In this robust discussion, TraderStef and Dr Janda explore a number of gold & silver topics including a gold backed dollar and a new world reserve currency...
Chris says the rally in gold & silver begins quickly, and we will see acceleration higher in price. Does Chris see the same for oil? Here are the details...
Cyrille asks not to shoot the analyst as he explains five reasons gold is headed lower in the short-term, even if the ultimate outcome is gold & silver bullish...
"The closed-loop gold recycling process comes in two stages. In the first stage, recycled electronic wastes undergo initial dismantling. A metal surface chemistry process extracts precious metals including gold, silver and copper from printed circuit boards."
China continues to signal their willingness to engage in a war of economic attrition: "China's central bank said Sunday that it would move to free up 750 billion yuan ($109 billion) for new lending in an attempt to prop up growth. It's the fourth time this year it has cut the amount of money banks are required to keep in reserve."
SD Outlook: This flight is turning out to be a rough one, and we'll know soon enough if we need to assume crash positions and brace for impact...
"Disenfranchised commoners with few prospects for advancement form a volatile political class; a small event can trigger a non-linear explosion that threatens the stability of a status quo that benefits the few at the expense of the many."
"After a two-month dormancy in using credit cards, American consumers returned to doing what they do best - spending money they don't have - with revolving credit jumping by $4.8 billion, the highest monthly increase since May, and the second highest of 2018. "
As the world at large continues to trade with Iran and develop commerce strategies that circumvent the need to use US dollars, current isolationist policies may be serving to hasten the decline of US global economic influence.
"It can be pretty well validated by looking at monetary history that when you inflate the currency, distort interest rates and live beyond your means and spend too much, there has to be an adjustment," Paul said, calling for a 50% stock market decline by next year.
Bonds plunged to 4-year lows as Italian bank stocks were halted across the board: "UNICREDIT HALTED, LIMIT DOWN AFTER FALLING 5% IN MILAN, UBI HALTED, LIMIT DOWN AFTER FALLING 5% IN MILAN, MEDIOBANCA HALTED, LIMIT DOWN AFTER FALLING 5% IN MILAN..."
After the drop in August and again in September, the gold space is at fundamentally absurd price levels. That is all about to change, however. Here's why...
"...when everything is bullish but we just go sideways, it’s a bearish signal. In the meantime, the risk of a move..."
Silver has also broken out of a major downtrend line. Gold is looking good too. Here are the details...
There are many ways to look at the significance of the gold to silver ratio. Here's one way that looks at the ratio as it relates to economic recessions...
Using established history as her guide, Lynette says it is certain we're going back to some sort of gold standard after the hyperinflation. Here's why...
Bank of Nova Scotia settled spoofing charges by the CFTC this past week. Here's a perspective on what it means in relation to the market manipulation...
An update to the 2018 "In Gold We Trust" report has been released. See it right here, and be sure to carve out the time to look though it this […]
Dave Kranzler breaks down the current state of the precious metals markets along with the factors that will trigger the eventual price reset of gold...
SD Friday Wrap: Gold finishes with a gain for the week. A nice looking bottom is forming on gold's chart, and the technicals aren't too shabby either...