By Peter Nurse and Geoffrey Smith Investing.com — Like its more illustrious relative gold, silver has been on a tear this week, climbing to a new seven-year high above $23 an ounce, only four months after hitting an 11-year low of under $12 in March. If 2020 hasn’t been volatile enough for you, then you
Gold & Silver
The gold price will be fueled by four incredibly strong factors… by Egon von Greyerz of Gold Switzerland Zeus punished the hubristic King Sisyphus to roll a huge boulder up a very steep hill in Hades. Before Sisyphus reached the top, the stone rolled down and he had to start all over again. Hubris is
The recent surge in the silver price to above US$20 an ounce has pushed the gold-silver ratio back towards a much more sustainable level and away from the record peak of 124 in March this year. Anglo Pacific Group PLC (LON:APF, TSE:APY), the mining royalties company, said it is expecting a better second-half performance as demand for
While regular Americans were forced to give up their livelihoods others got paid to do nothing just to push the coronavirus plandemic propaganda… by Mac Slavo of SHTFplan New York City spent $52 million on a hospital for patients with the coronavirus. The hospital treated only 79 patients and say unused even as nearby hospitals
Gold prices in India continued their record-breaking rally this week with rates piercing through the ₹51,000 barrier. On MCX, August gold futures settled 0.6% higher on Friday at ₹51,010 per 10 gram after hitting a new high of ₹51,184 earlier in the session, tracking a rally in global markets. Silver futures on MCX edged higher
While the bad guys — the government-underwritten riggers of the gold market — are not going away quietly, they’re on the run now… by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: While the bad guys — the government-underwritten riggers of the gold market — are not going
History was made today when gold pricing closed near the highest daily level since August 22, 2011. In fact, as of 5:50 PM EDT gold futures basis the most active August contract is currently settling at approximately $1900.30. On a weekly chart gold closed at a new record price for the highest weekly close. Considering
Lawmakers and government employees are apparently a different breed that is incapable of catching or spreading invisible germs… by Ethan Huff of Natural News (Natural News) Muriel Bowser, the mayor of Washington, D.C., has decreed that everyone present in the federal territory must wear a face mask, including three-year-olds, to supposedly help stop the Wuhan coronavirus (COVID-19).
Despite gold hitting $1,900 this week, silver ran the table in the precious metals markets said the panelists on Kitco Podcast. Mining reporters Michael McCrae, Neils Christensen and Paul Harris joined newsletter writer Brent Cook for a look back at the week that was in precious metals, juniors and mining. Neils Chritensen said gold breaking
Whatever so-called trade deal you thought the U.S. had with China, it is over. This is signaling bad economic times at least and all-out war at worst… Greg Hunter gives The Weekly News Wrap-Up for Friday, July 24, 2020 Secretary of State Mike Pompeo ripped the Chinese Communist Party (CCP) in a speech late Thursday
Editor’s Note: Get caught up in minutes with our speedy summary of today’s must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here! (Kitco News) Gold price maintained its daily gains after the U.S. new home sales beat expectations in June, rising 13.8% versus the expected 4% increase.
Gold’s gains are everywhere these days! Everything has changed for the positive in precious metals! submitted by J. Johnson via JS Mineset Great and Wonderful Friday Morning Folks, August Gold is staying in the green with the trade now at $1,890.40, up 60 cents and closer to the high at $1,896.70 than the low
President Trump’s choice of Judy Shelton for the Federal Reserve board of governors, Fox News has learned.” data-reactid=”12″>Sen. Mitt Romney, R-Utah, plans to vote against confirming President Trump‘s choice of Judy Shelton for the Federal Reserve board of governors, Fox News has learned. Senate.” data-reactid=”13″>A spokesperson for Romney said the Utah lawmaker will vote no
The silver market has BROKEN! You won’t see it in the price. Here’s where you’ll see it… by Bix Weir of Road to Roota WOW! Yesterday 1.25B Ounces of electronic silver was traded on the COMEX and yet the Open Interest (total amount of contracts held) BARELY CHANGED! PURE FRAUDULENT HIGH FREQUENCY TRADING! [embedded content]
[embedded content] The founder and CEO of First Majestic Silver spoke with Kitco on Wednesday–the same day silver hit a 6.5-year high with September Comex silver prices trading up to $1.1403 at $22.96 an ounce. First Majestic (NYSE:AG, TSX:FR) is benefitting having traded up 14% on Wednesday and hitting a multi-year high of $14.05 a
