By Brian LilleyToronto SunThursday, April 20, 2023 It's the kind of stuff movies are made of -- a robbery from a supposedly secure facility, a huge amount of gold now missing and a mystery about who is behind it. Peel Regional Police have enlisted the help of the Royal Canadian Mounted Police following a massive gold heist at Pearson airport. Earlier this week someone made off with 3,600 pounds of gold being moved through the airport. Pearson is often used to move gold mined in Ontario to custom...

In the midst of all of the financial chaos, a gold revaluation is now playing out of the world stage. How Quickly Will The Dollar Collapse?April 20 (King World News) – Alasdair Macleod, head of research at Goldmoney:  This article looks at the factors behind the growing rejection of the dollar for trade settlement purposes by non-aligned nations around the world. They no longer fear political or economic reprisals from America. The dollar’s monopoly was notably challenged by Saudi Arabia, which ...

By Nic FildesFinancial Times, LondonThursday, April 20, 2023 Australia's treasurer has announced the biggest shake-up of the country's central bank in its 63-year history, proposing the establishment of a new interest rate-setting board and an overhaul of its culture. The reforms were unveiled after a review of the Reserve Bank of Australia, the first in four decades, was launched last year following sharp criticism of its handling of interest rate guidance and slow response to rising inflation....

JavaScript is disabled You need to enable JavaScript to use SoundCloud Show me how to enable it published on 2023-04-20T15:36:55Z This month, Ned and Craig will discuss our listener-submitted questions, including: ✔️ What is the current state of the monetary policy cycle and its potential impact on the gold and silver markets? ✔️ What do professional investors think about investing in gold? ✔️ Why are the mining shares prices can't keep up with the price of gold? ✔️ What are the potential short-...

By Alasdair MacleodGoldMoney, TorontoThursday, April 20, 2023 This article looks at the factors behind the growing rejection of the dollar for trade settlement purposes by non-aligned nations. They no longer fear political or economic reprisals from America. The dollar's monopoly was notably challenged by Saudi Arabia, which removed itself from the U.S. sphere of influence to that of China and Russia. Consequently, peace has broken out throughout the Arab lands. ... Dispatch continues below ... ...

Today the top trends forecaster in the world discussed the eve of the death of the US dollar. The Death Of The DollarCHINA’S RENMINBI DOUBLES ITS SHARE OF WORLD TRADE PAYMENTSApril 19 (King World News) – Gerald Celente:  Since Western allies levied sanctions on Russia after it invaded Ukraine, the proportion of world trade paid for in China’s renminbi currency has more than doubled, according to the Financial Times. From 2 percent in February 2022, the renminbi’s share has grown to 4.5 percent. ...

By Shi QingGlobal Times, BeijingWednesday, April 19, 2023 Not long ago U.S. Vice President Kamala Harris visited three African countries -- Ghana, Tanzania, and Zambia. This is the fifth visit by a high-ranking Biden administration official to Africa this year.  During her visit, Harris repeatedly raised the issue of African debt, urging China to reduce debt owed by Ghana and Zambia, and announced the dispatching of a full-time resident adviser to Accra to assist the U.S. Ministry of Finance wit...

On the heels of some wild trading in the gold and silver pits today, apparently the bears didn’t realize there is “no physical gold and silver available in any quantity.” BTFD In GoldApril 19 (King World News) – Alasdair Macleod:  “Watching the gold price in the last few days has been interesting. Every time the bullion banks try to mark it down, the buyers come in and the price then shoots up. Today, they took it down to $1,969 before it bounced back $27 in a matter of a few hours. Buyers, many...

From Money Metals News Service, Eagle, IdahoTuesday, April 18, 2023 LITTLE ROCK, Arkansas -- Sound money advocates are rejoicing as House Bill 1718, the Arkansas Legal Tender Act, has become the law in the Natural State. Backed by the Sound Money Defense League, Money Metals Exchange, and sound money advocates and supporters throughout the state, HB 1718 reaffirms gold and silver as legal tender, as well as ending all taxes on the purchase, sale, or exchange of specie, including state capital ga...

11:56p Tuesday, April 18, 2023 Dear Friend of GATA and Gold (and Silver): Gold researcher Jan Nieuwenhuijs today addresses speculation, for which there is limited evidence, that Saudi Arabia is surreptitiously selling oil to China in exchange for gold from the Shanghai international exchange. Nieuwenhuis' analysis is headlined "Is Saudi Arabia Selling Oil to China for Gold?" and it's posted at the Gainesville Coins internet site here: https://www.gainesvillecoins.com/blog/is-saudi-arabia-selling...

11:50p Tuesday, April 18, 2023 Dear Friend of GATA and Gold (and Silver): Working from the assumption that the Comex gold and silver futures markets are largely rigged by the positioning of big options traders, the TF Metals Report's Craig Hemke today tries predicting where that rigging will place gold and silver prices next Tuesday when options on the June contracts expire. Hemke's analysis is headlined "Comex Gold Options Sweet Spot" and it's posted at Sprott Money here: https://www.sprottmone...

The gold trade is far from crowded as the Federal Reserve is poised to raise interest rates. Gold Trade Not CrowdedApril 18 (King World News) – Fred Hickey:  Love the early morning attacks on gold as soon as futures open past 3 days (and then partial rallies back rest of day) with gold still holding around $2K. Also 8.4 tons outflows from GLD ETF. Bears pressing- but not getting very far. Open interest sliding too (already at low levels). Gold was overbought, so corrective period is healthy afte...

Posted by SRSrocco in Economy, Energy, Mining, Silver Members, Videos on April 18, 2023 — Comments Off on COPPER MINING MEET THE ENERGY CLIFF: The Global Copper Mining Supply Gets Into Serious Trouble After 2025 In just a few short years, the Copper Mining Industry will reach peak production, which will signify the pinnacle of the Global High-Tech Economy.  Thus, the idea that AI or ChatGPT will be the new “Game Changer” for the human race, will also fade away into history as another high-tech d...

Investors need to buckle up because the Fed is going to raise interest rates again in two weeks. Here is what you need to know. Fed Will Raise Interest RatesApril 18 (King World News) – Peter Boockvar:  I’m waving the white flag on my belief the Fed would not raise rates on May 3rd following the hawkish Waller comments Friday and which mimicked what Bullard, Mester, Barkin and Bostic have said even though those four don’t vote. Confirming the belief too is the rebound in the Atlanta wage data, t...

There is no way the price of gold has topped. Plus we are in one of the most speculative environments in history. Speculative ManiaApril 17 (King World News) – Otavio Costa:  Call option volumes surged again to all-time highs this last quarter. This level of interest in derivatives is highly associated with the current retail trading frenzy. NOT WHAT A MARKET BOTTOM LOOKS LIKE:One Of The Most Speculative Environments In History To be clear, this is not representative of a market bottom. Yes, the...

Bull market #3 is alive and well in this key asset and it will be a game-changer for the world. Uranium Outperforms CommoditiesApril 17 (King World News) – Jacob White at Sprott Asset Management:  The U3O8 uranium spot price fell slightly from $50.85 to $50.70 in March and remains up 4.93% year-to-date as of March 31, 2023, showing strength relative to other commodities, which declined 6.47% YTD (as measured by the BCOM Index). Over the longer term, uranium has demonstrated even greater resilien...

12:19p Monday, April 17, 2023 Dear Friend of GATA and Gold (and Silver): Bullion Star gold researcher Ronan Manly reports today that the former JPMorganChase gold and silver futures traders convicted of "spoofing" the markets are appealing their convictions by asserting that their "spoofing" did no actual harm, though it generated misleading prices on which the world traded. Manly's report is headlined "JPMorgan Gold Traders Show Contempt for the Law, Plan to Appeal their Convictions" and it's p...

By Harry Dempsey and Chris CookFinancial Times, LondonMonday, April 17, 2023 A Swiss commodity trader's Abu Dhabi subsidiary has been able to buy tens of millions of dollars of Russian gold despite a ban on Swiss entities undertaking such activity, the latest evidence of a gap in Western sanctions against Moscow. Switzerland last August adopted the EU's prohibition of "the direct or indirect import, purchase, or transfer" of Russian gold including shipments into third countries, which was among ...

Posted by SRSrocco in Economy, Energy, News, Silver Members, Videos on April 16, 2023 — Comments Off on MASSIVE FRENCH PENSION PROTESTS COMING SOON TO A CITY NEAR YOU: Energy Cliff Dynamics Will Destroy Centralized Governments The massive French Pension Protests are a warning sign for the rest of the world.  Unfortunately, the Energy Cliff dynamics are making it impossible for the public and private pension systems to continue.  Watch as these types of protests spread throughout the world in the...

Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that this Everything Global Collapse will be unlike anything seen in world history. First Gradually Then Suddenly – The Everything CollapseApril 16 (King World News) – Egon von Greyerz, Founder and Managing Parter of Matterhorn Asset Management:  The inevitable consequence of the current Global Debt Bubble will be the Bankruptcy of the financial system and many of i...