Gold & Silver

Silver prices experienced a flash crash of $0.93 per ounce during the Asian trading session and rebounded during European and North American hours but were still down on the trading session. The dollar moved higher, putting downward pressure the entire precious metals complex. Treasury yields continued to rise. There continued to be a move out

A half century ago one of the most disastrous monetary decisions in U.S. history was committed by Richard Nixon. The ramifications continue to this very day… by Antonius Aquinas via Antonius Aquinas A half century ago one of the most disastrous monetary decisions in U.S. history was committed by Richard Nixon.  In a television address,

Reuters U.S., China trade barbs at U.N. over South China Sea U.S. Secretary of State Antony Blinken called out bullying in the South China Sea on Monday and warned the U.N. Security Council that a conflict “would have serious global consequences for security and for commerce,” sparking a strong rebuke from China. The South China

What makes it toughest to be bullish on gold are government’s interventions and the… by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: Congratulations to Kitco News market analyst Jim Wyckoff for tiptoeing up to the gold market manipulation issue in his commentary this morning: https://www.kitco.com/news/2021-08-09/Gold-bulls-work-to-stabilize-price-after-overnight-flash-crash.html Wyckoff writes: “The

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) – Commodity analysts at TD Securities announced that they took profits in their tactical gold short trade. The Canadian bank was

The global economy may have finally run up against hard limits of “infinite substitution” and “infinite expansion” funded by central-bank free money…  by Charles Hugh Smith via Of Two Minds The global economy may have finally run up against hard limits of “infinite substitution” and “infinite expansion” funded by central-bank free money. We are in

Silver bounces off multi-day low but stays below a seven-week-old support line. Bulls remain off the table until witnessing a clear break above 200-DMA. 61.8% Fibonacci retracement level, September 2020 low lure the bears. Silver (XAG/USD) prints 1.55% intraday losses despite recently bouncing off the yearly low of $22.16 to $24.00 during Monday’s Asian session.

“Looks like this gap will get filled before a real rally begins.” by Morris Hubbartt  Super Force Signals A Leading Market Timing Service We Take Every Trade Ourselves! Email: [email protected] [email protected] Here are today’s videos and charts. The videos are viewable on mobile phones as well as computers. Double-click to enlarge the charts. SGS Key

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things, we’ll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company’s amount of capital employed. Basically this means that a company has profitable initiatives that it

If the level of fear being incited by the media and the White House are any indication, it may not be long before the US government mandates another lockdown, complete with…  by Daisy Luther of The Organic Prepper Author of The Ultimate Guide to Frugal Living and the Build a Better Pantry on a Budget online course If the

[embedded content] “We need to establish a ground state for the world economy, which will bring gold back into play through the expression of money as time,” said George Gilder, America’s top tech futurist, and best-selling author. He is referring to Blockchain technology. Blockchain is a decentralized distributor of digital assets on the internet which

The BIS seemingly remains an active trader of significant amounts of gold swaps on a regular basis. So far there seems to be no definitive sign that the BIS… By Robert Lambourne via GATA The recently released June statement of account of the Bank for International Settlements — https://www.bis.org/banking/balsheet/statofacc210630.pdf — contains information that suggests a

Associated Press Rhythmic gymnastics upset: Israel beats Russia, wins gold Her blue ribbon soared halfway to the rafters, and Israel’s Linoy Ashram spun and swirled and caught it, winning gold in a performance that ended Russia’s decades-long dominance in rhythmic gymnastics. Ashram, 22, became the first Israeli woman to ever win an Olympic gold medal,

After being showered with trillions upon trillions of dollars by the federal government, you would think that most Americans should be in pretty good financial condition… by Michael Snyder of The Economic Collapse Blog If you make a conscious choice to ignore all long-term consequences, managing your personal finances can be a lot of fun. 

