Here is why gold is surging $30 and silver $1.25. When Everyone Throws In The Towel On GoldDecember 20 (King World News) – Otavio Costa:  Without calling out any names, market sentiment has been so negative towards gold that even experts in our industry are losing faith in the metal. With highly conductive properties and unmatched malleability, ductility, durability, approximately 10% of gold’s demand comes from technology, including electronics, which establishes a strong floor for its intrinsi...

With gold now defying Fed hawkishness to surge higher between these latest FOMC meetings, speculators are going to get more interested on betting for… by Adam Hamilton of Zeal LLC Gold defied another hawkish Fed decision this week, consolidating high in its immediate wake.  That was an impressive show of strength, after this extreme Fed tightening cycle hammered gold for a half-year or so.  That strong performance reflects gold-futures speculators’ weakening resolve to keep shorting.  With their...

11:44a ET Tuesday, December 20, 2022 Dear Friend of GATA and Gold: Bullion Star researcher Ronan Manly reports today that the SPDR Gold Trust, the exchange-traded fund better known as GLD, and its sponsor, the World Gold Council, are obscuring data in GLD's financial reports in violation of U.S. Securities and Exchange Commission rules, making it impossible for the public and investors to determine how much GLD gold is going into and out of the vaults of the Bank of England, a subcustodian of th...

The Fed had promised for months that it had a secret plan that would make everything turn out well, but nowadays… by Ryan McMaken of Mises Institute  The Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday announced it will raise the target federal funds rate by 50 basis points, bringing the target rate to 4.5 percent. Wednesday’s rate hike followed four hikes in a row of 75 basis points, and is the smallest rate hike since March. According to the FOMC’s press release, the commit...

There is no question that the silver bull market that has already kicked off will be one for the history books. Silver Launching Into A Big Bull MarketDecember 20 (King World News) – Otavio Costa:  If we are indeed on the cusp of another long-term precious metals cycle, silver at its current price is perhaps the cheapest resource on earth. When looking at the metal relative to M2 money supply, it may have recently just reached a historic double-bottom after re-testing the early 2000s levels, whi...

By Jan NieuwenhuijsGainesville Coins, Lutz, FloridaThursday, December 16, 2022 Gold trade between West and East still follows a 90-year-old pattern.  The price of gold is mainly set by Western institutional supply and demand, while countries in the East take the other side of the trade. ... Dispatch continues below ... ... ADVERTISEMENT ... Buy, Sell, or Store Precious Metals with Money Metals Exchange Money Metals Exchange, a national bullion dealer recently named "Best Overall" by Investopedia...

An update on the event happening December 27, 2022… Andrew Maguire on Kinesis Money In this week’s Live from the Vault, Andrew Maguire takes a glimpse into the smoke and mirrors world of the ‘LBMA cartel’, after allegations of global silver price fixing playing right into the hands of member banks. The London wholesaler provides an update on the 27th December BIS Options expiry position, revealing the wayward speculators staring at severe losses and gives an insight into the major market catalys...

In addition to gaining full access to all SRSrocco Report public and Silver Member content, Gold members will be privy to 1-2 Gold Member posts per week in the SRSrocco Report Gold Vault on the topics listed below.  Gold Members will also receive deeper layers of analysis on the content provided to Silver Members and the general public. Your Gold Membership will give you first-rate, up-to-date summaries of what’s trending in the fields below, including “My Type of Analysis” SRSrocco’s trademark ...

The trifecta for gold is in place but are investors prepared? The Trifecta For GoldDecember 19 (King World News) – Otavio Costa:  It’s time for a comprehensive analysis of the overall (gold & mining) thesis.  Let’s start with the macro part first. The ultimate supporting thesis to invest in the mining industry boils down to what we call the “Trifecta of Macro Imbalances”:  * Excessive debt-to-GDP levels * Highly elevated inflation rates * Financial assets at near record valuations These econ...

A lot goes on that passes unnoticed by economists and pundits… by Paul Craig Roberts via PaulCraigRoberts.org This website cannot exist without reader support The Inflation Hoax Paul Craig Roberts Yes, prices are rising, but not for the reasons the Federal Reserve says. When I say inflation is a hoax, I mean the purported cause is a hoax. The Fed is fighting a consumer inflation, a “demand-pull” inflation.  But what we are experiencing is a supply-side inflation caused by the C lockdowns and eco...

