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However, before anyone goes and accuses JPMorgan of being bearish, Panigirtzoglou emphasizes "that this is a risk scenario, not a baseline view." Translation: "this is what will happen, we just don't want to tell our bullish clients just yet."
    U.S Dollar Propels With COVID-19 Staging A Big Comeback
Nov 22, 2021 - 05:16:22 PST
Austria announced it would be the first country in Western Europe to impose a full lockdown amid an outbreak of infections
    Pension Cash Dwindles, Risking Liquidity Crunch
Nov 22, 2021 - 05:14:05 PST
Bigger private-market bets, inflation fears and a surge of retirees are putting public retirement funds at risk of a cash crunch that would force them to sell assets at losses to pay pension checks.
    Second Winter of Woe Threatens Global Economy
Nov 22, 2021 - 05:11:57 PST
The world economy is approaching the northern hemisphere winter in disarray, unable to shake off the coronavirus crisis amid persisting supply disruptions, soaring prices and resurgent outbreaks.
Markets are pushing for a faster response by the Federal Reserve, while consumer sentiment gets hit hard by concerns about the lack of policy responses to inflation.
People of the world are awakening to government tyranny plundering their life and liberties as the Davos Man, the world's elites, and their political puppet officials are becoming more unfavorable than ever. The increasing discontent among citizens and their respective governments is dangerous - this is how revolutions begin.
If you want to understand where the silver market is going, you have to learn about energy and the coming ENERGY CLIFF.  There are very few precious metals analysts that understand the important relationship between ENERGY & VALUE.  I discussed these topics with Matt at Silver Fortune last week...
When we look at the top gold miners, the cost to produce gold continues to increase.  In this video presentation, I provide my estimated breakeven for four of the leading gold miners in the world.  Also, if you are an investor, you should see how these gold miners are rewarding shareholders with their profits...
    Gold & Silver Poised To Re-Price Much Higher
Nov 21, 2021 - 11:48:14 PST
On Friday we posted Part 1 of our interview with Kevin Smith & Tavi Costa of Crescat Capital, who predict that the financial markets are about to undergo a "Great Rotation". They see capital flowing out of today's high-flying sectors and into hard assets -- especially into gold, silver and the companies that mine them. Why? For a long list of reasons, including:
There are two forces impacting the precious metals prices.  The commercial banks' futures market drives one, and the other is the underlying fundamentals... based on the ENERGY DYNAMICS.  Few understand these two different forces.  While the commercial banks' futures markets (and ETFs) will continue...
The U.S. continues to be the largest silver investor in 2021 as Metals Focus forecasts another banner year for silver bar and coin demand.  Also, Global Silver ETF demand is set to reach a net increase of 150 million oz in 2021, setting the stage for BIG MOVES in the future.  This is a quick update on the recently released...
Inflation is becoming a real problem. The latest data shows the CPI, consumer price inflation rate, at 6.2%. That's higher than anything we've seen in decades and it is looking less and less "transitory" like our leaders initially promised us it would be. So we now have inflation spiking at the same time that financial asset prices and the stock market are at all-time-highs. What will happen next?
    What Drives the Price of Gold? Part 1
Nov 19, 2021 - 13:01:35 PST
Obviously, real rates are very important to the gold price. In the 1970s gold skyrocketed when real rates for two times in a row hit -5%. Can it happen again if inflation proves not be transitory and real rates stay negative?
Given that this increase is largely due to deficit-financed federal spending, many people (correctly) fear higher inflation due to the classic “too many dollars chasing too few goods” phenomenon as the recovery takes hold.
If the Fed set out to destroy the financial system, they're very close to finishing the job.
New construction of single-family homes for rent reached its highest level in the third quarter of 2021.
10-year real rates are now at -4.6%, "a level which in the past 200 years that has been associated with panics, inflations, wars & depression, and a level today increasingly responsible for froth in crypto, commodities, and US stocks."
Nominee Saule Omarova faced grilling by Senate Republicans this week. They focused in on her recent calls for the government to bankrupt the energy industry and for all private bank accounts to be taken over by the Federal Reserve.
Swiss customs data on Thursday that also showed shipments of gold to India falling slightly from September. China and India are the largest consumers of gold. Demand in both countries slumped during the coronavirus pandemic last year but has recovered strongly. Switzerland is the world’s largest refining center and transit hub.
Saxo Bank analyst Ole Hansen in a note said the lockdowns in Europe helped give the yellow metal a fresh bid.