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Peter Thomas

Peter Thomas

Peter Thomas is a Senior Vice President at the Zaner Precious Metal Division and he is considered one of the leading gold authorizes in the world today. As a licensed floor broker, he was a filling broker in the silver pit when silver ran to $55 an ounce. He currently manages a global cash desk which handles Refiners, Recyclers, Mining Operations and Coin & Bullion companies. He is constantly in demand for his insightful opinions drawn from his 35 years of metals trade to such news companies and magazines publishers as EconoTimes, Bloomberg News, WSJ, The Guardian,US News and World Review, Hard Assets, Kitco, and Modern Trader magazine. Contact him at @Goldbug111, (312) 277-0140 or [email protected].

Metal Supply & Demand Series

The Current Shape of the Metals Market

May 20, 2016 05:28 am UTC| Insights & Views

As an add on for my miners and refiners, I do watch the price movement of ferrous metals, and yes, as of late they have just tanked downward with iron leading the pack at -16%, steel (-6%), aluminum (-7%), copper (-9%) and...

The Definitive Guide to Buying Gold Bars

Feb 25, 2016 12:06 pm UTC| Commentary

Once you have made the decision to diversify into a hard asset, the first decision becomes which form of gold should I own, Bullion Bar or Coins? All precious metals have a myriad of costs that are associated with their...

1.2 Million killed so far by air pollution in China this year

Nov 14, 2015 07:08 am UTC| Insights & Views

No matter what happens in the global push for clean air this year, China will continue on its quest to build 500 coal-fired plants designed to create electricity. The vast majority of these plants are going to be built...

Pampaloma bull run has just gone global

Oct 13, 2015 23:36 pm UTC| Commentary

Its hard to believe that a 3,000 year old market can be so vital and dynamic in our current modern society. The recent batch of economists mantra want you to believe that gold is a static market as gold pays no interest,...

Wading into the “safe harbor” of Gold

Sep 14, 2015 23:22 pm UTC|

(Corrects Singapore Gold Exchange to Shanghai Gold Exchange in second paragraph.) As the stock market stumbles and the commodity markets get hit just as hard this huge swirling and ever darkening vortex has the New...

The Fanya Metals Exchange collapse

Sep 01, 2015 08:53 am UTC| Commentary

Last week in an early morning vigilante type move, a group of investors in the city of Kunming, China in only what can be described as daring citizens arrest accosted a Mr. Shan Jiuliang, the Head of the Fenya Metals...

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Economy

Strait of Hormuz Oil and LNG Shipments Disrupted After U.S.-Israel Strikes on Iran

Global oil and liquefied natural gas (LNG) shipments through the Strait of Hormuz have been disrupted after the United States and Israel launched attacks on Iran, prompting Tehran to declare the strategic waterway closed....

MOEX Russia Index Hits 3-Month High as Energy Stocks Lead Gains

Russian stocks closed mixed on Saturday, with the MOEX Russia Index finishing flat but reaching a new three-month high. Despite ending the session unchanged at 0.00%, investor sentiment remained supported by strong...

Germany and China Reaffirm Open Trade and Strategic Partnership in Landmark Beijing Visit

German Chancellor Friedrich Merz concluded a pivotal visit to Beijing this week, signaling Germanys continued commitment to open markets and strong economic ties with China. As the first foreign leader to visit China in...

U.S. Stocks Close Lower as Hot PPI Data, Nvidia Slide Weigh on Wall Street

U.S. stocks ended lower on Friday, capping the worst monthly performance for Wall Street since March last year, as hotter-than-expected producer inflation data and continued weakness in technology stocks pressured investor...

Gold Prices Rally in February as Geopolitical Risks and Economic Uncertainty Boost Safe-Haven Demand

Gold prices surged on Friday, positioning the precious metal for strong February gains as investors sought safe-haven assets amid rising geopolitical tensions and economic uncertainty. Spot gold climbed 1.5% to $5,261.81...

Politics

Russia Signals Openness to U.S. Security Guarantees for Ukraine at Geneva Peace Talks

Russia has indicated it would accept a U.S.-backed proposal for Ukraines post-war security guarantees during recent peace talks in Geneva, according to a senior aide to Ukrainian President Volodymyr Zelenskiy. The...

Trump Launches Operation Epic Fury: U.S. Strikes on Iran Mark High-Risk Shift in Middle East

President Donald Trump authorized a sweeping U.S. military operation against Iran after receiving intelligence briefings that warned of potential American casualties while highlighting a possible geopolitical shift in...

U.S.-Israel Strike on Iran Escalates Middle East Conflict, Trump Claims Khamenei Killed

The United States and Israel have launched coordinated military strikes on Iran, dramatically escalating tensions in the Middle East. U.S. President Donald Trump stated on Truth Social that Irans Supreme Leader, Ayatollah...

Netanyahu Suggests Iran’s Supreme Leader Khamenei May Have Been Killed in Israeli-U.S. Strikes

Israeli Prime Minister Benjamin Netanyahu said Saturday that there are many signs indicating Irans Supreme Leader, Ayatollah Ali Khamenei, may have been killed in recent Israeli-U.S. airstrikes on Iran. The statement comes...

Iran Supreme Leader Ayatollah Ali Khamenei Killed in Israeli, U.S. Strikes: Reuters

Irans Supreme Leader Ayatollah Ali Khamenei has reportedly been killed in joint Israeli and U.S. strikes, according to a senior Israeli official who spoke to Reuters on Saturday. The reported death of Khamenei marks a...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Samsung Electronics Stock Poised for $1 Trillion Valuation Amid AI and Memory Boom

Samsung Electronics Co Ltd DRC (LON:0593xq) is rapidly regaining momentum as global demand for AI infrastructure and memory chips accelerates. According to recent analyst reports from Citi, Macquarie, and Morgan Stanley,...

OpenAI Pentagon AI Contract Adds Safeguards Amid Anthropic Dispute

OpenAI has confirmed that its newly signed contract with the U.S. Department of Defense (DoD) includes expanded safeguards designed to tightly regulate how artificial intelligence is deployed on classified government...

Trump Orders Federal Agencies to Halt Use of Anthropic AI Technology

U.S. President Donald Trump announced Friday that he has directed every federal agency to immediately stop using artificial intelligence technology developed by Anthropic, escalating tensions between the federal government...

Federal Judge Blocks Virginia Social Media Age Verification Law Over First Amendment Concerns

A federal judge has temporarily blocked Virginia from enforcing a new social media law designed to protect children from online addiction, ruling that it likely violates First Amendment rights. The decision marks a...

Nintendo Share Sale: MUFG and Bank of Kyoto to Sell Stakes in Strategic Unwinding

Nintendo is reportedly preparing a major unwinding of strategic cross-shareholdings that could see MUFG Bank and the Bank of Kyoto sell significant stakes in the iconic Super Mario maker. According to sources familiar with...
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