10 May 2016

Gold And Silver Deliveries On Monday May 9


The poor complain; they always do,
But that's just idle chatter.
Our system brings rewards to all,
At least to all who matter.

Gerald Helleiner, Canadian economist

The house account at HSBC, aka the custodian for GLD, and a large customer for ABN Amro offered 100 bars of gold bullion which was taken primarily by the house accounts at Nova and JPM.

May is a 'nothing' month for gold.  The next big month will be June.

And for silver, the customers were giving up their bullion and the house accounts JPM and Nova were taking most of it.

Hi ho.



09 May 2016

Some Charts at 3:15 PM - Pigmen Rampant on a Field of Brazen Hypocrisy


Today was one of those 'technical' trading days I think.

Have a pleasant evening.







08 May 2016

BullionStar: The London Gold Market


If you read through you will understand why I think that if there is a dislocation in the global gold bullion market that while it will originate in the real bullion markets of Asia, it will first become apparent in London and sweep westward around the world.



London Gold Market – An infographic hosted at BullionStar.com



Top Silver Mining Companies and Countries


The measurement is by ounces of silver produced.

The charts are by Nick Laird at sharelynx.com.