LONDON, 27 February 2023 - Comment from BullionVault's Weekly Update email to clients features today in a gold-price update from investment ratings service Morningstar."New Year 2023's stone-cold bullish case for gold and silver has now melted on hotter-than-expected inflation data," says the report, first posted at MarketWatch and quoting Monday's Weekly Update email for BullionVault users from...Read More
Zero Hedge, Released on 2/27/23Russian oil pipeline company Transneft shifted oil flows from Kazakhstan to Germany via the Druzhba pipeline that runs through Poland while shipments to Poland were halted, according to Reuters, citing at least one Russian news agency. Continue... Russia halts gas shipments to Poland added by Herman James on 02/27/2023View all posts by Herman James ?+'Read More
Get ready for screaming headlines beginning in about two months. Why? Because the U.S. will be coming up on a double deadline of debt and deficit inflection points.The budget deficit issue will be hotly debated from March to next September and may result in a government shutdown at midnight on Sept. 30, 2023, if progressive Democrats in the Senate and conservative Republicans in the House can't ag...Read More
Daily Reckoning, Released on 2/27/23Get ready for screaming headlines beginning in about two months. Why? Because the U.S. will be coming up on a double deadline Continue... Rickards: The Accelerating Countdown to Armageddon added by Herman James on 02/28/2023View all posts by Herman James ?+'Read More
Arcadia Economics, Released on 2/27/23There was another sell-off in the silver market last week, and the silver price has now fallen below the $21 level. Although fortunately, to explain what happened and makes sense out of the move, Vince Lanci digs into what led to the sell-off, and what to expect going forward from here. Vince looks at the recent inflation data, how the Fed is viewing it, and...Read More
CNN (via MSN), Released on 2/27/23"And I know the Fed is committed to continuing the process of bringing it down to more normal levels, and I believe they'll be successful with it."Continue... Janet Yellen: Everything is fine... 'So far, so good' added by Herman James on 02/28/2023View all posts by Herman James ?+'Read More
Citizen Free Press - Twitter, Released on 2/27/23Old clip of Bill Gates saying Ukraine is a big, fat, corrupt sinkhole is going viral pic.twitter.com/7pi4lUdL0b- Citizen Free Press (@CitizenFreePres) February 27, 2023 Old clip of Bill Gates saying Ukraine is a big, fat, corrupt sinkhole is going viral added by Herman James on 02/27/2023View all posts by Herman James ?+'Read More
Wall St. For Main St., Released on 2/26/23Peter Grandich entered Wall Street in the mid-1980s with neither formal education nor training, and within three years was appointed Head of Investment Strategy for a leading New York Stock Exchange-member firm. He would go on to hold positions as Chief Market Strategist, Portfolio Manager for four hedge funds and a mutual fund that bore his name. His auto...Read More
Mish Talk, Released on 2/26/23Let's take a look at an interesting theory regarding mass adoption of Bitcoin as money. I also review an excellent article by Lyn Alden that is pro-Bitcoin. In all, I present three views.Continue... Mish Shedlock: Why Bitcoin Won't Reach Mass Adoption Ever added by Herman James on 02/27/2023View all posts by Herman James ?+'Read More
John Rubino's Substack, Released on 2/26/23I promise not to make a habit of re-posting other people's articles here, but every once in a while Continue... John Rubino: Rhyming History: Censorship In A Burning Theater added by Herman James on 02/26/2023View all posts by Herman James ?+'Read More
The two global crude benchmarks are stillenjoying momentum that began on Thursday – despite larger-than-expected UScrude inventories – following reports from the financial press that Russia willcut oil exports from its western ports by 25% per month in March compared toFebruary in response to Western sanctions.These claims, however, have not yet beenconfirmed by the Russian Ministry of...Read More
Enough is enough. No market can decline without correcting every nowand then. And both gold and the USDX point to an upcoming reversal.Let’s start with gold.IsIt Over? Looking at its price from ashort-term point of view, we see that it paused for a brief moment at its 38.2%Fibonacci retracement level. And then – after the pause – golddeclined.Not only that – it declined bel...Read More
Just weeks after announcing that it had increased its resource estimate for its flagship project in southern Idaho, Liberty Gold Corp. releases drill results that include the highest-grade gold assay ever returned at the project.Just weeks after announcing that it had increased its resource estimate for its flagship Black Pine project in southern Idaho, Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQX) ha...Read More
USA Watchdog, Released on 2/26/23Schiff says, "We already have inflation. So, prepare for the consequences of inflation. It is going to raise prices, but it is also a massive transfer of wealth. You have to position yourself to be a winner and not a loser. . . .Creditors are going to get wiped out. People think they are playing it safe in a bond portfolio. Look how bad bonds did last year. It was...Read More
YouTube/PeterSchiff, Released on 2/26/23 (Recorded on 2/25/23) ? The inflation genie is impossible to put back in the bottle. ? CPI and PPI are lagging for a number of reasons. ? Beaten down stocks of 2022 enjoyed a short-lived dead cat bounce in 2023. ? Consumer spending in January surged after a record decline in tax revenue. ? The PCE is the most inaccurate way to measure inflation and it's no...Read More
Press For Truth, Released on 2/26/23Central Bank Digital Currencies aka CBDC's are becoming a reality all over the world as the global central planners are attempting to set up a system of ultimate control. But how much control they have is entirely up to (for now) you when it comes to where you choose to keep your assets. In this video Dan Dicks of Press For Truth speaks with Jeff Berwick of The...Read More
Retirement Lifestyle Advocates, Released on 2/26/23Since the Great Society programs started, we have provided profound disincentives to people on the right-hand side of the bell curve to have children while simultaneously creating large incentives for people on the left side of that curve. It's the people on the right side of those curves who are the ones that end up being successful and therefore...Read More
Zero Hedge, Released on 2/26/23The argument that Covid-19 leaked from the virology lab in Wuhan, China (the only Level 4 lab in Asia) is growing louder after years of Big Tech and governments censoring the Covid debate.Continue... COVID "Likely Arose" From Lab Leak, US Energy Department Admits In Classified Report added by Herman James on 02/26/2023View all posts by Herman James ?+'Read More
Jim Rickards - Twitter, Released on 2/26/23James Bond is being rewritten by "sensitivity readers." A license to kill prose. I have all of the originals including first editions, and I'm hanging on to them. What's next? Maybe a trans Hamlet. Would give new perspectives: "To be, or not to be..."https://t.co/n9pWVN41Ty- Jim Rickards (@JamesGRickards) February 26, 2023 Jim Rickards is a lawyer...Read More
Real Vision, Released on 2/26/23 (Recorded on 2/24/23)U.S. stocks tumbled and treasury yields jumped after data showed the Federal Reserve's favored measure of inflation- the core PCE price index- rose more than expected last month. Jim Bianco, President of Bianco Research joins Maggie Lake to talk about the current battle with inflation, how the Fed is handling the fight and what's coming later i...Read More