dollar-gasp-debasement

Mike Maloney glimpses into the near future to show you how fast the U.S. dollar and economy could collapse.

SD Weekly Metals and Markets

SD METALS & MARKETS

Expert Gold, Silver, and Energy Analyst SRSRocco Joins the Show This Week, Discussing:

  • Bull Market Reboot – Gold and Silver Are Being Attacked By TPTB, But They’re Losing Control!
  • What Happens if Stocks and Bonds Crash?  5% In Gold is a Joke! 
  • Are We In the 2nd Inning of the Most Powerful Bull Market in History?
  • The Big Change: Expert Explains Why It Will Be Important to Own Gold and Silver in the Next 3-5 Years
gold

gold

TND Guest Contributor:  Steve St. Angelo | SRS Rocco Report

The spike in the gold price during the holiday weekend triggered a record ONE-DAY surge in mainstream investor gold demand.  Investors in the West watched over the fourth of July holiday weekend as the gold price continued higher on early morning trading on Monday.  By the time gold opened on Tuesday, the price was already $15 higher.

Mainstream investors who thought the gold price may come under pressure at Tuesday’s market open, were caught by surprise as the yellow metal continued to rally even higher.  This caused a massive one-day surge in mainstream investor Gold ETF’s and Fund demand.  How much gold flooded into Gold ETF’s and Funds on July 5th?  Take a look at the chart below:

Transparent-Gold-Holdings-1-Month-070516

Mainstream investors piled into gold on Tuesday, July 5th, thus pushing the ONE-DAY flow into Gold ETF’s & Funds to a record 1.4 million oz (Moz).  Let me tell you… this is one hell of a lot of gold.  Even if we go back and look at a six month chart from Sharelynx.com, the amount of gold that flowed into Gold ETF’s & Funds surpassed the previous record in February when investors were fleeing stocks and moving into gold as the Dow Jones and broader markets were getting crushed.  The Dow Jones fell 2,000 points in a matter of weeks:

Transparent-Gold-Holdings-6-Month-Chart-070516

The one-day previous record set back in February was approximately 1.25 Moz.  However, the 1.4 Moz of gold that flowed into Gold ETF’s & Funds on July 5th was the result of the surging gold price, not the falling stock markets.  What happens when the markets crack as the gold price spikes higher??  We could see double or triple that amount in just one day.

To give you an idea of just how much gold supposedly moved into Global Gold ETF’s & Funds on Tuesday, July 5th, take a look at this chart:

Flows-Into-Gold-ETF-Funds-On-July-5

Total world gold production last year was 100.7 Moz, according to the 2016 GFMS Gold Survey.  Thus, the world produced an average of 275,961 oz a gold per day.  The increase in Total Gold Holdings (Gold ETF’s, Funds & Exchanges) on July 5th was five days (1,415,000 oz) worth of global gold production.  Furthermore, the SPDR GLD ETF experienced the most inflow of gold at more than three days (926,000 oz) worth of world gold production.

Now, we don’t really know if that amount of gold actually went into the SPDR GLD ETF or other Fund’s inventories, but this sort of demand by the mainstream investor will be the key in pushing the gold market and its price over the edge.  As I have stated several times, the precious metals investor who purchases physical gold bullion only represents 0.5-1% of the entire market.

The fireworks will occur when just 1-2% of the mainstream investor tries to move into gold.

# # # #

steve-125x157-1About Steve St. Angelo

Independent researcher Steve St. Angelo (SRSrocco) started to invest in precious metals in 2002.  Later on in 2008, he began researching areas of the gold and silver market that, curiously, the majority of the precious metal analyst community have left unexplored.  These areas include how energy and the falling EROI – Energy Returned On Invested – stand to impact the mining industry, precious metals, paper assets, and the overall economy.

Steve considers studying the impacts of EROI one of the most important aspects of his energy research.  For the past several years, he has written scholarly articles in some of the top precious metals and financial websites.

You can find many of Steve’s articles on noteworthy sites, such as GoldSeek-SilverSeek, Market Oracle, Financial Sense, GoldSilver.com, SilverDoctors, TheNewsDoctors, TFMetals Report, Outsiderclub, SGTreport, BrotherJohnF, Hartgeld, Der-klare-blick, PeakProsperity, SilverStrategies, DollarCollapse, FurtureMoneyTrends, Sharpspixley, FinancialSurvivalNetwork, Pmbull, Deviantinvestor, PmBug, Wealthwire, and ZeroHedge.

Visit the SRSRocco Report website:  SRSRoccoReport.com

American-Silver-Eagle-Bullion-Coin

American-Silver-Eagle-Bullion-CoinTND Guest Contributor:  Steve St. Angelo

Americans and Canadians will likely face silver shortages in the future as investment demand continues to surge higher.  This will come at time as the silver price skyrockets, thus making it even harder for investors to acquire physical metal.

