As we continue to kickoff trading in the month of October, look at what just hit the highest level in history! Plus a look at gold, fear & greed and inflation. Inflation & GoldOctober 6 (King World News) – Graddhy out of Sweden:  Central banks claim they “fight” inflation, though they own both accelerator (QE) & brakes (rates, QT)… Plus, there is a synced inflation target of 2%, debt ceilings are just raised, CPI definitions are changed. But, the chart below is really all one needs t...

If anyone is looking for it, here are more signs the economy is tanking. More Signs The Economy Is TankingOctober 5 (King World News) – Gerald Celente:  JetBlue Airways reported a downturn in U.S. domestic travel in August, while low-fare Spirit Airlines has issued a profit warning and has resorted to “deep discounting” to spur ticket sales. Travel to Europe has remained strong, encouraging airlines on the continent to believe that post-COVID travel demand will continue unabated, the Financial T...

By Pam and Russ MartensWall Street on ParadeThursday, October 5, 2023 As evidenced by the speech that the chairman of the Federal Deposit Insurance Corp., Martin Gruenberg, delivered at a conference yesterday, the FDIC is very much aware that both the level of uninsured deposits and the concentration of those uninsured deposits among a handful of mega banks is a serious problem for the U.S. banking system.  Gruenberg didn't name names, but we will do that in this article. ... Dispatch continues ...

By Alasdair MacleodHead of Research, GoldMoney, Torontovia Schiff Gold, White Plains, New YorkThursday, October 5, 2023 This article looks at the collateral side of financial transactions and some significant problems that are already emerging. At a time when there is a veritable tsunami of dollar credit in foreign hands overhanging markets, it is obvious that continually falling bond prices will ensure bear markets in all financial asset values leading to dollar liquidation. This unwinding corr...

As King World News continues to focus on the big picture during this period of ongoing volatility in the gold and silver markets, if you are worried about the action in the precious metals, take a look at this… Big Picture: Bonds & GoldOctober 5 (King World News) – Graddhy out of Sweden:  Downturn should be close. Yesterday it put in a bearish reversal on daily after a very stretched upmove, plus also has 3 drives up with negative divergence. US Yields Close To Major Top? HUGE implications, ...

Posted by SRSrocco in Economy, Energy, EROI, Mining, News, Precious Metals, Silver Members, Videos on October 4, 2023 — Comments Off on SILVER SYMPOSIUM PRESENTATION: The Energy Cliff & Move From Building Wealth To Protecting Wealth Here is my Silver Symposium presentation for SRSrocco Report members.  Interestingly, while I presented this information to the attendees, another LIGHT-BULB went off in my head.  It is very IMPORTANT that you all watch this presentation because I also believe it...

By Subhadip Sircar and Swati PandeyBloomberg NewsWednesday, October 4, 2023 The dollar's recent rally has been relentless. But Asia's central banks have the firepower to limit the fallout. Policy makers in the region have more than $5.5 trillion of foreign-exchange reserves that they can deploy to shore up their currencies, according to calculations by TD Securities, using data compiled by Bloomberg. The stockpile reached a record high of $5.9 trillion in 2021. ... Dispatch continues below ... ....

As we continue trading in what may very well be an October to remember, the situation today is “many multiples more catastrophic” than the collapse that shocked the world in 2008. The System Is On The Cusp Of Locking Up, Again!October 4 (King World News) – Gregory Mannarino, writing for the Trends Journal:  If you were to ask the average person “what happened during the 2007-2008 Stock Market Crash/Financial crisis?” What caused it? You may hear answers like; “it was brought on by banks who were...

By Jon SindreuThe Wall Street JournalWednesday, October 4, 2023 Many central banks and governments want to kick their dollar addiction. They aren't getting very far -- except when forced. The percentage of official foreign-exchange reserves allocated to U.S. dollars globally was 58.9% in the second quarter of the year, figures published a few days ago by the International Monetary Fund show, broadly unchanged from the 25-year-low first reached in the fourth quarter of 2020. ... Dispatch continue...

Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, warned King World News that round 2 of the global banking crisis is being unleashed, and gold will move violently higher in response. Global Banking Crisis Round 2 Being UnleashedOctober 4 (King World News) – Michael Oliver:  Happy S&P 500 but watch the big banks?! Ugh. Citigroup’s monthly close (last week) was a new low monthly close going back to early 2016! Hmm. Goldman S...

