Metals

LBMA Silver Inventories fall to a near 6 Year Low below 1 billion ounces

by Ronan Manly, BullionStar: One trend in the precious metals markets which has yet to get widespread coverage but deserves more attention is the plummeting inventories of physical silver in the London vaults of the London Bullion Market Association (LBMA). These LBMA vaults comprise vaults in and around London run by the bullion banks JP Morgan, HSBC […]

USA REPORTS A HUGE DROP OF .9% SETTING OFF A FIRESTORM AS THE USA IS OFFICIALLY IN A RECESSION

by Harvey Organ, Harvey Organ Blog: GOLD AND SILVER HAD STRONG DAYS POST FOMC: GOLD UP $31.25 TO $1752.50//SILVER UP A STRONG $1.24 TO $19.91//PLATINUM UP $1.15 TO $890.25//PALLADIUM UP $83.45 TO $2094.20//COVID UPDATES: DR PAUL ALEXANDER//VACCINE INJURY REPORT//VACCINE IMPACT REPORT//UPDATES RE GAZPROM DELIVERIES TO EUROPE//USA REPORTS A HUGE DROP OF .9% SETTING OFF A […]

CANADA SET TO IMPLEMENT FERTILIZER BAN SIMILAR TO WHAT HAPPENED IN HOLLAND AND SRI LANKA

by Harvey Organ, Harvey Organ Blog: GOLD CLOSED DOWN BY ONLY $1.60 TO $1719.45 ON COMEX EXPIRY//SILVER CLOSED UP BY 16 CENTS TO $18.63//PLATINUM WAS DOWN $4.40 TO $879.90 AND PALLADIUM WAS UP $5.00 TO $2015.50//COVID UPDATES//DR PAUL ALEXANDER UPDATES//VACCINE IMPACT//UPDATES ON GAZPROM SHUTDOWNS: EUROPE WILL REDUCE DEMAND BY 15% TO TRY AND SAVE THEMSELVES […]

Now in Effect: Virginia Law Expands and Extends Sales Tax Exemption on Gold and Silver

by Peter Schiff, Schiff Gold: On July 1, a Virginia law extending and expanding a sales tax exemption on the sale of gold and silver bullion and coins went into effect. Ending the sales tax will relieve some of the tax burdens on investors, and take a step toward treating precious metal bullions as money instead […]