Keith Weiner

Keith WeinerDr. Keith Weiner is the CEO of Monetary Metals and the president of the Gold Standard Institute USA.  Keith is a leading authority in the areas of gold, money, and credit and has made important contributions to the development of trading techniques founded upon the analysis of bid-ask spreads.  Keith is a sought after speaker and regularly writes on economics.  He is an Objectivist, and has his PhD from the New Austrian School of Economics.  His website is www.monetary-metals.com.

Articles by Keith Weiner

On Wednesday last week, the price of silver dropped from over $24.25 to just a bit over $23 before bouncing back to around $23.50. The next day, the price dropped again, briefly to around $22.60 before mostly recovering (but a dime to a...
There was a big drop in the price of silver last Wednesday. Then the price moved up, and down, but mostly up. Let’s look at a graph of the silver price and basis showing Sep 30 through Oct 5, with intraday resolution.



It’s...
While the silver price was dropping recently, we published analyses here and here.

At that time, we saw a basis that fell with price, but which recovered during “off” days. In short, there was not much of a decrease in abundance of...
A few days ago, we wrote about a big silver crash. The price dropped around 7.5%.




And the basis dropped from around 2% to 0.6%. At the end, we said:

 

“The key question is: what is the follow-through? If the price stays down...
On Monday, the dollar rose from 1.16 grams silver, to 1.26g.

Conventional monetary thinkers believe that the dollar can be measured either in terms of the euro, pound, yuan, etc. Or in terms of consumer prices.

But these are not...
On Monday, the price of silver continued its epic skyrocket. We say this without hyperbole, this kind of price action does not happen every day. Or every year. It occurs perhaps once a decade. And the same can be said for Monetary Metals...
The silver market witnessed another explosive day!

 

Recently at midnight (in London), the price of the metal was $26.90. By 9pm, it had rocketed up to $28.95, a gain of 7.6%. This is not normal.



 

But then,...
In a post-interest world, one cannot earn much return by financing productive enterprise. Instead, people are forced to speculate on whatever asset bubble is inflating at the moment.

Speculation is different from investment, in that the...
We’ve been publishing updates recently after days when the silver price has spiked up. Now, after Tuesday’s trading action, silver trades over $26. Its price moved up over two bucks (about 8%).

The long pattern since the peak price hit...
On 23 July, we said

“One Of These Silver Days Is Not Like the Other “

The action on 27 July was not.



Notice the big drop in basis starting around midnight (London time). It falls from over 7% to under 2%.

To refresh: Basis...

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