Liberty and Finance, Released on 5/17/23Bullion banks are likely extremely net-short at the moment. Typically, this short position would signal lower prices ahead. However, head of research at GoldMoney Alasdair Macleod says this time is likely to play out differently. Because banks are experiencing an outflow of deposits and are needing to reduce leverage, some traders may be pressured to close s...Read More
Peak Prosperity, Released on 5/17/23Some of Elon Musk's fans are furious newly appointed Twitter CEO Linda Yaccarino chairs a World Economic Forum committee. After Elon Musk officially announced the appointment of Linda Yaccarino as Twitter CEO on Friday, users across the political spectrum quickly took to the platform to voice perceived flaws in the exec's former work and online behavior. Respons...Read More
Beyond Gold & Silver, Released on 5/17/23Why is gold so significant in restoring trust and stability in a currency? In this video, Lynette Zang delves into the ongoing issues surrounding Zimbabwe's currency. She also explains the controversial measures taken by the government to obtain the necessary gold reserves and the potential consequences for miners. We hope this presentation can help you get...Read More
Armstrong Economics, Released on 5/17/23 In November 1993, Joe Biden referred to "jive folks" as "predators." He said there was no way to rehabilitate them and that it "should noContinue... Armstrong: Remember When Joe Biden Was Openly Racist? added by Herman James on 05/17/2023View all posts by Herman James ?+'Read More
The Felder Report, Released on 5/17/23Despite the stock market rally so far in 2023, the S&P 500 Index has not come close to regaining its all-time highContinue... Jesse Felder: This could prove problematic for a stock market that appears far out of equilibrium added by Herman James on 05/18/2023View all posts by Herman James ?+'Read More
System Update - Twitter, Released on 5/17/23?EUR 1/4 ?,? All Americans *need* to understand the Durham Report's dire implications for their democracy:@GGreenwald: "The most dangerous development of all in the US is that the Security State is fully liberated... to use their investigative powers to manipulate our politics, control... pic.twitter.com/BB41GE0BQp- System Update (@SystemUpdate_) May...Read More
Forbes founder B.C. Forbes, writing in 1916:Picture a party of the nation’s greatest bankers stealing out of New York on a private railroad car under cover of darkness, stealthily riding hundreds of miles South, embarking on a mysterious launch, sneaking on to an island deserted by all but a few servants, living there a full week under such rigid secrecy that the names of not one of them was...Read More
The Epoch Times (via Zero Hedge), Released on 5/17/23UK authorities are investigating an "unusual" surge in severe myocarditis which has hit 15 babies in Wales and England and has killed at least one, the World Health Organisation has announced.Continue... WHO Warns Of 'Unusual' Surge in Severe Myocarditis in Babies added by Herman James on 05/20/2023View all posts by Herman James ?+'Read More
Soar Financially, Released on 5/17/23Guest Keith Weiner discusses how capital flight is rampant out of China and effecting the Yuan's ambitions of a world reserve currency. He shares his outlook for the gold price and his overall macro views. Keith Weiner earned his Ph.D. from the (non-accredited) New Austrian School of Economics. He speaks worldwide about the failing dollar system and the need to...Read More
Financial Survival Network, Released on 5/17/23Jim Welsh believes that the coming secular bear market has already begun and that it will be worse than the 1966-1982 period. He bases this on factors such as debt, demographics, and the risk of war. He believes that the economy will slow in the second half of 2021 and that the market will follow, leading to lower returns for investors. He suggests th...Read More
What if bitcoin just topped? What doesit change for the price of gold going forward, if anything?Many years ago, people wanted to buy goldbut didn’t really want to store it in their homes, pay for safekeeping andinsurance during transport, and so on. The demand gap was filled by all sortsof e-gold, e-bullion, and overall pooled accounts. This idea might seem odd tothose, who are new to the p...Read More
Approximately 12 years ago, I wrote my first public market prognostication and it was focused on gold.At the time, gold was enjoying a parabolic rally, and the discussion amongst the general public was how far past the $2,000 mark gold was going to strike during that rally. So, on Aug. 11, 2011, I concluded my first gold articleas follows:"Again, since we are most probably in the final stages...Read More
Glenn Beck - Twitter, Released on 5/16/23So the Durham Report revealed the Clinton campaign, Obama, Biden, the CIA, and the FBI all colluded to make sure Donald Trump was labeled a shill for the Russians. This is WAY worse than Watergate and NO ONE paid a price?! pic.twitter.com/wSDoliyqBN- Glenn Beck (@glennbeck) May 16, 2023 Glenn Beck: This is WAY worse than Watergate and NO ONE paid a price?!...Read More
Financial Survival Network, Released on 5/16/23Gordon T. Long believes that the banking system is in an extinction event and that the Fed's reduction of interest rates may initially create excitement, but will eventually break down. He also believes that the dollar is currently a safe haven, but that risk premiums on bonds will push interest rates up to 4%, and that the Fed is trying to buy time t...Read More
The LaRouche Organization, Released on 5/16/23The Zelensky tour of European capitals provided the opportunity to NATO leaders to increase the risk of triggering nuclear war, while impoverishing their people, by committing more resources to the war, and imposing harsher neoliberal economic policies on their people. In doing so, they are arrogantly turning their backs to a peace offensive, especiall...Read More
The New Jersey railway station was bitterly cold that night. Flurries of the year’s first snow swirled around street lights. November wind rattled roof panels above the track shed and gave a long, mournful sound among the rafters...At a gate seldom used at this hour of the night was a spectacular sight. Nudged against the end-rail bumper was a long car that caused those few who saw it to sto...Read More
The hype surrounding artificial intelligence is getting out of control.I figured choppy market conditions would put a lid on some of the crazier AI discourse pundits have tossed around since these stocks first started running earlier this year.But it's only getting worse.Every day, I stumble across a new hot take on the market's latest fad. AI will improve our efficiency, destroy menial office tas...Read More
Axios, Released on 5/16/23There have been at least three, admittedly distant, times when the U.S. failed to keep its financial word.Continue... U.S. has defaulted on its debt three times added by Herman James on 05/22/2023View all posts by Herman James ?+'Read More
Approximately 12 years ago, I wrote my first public market prognostication and it was focused on gold.At the time, gold was enjoying a parabolic rally, and the discussion amongst the general public was how far past the $2,000 mark gold was going to strike during that rally. So, on Aug. 11, 2011, I concluded my first gold articleas follows:"Again, since we are most probably in the final stages...Read More
What if bitcoin just topped? What doesit change for the price of gold going forward, if anything?Many years ago, people wanted to buy goldbut didn’t really want to store it in their homes, pay for safekeeping andinsurance during transport, and so on. The demand gap was filled by all sortsof e-gold, e-bullion, and overall pooled accounts. This idea might seem odd tothose, who are new to the p...Read More