The U.S. and Royal Canadian Mints produce most of the Official Silver coins in the world.  In 2015, the combined total of Silver Eagles and Maples sales equaled 81.3 million ounces (Moz).  This is a stunning amount as their total sales in 2001 were only 9.2 Moz:

U.S-Canadian-Silver-Production-vs-Eagles-Maple-Sales

This chart was first published in my THE SILVER CHART REPORT.  It was one of 48 charts in the report on five sections of the Global Silver Market & Industry.

As the price of silver skyrockets during the next global financial collapse, the Silver Market will become one of the world’s most explosive markets in the future.

The Silver Chart Report is a must-read for the new and experienced precious metals investor. Most analysts focus on a certain area or sector of the silver market.

However, the information in this report illuminates a holistic view of many sectors of the silver industry, capturing the relationships that connect many parts of the market.

CLICK HERE to lean more about THE SILVER CHART REPORT.

As the chart above shows, U.S. and Canada had to import nearly 34 Moz of silver in 2015 just to supply the surging Silver Eagle & Maple demand of 81.3 Moz, as their combined silver production of 47.6 Moz fell significantly short.  This was a huge change since 2001, as the U.S. and Canada had 87.4 Moz of their domestic silver mine supply remaining after 9.2 Moz went to their U.S. Eagle and Maple sales.

Even though the U.S. and Canada had to import 34 Moz in 2015 just to supply their Official Silver coin program, this is only part of the total net physical silver investment deficit.  If we include total U.S. and Canadian Silver Bar & Coin demand, the silver investment deficit is much larger.

Surging U.S. & Canadian Silver Bar & Coin Demand Cause The Investment Deficit To Balloon Higher

If we add the revised Silver Bar demand published in the 2016 World Silver Survey, now including “Private silver bars & rounds”, this would be the result:

U.S.-Canada-Silver-Production-vs-Bar-Coin-Demand

I only revised the data for 2014 and 2015 which includes Silver Bar demand.  I could not revise the data for 2001-2013 as there isn’t enough detailed information in the World Silver Surveys to provide accurate figures.  However, we can now see just how much more physical silver investment demand there is in the U.S. and Canada when we include Silver Bar demand.

If I take these figures, now including private silver bars and rounds, we can see the huge impact on domestic mine supply since 2001:

U.S.-Canada-Silver-Mine-Supply-vs-Investment-Defict-2001-2015 - aaa

In 2001, the U.S. and Canada enjoyed a 86.1 Moz domestic silver mine supply surplus when total Silver Bar & Coin demand was deducted (Silver Eagle & Maple sales were 9.2 Moz and I estimated Silver Bar was 1.3 Moz for a total of 10.5 Moz).  However, the situation has totally reversed as U.S. and Canadian Silver Bar & Coin demand hit a record 133.1 Moz in 2015.

NOTE:  The World Silver Surveys do not provide actual Official Silver coin demand figures for the U.S. or Canada (or for any other country).  What they publish are total sales of each country’s Official Silver coin sales.  Many Silver Eagles & Maples are purchased by foreigners.  However, I believe Americans and Canadians purchase higher quantities of foreign Official Silver coins (Australian Kangaroos and Austrian Philharmonics) to offset Silver Eagles and Maples shipped abroad.

That 133.1 Moz Silver Bar & Coin demand figure for the U.S. and Canada includes 81.3 Moz of Silver Eagles and Maples as well as 51.8 Moz of reported U.S. Silver Bar demand (which now includes private bars and rounds).  GFMS did not include any data for Canadian Silver Bar demand.  Which means, the 133.1 Moz figure for the U.S. and Canada may be conservative.

That being said, the U.S. and Canada suffered a 85.5 Moz net physical silver investment deficit.  Which means, these two countries had to import 85.5 Moz of silver just to supply Silver Bar & Coin demand.  This is a big deal if we compare the change since 2001.

Total U.S. & Canada Silver Fabrication Supply Shortfall Triples Since 2001

According to the data from the 2010 World Silver Survey, total U.S. and Canadian silver fabrication demand in 2001 was 177 Moz.  Total silver fabrication demand includes industrial, jewelry, silverware and silver bar & coin.  Thus, the U.S. and Canada only had to import 80 Moz of silver to supply all their silver needs in 2001.

