After the fun and games on the market last week,I have put together my thoughts on the position with gold and silver as well as on parts of the geopolitical situation. If you’re looking at capital preservation, short-term price manipulation does not affect physical precious metals holdings. Your ounce weighs
Walk through futures, ETFs, allocated vs unallocated accounts — simply In the financial world, paper gold refers to assets that reflect the price of gold without requiring you to actually haul a safe into your basement. It’s about exposure rather than possession. What is Paper Gold? At its core, paper
THE AMERICAN PEOPLE ARE TRAPPED in a dollar devaluation, debt expansion, rate suppression whirlwind of a magnitude never been seen before now exacerbated by war. (Greg Mannarino). Events are moving quickly, geopolitically and economically. So a longer read this week Last week I told you a repricing event was underway.
The PAPER TRAP Core Problem: Rehypothecation Most investors believe that buying a Gold ETF (like GLD) is the same as owning gold. It isn’t; it is a paper trap. You are buying a share in a trust that relies on a complex chain of custodians and sub-custodians. Why This Matters
I’m going to do something a little different this week. Instead of the usual quick commentary before the charts, I want to walk you through the numbers behind what’s happening right now, because the numbers are more powerful than any opinion I could offer. The United States spent $5.6 billion
This is going to be a short opening this week, because I’ve written something longer that I think matters more. Gold is holding above $5,200 after the Iran strikes sent it briefly to $5,409. Silver got whipsawed — spiked to $97, got margin-hiked back to the mid-$80s. If that pattern
“What we are living through is not a bull market in gold and silver. It is a bear market in trust — in currencies, in institutions, in paper promises, and in the systems that have been pricing these metals for the last fifty years.” WHAT’S ACTUALLY HAPPENING When the price
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