by irdadmin | Apr 11, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
The CME/LBMA latest paper derivative product – the Accumulated Certificate of Exchange aka “4GC” – is failing. Badly. After its introduction last week there has been zero trade activity in the contract: 4GC Settlement data. The contract...
by irdadmin | Apr 7, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
In 35 years of active participation in several diverse aspects of the financial aspects, I’ve never seen a more obvious investment set-up than long gold, silver and mining stocks: Share...
by irdadmin | Apr 5, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
“Bad money drives out good money.” When Gresham put forth this proposition, sovereigns were diluting gold and silver coins with metals of lesser value yet the diluted coins were given the same value for legal tender purposes as the more pure coins....
by irdadmin | Apr 3, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
Unequivocally, gold does not trade on the Comex. The Comex trades paper gold derivatives. It is a futures and options exchange on which a small amount of 100 oz. gold bars change ownership each contract month. The transfer of title is facilitated by the creation of an...
by irdadmin | Mar 31, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
I truly thought I had seen all that was possible in the creation of paper gold when the Comex rolled out its “pledged gold” category which enabled technically insolvent banks like HSBC and JP Morgan – the only two Comex banks to have taken advantage...
