On the heels of the brutal takedown in the metals markets, investors need to understand this simple truth about today’s takedown in the gold and silver markets.Gold & Silver TakedownSeptember 23 (King World News) – Alasdair Macleod:  Eric, I welcome the smash-down in gold and silver because it is probably the last opportunity for ordinary people to acquire more real money cheaply before paper currencies increasingly lose purchasing power and move towards a final collapse, which is increasing...

After a bout of inflation and “socialism-light”, we could end up with even more extreme inequality when the whole rotten structure collapses... by Charles Hugh Smith via Of Two MindsAfter a bout of inflation and “socialism-light”, we could end up with even more extreme inequality when the whole rotten structure collapses.Imagine owning a Buffett-Bezos fortune of bilious billions, or even 10% of these mega-fortunes, i.e. between $5 billion and $20 billion. Heck, imagine owning 1% of these mega-fo...

Submitted by cpowell on Wed, 2020-09-23 15:52. Section:By Justin HarperBritish Broadcasting Corp., LondonWednesday, September 23, 2020Last month the price of gold hit a record high, pushing above $2,000 (£1,575) an ounce.While this price rise was driven by gold traders, it begs the question about the supply of the precious metal, and when it will eventually run out.Gold is in hot demand as an investment, a status symbol, and a key component in many electronic products.... Dispatch continues belo...

Submitted by cpowell on Wed, 2020-09-23 15:43. Section:11:40a ET Wednesday, September 23, 2020Dear Friend of GATA and Gold:The TF Metals Report's Craig Hemke, writing at Sprott Money, says the price patterns for gold and silver this year are looking like those for last year, and renewal of the metals rally may be expected by November, coinciding with the U.S. presidential election.... Dispatch continues below ...ADVERTISEMENTStorage and Withdrawal of Gold with Bullion Star in SingaporeBullion St...

With the recent price action in the silver market, investors are once again concerned about the future prospects of the shiny metal.  So, I thought it would be a good idea to provide an update on what I label as "The Long & Short of the Silver Market."  Unfortunately, we...Original link

There’s a flash sale on silver right now, but it won’t last long! Here’s why…(by Half Dollar) This is live on SD Bullion’s website. I wrote it this morning, and I’d like to share it here because I think it matters.Please excuse the fact that it’s not copy-paste but rather a screen grab, because the AI Algos don’t really like us, you know:Some charts for good measure:Oh geez, it’s so scary-scary!Here’s a look at the brutal beatdown:You better hurry up and sell all that stack before it drops to $8...

Business closures across the U.S. are increasing…by Jason Burack of Wall St For Main StWhile asset prices re still doing well, Yelp recently released its newest Economic Impact Report revealing business closures across the U.S. are increasing a lot as a result of the pandemic.Yelp data shows 60% of business closures due to the coronavirus pandemic are now permanent.Maryland Approves Minimum Wage Increase to $15 an HourFULL SHOW NOTES AND LINKS HERECommit to tipping us monthly for our hard work c...

On the heels of the price of gold breaking decisively below $1,900 and silver tumbling toward the $23 level, here is a look at weighing on gold, gold and silver price objectives, plus don’t worry, silver bull just getting started.Weighing On GoldSeptember 23 (King World News) – Lawrence McDonald, Former Head of Macro Strategy Société Générale:  “Pushing US Dollar Index higher – with a 1.26 handle the UK Pound is now lowest level since July on Pandemic and Brexit uncertainty, trading below its 20...

The pullback has been quite orderly…by Stewart Thomson of Graceland UpdatesSep 22, 2020   1.   As gold rallied into the $2000 round number resistance area, I asked investors to prepare for a pullback to my key buy zone at $1788.2.   Please click here now.  Double-click to enlarge this daily gold chart.  The pullback has been quite orderly.3.   There is modest support at $1875 and yesterday gold declined to that area for the second time since rising to $2089 in early August.4.   Check out this we...

In 41 days we are going to know if Americans can be brainwashed by the presstitutes into seeing Trump’s reelection as a coup against democracy…by Paul Craig Roberts via PaulCraigRoberts.orgTrump’s Likely November Reelection Is Already Discredited as a Coup Against DemocracyPaul Craig RobertsOn September 8, I provided a link to the Democrats’ Transition Integrity Project (TIP) launched “out of concern that the Trump Administration may seek to manipulate, ignore, undermine or disrupt the 2020 pres...

