Welcome to our weekly market commentaries and geopolitical analyses written by Larry Simon. The primary focus of the Fort Kobbe newsletter is to provide clients and investors with insights into the precious metals market, specifically gold and silver. This is a resource for investors who prioritize physical asset security and want a global finance perspective that emphasizes the value of gold and silver in a volatile economic climate.
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
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.
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
If you needed any more proof that the world’s financial plumbing is cracking, this week delivered it in spades. Let me set the scene. On Tuesday night, the President gave his State of the Union address and did what we all expected, he doubled down on tariffs as the cure
If you needed any more proof that the paper markets are a fiction factory, this past week delivered it on a silver platter — pun intended. Silver touched $83 an ounce before the COMEX did what the COMEX always does: changed the rules mid-game. They jacked up margin requirements, triggering
The department of statistics is feeding us figures which are frightening. They told The People of America that 584,000 jobs were created… but now they say it was really just 181,000. What happened to the rest of the jobs? If this is the quality of statistics we are receiving, what
Which is the real price of gold and silver? The price quoted on your screen, where you cannot get the commodity or the price where you can take physical possession of your metal. The Western Comex price of around $80.00 for silver, while silver Eagles are quoted around $110.00 if
Yesterday the silver price on the Shanghai market closed at 131.26, and the comex closed at 114.66, a 16.6 USD difference. The Shanghai market is a physical market and the Comex is largely a paper market. One wonders why the paper trades lower than the physical, who benefits and what
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