RSSCategory: Category: Physical Market

Silver’s Bullish Fundamentals Driven By Solar Energy

Silver’s Bullish Fundamentals Driven By Solar Energy

With photovoltaic installations on the rise, silver demand is ready for a major surge. About 80 metric tons of the metal are needed to generate one gigawatt, or 1 million kilowatts, of electricity, enough to power a little over 90 typical American homes annually. In 2016, close to a million and a half metric tons of silver are expected to be needed to meet solar demand in the United States alone.

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The Swiss Referendum On Gold: What’s Missing From The Debate

The Swiss Referendum On Gold: What’s Missing From The Debate

The problem of central bank overreach is certainly not isolated to Switzerland. Since the financial crisis 6 years ago, central banks around the world have interfered in and manipulated bond, foreign exchange, and equity markets on an unprecedented scale. These unelected institutions have actively redistributed wealth from one group to another and compete against one another to adjust the purchasing power of their national currency downwards relative to other nations without the knowledge of their populations. For over 3 years the SNB has been operating opaquely behind the scenes substituting another currency for its own, converted its citizen’s savings into EUR, and imposing a stealth tax on European imports without public consent.

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Infographic Explains Swiss Gold Referendum In Comprehensive Way

Infographic Explains Swiss Gold Referendum In Comprehensive Way

This infographic summarizes the upcoming Gold Referendum in Switzerland: Why is it important, what is at stake, why it could be a game changer and trend change. It also puts the Swiss gold reserves into perspective and compares, in relative terms, how Switzerland has much more gold per capita than any other country. However, it used to be an even bigger holder of the yellow metal. In 2000, the SNB held 2,500 tonnes of gold and it has also been the biggest national seller since.

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Russia Grabs Another 18.7 Tonnes Of Gold In October From The Market

Russia Grabs Another 18.7 Tonnes Of Gold In October From The Market

Taking all this together, it is clear that the Eastern gold demand is largely offsetting the Western disinterest. The real effects of this evolution will become clear once the interest from the West will heat up.

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How Much Earmarked Gold Holds The Federal Reserve?

How Much Earmarked Gold Holds The Federal  Reserve?

The chart of foreign central bank gold holdings at the Fed over the past fifteen years shows little activity except for 2007 and 2008, when just under 410 tonnes was withdrawn – big sellers during that period included Switzerland (250 tonnes) and France (227 tonnes). It would seem that the remaining central banks holding around 6,000 tonnes are generally happy with the Fed’s free custodial storage service.

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Ted Butler To Silver Miners: COMEX Is Responsible For Low Silver Prices

Ted Butler To Silver Miners: COMEX Is Responsible For Low Silver Prices

“The only thing a silver miner must be careful about in adopting an approach of openly petitioning the regulators to address the goings on in COMEX dealings is to stick to the facts and don’t say anything wrong. Unfortunately, there are an incredible amount of misstatements of fact regarding the COMEX’s role in setting silver prices that a miner repeating them will reduce any petition to a fool’s errand. I would assist any miner desiring to petition the regulators.”

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Demand For Coins And Bars Exploding While Gold And Silver Prices Pushed Down

Demand For Coins And Bars Exploding While Gold And Silver Prices Pushed Down

Based on these data, except for the Perth Mint in Australia, all other sources are reporting a huge increase in demand for coins and bars across the globe. Retail investors primarily are looking taking advantage of these bargain prices. The price setting in the COMEX futures market has its effect on real world demand. The question is, when will wholesale demand start piling up on precious metals to trigger a supply shortage? That would be fun to observe … but we are unfortunately not there yet … prices should go even lower to trigger such a situation.

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Silver and Powerful Forces

Silver and Powerful Forces

For several years it seems that powerful forces have been aligned against gold and silver. What will happen to prices when some or all of those powerful forces reverse and align in favor of precious metals, for their own protection and profit?

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A Silver Nanoparticle Problem that Nobody Knew About is Solved

A Silver Nanoparticle Problem that Nobody Knew About is Solved

It turns out that silver nanoparticles are not as solid as initially thought, making their use in electronic components and circuits a bit challenging as gadgets become increasingly smaller. Fortunately, there is a solution.

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Robust Demand for Physical Gold Support Prices

Robust Demand for Physical Gold Support Prices

Gold prices climbed to their highest level since Sept. 10 last week, breaking above the $1,250 an ounce level. Gold’s outlook this week will depend largely on the Federal Reserve policy meeting, when the U.S. central bank is widely expected to end its bond-buying stimulus. The Fed’s two-day meeting, which begins today will also be watched for clues on whether any slowdown in Europe or elsewhere could affect the central bank’s monetary policy. On Monday, October 27, some of the biggest financial news of the year made huge waves all over Asia. Yet in the Western press, this hugely important event was barely even been mentioned.

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Silver Investment Demand To Increase By One Billion Ounces Over Next Decade

Silver Investment Demand To Increase By One Billion Ounces Over Next Decade

Investors are likely to increase their net silver purchases in the years ahead, largely due to an ongoing weak global economy, for capital preservation and silver’s pedigree as a leading industrial metal, according to a report released today by the Silver Institute. The report, entitled “Silver Investment Demand,” suggests that investors may accumulate as much as one billion additional ounces of silver in various investment instruments over the next decade. This is on top of the more than 860 million ounces of silver purchased as an investment since 2006.

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Is A Demand Shock In The Gold Market Coming?

Is A Demand Shock In The Gold Market Coming?

If the referendum in Switzerland goes in favor of the country going back to the gold standard, and other factors come into play in the global markets, the precious metal’s prices will skyrocket in no time. With all this said, every time gold bullion prices have declined, I have been telling my readers it’s a buying opportunity. The way I look at it, the precious metal has had a solid 12 years of gains and in 2013, when prices declined, it was pretty much a gift for investors.

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Russia Adds A Record 1.2 Mio Ounces Gold To Its Reserves

Russia Adds A Record 1.2 Mio Ounces Gold To Its Reserves

As evidenced by the Russian central bank, it appears that Russia has added another 1,200,000 ounces of physical gold to their reserves. Total Russian gold reserves now stand at 37,000,000 ounces, or 1049 tonnes. The following chart, courtesy Goldchartsrus, shows the increase of Russian gold reserves over the last 8 years. It is very interesting to note how September 2014 attributed to the biggest month-on-month increase ever. Only in May 2010 was there an increase which came close to the one of last month with an addition of 1.1 million ounces.

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The Development and Opening of China’s Gold Market

The Development and Opening of  China’s Gold Market

This is a translation of a speech delivered by Xu Luode, Chairman of the Shanghai Gold Exchange, about China’s gold market. He said he thinks China’s gold market is developing very well. He is very confident about the launch of our international board and very optimistic about the development of our gold market as a whole. In terms of development opportunities for the entire gold market in China. There is a tremendous potential for China’s physical gold market.

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