Peter's Blog

Compound Containing Silver Could Replace Lithium Batteries and Other Silver News

Researchers at Duke University are experimenting with replacing lithium in batteries with argyrodite, a mineral that contains silver along with other elements. This could further increase the demand for silver and tax an already strained silver supply.

Economic Data Isn’t as Strong as the Headlines Claim

A lot of the economic data this month looks strong. But when you dig a little deeper, you find that this “strength” is an illusion. Following is a breakdown of several of these data points with some help from our friends at Passant Gardant.

Why Buy Gold Now? A Free Updated and Revised Report

If you listen to the mainstream financial media, you might think gold has fallen out of favor. Most people remain fixated on the surging stock market or the next move by the Federal Reserve. But perception doesn’t always line up with reality – especially mainstream perception. While the trendy kids are ignoring the yellow metal, […]

How Is the Spot Price for Gold Determined?

When you buy physical gold, the price you pay will start with the “spot price.” As defined by Investopedia, the “spot price” is “the current price in the marketplace at which a given asset—such as a security, commodity, or currency—can be bought or sold for immediate delivery.” So, how is the spot price for gold determined?

Chinese and Mexican Mines Are Running Out of Silver

Silver demand set a record in every category in 2022 and is expected to continue growing. Meanwhile, silver production flatlined. Record global silver demand and a lack of supply upside contributed to a 237.7 million ounce market deficit in 2022. The trends indicate that this deficit will expand in the next several years as demand continues […]

Gold’s Steady Migration from West to East

There has been a steady migration of gold from West to East over the last three decades. When the World Gold Council published its first Gold Demand Trends report 30 years ago, Asian demand made up 45% of the world’s total. Today, the Asian share of global gold demand is approaching 60%.

Video Evidence: People Don’t Understand Gold or Money

The average person doesn’t understand gold. Or even money for that matter.

Alabama Joins Pushback Against a Central Bank Digital Currency

Another state has taken action hoping to hinder the implementation of a central bank digital currency (CBDC) in the United States. Last week, Alabama Governor Kay Ivey signed a bill into law that pushes back against CBDC in a small way that could place some roadblocks in the path toward implementing a digital dollar.

North Carolina Bill Would Launch Study of a State Gold Bullion Depository

A bill making its way through the North Carolina legislature would mandate a cost-and-benefit study on creating a state precious metals bullion depository. A bullion depository would not only create a safe place to store precious metals; it could also facilitate the everyday use of gold and silver in financial transactions in North Carolina and […]

Precious Metals Market Expected to Top $400 Billion in Next Five Years

The global precious metals market is on pace to top $400 billion within the next five years. According to Fortune Business Insights, an India-based consultancy company, the precious metals market is on pace to hit $403.1 billion by 2028, driven primarily by the gold market. This is up from $275 billion in 2021.