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Tag Archives: oil
Gold hits record; Silver takes out $38, $39, $40, $41
It was a good week for precious metals. This week gold hit at an all-time nominal high of $1476.20. Silver opened Monday below $38 and closed Friday at $40.97. In between it touched $41.03. That’s the highest silver price since … Continue reading
Physical oil vs. paper oil markets
From iTulip.com: See also paper gold vs. physical gold. This seems to a symptom of the monetization, securitization, and trade in everything. The artificial financial market is overpowering the natural market forces for the physical entity. It’s as if there … Continue reading
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