By Reade Pickert and Jennah HaqueBloomberg NewsMonday, November 27, 2023 After years of inflation, U.S. consumers are shouldering a burden unlike anything seen in decades -- even as the pace of price increases has slowed. It now requires $119.27 to buy the same goods and services a family could afford with $100 before the pandemic. Since early 2020, prices have risen about as much as they had in the full 10 years preceding the health emergency. ... Dispatch continues below ... ... ADVERTISEMENT ...

Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that the death of the global financial system is at hand. November 27 (King World News) – Egon von Greyerz, Founder of Matterhorn Asset Management:  The world is now witnessing the end of a currency and financial system which the Chinese already forecast in 1971 after Nixon closed the gold window. Again, remember von Mises words: “There is no means of avoiding the f...

The bullion banks are becoming increasingly concerned about their short positions as the price of gold closed very close to a major upside breakout above $2,000 and the price of silver continues to surge toward the $25 level. War In the Gold & Silver Markets Heating UpNovember 26 (King World News) – King World News note:  With the price of December gold futures closing the week above $2,000, it appears the bullion banks are not in any hurry to get in the way of the rally in gold and may be b...

TOPICS:Wind Power Posted by SRSrocco in Economy, Energy, News, Silver Members on November 25, 2023 — Comments Off on FROM BAD TO WORSE: World’s Largest Wind Company In China Profits Tumble 98% It’s one thing when the Western wind power companies lose money, but another thing entirely when it happens to the largest firm in China.  Why?  China is supposed to be the lowest-cost producer in the world.  This is just another nail in the coffin for the Green Energy Industry… This content is for Corpora...

With the price of gold closing the week above $2,000 and silver surging to $24.40, next week may be a huge surprise for gold and silver investors! What A WeekNovember 25 (King World News) – Alasdair Macleod:  Ahead of a possible challenge on the $2000 level, gold consolidated recent rises this week, and silver held up well. This morning in European trade, gold was $1995, up $15 from last Friday’s close, and silver was $23.70, unchanged on the week.  Comex volumes were healthy, despite the Thanks...

11:30a ET Friday, November 24, 2023 Dear Friend of GATA and Gold: GATA Chairman Bill Murphy joins London metals trader Andrew Maguire and host Shane Morand on this week's edition of Kinesis Money's "Live from the Vault" program, discussing GATA's formation and work over the last quarter century. Murphy explains why he was censored long before "cancel culture," how the silver market is manipulated just as the gold market is, and the potential consequences of the manipulations and their failure. T...

Top Citi analyst from Citi says gold is on the cusp of a major breakout that will send the price to an all-time high. Gold’s Final BreakoutNovember 24 (King World News) – Excellent piece from Citi’s Naveen Nair:  Gold is testing very strong resistance at $2000-$2009 (Psychological level, 76.4% Fibonacci retracement and October highs). We closely watch this level, given a decisive break would suggest a +2.7% move towards 2023 highs. Building blocks: Resistance at $2000-$2009 (Psychological level,...

From Agence France-Pressevia Barron's, New YorkThursday, November 23, 2023 Burkina Faso's junta-led government today launched the construction of the country's first refinery for gold, Burkina's main mineral resource, an AFP journalist said. The refinery will have a production capacity of around 400 kilograms (880 pounds) of gold per day, according to Ismael Siby, CEO of the refinery's co-managing company, Marena Gold. ... Dispatch continues below ... .... ADVERTISEMENT .... Buy metals at GoldMo...

By Hamish HastieSydney Morning HeraldThursday, November 23, 2023 The taxpayer-owned Perth Mint and its operator Gold Corp. have avoided a fine despite Australia's finance watchdog uncovering a litany of failures in its compliance with anti-money laundering and terrorism finance laws. Instead, Gold Corp. has entered into an "enforceable undertaking" with the Australian Transaction Reports and Analysis Centre, which sets in stone a requirement for the organisation to fix its anti-money laundering ...

By Alasdair MacleodHead of Research, GoldMoney, Torontovia Schiff Gold, White Plains, New YorkThursday, November 23, 2023 This article concludes that the current downturn in bond yields is part of a continuing market manipulation by central banks in order to restore confidence in the global economic outlook. There is a long history of government intervention in markets. In the nineteenth century, it was by legal regulation, the most notable of which was the 1844 Bank Charter Act, which had to be...

