James Turk, founder and chairman of GoldMoney.com and co-author of The Coming Collapse of the Dollar, in a recent editorial questioned the integrity of iShares Silver Trust, the largest silver exchange traded fund (ETF). Turk makes a lengthy analysis that should be read by any silver investor considering a large investment in iShares. Cmigs, a
Gold Fields Mineral Services has released its World Silver Survey for 2007, and mineweb.com has posted a review. The report is quite bullish, which should come as no surprise to anyone who is following the silver market. Meanwhile, resourceinvestor.com also has reviewed the survey. Of interest to silver investors is Jason Hommel’s comment: “If the
CMIGS rarely recommends palladium and platinum because they are not monetary metals. Still, we they are precious metals, which is what CMIGS buys and sells. The best source of information on palladium (and platinum) is Johnson Matthey, which boasts of being “the world’s leading authority on the production, supply and use of platinum and palladium.”
As it is when a country is at war, other important matters go unnoticed. This is certainly true when it comes our federal government’s finances. Congress just passed a $2.9 trillion dollar budget plan for the fiscal year starting October 1, 2007. The bill is a blueprint for Congress to follow this year as it
Resourceinvestor.com has released an article reviewing what appears to be CPM Group’s Annual Silver Survey. We say “appears to be” because the article only calls the CPM work a “report.” Looking at the nature of the CPM observations about silver and the silver market, and the fact that it is May when CPM Group usually
For months the precious metals markets have shown strength in the face of continued bear raids by the large commercial traders seeking their $40-$50 price swings. Recent comments by John Williams’ Shadow Government Statistics reveal just how strong gold and silver really are. According the Williams, the monthly-average gold price hit an all-time high of
Central bank sales are again getting the blame for gold’s failure to climb higher, and perhaps rightfully so. Central banks have unloaded in the last few weeks, but Jon Nones, writing for resouceinvestor.com, says that increased central bank gold sales are no reason for concern. As Nones points out, central bank gold sales are they