U.S.-Canada-Silver-Production-vs-Total-Fabrication - ccc

However, in 2015…. the situation changed drastically.  The 2016 World Silver Survey reports that total silver fabrication demand for these two countries was a staggering 307 Moz–Silver Bar & Coin demand accounted for 133 Moz (43% of the total).  Now that U.S. and Canadian domestic silver mine supply has fallen to only 47.6 Moz (in 2015), these two countries had to import nearly 260 Moz to supply all their silver needs.  This is more than three times what they had to import in 2001.

The white dotted lines in the total fabrication blue bars in the chart represent Silver Bar & Coin Demand.  In 2001, total Silver Bar & Coin demand was estimated to be 10.5 Moz, accounting for only 6% of total silver fabrication demand.  However, total Silver Bar & Coin demand in 2015 shot up to 133 Moz, which represents 43% of the total 307 Moz in total fabrication demand of these two countries.

Here is the CLINCHER.  Total U.S. and Canadian silver industrial, jewelry and silverware demand (minus Silver Bar & Coin), only increased from 166.5 Moz in 2001 to 174 Moz in 2015.  The big increase came from Silver Bar & Coin demand that jumped from 10.5 Moz in 2001 to 133 Moz in 2015.

The United States and Canada will be in serious trouble when the world wakes up to the “SILVER STORY.”  When institutions and hedge funds start to move into silver in a big way, there just won’t be enough silver to go around.  The biggest squeeze will occur in the U.S. and Canadian market, where silver investment demand is now the highest in the world.

Unfortunately, the U.S. and Canada will not be able to import enough silver to supply all of its silver needs…. only at much higher prices.  Even then, I believe we are going to experience severe silver shortages.

Some analysts say there is no such thing as a shortage.  They claim that a higher price will satisfy any shortages.  While that makes sense in FINANCE 101, it won’t work in the real market as investment demand skyrockets.

The Silver Threshold Line Will Likely Be Defended By The Bullion Banks

For those investors who thought we would continue to see much higher silver prices in early Asian trading today or in the Western markets tomorrow, don’t forget that the bullion banks will likely defend the 50 MA of $20.50.  Here is Kitco’s silver chart showing early Asian trading:

asia-trading

The yellow dotted line represents the $20.50 Threshold trend-line that I wrote about in my previous article, WATCH OUT If Silver Breaks Through This Threshold Line:

Silver-20-Year-Chart-070116-768x467 (1)

While I don’t pay much attention to short-term technical analysis, a lot of traders most certainly do.  Once silver closes well above that 50 MA (Blue Line), I believe we will see a lot more hedge funds and big investor pile into the silver market.  However, this is not something the Bullion banks would like to see as they are holding onto a lot of UNDERWATER short contracts.

So, don’t despair, as this is just part of the game.  At some point, an onslaught of traders moving into silver will totally overwhelm the bullion banks and we will finally see that Commercial Bank Short Squeeze from hell.  Investors need to realize that the Chinese who are now piling into Bitcoin, will likely make their way into silver.

……. it’s just a matter of time.

# # # #

steve-125x157-1About Steve St. Angelo

Independent researcher Steve St. Angelo (SRSrocco) started to invest in precious metals in 2002.  Later on in 2008, he began researching areas of the gold and silver market that, curiously, the majority of the precious metal analyst community have left unexplored.  These areas include how energy and the falling EROI – Energy Returned On Invested – stand to impact the mining industry, precious metals, paper assets, and the overall economy.

Steve considers studying the impacts of EROI one of the most important aspects of his energy research.  For the past several years, he has written scholarly articles in some of the top precious metals and financial websites.

You can find many of Steve’s articles on noteworthy sites, such as GoldSeek-SilverSeek, Market Oracle, Financial Sense, GoldSilver.com, SilverDoctors, TheNewsDoctors, TFMetals Report, Outsiderclub, SGTreport, BrotherJohnF, Hartgeld, Der-klare-blick, PeakProsperity, SilverStrategies, DollarCollapse, FurtureMoneyTrends, Sharpspixley, FinancialSurvivalNetwork, Pmbull, Deviantinvestor, PmBug, Wealthwire, and ZeroHedge.

Visit the SRSRocco Report website:  SRSRoccoReport.com

silver bull

TND Guest Contributor:  Steve St. Angelo

The huge Silver Rally this week took a lot of precious metals investors by surprise.  The silver price surged 15% since the BREXIT vote results last Friday.  Silver began trading at $17.25 last Friday and closed at $19.76 today.  Gold also performed very well by increasing 7%.

Precious-Metals-Spot-Price-070116-768x221

As we can see from the Kitco table above, silver had its best day in several years by jumping $1.06 as of the close this Friday.

