Supporters of the World Economic Forum’s all-encompassing Great Reset agenda are eyeing BIG changes for the global monetary system. Plans that might once have been dismissed as pure speculation or conspiracy theories are now being openly pushed by people who occupy the highest levels of power.
Full Article →It is an extraordinarily dangerous time for bullion banks to continue selling silver they don’t have. Their play is to destroy sentiment and shake investors out of the market. Thus far, at least on the physical front, this effort appears to be backfiring.
Full Article →IRAs Bridge the Social Security Income Gap
We’ve reported many reasons why you should not rely solely on Social Security to fund your golden years. Those reasons are in addition to the official advice that Social Security is only designed to replace about 40 percent of your pre-retirement income. Which naturally might get a retirement saver to think: “What about the other 60 percent?”
Full Article →GOLD PRICES slipped back below $1800 per ounce Wednesday as longer-term interest rates rose further on government bonds, hitting new multi-month and multi-year highs for rich Western economies’ borrowing costs as new US President Joe Biden pushes for $1.9 trillion in Covid relief and stimulus.
Full Article →FRESH outflows from gold-backed ETFs failed to stop the metal holding above what traders called the “psychological $1800 level” in Asian and London trade Tuesday, defying yet more investment liquidation as longer-term interest rates reach multi-year highs
Full Article →Gold Price to $2,000 in 2021: BoA Analysts
Bank of America sets a 2021 gold price target of $2,000, why silver could jumpstart the next precious metals bull cycle, and thefts of catalytic converters from cars are on the rise, driven by high prices in platinum and palladium.
Full Article →Yellen Forces Fed to Begin Downsizing from $7.5 Trillion
The Fed attempts to maintain control of various rates (including inflation, unemployment and long-term interest rates) through its monetary policy decisions. In the past, poor choices arguably led to both the dot-com bubble and the Great Recession. But that’s old news.
Full Article →What IS The Real Purpose of Money?
“Money is a matter of functions four: a medium, a measure, a standard and a store.” Or at least so says an old rhyme once used in economics books. And let’s face it, three of these functions are clear. A medium of exchange is what people use to pay for goods.
Full Article →Backwardation + Evidence of Silver Supply Squeeze
In recent months, the numbers of people standing for delivery of the metal on their futures contracts has spiked. If that trend continues in March, which is the next delivery month, it may be a bigger “Come to Jesus” moment than the shorts had in March of 2020.
Full Article →Where Precious Metals Meet FinTech
For this weeks Q&A I’m talking with Mike Greenacre. Mike’s initial career was in the geophysical exploration industry, working in Africa, US, Middle East and Asia, beginning his trading and brokerage career in Switzerland, with an initial focus on steel and iron ore.
Full Article →Near-Zero Rates Sound Good (Until This Happens)
In some cases, the idea of a “near-zero interest rate” is a good thing. For example, if you qualify for 0% interest when you buy a car, you save money…
Full Article →Energy Metals Leading the Charge
What’s driving these “energy” metals? Besides ongoing currency depreciation and the risks of higher inflation, which will help boost all hard assets over time, rising demand for electricity in general and electric vehicles in particular.
Full Article →Silver Situation Update
In the last two weeks, there has been a greater awakening about the silver story – its growing industrial uses, its growing investment demand, and the pre-existing bullish posture of the silver market itself.
Full Article →Weekly News: US Mint All Out of Silver and Gold
Stories include: U.S. Mint can’t keep pace with demand again, Goldman chief calls silver a supercharged version of gold, and amateur prospector unearths a long-lost golden treasure from Medieval times.
Full Article →How Precious Metals Generate Positive Real Returns
One of the most bullish backdrops for precious metals is an environment of negative real interest rates – that is, when bonds and cash yield less than the inflation rate. […]
Full Article →Is the U.S. Dollar Nearing the “End Game”?
Jim Rickards said back in 2016: “The dollar won’t lose its reserve currency status overnight” — and he was right. But a new and disturbing signal could finally be revealing the end game.
Full Article →WILD Silver Market Swings… What Next?
As extreme market conditions drive tremendous volatility in silver spot prices, buyers are exerting unprecedented pressures on retail physical bullion products.
Full Article →Georgette Barnes: Meet the Woman Striking Gold in West Africa
This week’s TalkMining interview is with Georgette Barnes Sakyi-Addo Executive Director at Georgette Barnes Limited, Volunteer President at Women In Mining, Co-Founder of the Accra Mining Network and volunteer Elected President of the Association of Women In Mining In Africa.
Full Article →Weekly News: Silver Skyrockets on Retail Thrust
Stories include: Day traders piling into silver as analysts predict $50 price, gold’s reign as the top asset, and $400 million of civil war gold buried in Pennsylvania might have come to the surface.
Full Article →Having been reading about the great WallStreetBets #SilverSqueeze all weekend and watching zoom call after zoom call of excited precious metals experts getting ready for Silver’s moonshot this week I started to get a strange sinking feeling…
Full Article →SILVER surged Monday morning towards 8-year highs at $30 per ounce after “the call-to-arms” on Reddit brought record new interest to precious metals
Full Article →Potentially Catastrophic Inflation Surge Slips Under Radar (Until Now)
You’ve read about housing market bubbles, stock bubbles, and even credit bubbles. But the next bubble you’re about to discover could be even more dangerous, and may have even more far-reaching consequences.
Full Article →GOLD PRICED in terms of sister metal silver fell near its cheapest in 4 years in London’s bullion market Friday, despite rising near 3-week highs of its own in the aftermath of silver’s dramatic jump after users of the Reddit chatroom called on other readers to buy shares in the cheaper precious metal’s largest ETF trust.
Full Article →Does America REALLY Have a Retirement Crisis?
Because no matter what the headlines say, tangible physical assets can act as a hedge against inflation and diversification helps protect your savings no matter which direction the stock market heads. Take the steps you need to keep your retirement on track with a “sleep well at night” savings strategy.
Full Article →Biden Will Preside Over Another Financial Crisis
As Treasury Secretary Yellen together with her protégé Jerome Powell at the Fed prepare to pursue “weak dollar” policies and coordinate globally with other central planners, investors may find that the world’s strongest currencies are physical precious metals.
Full Article →Demand for Physical Bullion Surges…
America will face an increasingly authoritarian federal government ruling over a largely apathetic populace… Gold bugs aren’t betting on bridges being built any time soon – demand for physical metal ratcheted up to a new all-time high in January.
Full Article →The recent explosion of money printing and debt-funded spending by the U.S. in response to the Covid-19 pandemic has sparked a renewed interest in the key role gold and silver play in hedging against systemic risks.
Full Article →Anyone who owns precious metals, mining shares or metals’ ETFs knows the drill. First, gold and silver begin to establish an uptrend on the charts. Analysts (like us) start writing about how prices are getting ready to make an upside run…
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