by Alasdair Macleod, Schiff Gold: The sell-off in precious metals continued as bond yields continued to rise and a strong dollar persisted. In early trade in Europe this morning, gold was $1822, down another $26, unchanged on the year. Silver traded at $21, down $1.17. Comex volumes in both metals declined from good levels, indicating […]
from SD Bullion: TRUTH LIVES on at https://sgtreport.tv/
by Mish Shedlock, Mish Talk: As mortgage rates surge to 7.7 percent, Goldman Sachs revises is 6.5 percent forecast. Mortgage Rates Easily Launched to New Long Term Highs by Upbeat Data Mortgage News Daily reports Mortgage Rates Easily Launched to New Long Term Highs by Upbeat Data Mortgage rates were already close to the highest levels […]
from GoldSilver (w/ Mike Maloney): TRUTH LIVES on at https://sgtreport.tv/
by Peter Schiff, Schiff Gold: Most people in the mainstream will scoff at that statement. They’ll tell you that the situation is very different today. After all, we don’t have a big problem in the subprime mortgage market. We’re not seeing a big spike in defaults. That’s true. The problem is different this time. And […]
from Nomad Capitalist: TRUTH LIVES on at https://sgtreport.tv/
from The Jimmy Dore Show: TRUTH LIVES on at https://sgtreport.tv/
by Alasdair Macleod, Schiff Gold: With the Asian hegemons undoubtedly able to introduce gold standards, where does that leave the dollar? This article describes just how precarious the fiat dollar’s position has become. For now, the dollar appears to be buoyed up by rising bond yields. However, as they rise further portfolio losses for foreign […]
by Joseph P. Farrell, Giza Death Star: OK, so here’s my random thought of the day… There’s a move afoot to prohibit a central bank digital dollar from ever being issued by the Fed – without “authorization” that is – according to this article shared by E.G.(with our thanks): US lawmakers advance legislation blocking the […]
by M.J., Survival Blog: As an intellectual exercise, I converted the price of some of my recent purchases from U.S. dollars to ounces of silver. I did this out of curiosity to see how well I would do in a precious metals-based economy. I used the spot price of silver per ounce that was quoted […]
