Gold & silver spiked the moment the statement hit the tape. Here’s a post-FOMC update and a live-stream of Fed Head Powell’s press conference…It’s kind of funny that chat is disabled during the live stream of the conference. The Fed’s signal that it will keep interest rates on hold for the full year reflects concerns that economic growth is slowing, lower energy prices are weighing on inflation and risks from abroad are dimming the outlook. The projections go further than the one-hike foreca...

One European analyst just warned the gold price is set to surge as a day of reckoning is rapidly approaching for central banks. Fed & ECB vs. BoJ Balance Sheet in % of GDPBy Ronald-Peter Stoeferle, Incrementum AG LiechtensteinMarch 20 (King World News) – The balance sheet of the Federal Reserve measured in % of US GDP is slowly decreasing due to QT. We could observe a similar process in Japan some years ago, before the monetary expansion took off and the balance sheet of the BoJ increased tr...

A hedge fund that saw gains of 41% in 2018 has turned bearish on the stock market, and the fund has gone long gold. Here are the details… It is no longer just a few big name, legendary investors like Ray Dalio who are buying gold. Lesser known hedge funds are also making a move into gold. In fact, a top performing hedge fund in 2018 is betting big on the “trade of the century”. Here’s more from Bloomberg: One of last year’s best-performing hedge funds says the “trade of the century” is to buy go...

SD Midweek Update: March 2019 FOMC-day’s arrived, and the Fed performs a brand new circus act today. Here’s what it means for gold, silver, and more…   Mmm. Delicious. So yummy-good. Buttered-n-salted popcorn Not salted-n-buttered, of course. Why would you want the salt to not stick? Either way, the Fed’s behind the concession stands. Which means it’ll be some burnt, nasty, & kernel-ridden crap. But you buy it, take your seat, sit down, eat it and like it. Whether you like it or not, ’cause...

The interventionist program was a massive policy failure for several very predictable reasons… President Obama’s Car Allowance Rebate System (CARS), more popularly known as “Cash for Clunkers,” is now a decade old. For those with short memories or those utilizing the healthy defense mechanism of repression, CARS, enacted by Congress in the summer of 2009, was a Keynesian-inspired stimulus package consisting of a $3,500 or $4,500 subsidy to those willing to part with their inefficient used vehicl...

 The Wall Street Journal reported the Administration had decided to keep 1,000 US military personnel stationed (illegally) in Syria. Ron Paul discusses… by Ron Paul of Ron Paul Institute Over the weekend the Wall Street Journal reported that the Trump Administration had decided to keep 1,000 US military personnel stationed (illegally) in Syria, even though just three months ago the president said he would be bringing home all US troops in the country. That was followed by an announcement that 20...

By Bill KingThe King ReportM. Ramsey King Securities, Burr Ridge, IllinoisWednesday, March 20, 2019 https://mramseyking.com/king-report Once again someone juiced E-Mini S&P Index futures (ESMs) during early European trading Tuesday. The manipulation of ESMs during the wee hours in the U.S. creates the psychology that induces other traders, particularly the momentum investors, to get long for the coming session. There is a long pattern going back to the 1990s of overnight manipulation of S&am...

9:34a ICT Wednesday, March 20, 2019 Dear Friend of GATA and Gold: Hugo Salinas Price of the Mexican Civic Association for Silver forecasts this week the future of the U.S. dollar by reviewing its history of steady devaluation. Salinas Price writes: "The Federal Reserve is in box. It has boxed itself into an insoluble problem. It cannot stop creating more credit, expanding its balance sheet, no matter what Jerome Powell, chairman of the Fed, may say he is doing or going to do. To stop creating m...

U.S. Sanctions Venezuela's Government-Owned Gold-Mining Company for Backing Maduro By Lesley Wroughton, Susan Heavey, and Doina ChiacuReutersTuesday, March 19, 2019 WASHINGTON -- The United States imposed sanctions on Tuesday against Venezuela's state-run gold mining company Minerven and its president, Adrian Perdomo, accusing them of illicit operations and propping up the government of President Nicolas Maduro. The announcement comes days after Uganda said it was investigating its biggest gold ...

“As 2019 unfolds, you’ll need to monitor the obvious breakout levels for both metals. For COMEX gold, price has…” by Craig Hemke of Sprott Money News This week brings another FOMC meeting, with discussions of interest rates, balance sheets, and the economy. How will this impact the precious metals? While most of the media attention this week will be on Chairman Powell and what he states during his press conference on Wednesday, it will be vital to remember the long game as you watch gold and sil...