This week's guest has spent a large portion of his adult life, working on knowledge revolving around commodity price discovery, most specifically in the silver market (COMEX).

Ted Butler visits with us, to discuss the FBI's recent receiving of a guilty plea from a 13 year ex-precious metal derivative trader who manipulated spot prices for years while working at JP Morgan.

There is much more to this story. The Department of Justice published the following words on their website...

The vast drivers for gold use all stem from human beings either wanting gold for adornment, long term savings, or for industrial uses (e.g. technological, medicinal, and scientific applications).

We humans have mined over 190,000 tonnes of physical gold or just over 6.1 billion troy ounces. The high ninety percentile of all the gold ever mined is still with us as gold that is virtually indestructible on the molecular level and too costly to lose or waste in large amounts.

Roll in your supposed silver cornering Hunt Brothers graves.

Eat your former silver buying hearts Warren Buffett, Charlie Munger, & Berkshire Hathaway.

This silver trade has taken over 50 years to fully formulate. JP Morgan's COMEX warehouse now holds perhaps the largest non-government physical silver bullion position in recorded financial history.

With us this week is a new guest to our podcast. He is Mr. Michael Oliver of Momentum Structural Analysis.

Michael began his financial career working in the gold market in 1975. That was the same year US citizens were again allowed to save in gold bullion, as well in 1975 the COMEX began trading gold futures contracts.

With over 40 years of financial market experience, Michael's current thoughts on Gold, Silver, and financial markets are a must listen.

Of course and in general, there is supposedly a positive mirroring relationship or price correlation between silver bullion and silver mining stocks.

The close relationship between the silver spot price and the companies that mine silver may be stronger in the short-run than in the long-run because silver mine producers are often affected by many other risk reward factors than merely the price of the most shiny white metal (we mentioned many of the risks in the prior section on silver mining stocks).

Silver Stock Risks

Silver mining stock exploration risks include finding no silver or not enough high grade silver ore to be profitable over the short, medium, or long term.

Silver mining stock feasibility risks include silver mining companies which may or may have not yet discovered silver, yet even if identified some silver in the ground may not be profitable at current silver spot prices to mine profitably given the costs associated.

We will begin this piece with a broad generalization. You buy and own silver bullion as an inexpensive precious store of value for the long term.

Perhaps if you are a sophisticated trader, you might speculate in the short to medium term using derivatives (e.g. ETFs, futures contracts, etc.) if you don’t mind stomaching the risks and carry costs associated (e.g. paying SLV ½% a year in annual fees).

Investors often also buy and speculate in silver mining stocks for short, medium, and at times with the hope of...

In this gold podcast, we'll blow some mathematical holes through the LBMA's ongoing transparency push.

As well, into the general western world silver price containment machinations which, judged via long term price data, have been ongoing from the 1980s up to today.

And too, we'll cover a gold related Executive Order signed by President Trump this week as the US Treasury continues sanctioning the Venezuelan regime headed by dictator Nicolas Maduro.

Here you can not only learn about the denisty of gold.

But also see how gold's density can be used to verfiy that your gold bullion products are genuine .999 fine gold.

Check out this non-invasive, low cost specific gravity gold test you can do at home.

To sell your silver bullion online is about as easy a process as buying it online.

Yet there are some additional steps and processes to understand for silver selling safety and success.

Here we cover some Do’s and Don'ts, including other best practices to sell silver bullion online. Like how to safely ship silver bullion in the USA as well as how to yield the best prices and find trustworthy counterparties to sell silver bullion to.

This building retirement crisis and pension crisis is not going away.

It is a mathematical certainty, yet certainly not a light topic to delve into.

What potential affects will the retirement crisis have on generations, financial assets, and future investing?

Silver and gold values held strong during a tumultuous week for the US stock market.

In October alone the S&P 500 is down nearly 9% and now in the red for the year 2018.

Come listen in as we speak with multi decade money manager and stock market specialist, Jesse Felder.

In terms of the next new monetary system, what is past may indeed be prologue.

One of the world’s most eloquent gold commentators, makes another excellent presentation on potential new monetary system changes to come.

Here you can find a backlink to see this thought provoking 40 minute presentation, but first we need to give you a bit of a background on the matter of new monetary systems.

This week, we speak with Christopher Aaron of iGoldAdvisor.com on major macro trends for gold, silver, and the financial markets to close 2018 into 2019.

Last time Chris was on his show in early June 2018, we disussed the then building probability that spot prices could fall as they indeed did in the latter summer 2018.

What major trends is Chris watching at the moment? What is happening with the gold silver ratio, bond market, and how useful is the COT Report for making short term trading calls? 

This week, Brent Johnson of Santiago Capital Fund is speaking with us about the major macro economic environment at the moment. 


Brent's medium term, 1-2 year thesis is worth consideration as he is calling for near record US dollar strengthening versus other major fiat currencies to come. 


What will this all mean for precious metals and other asset classes both soon and beyond?

In the following SD Bullion infographic, we again cover IRS bullion reporting requirements when buying bullion in the USA.

We also discuss current IRS reporting requirements if selling bullion to US based precious metal dealers as well.

Also discussed are current general Gold Silver Tax ramifications for when you sell bullion at either a profit and or a loss (always consult a tax professional on the matter as we are not tax pros)

Platinum has not been this cheap vs gold since 1907 AD. In other words, in over 110 years we have not seen platinum values slump this far versus gold.

Check out these following long term charts on platinum prices versus gold prices in US dollar since the late 1800s. and throughout this post 1971 full fiat currency era.

If you’ve been following Elon Musk and the domestic car company Tesla over the years you likely know that from about 2010 to 2017, the company and its CEO Elon Musk have basically been financial media darlings who could do no wrong.

Yet Tesla Motors may have just become this stock bubble’s poster child for overvaluation and hype. 

As US interest rates continue to increase, we can expect other hot tech story stocks like Tesla will be finding rougher times ahead, while various commodities and precious metals again get their time to shine.

Famed real estate investor and alternative financial author Robert Kiyosaki speaks with former Presidential candidate and US Congressman Ron Paul about what financial collapse looks like.

SPOILER ALERT: Robert and Ron likely agree, a financial collapse may be underway. 

In this Macro Voices interview, Keith Dickner, a Canadian CFA and investment portfolio manager, lays out his case for why the next global financial crisis will be in the bond market.

Topics include the growing government bond bubble, artificially suppressed interest rates, and how some bonds with limiting liquidity may no longer be a safe haven trade.

What impact would a bond market route have on stock markets and if indeed the bond bear market has started? The interview concludes with Keith’s outlook on equities, future US dollar strength, and gold bullion.