As the gold “community” rationalizes gold’s currently low standing…As unpopular it may be, I cannot alter the truth as I see it. Marketing is fine, but never at the expense of truth, as with much financial media/analysis (with little disclaimers tucked in below the fold).In my opinion, a sizeable component of the gold ‘market’ is actually marketing; to the fear...Read More
The US Federal Reserve, whose job is to keep unemployment in check and inflation in the “Goldilocks” zone of 2%, is telegraphing three interest rate increases of 0.25% each (1% at the high end of the range) this year.Bloomberg believes the Fed might be more aggressive: “Our baseline is for the Fed to hike five times, each 25 basis points, this year, and balance-sheet runoff to be...Read More
Gold’s fate in 2021 will be determined mainly by inflation and the Fed’s reaction to it.In the epic struggle between chaos and order, chaos has an easier task, as there is usually only one proper method to do a job – the job that you can screw up in many ways. Thus, although economists see a strong economic expansion with cooling prices and normalization in monetary policies in 2...Read More
The FOMC set the stage for a March interest rate hike, which was an aggressive signal. Gold got it and fell – but hasn't capitulated yet.The Battlecruiser Hawk is moving full steam ahead! The FOMC issued yesterday (January 26, 2022) its newest statement on monetary policy in which it strengthened its hawkish stance. First of all, the Fed admitted that it would start hiking interest rates &ld...Read More
You don't have to be a fortune tellerto predict some of the precious metals’ behavior in the market. Any incomingsigns take the shape of a bear.What a signal-rich week that was! Atleast if you’re interested in forecastinggold and predictingsilver prices.The USD Index rallied, but that was theleast interesting of the important developments, as it had already reversedduring the preceding...Read More
My outlook for the gold market in 2022 suffers from manic depression: I see first a period of despair and an elevated mood later.So, 2021 is over! 2022 will be better, right? Yeah, for sure! Just relax, what bad could happen? Seriously, what can we expect from this year? I see a few key trends that are going to shape 2022, and their names are: Death, Famine, Pestilence, and War. Oh, sorry, the wro...Read More
Gold’s ‘real’ price indicates a fine ‘risk vs. reward’[edit] Since this article will be distributed to a wider viewership than nftrh.com, where regular readers know I take pains not to hype this most precious ‘value’ asset, take note that a positive risk vs. reward does not mean run out and go whole hog gold stock bull right this minute. Risk vs. reward is...Read More
The precious metals still dopirouettes on the trading floor, but they can stumble in their choreography.The bears are just waiting for it.With the GDX ETF soaring on significantvolume on Jan. 19, the senior miners had a renewed pep in their step. Withgold, silver, and mining stocks all dancing to the same beat, the preciousmetals garnered all of the bullish attention. However, with the trio known...Read More
Crude oil prices closed yesterday neartheir 7-year highs. What do you think are the main price drivers prevailing forthis surge on crude oil prices?GeopoliticalSituation Crude oil prices closed yesterday neartheir 7-year highs, as an attack on an oil site in Abu Dhabi further strainedan already tense market. The concern about the deterioration of the situationbetween Ukraine and Russia, which has...Read More
While the USD show is gainingapplause, silver has decided to present its repertoire too. Was its rally justa magic trick or a good omen for gold?Bondyields soared once again, just as I’ve beenexpecting them to for many months now. The reaction in some markets was asexpected (the USD Index soared), but in some, it was perplexing. Gold movedlower a little, miners declined a bit more, and silve...Read More
In a crisis of this magnitude, remember not to measure your wealth, your gold and your silver in... by Egon von Greyerz of Gold SwitzerlandWhen the sh-t hits the global fan, it often does it at the optimal time for the maximum amount of damage and with the worst kind of sh-t to soil the world.For years I have been clear that the world is reaching the end of an economic, financial and monetary era...Read More
Dramatic consequences of a silver scarcity?by Samuel Briggs via KinesisIn this week's Live from the Vault, Andrew Maguire is joined by Dr Stephen Leeb, a renowned American economist and a financial author to contemplate the impending commodities shortage and the dramatic consequences of a silver scarcity for the developing countries.The precious metals experts discuss how China's growing prosperit...Read More
Find out what silver investors should know...David Smith with Chris Marcus of Arcadia EconomicsAlong with David Smith of The Morgan Report (partners with Silver Legend David Morgan), we talked about the Silver State of the Union.We discuss the latest events in the silver market, how the Russian/Ukraine situation will affect the market, whether the bankers are out of time, and how someone is going...Read More
PREDICTIONS FOR GOLDThere seems to be an almost fanatical obsession with ‘fortune telling’ when it comes to the financial markets. Gold is no exception.It is worth taking a look back at some earlier predictions to help put things in perspective… EXAMPLE NO. 1 Gold Forecast $6000, And Gold Mining Analysis Through Visualization January 23, 2012Quote: “If the...Read More
Now that Fed Chair Powell has finished his testimony, gold & silver will rise in price...by Harvey Organ of Harvey Organ BlogMARCH 3//FED CHAIRMAN FINISHES HIS TALK EARLY THIS AFTERNOON AND NOW GOLD AND SILVER WILL RISE: GOLD PRICE UP $13.95 TO $1935//SILVER UP 2 CENTS TO $25.14//GOLD STANDING FOR MARCH RISES BY A STRONG QUEUE JUMP OF 4900 OZ: NEW STANDING A VERY STRONG 17.409 TONNES//SILVER OZ ST...Read More
This is HUGE and WILL NOT STOP! Hang on for the moonshot...by Bix Weir of Road to RootaThe Silver Whale is BACK!! Just released holdings of "Private Advisor Group" shows a 1,015% increase in the iShares Silver Trust!! This is the same entity that bought 190M Shares in the 1st Quarter and took delivery of the Physical Silver out of SLV!! This is HUGE and will NOT STOP! Hang on for the Moonshot!!Read More
Gold is lagging theraging inflation unleashed by the Fed’s epic money printing. Despite leading inflation benchmarksskyrocketing to multi-decade highs, gold prices have barely budged. Serious inflation initially fuels record-highstock markets, which stunt gold investment demand. But festering inflation increasingly erodescorporate earnings, hitting stock prices. As sto...Read More
In the US, job creation is booming and unemployment is dropping like a nuclear bomb!(by Half Dollar) The Latest Employment Situation Report, commonly called the "Jobs Report", was just released for the month of February, 2022.According to the BLS, in the US, in February:Total employment rose by 678,000Unemployment rate fell 0.2% to 3.8%Average hourly earnings rose by $0.01 per hourIt should be not...Read More
A close above $28 constitutes a breakout, and once the silver price is above $30, the next target quickly becomes... by Craig Hemke via Sprott Money NewsAs anyone who has watched the precious metals for any amount of time will tell you, price rallies on geopolitical concerns rarely hold. The same might be true today. However, do not make the mistake of thinking that the current rally in gold and...Read More
A stroll through recent and not so recent inflationary history[edit] Some wording and a couple typos cleaned up from original post, no changes to themes…A Cynical Fed is a Dangerous FedOn ‘Fed minutes Wednesday’ the media amplified the noise, the machines are doing what the machines do and running with it, and it’s all eyes on the great and powerful Fed (of Oz).The Fed cre...Read More