Excitement is in the air here at JM Bullion as we are set to join forces with the Andretti Global Team for an electrifying debut at the 108th Running of the Indianapolis 500!  We are stepping into the fast lane of motorsports as the official precious metals trading partner and sponsor of the No. 98…

The economic data is starting to get dire and indicates the consumer part of the economy is taking a nosedive. We will get into details in the Macro View section of the report. Gold and silver, as a result, are holding up quite nicely. While gold and silver are fading this week, having some perspective…

Gold just hit an all-time high in Renminbi, the Chinese currency. I have been reporting on the Shanghai gold exchange on our social media for a little over a year, and I believe I was one of the first precious metals analysts to do so. Well, now we see why other gold markets are important….

Gold and silver are range trading as we end the summer. The traders aren’t committing to any specific position. We appear to be stuck in this holding pattern with the metals for the last several months. We had nice bumps in gold and silver at the beginning of July and the end of August. You…

The precious metals markets are just sort of hanging around right now. No compelling bad news to drive the prices higher. We also have way too much skepticism by the average Joe and Sally on the economy for the metals to move lower. It feels eerily like 2007 before the financial crisis began. Back then…

Gold and silver rebounded last week after experiencing a late summer fade. I expected they would begin to turn around as we approach fall, but we are not quite there yet. It is encouraging that the precious metals prices have not floundered this summer despite the lack of very bad financial news. While the economy…

Well, what a difference a week makes! Gold and silver took it on the chin again, but this time a bit more than before. I will explain the how and why it happened, and issue a bit of a mea culpa. I mistakenly thought the market would not short the metals again so soon, given…

I am going to talk a bit today about the positioning of the gold and silver paper markets. These markets, known as the COMEX or derivative futures markets, are where the spot price ultimately comes from. In other words, your local coin dealer is not setting his/her own spot prices on the metals. They follow…

Today we discuss the looming $1.5 Trillion in outstanding loan debt that is coming due very soon. There are problems with this, of course, which is why I am writing about it. The problems include some difficult issues with payments, payment terms, and overall servicing responsibilities. In addition, many students who took the loans cannot…

Spend any time around a coin shop or precious metals dealer, and you’re bound to hear references to “silver stackers.” They may get mentioned in both positive and negative contexts, along with oblique statements about their characteristics. A silver stacker is a person who prioritizes the acquisition of silver bullion as a primary focus of…

Owning gold or silver is great. Either precious metal offers a tangible store of value. In many cases, having one of these metals in your portfolio is a great way to guard against oscillations in the economy. However, owning gold or silver also puts a particular onus on you. Namely, you have to be able…

The Millennials are buying more gold than anyone else? Yep, that is the result of a new study by SPDR published by State Street. We will get into the details of that study in the Story of the Week section of our report. Gold and Silver Analysis The gold chart below shows the tug of…

We may have a shortage condition in physical silver brewing in the domestic markets. We look at that today to determine what significance this could have on the silver price going forward. Gold and Silver Analysis Don’t look now, but the silver price chart from the American COMEX is having a short-term breakout. Contrary to…

Our story is a fun one this week. We will show you the massive collection of collectibles, Civil-war era gold that was found in a corn field recently. You read that right, there is still hidden caches of old US gold hidden around the country. Will you be lucky enough to stumble upon one? Gold…

Silver is in big demand as we will discuss in the story of the week. That is good news for silver investors right about the time the silver and gold markets go into hibernation for summer. It highlights the need to understand the precious metals market cycle despite short-term price movements. I will discuss what…

Gold and silver are entering the summer doldrums, so they are likely to fade as the summer goes on. This is normal. I always considered this time of year a blessing, and not only for the good weather. I love the time because I can step back and look at what has happened. I can…

Iran’s SEPAM bank messaging system has been accepted by 9 countries in the Asian Clearing Union as a replacement for the SWIFT system and use of the dollar in international trade. You read that right, 9 Asian countries just voted to drop the dollar in trade and to use Iran’s bank wire system in replacement…

Last week I gave you the potential bearish case for gold over the summer, and this week I flip the script and give you the summer bull case. I do this because summertime tends to be weak for American investment markets including stocks, bonds, real estate, and commodities. The phrase ‘sell in May and go…

Gold is getting a lot of love on the COMEX market in the US. According to the CFTC which regulates the precious metals markets, traders delivered over $3 billion in gold in two days to begin the month of June. We will discuss that next, along with why the charts are telling us that gold…

Gold and Silver are trading essentially sideways in the current market. Traders have cooled off since the banking crisis and are moving positions to later-dated contract months in the summer and to end the year in December. After a week of short covering by the bullion banks had reduced overall momentum in silver, they are…

As suspected, the gold and silver prices are going down now after a swift rise following bank failures in the spring. Generally gold and silver do not trade higher on the American exchange unless there is a reason to keep them there. For the most part, prices are determined by the whims of many traders…

The more we progress into the end of the dollar era, the more I am surprised at the reaction of the public to it. The truth is a funny thing; most will not accept it until it is simply beyond reproach. A quote from philosopher Arthur Schopenhauer explains the phenomenon. “All truth passes through three…

Weekly Metals Digest, Edition 1 We certainly are living in times of change, and with that we also need to change along with it. To that end, we are modifying our blog posts into a weekly digest that will encompass many of the areas of the economy and of gold and silver that we want…

Central banks have been buying gold for a long time, but they have not always been net buyers. The following chart from Visual Capitalist tells a tale of two economies. Good economies lead central banks to sell their gold while bad economies reverse the trend and turn them into buyers.   From the early 1990s…

This week we are going back to the economy to examine where we are post-bank failures and a resulting positive bump in the precious metals prices. I know investors are happy that gold is back in vogue again. After all, trading within a few dollars of the all-time high is a nice place to be….