WEEK IN REVIEW: June 1-7

Silver: Commodity or Money?
Published Jun 2, 2015 on Goldbroker by Dan Popescu

So many articles and books have been written about gold as money, but so few about silver. However, a lot more silver has been used as money than gold, mostly because of its lower value and therefore being easier to transact for day-to-day needs. Throughout history, three metals have dominated the monetary world: gold (electrum), silver (sterling) and copper (bronze). Gold mostly for large transactions, silver for medium transactions, and copper for small transactions.

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First Majestic Silver CEO Complains to CFTC About Market Manipulation
Published Jun 3, 2015 on Gata

About the only executive in the monetary metals mining industry who complains openly about market manipulation that suppresses the price of gold and silver, has heeded market analyst Ted Butler's latest call to write to the U.S. Commodity Futures Trading Commission

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You Cannot Stop Coming Financial Bust
Published Jun 2, 2015 on YouTube

Earlier this year, economic expert David Morgan said he thought there could be another economic meltdown this fall, and he's not backing off. Morgan explains, Part of it is the seven year cycle in the stock market, and seasonality plays strongly in both the metals and stock market.

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China's Gold Imports on Track For a New Record
Published Jun 5, 2015 on Investmentresearchdynamics

Despite the erroneous mainstream media reports that China's demand for gold is trending lower, based on the withdrawal figures from the Shangai Gold Exchange, China's demand for gold YTD is tracking at a record annual rate.

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Who's Next? China Finally Starts Snapping up Gold Miners
Published Jun 3, 2015 on Dollarcollapse

One (perhaps the only) bright spot in the past few years' gold market has been Chinese and Indian demand for the metal. Here's a chart, courtesy of Ed Steer's Gold & Silver Daily, showing that the two countries have imported a cumulative 15,000 tonnes since 2008, which is not far from the total production of the world's gold mines in that period.

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China's 10,000 Tons of Gold Will Destroy The Dollar
Published Jun 1, 2015 on YouTube

Steve St. Angelo of SRS Rocco Report joins me to cover the latest in the gold and silver markets. As we note, Bloomberg's mockingbird journalist Nicholas Larkin recently wrote that if China could obtain 10,000 TONS of gold, it would justify a re-pricing of gold to $64,000 ounce.

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Kyle Bass Was Right: Texas to Create Own Bullion Depository, Repatriate $1 Billion of Gold
Published Jun 1, 2015 on Zerohedge

Most investors have heard Kyle Bass' rather eloquent phrase, "buying gold is just buying a put against the idiocy of the political cycle. It's that simple." However, what few may remember was his warnings in 2011, suggesting the University of Texas Investment Management Co. take delivery of its gold.

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The Public's Illusions Are About To Be Crushed As The Biggest Ponzi Scheme In World History Implodes
Published Jun 5, 2015 on King World News

Egon von Greyerz, the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events warned King World News that the public's illusions are about to be crushed! He also warned that a major panic is coming as the world is rocked by global financial chaos.

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Gold Monetisation Scheme: Is it Time to Swap Gold ETFs For Gold Deposits?
Published Jun 1, 2015 on The Economic Times

While those who own gold jewellery may not be attracted to the gold monetisation scheme, it can be a golden opportunity for investors in gold ETFs. They can convert their holdings in gold ETFs and gold mutual funds to physical gold and deposit it in the scheme to earn additional returns.

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China's Yuan Will Slowly Chip Away at 'Dollar Standard'
Published Jun 1, 2015 on Forbes

Rickards explains how the dollar “will die with a whimper and not a bang.” The replacement candidate? The Chinese yuan. So for conspiracy theorists who wonder why the hawks in Washington are hell bent on ticking off the Chinese and keeping their grip on the unipolar dollar denominated world, herein lies your answer.

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