China has been buying a lot of U.S. crude oil lately, perhaps in a belated attempt to fulfill some of the energy import quotas agreed with Washington last year or perhaps in a bid to take advantage of supercheap U.S. crude. But the buying spree is about to end.This month alone, China could import between 867,000 bpd, according to Reuters' Refinitiv data, and 900,000 bpd, according to oilfield serv...Read More
RESEARCH HIGHLIGHTS:Gold rebounded quickly and broke to higher prices after the COVID deep selling. Our Fibonacci support levels for Gold are resting near $1,885, $1,815 & $1,790.More downside pressure on price is possible, but if support is maintained at $1,885 then we could see a big upside recovery trend take Gold to $2,250.Just before the COVID-19 collapse in the markets hit near February...Read More
Mining production? No. China’s consumer demand? No. The main drivers of gold prices are, as I’ve repeated many times, the U.S. dollar and real interest rates. You don’t believe it? You don’t have to – just look at the charts below. The first one displays the greenback and the dollar-denominated price of gold. Because other series start much later, I used here the Trad...Read More
China has been buying a lot of U.S. crude oil lately, perhaps in a belated attempt to fulfill some of the energy import quotas agreed with Washington last year or perhaps in a bid to take advantage of supercheap U.S. crude. But the buying spree is about to end.This month alone, China could import between 867,000 bpd, according to Reuters' Refinitiv data, and 900,000 bpd, according to oilfield serv...Read More
RESEARCH HIGHLIGHTS:Gold rebounded quickly and broke to higher prices after the COVID deep selling. Our Fibonacci support levels for Gold are resting near $1,885, $1,815 & $1,790.More downside pressure on price is possible, but if support is maintained at $1,885 then we could see a big upside recovery trend take Gold to $2,250.Just before the COVID-19 collapse in the markets hit near February...Read More
Mining production? No. China’s consumer demand? No. The main drivers of gold prices are, as I’ve repeated many times, the U.S. dollar and real interest rates. You don’t believe it? You don’t have to – just look at the charts below. The first one displays the greenback and the dollar-denominated price of gold. Because other series start much later, I used here the Trad...Read More
LONDON, 27 September 2020 - Demand to buy silver on BullionVault last week outstripped gold demand for the first time reports today's Sunday Times, reaching a total of ?22.9 million against ?20.6m.Also quoting BullionVault analysis as well as its trading data, "Silver, like gold, acts as a safe haven asset and store of value," says the UK's best-selling Sunday broadsheet.Read the full story in t...Read More
Adam HamiltonArchivesSep 25, 2020The gold miners' stocks have just been hammered, plunging to new correction lows. That shattered their indexes' 50-day moving averages, pounding nails in the coffin of this sector's recent high consolidation. This necessary correction probably isn't over yet. It is still small and short compared to this bull market's precedent, the gold stocks are nowhere near over...Read More
After appearing to have what many believe to be a stroke live on his show The Ron Paul Liberty Report on Friday, Dr. Paul is alive and in good spirits!Message from Ron Paul: "I am doing fine. Thank you for your concern." pic.twitter.com/aALmLn8xIj- Ron Paul (@RonPaul) September 25, 2020 Thank God, Dad is doing well. Thank you for all your prayers today. https://t.co/xNXUa6Pnq4- Senator Rand Paul (...Read More
As the cultural war consumes American politics during this election cycle, the economy remains in a precarious state. Millions of people live on the margins. The only constant for them is insecurity. Economists debate an eventual recovery. They speak of a U, V and a L. But is it in fact a "K-shaped" recovery? A permanent underclass? CrossTalking with Richard Wolff & Peter Schiff.Peter Schiff is an...Read More
Eric Sprott recaps a challenging week for the precious metals but looks forward to better days ahead for the sector.Sprott Money News ? Sprott Money News Weekly Wrap-up - 9.25.20Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securitie...Read More
Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted Japan's collapse in 1989, the d...Read More
According to Rob Kirby, this raid like all the others is being orchestrated by the desperate monetary authorities to try to make the dollar look pretty. Unfortunately, there's not enough lipstick in the world to keep the fraud going. Physical metal is in short supply and demand is off the charts. This will only serve to hasten the demise of the dollar, who's time is shorter than ever. Rob is of th...Read More
Gold and silver are correcting from their recent highs. If you're new to the party, you're probably worried. This is not the first washout rodeo - nor will it be the last.Topics include:- What Tom and Ross agree is the "generational trade"- How a billionaire manages portfolio allocation- The key to making big scores, over and over again (where the REAL money is made)- Which billionaire doesn't hav...Read More
The UK health Minister confirms that he doesn't understand the concept of false positive math. Australia goes full-lockdown despite practically no hospital loading. The media is busy mashing up terms and confusing the landscape using 'cases' when it means 'positive PCR tests' and Covid-19 when it means SARS-CoV-2. What's going on here? Sadly it seems like science, logic and common sense are being...Read More
The fine may seem like a lot ($1 billion Dollars), but relative to the total profits from manipulating precious metals "markets" it is not even 10% of the profits. JP Morgan to pay almost $1 billion fine to resolve U.S. investigation into trading practices https://www.cnbc.com/2020/09/23/jpmor...Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrari...Read More
It appears that Dr. Ron Paul just had a stroke during a live stream of his "Liberty Report" web series. Continue...Read More
Time Stamp References:1:25 - Problems in the Comex?2:20 - Open interest and delivery.3:30 - No evidence of failure to deliver.6:15 - Reasons for large open interest.8:00 - Arbitrage and bullion banks.11:40 - Optimal gold in your portfolio.12:20 - Recommends holding some physical.15:10 - Bitcoin being better than gold.17:20 - Inflation and currency creation.20:40 - Why the Fed can't have deflation....Read More
Harley Schlanger's work can be found at LaRouchePAC.com.Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More