Watch Out If Silver Breaks This Threshold Line

What is interesting about this present silver rally is shown the the chart below:

Silver-20-Year-Chart-070116-768x467

From 1996 to 2004, the price of silver traded below its 200 MA (RED LINE).  Once it jumped above it in 2004, it never fell below it except for the brief time it bounced off it at the end of 2015.  While I don’t pay a lot of attention to Technical Analysis, a lot of traders do.

What is important to notice in the chart is the 50 MA (BLUE LINE).  Once the silver price fell below the 50 MA at the beginning of 2013, it continued to decline over the next three years.  However, as the price of gold and silver started to rise in the beginning of 2016 and surge even higher after the BREXIT vote last week, silver is only $0.75 away from breaking through the 50 MA (BLUE LINE).

Once silver breaks above this 50 MA Threshold, I believe we are going to see a great deal more hedge fund and traders move into the silver market.  We may see the banks try and hold silver from crossing this trend-line, but if silver does close above $20.50 next week and continue higher… this could spell real trouble for the bullion banks who hold a great deal of silver short contracts.

Precious metal investors who were hoping for lower gold and silver prices to purchase more metal were caught by surprise as the silver jumped 15% in a week.  Those who have NOT YET BOUGHT METAL, you may be paying a lot more of the price of silver really starts to take off over the next several weeks.  I heard that several precious metals dealers said, “They had never seen anything like the kind of sales they were experiencing today.”

I will be putting out a very interesting article on the silver market next week that provides data showing how undervalued silver is compared to gold.

# # # #

steve-125x157-1About Steve St. Angelo

Independent researcher Steve St. Angelo (SRSrocco) started to invest in precious metals in 2002.  Later on in 2008, he began researching areas of the gold and silver market that, curiously, the majority of the precious metal analyst community have left unexplored.  These areas include how energy and the falling EROI – Energy Returned On Invested – stand to impact the mining industry, precious metals, paper assets, and the overall economy.

Steve considers studying the impacts of EROI one of the most important aspects of his energy research.  For the past several years, he has written scholarly articles in some of the top precious metals and financial websites.

You can find many of Steve’s articles on noteworthy sites, such as GoldSeek-SilverSeek, Market Oracle, Financial Sense, GoldSilver.com, SilverDoctors, TheNewsDoctors, TFMetals Report, Outsiderclub, SGTreport, BrotherJohnF, Hartgeld, Der-klare-blick, PeakProsperity, SilverStrategies, DollarCollapse, FurtureMoneyTrends, Sharpspixley, FinancialSurvivalNetwork, Pmbull, Deviantinvestor, PmBug, Wealthwire, and ZeroHedge.

Visit the SRSRocco Report website:  SRSRoccoReport.com

silver bull

silver bullTND Guest Contributor:  SRS Rocco Report

The event that will transform the Silver Market is when BIG MONEY finally moves into the sector in a BIG WAY.  Even though the precious metals prices experienced new highs in 2011, this was due to only a small fraction of investor demand.  The overwhelming majority of investors were still in playing in the Stock, Bond and Real Estate Markets.

However, the time when BIG MONEY finally moves into the precious metals sector grows closer each day.  Michael Belkin discussed this in his recent interview on Kingworld News.  Michael provides a very expensive newsletter to large clients (institutions & Hedge Funds) on what they should be buying.

During the end of 2015, Michael put a new gold stock newsletter in which he stated gold stocks were going to really take off in the beginning of the year.  A month later he came out with a group of silver mining stocks that he forecasted would experience tremendous gains.  Well, Mr. Belkin HIT THE NAIL ON THE HEAD.

Both the gold and silver mining stocks have performed incredibly over the past 4-5 months.  Mr. Belkin believes this is just the first inning of the precious metals bull market.  Moreover, Mr. Belkin believes when BIG MONEY finally moves into the precious metals market, it will really drive the prices to extremely high levels.

Before we get into understanding how BIG MONEY will impact the silver market, let’s look at interesting trends.

Two Interesting Trends In the Silver Market

These next two charts provide some insight of what is taking place in the silver market.  The first one is an updated chart on global silver bar & coin demand.  Before the first crash of the U.S. financial and economy in 2008, global silver bar & coin demand was 56 million oz (Moz).  However, this changed in 2008 as investors purchased nearly four times the amount in 2008 at 192 Moz:

Global-Silver-Bar-Coin-Demand-2006-2015

Even though there were some years were physical silver investment declined (2009 & 2012), the overall trend has been higher.  As we can see, investors purchased a record 292 Moz of silver bar & coin in 2015.  Basically, investors are buying physical silver at nearly six times the rate they were before the financial and economic turmoil in 2008.

NOTE:  This chart is using data from the GFMS Team at Thomson Reuters based on including private silver bar and coin demand.  This was the first year that private silver bar and coins were included in the data.  Thus, several prior years were revised higher due to adding in estimated private silver bar and coin demand to the total.

