Let's have a look at the data...by Harvey Organ of Harvey Organ Blog//CPI RISES BY A TAME 7.7% Y/Y AND THAT SETS OFF THE STOCK MARKET, BONDS AND GOLD/SILVER//GOLD RISES $40.75 TO $1750.90//SILVER IS UP 39 CENTS TO $21.63//PLATINUM IS UP A STRONG $53.70 TO $1043.20//PALLADIUM IS UP ALSO A STRONG $110.35////FOLLOWUPS ON THE CRYPTO COLLAPSE OF FTX//EUROPE'S ENERGY BILLS NOW UP 90% FROM A YEAR AGO//UK...Read More
Who said we had an inflation problem?(by Half Dollar) The Federal government's official inflation report has just been released for the month of October, 2022.According to the BLS, in October:Prices are up 0.4% from last month.Prices are up 7.7% over the last 12 months.In other words, inflation, apparently, is soon to be a thing of the past, which means the Fed can soon go back to cutting interest...Read More
Are the declining silver inventories in London and New York influencing the silver shorts' trading?Vince Lanci with Chris Marcus of Arcadia EconomicsSilver is finally back over $20, after a big rally to finish out last week. And as silver trader Vince Lanci talks about in today's show, it's due to a lot of short covering by the silver shorts, as they're being discouraged from being short by their...Read More
"The most significant move was the..."by Peter Schiff of Peter Schiff Podcast ? Commodities break out of their bear market corrections. ? Tech stocks collapsing further. ? Smart money is buying gold mining stocks. ? Labor force participation rate has declined despite extra jobs.FULL SHOW NOTES AND LINKS HERERead More
Are we at a crisis point? by Craig Hemke via Sprott Money NewsMany of my fellow analysts are keeping a close eye on the declining silver vault levels worldwide. Whether it's New York or London, vault inventories are falling, and while the circumstances are not yet at a crisis point, silver investors should begin to closely monitor the situation.Before we begin, this caveat: At TF Metals Report, w...Read More
Surely the bottom is in, isn't it?(by Half Dollar) The "lying" is in this week's official inflation report, the CPI.Unfortunately, or fortunately, or whatever, I can't talk about the cheating or the stealing.Oh well.At least U.S. Vets can get their yearly haircut for free on Veteran's Day at Great Clips, and since I am a Professional Cheapskate, I will be getting mine.Don't judge.I mean, if all yo...Read More
As global buyers demand the physical delivery of their bullion...by Natalie Laz via KinesisIn this week's Live from the Vault, Andrew Maguire investigates the 'officially sanctioned' PsyOps paper-sell operation disrupting the COMEX's gold and silver price-setting mechanism.The London whistleblower takes a detailed look at the staggering scale of EFP outflows draining paper market liquidity, as glo...Read More
"Notable job gains occurred in health care, professional and technical services, and manufacturing."(by Half Dollar) The Employment Situation Report, commonly called the Jobs Report, has just been released for the month of October, 2022.And according to the BLS, in the US, in October:Total employment rose by 261,000Unemployment rate rose to 3.7%Average hourly earnings rose by $0.12 per hourMind t...Read More
We will gain in ounces of silver standing from this day until...by Harvey Organ of Harvey Organ Blog// POST POWELL NON PIVOT REACTION:GOLD CLOSED DOWN $18.30 TO $1628.05//SILVER DOWN 16 CENTS TO $19.43//PLATINUM DOWN $25.75 TO $922.50//PALLADIUM DOWN $72.00 TO $1815.60//USA RENTS TUMBLING BECAUSE OF THE DOWNTURN IN THE ECONOMY//ALSO DOWNDRAFT IN USA SERVICE INDUSTRY SERVICE ALSO PAINTS A PICTURE T...Read More
The Fed's policy, along with the supply and demand fundamentals of the silver market, have left the...by Chris Marcus of Arcadia EconomicsIt's been an interesting year in the silver market, where demand for physical metal has grown throughout 2022, while the price has spent a lot of time below the $20 mark.Obviously, the Fed's rate hikes and quantitative tightening have had a lot to do with that,...Read More
