Gold and silver ended the week slightly down as gold spot price closed at $1283 oz and the silver spot price finishing the week at $15.41 oz in US dollar terms.

FULL SHOW NOTEs & RELATED ARTICLE BACKLINKs:
http://bit.ly/2RCM0A5

This week’s returning guest is coming shortly. In our conversation we touch on the largest industry related news of late including the 2nd and 4th largest gold miner consolidation, what that may mean for the gold mining and supply side moving ahead.

Another billionaire has come out claiming to have recently bought gold. We’ll discuss if the man actually bought gold bullion or merely a synthetic derivative product.

Palladium price again hit a nominal new record price high this past week. We will touch on a recent South African gold, platinum, and palladium mining strike now underway. As well, we will discuss a shockingly tiny palladium warehouse inventory for one of the world’s major futures contract market brand names.

Welcome to this week’s Metals & Markets Wrap I am your host James Anderson at SD Bullion.

With us this week is a returning guest, the proprietor of the SmaulGld website, Mr. Louis Cammarosano.

1) Gold miner bulls getting excited about the Newmont GoldCorp consolidation… combined they output about 245 tonnes of gold per year total.

2) Sam Zell claiming he just bought Gold for the first time, of course no Bloomberg follow up on what vehicle he used. High chance he didn’t buy Gold Bullion but some synthetic derivative (e.g. IAU or GLD).

3) Another coming South African mine strike this time in Pd and Pt mines, one a large South African gold mine ongoing.

Bloomberg Sam Zell clip source: https://youtu.be/vZuju2c23v8?t=5

Warren Buffett Silver Hoard 1997 – 2006
http://bit.ly/2CxS7uX

South African Palladium and Platinum Mine Strike
http://bit.ly/2RCLWQR