Thus, investors continue to purchase record amounts of physical silver investment even though the price has declined over the past five years.

Now, the next chart is more interesting for different reasons.  I was actually surprised by the data when I put it all together.  The amount of global silver scrap that enters the market is based on price.  The higher the price, the more silver scrap makes its way into the market.

However, if we look at the big drop of silver scrap in the past two years, we see a troubling trend:

 

Global-Silver-Scrao-Supply-2006-2015 (1)

That’s correct.  I took the total demand for each year and multiplied it by the average annual silver price.  The total amount of physical silver bar & coin demand was 1.57 billion oz, which was worth $35 billion.  That’s correct, total global physical silver investment equaled a lousy $35 billion.  That’s not much in the whole scheme of things if we compare it to the broader stock, bond and real estate markets.

Furthermore, if we include the amount of Dollars that trade daily on the FOREX market, it’s even more hilarious.  According to Fxweek.com, daily trading on the FOREX market was $5.3 trillion in 2013.  I would imagine that figure has increased since then.

Okay, if BIG MONEY moves into physical silver and only invests $100 billion, it would consume three times, or 4.71 billion oz of silver.  This is based on the total investment of $35 billion from 2008-2015.  Basically, three times the investment… three times the amount of silver needed.

Unfortunately, that amount of silver will not be readily available.  I would be surprised if BIG MONEY was able to acquire 500 Moz.  Which means, if supply is tight, then PRICE MOVES MUCH HIGHER.

This is not a matter of “IF”, it’s a matter of “WHEN.”  This last chart should make investors realize just how OUT-OF-WHACK the system has become.  In just six months, total Government Bond’s that have negative interest have almost doubled:

Amount-Of-Govt-Bonds-With-Negative-Interest

In the beginning of 2016, the governments of the world had $5.5 trillion in bonds with negative interesting.  Then just five months later, it surged to $10.5 trillion.  This is not a good sign at all.  For the amount of global govt. bonds with negative interest to nearly double in less than a year, investors should be extremely worried.

While Central Banks will continue to issue a bunch more bonds with negative interest, this is not a long-term sustainable policy.  When the system finally cracks, BIG MONEY will move into silver that will totally transform the market.  How high the price of silver goes… will be a sight to see.

# # # #

steve-125x157-1About Steve St. Angelo

Independent researcher Steve St. Angelo (SRSrocco) started to invest in precious metals in 2002.  Later on in 2008, he began researching areas of the gold and silver market that, curiously, the majority of the precious metal analyst community have left unexplored.  These areas include how energy and the falling EROI – Energy Returned On Invested – stand to impact the mining industry, precious metals, paper assets, and the overall economy.

Steve considers studying the impacts of EROI one of the most important aspects of his energy research.  For the past several years, he has written scholarly articles in some of the top precious metals and financial websites.

You can find many of Steve’s articles on noteworthy sites, such as GoldSeek-SilverSeek, Market Oracle, Financial Sense, GoldSilver.com, SilverDoctors, TheNewsDoctors, TFMetals Report, Outsiderclub, SGTreport, BrotherJohnF, Hartgeld, Der-klare-blick, PeakProsperity, SilverStrategies, DollarCollapse, FurtureMoneyTrends, Sharpspixley, FinancialSurvivalNetwork, Pmbull, Deviantinvestor, PmBug, Wealthwire, and ZeroHedge.

Visit the SRSRocco Report website:  SRSRoccoReport.com

steve-st-angelo-e1464811845734

steve-st-angelo-e1464811845734TND Podcast Spotlight:  Rory Hall, The Daily Coin 

When you sit down with Steve St. Angelo, SRSrocco Report you get the idea the conversation could cover the world. Steve’s work is focused on energy, mining and precious metals, three interconnected markets, but very different in nature.

The past several weeks I have had the pleasure of speaking with a great many people about the silver, which provides a great overview from different perspectives as to the health of the current situation with both silver and gold. When looking at the demand side of the precious metals markets one must take into account these markets are rigged by the bullion banks. This was recently confirmed by Deutsche Bank admitting, in a court of law, they had been rigging both markets. Deutsche Bank also named two other banks in the rigging of these markets.

This is Steve’s take on the reason for market rigging

The reason I believe the markets have been manipulated is because Wall Street and the U.S. government have bamboozled Americans as well other governments across the world to force their citizens to put their money or funds; since the 1970’s, let’s say 1980, pushed them into putting their funds into paper assets. That’s the manipulation. Steve St. Angelo, The Daily Coin

The silver market has several completely separate dynamics impacting the market; all converging as you read these words.

