Where there is ANGER, there is always FEAR…

Is this why the gold market is trading higher today and closing in on a breakout? Parallels Between 1970s and 2000s Are AstoundingBy Ronald-Peter Stoeferle, Incrementum AG LiechtensteinJune 12 (King World News) – Below is an outstanding piece from Ronald-Peter Stoeferle about what is going to unfold in the commodity, gold and silver markets: “Although there is no explicit reason why a commodity bear market bottom should coincide with a speculative stock market top, the fact remains that it happe...

By James DaceyPhysics World, Bristol, England, UKWednesday, June 12, 2019 The ancient Egyptians believed that their gods had shimmering skin made from gold. The Aztec word for gold, "teocuitlatl," literally translates as “excrement of the gods.” From ancient Rome to the California gold rush, this dense shimmering metal has been immutably connected with divine quality and the sense of opportunity. The reason for this is simple: gold is the most special element of them all. ... Dispatch continues...

11:45a ET Wednesday, June 12, 2019 Dear Friend of GATA and Gold: In a nine-minute video posted this week at YouTube, Hugo Salinas Price of the Mexican Civic Association for Silver argues that President Trump, by imposing or threatening to impose tariffs on the world, including his country's own allies, is destroying the U.S. dollar's function as the world reserve currency, from which the United States draws most of its international power and influence. Because of the dollar's function as the wo...

The Gold Silver Ratio is now reaching levels near 90, or as high as nearly 26 years ago. Lost on many market observers is the +6 year divergence from silver values versus the US stock market. by SDBullion Blog The new 2019 ‘In Gold We Trust Report’ just went live and downloadable. A now 13-year running annual report on gold and financial markets has become a must-read for anyone deep in the physical precious metal market weeds. This year’s free report on gold and financial markets is a +330 page...

Do you think the world should even have a reserve currency?… Lynette Zang interviewed on ITM Trading Question 1. Charmingly Cynical-: do you think the world should even have a reserve currency? Question 2. Italian G​: What does L feel about the repeal of Glass Steagall, allowing banks and brokers to merge, and gamble? Question 3. Yamil L: I live in Peru and we use both USD and our local currency. With the intention to inquire about the resilience of our financial system in the case of a dollar c...

America’s farmers have been crushed by his tariff war with China. No one knows that better than Iowa… from Zero Hedge Joe Biden plans to label President Trump as an “existential threat” to the nation during a Tuesday campaign stop in Iowa, according to Fox News, citing Biden’s prepared remarks. Trump, meanwhile, will also be in Iowa for his own rally. “You know, Donald Trump and I are both in Iowa today. It wasn’t planned that way, but I hope Trump’s presence here will be a clarifying event,” ...

9:40p ET Tuesday, June 11, 2019 Dear Friend of GATA and Gold: At Wall Street on Parade, Pam and Russ Martens today note that the extensive criminality of JPMorganChase & Co. is now a matter of record in the gold market too. Their account of the confession of JPM trader John Edmonds probably won't tell you anything you don't know, but their summary of the investment bank's wrongdoing is worth plastering all over the universe: "Career prosecutors in the Department of Justice and federal judges...

Why Trump's Tweets about the Dollar Might Soon Pack a Lot More Punch By William WattsMarketWatch, New YorkTuesday, June 11, 2019 President Donald Trump is again calling for a weaker dollar. And that preference might now be starting to line up with market fundamentals, which means his pronouncements on the value of the currency could pack a lot more punch in the run-up to the 2020 presidential election, according to Alan Ruskin, chief international strategist at Deutsche Bank. Trump took aim at t...

9:10p Tuesday, June 11, 2019 Dear Friend of GATA and Gold: Gold futures are holding their 200-day moving average, Craig Hemke of the TF Metals Report writes today at Sprott Money, and he construes this as confirmation of an upward trend. "Though prices will never be allowed to move uninterrupted straight up," Hemke writes, "they are definitely headed higher in the back half of 2019 as the Fed loses credibility by fighting against the deflation and economic contraction it created. Halfway throug...