Gold has all the potential to go unprecedentedly high. But silver will be gold on
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“There’s a pile of evidence a hundred feet high,” Pompeo said on “Fox News Sunday,” without offering specifics.
TOP SILVER MINING COMPANIES UDPATE: What The Fundamentals Say About The Current Market PricesJune 14, 2021
Are the top silver mining companies' share prices getting ready for another LEG HIGHER as the markets are bracing for continued inflation ahead? Or, if not, which silver mining companies are presently more overvalued based on their profitability? In this update, I also add Coeur Mining to the top five primary silver miners...
The Federal Reserve is the engine that drives one of the biggest, most powerful governments in the history of the world.Without the Fed, it would be difficult, if not impossible, for the government to fund its foreign wars, its massive, unsustainable social programs, the ever-growing police state, and the tangled web of corporate welfare programs. It’s almost certain none of this would exist as we know it today - not even close. The federal government would truly be limited.
We got the May Consumer Price (CPI) Index data last week. Once again, it came in hotter than expected. Peter Schiff broke down the data on his podcast and concluded that this surge of inflation is anything by transitory.Peter pointed out that the CPI is reverse-engineered to mask inflation.It doesn't really tell the whole story. But even half the story is pretty bad."
It looks like the data is pointing to a topping in the broader markets and commodities. Yes, this goes against the status quo that says we are heading towards massive inflation. In my newest update, I provide charts showing the commodities are indeed topping and will likely go back to lows by the end of the year...
In the charts to the right we show two SGS-Alternate CPI estimates: One based on the pre-1990 official methodology for computing the CPI-U, and the other based on the methodology which was employed prior to 1980.
In this video update, we explain our new Trading Area and System for subscribers. Our Trading System is quite easy to follow with four types of Alerts about our trades. We also have an educational trade category when we provide additional information or a summary about the completed trade.
Jun 11, 2021 - 13:13:51 PDT
A hoard of silver coins minted in the Carolingian Empire about 1,200 years ago has been unearthed in northeastern Poland and may have been part of a historic ransom to save Paris from a Viking invasion.
Gold markets have pulled back a bit during the course of the week but still look somewhat bullish overall as we have broken a major trendline. That being said, it looks like we have some work to do.
Jun 11, 2021 - 13:03:53 PDT
Our research shows that most retail investors, who are the main drivers of gold’s price, trust gold more than fiat (paper) currencies to preserve their purchasing power. When debt soars, when real interest rates go negative, when cash becomes trash, gold shines brightest.
Jun 11, 2021 - 13:00:14 PDT
“The lack of full transparency by the Federal Government has hobbled public confidence. The Gold Reserve Transparency Act will ensure our gold reserves are accounted for.”
Central Banks have been buying gold during the first four months of 2021. Over that period, we estimate that the official sector has added 150-200 tonnes of gold. A significant portion of this buying has come from the central banks of Hungary and Thailand, who added 63 tonnes in March and 43.5 tonnes in April, respectively.
Some economists suggest the government may be misunderstanding the size of the problem.
Junk Bond Yields Drop to Record Low, Dish out Negative “Real” Yields to Fed-Whacked InvestorsJun 11, 2021 - 12:26:56 PDT
Despite Surging Inflation, The market is broken. “Raging mania” rules.
Global Minimum Tax Rate Could Drive Business Away From US, Watchdog WarnsJun 11, 2021 - 12:22:40 PDT
That's according to the Taxpayer Protection Alliance (TPA), a nonprofit advocacy group based in Washington, D.C., which argues that a higher global minimum rate would ultimately be "passed on to workers and consumers through reduced compensation and higher prices."
U.S. consumer prices are rising at the fastest rate for several years, as the economy recovers from the coronavirus recession and manufacturing supply chains struggle to keep up with demand.
U.S. equity funds faced outflows for the second straight week in the week to June 9, despite a rally in equities, as caution crept ahead of a U.S. inflation report, whose outcome could determine the direction of the central bank's monetary policy stance.
Leaders of the Group of Seven rich nations were in broad agreement about the need to continue supporting their economies with fiscal stimulus, a source familiar with the discussions said on Friday, the opening day of a G7 summit.
Inflation just took a massive spike higher. Just-released data shows core inflation has suddenly soared to levels not seen since the early 1990s. High inflation is a wealth-killer.
Is inflation getting higher? In this infographic we explore how inflation rates have evolved over the last century, putting current numbers into context.