The Daily Gold, Released on 11/12/21Gold needs to close above $1900 on a weekly and monthly basis to register a meaningful breakout, but even a curmudgeon like me can noteContinue... Jordan Roy-Byrne: Gold & Gold Stocks to Test Overhead Resistance added by Herman James on 11/12/2021View all posts by Herman James ?+'Read More
US economy added 531,000 jobs in October, surpassing expectations. Gold reacted… in a bullish way, and jumped above $1,800!The October nonfarm payrolls came surprisingly strong. As the chart below shows, the US labor market added 531,000 jobs last month, much above the expectations (MarketWatch’s analysts forecasted 450,000 added jobs). So, it’s a nice change from the last two d...Read More
Stansberry Research, Released on 11/12/21Causes of inflation have been in place for five to six years, where quantitative easing has been debasing the dollar, says Rick Rule, founder and CEO of Rule Investment Media. "I don't in the near-term see a stock market crash," he tells our Daniela Cambone, "with lots of cash on the sidelines in a strong economy."Rule believes that gold and cryptocurrencie...Read More
Wall Street Silver, Released on 11/12/21Andrew Maguire says wholesale imports of Silver in India and Turkey surging as they re-entered the markets in September and October.Andrew Maguire is an Independent London Metals Trader and Analyst, internationally renowned for his unique ability to read the precious metals market with the knowledge and experience gained over 35 years trading in financial an...Read More
Kitco News, Released on 11/12/21Fiscal policy is going to drive inflation, according to Ronald-Peter Stoeferle.Stoeferle spoke to Kitco on Friday. He is managing partner at Incrementum AG."I think we should focus less on what the central banks are doing, and we should focus more on what fiscal policy is," said Stoeferle. On Monday President Biden signed a $1 trillion infrastructure bill."I think w...Read More
The Morgan Report, Released on 11/12/21 (Recorded on 11/11/21)The evolution of money and the ever-increasing importance of sound money is not just important to understand from a financial standpoint, but from a societal perspective as well. Many of the societal and political issues we are currently experiencing can be credited at least partially to decades of monetary debasement and poorly managed...Read More
King World News, Released on 11/12/21Continue...James Turk has specialized in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. His career began at Chase Manhattan Bank (now JPMorgan Chase & Co.), which included assignments in Thailand, the Philippines and Hong Kong. He subsequently joined the in...Read More
QTR's Fringe Finance (via Zero Hedge), Released on 11/12/21Policy makers in the U.S. are running an unprecedented experiment and actively working to reduce supply - although the administrationContinue... $300 Oil? "Frankly, It Could Go Much Higher" added by Herman James on 11/13/2021View all posts by Herman James ?+'Read More
Mish Talk, Released on 11/12/21The number of people quitting their jobs hit new records 4 out of the last 6 months and the last 3 in a row.Continue... A Record Number of People Quit Their Job for Third Consecutive Month added by Herman James on 11/13/2021View all posts by Herman James ?+'Read More
Kelsey's Gold Facts, Released on 11/12/21Gold is real money. It is original money. It is the measure of value for everything else. Its value Continue... Gold Is Not An Investment; Not An Inflation Hedge added by Herman James on 11/13/2021View all posts by Herman James ?+'Read More
US economy added 531,000 jobs in October, surpassing expectations. Gold reacted… in a bullish way, and jumped above $1,800!The October nonfarm payrolls came surprisingly strong. As the chart below shows, the US labor market added 531,000 jobs last month, much above the expectations (MarketWatch’s analysts forecasted 450,000 added jobs). So, it’s a nice change from the last two d...Read More
Howe Street, Released on 11/12/21Bob Hoye is a trained geologist, successful resource investor and economic historian. Bob is the chief investment strategist for chartsandmarkets.com. bob hoye, gold, markets, oil, recession, silver, yield curveBob Hoye: Is the Inverted Yield Curve Predicting a Recession? added by Herman James on 11/14/2021View all posts by Herman James ?+'Read More
Alex Berenson - Substack, Released on 11/12/21This is not how it was supposed to go.From Singapore to the Netherlands to Iceland to Vermont. And coming soon to the entire northern half of the United States.Continue... Worldwide vaccine failure added by Herman James on 11/14/2021View all posts by Herman James ?+'Read More
Bloomberg, Released on 11/12/21Mohamed El-Erian, a Bloomberg Opinion columnist and chief economic adviser at Allianz SE, says this will go down in history as one of the worst inflation calls ever by the Federal Reserve.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global invest...Read More
Kitco, Released on 11/12/21The news headlines this week, along with the rising gold price, is implying investors across Continue... Gold Breaking Out Amid Loss of Investor Confidence in the Fed added by Herman James on 11/14/2021View all posts by Herman James ?+'Read More
Last night I did my usual grocery run. I don't shop at stores with philosophies. I go for el cheapo places that don't have olive bars and don't play Schubert on the intercom. I just want the stuff I need at the lowest possible prices. Even I was stunned at the 40% increase in my usual bill. I thought I was buying in a minimalist way.Later I looked more carefully at what went wrong. I bought beef a...Read More
Science Alert, Released on 11/12/21"We have identified a way of using gold nanoclusters not only to act as effective antimicrobial agents, but as a mechanism to enhance the potency of antibiotics which have become ineffective because of bacterial drug resistance,"Continue... Gold Could Be The Unexpected Secret Weapon We Need Against Antibiotic Resistance added by Herman James on 11/16/2021View all...Read More
Market participants might have been numbed by the government's release of the October inflation rate which came in well above economists polled by the Wall Street Journal. However, the same market participants have seen prices rise dramatically over this last year especially energy and food costs.The inflationary rate increased by 0.9%, well above the 0.6% prediction by economists. More alarming,...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Metals Focus, a leading independent precious metals research consultancy, reported yesterday that it expects over a 40% increase in gold demand in China this year, while domestic industrial silver dema...Read More
(Kitco News) After playing "second fiddle" to other assets for most of the year, gold is on its way back towards the 2020 record highs of above $2,000 an ounce, said DailyFX analyst Warren Venketas.There is a good upside to the price of gold as markets gear up for the Federal Reserve December monetary meeting, with the U.S. inflation and employment data at the forefront of everyone's minds."Inflat...Read More