As we get ready to head into 2023, the gold production collapse will help fuel skyrocketing gold and silver prices. Because of the holiday schedule there were no audio interviews this week. KWN audios will return shortly. Until then… Key Inflection Point For GoldDecember 19 (King World News) – Otavio Costa:  We’re at a key inflection point for the gold industry today. Due to the overwhelming pressure to adopt the green revolution, there has been a declining interest from miners in deploying capi...

Is that too much to ask for? (by Half Dollar) Merry Christmas! All I want for Christmas is the biggest silver price smash in history. Is that too much to ask for? I mean, I haven’t sold any silver this year, and I did make one purchase. In fact, I purchased a relative crapton of silver on July 5th, 2022, at the price of $19.86 per ounce, which included the premium I paid: I would like to buy more, however, and that is why I want the biggest silver price smash in history. You see, all things cons...

By Lewis JacksonReutersvia WTVB-1590AMSunday, December 18, 2022 SYDNEY -- Australia's A$200 billion ($134.28 billion) sovereign wealth fund is increasing exposure to gold, commodities, private equity, and infrastructure as it warns the future will echo the low-growth, high-inflation era of the 1970s. The Future Fund outlined the changes, which also included widening its currency basket, in a note on Friday that questioned the value of traditional 60-40 portfolios and called for an investing shif...

Although there are many factors, primarily fundamental but also technical, that point to gold soon making a major move, what is much more important are the…  by Egon von Greyerz of Gold Switzerland Propaganda, lies and censorship are all part of desperate governments actions as the economy disintegrates. We are today seeing both news and history being rewritten to suit the woke trends that permeate society at every level, be it covid, the number of genders, the Ukraine war or government finances...

As we get ready to head into 2023, when it comes to global financial chaos, it’s now inevitable. History Confirmation: Trust Gold Rather than SovereignsDecember 18 (King World News) – Matthew Piepenburg, Partner at Matterhorn Asset Management:  Below, we consider a blender of simple math, sober facts and comical arrogance to better understand gold’s loyalty in a time of disloyal financial stewardship. Hubris Comes Before the Fall History (whether on battle fields or sports fields) is riddled wit...

Posted by SRSrocco in Economy, Energy, Precious Metals, Silver Members, Videos on December 18, 2022 — Comments Off on GOLD, SILVER & ENERGY MARKET UPDATE DEC 18th: Falling Precious Metals Coins Premiums, Price Fundamentals & Energy Update How much have the Gold & Silver Coin premiums fallen over the past month, and what does that mean for the bullion market?  Unfortunately, some dealers are still charging very high premiums on bullion products, which I don’t believe is positive for t...

By Tom ReesThe Telegraph, LondonSunday, December 18, 2022 A record central bank gold rush has been triggered by fears of Western sanctions after Russia was made a pariah state in the wake of its invasion of Ukraine, according to the World Gold Council. Officials in many countries outside the West are rethinking their foreign currency reserves after the sanctions meant Russia’s central bank lost the use of its war chest, hampering its ability to protect the ruble and its banking system.  ... Disp...

In this volatile environment, it is dangerous to go “all in” on any one stock or… David Quintieri with Jason Burack of Wall St For Main St  Jason Burack of Wall St for Main St interviewed returning guest, author of the Money GPS and well known financial YouTuber, David Quintieri on the effect of Fed rate hikes, Canadian real estate and how dangerous it is to go “all in” on any one stock or asset class in this volatile environment with central bank rules changes. Over 200 articles (almost 250), a...

We learned that the inflation rate came down, down more than experts expected, and in a world where inflation is rising in double digits in many major economies… by Ryan McMaken of Mises Institute The federal government’s Bureau of Labor Statistics released new price inflation data today, and according to the report, price inflation during the month decelerated slightly, coming in at the lowest year-over-year increase in 12 months. According to the BLS, Consumer Price Index (CPI) inflation rose ...

This isn’t an Internet rumor… by Michael Snyder of The Economic Collapse Blog The mainstream media is trying really hard to convince all of us that inflation will soon no longer be a problem, but meanwhile food prices continue to soar to absolutely absurd levels.  In fact, we just learned that vegetable prices increased by a whopping 38 percent in November.  When I originally saw that number, I thought that it must represent the change from 12 months ago.  But that is not the case.  According to...