Author Archive: GoldSilverWorlds

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Michael Pento: Inflation to Skyrocket When Fed Reverts to New QE & Interest Rate Cuts

Michael Pento: Inflation to Skyrocket When Fed Reverts to New QE & Interest Rate Cuts

Your browser does not support the podcast player element. DOWNLOAD MP3 Mike Gleason: It is my privilege now to welcome back Michael Pento, president and founder of Pento Portfolio Strategies and author of the book, The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market. Michael is a well-known money manager and a fantastic market commentator, and over the past few years, has been a wonderful guest and one of our favorites here on the Money Metals Podcast. We always love getting his highly-studied Austrian economist viewpoint. Michael, welcome back, and thanks for joining us again. Michael Pento: Thanks for having me back on, Mike. […]

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The Dangers of Investing Based on Phony Government Statistics

The Dangers of Investing Based on Phony Government Statistics

By Stefan Gleason, Money Metals Exchange President Donald Trump recently took to Twitter to boast, “The U.S. has an increased economic value of more than 7 Trillion Dollars since the Election. May be the best economy in the history of our country. Record Jobs numbers. Nice!” “We ran out of words to describe how good the jobs numbers are,” reported Neil Irwin of the New York Times, amplified in a Trump retweet. If you believe the headline numbers, joblessness is at a generational low with the economy booming. Trillions in nominal value added to the stock market since Trump’s election. GDP up over 3% in the second quarter. 223,000 jobs […]

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The Overall Top 5 Gold Mining Countries Worldwide

Gold has always been an important aspect of a country’s economy and has been sought out by many all over the world. Many countries have strived to maximize their production however gold production varies widely among different nations. Here we have compiled a list of the top 5 gold mining countries to show to you which nations have held the lead in Gold mining in the world. China – 440 MT China was the largest producer of gold in the world, mining 440 MT in 2017. China is also the number one consumer of gold, befitting a country whose development has pulled hundreds of millions of people out of poverty. […]

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The Overall Top 5 Gold Mining Companies

The Overall Top 5 Gold Mining Companies

There are different methods by which gold mining companies are ranked. One is by their annual production, by their cash cost per ounce, that is, how much money it costs them to mine the gold. Since gold prices are the same everywhere, companies with lower costs per ounce make more profit. The most common method lists by market capitalization which considers the total value of capital holdings by that company. Also considered when comparing companies is their market capitalization per ounce of gold equivalent which takes the market value and total reserves and resources for each company as well as the price of gold into consideration. The figures for each […]

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The Average Amount of Gold Sold Monthly

The gold market has been continuously booming over the past few years. The demand of gold has been significantly increasing and can be traced back hundreds of years. Nowadays, the demand is going higher and higher in tandem with the price. Understanding the price of gold saves you from losing money and increases your chance of profit. Buying gold isn’t as easy as eating a piece of cake. There are a lot of things to be considered despite the benefit that it brings. Looking back at everything, how much gold is bought and sold really in a month?   The amount of gold that is bought and sold every month […]

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The Amount of Publicly and Privately Owned Gold

Gold plays a very important role as it is known as the safe haven when things get volatile. Investors mostly run into gold when the economy in on the edge of fluctuation, and they store it as an investment too. The supply of gold circulating in the market is limited, but what is the exact amount?   It has been said that the above ground amount of gold all over the world ranges from 120,000 to 140,000 tons. Of which, the US Reserve owns 6 percent or 8,000 tons of the total amount of gold. A total of 25 percent of above earth gold is publicly owned. They can be […]

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The Direction of Gold and Silver Prices for the Next Three Months

As they say, timing is everything. This applies in almost everything especially in investing. Although the prices of precious metals are likely to remain stable, analyzing it for a longer time table is very important before taking further action. This year has been claimed as the golden year for precious metals. The increasing incomes will likely pull up the demand of precious metals too. As the law of supply and demand states, the limited supply and high demand of precious metals will likely push the prices of precious metals higher.   Gold Price for the Next Three Months June – For the month of June, the predicted price of gold […]

