You are here
John Kim: Violent price divergences between physical and metal futures prices
By John Kim
Tuesday, March 17, 2020
Violent price divergences are developing between physical precious metals and futures prices for the big four: gold, silver, platinum, and palladium.
Rapidly rising initial and maintenance margins into a collapsing global stock markets have undoubtedly caused forced selling of precious metals futures contracts. In addition, margin calls in both futures and stock markets have exacerbated further selling in precious metals paper derivatives markets outside of that caused by CME Group-raised margins.
... Dispatch continues below ...
Storage and Withdrawal of Gold with Bullion Star in Singapore
Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.
Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop shop for precious metals in Singapore.
Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage rates are competitive.
For more information, please visit Bullion Star here:
If one listened only to mass media financial journalists, one would believe that precious metal prices were collapsing. However, a fact hidden by mass media financial journalists is that a violent divergence between real physical precious metal prices and future contract prices is materializing right now, with even current year precious metal coins demanding ridiculous premiums of 25%, 38%, and 100%, and later-dated precious metal coins demanding even additional premiums over the ones just mentioned.
So if bankers smash precious metal prices in futures markets but it's impossible to buy precious metal coins at any price remotely close to the spot prices established in banker-controlled derivative markets, are the latter prices even real?
It's time for everyone tired of these massive, unnatural price divergences that happen in the real physical world and in the paper derivatives banking world to become his or her own bank by selling fiat currencies for physical precious metals. If every person did this, we could break the racket together.
Click on this link to learn more about the current explosive divergence in prices of precious metals:
John Kim is proprietor of SK Wealth Academy.
* * *
Toast to a free gold market
with great GATA-label wine
Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.
Here's what the bottles look like:
Buyers can compose their case by choosing as many as four varietals from the list here:
GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?
To order a case of GATA-label wine, please e-mail Fay J Winery at firstname.lastname@example.org.
* * *
Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --
-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at email@example.com.
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit: