Suriname’s waterways and trade winds carry mercury, a toxic metal used in gold extraction, to regions far removed from the country's gold mines By Bram Ebus and Wilfred LeeuwinDialogo Chino, LondonThursday, September 14, 2023 Fast-paced Surinamese men carrying sports bags heavy with gold rush through the entrance of one of the gold shops in the centre of Paramaribo, the capital city of Suriname.  The lookout, a man in sunglasses and shorts, watches from the parking lot, his hand resting on the c...

By Jan NieuwenhuijsGainesville Coins, Lutz, FloridaFriday, September 22, 2023 My estimation of global official gold reserves hit 38,764 tonnes in Q2 2023, breaking its previous record from 1965.  The new high confirms the world has entered a new era of gold. Central banks will continue to accumulate gold and the metal's role in the international monetary system will increase to the detriment of the U.S. dollar. ... Dispatch continues below ... ... ADVERTISEMENT ... Buy, Sell, or Store Precious M...

9:48p ET Friday, September 22, 2023 Dear Friend of GATA and Gold: While it is a few months old, the March 22 edition of financial analyst Luke Gromen's "The Forest for the Trees" letter remains an outstanding review of, first, the use of derivatives and gold leasing by central banks to control the gold price, and, second, the growing evidence that central banks plan to use the monetary metal to replace the U.S. dollar and U.S. Treasury bonds as the primary settlement mechanism for world trade. ....

In addition to gaining full access to all SRSrocco Report public and Silver Member content, Gold members will be privy to 1-2 Gold Member posts per week in the SRSrocco Report Gold Vault on the topics listed below.  Gold Members will also receive deeper layers of analysis on the content provided to Silver Members and the general public. Your Gold Membership will give you first-rate, up-to-date summaries of what’s trending in the fields below, including “My Type of Analysis” SRSrocco’s trademark ...

Today Nomi Prins, who has given keynote speeches to the World Bank, IMF, Federal Reserve, and many other prominent institutions, told King World News she expects to see radical moves in gold, bonds and foreign currency markets. September 23 (King World News) – Eric King:  “We are not going to have a triple top on the gold market. So the Fed has their trading room — we joke it’s the biggest hedge fund in the world — and they are kicking around the price of gold, the problem is that there is big m...

As we end another week of trading in September, gold and silver open interest has collapsed near the lowest levels in 5 years. September 22 (King World News) – Alasdair Macleod:  The FOMC and the Bank of England surprised markets by not raising interest rates this week as expected. Following the FOMC’s decision, gold and silver fell on the back of its hawkish statement before recovering slightly. In Europe this morning, gold was $1926 up a net $2 from last Friday’s close. Silver fared much bette...

By Ted ButlerSilverSeek.comThursday, September 21, 2023 After 40 years of silver price manipulation and suppression on the Comex, the physical market has experienced a lack of production growth as well as enhanced demand brought about by too-low silver prices.  According to the immutable law of supply and demand, silver is now in a deepening physical shortage in which sharply higher prices are both required and inevitable.  The key element that I speak of today is the likely behavior of the shor...

Posted by SRSrocco in Economy, News, Silver Members on September 21, 2023 — Comments Off on U.S. HOUSING MARKET TO HIT CATEGORY 5 STORM: Record Unaffordable Home Prices Propped Up By Huge Shadow Inventory We thought we had learned our lesson from the last U.S. Housing Bubble, but unfortunately, we didn’t.  The U.S. Housing Market is just as insane, or even worse than during the 2005-2008 period.  Americans have no idea that we are facing a massive Category 5 Storm in the U.S. Housing Market… Thi...

This is what the world now faces and it will send shockwaves though global markets. The outcome is almost guaranteedSeptember 21 (King World News) – Alasdair Macleod:  The planners’ assumption is that falling consumer demand will lead to lower prices. But to the extent that the authorities believe this is true merely exposes the levels of their economic ignorance, because output of production declines first and then consumption reduces as employees are laid off. Far from reflecting a decline in ...

By Alasdair MacleodHead of Research, GoldMoneyvia Schiff Gold, White Plains, New YorkThursday, September 21, 2023 Among the many problems currencies and markets face, there is one which is undocumented: the eurodollar market, which is yet another very large elephant in the room. This article quantifies eurodollars and eurodollar bonds, which are additional to US money supply and credit. ... Dispatch continues below ... ... ADVERTISEMENT ... Fisher Precious Metals offers great priceswith personal...

