Liberty and Finance, Released on 10/21/21Inflation is not going to be transitory, says Gary Wagner of The Gold Forecast. This will make the Fed raise rates, which will lead to an economic downturn, he says. Inflationary pressure is leading to higher gold and silver prices.Gary Wagner has been a technical market analyst for 25 years. A frequent contributor to STOCKS & COMMODITIES Magazine, he has a...Read More
Financial Survival Network, Released on 10/21/21As the situation evolves, we're seeing more and more items become scarce. When production is shut down for 3 months and then aContinue... 8 More Shortages About to Worsen added by Herman James on 10/22/2021View all posts by Herman James ?+'Read More
Citizen Free Press, Released on 10/21/21"I guess I should go down, but, but, the whole point of it is I haven't had a whole hell of a lot of time to get down. I've been spending time going around looking around at theContinue... Biden: 'I haven't had time to go the Border'... 'But my wife Jill has'... added by Herman James on 10/21/2021View all posts by Herman James ?+'Read More
Zero Hedge, Released on 10/21/21Reuters reports that Walmart customers at some of its U.S. stores will be able to purchase bitcoin using ATM-like machines installed by Coinstar.Continue... Walmart Rolls Out Bitcoin ATMs Across 200 Stores Nationwide added by Herman James on 10/21/2021View all posts by Herman James ?+'Read More
Inflation accelerated again in September, and gold prices (finally!) reacted positively. Bad news: the rally was short-lived.Unfortunately, I was right. One month ago, when commenting on the CPI readings for August, I wrote that inflation “doesn’t have to go away anytime soon” and that the economic developments suggest that “inflation isn’t disappearing just yet.&rdqu...Read More
Libs of Tik Tok, Released on 10/21/21This is so sad pic.twitter.com/3lEKZZtlt4- Libs of Tik Tok (@libsoftiktok) October 21, 2021 This Is So Sad... added by Herman James on 10/23/2021View all posts by Herman James ?+'Read More
The Western Journal (via Zero Hedge), Released on 10/21/21Swedish health officials have now decided that a moratorium on giving the Moderna vaccine to anyone under 31 will be extended Continue... Sweden Suspends Moderna Shot Indefinitely After Vaxxed Patients Develop Crippling Heart Condition added by Herman James on 10/23/2021View all posts by Herman James ?+'Read More
It was a very strange moment when this week the spokesperson for the president defended inflation as a high-class problem. She explained that higher prices are merely a sign that economic activity is picking up. People are buying things and that's good. Of course that pushes up prices, she said. Just deal with it.At this point, the White House will say anything. Truth, facts, morality - these thin...Read More
Let them munch cake...The White House chief of staff - a certain Ron Klain - recently blessed a statement by Harvard economics instructor Jason Furman.This statement declared inflation and supply chain delinkings “high class problems”:Incidentally... this is the identical Ronald Klain who objected to Trump tax cuts this way:Will [they] hold up a Campbell Soup can and argue that price i...Read More
Inflation accelerated again in September, and gold prices (finally!) reacted positively. Bad news: the rally was short-lived.Unfortunately, I was right. One month ago, when commenting on the CPI readings for August, I wrote that inflation “doesn’t have to go away anytime soon” and that the economic developments suggest that “inflation isn’t disappearing just yet.&rdqu...Read More
Daily Reckoning, Released on 10/21/21This is what is truly chilling about the unfolding crisis: They do not believe it is a crisis. They think this is a reset to the way things should work.Continue... Get Ready for Food Rationing added by Herman James on 11/04/2021View all posts by Herman James ?+'Read More
Inflation accelerated again in September, and gold prices (finally!) reacted positively. Bad news: the rally was short-lived.Unfortunately, I was right. One month ago, when commenting on the CPI readings for August, I wrote that inflation “doesn’t have to go away anytime soon” and that the economic developments suggest that “inflation isn’t disappearing just yet.&rdqu...Read More
Inflation accelerated again in September, and gold prices (finally!) reacted positively. Bad news: the rally was short-lived.Unfortunately, I was right. One month ago, when commenting on the CPI readings for August, I wrote that inflation “doesn’t have to go away anytime soon” and that the economic developments suggest that “inflation isn’t disappearing just yet.&rdqu...Read More
(Kitco News) A monetary system collapse is coming, and the trigger will be raging inflation, said Lawrence Lepard, Equity Management Associates managing partner."We've reached peak debt and peak money printing as a solution to our problems. The growth of the money supply has almost gone vertical," Lepard told Michelle Makori, editor-in-chief of Kitco News. "And this is how inflation, which could b...Read More
Peru president Pedro Castillo heard good words the community of Corani, which is also near Bear Creek Mining's silver project.Today the company (CVE:BCM) traded up 27% to $1.71.Last week representatives from the towns and villages of the Corani District were received by the President of Peru, Pedro Castillo Terrones at the Presidential Palace."During the meeting community representatives formally...Read More
Frontier Lithium (CVE:FL) announced today that it has successfully produced battery grade lithium chemicals from its own spodumene resource from the PAK deposit, part of the PAK lithium project in Ontario.The lithium salts were produced from ‘ore-to-hydroxide’ sulphate conversion route by a mini-pilot plant using core samples taken from the PAK lithium project. The Government of Ontari...Read More
In real estate many agents and investors say the three mostimportant things to the value of a property are location, location, location. Asimilar case can be made for gold with one of the keys and most importantelements to price changes being inflationary pressures. Today it was concernsabout inflationary pressures that took gold moderately higher. While a weakerdollar did provide some tailwinds a...Read More
On a higher timeframe basis: I cautioned on 8/16/18 the breakabove $1,179.7-$1,183.7 warned of renewed strength. We have seen $905.5. Thisis ON HOLD. We held major exhaustion at $2,071.6-93.2 with a $2,089.2high and rolled over $412.8 into the macro bearish correction warned about.This is ON HOLD. On a lower timeframe basis: The decent trade above at $1,771.4warned of decent strength. We saw $14.6...Read More
(Reuters) - The U.S. economy grew at a "modest to moderate" rate in September and early October, as the latest surge of coronavirus cases crested and began to recede, the Federal Reserve said on Wednesday in its latest Beige Book compendium of reports about the economy."Outlooks for near-term economic activity remained positive, overall, but some Districts noted increased uncertainty and more caut...Read More
(The opinions expressed here are those of the author, a columnist for Reuters.)ORLANDO, Fla., Oct 20 (Reuters) - "Inflation expectations" are probably two of the most important and scrutinized words in financial market and central bank circles, playing, as they do, a pivotal role in determining monetary policy decisions.Unfortunately, they may also be two of the most meaningless.Two papers publish...Read More