by Peter Schiff, Schiff Gold: JP Morgan forecasts $2,000 gold by the end of the year with the price continuing to rise to record highs in 2024. In his latest note, JP Morgan executive director of global commodities research Greg Shearer projects the price of gold will average around $2,175 an ounce by the fourth quarter of […]
by Harvey Organ, Harvey Organ Blog: SPREADER AND TAS INDUCED RAID ON OUR PRECIOUS METALS: GOLD CLOSED DOWN $21.80 TO $1947.10//SILVER CLOSED DOWN 59 CENTS TO $24.21//PLATINUM CLOSED DOWN $25.80 TO $939.00//PALLADIUM CLOSED DOWN $50.05 TO $1244.95//ECB HIKES BY 25 BASIS POINTS AS EXPECTED//UPDATES ON UKRAINE VS RUSSIA//COVID UPDATES//DR PAUL ALEXANDER//HOUSING PERMIT DATA FROM THE […]
from Global Times: China consumed 554.88 tons of gold in the first half of 2023, up 16.37 percent year-on-year, data from the China Gold Association (CGA) showed on Tuesday, as Chinese citizen’s income continues to rise steadily. The “gold rush” is partly fueled by the investors’ growing risk-aversion in buying equities and bonds, over concerns […]
by Harvey Organ, Harvey Organ Blog: GOLD CLOSED UP $2.45 TO $1962.55 WHILE SILVER ALSO HAD A STRONG DAY UP 24 CENTS TO $24.65//PLATINUM WAS UP $6.05 TO $969.80 WHILE PALLADIUM WAS UP $6.05 TO $1295.00/CHINA TO INITIATE MORE STIMULUS TO SUPPORT THEIR PLUMMETING ECONOMY//CHINA REPLACES ITS VANISHING FOREIGN MINISTER//EU REPORTS ON PLUMMETING LOAN DEMAND//UKRAINE […]
from SGT Report: Bix Weir from RoadToRoota.com, Chris Marcus from ArcadiaEconomics.com and Jean-Claude from BeyondMystic are back to discuss the manipulation of the most undervalued tangible asset on earth, and the very real possibility that one ounce of silver may cost exponentially more in coming years, or even months. 🍃 Help take years off the […]
by Dave Kranzler, Investment Research Dynamics: I wrote the following commentary for Kinesis Money – you can read the source article here: Kinesis Money Blog I argue that a new bull cycle for the precious metals sector began in late October 2022 – when it appears that gold and silver had bottomed and turned higher, after […]
from SGT Report: The world’s industries runs on base metals, while big tech relies on silver and the monetary system returns to gold. So what happens when geopolitics become so tumultuous that nation states begin to hoard their resources and gold vaults to 3, 4 or $5,000 per ounce? The President and CEO of Callinex […]
by Harvey Organ, Harvey Organ Blog: GOLD CLOSED UP $.65 TO $1977.25//SILVER CLOSED UP 11 CENTS TO $25.16//PLATINUM CLOSED DOWN $11.05 TO $976.10//PALLADIUM CLOSED DOWN $10.55// UPDATES ON THE IMPLODING CHINESE ECONOMY INCLUDING THE HUGE LOSSES FROM EVERGRANDE//PUTIN WILL ONLY ATTEND THE BRICS CONFERENCE AUGUST 22-24 BY VIDEO CONFERENCING//COVID UPDATES: HUGE UPDATE ON MYOCARDITIS CASES […]
by Jim Rickards, Daily Reckoning: As I’ve been warning my readers, the most significant development in international finance since 1971 will be unveiled just over one month from today. A new BRICS gold-linked currency will be announced on Aug. 22 at the BRICS Leader’s Summit conference in Durban, South Africa (the BRICS are Brazil, Russia, […]
by Harvey Organ, Harvey Organ Blog: GOLD PRICE CLOSED DOWN $6.60 TO $1953.15/SILVER PRICE FELL 19 CENTS TO $24.80//PLATINUM FINISHED UP $1.90 TO $979.90 WHILE PALLADIUM CLOSED FLAT AT $1285.25//IMPORTANT COMMENTARIES TODAY FROM PETER SCHIFF RE JIM GRANT AND ZOLTAN POSZAR/UPDATES ON THE UKRAINE VS RUSSIA WAR: MOST IMPORTANT, RUSSIA STOPS ALL WHEAT/GRAINS THROUGH THE […]
