The gold market enters trading for the month of November on a losing streak. Can bulls finally turn things around?Their first test will be to defend the line of support established from the September and October lows. Although the gold market registered a seventh consecutive monthly decline in October – marking its worst string of monthly losses in 50 years – daily prices didn't actual...Read More
USA Watchdog, Released on 11/1/22"This is why it is getting closer for implosion because the whole system can't take this. . . .The risk is increasing exponentially. So, I think people should be prepared . . . Most asset markets have lost money, and it is going to get worse."Egon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland. Since the 1990s Egon v...Read More
ITM Trading, Released on 11/1/22My special guest this week is Egon von Greyerz. We talked about what's going on in the derivative markets, war, energy, failing economies, and really using currencies as a weapon.0:00 Intro to Egon von Greyerz1:47 Great Britain & Credit Suisse5:26 Derivatives vs. Swaps14:15 Crisis in Confidence & CBDC's22:10 Wealth Transfer & Energy Crisis20:43 War & the Weaponizati...Read More
Liberty and Finance, Released on 11/1/22Silver supply remains extremely tight. Nations are moving away from the Dollar and gold is re-establishing itself as a monetary asset. And the biggest money in the world is waking up and moving into physical precious metals. Signs of a "financial nightmare" coming are clear. Andy Schectman, CEO & president of Miles Franklin, explains in this interview his pe...Read More
The Post Millennial - Twitter, Released on 11/1/22Glenn Greenwald @ggreenwald weighs in on the Paul Pelosi attack:"Skepticism itself can never be wrong ... Even if evidence does emerge later on to prove it, the skepticism itself was not just valid, but necessary." pic.twitter.com/4ClCuPMnVb- The Post Millennial (@TPostMillennial) November 2, 2022 Glenn Greenwald is a journalist, constitutional law...Read More
Contra Corner (via Dollar Collapse), Released on 11/1/22So the question recurs as to whether Fed policy will lead to serious broken financial furniture in the months and quarters ahead.Continue... Stockman: Why The Fed Is Gonna Break Some Serious Financial Furniture added by Herman James on 11/02/2022View all posts by Herman James ?+'Read More
The Post Millennial, Released on 11/1/22The Biden administration announced this week that it has sent an undisclosed number of US military personnel to Ukraine, with their sole purpose Continue... American soldiers are now in Ukraine added by Herman James on 11/02/2022View all posts by Herman James ?+'Read More
Macro changing in favor of the gold stock sector is and has been a processThe process began with the leveling off of inflation’s momentum and continued as the global economy began to show signs of weakness (e.g. US manufacturing deceleration and developing supply chain slack among several other problem areas as exposed during the current earnings season).While the nominal sector (HUI or the...Read More
On the 1-year chart for gold shown below, we can see precisely why it has been in a quite severe downtrend from its peak last March. It is because the dollar and interest rates, shown at the top and bottom of the chart, have been in strong uptrends during this period.A very important point to note is that while gold has dropped about $400 from its March peak, in real terms, this decline is much mo...Read More
The gold market enters trading for the month of November on a losing streak. Can bulls finally turn things around?Their first test will be to defend the line of support established from the September and October lows. Although the gold market registered a seventh consecutive monthly decline in October – marking its worst string of monthly losses in 50 years – daily prices didn't actual...Read More
The all-important midterm elections are just one week away. I've said a lot about them, and will have more to say about them in the days to come.But today, I want to talk about something even more important: truth vs. official lies. More specifically, I want to talk about truth and propaganda.It's said that truth is the first casualty of war. And Churchill once said that in wartime, truth is so pr...Read More
Daily Reckoning, Released on 11/1/22The fact is wars are conducted in part through lies and propaganda. For example, in the early days of World WarContinue... Jim Rickards: A Bodyguard of Lies added by Herman James on 11/03/2022View all posts by Herman James ?+'Read More
The Guardian, Released on 11/1/22Even the price of basic items went up, with the price of the humble cuppa rising, as teabags, milk and sugar all saw Continue... UK food prices soar by fastest rate on record added by Herman James on 11/03/2022View all posts by Herman James ?+'Read More
Nestmann (via Dollar Collapse), Released on 11/1/22Look around you. What products do you have in your home that you could make for yourself or obtain some other way if they were no longer readily available at a supermarket or big-box store?Continue... The End of Globalization as We Know it added by Herman James on 11/04/2022View all posts by Herman James ?+'Read More
Macro changing in favor of the gold stock sector is and has been a processThe process began with the leveling off of inflation’s momentum and continued as the global economy began to show signs of weakness (e.g. US manufacturing deceleration and developing supply chain slack among several other problem areas as exposed during the current earnings season).While the nominal sector (HUI or the...Read More
BNN Bloomberg, Released on 10/31/22Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An...Read More
Armstrong Economics, Released on 10/31/22Around 17% said that they no longer can afford healthier food options, which are notoriously more expensive Continue... Armstrong: Young Americans Cannot Afford to be Healthy added by Herman James on 10/31/2022View all posts by Herman James ?+'Read More
Mark Moss - Market Disruptors, Released on 10/31/220:00 Intro0:39 Sovereigns Forced to Import Energy8:35 Does Fed Want A Stronger Dollar?24:05 Fed Fighting Back27:14 DOJ Arrested 5-8 Chinese Nationals28:52 Trump Started Economic War With China30:40 Chip War34:00 What Happens If Saudi Goes To BRICS?40:16 Dollar Losing Value To Assets42:45 What Do You and Luke Disagree On?53:02 Market Calling Fed Bl...Read More
Wall Street Silver, Released on 10/31/22Dave Kranzler and Jorge Ganoza, CEO of Fortuna Silver, return to the show to discuss the recent decline in every sector of the economy. Furthermore, we talk about a deeper session approaching, rate hikes, politicians, and more.Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large...Read More
Bloomberg (via Yahoo News), Released on 10/31/22About 37% of small businesses, which employ almost half of all Americans working in the private sector in the US, were unable to pay their rent in full Continue... More Than a Third of US Small Businesses Couldn't Pay All Their Rent in October added by Herman James on 11/01/2022View all posts by Herman James ?+'Read More