Hi Folks Check out this new website that determines the gold melt value of your gold scrap jewelry, bullion, and coins....
Interesting time for Silver (and other precious metals) - after a solid rebound recently. If anyone is interested in following precious metal...
Very true. Debt is a liability to someone and a asset to someone else. As we have seen in Greece, people are more than willing to take on debt,...
Agree, low correlation. However, over time, things have a tendency to revert to the mean. To do this, oil needs to rise or gold needs to fall....
Either oil is cheap Or gold is expensive Relatively speaking. Personally, I suspect it is the former. Many oil producers need much higher prices...
As of 19th January 2016 was at 38.16 http://www.ptcalc.com/gold-to-oil-ratio-history.php Average is around 16.3 (since 1986)
Hi All FYI, for anyone interested in learning more about the palladium supply and demand fundamentals:...
Interesting post. Yeah +5% sounds right. It must be tough being a retailer as the prices have been falling recently. They may be selling their...
Seems like the tide is turning in favor of precious metals. Highest silver price since June 2015.
Broken through $900USD/oz today. The VW diesel emission scandal is causing weak sentiment towards diesel cars. From what I know, diesel cars use...
Agree. Selling down cash reserves to stimulate domestic economies. PMs should benefit from devaluing of currency
PAIN! http://www.smh.com.au/business/markets/currencies/australian-dollar-tipped-to-drop-below-us60-in-canadianstyle-plunge-20150720-gifttg.html...
The screws are turning ... The French Government will limit cash payments to 1,000 euros, compared to 3,000 euros. For non-residents (mainly...
Countries go to extreme lengths to protect their currencies. I like Gerald Celente "It's always about Oil , would we be in Iraq if the Export was...
Bounced back pretty quick
Agree, money is essentially a "promise to pay a bearer on demand". Precious metals have no third party credit risk. Seems like a good insurance...
Deflation raises the real price of debt -> Defaults -> Flight to Safety -> Precious Metals Deflation then inflation
In Australia platinum is the only PGM bullion that you can get without paying goods and services tax (GST). Reached a low of around $1310 AUD...
Interesting facts. Here are some supply and demand charts. http://www.ptcalc.com/platinum-supply-and-demand.php The thing I cannot get my head...
For the first time since GFC ... http://www.ptcalc.com/live-precious-metal-prices.php Seems like about a $50-$60 AUD premium over spot to buy in...
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