Gold & Silver

Ponzi schemes and stock market bubbles aren’t pretty, but they eventually end, tragically… by Doug French via Mises It seems a short leap from Robinhood or Coinbase to a Ponzi scheme. “Investing is simple here,” Robinhood’s website leads. “Start building your portfolio with just $1.” Scroll down a bit on coinbase.com, and it says, “Take control
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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) – India is one of the biggest gold consumers in the world and some of the latest statistics have been released
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Even stocks that had previously held up or remained strong now seem to be showing signs of topping and breaking down… by Chris Vermeulen of The Technical Traders Market trends continue to drop due to investor concerns about geopolitical events, record inflation, rising interest rates, slowing housing, plummeting auto sales, increasing retail inventories, expanding consumer
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Silver remains pressured around intraday low, extending the week-start pullback from 21-DMA. Steady RSI hints at the metal’s further downside towards an ascending support line from mid-May. Convergence of 21-DMA, 13-day-old resistance line and 23.6% Fibonacci retracement level appears a tough nut to crack for bulls. Silver (XAG/USD) stays on the back foot for the
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Those who understand gold’s role can certainly prepare and protect themselves, but as always… by Matthew Piepenburg and Egon von Greyerz of Gold Switzerland In this June 2022 MAMChat, Matterhorn Asset Management principals, Egon von Greyerz and Matthew Piepenburg, swap thoughts on the bearish decline of U.S. risk assets along side an equally painful rise in inflationary forces.
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Key Insights Silver prices traded in a tight range. Gold prices also consolidated, capping the precious metals complex. Treasury yields were nearly unchanged. Silver prices traded sideways along with most of the precious metals complex. U.S. Treasury yields were capped following lower-than-expected existing home sales. Gold prices edged lower, capping the precious metals complex. According to the
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“…it’s quite likely that further dips will be shallow and that the ratio of risk to reward is now heavily skewed toward reward.”…  by Craig Hemke via Sprott Money News Recent data from the CFTC suggests that COMEX silver positioning is the most favorable since June of 2019. While this does not preclude more downside,
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(Kitco News) After briefly touching $17,000 over the weekend, Bitcoin is back above $20,000. But can the price outlook recover as recession calls grow and inflation continues to dominate market headlines? Stablecorp CEO Alex McDougall weighs in. When looking at price forecasts for the rest of 2022, investors need to separate crypto’s technology angle from
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This lofty extraordinarily-overbought US dollar is super-bullish for gold… by Adam Hamilton of Zeal LLC The US dollar has skyrocketed in a monster rally this year, fueled by the Fed’s extreme hawkish pivot.  Panicking over raging inflation, top Fed officials are aggressively hiking rates and starting to reverse years of epic monetary excesses.  But resulting
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Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. I’ve been here before. Probably, you’ve been here before. But if you haven’t, don’t worry, you’ll be here again. It is in the nature of things. Lex Sokolin, a CoinDesk columnist, is global fintech
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There is no easy solution, and there is no possible painless normalization path… by Daniel Lacalle via Mises After more than a decade of chained stimulus packages and extremely low rates, with trillions of dollars of monetary stimulus fueling elevated asset valuations and incentivizing an enormous leveraged bet on risk, the idea of a controlled
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AK2/E+ via Getty Images To start the conversation, silver is traditionally a top long-term hedge against inflation and currency debasement, exactly the environment we find ourselves in 2022. Hence, silver’s drift lower since August 2020 is something of a headscratcher. Industrial metals like copper, iron, zinc, aluminum and nickel have spiked higher, cousins to silver.
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Wondering why silver is under $22 halfway through 2022? (by Half Dollar) It’s simple, really. What do we get when we combine myriad ersatz financial “market” “products” with unlimited money for the Market Riggers’ use in the Rigged Casino? Well, one thing we get is $22 silver in mid-2022: Depending on perspective, or positioning, or
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