Adrian Day explains how the Fed's policies are destroying a generation.
We also dive into the Fed taper and how that historically affects gold and silver prices.
This week, Andrew Maguire sits down with hedge fund manager and mining stock specialist, Dave Kranzler, for a deep dive into the precious metals markets.
Total gold open interest at the close Friday exploded by 32,751 COMEX contracts, a very depressing number -- and I'm hoping/praying that it's spread related. Total silver o.i. only rose by only 1,862 contracts...a number I was happy to see.
While only one percent of physical silver is brought to market through Comex settlement. This — 1% of the trades applies throughout the entire commodity sector.
The other, 99% of the time settlement is in currency (fiat fictions) ...