from Silver Fortune:
by Harvey Organ, Harvey Organ Blog:
GOLD CONTINUES ITS ADVANCE UP $6.60 TO $1340.10 AS THE ASSAULT ON 1350 GOLD CONTINUES//SILVER UP 11 CENTS TO $14.91 AS THE ASSAULT ON 15.00-1506 ALSO ADVANCES..AS INVESTORS ARE NOW WILLING TO TAKE ON OUR BANKER CARTEL /TWO TANKERS ATTACKED BY TORPEDOES NEAR THE STRAIT OF HORMUZ: NOT SURE IF FALSE FLAG//MORE SWAMP STORIES FOR YOU TONIGHT
by Ted Butler, Silver Seek:
Several recent articles have highlighted a surge of silver imports to India, prompting me to take a closer look. India has always been a big buyer of silver and gold, befitting the traditions and culture of the country with the world’s second largest population. The population of India, more than 1.3 billion citizens, is now only about 50 million less than that of China. Combined, both countries make up 35% of the total world population (7.7 billion) and have always been large buyers and holders of gold and silver. Together, India and China absorb close to 50% of total world gold and silver mine production.
by Ronan Manly, BullionStar:
The most commonly watched gold price these days is of course the gold price per troy ounce measured in the fiat currency US dollars. This is so for a number of interconnected reasons such as the US dollar’s international reserve status, and the fact that international gold trading takes place in US dollars.
Furthermore, the gold price is established / discovered mainly in US dollars, a symptom of the fact that the majority of trading of ‘gold’ volume occurs in venues such as COMEX and the London OTC gold market where the synthetic gold products that these venues quote (gold futures and unallocated gold, respectively) are traded in US dollars.
from SGT Report:
Bob Kudla the founder of Trade Genius joins me to discuss the issue of censorship, precious metals and cryptos. This interview was recorded on Wednesday, June 12th. On Thursday June 13th, You Tube terminated the Black Pigeon Speaks channel. I was so outraged that I interrupt this interview at the 10-minute mark to provide an update about big brother’s censorship and how our collective outrage can be used to right these horrific wrongs.
from Birch Gold:
This week, Your News to Know rounds up the latest news involving precious metals and the overall economy. Stories include: Gold has beaten the U.S. dollar for nearly 50 years, why the price of silver could be on the cusp of a major breakout, and Malaysian prime minister eyeing a gold-backed currency.
Gold has Beaten U.S. Dollar for Nearly 50 Years
As gold broke out of its rut to reach a three-month high in a week’s time, analysts at Degussa have offered a broader perspective on the metal’s performance over the previous decades. While few could argue the point that gold is currently handily beating the greenback, an article on Kitco reports that data compiled by Degussa shows that this has been the case for nearly 50 years.
by Craig Hemke, Sprott Money:
With 2019 progressing along the path of our 2010+9 thesis, and with the next FOMC meeting slated for next week, we thought this week would be an excellent time to update the charts and begin to look ahead to the back half of the year.
Again, if you haven’t yet read our forecast from January, you should do so now. The year 2019 is unfolding in a manner that is strikingly similar to the year 2010. History doesn’t repeat, but there sure is a lot of “rhyming” in these posts:
from Government Slaves:
The hatch leading to the bunker which may house the legendary treasure trove appears to be blocked by a tree which grew on top of it, which “proves that no one has opened the manhole for the last several decades”, one of the treasure hunters noted.
Dedicated treasure hunters who chase rumours may have discovered the location of the fabled Amber Room, a trove of amber and jewels that used to adorn the palace of the Russian royals near St. Petersburg, which was plundered by Hitler’s troops during World War II, the Daily Express reports.
by Harvey Organ, Harvey Organ Blog:
GOLD RISES BY $7.50 TO $1333.50//SILVER UP 4 CENTS STO $14.80//VIOLENT PROTESTS IN HONG KONG//CHINESE MOUTHPIECE HU WARNS THAT USA/CHINESE RELATIONS ARE WORSENING//UK REJECTS A MOVE TO BLOCK A HARD (NO DEAL) BREXIT//SIDNEY POWELL IS NOW MICHAEL FLYNN’S LAWYER AND THAT OUGHT TO BE FUN//DESPITE THE TARIFF INCOME, USA TRADE DEFICIT WORSENS AGAIN
There are a number of different ways of investing in precious metals, ranging from physical ownership of gold and silver bullion, to taking positions in derivative products which provide exposure to movements in gold prices or silver prices.
When looking at ways to invest in gold and silver, it’s important to think about which routes provide direct ownership of physical precious metals versus which routes are merely possession of ‘paper gold’ or ‘synthetic gold’ products that lack any backing of real physical metal. It’s also worth keeping in mind that while gold in physical form and silver in physical form have been universally used as money and as stores of value for thousands of years, it’s only in the last generation that gold and silver futures contracts have been traded, and even a shorter time-frame (15 years) since the first gold-backed Exchange Traded Fund (ETF) was launched.