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Silver Is Significantly Undervalued – A Terrific Buy (Video)
Todd “Bubba” Horwitz explained to Kitco the fundamental reasons for buying gold and silver right now. He agrees fully with Peter Schiff that the Fed won’t raise rates anytime soon:
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Todd “Bubba” Horwitz explained to Kitco the fundamental reasons for buying gold and silver right now. He agrees fully with Peter Schiff that the Fed won’t raise rates anytime soon:
The the Bank of Russia bought 1 million ounces of gold in August alone. That boosted the country’s gold reserves to 42.4 million ounces as of Sept. 1, according to an announcement by the bank last Friday. The value of the central bank’s holdings rose to $47.68 billion from $44.96 billion a month earlier. The […]
The demand for physical silver rose through the first half of 2015. The need for silver in manufacturing, its expanding use in health applications, and increased demand for silver jewelry all helped drive the surge. According to GFMS Thomson Reuters, the precious metals consultancy, imports of silver into the United States jumped 11% through the […]
Our readers often ask tough questions about the economy, monetary policy and precious metal markets. During a recent interview, Gold Standard Institute USA president Keith Weiner provided some insightful and clear-cut answers to some of the complex issues facing us today. Weiner was first asked to pinpoint the root of today’s economic mess. He summarized […]
Thus far, the so-called economic recovery has done little to improve the lives of everyday Americans. In yet another sign that the recovery is an illusion, figures released last week and reported by Reuters show American’s household income lost ground last year. The data released by the U.S. Census Bureau on Wednesday, which showed the […]
At the end of 2014, the New York Fed reported a surprisingly high delinquency rate for student loans – 11.3%. Now the latest data released by the White House reveals that number may in fact be dramatically higher. As the Wall Street Journal reports: New figures covering more than 3,700 schools were released as part […]
An apparent gold scam recently uncovered in Austin, Texas, serves as reminder for investors to use caution when dealing with small, unknown companies. According to the Austin American-Statesman, the vaults belonging to an Austin company claiming to store millions of dollars in precious metals for its customers turned up virtually empty.
The latest update from CME Group shows a huge outflow of gold held for delivery by Comex. There are now less than 6 tons of registered physical gold available for delivery. For every 207 ounces of gold claimed by paper contracts on the Comex market, there is only one ounce of physical gold in Comex […]
The world’s two leading consumers of gold continue to demand more. Gold imports spiked in India in August, building on a year-long trend, as gold also continued to flow into China. According to the Times of India, 15.78 metric tons of gold were imported into India last month. That compares to 7.2 tons of gold […]
Foreign central banks want their gold back and they are pulling it out of Federal Reserve bank vaults. According to a recent Federal Reserve report on its foreign official assets, physical gold holdings fell 9.6 tons last month to 5,950 tons. Total foreign physical gold held by the Fed now sits at just over $8 […]