0:00 - Introduction0:30 - Cheaters5:07 - Shorts Hedging?6:24 - Banks Spoofing?8:51 - Gov't Response14:01 - A New Era Begins17:16 - Silver Shorts Legit?20:43 - What Has Changed?24:17 - BOA OTC Position27:58 - COT Reports30:53 - Silver Squeeze33:26 - Retail Premiums38:41 - Industrial Users43:44 - 1000oz Bar Market48:27 - Wrap UpTom welcomes Ted Butler back to the show to discuss the recent activity...Read More
All eyes are on the Federal Open Market Committee this week, which is expected to shed light on policy after its two day meeting, set to run from July 27 to July 28. Gareth Soloway, chief market strategist at InTheMoneyStocks.com, said he'll be paying close attention to what the central bank says. He also discussed a bullish pattern he sees forming in gold and what it would take to trigger it, and...Read More
Rick Rule founder of Rule Investment Media speaks with our Daniela Cambone about the Federal Reserve's next moves after hitting $8 trillion on its balance sheet. "The Fed is in a box...they have placed themselves in a box with their policies," Rule explains.With inflation uncomfortably high and the COVID-19 Delta variant raising economic concerns, a divided Federal Reserve meets this week to discu...Read More
The CDC has released a gigantic romp through the Covid hospitalization and death data. Some fascinating things I did not expect have emerged. The bad news is that 8 comorbidities are highly correlated with worse outcomes and/or death. The good news is that a bunch of comorbidities seemed to not make things any worse, and might have even been slightly protective. Weird, right? The most glaring stat...Read More
Much of the economic recovery is an illusion, says Andy Schectman, president of Miles Franklin. The markets are being propped up by stimulus. It's going to eventually collapse, he says. "You need to be proactive" by acquiring real money: gold and silver. He says right now, with some of the lowest premiums for metals we've seen in two years, this may be the best time to buy.0:00 Intro1:25 Lower pre...Read More
Maybe this will be the last straw, the final discrediting of the CDC, and the moment at which the American people will demand that enough is way more than enough.Continue...Read More
In case you're wondering where the increase in CO2 emissions is coming from, it ain't the U.S. or EU. It's all from China. Maybe the climate alarmists in Washington, New York and London will get over it and start talking about China instead of ruining our economies.Continue...Read More
We have an argument between Big Tech, which favors censorship, and the Biden White House, which favors more censorship. As Shakespeare wrote, "A plague on both your houses."Continue...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
I have been warning about this because this is the precise talk behind the curtain. Brady has the courage Continue...Read More
The Fed's manipulation of the money supply and its cost Continue...Read More
"Ill-conceived policies by both the federal and state governments are beginning to have serious consequences for Hidalgo County." "I call on federal immigration officials to stop releasing infected migrants into our community and am further calling on Governor Abbott to return to Hidalgo County the safety tools he took away that would help us slow the spread of this disease. This is unacceptable."...Read More
According to their latest 13F form filings with the Securities and Exchange Commission, as of March 31, 2021 the U.S. mega banks Continue...Read More
Here are five Fastmarkets stories you might have missed on Wednesday July 28 that are worth another look.German steelmaker Salzgitter has delivered green strip steel to automotive producer Mercedes-Benz, the company recently announced.The main workers union at Escondida, the world's largest copper mine, has called on its members...Read More
The Capitol Police Officer who gave emotional testimony during which he claimed he was more frightened during the January 6 riot than during Continue...Read More
Centers for Disease Control and Prevention (CDC) Director Dr. Rochelle Walensky told reporters during a teleconference on Tuesday that Continue...Read More
"The lower real rate is being driven by increased demand for inflation-linked Treasury bonds amid concerns on Continue...Read More
The real bull market in Gold won't begin until stagflation hits, which should coincide with the end of the handle on Gold's cup and handle pattern. Then Gold and gold stocks will outperform the stock market. Gold's correction compares with three bull market corrections. Their data helps us assess a bottom in Gold and potential for a breakout window.Learn Jordan's potential 10-bagger stocks: https:...Read More
Prices for steel billets imported to the Philippines have jumped in the week to July 28 after Chinese buying activity inflated offer prices for mills in Southeast Asia, sources told Fastmarkets.Trading activity into the Philippines had been quiet the previous week in the face of huge Chinese demand, with just one deal for Vietnamese induction furnace (IF) billet heard done at $688 per tonne cfr Ma...Read More
The export billet trade from Iran has dried up in recent weeks amid severe production cuts at mills enforced by the shortage of electricity supply in the country, Fastmarkets heard on Wednesday July 28.Extreme heat and drought conditions have reduced water levels to the point that generation of sufficient hydro-electric power has become impossible."Mills are allowed to use electricity at nighttime...Read More