large Speculator short-covering and long-buying. This huge amount of..."by Craig Hemke via SilverSeekCOMEX silver prices are largely unchanged year-to-date, despite a falling U.S. dollar and historically bullish CoT structure. So today we ask, are you ready for the next rally?If the title of this post sounds familiar, it should. We posed a similar question regard...Read More
David Morgan updates his calls on gold & silver and explains what it will take to see upward acceleration in price. Here's the details...David Morgan interviewed by Greg Hunter on USA WatchdogPresident Trump is having much economic success, but he also has an ongoing war with the so-called "Deep State." Gold and silver expert David Morgan contends, "If the "Deep State" gets pushed into a corner mu...Read More
SD Midweek Update: Assets correct over price or over time. Gold & silver look nearly done with the latter. Here's the details...We've been talking about corrections.Corrections can happen over price, but they can also happen over time.Gold & silver have been correcting over time.It has been particularly painful because this correction has been slow and agonizing, especially for silver. On Monday I...Read More
Peter KrauthFor both silver bulls and bears, the performance of the price of silver over the last year has been frustrating.Over the last 12 months, silver has consistently moved between $15.50 and $18 – a 16% range that has offered little in the way of significant profit potential.However, the days of low returns from the precious metal may soon be behind us.You see, silver is becoming an i...Read More