Several people asked me to comment on why silver lease rates are so high and what that means for silver going forward. We recently saw a spike in lease rates as viewed in the charts below. The lease rates were also discussed in the following article by Paul Franke. https://seekingalpha.com/article/4661025-silver-is-now-a-strong-buy-highest-lease-rates-since-2008?utm_campaign=twitter_automated&utm_content=article&utm_medium=social&utm_source=twitter_automated What and why this is […]
Understand the real structural risks between owning physical metals held directly vs ETFs in a brokerage account
For any fiduciary, institutional or individual investor considering precious metals and wants to understand the real structural risks between owning physical metals held directly vs ETFs in a brokerage account, this research is for you. As manager of a physical gold and silver fund and the owner of a large Depository, I understand the nuances
Tom Luongo delves into the Ukrainian political situation and the dubious circumstances surrounding the FTX crypto exchange, noting the prevalent Ponzi schemes in today’s financial system, while Bob Coleman provides insights into the precious metals markets and practical advice for prudent metal investments.
Deciphering the Complex World of Precious Metal Derivatives: UCITS and the Shift from Physical to Paper Gold & Silver
Why and How Does the Physical Gold and Silver Market Continue to Be Engulfed by the Enormous World of Paper Gold and Silver Derivatives?
This post emphasizes reading storage agreements, understanding the role of insurance and bonds, reducing conflicts of interest, and comprehending potential geopolitical risks, all of which are fundamental in ensuring the safety and accessibility of your precious metals.
This is a deep-dive blog post focused on helping individuals safeguard their physical precious metal assets. It provides crucial insights into various facets of storage facilities, explaining the difference between direct storage and affiliate programs, the importance of asking questions about facility structure and financial health, understanding storage contracts, and much more, empowering the readers to make informed decisions.
In his latest blog post, Bob Coleman discusses the under-appreciated value of silver in the current economy, highlighting its unique properties and vital industrial applications. Amid escalating asset prices, he suggests the physical silver market may present hidden opportunities for investors, due to its consistent industry demand, growing recognition as a financial asset, and potential to provide security against systemic and counter-party risks.
Bob critically examines the misleading claims made by offshore physical precious metal dealers about non-reporting of assets “held directly” by U.S. investors. It emphasizes the inaccuracies of such claims, highlighting the specifics of IRS regulations regarding precious metals and the potential penalties for noncompliance. Bob also discusses the potential implications of investing in digital precious metals and urges investors to consult professionals to understand their tax obligations, reminding them of the limited regulation and oversight in this space.
Bob examines the impact of the Basel III regulations on gold trading, focusing on how banks navigate the 85% required stable funding ratio. It provides an in-depth analysis of a recent decision by the Bank of England’s Prudential Regulatory Authority to modify its approach towards precious metal holdings, its implications for banks, and how it might influence the future dynamics of the gold market.