– China, India and Morocco have massive solar energy programs with a combined plans for more than 150 million homes in the three countries

– Supplies from silver mines are slowing – 2015 mine supply totaled a mere 2% growth as mines were high grading (the easiest, readily available) and digging out as much as possible due to the low price of silver – this should translate to lower production in 2016

– Electronics companies are taking delivery of silver directly from silver mines

– China is purchasing or acquiring controlling shares of mines, both gold and silver, around the world

– American Silver Eagles and Silver Maple Leafs are on pace to set new all time sales records for the third and second consecutive years, reepectively.

These mining operations are dependent upon steady supplies of inexpensive energy (e.g. cheap oil). For the time being, mining operations are able to cut cost due to the global oversupply of oil. This will not last, as oil reaches markets and is either stored for future use or delivered into the market place. How much longer will this continue? You will have to confer with the so-called “market makers” for that information.

As energy return on investment begins to dwindle the impact on the mining industry will create slow downs and/or shut downs of the weaker operations leaving only the big players with very deep pockets to continue mining precious metals. The implications of this aspect of mining is yet untested, however, as the year progresses this picture will become ever clearer with more mergers and acquisitions or mines simply shutting down as the current price of silver does not produce enough profits for these mining operations to continue.

Where will future silver supplies for manufacturing come from? How will these giant technologies companies, like GE, Samsung, Apple, etc, continue producing their silver dependent products?

One of two ways – either these companies will get into the mining industry and begin purchasing mines or they will go outside the traditional channels and begin forging alliances directly with silver mining companies. Your not to stop producing televisions, cell phones and the like because you can’t source $1.00 worth silver! You will figure out a way to acquire the silver and maintain that source as long as possible. This is exactly what is happening. This change has only occurred with the more progressive, forward thinking companies but it would appear this will become more wide spread over the next 1-2 years as the mining industry continues struggling with unnatural low prices of precious metals.

# # # #

About The Daily Coin:

the daily coin

Rory Hall, Editor-in-Chief, The Daily Coin, has studied the precious metals market, economic and monetary policies as well as geopolitical events since 1987. I have written well over 700 articles and produced more than 200 videos. Beginning in 2014 The Daily Coin became my latest incarnation. Prior to launching my own website and YouTube channel I began working with Sean at SGTReport.com in 2012 and still contribute, daily, to his website.  The YouTube Channel, The Daily Coin, was launched in February 2014 and website TheDailyCoin.org was launched April 2014. My original articles have been published by such notable websites as Zerohedge, SHTFPlan, Sprott Money, Silver Doctors and The News Doctors just to name a few. I have interviewed some of the top professionals, in their field, from around the world, including Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Gerald Celente and Peter Schiff, to name but a few. The Daily Coin is enjoying global growth for both original works and delivering some of the best economic, precious metals, geopolitical and preparedness news from around the world.

TND full (1)

Follow All Of TheNewsDoctors.com’s Exclusive Articles:

http://thenewsdoctors.com/category/thenewsdoctors-exclusive/

OR

Subscribe To Receive All TND’s Exclusive Articles In Your RSS Feed:

http://thenewsdoctors.com/category/thenewsdoctors-exclusive/feed/

 

gold bars

SRSroccoReport-Logo-230x123-pxTND Podcast Spotlight: SRS Rocco Report

This is an important precious metals update by Tom Cloud.  Tom first discusses how banks are buying more gold because it was raised to a Tier 1 asset on the bank’s balance sheet.  It’s not just Central Banks buying gold, it’s also smaller regional banks as well.

Tom also discusses what he is hearing about in the precious metals wholesale market.  He discusses new buyers coming in with very large preliminary orders.  Also, the wholesalers are warning of possible big delays this fall for certain precious metals products.

Lastly, if you haven’t checked out our new PRECIOUS METALS INVESTING page, I highly recommend you do.

Check back for new articles and updates at the SRSrocco Report.  You can also follow us at Twitter, Facebook and Youtube below:

# # # #

steve-125x157-1About Steve St. Angelo

Independent researcher Steve St. Angelo (SRSrocco) started to invest in precious metals in 2002.  Later on in 2008, he began researching areas of the gold and silver market that, curiously, the majority of the precious metal analyst community have left unexplored.  These areas include how energy and the falling EROI – Energy Returned On Invested – stand to impact the mining industry, precious metals, paper assets, and the overall economy.

Steve considers studying the impacts of EROI one of the most important aspects of his energy research.  For the past several years, he has written scholarly articles in some of the top precious metals and financial websites.

