Gold has all the potential to go unprecedentedly high. But silver will be gold on
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Driven by Corporate America and the most grotesquely overstimulated consumer spending ever.
Imagine you are on a cruise ship and you secured your valuables with the ship’s purser. And later you see the purser hurriedly getting on a lifeboat with canvas bags used for holding valuables. What kind of a signal would that send to you? It would appear to me the ship is about to sink and the purser is trying to take everybody’s money with him as he rescues...
The demand for silver is expected to expand along with the continued growth in global connectivity.According to a report released by the Silver Institute, silver demand in electronics and electrical applications is projected to rise by 10% by 2025.
Russia Will Run Out of Gold in 20 Years if New Deposits Not Found, Biggest Gold Miner WarnsOct 6, 2021 - 05:44:33 PDT
The chief executive of Russia’s largest gold producer Polyus, Pavel Grachev, has warned that the country’s gold deposits are being depleted, with mining firms expected to exhaust their resource portfolios in the next two decades.
In a time when institutions are increasingly shifting away from fiat currency and looking toward cryptos, it is worth recalling that at least when it comes to central banks, there is no digital gold. There is just gold.
Central banks need to prepare because global stock markets and real estate are overvalued, while leverage is near record levels for households, corporations, banks and governments.
Warren on Fed’s Powell: He’s Failed as a Leader in His Response to the Insider-Trading ScandalOct 6, 2021 - 05:35:55 PDT
Sen. Elizabeth Warren, Democrat of Massachusetts, went to the Senate floor Tuesday to say that Fed Chairman Jerome Powell has failed in his response to the insider-trading scandal.
Inflation bites!Personal income rose again in August, but once again rising prices ate up all the gains and then some.
While initial jobless claims have been rising recently (dominated by California), analysts still expected ADP to show a pick up in new jobs to 430k (from 374k in August), and it did, smashing expectations with a 568k increase (after August's print was revised down from +374k to +340k).
Democrats and Republicans must decide in the next day or two how far to take their deadlock over the U.S. debt limit, which is pushing the country perilously close to a catastrophic default.
New Zealand’s central bank raised interest rates for the first time in seven years and signaled further increases will likely be needed to tame inflation.
As the threat of hyperinflation grows in the face of runaway government spending, growing consumer demand, and a supply chain crisis, oil prices could well hit $180 by 2022
Oil hit a multi-year high on Wednesday above $83 a barrel, supported by OPEC+'s refusal to ramp up production more rapidly against a backdrop of concern about tight energy supply globally.
Global Contagion: A Shock Default in China Has Investors Scanning Repayment DatesOct 6, 2021 - 05:07:09 PDT
China’s property industry has suffered its first default on a dollar bond since China Evergrande Group sank deeper into crisis in recent weeks, fueling investor concerns over other highly leveraged borrowers and about global contagion.
Most base metals edged lower on signs the global growth outlook is worsening and as accelerating inflation will lead to tighter monetary policy.
This Veteran Analyst Hears Echoes of the 1929 Crash in Today’s Stock Market: MWOct 6, 2021 - 05:03:16 PDT
Jon Wolfenbarger, the founder and CEO of BullAndBearProfits.com, is worried about a coming bear market that will rival the one seen in 2008-09.
U.S. futures fell with stocks as surging energy prices stoked inflationary pressures ahead of a key American employment report. Treasury yields extended an advance.
A sharp jump in mortgage interest rates over the past few weeks is taking its toll on mortgage demand.
BRIEF STRATEGIC NATGAS REPORT: Trouble In The Natural Gas Market As Supply Unable To Meet DemandOctober 6, 2021
In this Brief Strategic Natgas Video Report, I discuss the dynamics taking place as the natural gas market is unable to meet demand. Due to Europe's increased natural gas demand, while its Green Energy Wind & Solar has underperformed, European natgas inventories are still too low before heading into the winter...
Trillion dollar coins. The ‘debt ceiling’. What does it all mean, and what is it that they aren’t telling you? Join Mike Maloney for today’s video update.