SD Friday Wrap: Gold & silver leg-up on a week they couldn't get Stevie to shut-up..
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.
It seems Pres. Trump's plan to borrow a Vincent van Gogh painting to adorn the White House went into the crapper. But it was a solid gold crapper - so the news wasn't all bad.
Precious metals dealers are bullish on gold and silver in 2018.According to an informal survey conducted by the nonprofit Professional Numismatists Guild, retailers anticipate gold will reach $1,460 this year, and perhaps climb even higher. They also like silver's prospects, projecting the price to hit the $20 per ounce mark.
"There can be no way to correct a terrible fundamental error such as the world's reliance on fiat money, without paying a heavy price..."
“We live in a world where exchange rates are not and should not be targeted for competitive purposes.”
"Gold could see a doubling in the price from $1,400 to $2,800 in 2018."
This 2018 Gold Coin Buyers Guide will cover the basic do’s and don’ts of buying gold coins, including the advantages of owning them, the best gold coins to buy, the best places to buy (including if you should buy online), and how to avoid getting ripped off.
If a picture’s worth a thousand words, Clive Maund's technical charts and annotations are worth millions.
Another day, more strength in gold. As the gold price sets up for a run to multi-year highs, the USD continues to tank.
In what cryptocurrency NEM’s CEO Lon Wong is calling “The biggest theft in the history of the world,” $400M in NEM was stolen from an unlicensed Japanese exchange.
...trade frictions. Weak dollar. Rising twin deficits, spurred by tax reform. Sound familiar? It should. This was 1987. Start rebalancing."
Eric says that the precious metals and the commodities were the last asset classes to move, but now, our time has come. Here's what it means...
The last time the USD’s trade-weighted value peaked was in 2002. And it didn’t rebound again for six years, diving into a steady decline until 2008. Did the trade-weighted USD just peak again?
(ECB Keeps Main Refinancing Rate At Zero While USDEUR Tumbles). The European Central Bank (ECB) has left its main refinancing rate at 0% since early 2016. And Bank of Japan's key interest rate is negative. Of the three central banks, only the US Federal Reserve is raising rates. The…
When Janet Yellen indicated, a few months back, that the Fed’s balance sheet was going to be shrinking, something must have been lost in translation. You know. From Fed English to regular English.
"To understand the staggering amount of investor gold buying during the next market crash, we need to take a look at..."
There are scary charts, and then there are scary charts. Imagine what the beginning of a technical freefall would look like. Got it? Does it look a whole lot like this?
“Brother, Can You Spare a Dime?” was one of the most popular and resonant songs of The Great Depression. Against the backdrop of 13,000% inflation, the lyrics would have to be rewritten: “Brother, Can You Spare $13?"
Harvey explains how we have shocking results on the COMEX in conjunction with the now gigantic amount of gold EFPs sent to London. Here's an update...