Gold & Silver

Silver stays on the front foot after the strongest daily upside in four months. Firmer RSI, sustained break of three-month-old trend line favor buyers. July low adds to the downside filters, key SMA confluence offers a tough nut to crack to the bulls. Silver (XAG/USD) stays on the front foot, up 0.30% intraday around $24.80

No nation can produce less of lesser quality, and squander more on infinitely greedy and corrupt elites, all funded by issuing trillions of…  by Charles Hugh Smith via Of Two Minds No nation can produce less of lesser quality, and squander more on infinitely greedy and corrupt elites, all funded by issuing trillions of new

The United States started a Paralympic gold-medal streak in women’s sitting volleyball on the final day of the Tokyo Games, successfully defending its gold medal from Rio five years ago. The Americans solidified themselves as the sport’s new powerhouse, taking down China in four sets at one of the last competitions in Tokyo. Including wins

Central banks maintain interest in gold… by Jason Burack of Wall St For Main St  Central banks added a net 30.1 tonnes (t) to global official gold reserves during July 2021. FULL SHOW NOTES AND LINKS HERE Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews

Ontario-based First Cobalt (TSX-V:FCC) said today it closed $45 million in financing mostly debt financing. Funds will be used to recommission a hydrometallurgical refinery located in Ontario, Canada. “With the completion of this financing, the First Cobalt project team can now accelerate long lead equipment orders for our Canadian battery materials refinery as we pursue

If history can teach us anything, it’s that humans don’t learn from history…  by Mac Slavo of SHTFplan If history can teach us anything, it’s that humans don’t learn from history. In the spring of 2020, hoards of unprepared sheep stampeded into grocery stores and department stores to buy every last roll of toilet paper

Armadale Capital plc (LON: ACP) said today it received its mining licence for its 100%-owned Mahenge graphite project in south-east Tanzania from the Tanzanian Ministry of Energy and Minerals. The company said that a definitive feasibility study shows a pre-tax net present value of $430 million, internal rate return of 91% and payback period of

We live in unprecedented times… by Ron Paul of Ron Paul Liberty Report We live in unprecedented times. Never has the entire world faced authoritarianism on this scale before. Never has there been a financial bubble of this magnitude, that also encompasses the entire world. Naturally, a bust of the magnitude that we are facing

Sprott’s uranium trust is partly credited with lifting the metal, according to RBC Dominion Securities. The bank published research yesterday noting the rise in uranium prices. Bellwether Cameco is up 18% for the week to $21.39 a share. The company is also up 60% for the year. Juniors and developers are up sharply, too. In

The “good times” were supposed to be rolling by now, but instead the wheels are starting to come off… by Michael Snyder of The Economic Collapse Blog The “good times” were supposed to be rolling by now, but instead the wheels are starting to come off, and the economic outlook for the rest of the

The “Magic 4” earned its name Friday night in Tokyo, winning Paralympic gold for the United States in the universal relay. Noah Malone, Brittni Mason, Nick Mayhugh and Tatyana McFadden teamed up in the Paralympic debut of what one commentator called track and field’s “greatest hits” event, setting a world record in the process. “We

When you understand the fiat system you will realize the benefits of having a position in metals… James Anderson on Palisades Gold Radio James discusses traveling through Turkey recently and seeing Istanbul’s impressive ancient architecture. There is considerable bullion demand in Turkey particularly due to ongoing issues with their currency. The people there are suffering

(Bloomberg) — Gold jumped to a seven-week high after a report showed the U.S. economy added fewer jobs than forecast, easing concerns that the Federal Reserve will soon pare back stimulus. Nickel and aluminum led gains in most base metals. Data on Friday showed the U.S. nonfarm payrolls increased 235,000 in August, the smallest gain

Calling attention to the conflicts of interests makes you a science denier— a heretic. Questioning the ulterior motives of the people involved makes you a conspiracy theorist… by Simon Black of Sovereign Man More than 400 years ago in the year 1615, the Catholic Church hired eleven ‘expert consultants’ and asked them to review the

