A massive commodity supply shock is unfolding, and for those wondering what to do regarding gold, silver, and the mining shares, here are some charts that might help you step back and look at the big picture. But first, a quick note regarding the commodity supply shock. Commodity Supply ShockMarch 3 (King World News) – Peter Boockvar:  The invasion driven commodity supply shock continues with its price shock. After the CRB food index closed at a record high for the 8th trading day in the past 9,...

By Niall McGeeThe Globe and Mail, TorontoThursday, March 3, 2022 Kinross Gold Corp. is suspending its mining operations and all development work in Russia's far east, amid the country's continuing military incursion into Ukraine. Last year Russia accounted for 23% of Kinross' production, and the Kupol mine complex was its most profitable operation, generating US$443-million in income. ... Dispatch continues below ... ... ADVERTISEMENT ... First Majestic Produces Silver and Gold in the United Sta...

We sold off our wheat reserves for cash reserves long ago, which most people will probably soon find lacking in nutritional value… (by Half Dollar) The hate, the hostility and the cognitive dissonance are interesting to say the very least. It’s weird too, kind of like how people believe we, ahhh, nevermind. I just feel that I really need to share this article I wrote in April of 2020, with one of the key points being the US has no real wheat food reserves anymore (bold added for emphasis and com...

If exports from Russia and Ukraine are reduced or cut off, how are we going to replace that output? If you believe that your life will continue on as normal… by Michael Snyder of The Economic Collapse Blog If you believe that your life will continue on as normal because the war between Russia and Ukraine is on the other side of the globe, you should think again.  We were already facing the worst energy crisis since the 1970s before the war broke out, and Russia is one of the most important energ...

Is gold ready to rechallenge its record high this year? Francis Hunt with Patrick V. on Silver Bullion TV We are joined on Metal Money by Francis Hunt, Founder of The Market Sniper, as we review the latest break out from the technical triangle in gold prices. We ask Francis if gold is ready to rechallenge its 2020 record high this year.

A close above $28 constitutes a breakout, and once the silver price is above $30, the next target quickly becomes…  by Craig Hemke via Sprott Money News As anyone who has watched the precious metals for any amount of time will tell you, price rallies on geopolitical concerns rarely hold. The same might be true today. However, do not make the mistake of thinking that the current rally in gold and silver is based solely upon geopolitics. There’s a lot more going on at present, and those drivers wi...

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 BIS is a major gold broker for central banks and owns much gold itself, and the BIS… by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: As Western economic sanctions against Russia over its invasion of Ukraine started to get more serious, your secretary/treasurer sent a question to the press office of the Bank for International Settlements in Switzerland: “Is the BIS freezing or otherwise restricting Russian assets and transactions through the BIS?” ...

On the heels of Western sanctions, will Russia demand payment for nat gas and oil in gold? Meanwhile investors are piling into gold and look at what is on the brink of another major upside breakout. Investors Piling Into GoldMarch 2 (King World News) – Fred Hickey:  Investors really piling into gold ETFs now. 13.4 tons went into the GLD today, 23 tons added over the last 7 trading days. As I’ve shown before (in the newsletter) these are the type of inflows that drive gold higher in bull markets....

The constitution doesn’t need to be interpreted. The government that governs best, governs least… by Peter Schiff of Peter Schiff Podcast Democrats hate the constitution.The constitution doesn’t need to be interpreted.Republics protect the minority from the majority.Founding fathers warned of the evils of democracy.You can’t have liberty in a democracy, but you can in a republic.The constitution was written to protect against democracy.The government that governs best, governs least. FULL SHOW N...

Gold’s next stop should be $2,680, but look at these other surprises. Snapshot Of Where Markets Are HeadedMarch 2 (King World News) – From KWN reader Kevin W:  RSI, MACD, STO’s all beautiful. Next stop for gold is $2,680. Gold’s Next Stop Should Be $2,680 Mining StocksNext stop 300+ XAU Gold Mining Index Set ToDouble From 149 To 300 DowNext stop 26,800 Next Dow Target 26,800 Dow vs GoldNext stop 10:1 Dow/Gold Ratio Will Fall To 10:1 As Gold Outperforms Stocks Never Know What We Will Wake Up ToPe...

