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Fed Decision Sends Gold And US Dollar Moving, But Here Are The Big Surprises





Today’s decision by the Fed to raise interest rates three quarters of a point sent gold and the US dollar on the move, but here are the big surprises. November 1 (King World News) – Peter Boockvar:  The first two paragraphs of the FOMC statement were a copy and paste from the September meeting. The big change though came in the following paragraph when the Fed discussed the factors that would influence policy from here: “In determining the pace of future increases in the target range, the Commit...
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Gold & Silver Prices Dumped Then Pumped On Latest Interest Rate Hike, Pivoters Rejoice With Fed Now Focusing On “Lag” Time

Wait for it…Wait for it…Waaaaaaaaaaaaait for it… (by Half Dollar) The Fed has officially just concluded its most recent 2-day FOMC meeting. Here’s the Fed’s statement, posted in its entirety (bold added for emphasis and commentary): Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and ...
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Ambrose Evans-Pritchard: Europe's next debt crisis is only starting, tearing north and south apart

By Ambrose Evans-PritchardThe Telegraph, LondonWednesday, November 2, 2022 The eurozone credit crunch has begun in earnest. Lending conditions across the currency bloc are the tightest since late 2012, when the region was still crippled by the sovereign debt crisis. The European Central Bank's lending survey is a leading indicator of what is to come. Both the supply and demand for credit definitively buckled in the third quarter, even if the eurozone economy eked out a last gasp of legacy growth...
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Dutch central bank governor admits gold revaluation can restore bank's solvency

12:11p ET Wednesday, November 2, 2022 Dear Friend of GATA and Gold: Gold researcher Jan Nieuwenhuijs reports today that the governor of the Netherlands central bank, Klaas Knot, is talking publicly about an upward revaluation of gold to restore the bank's solvency. The central banker's comments might remind you of the gold revaluation speculations of the U.S. economists Paul Brodsky and Lee Quaintance and the Scottish economist Peter Millar, speculations GATA often has called to your attention: ...
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Gold: Strong In November?

Gold could shoot to $1730 very quickly on Fed action, and long-term investors need to focus on the Winter of 2024… by Stewart Thomson of Graceland Updates 1.   November begins on a positive note, with gold and silver on the move. 2.   Please click here now. Double-click to enlarge.  The right shoulder of the inverse H&S bottom pattern was severely tested yesterday, but it survived! 3.   Having said that, it’s still a coin toss as to how tomorrow’s Fed decision plays out, and the next jobs re...
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For Now Bad News Is Good Again

The market is priced for perfection with anything but perfect circumstances… by Peter Schiff of Peter Schiff Podcast · Dow has best October in its history.· Rotation continues from growth to value stocks.· Market is priced for perfection with anything but perfect circumstances.· Inflation will never go back to 2%· Amazon, Apple, and Netflix disappoint investors.· Meta and Alphabet hurt by dried up advertising.· Consumers need to save now and buy later, not buy now and pay later.· Elon Musk buys ...
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NEWMONT GOLD PROFIT MARGIN FELL TO A LOW Q3 2022: Newmont Negatively Impacted By High Costs & Bleeds Cash To Pay Dividends












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 ...
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Celente Just Issued 3 Major Forecasts Ahead Of The Fed Decision




Today Gerald Celente issued 3 major forecasts ahead of the Fed decision. November 1 (King World News) – Gerald Celente:  There was no October surprise on the equity market front, in fact, quite the opposite.  Despite soaring inflation, rising recession fears, intensifying Ukraine War, job layoffs, home sales slumping, mortgage and interest rates rising, a mixed third-quarter earnings season and slow growth warnings from companies such as the Amazon giant—which accounts for nearly 40 percent of t...
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The Economy Is a Mess: What Lessons Will We Learn?

What should be recognized as a warning flag of major trouble is often ignored until things get so bad that… by Gary Galles via Mises It is relatively common that what should be recognized as a warning flag of major trouble is often ignored until things get so bad that it is almost impossible not to notice (unless one is mightily determined not to see them). Leonard Read channeled such thoughts about the damage public policy has caused Americans. He even went so far as to say “Thank God for the M...
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Gold’s Usual Winter Rally Should Roar Back, Gold Stocks Rally Potential Dependent On Gold’s Fortunes



The better gold performs between now and February, the greater the upside for… by Adam Hamilton of Zeal LLC The gold miners’ stocks have been battered over this past half-year, bludgeoned relentlessly lower with gold.  Heavy gold-futures selling fueled by the US dollar shooting parabolic in a mania has slammed the yellow metal.  Gold’s normal seasonal trends have been overpowered by speculators’ leveraged gold-futures dumping.  But with their selling capital firepower exhausted, gold’s usual win...
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Controlled Collapse Of The Power Grid! Fuel Shortage Worsens As Globalists Push Crazy Policies

This is a planned collapse to force us all into the Great Reset, and if people aren’t prepared, their compliance… by Josh Sigurdson via World Alternative Media Josh Sigurdson reports on the controlled collapse of the energy sector worldwide as globalist greenies continue to push absurd climate policies while at the same time we see a dramatic shortage of fuel that’s only getting worse. Of course, that fuel is used not just for keeping homes and businesses sustainable, but also to ship food and g...
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Gold Demand Is Skyrocketing, Plus China Ending Lockdowns?