Silver attracted dip-buying near the weekly trading range support, around the $23.80-75 region. The range-bound price action constitutes the formation of a rectangle, pointing to indecision. Mixed technical indicators on hourly/daily charts warrant caution before placing aggressive bets. Silver regained some positive traction on the last day of the week and recovered a part of

If gold shines brightest as real rates go deeper and faster into the… by Matthew Piepenburg via Gold Switzerland Reason 1: The Taper Debate May Not be a Debate at All Here, we look past the taper headlines and ask a simple question: Would a Fed “tapering” of QE really matter? As we’ve written elsewhere,

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) - Services PMI’s have been mixed so far. Most of the major nations are in expansionary territory but the likes of Australia

If you believe the jobs numbers, they’re ugly. Surely the Fed’s Apologists, Enablers, Shills, Sympathizers, and Worse are all giddy that “the Fed can’t taper” because of this report… (by Half Dollar) The latest Employment Situation Report, commonly called the Jobs Report, has just been released for August, 2021. On Wednesday, the ADP Employment Report

Silver price is still within the week-long horizontal channel as investors focus on the nonfarm payrolls. Analysts have predicted a reading of 750,000, which is lower than the prior month’s 943,000. As for the unemployment rate, the forecasted 5.2% is lower than July’s 5.4%. Positive will continue to exert pressure on the US dollar while

Gold could go straight up to new record highs… by David Brady via Sprott Money After a week of waiting for Powell’s pivotal Jackson Hole speech, it was a complete dud. He punted the decision on a possible taper to the next FOMC meeting on September 22. The only words of interest from Powell today

Over the course of 2021, the United States Federal Reserve has communicated optimism with respect to the economic recovery from the Covid-19 virus and inflation as it looks to move toward tightening monetary policy. While the Fed’s position is that the recent spike in inflation across a range of products, services and metrics is a

Recent data from the United States should worry us. Amid the reopening and the biggest fiscal and monetary stimulus in recent history… by Daniel Lacalle via Mises Recent macroeconomic data from the United States should worry us. Amid the reopening and the biggest fiscal and monetary stimulus in recent history, and with all the possible tailwinds from policy decisions,

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) – Both gold and silver have moved marginally higher ahead of the European open this morning. The yellow metal is 0.08%

The Fed knows they risk collapsing asset prices should rates… Michael Pento with Patrick V. on Silver Bullion TV SBTV spoke with Michael Pento, founder of Pento Portfolio Strategies, about how the Fed’s Taper Tantrum specter will affect markets. If the last taper exercise could not raise rates beyond 2.5%, the Fed knows they risk

Agnico Eagle Mines (NYSE: AEM) announced today that it has agreed to subscribe for 13,333,333 units of Candelaria Mining (TSX-V: CAND) in a non-brokered private placement at a price of $0.45 per unit for total consideration of approximately $6,000,000. With the investment Agnico Eagle will now own 23,453,333 common shares and 6,666,667 warrants, representing approximately

Investors should prepare themselves for a scenario where gold and silver… by Stewart Thomson of Graceland Updates 1.   Why is Jay Powell so adamant that inflation is temporary? 2.   If the Fed acknowledges that higher inflation is ingrained, it must raise rates and kill its QE welfare programs for stock, bond, and real estate investors.  That’s the last

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) - Gold prices are slightly lower and silver solidly higher in midday U.S. trading Wednesday. Metals traders are seeking the next significant

The current inflationary concerns are less important than current global market expectations… by Chris Vermeulen of The Technical Traders Last week, the US Federal Reserve reiterated statements in support of continued easy money policies and support for a recovering US economy.  Additionally, Jerome Powell made a statement suggesting tightening too early could be much more

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) – Gold and silver are mixed this morning with gold trading 0.12% higher and silver trading -0.22% in the red. Both

We are just beginning to see the first stages of precious metals demand. With the Fed and central banks using…  by Steve St Angelo of SRSrocco Report With continued strong demand for precious metals, U.S. Mint Gold Eagle Sales already surpassed last year’s total, and there are still four months remaining in the year.  That