Another year-end rally is pending, and we are very likely to see prices back near $2050 and $30 by New Year’s Eve... by Craig Hemke via Sprott Money NewsWhile the COMEX digital metals remain in pullback and consolidation mode, the price action may seem eerily similar to some in the sector. Why? Because it IS similar…at least when compared to 2019.Let’s start with a look back.As 2018 came to an end, the situation continued to look bleak for the precious metals. Prices for gold and silver had been...

International Montoro Resources, with multiple properties and a low enterprise value compared to peers, is "too cheap to ignore," according to Peter Epstein of Epstein Research.Visit the aureport.com for more information and for a free newsletter Original link

Banks continue to launder money despite government efforts…by Franz Walker via Natural News(Natural News) Large global banks such as JPMorgan Chase, HSBC and others have, according to secret U.S. government documents, defied money laundering crackdowns by continuing to move staggering sums of cash for criminal networks and shadowy characters that have undermined democracy and spread chaos around the globe.According to the documents from the Financial Crimes Enforcement Network (FinCEN), five glo...

Is there something sinister going on in the stock market?Rotation Or Something More Sinister?September 22 (King World News) – Liz Ann Sonders, Chief Investment Strategist at Charles Schwab:  As of this writing, it’s a rough start to the week for U.S. equities. Major indices attempted to find more stable ground last week, but volatility risks persist and the bears are winning the latest round. Policy risks abound—not just election-related, but both monetary and fiscal policy as well. There is lit...

The Fed’s ‘leadership’ of our economy will end in tears…David Stockman with Adam Taggart on Peak ProsperityWhen asked what the biggest risks facing the economy are, David Stockman, lifelong Capital Hill and Wall Street insider, says “That’s easy. There are three: The Fed, The Fed and the Fed.”After decades of misguided policy and chronically missing its targets, Stockman thinks the Federal Reserve is truly barreling off the rails now, hurtling our market economy towards disaster.He notes that si...

Everything is changing and that includes the slamming of the precious metals price…submitted by J. Johnson via JS MinesetGreat and Wonderful First Day of Fall Folks,      Gold is still in the playoffs after yesterday’s central bankers temper tantrum with the December contract now at $1,912.10, up $1.50 after hitting a high of $1,925.50, which happened much earlier last night with the low during London’s time at $1,898.90. The Red Headed step child – Silver – took the bigger beating, and is now t...

Any ‘normal’ American (i.e. not a sitting politician) would probably end up on a watch list if they had broadcast that same message…by Simon Black of Sovereign Man“I’m not here to poo poo you,” Congresswoman Alexandria Ocasio-Cortez told 4.8 million followers on a live Instagram broadcast over the weekend.“I’m not here to say you’re wrong. Or that you’re a bad person. . . I’m not here to shame you.”She was talking, of course, to people who aren’t particularly fired up about voting for Joe Biden....

The IMPLICATIONS for Gold & Silver are VERY BEARISH…by Przemyslaw Radomski via Sunshine ProfitsGold, silver, and mining stocks plunged yesterday as a response to USD’s breakout. For several times, we wrote that PMs tend to react to breakouts and breakdowns in the USDX more than they do compared to other moves in the index, and yesterday’s action served as the perfect confirmation for it.The USD Index moved clearly and significantly above the declining resistance line. The three consecutive d...

It does not make money and it never will unless it charges a much higher price for the vehicles it sells, in which case its sales volume will…by Dave Kranzler of Investment Research DynamicsCVNA’s valuation vs competitors like CarMax (KMX), Autonation (AN) etc is completely irrational. I was a CEO of a subprime company in this space. CVNA’s valuation is a crime of capitalism.” – @beaconstagezeroErnest Garcia II was convicted on felony charges in connection with his involvement in the Charles Kea...

 /  Silver  /  Silver News  /  Trend In Silver Has Changed: Smart Money Selling Rallies, Dumb Money Buying DipsSeptember 22, 2020 163Tags: dumb money, Gary Savage, silver, smart money, technical analysis, when will silver go up, why is silver going down