You can find many of Steve’s articles on noteworthy sites, such as GoldSeek-SilverSeek, Market Oracle, Financial Sense, GoldSilver.com, SilverDoctors, TheNewsDoctors, TFMetals Report, Outsiderclub, SGTreport, BrotherJohnF, Hartgeld, Der-klare-blick, PeakProsperity, SilverStrategies, DollarCollapse, FurtureMoneyTrends, Sharpspixley, FinancialSurvivalNetwork, Pmbull, Deviantinvestor, PmBug, Wealthwire, and ZeroHedge.

Visit the SRSRocco Report website:  SRSRoccoReport.com

World-Physical-Gold-Central-Bank-Demand (2)

SRSroccoReport-Logo-230x123-pxTND Guest Contributor:  Steve St. Angelo

This gold chart should have Central Banks extremely worried.  Why?  Because the change in physical gold and Central Bank demand since the first crash of the U.S. and global markets in 2008 is literally off the charts.

I advise precious metals investors not to focus on the short-term gold price movement, rather they should concentrate on the long-term trend changes.  This is where the ultimate payoff will be by investing in gold.   Now, I say “INVESTING”, in gold because that is what we are doing.

Many analysts such as Jim Rickards don’t believe that gold is an investment.  Mr. Rickards looks at gold as money or insurance on the collapse of the U.S. Dollar and fiat monetary system.  However, I look at gold as an investment due to the collapse of U.S. and World energy production.

While I have been a broken record on this, many investors still don’t understand what I am trying to get across here.  Gold and silver are more than money today because of the 40+ year funneling of investors funds away from REAL ASSETS and into PAPER CLAIMS on future economic activity.  Thus, 99% of investors have sent their money into the largest Ponzi Scheme in history.

Jim Rickards fails to understand this principle because he doesn’t’ factor in energy into the equation.  I find most precious metals analysts do the same thing as they forecast the future gold price based on how much fiat currency (or money supply) is outstanding.

Folks…. it won’t matter how much money is floating around in the future as energy production plummets.  Who cares if there are trillions of M2 or M3 outstanding, when we won’t have the energy to continue running a system that only can function by a growing energy supply.  To base the future value of gold on outstanding currency is FOLLY.

Which is precisely why I label gold and silver as INVESTMENTS.  Their values will surge as most paper and physical asset values collapse.  The revaluation of gold and silver will occur well beyond the collapse of fiat money… they will also rise in value due to the disintegration of most physical and paper assets.  This is well beyond the scope of money or insurance.

The Gold Chart That Has Central Banks Extremely Worried

Before I get into the details of this gold chart, I would like to let my readers and followers know about my recent interview on TFmetals Report.  I sat down with Mr Ferguson (Craig) and discussed a lot of the Gold Market in a live webinar with many of his subscribers.  He has now made the interview public:

 

A2A-TFmetals-SRSrocco-May-19-2016-282x300

To access the interview, click here: TFmetals Report A2A With Stephen St. Angelo Of The SRSrocco Report

Okay, here is the gold chart that Central Banks should be worried about:

World-Physical-Gold-Central-Bank-Demand (2)
# # # #

steve-125x157-1About Steve St. Angelo

Independent researcher Steve St. Angelo (SRSrocco) started to invest in precious metals in 2002.  Later on in 2008, he began researching areas of the gold and silver market that, curiously, the majority of the precious metal analyst community have left unexplored.  These areas include how energy and the falling EROI – Energy Returned On Invested – stand to impact the mining industry, precious metals, paper assets, and the overall economy.

Steve considers studying the impacts of EROI one of the most important aspects of his energy research.  For the past several years, he has written scholarly articles in some of the top precious metals and financial websites.

You can find many of Steve’s articles on noteworthy sites, such as GoldSeek-SilverSeek, Market Oracle, Financial Sense, GoldSilver.com, SilverDoctors, TheNewsDoctors, TFMetals Report, Outsiderclub, SGTreport, BrotherJohnF, Hartgeld, Der-klare-blick, PeakProsperity, SilverStrategies, DollarCollapse, FurtureMoneyTrends, Sharpspixley, FinancialSurvivalNetwork, Pmbull, Deviantinvestor, PmBug, Wealthwire, and ZeroHedge.

Visit the SRSRocco Report website:  SRSRoccoReport.com

Steve-St-Angelo-copy

TND Podcast Spotlight:  Rory Hall, The Daily Coin 

The U.S. Mint has been rationing the volume of silver eagles released to the public since July 2015. The Royal Canadian Mint has followed suit. The Australian Perth Mint, has increased their monthly production of silver coins more than two fold.

This is the backdrop which is shining a light on our broken economy. In 2008 the U.S. Mint increased their production and release of silver eagles by 50% year-over-year. Each subsequent year the U.S. Mint has reached a new high with the exception of 2012, which is okay because in 2013 the volume, not only reached a new high it was higher than 2011!!

