Silver

These last few months have brought confirmation of an acceleration in geo-political and macro-economic events, and they all have mid-term implications for the precious metals markets and, more globally, on the future of the international monetary system.

With the help of a few graphs, going from the very long term to the short-term, let us look at gold and silver’s performance since the beginning of the 19th century.

The mechanism used to determine the price of gold and silver, the London fix, is under pressure and China, of course, wants to take advantage of this situation to have more to say on the way precious metals prices should be determined in the future.

Gold averages down on 2 of the fixes but silver gets hit with the triple whammy...

Charts by Nick Laird. Silver Open Interest Ballooning Out, Net Positions, Producer Merchant Processor User Positions

Fabrice Drouin Ristori interviews silver market expert David Morgan about the silver price manipulation, the coming big reset of the international monetary system and the financial markets

I am going to try to explain the backwardation, a very technical aspect of the gold and silver market, albeit a very important one, if one wants to understand their price evolution.

US Mint coin sales. For the 2nd month in a row investors have purchased more $ value of silver than gold.

It is said that a picture is worth a thousand words, so let us analyze this relation between gold and silver with some graphs. Gold and silver have their own markets; they sometimes converge and they sometimes diverge, but there is always an important correlation between the two.

Germany’s top financial regulator said possible manipulation of currency rates and prices for precious metals is worse than the Libor-rigging scandal, which has already led to fines of about $6 billion.