Russia’s central bank suspends gold purchases
I guess the oil war is taking a toll on Russia. Let's see if gold demand from the rest of the market is enough to make up Russia's central bank…
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2020-04-01
Swiss Refineries based in Ticino will not produce next week
https://twitter.com/GoldSwitzerland/status/1243870063305908225?s=20
2020-03-29
Comex makes changes to Futures contracts
COMEX makes changes to the futures rules in attempt to fix bullion shortage crisis. Delivery can now be done in varying sizes of bars and margin requirements have gone up.…
2020-03-27
Many ETFs are warning of getting broken
Are you using ETFs? Watch out - many are warning they may get broken. ETFs are rushing to add market disruption risk and Covid19 pandemic to their prospectuses. If you…
2020-03-26
The volatility on Gold is becoming like Bitcoin
The volatility on gold is becoming like bitcoin. We may discover some other striking similarities too. Bitcoin is the ultimate momentum stock - when it’s up, everyone wants to jump…
2020-03-25
Platinum is recovering
Platinum turned around after hitting USD 562 which is almost giving it away for free. As shortages occur in the Gold and Silver markets, I wonder whether people will switch to…
2020-03-25
Gold futures market has run out of gold
Gold futures market has run out of gold to deliver as metals refiners shut down and air lines grind to a halt because of Covid19. The April gold contract is…
2020-03-25
Royal Canadian Mint temporarily suspends operations for Covid19
Royal Canadian Mint is temporarily suspending operations because of Corona virus. Expect premiums to go up again.
2020-03-24
