Submitted by cpowell on Tue, 2020-11-17 16:38. Section:11:40a ET Tuesday, November 17, 2020Dear Friend of GATA and Gold:With gold and silver rebounding strongly from their latest smashdown inspired by the U.S. government, you might be getting the impression that the monetary metals are going to have the last laugh on infinite government money and that mining company profit margins, already getting strong, will get stronger.In that case you might want to take a look at The Calandra Report, the ma...

If history is any indicator, then patterns tend to repeat, and gold is no exception. Bearish signs continue to point at gold being poised for a decline…by Przemyslaw Radomski via Sunshine ProfitsIf history is any indicator, then patterns tend to repeat themselves and gold is no exception. The patterns emerging now are retracing events which followed in the wake of the 2016 presidential elections. As it’s taking a breather, bearish signs continue to point at gold being poised for a decline.Overal...

With the US dollar continuing to struggle, here are more bullish catalysts for the gold and silver markets.November 17 (King World News) – Peter Boockvar:  We talk a lot about the euro heavy dollar index (euro is about half the index) when measuring the direction of the US dollar, which today is a hair away from the weakest level since April 2018.But, there has also been clear dollar weakness specifically against Asian currencies where today the Bloomberg JPMorgan Asia Dollar Index is rising (st...

This promises to be a holiday season like no other… by Daisy Luther of The Organic PrepperThis promises to be a holiday season like no other in our memory, what with the hotly contested election, a new series of lockdowns and restrictions, and another wave of COVID-19 taking over the mainstream media headlines.With Thanksgiving quickly approaching, the Centers for Disease Control, individual states, and a handful of universities seem to be competing for the most “thorough” advice on how families...

The case for $2,800 gold, from a technical analysis point-of-view…Gareth Soloway interviewed by Patrick V. via SBTVWe are joined on Metal Money by Gareth Soloway, President & CFO of InTheMoneyStocks.com. Don’t miss Gareth’s compelling analysis of how gold is repeating past price patterns and the case for $2,800 gold in the short-term.

Now that the bubble has burst, the hope is that removing the pin will magically restore the burst bubble. Sorry, it doesn’t work that way… by Charles Hugh Smith via Of Two MindsNow that the bubble has burst, the hope is that removing the pin will magically restore the burst bubble. Sorry, it doesn’t work that way.Here’s the fantasy: if we stop the shutdowns, the economy will naturally bounce back to its oh-so wunnerful perfection of Q3 2019. This is a double-dose of magical thinking and denial. ...

It’s even more remarkable to think of the silver suddenly coming into the world’s ETF and COMEX warehouse inventories in little more than 4 months…by Ted Butler of Butler Research via Silver SeekI’m already on record as declaring 2020 as the most significant year ever for silver. Considering all that has transpired this year throughout the country and the world that may not be saying much. After all, you would have to have lived on a different planet to argue otherwise. So let me get a lot more ...

Sector expert Michael Ballanger offers his take on the state of the markets as 2020 comes to a close.Visit the aureport.com for more information and for a free newsletter Original link

“I hope Trump wins because…he’s our last defense against some of these people, and that’s why they have been trying to steal this election…”Martin Armstrong interviewed on USA Watchdog by Greg HunterLegendary financial and geopolitical cycle analyst Martin Armstrong said his computers picked up massive fraud coming in the 2020 Election years ago. Armstrong explains, “The computer doesn’t ask my opinion, or anybody else’s, it just goes on the numbers from the economic data. It’s never been wrong....

Gold remains hated and is still on the fringe, but that makes it an excellent opportunity since the…John Hathaway interviewed on Palisade RadioJohn discusses traditional portfolio weightings and why they no longer work. Bonds today are return-free risk, which opens the door for gold since something has to replace bonds. Some large pension fund advisors are considering gold as a risk mitigator.He discusses the supply of debt and why interest rates have to remain at these levels. Debt to G.D.P. co...

Haven’t they taken enough away from us already?by Michael Snyder of The Economic Collapse BlogHaven’t they taken enough away from us already?  The deeply oppressive lockdowns that were instituted earlier this year plunged us into the worst economic downturn since the Great Depression of the 1930s, caused the cancellation of thousands upon thousands of important events, and sent the suicide rate absolutely skyrocketing.  Once those lockdowns were lifted the American people were greatly relieved, ...

