Goldman Sachs is at the center of a probe into the rigging of U.S. Treasury Auctions, which was the same allegation that resulted in the Treasury shutting down Salomon Brothers in 1991. I wrote about this incident when Salomon was caught. The fact that such rigging in commodities markets was standard for decades was common knowledge. When […]

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Thank you for all the emails on this discovery of an ancient Roman coin in Galilee. Yes, it is a relatively rare coin. However, it did not exist at the time of Christ. Note the legend states “DIVVS AUGUSTUS,” meaning in Augustus’ honor after his death. This coin was minted by the Roman Emperor Trajan […]

India surprised everyone. They did not remove the tax on gold and in fact increased it. India is the number-one consumer of gold jewelry. Sales have declined recently because many expected the tax to be lifted. A near 10% tax on gold has been rather high. Nevertheless, the government sees this as a capital outflow.

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QUESTION: Martin … the reasoning behind goldbugs … advising people to buy gold to thwart the cashless society that govts will soon impose on us all.  Do you think gold and silver will become the underground currency of the alternative economy as people try to get around the official cashless economy or not? thanks Regards P ANSWER:They probably will […]

​ Question: Hello Martin, I saw a couple of days ago that Canada seems to have sold all its gold. http://www.fin.gc.ca/n16/16-030-eng.asp Is it just a way to find short-term easy money? Or is it part of a global process to sell any tangible asset that the government could have ? I personally don’t think this to […]

  This year’s report will not be part of the WEC Materials. We are looking to hold the next WEC conference after the presidential elections. Part II of this report will include all the metals, such as gold, platinum, palladium, copper, along with silver. We will also do the precious metals in the various currencies. […]