This has been one grand buying opportunity so I have not been so concerned about the low prices…… thankfully, part of my family is now on board. The knockdowns are just causing shortages, then it will become […]

I have a mix of 1kg silver bars, 1oz coins and some gold half sovereigns which I regard as savings. I am beginning to think that the gold and silver spot prices will be managed upwards rather than there being an […]

Should gold be remonetised, would that not make it part of a future bail-in? I’m in two minds whether the govt would bother: on the one hand, only a tiny minority of Western investors hold physical gold now […]

I insured my PMs while Ag was £18 ($27) but under a separate condition that I added on to my standard policy… which I paid a premium for. I can’t imagine being compensated in the specie should my PMs be stolen. […]

There is a growing narrative in GB in favour of higher taxes. get a load of this letter from the Somethingmustbedone crew. Meanwhile, you wouldn’t want the bombers to be stackers as well. That will be the perfect […]

I go to this site almost every day for news… I do not comment much but I have learned much more about the state of the world’s economy from the reports on this site and the comments alike than from any other […]

I notice how Iceland barely gets mentioned in the MSM now… probably as it has provided the world with a clear example of how to deal with speculative debt. Whenever I bring up the subject to people, they howl […]

These people are like the Eloi on “The Time Machine”. Too busy playing to pay attention, believe anything the govt tells them… once in a while, a black swan event pops up and eats some of them. Having said […]

In the case of gold, oversold may well mean that the same quantity has been leased out several times over.

If the certificates are damaged to such an extent that they can no longer confirm the owner, is that $36 trillion now “unallocated” and free to be leased out to whoever?

In the UK, consumers pay 20% VAT on both silver bars and coins… no VAT on any kind of gold. But they pay capital gains tax (CGT) on bars if they make a profit above £10,100. So far in the UK, this CGT assumes […]

Great piece! Using the poor as ciphers for big government has gone on for centuries… give them presents in return and they don’t revolt. You would have thought that with electronic databases and surveys, TPTB […]

Good article. Thanks Izzy.

The fact that an attempt had been seen to be made would be enough pretext for a policing lockdown around the bank. Not sure what else we might see from the fallout here. I wonder if it ever crossed Nafis’s mind […]