⛏ The Money Printer Is Coming Back

Silver’s “Cooling Failure” Cover Up
If you tried to trade silver last Thursday night, you saw something terrifying. Nothing. For 11 agonizing hours, the CME Group (the world’s largest derivatives exchange) went dark. Gold, oil, Treasury bonds, and crucially, Silver… all frozen. The “official” story will tell you it was a cooling system failure at the CyrusOne data center in Chicago. Maybe that’s true. But in my 20 years in this business, I’ve learned that there are no coincidences when money this big is on the line. Read on »

The Money Printer Is Coming Back—And Trump Is Taking Over the Fed
Something happened two days ago that barely made headlines but will shape markets for years to come. On December 1st, the Federal Reserve officially ended quantitative tightening. After three years of what was supposed to be draining liquidity from the system, the Fed threw in the towel. Let me bring you up to speed on what actually happened—and why it matters. Read on »

"No Longer Gold's Quiet Sidecar": Silver Surges To Record High As China Demand Exacerbates Squeeze
As we have detailed extensively recently (here, here, and here), silver's latest breakneck surge to record highs was in large part due to collapsing inventories of the precious metal in Chinese warehouses linked to the Shanghai Futures Exchange, which just hit the lowest level since 2015. The squeeze continues to accelerate and this morning the white metal topped $59 - a new record high... Read on »