Peter's Blog

2021 Silver Demand Expected to Break Record and Other Silver News

Silver demand is expected to chart a new record high in 2021 with every key area showing an increase based on preliminary data. This is one of several silver-related stories covered in the latest edition of Silver News published by the Silver Institute.

Comex Delivery Results: Will Momentum Continue in January?

As reported last week, Comex January’s open interest activity was looking strong in silver and modest in gold. The initial results are promising, especially given the probability contracts will open mid-month for immediate delivery. This analysis focuses on gold and silver physical delivery on the Comex. See the article What is the Comex for more detail.

Has the Taper Finally Started? Who Will Fill the Massive Gap?

While on the surface, it appears the Federal Reserve asset purchase taper has started, it’s not as easy to prove when you dig into the details. The Fed is certainly not being as aggressive as they promised, and for good reason. As the Fed leaves the bond market, who will fill the gap? Since 2019, […]

The Big Story: SchiffGold Friday Gold Wrap Dec. 31, 2021

We’re on the cusp of a new year. We certainly had a wild ride in 2021 with continuing coronavirus drama, inflation that turned out to be not so transitory, and a record-breaking stock market bubble. So, what was the biggest story of 2021? Friday Gold Wrap host Mike Maharrey thinks it was a story that […]

November Money Supply: Similar and Different to November 1972

Despite talk about a war on inflation and a quantitative easing taper, the money supply continues to expand at a rapid clip, fanning the inflationary fire. M2 increased by $249.2B in November.

Comex Countdown: December Delivery Surges and January Looks Strong

Silver delivery in December surged to levels not seen since last spring and reversed the downward trend in place since last summer. This analysis focuses on gold and silver physical delivery on the Comex. See the article What is the Comex for more detail.

The Technicals for Gold: Yet Another Battle at $1800

Gold looked very strong through mid-November. Trends in September and October had been pointing to a breakout. The market delivered sending gold up through $1870. Unfortunately, hard resistance kept the bulls in check, despite repeated attempts to breakthrough. The previous price analysis presumed that a Brainard nomination at the Fed would be the catalyst needed to break through $1880. […]

Comex Stock Report: JP Morgan Refill the Coffers

Gold inventories in Comex vaults increased for only the second time since February this year. 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/inventory data at the Comex to show the physical movement of […]

Fun on Friday: Messing With Your Christmas Memories

‘Tis the season for Christmas specials. I’m not going to lie – even as a grown man, I love watching Christmas specials. Snoopy decorating his dog house. The Grinch folding up the Christmas tree like an umbrella and stuffing it up the chimney. And Frosty the snowman melting in the greenhouse.

Taking a Pea Shooter to a Bazooka Fight: SchiffGold Friday Gold Wrap Podcast Dec. 17, 2021

We got more bad inflation news this week as the Federal Reserve wrapped up its final FOMC meeting of the year. Supposedly, the central bank has launched its war on inflation. Has it though? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about inflation and the Fed meeting and explains […]