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Silver Down 50%: Why The Physical Floor Is Different From The Paper Crash
Silver has bounced this morning, but the broader question for investors remains unresolved. After falling back into the high-$50s from its January highs above $120, silver has delivered the kind of reversal that naturally raises doubts. At the time of writing, spot silver was trading near $58.96, up around 1.3% on the session, while gold […]
The UK Government Has Just Explained Why People Own Gold
When David Lammy addressed the World Gold Council and London Bullion Market Association this week, he intended to warn his audience about illicit gold. Instead, almost accidentally, he explained why so many people own it. “Unlike cash,” he said, gold “ does not need a bank account, a password or an internet connection.” This was […]