By Joe Deaux and Kim ChipmanBloomberg NewsFriday, September 15, 2023 A former JPMorgan Chase & Co. gold trader was ordered to serve six months behind bars for a fraud conviction tied to deceptive orders, the last criminal penalty imposed in a years-long spoofing saga at the bank. Christopher Jordan was sentenced today in Chicago by U.S. District Judge Edmond Chang. Jordan was convicted in December for placing deceptive spoofing orders from 2008 to 2010 that witnesses testified were rampant a...

Here is a look at what triggered the global selloff in stocks. Overseas Markets Tumble HardSeptember 21 (King World News) – Art Cashin, Head of Floor Operations at UBS:  Overnight, global equity markets are positively reeling in response to the reaction to the U.S. markets to the FOMC press conference. In Asia, Japan closed down the equivalent of 500 points in the Dow. Hong Kong was off about 450 points. Mainland China was relatively quiet, down only about 280 Dow points. India had a somewhat si...

The global debt market is now flashing red and the selloff is alarming. September 20 (King World News) – Gregory Mannarino, writing for the Trends Journal:  Last week Bloomberg reported this: “The Bond Market Has Not Flashed a Warning Sign for This Long in Over Six Decades.”  The world debt market consists of essentially promissory notes, a constant and ever-expanding debt black hole with no end in sight. But today, nations around the world have become totally dependent on borrowing epic and eve...

By Eddie SpenceBloomberg NewsWednesday, September 20, 2023 Russia became the United Arab Emirates’ top source of gold last year after Western countries imposed sanctions on supplies following the Kremlin’s invasion of Ukraine. The UAE last year imported 96.4 tons of gold from Russia, more than any other country, according to the United Nations’ Comtrade database. That’s roughly a third of Russia’s annual mine production, and a more than 15-fold increase year-on-year in the UAE’s gold imports fro...

As we continue trading in the final two weeks of September, silver is now coiled to explode on the upside as there is big trouble brewing on Wall Street. Big Trouble Brewing On Wall StreetSeptember 20 (King World News) – Graddhy out of Sweden:  The historical breakdown from this 15-year bearish pattern is just another brick in the bullish commodities wall. Now backtesting from below. S&P 500 vs US Producer Price Index Has Broken Down And Backtested. The S&P Should Collapse From Here vs P...

Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, shared with King World News a major update on the US dollar and gold. US Dollar And GoldSeptember 19 (King World News) – Michael Oliver, Founder of MSA Research:  The upside action of the past few weeks has no doubt excited the Dollar bulls. Price punched out its highs going back to April. You can bet that near-term price charts are certainly making the rounds in many market let...

From ReutersTuesday, September 19, 2023 LONDON -- Swiss gold exports rose by 7.3% in August from July as higher deliveries to India and China offset lower supplies to Turkey, customs data showed today. Switzerland is the world's biggest bullion refining and transit hub, while China and India are the largest consumer markets with local demand sensitive to high prices and time of the season. ... Dispatch continues below ... ... ADVERTISEMENT ... USA Gold: Coins and Bullion Since 1973 USAGold, well...

Monetary policy shifts may rock global markets this week. Fed, BoJ, BoESeptember 19 (King World News) – Art Cashin, Head of Floor Operations at UBS:  … not only is the Fed coming up this week, we have the Bank of Japan, the Bank of England and about nine other central banks. There will be nuances watched at every twist and turn, but in the meantime, as is customary at about this hour of the morning, we should take a look back and see what our friends offshore did overnight.  Overnight, global eq...

Board of Directors of BMG Group Inc., Announces the Passing of Industry Icon Nick Barisheff Company AnnouncementMonday, September 18, 2023 MARKHAM, Ontario, Canada -- The Board of Directors at BMG Group Inc. sadly informs the public of the passing of Nick Barisheff on Friday, September 15.  Nick Barisheff was the founder, chair, and CEO of BMG Group Inc.  The company extends its sincerest condolences to Nick's family and friends and mourns the loss of a great Canadian. ... Dispatch continues bel...

In addition to gaining full access to all SRSrocco Report public and Silver Member content, Gold members will be privy to 1-2 Gold Member posts per week in the SRSrocco Report Gold Vault on the topics listed below.  Gold Members will also receive deeper layers of analysis on the content provided to Silver Members and the general public. Your Gold Membership will give you first-rate, up-to-date summaries of what’s trending in the fields below, including “My Type of Analysis” SRSrocco’s trademark ...