(Bloomberg) — Gold has been hit by a large “wealth shock” on the back of a weaker yuan following the economic impact of the lockdowns in China, the world’s largest consumer, according to Goldman Sachs Group Inc., which revised its price targets. Still, the worst...
Continue reading » July 2, 2022 admin Gold No Comment 1970: Today:
Continue reading » June 15, 2022 admin Gold No Comment Jeff Clark, Senior Analyst, GoldSilver.com MAY 12, 2022 You’ve likely heard about the idea of a social credit score, where citizens could be graded on how environmentally or socially responsible they are. You recycle? Score one. You don’t recycle, minus one. You drive an electric...
Continue reading » May 13, 2022 admin Gold No Comment Snippets from THIS short article… “Then in May 1942, just before the United States’ military fortunes in the Pacific improved, in the midst of the gloom and the bargains and at the point of maximum bearishness, the U.S. stock market made a bottom for...
Continue reading » May 8, 2022 admin Gold No Comment Demand/Supply picture for commodities are getting increasingly favorable and yet future supply is record cheap. I discuss why I think future supply (junior miners) is currently the best Risk/Reward bet I have ever seen.
Continue reading » April 5, 2022 admin Gold No Comment Enjoy
Continue reading » April 4, 2022 admin Gold No Comment Latest musings from Zoltan Pozsar of Credit Suisse.
Continue reading » April 4, 2022 admin Gold No Comment Stories on the rise and (and later fall) of Hugo Stinnes, who became the richest man in Germany, during the hyperinflationary collapse of the Weimar Republic… “This transitionary period is explained clearly in the quote below from ‘When Money Dies’: When Money Dies – Quote...
Continue reading » March 30, 2022 admin Gold No Comment I started this piece a few weeks ago but never finished it. In light of the recent headlinesbelow I think it’s playing out faster than I was even prepared for: SAUDI ARABIA CONSIDERS ACCEPTING YUAN INSTEAD OF DOLLARS FOR CHINESE OIL SALES Putin wants ‘unfriendly’...
Continue reading » March 28, 2022 admin Gold 2 Comments I have been writing about the potential fiasco in Ukraine for ten weeks now. I began in early January and predicted a disaster for Nato and the US should they continue their stupidity. They did. I continued with the same message. How could I have been able to...
Continue reading » March 28, 2022 admin Gold 1 Comment