Short Position on Silver Prices; George Leef on Sound Money

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up we’ll dive into a disturbing topic of just how far our nation has strayed from the Founding Fathers’ ideals when comes to sound money – with devastating effects on our freedoms and the economy. In my exclusive interview with George Leef of Forbes Magazine, you’ll also learn about the growing movement to restore gold and silver back into the monetary system. Don’t miss my conversation with George Leef, coming up after this week’s market update. A busy news week in Washington gave investors cause for both hope and […]

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Far too much debt and currency are created

What happens when new currency is create with few limits by central banks and commercial banks? Answer: Far too much debt and currency are created. Central Bank Balance Sheets have increased by $ 10 trillion in the last decade and $ 1 trillion YTD in 2017. What happens when an extra $ 10 trillion in central bank debt plus another $ 80 trillion or so in other global debt is created in a decade? Answer: Prices rise because each fiat currency unit purchases less. Market                               […]

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Global Silver Mining Industry Productivity Falls; Lowest in History

After the Primary Silver Mining Industry enjoyed a brief increase in productivity over the past two years, it fell to the lowest ever in 2016. The reason the primary silver mining industry’saverage yield increased in 2014 was due to the addition of Tahoe Resources high-grade Escobal Silver Mine. Tahoe’s Escobal Silver Mine’s average yield in 2014 was an astonishing 16.3 ounce per ton (oz/t). Not only did Escobal Mine enjoy one the highest silver yields in the world, it produced over 20 million oz (Moz) in 2014. Thus, the addition of Tahoe to the Top Silver Miners pushed their average […]

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Profitable Insights from Money Metals’ Exclusive Podcast Interviews

Dr. Marc Faber, editor and publisher, The Gloom, Boom & Doom Report (4/7/17): “I think that the economy is not going to do as well as people expect… My sense is that the economy in the U.S. is weakening and not strengthening.” “Hard assets such as precious metals are at the historical low point compared to financial assets, so I think going forward there’s a huge discrepancy in performance between financial assets and gold. Hard assets will come back into favor.” “For the rest of 2017, I think that gold shares are an attractive asset class. Precious metals can easily […]

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Taxpayer Pain, Debt Ceiling; Frank Holmes on Trump and Gold

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up Frank Holmes, CEO of U.S. Global Investors joins me to share his thoughts on Trump’s first 100 days, the resetting that’s going on the global political front and gives what he sees as a very realistic price target for gold before the end of the year. Be sure to stick around for a fantastic interview with Frank Holmes, coming up after this week’s market update. Precious metals markets are putting in a mixed performance this week as gold prices hold above their breakout level from the prior week. […]

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Decline in Peru’s Silver Production, Future Supply at Risk?

The Peru Ministry of Energy and Mining just released their silver production data for February, and it was a whopper to the downside. Actually, I was quite surprised to see how much Peru’s silver production declined versus the same month last year. Also, Peru’s gold February production took a similar big hit. According to the Peru Ministry of Energy and Mining data, the country’s silver production fell 12% to 323.1 metric tons (mt) this February versus 367.4 mt the same month last year: This is a 44 mt decline in one month, nearly 1.5 million oz lost. Here is the […]

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Paper Gold Trading Market Continues To Depress Price

How do you depress the physical gold price? It’s quite easy… you throw $ 10 trillion paper dollars at it. Not only did global paper gold trading amount reach a new record in 2016, it surpassed the previous year’s total by nearly 50%. This is simply amazing when we look around at the staggering amount of insanity taking place in the financial markets. With the economic and financial markets sitting at the edge of the cliff, it would seem prudent for investors to curtail their highly leverage bets in the “Paper Gold Casino” and buckle down by purchasing real physical […]

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The Record Year for Imported Silver

How many precious metals investors know the year the United States imported a record amount of silver? This figure is so great, there is no other single year in U.S. history that comes anywhere close to this amount. Even more impressive than that, it turns out to be more than double the global annual mine supply that year. It is such an unbelievable amount, its record has never been surpassed to this day. Actually, I was quite surprised by the data when I was researching through some old official records. Even though the United States currently imports a lot of […]

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EU Bureaucrats Fume at Trump; Stefan Gleason Speaks on Monetary Reform, the War on Cash, and Metals Investing

I’m Mike Gleason and welcome to this week’s Market Wrap Podcast. Coming up we’ll hear a fascinating and informative interview Money Metals president Stefan Gleason gave for the Sustainable Money podcast. Stefan shares some of the history behind sound money, when and where the wheels came off our monetary system, some disturbing developments in the war on cash movement and also goes through some dos and don’t when it comes to purchasing gold and silver. You will not want to miss this fantastic interview, coming up after this week’s market update. Gold and silver markets rallied early in the week […]

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U.S. Ponzi Retirement Market In Big Trouble, Protect Yourself With Precious Metals

The U.S. Retirement Market is in BIG TROUBLE as annual benefits paid out are now larger than total contributions. Actually, the amount of net withdrawals were the highest in history. When payouts become larger than contributions… then we have the making of the typical PONZI SCHEME. Americans who have invested their hard-earned money into a 401K, had no idea that it was the Greatest Ponzi Scheme in history. Unfortunately, when the markets crack, so will the value of the U.S. Retirement market. On the other hand, Americans who were wise enough to purchase physical precious metals will protect their wealth […]

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