Category: Silver / Gold

Yesterday, I compiled the stats for silver. https://revealingfraud.com/2019/07/silver-gold/current-2018-bis-other-precious-metals-derivatives-data/ Today, gold. https://stats.bis.org/statx/srs/table/d5.2 $513 billion of “Notional amounts outstanding” gold derivatives contracts among BIS reporting banks. (2018) Gross market value: $21 billion. LBMA Vault Holdings of gold: http://www.lbma.org.uk/london-precious-metals-physical-holdings-statistics As at end March 2019, there were 7,671 tonnes of gold, valued at $319.5 billion LBMA has today announced… Continue reading Current (2018) BIS “other precious metals” derivatives data vs. LBMA Vault Holdings: Gold

See also the data for gold: https://revealingfraud.com/2019/07/silver-gold/current-2018-bis-other-precious-metals-derivatives-data-vs-lbma-vault-holdings-gold/ BIS data of “other precious metals” compared to “LBMA vault holdings of silver” is not a perfect measure of excessive nature of the fraud of OTC “over the counter” futures contracts. But the large financial institutions are very stingy with their data, and this is the best data… Continue reading Current (2018) BIS “other precious metals” derivatives data vs. LBMA Vault Holdings: Silver

RenTech Has Been Pulling Money From Deutsche Bank for Months By Sonali Basak , Donal Griffin , and Katherine Burton July 5, 2019 https://www.bloomberg.com/news/articles/2019-07-05/rentech-has-been-pulling-money-out-of-deutsche-bank-for-months https://en.wikipedia.org/wiki/Renaissance_Technologies ” Because of the success of Renaissance in general and Medallion in particular, Simons has been described as the best money manager on earth.[14][15][16] By October 2015, Renaissance had roughly $65 billion… Continue reading Trouble at Deutsche Bank?

http://www.dogsofthedow.com/largest-companies-by-market-cap.htm Symbol Company Cap Rank Market Cap 1d Chg 1m Chg 12m Chg – – on 7/5/19 on 7/5/19 on 7/5/19 on 7/5/19 on 7/5/19 MSFT Microsoft 1 1,050.3 -0.3% 8.9% 37.4% AMZN Amazon.com 2 956.6 0.2% 11.8% 14.3% AAPL Apple 3 939.7 -0.1% 11.9% 10.2% GOOGL Alphabet 4 786.0 0.9% 8.4% -0.8% FB Facebook… Continue reading Largest Companies by Market Cap

You are always going to get far greater leverage to the gold price among junior exploration companies compared to the major gold companies. The leverage of the major is about 3, whereas the leverage among the juniors is about 70. Newmont Goldcorp 819.63M shares outstanding x $37.45/share = $30.7 billion market cap Source: https://investors.newmontgoldcorp.com/stock-information/default.aspx Newmont… Continue reading Gold Major & 2 Juniors, Leverage Compared

Published: June 25, 2019 5:10 p.m. ET Merrill Lynch’s global commodities trading business agreed to pay $25 million and enter into a non-prosecution agreement with the Department of Justice on Tuesday to settle charges regarding a multi-year scheme by its precious metals traders to mislead the market for precious metals futures contracts traded on the Commodity… Continue reading Merrill Lynch fined by DOJ, CFTC for ‘spoofing’ in precious metals futures

(The World’s Biggest Fraud!) Silver Stock Report by Jason Hommel, April 8th, 2010 antitrust.complaints@usdoj.gov     Citizen Complaint CenterAntitrust Division950 Pennsylvania Ave., NWRoom 3322Washington, DC 20530 Re: Reporting Antitrust Concernshttp://www.justice.gov/atr/contact/newcase.htm#submit Step 1: Fully Describe Your Concern 1.  What are the names of companies, individuals, or organizations that are involved? The CFTC, the Commodity Futures Trading Commission, is withholding… Continue reading To the US Department of Justice!

Many people keep asking me to discuss the fundamentals of silver. Ok. But they don’t change much. Over 100 years ago, in the late 1880’s, Germany stopped using silver as money, going to a pure gold standard. This started an 80 year long trend of silver no longer being used as money. India abandoned silver… Continue reading The Fundamentals of Silver: January, 2009

(Oh, the Irony!) Silver Stock Report by Jason Hommel, November 15, 2008 I have listed a tiny amount of 10,000 ounces of silver for sale at www.seekbullion.com.  100 Engelhard 100 oz. bars.   These are the nicest bars in my collection, with the best Hallmark available.  They stopped making these bars about 20 years ago!  Engelhard was one… Continue reading Silver Available Amidst Shortages

(Offer Silver) Silver Stock Report by Jason Hommel, November 12th, 2008 Your mission, should you choose to accept it, is to offer to sell silver (at a small profit to you of at least $1/oz. over your replacement cost) in the next week to someone you know.  (And if you don’t know your replacement cost, then… Continue reading Mission Impossible

(To End the Evil Surmisings) Silver Stock Report by Jason Hommel, October 24th, 2008 I’m not planning on auctioning off any silver next week.   However, my mom, may offer up to 7000 oz. of silver next week at both her ebay store and seekbullion.com, and my business partner, the owner of silveriswealth.com is offering 7 bags of $1000 face value of… Continue reading I’m a Silver Buyer

Silver Stock Report by Jason Hommel, October 20th, 2008 In my last auction, that is now closed, a customer bought 16 out of the 24 bags, for $149,055.08, which was for a total of 11440 ounces (16 x 715), which brought the “per oz.” price to $13.03.  In the last hour before the auction close, the… Continue reading High Silver Premiums Explained

Real Silver Protects from Fraud Silver Stock Report by Jason Hommel, October 19th, 2008 When I first discovered the fundamentals of the silver market ten years ago, I was as giddy as a schoolgirl, and I knew I had to get as much as possible, as soon as possible.  But I had little money.  But my… Continue reading The World is Filled with Silver Fraud

(http://www.seekbullion.com) Silver Stock Report by Jason Hommel, October 15th, 2008 In most auctions, people tend to wait until the last few hours to bid, and there are 4 hours left.  The lowest bids are already about $14.50-15/oz., ($4-$4.60 over spot) at this point, a premium of 38% to 43%.  So I’m concerned people may begin to overbid.  But it’s not… Continue reading Final Auction Notice!: 125 Engelhard 100 oz. Silver Bars

(Third auction!) Silver Stock Report by Jason Hommel, October 8 2008 As you may know, the 100 oz. bars are the most premium form of silver bullion available to investors.  They are most compact, easiest to handle, easiest to count, forms of silver available for investors.  The 1000 oz. bars are ugly, too heavy, odd weight, at about… Continue reading Auction: 125 silver 100 oz. bars — Engelhards

(A Handy Reference Guide for Journalists) Silver Stock Report by Jason Hommel, October 5th, 2008 Here’s my summary of the silver story in 154 words: Over 100 years ago, nations began stopping using silver as money, creating excess, cheap, silver.  That trend ended between 1964, the last year the U.S. minted silver coinage, and around… Continue reading 50 Lies About Silver