The Ukrainian triumph in Kharkiv? Here is a look at reality vs propaganda. The Ukrainian Triumph In Kharkiv?September 11 (King World News) – Dr.Stephen Leeb:  The recent “rout” of the Russians in the Kharkiv has made sensational headlines across the West. However, how the Ukrainians achieved this triumph has not been made obvious. Virtually no Russian troops were defending the newly conquered regions, which was taken by Russia in the early stages of the Ukraine war. In addition, there’s been no ...

Posted by SRSrocco in Economy, Energy, News, Precious Metals, Silver Members, Videos on September 11, 2022 — Comments Off on BREAKING NEWS MARKET UPDATE SEPT 11th: Something Is About To Break In Silver Market As European Energy Crisis Worsens Not only has Smart Money become Net Long in Silver, they are also long in other metals.  So, why does there continue to be a massive short position against the Silver SLV ETF?  Good question.  There seems to be an enormous, record Hedge bet on the market fo...

The food lines are back… by Michael Snyder of The Economic Collapse Blog The food lines are back, and they are starting to get really long.  But this wasn’t supposed to happen.  We are being told that unemployment is very low, even though that is not actually true.  And we are also being told that the inflation rate is still only in the single digits, and of course that is not exactly true either.  All over the country, middle class Americans are watching their lifestyles be absolutely eviscerat...

The Fed will have to pivot sooner rather than later… by David Brady via Sprott Money Back in December 2017, I did a podcast with Dale Pinkert on YouTube where I said that the Fed will buy “everything” when the proverbial hits the fan and that this would trigger the collapse of the dollar. Today (Wednesday), I saw this tweet: As I like to say: Bingo! The U.S. led the way, but now the Europeans are joining in: ‘Incoming PM Truss Drafts Colossal £130 Billion Plan To Freeze UK Power Bills’ ‘Germany ...

The people are being used as tools to achieve order out of chaos… by Josh Sigurdson via World Alternative Media Josh Sigurdson reports on the outages affecting California as the grid begins its collapse while the globalists come in with their new technocratic “solution” which of course includes carbon credits and all of the insane regulations and laws that they wanted to bring in under the guise of “climate change.”As inflation skyrockets and blackouts hit countries worldwide at the same time as...

By Robert LambourneSaturday, September 10, 2022 The recently released August statement of account of the Bank for International Settlements -- https://www.bis.org/banking/balsheet/statofacc220831.pdf -- shows that the recent trend of significant decreases in the bank’s gold swaps has stopped for the moment. The total of the BIS gold swaps outstanding at August 31 was 75 tonnes versus 56 tonnes on July 29. This increase of 19 tonnes is modest, since as of June 30 there were 202 tonnes of swaps, a...

Powell’s so-called “war against inflation” will fail, but not before crushing everything from risk asset, precious metal and currency pricing to the… by Matthew Piepenburg via Gold Switzerland Below we track how the Powell Fed serves as a contemporary weapon of mass destruction. Powell’s so-called “war against inflation” will fail, but not before crushing everything from risk asset, precious metal and currency pricing to the USD. As importantly, Powell is accelerating global market shifts while ...

The key to economic growth is to strengthen the labor market? by Frank Shostak via Mises Some experts hold that the key to economic growth is to strengthen the labor market, which is based on the view that because of the reduction in the number of unemployed workers, more individuals can afford to increase spending. As a result, economic growth follows suit. The Expanding Pool of Savings—Not Declining Unemployment—Is the Key for Economic Growth However, the key driver of economic growth is an ex...

There’s big trouble coming for the US Dollar… Charles Nenner interviewed on USA Watchdog by Greg Hunter Renowned geopolitical and financial cycle expert Charles Nenner says his analysis shows there is big trouble coming for the U.S. dollar. The dollar’s reserve currency status is on its way to being a thing of the past. Nenner explains, “The dollar is still up. We have a target on the dollar of 113 (on the USDX). It’s now around 110, but it’s not going to be surviving as the major currency. Peop...

Gold will start a new rally only if either recession fears intensify, boosting safe-haven demand for gold, or if… by Arkadiusz Sieron of Sunshine Profits The US economy generated 315,000 jobs in August, but the unemployment rate increased. What does it imply for the gold market? Powell, we could have a problem! According to the BLS, the U.S. unemployment rate rose to 3.7% in August from 3.5% in the previous month, as the chart below shows. It seems to be a fatal blow to the narrative of a strong...

