This guy is a turd rolled in slime. Demand globally is up. the WA CBs have all but stopped selling and many CBs world wide are buying gold on a daily basis. New metals markets are opening in the ME and SE Asia to both service demand and to remove themselves form the crooked dealings of new york and london.

Mine production is down for gold. It is down even more so for silver as the base metal mining sector which supplies 2/3 of yearly silver production, has decreased significantly. Investor demand has ramped up for individuals, funds, and governments. Fiat is being trashed by bankers and governments. Most of the "precious metal" sold in the last decade was really oversubscribed paper. One has to wonder what % of the physical, reportedly owned by the various ETFs, is really owned unencumbered.

Fartman seems to be the Nadler of the mainstream.