Why the strong stock market in a weak economy? (Silver Doctors Editors) A good number of gold & silver investors keep up with the writings of Jim Rickards. He’s out with a new article, via The Daily Reckoning. In his latest article, Jim acknowledges the disconnect between the stock market and economic reality. Jim begins:
US Dollar, Gold, Silver Price Analysis & News Liquidity in Abundance with Cross-Asset Correlations Elevated Silver in the Roaring 20s, Gold looks to Record High Trend Continuation in Cross-Assets as Volatility Drifts Lower Liquidity in Abundance with Cross-Asset Correlations Elevated As liquidity stemming from monetary and fiscal policy remains rife, cross-asset correlations are elevated, most
Mnuchin says the tax holiday won’t be part of CARES 4.0, but may be in CARES 5.0. Here’s what else he said about the next round of stimulus this Thursday… Half Dollar’s Note: Wow! Not to hijack this article, but Gold is in the $1890s right now: Which is less than 2% from ALL TIME
Silver prices recede after crossing the October 2013 peak with a high of $23.26. Confirmation of a bearish chart pattern will recall the sub-$22.00 area. Bulls will have to cross September 2013 top to extend the north-run. Silver prices mark depression around $22.88 during the initial Asian trading on Thursday. The white metal surged to
Different parts of the economy might experience sharp deflation while other parts are experiencing rapid inflation. What each household… by Charles Hugh Smith via Of Two Minds July 22, 2020 This is the key dynamic of the economy going forward: defaults on debt, declining wealth as assets are relentlessly repriced lower and sharp declines in
Gold, Silver Outshine Stock Markets Despite Dow Hitting 27,000 The Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) led the way higher, with the Nasdaq Composite posting more modest gains. In particular, precious metals markets were on fire on Wednesday, with big gains across the board that reflect sentiment about the massive
How does China play into this? How will this affect the global collapse? Who benefits? by Josh Sigurdson and Tom Picciott of World Alternative Media Josh Sigurdson talks with Tim Picciott, The Liberty Advisor about the massive move towards a cashless society as the Bank of England admits that they’re looking very closely at creating
Share this article Kootenay Silver Inc. [KTN-TSXV] (the “Company” or “Kootenay”) is pleased to announce assay results from 3 new drill holes at the Copalito silver-gold project (the “Property”) in Sinaloa State, Mexico. These are the second, third and fourth core holes to be announced since the restart of the 3,000 meter, 2020 drill campaign
The “European Project” was designed with something like the current crisis in mind… by John Rubino of Dollar Collapse The “European Project” was designed with something like the current crisis in mind. The adoption of a common currency was just the first, politically easiest, step in a process that would eventually – its architects hoped
Getty Images More European stock markets are expected to fall this morning after a notable change in tone from US president Donald Trump. Amid a spike in virus cases across the Pond, Trump admitted the coronavirus pandemic will “get worse before it gets better”. Despite not wearing a mask at a press briefing, the president
“We’re serious about enforcing quarantine,” Cuomo concluded, apparently deaf to the tone of his authoritarian decree… by Ethan Huff of Natural News (Natural News) New York Governor Andrew Cuomo, whose Twitter page still has an image of him riding on a float at a previous year’s “Pride” parade, has issued an emergency health order that states all
TORONTO, July 21, 2020 (GLOBE NEWSWIRE) — Golden Tag Resources Ltd. (“Golden Tag” or the “Company“) (TSX.V: GOG) is pleased provide an update on the Company’s strategic opportunities and plans for growth. As silver prices continue to rebound, the Company’s 100% owned San Diego Project is well positioned as one of the largest undeveloped silver
What they don’t understand is inequality is America’s Monster Id: the more you try to suppress it, the more powerful it becomes… by Charles Hugh Smith via Of Two Minds What they don’t understand is inequality is America’s Monster Id: the more you try to suppress it, the more powerful it becomes… The word privilege is much
(Bloomberg) — Precious metals are shining, with both gold and silver hitting multi-year highs on the back of persistent concerns over the coronavirus and the outlook for further economic stimulus worldwide. Gold futures surged to an almost nine-year peak and silver touched the highest since 2014 after Hong Kong reported additional cases of the virus
We might see an initial move higher – back above the rising resistance line, and then a slide below it, perhaps through… by Przemyslaw Radomski via Sunshine Profits The mining stocks’ performance falls in line with what we wrote previously. Quoting yesterday’s analysis: Today, we would like to dig deeper into the analogy to the