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SILVERDOCTORS INTERVIEW: Gold & Silver Manipulation “Doesn’t Matter Anymore, It Is A Nothingburger”July 13, 2022
The number one question that concerns most precious metals investors is, "Are gold and silver being manipulated?" I discussed my analysis on metals manipulation with Paul at SilverDoctors. While I posted my own youtube video on this subject matter, I added more detail on why I believe it is now a waste of time to be concerned about precious metals manipulation...
“You can probably expect within the next few years to be paying $10 to $15 for a gallon of gasoline…that is just destiny.” Join Mike Maloney in today’s must-watch update to find out how the above scenario is likely to play out, and see absolutely damning data that catches those responsible red handed. Don’t miss this one.
The pre-Roman invasion coins have been found since 2017 and more may still be unearthed.
But in fact, history shows that gold often outperforms U.S. stocks and the dollar following interest rate hikes, after underperforming in the lead-up to rate hikes. Additionally, high inflation is eroding the purchasing power of each dollar, incentivizing investment in a tangible asset like gold and other hard assets.
The commodity prices collapse echoes the 2008 global financial crisis, indicating a deep global recession is coming, says Societe Generale.
“Water, water everywhere and not a drop to drink.” – A famous line from Sam Coleridge’s “Rime of the Ancient Mariner”. “Inflation, inflation everywhere and no higher gold or silver prices to drink!” – Rime of the Modern Gold Bug Mariner, July 12, 2022?
Housing Costs Drive More People to Move Back In With Their Parents: BloombergJul 12, 2022 - 12:44:07 PDT
Living at home with relatives has become more popular as Inflation pushes up prices for rent and everything else.
Jul 12, 2022 - 12:26:05 PDT
We are across the great divide! In terms of house prices and affordability.
We are all aware that inflation is soaring, since the Covid outbreak in 2020 and the massive overaction by The Federal Reserve and Federal government in terms of stimulus spending and economic lockdowns.
Cyclicals including housing and durable goods only constitute ten to fifteen percent of GDP, but the swings account for variations between growth and recession according to Eric Basmajian at EPB Macro.
Americans’ confidence in major U.S. institutions - including government and the media - is in a state of collapse, falling to an average of just 27 percent across all categories, according to the latest national poll released by the Gallup Organization.
"The World Has Never Witnessed a Such A Major Energy" Crises: IEA Chief Warns of What Maybe ComingJul 12, 2022 - 11:36:12 PDT
“The world has never witnessed such a major energy crisis in terms of its depth and its complexity,” Fatih Birol said on Tuesday at an industry event in Australia, as quoted by Bloomberg. “We might not have seen the worst of it yet -- this is affecting the entire world.”
Biden's trip next week to a Saudi Arabia, that not long ago he referred to as a "pariah state," demonstrates just how desperate his Administration is to save the sinking ship of the US economy. Officials are now floating the idea of approving Tax Payer "offensive" weapons to the Saudis as Biden prepares to grovel for more oil. Congress adds a few billion to Biden's military funding request.
Merrill Lynch has unveiled a new investment thesis, and gold plays a prominent role. We unpack FAANG 2.0 and what it could mean for gold moving forward.
Powell doesn’t have the guts for that, nor does anyone else in Washington; thus, this Fed will likely be behind the inflation curve for at least a decade. And that’s why we remain long gold (via the GLD ETF).
The BIS sets out five criteria for central banks to consider when moving along with their CBDC options. Central banks must do no harm, enhance efficiency, increase resilience, assure coexistence and interoperability with other systems, and bolster financial inclusion, the report says.
A Poor Country Made Bitcoin a National Currency. The Bet Isn’t Paying Off: NYTJul 12, 2022 - 08:10:56 PDT
It brought El Salvador’s president, Nayib Bukele, the adulation of the tech community, but reduced scarce funds and moved the nation closer to default.
The Colombian peso was hammered during the early hours of trading on Monday, breaking a new record to one U.S dollar of COP$4,500 pesos.
The developed world managed to offset the 2000s oil price increase on official inflation levels because it was aggressively offshoring a lot of its manufacturing to China, which was a big disinflationary force on many goods and on domestic blue collar wages. I don’t think we’ll be able to repeat that decoupling again here in the 2020s:
President Franklin Roosevelt said at his first Inauguration in March 1933 that “the only thing we have to fear is fear itself … unreasoning, unjustified terror.” FDR was speaking at the depths of the Great Depression but what he said is relevant in 2022 when a recession is not yet a sure thing. Today’s unreasoning…
U.S. small-business confidence dropped to the lowest level in nearly 9-1/2 years in June amid concerns about inflation, but demand for labor remained solid as businesses continued to grow their operations, a survey showed on Tuesday. The National Federation of Independent Business (NFIB) said its Small Business Optimism Index fell 3.6 points last month to 89.5, the lowest level since January 2013.