By Tiemoko DialloReutersWednesday, November 22, 2023 BAMAKO, Mali -- Mali's military government said it has signed an agreement with Russia to build a gold refinery in the capital, Bamako, one of a slew of deals between the two countries as Russia seeks to extend its regional influence. The accord, a non-binding memorandum of understanding, involves building a 200-tonnes-per-year refinery, minister Alousséni Sanou said in an interview on state television broadcast late Tuesday. ... Dispatch cont...

Despite the extreme bearish sentiment and historic capitulation in the mining space, it is finally time for gold, silver, and mining stocks to be unleashed to new all-time highs. November 23 (King World News) – Here is an update on the preposterous situation taking place in the gold space, and why we have finally hit rock bottom… 9 days ago King World News published this note on the gold space This sums up the endless frustration of investors in the gold space… King World News note:  Below are t...

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 ...

The world is in danger of a super spike in the price of oil that would create even more inflation. This would of course be extremely bullish for the gold and silver markets. November 22 (King World News) – Gerald Celente:  According to Bloomberg, since the beginning of the COVID War, 80 percent of Americans have drained their savings and have less cash than they had before the “pandemic” started.  Not only are the plantation workers of Slavelandia feeling it in their pocket, it’s also hitting th...

Look at who is remaining bullish on gold, silver and commodities as 80% of US households are now in worse shape than they were pre-COVID. Iron Ore Prices Are BoomingNovember 22 (King World News) – Peter Boockvar:  Shifting to China and because it’s influencing the price of iron ore, there is a big push to get unfinished projects, where consumers have already pre-paid for, done. There is a Bloomberg News story that “Chinese developers’ bonds gained along with their shares after authorities began ...

Industry Legends Eric Sprott, Wes Christian, and David Wenger to Join Save Canadian Mining Podcast Organization Announcementvia PRNewsire / Cision, ChicagoFriday, November 17, 2023 TORONTO -- In response to multiple developments around the world and dire actions here at home, Save Canadian Mining is making an urgent appeal.  If you are an investor in any Canadian mining stocks or a Canadian mining executive, you need to join us for this session on Black Friday, November 24, at 10 a.m. ET. Why sh...

If everything is okay with the economy, why is the price of gold surging $22 and back above $2,000, and this indicator collapsing near on the lowest level seen since the 1990s? Smallest Number Since 2010November 21 (King World News) – Peter Boockvar:  Existing home sales in October totaled 3.79mm, about 100k less than expected and assume many of these contracts were signed in the June thru September time frame. That compares with 3.95mm in September and is the smallest number of transactions of ...

Look at what just happened in this country that is hyperinflating. Inflation of 143% gives Libertarianism a try in ArgentinaNovember 20 (King World News) – Peter Boockvar:  There hasn’t been a more destructive economic policy than socialism in wrecking the Venezuelan economy and to a lesser but still dangerous degree on the Argentinian economy that has had to deal with hyperinflation and years of corruption. They reported national CPI last week that was up by 143% y/o/y for October. Well, now we...

7:10p ET Monday, November 20, 2023 Dear Friend of GATA and Gold (and Silver): The weekend edition of Ed Steer's Gold and Silver Digest, published by GATA board member Ed Steer, is headlined "India Imports 60 Million Ounces of Silver in October" and it's posted in the clear at GoldSeek's companion site, SilverSeek, here: https://silverseek.com/article/india-imports-60-million-oz-silver-october CHRIS POWELL, Secretary/TreasurerGold Anti-Trust Action Committee Inc.CPowell@GATA.org ... ADVERTISEMENT...

JavaScript is disabled You need to enable JavaScript to use SoundCloud Show me how to enable it published on 2023-11-20T20:58:55Z In this episode of Monthly Wrap-Up, host Craig Hemke and guest James Turk discuss: The current state of the precious metals industry Analysis of interest rates and their impact Outlook on the economy, inflation, monetary policy and much more! License: all-rights-reserved Popular searches Original linkOriginal author: Sprott Money