Gold has all the potential to go unprecedentedly high. But silver will be gold on
Site:
Precious metals news
Stock futures fell Monday morning to give back some gains after the S&P 500's best week since July, with investors' concerns over elevated inflation offsetting hopes that more companies will follow the lead of the big banks last week and post strong quarterly earnings results.
SMART INVESTORS BUY BULLION WHEN IT'S AVAILABLE: Gold Eagle Sales Soar Again This WeekOctober 18, 2021
As the world gets closer to major economic disruptions as it hits the ENERGY CLIFF, smart investors continue to buy physical gold bullion when supplies are still readily available. However, this won't always be the case when more investors realize the energy shortages and massive price spikes will destabilize the financial markets...
Although silver is widely known as a precious metal, its industrial uses accounted for more than 50% of silver demand in 2020.
METALS, MARKET & ENERGY UPDATE OCT 17th: Has Europe Natgas Inventories Already Peaked??October 17, 2021
This is an important Metals, Market & Energy Update for SRSroccoReport Subscribers. In this update, I show new data suggesting that Europe's natural gas storage may have already peaked this year... which is very BAD NEWS. Also, what do the technicals say about silver, gold, and the oil price...
This analysis focuses on gold and silver within the Comex/CME futures exchange. See the article What is the Comex? for more detail. The charts and tables below specifically analyze the physical stock data at the Comex to show the physical movement of metal into and out of Comex vaults.
They say that history rhymes. That civilizations and societies tend to follow cycles -- boom/bust, feast/famine, war/peace, cultural experimentation/a retrenchment to the “old ways”. Famed demographer Neil Howe, the author of the best-selling book The Fourth Turning, lays out his prediction that today’s society has entered the "bust" part of our current cycle.
Gold futures settled lower on Friday, pressured by strength in Treasury yields and U.S. benchmark stock indexes, but prices still saw a modest gain for the week, the strongest advance in six weeks.
Unbeknownst to the giddy participants, they're not just betting on the omnipotence of the Fed Politburo, they're also making a max-leverage bet that "the madness of crowds" will never end.
$15 Billion in Child Tax Credit Payments Distributed on Friday, Biden Admin Trying To Make PermanentOct 15, 2021 - 12:50:09 PDT
Millions of families should soon receive their fourth enhanced child tax credit payment, which the Internal Revenue Service distributed on Friday. More than $15 billion was sent to families of roughly 61 million children, the Treasury Department and IRS said.
BuBusinesses Brace for Biden COVID Vaccine Mandate As Republicans Threaten LawsuitsOct 15, 2021 - 12:27:18 PDT
The sweeping national mandate, covering 80 million workers, will almost certainly face challenges in court from some businesses and Republican organizations.
Republicans Unveil Bill To Block Biden’s ‘Egregious’ IRS Bank-Monitoring PlanOct 15, 2021 - 12:23:05 PDT
House Republicans plan to unveil a bill on Friday to block the Biden administration's deeply controversial proposal to give the Internal Revenue Service additional scrutiny over most Americans' bank accounts in order to crack down on wealthy tax cheats.
Commentary An energy crisis is rocking the world, the likes of which we haven’t seen since the 1970s. ...
If, as seems likely, the rate of change is hitting a peak, it might not be long before talk of price deflation returns.
The explanations for inflation are a combination of demand-side and supply-side factors. On the demand side, there’s the Fed’s continued monetary expansion. On the supply side, there’s lingering production bottlenecks from the pandemic. Both of these factors continue to push up prices, the argument goes.
Dollar Tree is raising prices above one dollar for the first time in its 35 year history. This change tells us something about the future of our economy.
The big question for the global economy: Will price rises feed further inflation cycles? More than a dozen central banks have raised interest rates but two that haven’t are those that loom largest over the global economy: the Federal Reserve and the European Central Bank.
U.S. Consumer Sentiment Slips Near Decade Lows As Confidence in Biden ‘Significantly’ DeclinesOct 15, 2021 - 08:47:00 PDT
The University of Michigan's gauge of consumer sentiment fell to a preliminary October reading of 71.4 from a final September reading of 72.8. Economists...
Social media users have begun posting pictures of empty shelves, blaming the problem on Joe Biden's mismanagement as shortages begin to be felt.
The use case suggests a feature in which the employee would opt in to sharing that data with his supervisor. The document does not go into specifics on what data would automatically be shared with or analyzed by the agency and what would require specific consent from employees.
Oct 15, 2021 - 08:37:46 PDT
More than a dozen prominent cybersecurity experts on Thursday criticized plans by Apple and the European Union to monitor people’s phones for illicit material, calling the efforts ineffective and dangerous strategies that would embolden government surveillance.