Good Reads
The Financial Hand Grenade
A financial network you’ve never used settled $11 trillion. That’s Visa’s entire annual volume. Almost nobody in traditional finance noticed. No banks were used. No wire transfers. No SWIFT codes. But the company behind it noticed. And then they did something that won’t make sense to you yet. They started buying physical gold. Tonnes of it. Every single week. Read on »
Silver price whipsaws again as thin liquidity fuels wild swings
Spot silver was up more than 9% to above $77 an ounce by mid-afternoon in New York on Friday, having earlier tumbled toward $64. That followed a 20% decline in the previous session that wiped out all of the metal’s gains from a spectacular rally last month. Gold also advanced after an earlier retreat. Read on »
Gold Hit $5,000—But Miners Are Priced Like It's Still $2,000
Over the past two weeks, I’ve shown you different angles on the same story: gold breaking records while mining stocks lag behind. Silver hitting all-time highs with miners barely keeping pace. The sector trading at valuations we haven’t seen in generations. It all points to the same conclusion: mining stocks are absurdly cheap right now. Read on »
Community News