Supply & Demand

Some recent charts by Nick Laird on the OCC Precious Metals Derivatives. All PM Derivatives & Gold Derivatives in Tonnes - All Maturities

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.

Charts by Nick Lair: Open Interest vs Total Stocks, Open Interest vs Registered Stocks, Open Interest vs Eligible Stocks

Charts by Nick Laird. Gold vs Argentine Pesos, Gold vs Turkish Lira & Gold vs Syrian Pound

We are aware of the currency wars, but we are a lot less familiar with the gold wars raging between the East and the West and, more particularly, between China and the United States.

The evidence of gold price manipulation is clear. In this article we present evidence and describe the process. We conclude that ability to manipulate the gold price is disappearing as physical gold moves from New York and London to Asia, leaving the West with paper claims to gold that greatly ex...

It appears the concept of the exploding "leverage" or default risk of the COMEX has now hit the mainstream media

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.

Charts by Nick Laird. The banks are long gold. COMEX gold just bounced off one of it's most oversold phases

Despite its miserable 2013, latent investor interest in silver remains strong. This manifested in robust worldwide demand for physical silver driven by its lower prices.