#Silver Investors See #Palladium as the “Canary in the Coal Mine” Silver Investors See Palladium as the “Canary in the Coal Mine” The precious metals sector has just one standout performer this year, and that is palladium.
Lately the market for that metal has gotten more than just hot. Developments there could have implications for the LBMA and the rickety fractional reserve system of inventory underpinning all of the physical precious metals markets. Palladium Reaches Gold Price, Makes All-Time High Craig Hemke of the TF Metals Report was Money Metals’ podcast guest this past Friday.
He has been watching the developments in palladium closely and gave an excellent summary of what's involved. Palladium prices went parabolic once before. Palladium's move higher in recent months is reminiscent. Russia May Not Save the Palladium Markets This Time Today, as in 2001, Russia is the world’s largest producer of the metal. The shortage 17 years ago was driven by demand. When the market ran into shortage, Russians, under President Boris Yeltsin, rode to the rescue. Today, palladium inventory is once again in short supply. Undeniable Truths about #PreciousMetals (Don't Forget These...) Undeniable Truths about Precious Metals (Don't Forget These...) Commodities / Gold and Silver 2015Nov 16, 2015 - 04:07 PM GMT By: MoneyMetals Clint Siegner writes: From first to worst.
Gold and silver were the best assets to own during the first decade of this century. During this second decade... not so much. Precious metals bulls have endured 4 years of prices drifting lower punctuated by periodic smash-downs and the occasional false-breakout. What really gets the goat of gold and silver investors is that, throughout this time, there have been very good fundamental reasons to own metals. Given that bankers and high frequency traders have criminally rigged the metals markets, people should question the long-term viability of these low prices. Dollar-destroying debt and deficits are set to continue growing exponentially. The Republicans who now control Congress quietly passed a budget that completely suspends their self-imposed borrowing limit.
However, Congress has raised the debt ceiling 74 times since 1962. Steve St. By Clint Siegner MoneyMetals.com. The True Nature of #Gold Is Liberty. The True Nature of Gold Is Liberty - GuruFocus.com. “Look at that screen,” exclaimed Fox Business Network's Stuart Varney, referring to the television graphic showing markets crashing across the globe. “The only thing going up is the price of gold!” “It's always a dangerous thing when you leave democracy up to the people,” joked Varney's guest – venture capitalist and author Peter Kiernan – as they watched Britain vote Thursday night to escape the European Union.
The dust is still settling after Britain's seismic Brexit vote June 23. At issue: who should control British economic and immigration policies – Brits themselves or unelected bankers and their bureaucracy stooges? It was a choice between the liberty of self-determination and the tyranny of faraway cronyism. While the gritty election fallout spread through rattled markets and wafted into plush offices of banking's money masters, the hard and fast implications were clear. 'Only lunatics would consider EU membership' The Brexit victory has now kindled a wildfire. Texas isn't alone.