7:45p ET Monday, March 7, 2011
Dear Friend of GATA and Gold (and Silver):
Your secretary/treasurer has often remarked that Mexico, like South Africa, is a fabulously rich country perversely insisting on being desperately poor. With his new commentary, Jeff Nielson of Bullion Bulls Canada proves the case. Nielson’s commentary is headlined “Monetizing Silver: Instant Prosperity” and [...]
7:05p ET Monday, March 7, 2011
Dear Friend of GATA and Gold (and Silver):
Sprott Asset Management’s John Embry tells Eric King that demands for delivery could explode the derivatives-fueled suppression of silver, that other governments are likely to devalue their own currencies to support the U.S. dollar if it starts breaking down too much, that such [...]
3p ET Monday, March 7, 2011
Dear Friend of GATA and Gold (and Silver):
In commentary posted today at GoldSeek’s companion site, SilverSeek, excerpted from his proprietary letter, silver market analyst Ted Butler reports that JPMorganChase apparently has greatly increased its short-selling in silver, increasing the concentration of the market’s short position, by definition a manipulation. Butler’s [...]