Take a look at this chart:

Total-US-Gold-Silver-Eagle-Sales-1986-2015-NEW (1)

There has been a dramatic upswing in the volume of silver eagles moving through the U.S. Mint that is in direct correlation to the “financial crisis” that began in 2008 and has yet to subside. The volume of American Silver Eagles almost doubled year-over-year from 2007 to 2008 and has doubled again beginning in 2011. In four short years the volume of American Silver Eagles has experienced a four-fold increase. What other product, company or anything has increased their volume four-fold in four years? I dare say, none.

The American Silver Eagle was never intended to be a hedge against a collapsing dollar, however, as people have awakened to the ongoing nightmare of Quantative Easing, an exploding federal debt and a banking system that is set up against the average citizen, silver and gold have moved into the spot light. One would think the so-called “economist” would have known, given enough time, people would begin wising up to their parlor tricks and make the appropriate changes to protect themselves.

Now these PhD economist are tossing around the thought of a cashless society and stripping us of the remnants of sovereignty we hold. Over the past two-three decades we have been slowly training ourselves to move away from hard currency and become more dependent on plastic. Through the use of debt and credit cards we rarely use cash to make large purchases. We have been told it’s not “safe” to carry large sums of cash. Which is 100% correct, if we are carrying large sums of cash and a giant sign that states “I’m carrying large sums of cash.” then it becomes extremely dangerous, otherwise, we are just another person walking down the sidewalk or wherever we find ourselves.

The hierarchy of money:

gold and silver are money, they can also be used as currency.

paper fiat currency is a representation of money

plastic digital currency is an illusion of money

The volume of investment that is currently in gold and/or silver is estimated to be less than 1% of the total volume of investments in the U.S. As we have recently documented the U.S. Mint and the Royal Canadian Mint can not keep up with the current volume of silver moving through the two largest mints in the world. What would happen if there was a very small increase of investment that was to move out of the stock or bond market and into physical gold and silver? I am not talking about a major increase – what would happen if 0.20% (20bps) of the investment total were to move towards precious metals? If they wanted to acquire silver or gold from the COMEX, forget about it. Not going to happen. Take a look:

Screen-Shot-2016-03-02-at-1.41.34-PM

Screen-Shot-2016-03-02-at-1.58.56-PM

What it comes down to is very simple – do you trust the federal government of the United States to care for your wealth? Hasn’t the federal government preformed at such a high level that people are turning to Donald Trump to take the reigns? Love or hate him, he is exposing the depth and breadth of the problems we face. When the people of this country believe a person who has filed bankruptcy, multiple times, will do a better job steering the countries policies, you know something is out of balance.

If you don’t currently hold physical precious metals, specifically gold and silver, you should ask yourself this simple question: If the dollars in my wallet and the digital blips on the screen of my computer are backed by the “full faith and confidence of the federal government” what is actually backing the currency? Lies, deceit and propaganda? Let’s not forget war, which happens to be the business model of the U.S., endless, unconstitutional wars of aggression perpetrated against anyone and everyone that doesn’t want to follow and that doesn’t want to use the US Dollar.

Steve St. Angelo, SRSrocco Report and I dig into all these subjects and couple of others. In the next forty minutes you will learn about cashless society, what could potentially happen with precious metals and base metals mining in 2016 as well as discussing the details of the above charts.
# # # #

About The Daily Coin:

the daily coin

Rory Hall, Editor-in-Chief, The Daily Coin, has studied the precious metals market, economic and monetary policies as well as geopolitical events since 1987. I have written well over 700 articles and produced more than 200 videos. Beginning in 2014 The Daily Coin became my latest incarnation. Prior to launching my own website and YouTube channel I began working with Sean at SGTReport.com in 2012 and still contribute, daily, to his website.  The YouTube Channel, The Daily Coin, was launched in February 2014 and website TheDailyCoin.org was launched April 2014. My original articles have been published by such notable websites as Zerohedge, SHTFPlan, Sprott Money, Silver Doctors and The News Doctors just to name a few. I have interviewed some of the top professionals, in their field, from around the world, including Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Gerald Celente and Peter Schiff, to name but a few. The Daily Coin is enjoying global growth for both original works and delivering some of the best economic, precious metals, geopolitical and preparedness news from around the world.

TND full (1)

Follow All Of TheNewsDoctors.com’s Exclusive Articles:

http://thenewsdoctors.com/category/thenewsdoctors-exclusive/

OR

Subscribe To Receive All TND’s Exclusive Articles In Your RSS Feed:

http://thenewsdoctors.com/category/thenewsdoctors-exclusive/feed/