by Ed Steer, Silver Seek: The gold price was forced to trade in a very tight range everywhere on Planet Earth on Friday — and its rally that began around 8:50 a.m. in COMEX trading in New York, was capped around 10:45 a.m. EDT. It was sold lower for the next two hours — and then […]
from GoldSilver (w/ Mike Maloney): TRUTH LIVES on at https://sgtreport.tv/
by Alasdair Macleod, GoldMoney: In a febrile atmosphere, gold and silver futures continued to slide priced in dollars this week. Gold was down $72 from last Friday’s close at $1738 in European trade this morning, and silver down 72 cents at $19.12. Volumes in the Comex gold contract were high, while in silver, less so. […]
by Peter Schiff, Schiff Gold: Central banks globally added another net 35 tons of gold to reserves in May, according to data compiled by the World Gold Council. This follows on the heels of a net 19.4-ton increase in gold holdings in April and an 84-ton surge in gold reserve through Q1. Five banks contributed […]
from RT: Zimbabwe’s Central Bank announces gold coins as inflation approaches 200% Seeking to curb inflation, which reached 191% in June, the Central Bank of Zimbabwe announced on Monday it will soon start issuing gold coins. The government in Harare hopes this will reduce the demand for US dollars and at least slow down the further […]
by David Smith, Money Metals: Failure to “Plan Your Work” and “Work Your Plan” (for some absolutely mission-critical perspectives on this read our co-authored book, Second Chance: How to Make and Keep Big Money from the (in-play) Gold and Silver Shock-Wave. Focus on the main premise of positioning, avoiding too much in one investment (unless highly researched […]
by Craig Hemke, Sprott Money: As Q3 begins, the narrative of higher U.S. interest rates and a soaring dollar continues. But what will the narrative be by the end of Q3? Answer that question and you’ll know where COMEX precious metals prices are headed. The year 2022 has certainly not been much fun for us […]
by Peter Schiff, Schiff Gold: Demand for silver for brazing and soldering applications is expected to expand by 23% by 2030. This is one of several silver-related stories in the latest edition of Silver News published by the Silver Institute. Brazing and soldering alloys used 47.7 million ounces of silver in 2021. That represented about 9.1% of the total industrial demand […]
by Egon Von Greyerz, Gold Switzerland: The massive money creation in the 2000s has led to a debt and asset bubble, which is about to burst. Investors will be shocked by the speed of the decline and won’t react before it is too late. The massive money creation by central and commercial banks in this […]
