Peter's Blog

Gold Ranks as the Most Effective Commodity Investment

The current economic environment is generally supportive of commodities. Higher inflation rates, improving economic conditions and commodity supply shortages all favor this sector.  As a result, investors are increasing allocations to commodities. And according to a report published by the World Gold Council,  gold is positioned as the most effective commodity investment in a portfolio.

Money Supply Growth Rebounds But Trend Is Down

M2 Money Supply is measured by the Federal Reserve to calculate the amount of money in the financial system. Historically, the term inflation was defined as an expansion of the money supply that generally led to higher prices. Therefore increases in M2 is the measure of inflation. This analysis reviews the changes in money supply as a potential indication of future […]

September 21 Comex Delivery Countdown: Gold Shows Life, Silver Mixed

This analysis focuses on gold and silver physical delivery on the Comex set for September 21, 2021. See the article What is the Comex for more detail.

Aug 2021 Technical Analysis: Gold & Silver Bullish or Bearish?

The price of gold and silver can be driven by many variables both technical and fundamental. Fundamental drivers include Fed meetings/speeches, its balance sheet, inflation data, jobs numbers, market risk appetite, etc. This analysis examines some of the more technical factors driving prices (e.g. Comex OI, Miners price action, technical price action). The CFCT Cots report can […]

50 Years of Monopoly Money: Friday Gold Wrap Podcast Aug. 20, 2021

This week marked the 50th anniversary of President Richard Nixon slamming shut the “gold window” and cutting the last tether between the dollar and gold. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey explains exactly what Nixon did and the impact of 50 years of monopoly money. He also covers some […]

Tech Company Buys $50 Million in Gold to Protect Against “Black Swans”

Palantir Technologies Inc. bought $50.7 million in gold bars this month as a hedge against another “black swan event.” The company is also inviting customers to pay for data analysis software in gold.

Comex Inventory Aug: Gold Slowly Drains But Silver Surges

This analysis focuses on gold and silver within the Comex/CME futures exchange. See the article What is the Comex? for more detail. The charts and tables below specifically analyze the physical stock data at the Comex. This is different than the delivery countdown that looks to see how many contracts will stand for delivery each month. Instead, it shows […]

Going Off Script: Friday Gold Wrap Podcast Aug. 13, 2021

Gold and silver tanked after last Friday’s job report. But both metals have rallied a bit since the July CPI numbers came in right at expectations. In this episode of the Friday Gold Wrap, host Mike Maharrey looks a little deeper at jobs and CPI. Then he goes off-script and addresses some listener comments.

Going for Silver With Michael DiRienzo – A SchiffGold Metal Exchange Interview

When it comes to precious metals investing, gold tends to hog the spotlight. But silver is also important to investors, both as an industrial and a monetary metal. In this Gold Exchange interview, host Mike Maharrey chats with Silver Institute Executive Director Michael DiRienzo about the current state of the silver market and where it’s […]

Faking It: SchiffGold Friday Gold Wrap Podcast Aug. 6, 2021

Gold was solidly above $1,800 an ounce this week until Fed Vice Chair Richard Clarida mentioned the economy reaching the Fed’s goals earlier than expected and raised the specter of monetary policy tightening. But is the economy really improving as much as everybody seems to think? In this week’s Friday Gold Wrap, host Mike Maharrey […]