Arcadia Economics, Released on 6/30/21

The Basel III date of June 28th has come and gone, with little movement in gold or silver prices. But what’s really going on behind the scenes? Will Basel III have any impact? And perhaps more importantly, is it a reflection that behind the scenes, the banks have, or are close to finally running out of silver?

Known primarily by his nickname “Turd Ferguson,” Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.

Chris Marcus worked 2 years at bond rating agency Moody’s, has an MBA from Wharton, and also worked 7 years as an equity options trader for Susquehanna International Group on the American and New York Stock Exchanges, before leaving in 2012 to create Arcadia Economics. In addition to publishing Arcadia’s Monthly Market Snapshot, he also currently writes market commentary for gold and silver dealer Miles Franklin, Investing.com, and several others.

  basel 3, Craig Hemke, gold, JP Morgan, manipulation, precious metals, silver