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Global “Risk Off” gathers momentum by the week. Crisis Dynamics fester, as global central banks coalesce around a united front for battling inflation. The reality that central bankers will aggressively hike rates until something breaks has begun to sink in.
Bitcoin Prices Are Falling. Why Analysts Say a ‘Massive Capitulation’ Is ComingSep 6, 2022 - 05:37:44 PDT
While stock and bond markets were closed for the Labor Day holiday in the U.S., the 24/7 nature of crypto means no respite from volatility.
The greenback, in terms of the US Dollar Index (DXY), trades near to Monday’s close around the 109.60 region. US Dollar Index focuses on data The inde
The euro sank below $0.99 to a new 20-year low on Monday after Russia's halt to gas supplies down its main pipeline to Europe heightened fears about a deepening energy crisis across the region. The euro has been increasingly correlated with natural gas prices in recent months, with the former falling when prices of the energy source rise. Europe is scrambling to wean itself off...
\European energy trading risks grinding to a halt unless governments extend liquidity to cover margin calls of at least $1.5 trillion, according to Norwegian energy company Equinor ASA.
Germany Announces Another €65BN Energy Stimulus Even As ECB Seeks To Crush DemandSep 6, 2022 - 05:22:05 PDT
n a time when the ECB is doing everything in its power to halt and reverse Europe's energy hyperinflation by crushing demand as it hikes rates so high it will lead to widespread unemployment and recessions, oblivious of the political blowback such a move will spark, Europe's politicians are doing just the opposite, and are again quietly flooding the system with billions of fiatscoes, knowing too well they all be political cadavers should tens of millions of Europeans freeze in the coming winter.
Central banks' appetite for gold remained robust in July according to the latest data compiled by the World Gold Council.Globally, central banks added a net of 37 tons of gold to their reserves, bringing the total purchases on the year close to 300 tons.
Jerome Powell and other central bankers at the Federal Reserve are still talking tough about their inflation fight even as the economy continues to deteriorate. Peter Schiff says we're nearing an inflection point, but the markets don't get it yet. As he explained in his podcast, the Fed's monetary tightening is causing a recession, but ultimately, the central bank will surrender to inflation. There is a day of reckoning ahead and we can't avoid it much longer.
GOLDSEEK RADIO SRSROCCO REPORT INTERVIEW: Silver Being Sold For Lower Than The Production CostSeptember 5, 2022
With the silver market price now lower than most primary silver miners' production costs, this low level may not last long. This is especially true when we factor in the surging silver lease rates, suggesting a real tightness and shortage of metal for traders in the market...
As highlighted last month, short positioning in gold was at the highest level since April 2019. This laid the seeds for a potential short squeeze. While a squeeze did unfold, it was brief. Sellers have regained control of the market and are driving the price back down.Please note: the COTs report was published 9/2/2022 for the period ending 8/30/2022. “Managed Money” and “Hedge Funds” are used interchangeably.
METALS & MARKET UPDATE SEPT 4th: Major Energy Price Riots Just Beginning & Why The Silver Market Is Setting Up Fo...September 4, 2022
If the world believes the current Energy Crisis is just a short-term cyclical problem, wait until we begin to head over the ENERGY CLIFF. The major riots we are now seeing in response to surging energy and food prices, are just the beginning. Also, there are some fascinating developments happening in the Silver Market...
Weekly Market Recap: “Pain” Ahead As Fed Dashes Pivot Hopes While Tightening Into RecessionSep 3, 2022 - 10:03:41 PDT
In this week's recap, Lance Roberts and Adam discuss everything that mattered to markets this week.
The incredible discovery was made at an 18th century detached property in the village of Ellerby, North Yorkshire, just six inches under the concrete.
Gold price in US dollar is up 4,813%. Silver price in US dollar is up 909%.
Say again gold and silver prices have not outperformed inflation with a straight face (Aug. 26, 2022)
US Debt vs Gold Percentage Growth Since 1971 Collapse of Dollar-Gold Fix (Sep. 1, 2022)Sep 2, 2022 - 12:27:09 PDT
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US Debt vs Debt Limit vs Gold Since 1971 Collapse of Dollar-Gold Fix (Sep. 1, 2022)Sep 2, 2022 - 12:25:00 PDT
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Gold vs US Money Supply (M1, M2, M3) Percentage Growth Since 1970 (Aug. 26, 2022)Sep 2, 2022 - 12:23:30 PDT
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via http://goldchartsrus.com
via http://goldchartsrus.com
via http://goldchartsrus.com