"...that's where we're headed, before the end of the year..."by Bix Weir of Road to RootaThe Physical COMEX Silver Inventories are being drained at such a rate that there will be NOTHING LEFT by the end of the year! This is ALL part of the JPM to BofA to Warren Buffett derivatives debacle that was set up in February 2021 and comes to fulfillment on December 31, 2022. If you haven't bought silver y...Read More
Wait for it...Wait for it...Waaaaaaaaaaaaait for it...(by Half Dollar) The Fed has officially just concluded its most recent 2-day FOMC meeting.Here's the Fed's statement, posted in its entirety (bold added for emphasis and commentary):Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflat...Read More
Will it be spectacular, will it be spooky, or will it be...(by Half Dollar) The Federal Reserve concludes a two-day FOMC meeting at 2:00 p.m. EST on Wednesday,November 2, 2022.Many people are focused on what the Fed will do and say, which includes whether or not there will be a change in the Fed's monetary policy, especially with regards to interest rates.Specifically, many people are currently lo...Read More
As the inventory gets closer and closer to zero, how much longer can...by David Morgan of The Morgan ReportThe Silver Guru, David Morgan, stops by to talk about the ongoing drain on Comex Registered Silver supply in the face of stubbornly low prices. As the inventory gets closer and closer to zero, how much longer can this go on before prices move dramatically higher? Or is something else about to...Read More
A huge queue jump in gold, and in silver, a gigantic...by Harvey Organ of Harvey Organ Blog//GOLD PRICE ROSE BY $11.65 TO $1665.20//SILVER PRICE ROSE 13 CENTS TO $19.50//PLATINUM PRICE ROSE $32.05 TO $953.20//PALLADIUM PRICE UP $25.75 TO $1953.25//MASSIVE AMOUNTS OF GOLD AND SILVER LEAVE THE COMEX VAULTS//HUGE GOLD QUEUE JUMP OF 3 TONNES AS NEW STANDING EXCEEDS 76 TONNES FOR OCTOBER//WEALTHY CHINE...Read More
"...a rally at least as big as the one that occurred early this year."by Stewart Thomson of Graceland Updates1. America's impaled stock market investors finally got a bit of a rally. Ominously, they seem far more concerned about stopping the Fed's tiny rate hikes than stopping the growing number of homegrown terrorists who enjoy shooting their children. 2. US stock market investors h...Read More
All warehoused physical silver around the world has been sold, and now two of the smartest and richest people on the planet are fighting for 1.2 billion ounces...by Bix Weir of Road to RootaAll the Physical Silver in All the Warehouses around the world was sold two years ago in a complex derivative transaction...now it's all being delivered!! Two of the smartest (and richest) people on the planet...Read More
It's no secret that the silver market can be...by David Morgan of The Morgan ReportSilver remains the best asset to own and it's a steal at just under $20.It's no secret that the silver market can be incredibly volatile and highly manipulated. From September 2021 to September 2022 alone, silver price levels ranging from below $18 per ounce to $28.50.As long as financial markets are reasonably conf...Read More
Regardless of "price" "action", the bullish build-up in gold & silver "market" "participants" most likely continues, however...(by Half Dollar) This is gold & silver we're talking about, and therein lies the problem.I mean, when all of the lies & propaganda are bullish for gold & silver, the question becomes, "how does vile evil continue to pound honest goodness"?In my opinion, the answer is found...Read More
The future economic path will be more based on preserving wealth rather than...Steve St. Angelo with Chris Marcus of Arcadia EconomicsWe're entering an economic era where the focus on energy availability has perhaps never been more pronounced. Especially with Russia withholding its natural gas from Europe, and energy prices soaring, the dynamic has served as a reminder as to just how much of our c...Read More