Gold demand is skyrocketing, plus China ending lockdowns? China Fully Reopening?November 1 (King World News) – Peter Boockvar:  Considering the extraordinary amount of economic pain and human suffering to China’s Covid policy, it’s not surprising to see a robust response to the possibility that China is exploring steps to fully reopen and that a committee was being formed, according to rumors on social media. China’s foreign ministry spokesman however said “I’m not aware of the situation you men...
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USA Gold's 'News & Views' letter for November

10:27a ET Tuesday, November 1, 2022 Dear Friend of GATA and Gold: USA Gold's "News & Views" letter for November, published today, has excerpts from 15 analysts commenting on gold, currencies, and the economy. The letter is headlined "Steady Wins the Race" and it's posted in the clear at USA Gold here: https://www.usagold.com/nv1047nov2022/ CHRIS POWELL, Secretary/TreasurerGold Anti-Trust Action Committee Inc.CPowell@GATA.org ... ADVERTISEMENT ... Storage and Withdrawal of Gold with Bullion S...
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Fed’s Pivot is Inevitable




Gold & silver are looking good, and when they take off, they’re likely to be unobtainable… by David Brady via Sprott Money In last week’s article entitled “Fed Pauses / Pivots”, I cited Nick Timiraos’ article in the Wall Street Journal “Fed Set to Raise Rates by 0.75 Point and Debate Size of Future Hikes.” In it, he suggested that the Fed was going to consider reducing its rate hikes going forward. Fast forward to today, and the Bank of Canada surprised everyone with a smaller rate hike than...
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A Fed Meet & Gold Stocks








When to buy? by Morris Hubbartt  Super Force Signals A Leading Market Timing Service We Take Every Trade Ourselves! Email: trading@superforcesignals.com trading@superforce60.com Here are today’s videos and charts. The videos are viewable on mobile phones as well as computers. Double-click to enlarge the charts. SGS Key Charts, Signals, & Video Analysis Super Force Signals (SFS) is being rebranded as Super Gold Signals (SGS at https://supergoldsignals.com), to reflect the growing global impor...
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Who are the mystery buyers responsible for central bank gold boom?

By Eddie SpenceBloomberg NewsMonday, October 31, 2022 Central banks bought a record amount of gold last quarter as they diversified foreign-currency reserves, with a large chunk of the purchases coming from as yet unknown buyers. Almost 400 tons were scooped up by central banks in the third quarter, more than quadruple the amount a year earlier, according to the World Gold Council. That takes the total so far this year to the highest since 1967, when the dollar was still backed by the metal. ......
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Record central bank buying lifts global gold demand, gold council says

By Peter HobsonReutersTuesday, November 1, 2022 LONDON -- Central banks bought a record 399 tonnes of gold worth around $20 billion in the third quarter of 2022, helping to lift global demand for the metal, the World Gold Council said today. Demand for gold was also strong from jewellers and buyers of gold bars and coins, the gold council said in its latest quarterly report, but exchange traded funds storing bullion for investors shrank. ... Dispatch continues below ... ... ADVERTISEMENT ... Fir...
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Pure Gold shareholders face wipeout after junior fails at Red Lake mine

By Niall McGeeGlobe and Mail, TorontoMonday, October 31, 2022 https://www.theglobeandmail.com/business/article-pure-gold-files-for-creditor-protection-after-failing-to-turn-around/ Pure Gold Mining Inc. PGM-X shareholders face losing their entire investment with the junior miner filing for creditor protection after it failed to turn around its gold project in the notoriously hard-to-mine Red Lake district of Northern Ontario. Last year Vancouver-based Pure Gold ran into trouble when it encounter...
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CAUTION BEARS: This Just Hit The 2nd Highest Reading In History!











At the recent low in the stock market King World News put out a series of contrarian alerts noting the stock market would surge higher. For the bears, those cautionary warning remain in place… October 31 (King World News) – Jason Goepfert at SentimenTrader:  Industrial stocks enjoy a historic breadth surge. Key points: Industrial stocks have enjoyed a historic surge, with the McClellan Oscillator among the highest levels everSimilar readings in the indicator over the past 60 years preceded solid...
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Robert Lambourne: BIS gold swaps stay very low for second month

By Robert LambourneMonday, October 31, 2022 The recently released September statement of account of the Bank for International Settlements -- https://www.bis.org/banking/balsheet/statofacc220930.pdf -- shows little change in the bank's use of gold swaps for the second month running. The gold swaps outstanding at September 30 are estimated to be 57 tonnes versus 75 tonnes and 56 tonnes as of August 31 and July 29, respectively. This recent level is much reduced from the level of swaps at June 30,...
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