by Joseph P. Farrell, Giza Death Star: Some time ago, during the “gold repatriation” craze of a few years ago, I noted that Austria was one of those countries seeking to repatriate its gold from major western central banks, in this case, the Old Lady of Threadneedle Street, a.k.a. the Bank of England. You might […]
by Dave Kranzler, Investment Research Dynamics: Inflation is something that happens to balloons. In this context it is an increase in the combined quantity of money, currency, and credit, which will tend to increase prices all else being equal. – Alasdair Macleod, Inflation Defined NOTE: The commentary below is from my latest issue of the Mining […]
from Kinesis Money: TRUTH LIVES on at https://sgtreport.tv/
from SGT Report: The official CPI print on Friday, June 10th was 8.6%. That’s the “official” government number which is massaged lower – the actual real world inflation including energy, gas and rent is closer to 15% or more. It’s getting bad and people are gonna get hurt. Bill Holter joins me to discuss that, […]
from SGT Report: $30.5 TRILLION in stated U.S. debt, $200 TRILLION in unfunded liabilities, and the spending continues unabated. Such times as these are when the smart money turns to tangible assets in the ground; gold, silver, copper and uranium. One such smart investor is Blackrock which has been buying shares in GoldMining, Inc. to […]
by Jim Rickards, Daily Reckoning: The world has changed radically in recent years. We’ve had the worst pandemic since 1918, and the third worst in world history. We’ve had a global supply chain breakdown. Inflation is the worst since the early 1980s. Europe is experiencing its worst war since the end of World War II. […]
by Craig Hemke, Sprott Money: Back in the summer of 2011, many of us were reading about the Weimar Republic and its hyperinflationary downfall. A decade later, it’s time to revisit the history. The go-to book in the summer of 2011 was “When Money Dies” by Adam Fergusson. Originally published in 1975, Fergusson updated the […]
by Egon Von Greyerz, Gold Switzerland: As one who loves metaphor, I can’t help but notice the recent and varying range of metaphorical macro warnings. JP Morgan’s Jamie Dimon, for example, is now predicting a “market hurricane” ahead, which Peter Schiff has recently upgraded to a “Category 5.” Meanwhile, the always blunt Michael Burry has […]
from GoldSilver (w/ Mike Maloney): TRUTH LIVES on at https://sgtreport.tv/
by Peter Schiff, Schiff Gold: Please note: the COTs report was published 6/3/2022 for the period ending 5/31/2022. “Managed Money” and “Hedge Funds” are used interchangeably. Gold Since the peak on March 8, Managed Money has massively reduced its Net Long positions by 98k contracts or 66%. Despite massive selling, the gold price has actually […]
