By Hugh SonCNBC, New YorkTuesday, August 15, 2023 A Fitch Ratings analyst warned that the U.S. banking industry has inched closer to another source of turbulence -- the risk of sweeping rating downgrades on dozens of U.S. banks that could even include the likes of JPMorgan Chase. The ratings agency cut its assessment of the industry's health in June, a move that analyst Chris Wolfe said went largely unnoticed because it didn't trigger downgrades on banks. ... Dispatch continues below ... ... ADV...

From Bloomberg Newsvia Yahoo NewsTuesday, August 15, 2023 China's gold price is rising against levels in London, a trend that local traders say is due to government curbs on imports of the precious metal. The Shanghai spot price was more than $40 an ounce higher than that in London on Aug. 14, according to Bloomberg calculations based on exchange data. That's the biggest premium in more than five months, with the gap steadily widening from late June even as consumer demand in China remained slug...

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 ...

Here is a look at copper,  the metal everyone needs to own. Growing Urgency to Modernize U.S. Power GridAugust 14 (King World News) – Paul Wong, Market Strategist at Sprott Asset Management:  The Nasdaq Sprott Energy Transition Materials™ Index (NTSEM) rose 4.23% in July to close the month at 1,005.62. It was a strong recovery month for conventional metals miners, as witnessed by robust returns for copper miner stocks and rising base metal prices. Commodities staged a strong recovery as the risk...

GATA's Bill Murphy and Chris Powell will be among the speakers at the New Orleans Investment Conference. * * * By Brien LundinPublisher, Gold NewsletterCEO, New Orleans Investment ConferenceMonday, August 14, 2023 I'm excited. Not by the metals and mining markets, mind you. They're still stuck in the mud. In fact, gold is testing key support around the $1,900 level once again ... and in the process testing my theory that the metals bottomed in early July. ... Dispatch continues below ... ... ADV...

There is so much anti-gold propaganda in the mainstream media but here is the truth about the gold market. August 14 (King World News) – James Turk:  Since central banks around the world began raising interest rates, Eric, we’ve been hearing that higher rates are bearish for gold. Let’s put that notion to a test. In the past year and a half the Fed Funds rate at which banks lend or borrow dollars has jumped at a record pace from 0.2% to 5.1%. Yet gold today is approximately the same as it was in...

Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that another massive wave of inflation is about to be unleashed and it will devastate the US stock market. POWELL’S INFLATION TARGETINGAugust 13 (King World News) – Egon von Greyerz, Founder of Matterhorn Asset Management:  The Fed has two mandates – Maximum Employment and Price Stability. If we look at price stability, the Fed has failed miserably.  The Fed employs...

5:45p ET Saturday, August 12, 2023 Dear Friend of GATA and Gold: Bullion Star gold analysit Ronan Manly today elaborates on the steady enlargement of the Polish central bank's gold reserves, and his report may be most interesting for quoting the explanation given by the bank's president, Adam Glapinski. Perfectly incisive as that endorsement is, Manly writes that it is nothing that could ever be written or uttered by U.S. Federal Reserve Chairman Jerome Powell. ... Dispatch continues below ... ....

Posted by SRSrocco in Energy, News, Silver Members on August 12, 2023 — 1 comment With global oil production likely to decline after 2025, this is only part of the problem.  Why?  It doesn’t consider the “Double Whammy” of falling Net Oil Exports.  As Oil Exporting countries continue to grow, they will consume even more Oil and export less… This content is for Corporate Membership Plan, Gold Membership Plan, Gold Membership Plan – Annual Payment, Silver Membership Plan, and Silver Membership Pla...

By Robert LambourneSaturday, August 12, 2023 Active trading in gold swaps by the Bank for International Settlements, the central bank of the central banks, continued in July. From information in the BIS' June 31 statement of account, published this week, it is estimated that the volume of gold swaps increased to 103 tonnes from the 87 tonnes estimated at June 30, a gain of 16 tonnes. The July statement of account can be found here: https://www.bis.org/banking/balsheet/statofacc230731.pdf The BIS...

Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, told King World News the gold market is about to make history. Price chart folks: look and ponder!August 12 (King World News) – Michael Oliver, Founder of MSA Research:  In the past fifty years, gold has produced three major bull trends and is now in its fourth (yes, in it). We realize that over the past few years gold bulls have given up and gold bears have dominated the talkin...

With so much chaos happening around the globe creating volatility in world markets, there are huge, seismic shifts happening around the gold and silver markets. Within hours KWN will be releasing an extremely important audio interview with Michael Oliver about a major turn in the gold and silver markets and much more. Until then… August 11 (King World News) – Alasdair Macleod:  “We’re not out of the woods yet in terms of the performance of gold and silver on COMEX, but I think we’re getting pret...

On the heels of volatility in the gold and silver markets, it appears Open Interest has collapsed in the gold market…again. Gold drifting lower to test late-June supportAugust 11 (King World News) – Alasdair Macleod:  Gold and silver drifted lower this week towards a test of the late-June lows. In European trade this morning, gold traded at $1918, down $24 from last Friday’s close, and silver traded at $22.7, down 89 cents. On Comex, turnover in gold was light, but in silver it was high. Comex d...

9:12p ET Thursday, August 10, 2023 Dear Friend of GATA and Gold (and Silver): GoldSeek Radio's Chris Waltzek interviewes GATA Chairman Bill Murphy about whether the monetary metals will ever reverse upward as the U.S. government's debt becomes ever-more stratospheric. The interview is 10 minutes long and can be heard at GoldSeek here: https://tinyurl.com/3kca9baa Waltzek also interviews market analyst Peter Grandich, who sees great opportunity in monetary metals mining stocks despite the worst s...

Posted by SRSrocco in Mining, Precious Metals, Silver Members, Videos on August 10, 2023 — 2 comments There are some Important Key Silver Charts you need to see.  The Silver Price is now at an Important Key Level, and with most of the Primary Silver Miners breaking even, I believe the Downside Risk is minimal.  One Key Factor is the U.S. Dollar which is also at a key level… This content is for Corporate Membership Plan, Gold Membership Plan, Gold Membership Plan – Annual Payment, Silver Membersh...

JavaScript is disabled You need to enable JavaScript to use SoundCloud Show me how to enable it published on 2023-08-10T21:19:26Z On this episode of "Precious Metals Projections" Craig Hemke and Chris Vermeulen analyze the intricate web of August's market trends. They discuss how the ongoing rate adjustments by the Fed could prolong the bond market's struggle, potentially causing panic among bondholders, as well as bond market sell-off impacting portfolios, potential stock market sell-offs in te...

Investors around the world need to beware of the Great Unwind and full-blown collapse that is coming which will devastate most people. Beware the great unwindAugust 10 (King World News) – Alasdair Macleod:  This chart below strongly suggests that US Treasury bond yields, widely regarded as the risk-free yardstick against which all other credit is measured are going significantly higher, not stabilising close to current levels before going lower as commonly believed. I conclude that US Treasury b...

By Alasdair MacleodGoldMoney, TorontoThursday, August 10, 2023 The chart published with this essay strongly suggests that U.S. Treasury bond yields, widely regarded as the risk-free yardstick against which all other credit is measured, are going significantly higher, not stabilising close to current levels before going lower as commonly believed.  I conclude that U.S. Treasury bond yields could easily double, and the political class will be powerless to stop them going even higher. The implicati...

As we move through trading in the month of August, we are now seeing some serious deflation. Real State Of The EconomyAugust 9 (King World News) – Peter Boockvar:  For always an important tell on the US labor market, and one of my go to sources, ZipRecruiter reported earnings last night and this is what was said on the earnings call from CEO Ian Siegel: “Employers continue to respond to the enduring macroeconomic uncertainty with caution. The number of job openings and employers’ willingness to ...

Today the top trends forecaster in the world discussed why the gold market is seeing volatility right now. GOLD:August 9 (King World News) – Gerald Celente:  The precious metal was down $10.60. Gold was down as the U.S. dollar gained strength after China’s July trade data came in lower than anticipated. China saw a 14.5 percent year-on-year drop in exports and imports came in 12.4 percent lower year-on-year while economists anticipated a 5 percent decline… ALERT: Billionaire mining legend Pierre...