Silver has made impressive gains over the past week which resulted from its breaking out at last from the giant Double Bottom base pattern that started to form as far back as 2013, so it's been a long wait for silver investors for this to happen. Over the past week it has done exactly as predicted in the "breakout Souvenir article" posted on the site on the 22nd, running quickly at the strong re...Read More
By Avi GilburtLast week, I put out an article outlining my expectation for a pullback in GLD before we head to the 200+ region. Within the comments section, I outlined my plan as to how I am going to play for a potential pullback. However, that pullback has not yet materialized.For those that have followed me closely for years, you know that I have been heavily long physical metals and mining s...Read More
Due to measures taking by the West Point Mint to protect workers from the virus, the production of gold and silver coins will be reduced over the next 12-18 months. By enacting these worker policy changes, the U.S. Mint will not be able to produce gold and silver bullion coins at the same time. Thus, if demand continues to be strong for Gold and Silver Eagles, we could see higher premiums...Read More
Hollow steel sections prices in Europe were flat on Wednesday July 29 with the market experiencing its usual summer slowdown, sources told Fastmarkets.Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe was ?,?540-560 ($620-642) per tonne on Wednesday, unchanged week on week.Fastmarkets' weekly steel sections (medium), domestic, delivered Southern Europe...Read More
Dear Friend of GATA and Gold:Appended is tomorrow's editorial in the Financial Times, which, taking note of gold's sharp rise in price, begins with a factual error, goes on to sulk for six paragraphs, and concludes with the hope and expectation that gold will go back in the dumpster eventually.The error beginning the editorial is the assertion that gold doesn't pay interest. Gold doesn't automa...Read More
By: Ira EpsteinGold has spent 6 days in a row over the upper Bollinger band, this is unheard of. I have seen a 7 day before, this is a sign of great strength! Gold has 18DMA at 1836+ area and rising quickly. Silver had an amazing move. I would be very careful, $4-range in one day! I appreciate your bravery, but I just don't have it. I would avoid leverage futures here:Read More
Gold and silver are firm before the FOMC. There is expectation that Federal Reserve will reiterate of easy monetary policy for a very long time. Federal Reserve and most central banks will tolerate higher inflation for the rest of the year and next year. This is one of the reason why gold and silver prices are rising. I have been saying for quite a while that global economic growth in the third...Read More
Brazilian steelmaker Companhia Sider??rgica Nacional (CSN) expects to increase its iron ore production from the third quarter, after transportation issues reduced output in the first six months of the year, the company's chief financial officer, Marcelo Ribeiro, said on Wednesday July 29.Own output and third-party purchases are estimated to be near the 10-million-tonne quarterly level during the s...Read More
Will the Fed continue papering over massive problems until hyperinflation destroys the dollar, or will the bond market revolt and we collapse into a long-term depression? Either way, many people stand to be wiped out for a very long time.As gold breaks out to new all-time highs, and unprecedented Fed currency expansion in the name of "stimulus" drives record acceleration in debt, Michael Pento, pe...Read More
Last week's video with Mike Maloney, Chris Martenson and Jeff Clark was received so well by our viewers that we've decided to make this a weekly event. In this installment, our team discusses whether this is just the beginning for gold, where the new buying pressure is coming from, and a whole new chapter in freedom - decentralized media.Michael Maloney is a precious metals investment expert and h...Read More
Export prices for bulk cargoes of Japanese steel scrap have risen for the third consecutive week amid solid buying interest, market sources told Fastmarkets on Wednesday July 29.Fastmarkets' price assessment for steel scrap H2, export, fob main port Japan, was ?25,000-25,500 ($237-242) per tonne on Wednesday, up by ?500 per tonne from ?24,500-25,000 per tonne last week.Japan-origin H1:H2 (50:50...Read More
Ron Paul reveals incredible insights ??'? YOU NEED TO HEAR! ??'^ He's been campaigning to audit the Fed since 1975!! We need to see behind the curtain. Today we discuss this and the governments push to ban cash, moving all Americans checking accounts to the Fed!! This dystopian 1984 might be a reality in the US soon and everyone needs to be informed and prepared. I also talk to Dr. Paul about the...Read More
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More
Questions:Steve S: Chances of lopping off zeros? What are the odds that we wake up one day and any greenbacks we are holding in hand are worth only a fraction of their value from the prior day?Stephen P: Is there a functional difference between precious metals stored in a private vault and precious metals held in an allocated account? Don't they both assume a counterparty risk?O Anton: should one...Read More
"We don't have a tool to fix this if the dollar starts to fall. That is the end game scenario in the financial system. When the world's reserve currency starts to lose value and the central bank that's managing it doesn't have any way to stop it, then, basically, everything falls apart everywhere."John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubin...Read More
A viral video made by medical professionals opposing the prevailing mainstream view of how to manage the coronavirus outbreak was nearly sent down the memory hole in an effort seemingly coordinated by all social media outlets. Why are alternate scientific views held by bona fide scientists not allowed in the United States? Also in today's Liberty Report: Suicides versus Covid; Vietnam versus Swede...Read More
Precious Metals have had a great run but they are going to correct now. Many juniors have been relatively weak since the middle of last week. Gold & Silver likely peaked Monday. Silver is underperforming Gold now. What do you do before or during a correction in a bull market?Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publishe...Read More
Topics:Gold and silver rise as the dollar falls.Bitcoin getting pumped - watch out for the dump.Don't go all in on gold.Quantitative easing is here to stay.American's will be much poorer when the dollar loses its reserve status.Republicans introducing $1 Trillion stimulus bill - Democrats say it's too small.Peter Schiff is an internationally recognized economist specializing in the foreign equity,...Read More
Trump is making good on prior threats meant to pressure Germany to pay more for NATO as a condition for keeping a large American military troop presence.Continue...Read More
There has been a major effort to try to take this site down no doubt to try to stop the content we produce. We have servers around the world that spin up as needed. We are adding evenContinue...Read More