Cyber attacks and hacking in this war have only just begun…  by Mac Slavo of SHTFplan Anonymous’ has allegedly taken down several major mainstream media websites in Russia, and replaced the sites’ main pages with the message “stop the war.” The ‘Anonymous’ hacker collective claims to be responsible. The websites of several Russian and Belarusian media outlets were targeted on Monday by hackers, with the main pages being replaced by the message “stop the war”. According to a report by RT, the web...

Another awesome day for the world’s gold community, and if this technical indicator is over, then Bitcoin is set to surge to $200,000 and higher! by Stewart Thomson of Graceland Updates 1.   Another awesome day begins, for the world’s gold community.  2.   For the fiat community, the day begins in a more disturbing way.  It begins with more silly cheerleading for FATCA stormtroopers, more attempts to ignore massive pressures on inflation, and more reckless buying of S&P500 stocks with CAPE r...

Russia could ask for rubles or gold in exchange for energy. If that occurred… Luke Gromen on Palisades Gold Radio Tom welcomes Luke Gromen of Forest for the Trees back to the show. To subscribe to our newsletter and get notified of new shows, please visit http://palisadesradio.ca Luke explains the remaining options available to Russia and why the Chinese may benefit from the situation. We can’t sanction Russia’s energy because our own markets are so interconnected. Russia could ask for rubles or...

10:17p ET Tuesday, March 1, 2022 Dear Friend of GATA and Gold: The gold price, the TF Metals Report's Craig Hemke wrote tonight at Sprott Money, carries more than a "war premium." Additionally, anyone who follows GATA knows that there long has been a massive and uncoverable short position in gold instigated and backstopped by central banks. This short position will be called someday, and when that happens, the monetary metals mining industry will be much more profitable. But even if normal free-...

By Craig HemkeSprott Money, TorontoTuesday, March 1, 2022 As anyone who has watched the precious metals for any amount of time will tell you, price rallies on geopolitical concerns rarely hold. The same might be true today. However, do not make the mistake of thinking that the current rally in gold and silver is based solely upon geopolitics. There's a lot more going on at present, and those drivers will persist regardless of the outcome of the Ukraine crisis. ... Dispatch continues below ... .....

TOPICS:Russia Ukraine War Posted by SRSrocco in Energy, Silver Members, Videos on March 1, 2022 — Comments Off on OIL MARKET UPDATE MAR 1st: European Oil Industry Now In Serious Trouble With the Pandemic Shutdown of the global economy pushing the world closer to the Energy Cliff, the Russian-Ukraine War has now put the European Oil Industry in serious trouble.  As European oil companies cut their ties with Russia, this will negatively impact the European economy more than the market realizes… Th...

On the heels of oil spiking, gold surging $50, and the Dow falling, the bears are out of hibernation, expect higher gas prices at the pump, silver’s bottom now firmly in place, plus negative real US GDP. US Economy Sliding FastMarch 1 (King World News) – Steph Pomboy:  While everyone is understandably focused on the Ukraine situation, it is important to bear in mind (since any weakness will be blamed on that) that the economy here at home was already sliding FAST. Atlanta Fed now at 0% for 1st q...

The coming days will be crucial for… by Arkadiusz Sieron of Sunshine Profits Russia underestimated Ukraine’s fierce defense. Instead of quick conquest, the war is still going on. The same applies to pulling the rope between gold bulls and bears. It was supposed to be a blitzkrieg. The plan was simple: within 72 hours Russian troops were to take control of Kyiv, stage a coup, overthrow the democratically elected Ukrainian authorities, and install a pro-Russian puppet government. Well, the blitzkr...

The world economy, which was already fragile due to roaring inflation and supply chain issues, will now be… by Graham Summers of Gains, Pains, & Capital Russia’s invasion of Ukraine has laid bare all the misguided, naïve policies our “leaders” have foisted upon us in the last 18 months. Among the more foolish policies enacted by U.S. policymakers is the idea that the U.S. should NOT be energy independent but should rely on outside sources for oil. Within days of taking office, President Bide...