Research

This week we want to focus on historic US Stock market downturns. And mainly examine them through percentage losses juxtaposed by gold, and silver values through the same timeframes.

The base prices of all gold products are determined by the gold spot price. The gold spot price is a live price, meaning the price for gold is constantly changing (unless the market is closed of course). Since January 2018, the price for gold has not gone below $1,250 per ounce. In late 2019 to early 2020, the gold price has risen to levels as high as $1,650 per ounce.

While silver is susceptible to oxidation, it is not the same type of oxidation that other metals experience when they “rust”. When other metals like iron suffer from rust, they are permanently damaged. Often times in silver oxidation, most, if not all of the oxidation is able to be polished or cleaned using a variety of methods.

To begin this video, have a look at the Gold Spot Price chart for the 21st Century.

The yellow line is the fiat Federal Reserve note ($USD) denominated twenty-year gold price history per troy ounce.

The black line is an ongoing average of 163 other full fiat currency spot prices for gold, also measured from the year 2000 to now in 2020.

One of the biggest misconceptions for investors who are new to the bullion marketplace is that an ounce and a troy ounce are equal. This is not the case, and many people are frequently confused when their products weigh more than one ounce. In fact, most products are referred to in ounces but are actually sold in troy ounces. The reality is that the vast majority of bullion dealers are referring to troy ounces when they say “ounces”. This is the “industry standard.”

This week we learned that U.S. authorities at the DoJ, who have for years not only accused various JPMorgan Chase & Co. employees of rigging precious-metals futures but also got many to plead guilty. The US Department of Justice (DoJ) is now, more importantly, building a criminal case against America's biggest bank itself.

This week, the CFTC, or the Commodity Futures Trading Commission, made headlines with their fourth attempt at passing into financial law position limits on 25 commodities derivatives and futures contracts.

The CFTC yesterday proposed commodities position limits of up to 25% of the deliverable supply of each commodity. We’ll get into what that may mean for the COMEX silver market in a minute.

Like the London Gold Pool of the pre-1971 full fiat US Dollar era. Then and still today, systematic attempts to control and contain precious metals prices, eventually end and even backfire into physical short-falls of supply, and exponential price runs higher from artificially low valuations.

Come see in this video presentation just how much palladium bullion has exited the NYMEX warehouses & Palladium ETFs, since the CME Group's Central Bank Incentive Program (CBIP) got underway in the year 2013 through today.

What is Silver Tarnishing and What Causes It?

Tarnishing, also called toning, is an effect on the outermost layer of a metal that causes the metal to become discolored. Like iron rusts when exposed to oxygen, silver can tarnish when exposed to the air due to a reaction between silver and hydrogen sulfide in the air. Also, touching silver products with your hands may cause tarnishing over time due to the oils from your skin. 

What are Silver Coins?

First, we must establish what silver coins are. Silver coins contain pure silver, with the most common weight being 1 troy ounce coins (1 troy oz = 1.09714 oz). Silver coins are also minted in fractional weights like ¼ oz & ½ oz. They are also minted in larger pieces such as 5 oz or 1 kilo (1 kilo = 32.1507 troy oz).