Metals

2022 H2 beckons

by Alasdair Macleod, GoldMoney: Gold and silver fell sharply this week into the half-year end, as recession scares mount. This morning, in early European trade gold was $1796, down $36 from last Friday’s close, and silver was $19.80, down $1.25. Gold is now slightly below last year’s closing level, and silver is down 15%. The […]

GOLD CLOSED DOWN $5.45 TO $1801.50//SILVER CLOSED DOWN 61 CENTS TO $19.74

by Harvey Organ, Harvey Organ Blog: GOLD CLOSED DOWN $5.45 TO $1801.50//SILVER CLOSED DOWN 61 CENTS TO $19.74//PLATINUM DOWN $15.70 TO $888.90//PALLADIUM UP $31.80 TO $1962.05//COVID UPDATES/VACCINE IMPACT//4 MAJOR COMMENTARIES THAT ARE MUST READ FOR TODAY; TOM LUONGO ON THE RUSSIAN UKRAINE-NATO WAR//MICHAEL SNYDER ON THE POTENTIAL COLLAPSE OF EUROPE//BILL BLAIN AND MICHAEL EVERY ON […]

Zimbabwe Central Bank to Offer Gold Coins as Inflation Ravages the Country

by Peter Schiff, Schiff Gold: The Reserve Bank of Zimbabwe plans to issue gold coins as a way for investors in the country to store value as inflation runs rampant in the economy. The United States isn’t the only country battling rapidly rising prices. The inflation rate in Zimbabwe spiked from 132% in May to 191.6% in June, […]

GERMAN ENERGY GIANT UNIPER ON THE ROPES AS THEY CANNOT OBTAIN NECESSARY GAS DUE TO SANCTIONS

by Harvey Organ, Harvey Organ Blog: FIRST DAY NOTICE AT THE COMEX FOR GOLD AND SILVER: GOLD CLOSED DOWN $9.20 TO $1806.95//SILVER CLOSED DOWN $.41 TO $20.35//PLATINUM DOWN $8.85 TO $904.60//PALLADIUM UP $46.75 TO $1930.20/COVID UPDATES//BIDEN TO ADMINISTER MORE PFIZER SHOTS IN THE FALL AND HE ORDERED STUPIDLY, VACCINES FOR MONKEY POX//VACCINE IMPACT//GERMAN ENERGY GIANT […]

CHINA AGAIN GOES FOR MORE LOCKDOWNS

by Harvey Organ, Harvey Organ Blog: GOLD CLOSED DOWN $4.25 TO $1816.10//SILVER ALSO DOWN 11 CENTS TO $20.76/PLATINUM UP $3.50 TO $917.35//PALLADIUM UP $86.75 TO $1970.20/COVID UPDATES//CHINA AGAIN GOES FOR MORE LOCKDOWNS//DR PAUL ALEXANDER//GREG HUNTER INTERVIEWS DR. DAVID MARTIN : HIS CASE IN FEDERAL COURT BEGINS JULY 6.2022//NATO OFFICIALLY INVITES SWEDEN AND FINLAND TO NATO//RUSSIA […]

Goldman Sachs Raises 2022 Gold Price Target to $2,500

by Peter Schiff, Schiff Gold: Goldman Sachs sees a big upside in gold raising its target price to $2,500 an ounce by the end of the year. The investment bank cites recession worries and persistent inflation as reasons to be bullish on gold. Hovering around $1,825 an ounce, gold currently sits very near the 52-week moving average.  Gold certainly hasn’t excited […]