“The net speculative position decreased by around 9,000 contracts in silver. At a negative 47,000 net-long position, silver speculators are the most bearish on silver in the report’s history.” “The central bank of India bought gold for its reserves for the first time in a decade and the Mongolian central […]
![Newspaper headlines filled with news about: economy despair, crisis, money worries and dark tones about recession, depression and job losses. In economics, the term [b]recession[/b] generally describes the reduction of a country's gross domestic product (GDP) for at least two quarters. The usual dictionary definition is "a period of reduced economic activity", a business cycle contraction. The United States-based National Bureau of Economic Research (NBER) defines economic recession as: "a significant decline in [the] economic activity spread across the economy, lasting more than a few months, normally visible in real GDP growth, real personal income, employment (non-farm payrolls), industrial production, and wholesale-retail sales." Image is captured in 12 bit RAW and processed in Adobe RGB color space. [File:XXX; Lot:34]](https://goldnotes.com/wp-content/uploads/2018/09/2382159-economiccrisis-322x212.jpg)
Featured quotes from the report: Gold continues to not attract safe-haven interest, even though parts of the global financial system are stressed. International investors see the US as the go-to destination for safe investments. – Lingering uncertainty as to the fallout from US trade disputes. – The rise in distress […]
Highlights from the Video: 1. Gold is experiencing supply side issues. 2. Mergers & Acquisitions on the horizon. 3. Demand for gold supply will be exceptional in Canada, and especially in the Abitibi. “The miners have been depleting their reserves without replenishing them. There is a severe supply […]
Another great article from Cliff Droke at Seeking Alpha. “The last time we saw this record short position in gold was at the end of 2015 before a powerful rally. The record short position is actually now even greater than the end of 2015 and coincides with the tech bubble […]