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The Uses of Precious Metals

Precious metals have become an integral part in man’s day to day living. Aside from being a commodity for market volatility and economic disturbances, precious metals are used in different industries to make different products that are widely used for the advancement and comfort of living. From electronic devices to medical and beauty products, precious metals are widely used. What other major areas are precious metals used?   Aircraft Engine Precious metals are some of the main components that are used in the aviation industry in order to manufacture aircraft engines. Commonly, precious metals are used in well over 20 parts of the aircraft engine including the blades, heat exchangers, […]

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The Whats and Hows in Refining Precious Metals

The Whats and Hows in Refining Precious Metals

Precious metals are treasures as old as time. Their significance has been known for a very long time. As time goes by, the demand for these precious metals keeps increasing, but the supply doesn’t tend to keep up with demand. Due to this, new and different methods have been employed to cater to demand. What is refining? Refining is the process of purifying an impure metal. It differs from calcining and smelting since in refining, the final material is commonly similar chemically to the original one, only with a purer final product. On the other hand, calcining and smelting involves chemical changes to raw materials.   Why refine precious metals? […]

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The Relationship of Oil and Precious Metals

The Relationship of Oil and Precious Metals

Precious Metals and Oil have a History Precious metals, especially gold, have long been known for their incredible value and powerful purchasing power all over the globe. They are considered the standard of value for any currency that is used anywhere in the world. They are often referred to as crisis commodity as people flock into them especially in times of economic and geopolitical turmoil as they serve as inflationary and deflationary protection. Over the years, studies between the correlation of precious metals and other commodities such as oil have been a hot topic, which has been further ignited with recent global developments. Currently, the financial markets have become extremely […]

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Effects of the U.S. Pulling out on the Iran Nuclear deal on Oil and Precious Metals

Effects of the U.S. Pulling out on the Iran Nuclear deal on Oil and Precious Metals

The Iran nuclear deal, formally known as the Joint Comprehensive Plan of Action, offered Tehran billions of dollars in sanctions relief in exchange for agreeing to stop its nuclear program. The deal laid out a lengthy process spanning over 15-25 years that would be supervised by an eight-member committee, including Iran, the United States of America, Britain, France, Germany, Russia, China and the European Union. The agreed-upon nuclear deal aimed at limiting Iran’s ability to produce a nuclear weapon, in exchange for the removal of various sanctions imposed on it internationally. This agreement signed in Geneva states that the P5+1 namely China, France, Russia, the United Kingdom, and the United […]

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Which is a Better Investment: Gold or Silver?

Which is a Better Investment: Gold or Silver?

An investor at times must decide which precious metal to invest in: gold and silver. There are times when gold is a better investment, and there are times when silver is a better investment. Why do they invest in precious metals? First, they hope that prices will continue to increase in order to gain money and second, they believe that other investments will decrease in value in the hope that they will not lose money. Which then is a better investment today, gold or silver? The price of gold and silver significantly changes from time to time. Looking back on the past years, it cannot be denied that the price […]

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Inflation and its Effects on Cash Holdings and Investments

Inflation is a sustained rise in overall prices. A moderate rise in inflation means economic growth while high inflation results in an overheated economy. There are certain factors that affect inflation and a couple of theories that are tied to it. So before we proceed it’s very important to know some of the standing factors that influence inflation and how it affects cash holdings and investment. Inflation can be caused by a number of factors, rising commodities, high-interest rates… etc. Here are some principles and theories you need to know before we continue.  Fraction- Reserve Banking The world currently uses this type of banking system. When someone deposits $1000 in […]

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The Impact of the U.S. Economy on the Prices of Precious Metals

The price of precious metals, especially gold, reveals the true economic state of U.S. If today’s gold price is soaring high, it means that the economy is not healthy. It is because investors see gold as a safe haven on the verge of economic crisis. On the other hand, when the price of gold drops down, it signifies that the economy is healthy. Everything appears to be interdependent in modern complex economies, but it cannot be concluded that everything effects everything, including the value of gold. According to Fed Chairman Jerome Powell, in his first speech on the economic outlook since assuming the helm at the U.S. central bank on […]

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