Gold & Silver

by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: Recent correspondence between U.S. Rep. Alex X. Mooney, R-West Virginia, and the U.S. Treasury Department suggests that the department has given the Federal Reserve and International Monetary Fund unfettered control of a substantial portion of U.S. gold reserves. In
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[embedded content] (Kitco News) Gold’s safe-haven appeal is yet to kick in. The precious metal once again failed to hold the $1,800 an ounce level. And that’s despite high volatility in the U.S. equity space triggered by omicron fears. Here’s a look at Kitco’s top three stories of the week: 3. Fed Chair Jerome Powell
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Silver prices consolidated, rebounding for the second consecutive trading session and winding down the week lower by 2%. The dollar whipsawed following mixed employment data. Yields moved lower, taking their cues from the softer than expected headline nonfarm payroll report, which showed smaller-than-expected gains. While the Household survey was strong, ISM services hit an all-time
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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) - Once again, the gold market is fighting for relevancy within financial markets as investors react to more hawkish rhetoric from Federal
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The Analysis And Discussion Provided On Silverdoctors Is For Your Education And Entertainment Only, It Is Not Recommended For Trading Purposes. The Doc Is Not An Investment Adviser And Information Obtained Here Should Not Be Taken For Professional Investment Advice. The Commentary On Silverdoctors Reflects The Opinions Of The Doc And Other Contributing Authors. Your
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It’s only a question of when, not if, gold, silver and miners shoot higher… by David Brady via Sprott Money There’s been a clear bifurcation between the metals and miners over the past nine days. Gold has been drifting lower from 1815 to around 1760 as I type. Silver was no different, slipping from 23.70
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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) – Ahead of today’s non-farm payroll release, the median analyst consensus stands at 550k. Last time out the reading beast consensus
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This report does nothing to change the reborn, so-called “hawkish” Fed, which is ready to accelerate the “taper” and begin… (by Half Dollar) The Employment Situation Report, commonly called the Jobs Report, has just been released for the month of November, 2021. According to the BLS, in November: Total employment rose by 210,000 Unemployment rate
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It always comes down to the hubris of central planners, who believe they can tame, micro-manage and control the… by Claudio Grass via Claudiograss.ch Almost two decades ago, German economist Horst Siebert coined the term the “Cobra effect” to describe the real-world consequences of “well-intentioned” government interventions that go awry and produce the exact opposite results from
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Don’t call it a year just yet. Watch the headlines over the next few weeks and then watch… by Craig Hemke via Sprott Money News It has been a wild and volatile month for gold investors, and what happens next will go a long way toward determining whether or not 2022 will be a better
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Is controlling inflation even possible without blowing up all the over-leveraged countries, companies and individuals that now depend on… by John Rubino of Dollar Collapse Almost alone among the world’s serious nations, Germany has scenes like this within living memory: During the 1923 Weimar Republic hyperinflation, newly-destitute Germans burned their life savings to keep warm
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