Galaxy Resources said today that the majority of its shareholders voted in favor of a merger with Orocobre. Announced in April the A$4 billion deal (US$2.94 billion)is expected to establish a top five lithium company. Galaxy still has some court hearings to finalize the merger. Galaxy Resources has lithium production facilities, hard rock mines and

Some individuals are denied basic rights and privileges if they hold “wrong” views on matters… by Daniel McAdams and Ron Paul of Ron Paul Liberty Report In televised remarks, President Biden urged private businesses and universities to institute a China-style “social credit” system whereby some individuals are denied basic rights and privileges if they hold

Reuters GLOBAL MARKETS-Wall Street muted on jobs growth as taper, Delta fears weigh A positive jobs report drove U.S. stocks modestly higher Friday, but a parallel rise in Treasury yields signaled a downside: the good news could push the Federal Reserve to curtail its massive stimulus policies faster then expected. “It’s a number that’s hard

The beatings will continue until morale improves? (by Half Dollar) Here’s the question: Should we even be getting angry, much less mad, at the bullion banks, the COMEX, the LBMA, the CFTC, the SEC, and all of those other gold & silver price rigging entities? After all, they’re just doing what they do. Meh. Doesn’t

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) – Harmony Gold Mining today announced that an employee was fatally injured this morning, following a fall of ground incident at

What if there is more to it than just “higher demand, higher price”? by Arkadiusz Sieron of Sunshine Profits The latest WGC reports show that institutional allocation to gold will increase. What if there is more to it than just “higher demand, higher price”? In July the WGC published three interesting reports. The first one, Rethink, Rebalance, Reset:

Motley Fool 3 Things About Cassava Sciences That Smart Investors Know Like other biotechs without any revenue, its value proposition to shareholders is contingent on the success of its clinical trials. The company’s drug, simufilam, recently completed its phase 2 clinical trials, and the company plans to start phase 3 before the end of 2021.

It’s not just the Federal Reserve… by Peter Schiff of Peter Schiff Podcast Jack Dorsey’s Square acquires #Afterpay in largest corporate takeover in Australian history. Activision discriminates against Republicans, not women. Black Women’s Equal Pay Day is based on nonsense. Gender pay gap in women’s #soccer is a result of their own choices. FULL SHOW

Gold, Silver and other precious metal prices in India on Friday, Aug 06, 2021 Indian spot gold rate and silver price on Friday, Aug 06, 2021 Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Friday, Aug 06, 2021 By HT Analytics PUBLISHED ON

You’d think we’d have discovered all the ways that the unsophisticated can borrow too much money. But no, it turns out that… by John Rubino of Dollar Collapse This week, US household debt jumped by the most in 14 years to a new all-time record. The last time it did something like this was in

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) – Nord Gold, the internationally diversified gold producer, announced Thursday that its Lefa mine team has started mining at the new

The diminishing effect of the stimulus is not just staggering, but the increasingly short impact of these programs is alarming… by Daniel Lacalle via Mises The United States economy recovered at a 6.5 percent annualized rate in the second quarter of 2021, and gross domestic product (GDP) is now above the prepandemic level. This should be viewed

Reuters Fed taper bets knock gold in run-up to U.S. jobs data Gold fell to test the pivotal $1,800 support level on Thursday, as a key Federal Reserve official’s hawkish comments reinforced bets for early tapering of the central bank’s asset purchases, ahead of a key monthly U.S. jobs report. Spot gold slipped 0.4% to

Sick of the manipulation? It’s simple, really. The problem is, 99.999% of the silver “advocates” out there are fakes, frauds and phonies. The real silver advocates are cast into exile… (by Half Dollar) Here’s the lame excuse, the lie, really, that disgusts me the most: “But I take my ‘profits’ out of the ‘market’ and

Gold, Silver and other precious metal prices in India on Thursday, Aug 05, 2021 Indian spot gold rate and silver price on Thursday, Aug 05, 2021 Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Thursday, Aug 05, 2021 By HT Analytics PUBLISHED ON

We know inflation is here. The question now is whether or not the economy will… by Graham Summers of Gains, Pains, & Capital So, will it be stagflation after all? It is already clear that inflation has entered the financial system. Those who claim that this cannot be true because Treasury bonds aren’t showing it