Most financial advisors don't need to spend their mornings studying COMEX option chains, warehouse reports or refinery approvals. But occasionally, what's happening behind the headline price can tell us something useful. Two recent developments are good examples. In gold, unusually large concentrations of call-option open interest have developed well above the current market.
Do you remember what happened to money in the 1970s? Or after 2008? Or during COVID? Most people remember the headlines from those periods. Fewer remember what was happening underneath. These weren’t just isolated crises tied to oil shocks, housing markets, or a global shutdown. They were different versions of the same underlying pattern playing out. Those were debasement cycles.
(Hint: there is usually no moat) A financial advisor we work with recently arrived at our partner vault facility with thousands of pounds of silver coins in the back of his truck. For years he had been storing them across a ranch in ammo boxes. Yes, real ammo boxes. Most were buried in the ground. Others were hidden in sheds or tucked away in corners of buildings.
I recently had the opportunity to speak with James Murphree the CEO & Economist at Murphree Investment Group, and it turned into one of those conversations that stays with you. We covered two topics that, at first glance, do not seem connected: private credit and silver. One is a 3.4 trillion dollar yield engine embedded deep inside institutional
https://youtu.be/LwOfUKdc4n0 In this episode of the Alternative Edge Report, Olivia Voz sits down with precious metals expert David Morgan (The Morgan Report) to break down one of the biggest misconceptions in investing: Is owning a gold ETF the same as owning physical gold or silver?
Inflation is always on the mind of us metal bugs. It comes with the territory. But lately, with the dollar softening and both stocks and metals rising together, it feels less theoretical and more urgent. When everything is going up at once, it’s usually worth stepping back and asking what’s actually happening underneath.
Every time gold or silver rallies, the same question pops up: “Is this the top?” It is the wrong question. Precious metals are not growth stocks or valuation stories. They are monetary assets. Trying to pin a tidy “top” on them misunderstands what bullion is, why it exists, and how it behaves.
Continuing our investigation into the mysterious "Asian Guy" phenomenon, Part 2 looks at claims around Basel III regulations: how complying with these newer banking rules reportedly favor physical precious metals over paper positions and could affect silver markets.
Markets always seem to find new ways to create stress. Stocks look expensive. Private credit is showing cracks. Liquidity is not what it used to be. Confidence is high right up until it is not. Every asset feels like it comes with fine print. Silver keeps ignoring the drama. At the end of 2024, heading into 2025, price forecasts for precious metals were already pointing higher.
There is a mysterious presence that has been posting countless videos on the precious metals markets, focusing mainly on Silver. These videos have been catching the attention of investors and online communities alike. He’s known only as the “Asian Guy,” and it raises a lot of questions—who, or even what, is behind these videos and what is their ultimate purpose?