2020 was a stellar year for the precious metals, indeed one for the books. As the pandemic hit the global economies early in the year and governments around the world began to shut everything down and the printing machines began to print ginormous amounts of money out of thin air to save their economies from total collapse, gold jumped 24%, while silver jumped nearly 50%, over double that of gold....Read More
"You shall know the truth, and the truth shall make you free" - John 8:32 informs us.No, said Thomas Huxley. John was far from the facts."You shall know the truth," countered Huxley… "and the truth shall make you mad.""Mad" is angry by one definition. By another it is lunatic. Both definitions may pertain today.You shall know the truth about America's finances... and it shall make you mad.On...Read More
Commodity prices have remained in a prolonged downward trend since the price peak in mid-2008. Driven lower by a firming U.S. dollar (DXY) beginning in 2008-2011 and continuing until the present, the S&P GSCI Commodity Index has declined by about 80 percent over the last 13 years.The recent rally in the S&P GSCI Commodity Index (GTX) in 2020 appears to be a reaction to the DXY price weakne...Read More
Theeffort to squeezesilver shorts may appear to have fizzled, but naked short sellersare as vulnerable as ever.Silverfutures prices are entering backwardation. That is a bad omen for anyonebetting on lower silver prices.Backwardationhappens very rarely, but this condition has been a reliable indicator thathigher prices are on the way each time it has occurred over the past decade.Inthe futures mar...Read More
2020 was a stellar year for the precious metals, indeed one for the books. As the pandemic hit the global economies early in the year and governments around the world began to shut everything down and the printing machines began to print ginormous amounts of money out of thin air to save their economies from total collapse, gold jumped 24%, while silver jumped nearly 50%, over double that of gold....Read More
The recent rally in Marijuana and Alternative Pharma/Agriculture stocks has been impressive, to say the least. One thing we have to remember about this sector is that it rallied to highs in 2018 and 2019, then fell out of favor for many months. The anticipation of this new sector emerging within the US, and across many areas of the globe, prompted quite a bit of excitement after 2016 w...Read More
Sector expert Michael Ballanger examines how recent news from Getchell Gold primes the company and its investors for profit. As a newsletter writer and gold/silver market commentator, I carry over forty-four years of capital market battle scars into the emergency ward of debate over the prices of metals and companies searching for, developing, or producing those metals. As fiercely competitive as...Read More
With the world embracing renewable energy, nuclear power will see substantially more use in energy grids around the world, and with it, bring up uranium prices and uranium stocks, said Peter Grandich, founder of Peter Grandich & Co.0:00?EUR< - All-in on gold2:21?EUR< - Mining stocks vs gold5:00?EUR< - Gold vs S&P 5008:31?EUR< - Gold vs economic performance10:11?EUR< - Uranium14:22?EUR< - Renewable...Read More
00:00?EUR< Intro3:04?EUR< Bitcoin as a transfer mechanism5:31?EUR< Monero and the other cryptos9:41?EUR< The tulip bubble13:27?EUR< Mississippi Bubble & the South Sea Bubble17:09?EUR< Florida Land bubble18:42?EUR< The 1968 Stock Market Bubble19:53?EUR< Japan Bubble, Dot-com Bubble, Real Estate Bubble and now today21:08?EUR< Is this a genuine Bitcoin Bubble?23:06?EUR< What about a deflationary coll...Read More
J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton's International Commodity Division, headquartered in New York City's Battery Park. He studied under David Johnston, head of Hutton's Commodity Division and Chairman of the COMEX. In the 1980s Mike began to develop his own momentum-based method of technical analysis. He learned early on that o...Read More
Tom welcomes Ed Steer to the show, Ed writes a weekly subscriber column on the gold and silver markets. He brings us a bombshell overview of what is happening in the metals market.Talking Points From this Episode- Comex metals market activity.- Large short positions and extreme risk.- The suppression scheme is ending.Time Stamp References:0:00?EUR< - Intro0:57?EUR< - Comex Price Spreads2:32?EUR< -...Read More
"President Biden has said that we'll review the entirety of that relationship to make sure that it advances the interests and is respectable and is respectful of the values that we bring to that partnership," Continue...Read More
Corn and Soybean prices are the highest in 7 years. That has a ripple impact on feeding livestock.Continue...Read More
In his first such public appearance since the campaign, President Biden joined CNN's Anderson Cooper on stage last night in Milwaukee in a Continue...Read More
Corrections in Gold and Gold Stocks are completely normal in an inflationary macro market phaseSee also The Normalcy of Gold posted on February 16.Every week I notice the agony ratcheting up incrementally. While the rest of the casino takes off to the speculative heavens, gold sits on its heavy ass and the gold miners go nowhere in a downward-biased perma-correction. Or so it seems. It’s all...Read More
Jordan Roy-Byrne joins me for a close look at gold's correction and current test of the November lows. We discuss sentiment levels for gold vs the US markets. As well as the price action to note over the rest of this week around the key $1,770 level.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGo...Read More
In today's update, Mike Maloney and Jeff Clark discuss the insane position that silver ETFs now find themselves in, the unseen effects of President Biden's forthcoming stimulus efforts, USA's descent into a command and control economy, manipulation of precious metals prices and feedback from one of our viewers. Stick around to the end for Mike's 'Meme of the Day' - it's short but sweet. Jeff Clark...Read More
George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and...Read More
From world central banks repatriating their ?EUR
The Sprott Physical Silver Trust (PSLV) has been very busy adding a lot more physical silver lately!PSLV now has over 112 million oz of physical silver and almost 20 million oz has been added in under a month! Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC,...Read More