Podcast

All four major precious metal spot prices had another solid week of price action.

The gold price in terms of spot finishes this week around $1,515 oz.

The spot platinum price cleared $950 oz. And the palladium price strikes another record high mostly due to an increasing shortage of this Pd precious metal, closing this week around $1,850 oz.

The silver spot price closes this week at 18.18 per troy ounce in fiat Federal Notes.

The Federal Reserve cut another 25 basis points this week to their Federal Funds Rate. With no end in sight, they are also often extending over $100 billion in Federal Reserve note repo loans through

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A solid week of price action turned in by all four major precious metals.

The price of silver appears to be ending the week just above the $18 fiat Fed note per troy oz mark, rising over 50¢ (cupro-nickel cents) from last week’s close.

Gold finds a weekly end to its spot gold price right around $1,505 oz.

Platinum rebounded well from recent downturns, the spot platinum price looks to be closing around $925 oz. Still, historical low in terms of it's over 100-year price relation to gold. Read

For this week’s gold and silver podcast, we welcome back returning guest Greg Weldon, a financial market expert with over 35 years of experience in financial markets.

Mr. Weldon began his career trading in the COMEX NYMEX precious metals derivative futures contract pits. Today, he joins our gold and silver podcast to close the week's trading action.

A mostly sideways week for the precious metals.

The spot gold price is closing just above $1,490 oz in fiat Fed notes.

The spot silver price looks to be ending the week priced just over $17.50 oz.

The spot

In this week's SD Metals & Markets Wrap podcast, we dive into details and questions on why is the Federal Reserve now injecting daily over $100 billion fiat Federal notes into overnight lending?

Why do we see the Fed do Repo operations for the first time since 2008?

Why is demand for overnight cash still being oversubscribed even after the Federal Reserve almost doubled the initial market intervention amount?

When are we going to find at the real reasons this happening? 

Is this all again leading to an eventual QE on-demand lending facility by the Federal Reserve?

Not only a strong end to the week for the monetary precious metals prices, but also a week that began with one of the biggest bombshell news items and criminal lawsuits filed against the often alleged silver and other precious metals market rigging bank, JP Morgan Chase.

Chris Powell of the Gold Anti-Trust Action Committee (GATA.org) drops by to discuss this US Department of Justice RICO criminal lawsuit against the Global Head of JP Morgan Precious Metals Trading Desk and other silver, gold, platinum, and palladium trading executives at the too-big to restructure bank.

We dig not only in the details of the train wreck that is JP Morgan in 2019 but also how disgraced the LBMA and CME Group's COMEX NYMEX are by association and public record documentation.

This bombshell lawsuit is just a fraction of the story to likely unfold. Come on inside.

Not merely a returning guest, but a returning original host of this SD Metals & Markets podcast.

Eric Dubin drops by to talk financial markets and some of the craziest news from this week.

Such as a more than 23 yr employee and the up until last month, the global head of JP Morgan’s precious metal trading desk has been on a leave of absence from work. We ponder what that might mean as the US Department of Justice continues its investigation of financial crimes committed for more than a decade at that bank’s derivatives trading desks.

President Trump tweeted on 9/11 for the Fed to cut not just to Zero percent but even nominal Negative Interest Rates ahead. If you think gold loves negative real rates, just imagine what nominal negative rates in the USA could do to the over-leverage gold derivative complex.

Those topics and more covered in this week's Metals & Markets bullion podcast.

Another intense week for the precious metals complex, with monetary spot prices peaking in the middle of the week.

On Wednesday, the spot gold price briefly eclipsed the critical $1550 level. It remains questionable if gold will make a run for $1600 or need some time to gather energy.

It was one year ago, the last time we spoke with Ned Naylor-Leyland in London.

I spoke with him yesterday, Thursday, September 5th about the significant changes in financial market sentiments since we last spoke. We primarily focus on the silver market.

What are the catalysts which will drive a raging bull market for precious metals? 

Dave Kranzler comes back on our gold silver podcast Metals & Markets Wrap.

We talk about the bullishness in bullion values of late. What he is seeing and perhaps expects in the financial markets to come.

We also touch on easy to perform gauges for the current precious metal market sentiment. Timeframes that may have been similar this century.

And what is going on in the precious metal-loving eastern world versus the western world? Come on in, the PM market is warming up.