by irdadmin | May 1, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
On April 11th, the CME and England’s Royal Mint announced that they were testing a blockchain-based platform for trading gold. The product to be traded is a new crypto-coin called, Royal Mint Gold (“RMG”). The token will be issued by the Royal Mint...
by irdadmin | Apr 20, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
The paper silver open interest on the Comex is at all-time highs. The previous all-time high was 224k contracts when the price of silver was pushing $50 in 2011. The current paper silver open interest is 229k contracts with the price of silver at $18. At least the...
by irdadmin | Mar 28, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
The use of the term “animal spirits” is most commonly attributed to John Maynard Keynes. But it originates from the Latin term, “spiritus animales” in reference to the spirit that drives human thought, feeling and action. We saw animal spirits...
by irdadmin | Mar 9, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Question: Why do Central Banks and Governments hate gold? Answer: Because they can’t print it “An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense – perhaps more clearly...
by irdadmin | Feb 14, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
These premiums [the ex-duty import prices being paid for legal kilo bar imports in India] are actually quite remarkable as the need to import kilo bars only arises if Indian demand is not satisfied by Dore imports (which had a duty advantage of $15.52/oz this...