Submitted by cpowell on Tue, 2020-11-17 01:58. Section:9:09p ET Monday, November 16, 2020Dear Friend of GATA and Gold:Silver market analyst Ted Butler marvels today at how 20% of the world's known thousand-ounce silver bars managed to move this year into the inventories of silver exchange-traded funds and Comex vaults without exploding the metal's price.Butler dismisses the possibility that the inventory data is fraudulent or misleading, though there's no denying that central bank gold inventory...

This new phase of precious metals appreciation will last until 2028 or so, very likely driving metals prices much higher to…by Chris Vermeulen of The Technical TradersIn Part I of this research article I highlighted the incredible rally in Gold related to a 2020 Anchor point and how that rally in Gold compared to the QQQ and SPY.  In this second Part I am going to highlight the price appreciation in the QQQ and SPY in comparison to Gold since 2009.  It is important to understand how the equities...

This is what to expect from gold and mining stocks after last week’s $100 plunge and it may surprise you.What’s Next After $100 Gold PlungeNovember 16 (King World News) – Here is a portion of an extremely important report in the aftermath of last week’s $100 takedown in the gold market from Jason Goepfert at SentimenTrader:  Gold stocks have been looked at as a potential safe haven this year, even though their record on that score is mixed at best. Even so, investors saw no need for them this we...

Submitted by cpowell on Tue, 2020-11-17 00:05. Section:By Thomas BiesheuvelBloomberg NewsMonday, November 16, 2020Endeavour Mining Corp., the acquisitive gold producer backed by Egyptian billionaire Naguib Sawiris, agreed to buy Teranga Gold Corp. in the latest deal to reshape the sector.After Barrick Gold Corp. and Newmont Corp. created behemoths two years ago that dwarf the rest of the industry, other gold miners are trying to consolidate to remain relevant to shareholders. Helped by record go...

If the ruling class believes they can get away with putting everyone on house arrest so they can conceal and cement their plans for… by Mac Slavo of SHTFplanDr. Anthony Fauci, the medical tyrant, is trying to force people to comply with his authoritarian psychotic rules to stop the alleged rise in cases of COVID-19. Fauci said that “now is the time to do what you’re told.”If there was ever a way to get free people to push back, it’s to use rhetoric such as that. Fauci can pound sand. And he’s up...

Today, central bank shepherds are leading the vast majority of investors over a currency cliff. This is easy to predict, despite the fact that most…by Matt Piepenburg via Gold SwitzerlandThis week’s article is by Matt Piepenburg – Commercial Director of MAM. (Link CV)Crowds, like sheep, are only as safe as the shepherds who guide them.If the shepherd is mad, so too is the crowd.Today, central bank shepherds are leading the vast majority of investors over a currency cliff. This is easy to predict...

TOPICS:Gold Price 2021U.S. Dollar IndexPosted by SRSrocco in Precious Metals, Silver Members on November 16, 2020 — 1 commentSeveral bank analysts predict a substantial decline in the U.S. Dollar Index next year, which is very positive for the gold price.  If we consider where the gold price is currently trading and factor in the decline in the U.S. Dollar Index next year, we could see another big...Related ArticlesOriginal link

Nearly everything we’ve seen so far, including the economic, social, and political turmoil, has been a dress rehearsal for what’s coming…by Financial Argument via Financial ArgumentEverything will either get worse or much worse. The ship’s already started taking on water and it’s sinking. Also, We haven’t yet faced the final financial boss of 2020.Trillions of dollars from the Fed wouldn’t be enough to cover the gaping holes, even if it cared about the ship sinking!Honestly, it doesn’t really ma...

The Comeuppance’s are coming to both politics and precious metals, maybe at the same time too…by  J. Johnson via JS MinesetGreat and Wonderful Monday Morning Folks,      What a night and early morning of movement we’ve had already, with Gold now trading at $1,872, down $14.10 and recovering from a low at $1,861.50 with the Sunday evening high up at $1,898. Silver is down 34.5 cents with the last trade at $24.443, recovering from the London dip, at $24.26 with the Sunday evening high at $25.155. ...