Commodity Trade Mantra

market insights

India Issues Its First Sovereign Gold Coin… to Curb Gold Imports

It’s estimated that less than 10% of all Indian gold demand is in bars & coins. That might change this month as the India Government Mint will issue its first-ever sovereign gold coin, just in time for the fall festival season, which kicks off Nov 11. The gold coin will reportedly feature the Ashoka Chakra, the traditional 24-spoked symbol that appears on India’s national flag.

Key Chart Shows Silver at Critical Crossroads

Silver spot prices haven’t been affected yet. However, the weekly silver chart shows an interesting wedge pattern developing. Silver prices briefly touched the bottom of the wedge last week before closing near the top. A solid weekly close above $15.50 would represent a bullish upside breakout, while a decisive break below $14.50 would carry bearish near-term implications.

A Reality Check of the Gold and Silver Market

If you want realistic answers as to why gold and silver have not rallied to reflect the huge demand for their limited supply, look no further than the ongoing events unfolding around the world as diversions to keep the elite’s theft-of-the-world’s-wealth-by-fiat under control. That is reality in a nut shell.

Emerging Market Meltdown May Plunge Global Economy Into Recession

When the Fed effectively telegraphed its new reaction function last month, the FOMC served notice to the world that it was not only acutely aware of what’s going on in emerging markets, but also extremely worried about the possibility that hiking rates could end up triggering something far worse than the “tantrum” that unfolded across EM in 2013.

How Inflation Could Be Caused in 15 Minutes

So-called “money printing” is seen as a certain path to inflation. The Fed has printed almost $4 trillion since 2008. Yet inflation (at least as measured by official statistics) is barely noticeable. With so much money around, where’s the inflation? Increased money supply alone does not cause inflation. The money must be borrowed and spent.

The Reality Behind the Numbers in China’s Boom-Bust Economy

The US Federal Reserve orchestrated an artificial boom from 2001 to 2007 through artificially low interest rates, paid for it with millions of destroyed jobs, wasted labor & wasted resources, but has resumed doing so once again. The Chinese Central Bank learned nothing from the Fed’s catastrophic experiment for its economy. They will reap the same rewards.

Acute Silver Coin Shortage as Demand Hits the Roof

The global silver coin market is in the grips of an unprecedented supply squeeze, forcing some mints to ration sales and step up overtime while sending U.S. buyers racing abroad to fulfill a sudden surge in demand. Silver prices have fallen 7% this year, are on track for their third yearly loss and down by 70% from all-time highs of $50 hit in April 2011.

Mining Giant Glencore To Sell Gold & Silver Output To Pay Down Debt

In an ironic twist of fate, the mining conglomerate Glencore is seeking to pay down its massive debt by selling future gold and silver output. While this is only part of its solution to pay down a third of its $30 billion in debt, it’s quite interesting that the company is selling forward production of two of the most despised monetary metals in the Mainstream Media.

follow us

markets snapshot

Market Quotes are powered by

live commodity prices

Commodities are powered by

our latest tweets

follow us on facebook

editor´s picks

Markets Today

news & commentary from the web


  • The Biggest Silver & Gold Scam In History

  • War on Cash, Bank of England Planning Hyper QE, Scrapping Cash for Digital Currency

  • Ted Butler On JPM Cornering The Silver Market

  • Stimulus Overdose to Kill the Economy, but not the Stock Market