pmbug wrote: ↑Mon Jul 01, 2024 11:38 am...
There is a decent chance that silver will outperform gold over the next 3-5 years IMO. $.02 FWIW

2025 has brought a sound money legislation landslide. Several states passed or almost passed legislation to establish gold and silver as legal tender and to develop payment rails for using them as a parallel currency. I reviewed the legislation for bills in AR, MO, FL and TX in the article linked be...

It's happening! HB1056 just passed the Texas House and now awaits Governor Abbott's signature. Awesome!

Bold emphasis is mine: ... While gold prices are driven by many factors, investors showed high demand for gold as a safe haven asset and, at the beginning of 2025, a notable preference for gold futures contracts to be settled physically. These dynamics hint at investors’ expectations that geopolitic...

China is driving the gold bus, not US retail.

I had some fun this morning...

I watched it happen in real time. Most of the peeps that started it are all people I follow/interact with.

The leaders of the squeeze ... Some peeps on X proposed the idea and other peeps said, "yeah, let's do it". Its a viral thing without any real "leader" or organizer. Here are the reasons I invested close to a billion dollars in precious metals over the past six months—including ...

Thanks! They are crude (my photo editing skills are amatuerish) but get the point across.
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This tweet includes video from CNBC TV18 (India) talking about #silversqueeze:

I wrote an article this morning about the silver market and the nascent #silversqueeze 2.0 effort:

https://www.pmbug.com/threads/silver-sq ... esis.8137/

... There's more gold vaulted in London ... London claimed 8,477 tonnes at the start of March. The LBMA doesn't offer any breakdown on how much of that is actually unencumbered and available to the market (not owned by ETFs, central banks, bullion banks, etc.). The LBMA's technical default with T+6...

COMEX delisted four gold futures contracts. It looks like they don't want the physical gold flowing out to China/SGE and/or back to London/LBMA. The competition for physical gold is tightening up.

... I wanted to check the price of gold and then the bid / ask as of the same time for an American Eagle and Maple Leaf ... Apmex used to advertise their buyback price for bullion items. These days, I think almost all bullion dealers tell you to call them for their buyback prices. I know there are ...

... A gold coin is worth about 2% to 4% more than the ounce gold price? An American Eagle 1/10 oz is not worth 10% of an American Eagle oz but about 10.7%? In other words, some amount more for buying it in the smaller form (like any other food in the grocery store)? It looks like from around 1995 t...

yankees60 wrote: ↑Thu Feb 27, 2025 2:43 pmI am looking for access to daily gold prices in table form since then.
... Know of any other web sites that does the same?

Nick Laird is well respected with the data, but not free:

http://www.goldchartsrus.com/

If you have a specific question, you can try sending him an email.

yankees60 wrote: ↑Sun Feb 23, 2025 4:04 pm1. Physical Gold Concerns:
- Risk of loss due to fire or theft
...

Gold does not burn. Worst case in a fire, it melts (loses it's shape/form). It will still be gold though and retain it's value.

... reporting requirements when you sell ... This has been the industry standard for years: Certain products that JM Bullion may purchase from customers are reportable to the IRS. These reportable items require the filing of a Form 1099-B. In order for the Form 1099- B to be filed with the IRS , th...

- Highly publicized London delivery delay - Korea metal shortage - China banks unable to keep up with retail physical demand - Chinese insurance companies to start buying ~10% of global gold production - refinery/mint premiums on physical metal rising - some mints suspending production of gold bars ...

... I'm looking for depository storage options ... Aside from Money Metals Exchange and the Texas Bullion Depository, I'm aware of these options as well: BullionStar operates a vault storage program with vaults in Singapore, New Zealand and USA (in Dallas, TX). Supposedly, you can take delivery of ...

Texas Rep. Mark Dorazio has filed three bills in the Texas legislature worth keeping an eye on: House Bill 1062 (HB1062): ... Rep. Mark Dorazio filed House Bill 1062 (HB1062). The proposed law would require the state comptroller to purchase $4 billion in gold bullion and $1 billion in silver bullion...

The LBMA held a webinar this morning. I listened in. I posted notes on what I got out of it here:

https://www.pmbug.com/threads/bank-of-e ... ost-123954

... If investors are nervous about paper gold, I would have thought that PHYS would be more popular and would be trading now at a premium, but maybe I misunderstand how these things work. ... As I understand it: Bullion banks are the ones holding huge naked short positions on the COMEX. They usuall...

It really looks like the paper gold market is breaking down and true price discovery for physical gold is just beginning. Reminder of recent history and big picture view of the physical gold and silver market right now: https://www.sprottmoney.com/blog/on-tariffs-gold-prices More analysis: https://w...

Tariffs confirmed for Saturday. London gonna be crying uncle (Sam).

https://apnews.com/article/trump-tariff ... 35bcd30a1b