Today 50 year market veteran James Turk told King World News that silver could vault to new all-time highs very quickly and gold will follow. September 10 (King World News) – James Turk:  “My expectation is that we’re going to see strength going into the end of the year for gold and silver. Now depending how bad things become with the financial system and the banking system it’s not out of the realm of possibility that we could see new highs in gold and for that matter silver too because gold is...

Get ready for food shortages and a big short squeeze in the gold and silver markets. September 10 (King World News) – Alasdair Macleod:  “The rise that we have seen in commodities, which has been corrected over the last two months, that rise is going to continue into the winter months. And we will find that there will be people cold throughout Europe in the winter, and there will be food shortages. … and there are something like 140,000 contracts short in the speculator category in the gold mark...

TOPICS:California Grid Posted by SRSrocco in Economy, Energy, Silver Members on September 9, 2022 — Comments Off on Green Energy California Burning Massive Amount Of Natural Gas To Generate Electricity To Keep The Lights On The so-called Green Energy State that announced the banning of sales of gasoline vehicles in 2035 is burning a massive amount of fossil fuels just to keep the lights on.  Yes, indeed… California’s Electric Grid used 4 TIMES more Natgas Power than Wind & Solar… what do you...

9:06p ET Friday, September 9, 2022 Dear Friend of GATA and Gold: Your secretary/treasurer was interviewed this week by Josh Hamilton, founder of The Jist internet site in the United Kingdom, discussing the purposes and mechanisms of the longstanding U.S. government and Western central bank policy of gold price suppression. ... Dispatch continues below ... ... ADVERTISEMENT ... Buy, Sell, or Store Precious Metals with Money Metals Exchange Money Metals Exchange, a national bullion dealer recently...

“at speeds that are sufficient for a household with multiple users” From Treasury.gov Biden-Harris Administration Announces New Hampshire to Receive Additional $66 Million in Additional American Rescue Plan Funds to Increase Access to Affordable, High-Speed Internet Treasury’s approval of a second round of funding for New Hampshire completes its total Capital Projects Fund award of $122 million to connect more than 24,000 homes and businesses to affordable, high-speed internet WASHINGTON — Today...

The unprecedented scale of the physical silver shortage that is draining inventories and causing havoc in… by Natalie Laz via Kinesis In this week’s Live from the Vault, Andrew Maguire examines the unprecedented scale of the physical silver shortage that is draining COMEX inventories and causing havoc in the oversold, futures-driven silver market. The London wholesaler analyses the glaring disconnection between the physical and paper silver markets, evidencing investors capitalising on massive, ...

Any city whose lifeblood ultimately depends on hyper-globalization and hyper-financialization will no longer be viable…  by Charles Hugh Smith via Of Two Minds Any city whose lifeblood ultimately depends on hyper-globalization and hyper-financialization will no longer be viable. The human migration from the countryside to cities has been an enduring feature of civilization. Cities concentrate wealth, productivity and power, and so they’re magnets to talent and capital, offering newcomers the gre...

From The Canadian Press, TorontoThursday, September 8, 2022 OTTAWA -- Canadians are used to seeing Queen Elizabeth II on their money, but that could change following the death of the longest-serving British monarch and Canadian head of state. However, the Bank of Canada, which produces Canada's paper bills, said changes likely won't be seen immediately. ... Dispatch continues below ... ... ADVERTISEMENT ... Buy metals at GoldMoney and enjoy international storage GoldMoney was established in 2001...

Here is where things stand in the gold, silver and currency markets. September 9 (King World News) – Alasdair Macleod:  After a weak start, gold and silver are ending this week on a firmer note. This is particularly noticeable in silver, which rose 70 cents from last Friday’s close to trade at $18.81 in early morning European trade today. Gold’s rise was more subdued, rising $13 over the same timescale to $1722. The most significant event was the ECB finally raising it deposit rate by 0.75%, pro...

By Anthony GrantNew York SunFriday, September 8, 2022 The face of King Charles III instead of that of Queen Elizabeth II will begin to be seen on new British coins and banknotes issued in the United Kingdom and Commonwealth countries beyond the British Isles. These include Canada, Australia, New Zealand, British territories in the Caribbean, Gibraltar, the Falkland Islands, and the English Channel islands of Jersey, Guernsey, and the Isle of Man. ... Dispatch continues below ... ... ADVERTISEMEN...