Today the man who is connected in China at the highest levels predicted that, despite continued shenanigans in the paper market, the price of gold will surge $360 by the end of the year. October 3 (King World News) – John Ing:  In many ways investors should look to the past for lessons. The eighties, seventies or fifties? No, they should look to the “biblical past”. First came wars, followed by food shortages, then a pandemic, then fires and floods. What’s next? Kingdom against kingdom? Today we...

Posted by SRSrocco in Economy, News, Silver Members, Videos on October 3, 2023 — Comments Off on CEASARS ENTERTAINMENT: Massive Interest Expense Killing Company Profits Just when I thought it would be hard to shock me again, after everything I have seen, wait until you see the details behind the Financial Disaster called “CEASARS Entertainment.”  I decided to look into Ceasars Palace after the humor in trying to get a Free Cup of Coffee in my hotel room, LOL… This content is for Corporate Member...

By Jan NieuwenhuijsGainesville Coins, Lutz, FloridaTuesday, October 3, 2023 Despite the gold price declining for several months, its performance is extremely strong considering sharply rising real interest rates. To measure gold’s performance against real rates (TIPS yield) I’m introducing the “Gold Price–TIPS Model Tracker” to improve our understanding of how the gold price is set and its future potential. ... Dispatch continues below ... ... ADVERTISEMENT ... Protect Against Inflation with Kin...

More bad news as we continue to kickoff trading in what could turn into an October to remember. The situation is becoming catastrophic for tapped out consumers as the crisis has gone from bad to worse. Banks Still TighteningOctober 3 (King World News) – Peter Boockvar:  As a follow up to the Dallas Banking Conditions Survey seen yesterday, out last Friday saw C&I loans for the week ended 9/20 fall by $2.2b to a hair above the lowest level in a year.  Auto Loans Continue To TumbleAuto loans o...

As we continue to kickoff trading in the month of October, this global ticking time bomb is about to be unleashed which could make this October one to remember. October 2 (King World News) – Gerald Celente:  The amount of money owed by governments, businesses, households, and individuals grew by $10 trillion in this year’s first half to a record $307 trillion, the Institute of International Finance (IIF) said in a 19 September report. France, Japan, the U.K., and the U.S. led borrowing increases...

Posted by SRSrocco in Economy, Energy, News, Precious Metals, Silver Members, Videos on October 2, 2023 — Comments Off on WHAT HAPPENED AT THE SILVER SYMPOSIUM: And I Answer Questions & Comments From Last Two SRSrocco Posts What an “Interesting” time at the 2023 Silver Symposium.  In this update, I will share my experience as an attendee and speaker and answer questions and comments from the last two SRSrocco Report posts.  And, what about the big selloff in the precious metals prices today…...

JavaScript is disabled You need to enable JavaScript to use SoundCloud Show me how to enable it published on 2023-10-02T17:04:54Z In this episode of "Monthly Wrap Up" hosted by Craig Hemke, guest Rick Rule discusses the events of September and the broader economic landscape. They touch on the recent Fed decisions, potential impacts of higher interest rates, the state of the U.S. economy, and inflation. Rick Rule emphasizes the importance of a long-term investment perspective, particularly regard...

By Pam and Russ MartensWall Street on ParadeMonday, October 2, 2023 In the eyes of Wall Street veterans who are paying close attention to what's going down at the mega banks on Wall Street, federal regulators are making the crime wave at these banks worse, not better. The federal fines for egregious behavior at these banks are getting smaller and more meaningless by the day. Take what happened on Friday. The Commodity Futures Trading Commission fined three of the largest trading houses on Wall S...

As we kickoff trading in what could be a very wild month of October, global markets are still nervous as the US Government shutdown looms. Plus “Rent (still) too damn high.” Global Markets Still Nervous Because Of Interest RatesOctober 2 (King World News) – Art Cashin, Head of Floor Operations at UBS:  Overnight, global equity markets are relatively quiet due to a variety of holidays. Hong Kong and Mainland China are closed for Golden Week and will be so for several days. India, on the other han...

King World News will continue to focus on the big picture during this period of orchestrated volatility in the gold and silver markets. With that in mind, here is an important update on gold, commodities and inflation. Gold vs CommoditiesOctober 2 (King World News) – Graddhy out of Sweden:  This ratio chart is VERY bullish for gold. Gold To Surge More Aggressively vs Commodities Called the commodities bear market low back in 2020. Commodities are in a secular bull and both commodity indexes, $CR...