Supply and Demand 1 December

Let’s consider speculation and arbitrage, and look at what it really means when the cobasis is deeply negative, in that light. This is the case in silver. Per the definition of cobasis = Spot(bid) – Future(ask), it means either that physical metal … [...]

Supply and Demand 1 December

Let’s consider speculation and arbitrage, and look at what it really means when the cobasis is deeply negative, in that light. This is the case in silver. Per the definition of cobasis = Spot(bid) – Future(ask), it means either that physical metal … [...]

Supply and Demand Report: 15 Sep, 2013

In this report, we look at supply and demand fundamentals in the gold and silver markets. In brief, the basis and cobasis are spreads between the spot and futures market. A rising basis and falling cobasis indicate increasing abundance. A falling basis… [...]

A SmartKnowledgeU Exclusive Interview with World Bank Whistleblower Karen Hudes: "The World Will Reject Central Bankers"

Recently, courageous World Bank whistleblower Karen Hudes was gracious enough to grant SmartKnowledgeU a thought-provoking interview regarding her thoughts about where we stand and where we are heading in this global monetary crisis and currency war. A… [...]

To Goldman, Lower Syrian War Risk Is Offset By Rising Oil Backwardation

What is offsetting the drop in crude prices following Obama’s latest embarrassing backtracking from his “blow things up first, ask Congress later” peace track? According to some, it is this note from Goldman which suggests oil price pressure from an im… [...]

COMEX Default Risk As Gold Inventories Plummet 36%

Today’s AM fix was USD 1,373.00, EUR 1,037.32 and GBP 874.30 per ounce.Yesterday’s AM fix was USD 1,386.00, EUR 1,050.56 and GBP 884.27 per ounce.   Gold fell $2.00 or 0.14% yesterday, closing at $1,386.50/oz. Silver fell $0.14 or 0.59%, closi… [...]

Supply and Demand Analysis of Gold and Silver

There is a tradable approach to analyzing the fundamentals of supply and demand in the monetary metals markets. This article is a brief summary of the approach we take at Monetary Metals (and we also released a video that presents some of the ideas in … [...]

Gold’s Strongest Months Since 1975 Are September And November

Today’s AM fix was USD 1,392.75, EUR 1,051.85 and GBP 899.19 per ounce. Yesterday’s AM fix was USD 1,406.25, EUR 1,059.96 and GBP 906.79 per ounce. Gold fell $8.60 or 0.61% yesterday, closing at $1,407.10/oz. Silver fell $0.44 or 1.81%, closin… [...]

Research: Gold Acts As A Safe Haven Against USD And GBP

Today’s AM fix was USD 1,374.50, EUR 1,028.59 and GBP 880.30 per ounce. Yesterday’s AM fix was USD 1,370.50, EUR 1,027.28 and GBP 879.60 per ounce. Gold climbed $7.20 or 0.53% yesterday, closing at $1,374.60/oz. Silver rose $0.13 or 0.57%, clo… [...]

Don’t Trade Last Week’s Silver Story!

Since February of this year, there has been at least one silver contract in backwardation. Since May 31, the September contract has been backwardated. But that has now come to an end. Before we get to the graphs, let’s define our terms. Some people l… [...]