Precious metals are apparently waking up. And here is where you can find the best deals.
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SD Outlook: There's a lot of moving parts this week, and it will be critical for gold & silver to at least hold here...
Gold Has Only Seen Current CoT Conditions Twice Before; Has Rallied Both TimesJul 30, 2018 - 06:21:59 PDT
"Managed money short positions have outweighed long positions for four weeks, amounting to a near-record short position. The first time we saw this was in July 2015. Gold bottomed within 2 weeks, and rallied 11 percent. The second such time was in November 2015, and gold bottomed within 3 weeks before ultimately rallying 32 percent."
More Americans 18-34 Live With Their Parents Than Live Independently With a SpouseJul 30, 2018 - 05:37:50 PDT
And the numbers, when compared to their parents at the same age, are damning. Median debt of $33,000 vs. just $8,000 in 1977, while median income is still, after 41 years, identical: $34,000. In 1977, just 1 in 5 had yet to marry; today, over half never have. Is 35 the new 21?
It's easy to scoff at Venezuela these days, what with its tinpot, hyper-corrupt, socialist pseudo-dictator. But the world over, to one degree or another, most every country is somewhere on the same continuum that being with one fatal flaw: Total denial that unsustainable, fiat-currency-debt-driven policies are doomed to long-term failure.
London, the City That Never Wanted Brexit, Angrily Eyes Its EU-Dictated Financial FutureJul 30, 2018 - 05:16:02 PDT
London overwhelmingly voted against Brexit. And as the UK moves closer to secession, the city's financial sector's increasing frustrations with the labyrinthine EU regulatory stranglehold that awaits it are starting to boil over.
Harvey Organ: There Is Now A Perfect Correlation Between The Gold Price And The Chinese YuanJuly 30, 2018
Harvey says gold fell a little on Friday because of the perfect correlation in the gold price with the yuan. Here's the details...
The speculators are usually on the wrong side of the trade, and they're so stacked to the short side, it's nearly a record. Here's why it matters...
Jim says it's too late to buy flood insurance after the flood, and it's also too late to buy gold at these prices after the financial crisis. Here's more...
"...when the panic starts, the ones who have taken protection in physical gold and some silver will..."
"If the Commercials are loading up long positions in Gold to extreme levels while the Large Speculators (aka “Funds”) add to shorts, then..."
BRICS Gold 2.0: New Cooperation And Projects In The Ongoing Power Shift From West To EastJuly 28, 2018
An "unprecedented project" is is taking place in what is being dubbed as BRICS 2.0. Here's the details...
Jeff Clark Interview: All-Time High Fragility Index, Russia Dumps US Debt for GoldJul 28, 2018 - 10:44:19 PDT
Jeff returns to Reluctant Preppers to reveal the significance of Mike Maloney's new market indicator, the Fragility Index, and why it's an early warning signal we need to be aware of. Also, the significance of Russia's dramatic and definitive dumping of US debt in favor of gold.
About That Sunken Russian Ship Found Off The Coast Of Korea Containing $130 Billion In GoldJuly 27, 2018
Yup. Fake news. Which is exactly why we didn't cover it. Here's the details as the picture is becoming clearer about this "sunken treasure chest"...
GDP Dud: Stock Market Fizzles Despite The Best Economic Numbers Since The Presidential ElectionJuly 27, 2018
SD Friday Wrap: Best quarter of economic growth since the election and the market fizzles. Here's a recap including an update in the War on Truth....
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
Fun on Friday: Venezuelan President Solves Hyperinflation By Removing Zeros from CurrencyJuly 27, 2018
I was on vacation last week, so there wasn't any Fun on Friday. But I am back, and I have some really fantastic news for you - especially if you live in Venezuela. And even if you don't reside in that South American hell-hole, you'll want to keep reading because the ramifications here are huugggee!Venezuela President Nicolas Maduro fixed the country's hyperinflation problem.
Could China be secretly pumping up its gold reserves?Officially, the People's Bank of China hasn't added any gold to its hoard since October 2016. But some analysts don't think the Chinese have stopped accumulating gold. They think they've just gone silent.
"While campaigning for president, Donald Trump accurately said that American markets were a big, fat bubble. He was correct, and that same bubble has not burst, but has gotten even bigger! When the inevitable bust arrives, who will President Trump blame?"
"...it looks like theoretically that world has ended. And, of course, stocks haven’t..."
Rob Kirby: There Has NEVER Been As Much Repression & Suppression In Gold As There Is RIGHT NOWJuly 27, 2018
Rob drops some serious truth bombs about the current market rigging, including a very interesting one in calling out Jim Rickards. Here's the details...