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Bron Suchecki
179 followers -
Precious metal market commentator
Precious metal market commentator

179 followers
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Backwardation, the Bank of England, and Falling Prices
I have a post up on Monetary Metals commenting on Jeffrey Snider's observation of the anomalous situation in the gold market between 2013 and 2016 where negative gold forward rates (GOFO) indicated backwardation while the gold price was falling. I expand on...
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Once in Goldonda
Once in Golconda: A True Drama of Wall Street 1920-1938 John Brooks Allworth Pres, 1969 p150: "Its [Wall Street] fixed star-money-had left its regular place in the heavens and begun to wander and dance and lurch. For generations the dollar had been held fir...
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Silver Smoking Gun to Stop Dishonest Dealing
I have an article up on Monetary Metals' website with some thoughts on the amended London Silver Fixing Antitrust Litigation which included damaging chat logs provided by Deutsche Bank that revealed collusion between bullion bank traders to “shade”, “blade”...
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Central Bank Non-Transparency
Just a quick post on Jan Nieuwenhuijs/Koos Jansen's article on the refusal of the Dutch Central Bank to publish a bar list. The reason given was that "the conversion of internal lists to documents for publication would create too many administrative burdens...
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Monetary Metals Closes First Gold Fixed-Income Deal at 5%
What was that about gold being a sterile asset? FREEDOMFEST LAS VEGAS, Nev., July 15, 2016—At FreedomFest, Monetary
Metals announces that it has closed its first gold fixed-income deal, to
finance the gold working inventory of Valaurum. The initial amount...
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Yin and Yang
During gold’s bear market from 2011, the flow of gold out of ETFs drove
the popularity of the West to East narrative not just among goldbugs but
also bullion market professionals. It was a life raft I suppose that
many clung to, to find hope as the price...
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The Voldemort Effect in the Gold Market
Gold market analysts have for many years puzzled over the unusual behaviour of the gold market during the 1990s, specifically the bizarrely flat gold price from 1993 to 1996 in the face of sustained selling pressure from central banks and gold miners hedgin...
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On the absurdity of buying gold
Izabella Kaminska Feb 11 11:18am : "all evidence points to a serious network-wide issue that’s spiralling out of control ... the root cause of the insecurity is the increased pressure on banks to make their systems as user friendly as the systems of non-ban...
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Monetary Metals Hires Bron Suchecki
Yep, you read right, I have resigned from the Perth Mint, see announcement below. Looking forward to being able to do some innovative stuff in the gold "space". Will be based in Perth but will get to enjoy the TSA experience a few times a year. https://mone...
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