It was just confirmed…by Przemyslaw Radomski via Sunshine ProfitsWhat’s Behind the USDX Breakout?So far, 2020 has been an incredible and challenging year for the many markets, and that does not exclude gold, arguably one of the most important and most valuable commodities in the world.The yellow metal’s price is influenced by a myriad of obvious and non-obvious short and long-term factors, such as the long-term turning point and its self-similar pattern. In recent months, we’ve already discussed...

Supreme Court Justice Ginsburg is dead and Fox News CIA clowns don’t want you to know about her anti-human globalist agenda…by Sean of SGTreportGinsburg is dead and Fox News CIA clowns don’t want you to know about her anti-human globalist agenda – nor do they want you to know about the puppet master pulling the Left’s strings, George Soros..

We have plunged into a crippling economic depression, and everyone is starting to realize that there is no end in sight to this downturn…by Michael Snyder of The Economic Collapse BlogMost of us have never experienced a year that has been as tough as 2020 has been for our nation.  It has just been one major crisis after another, and the month of September has brought us even more trouble.  The worst wildfire season in the history of the state of California has been making headlines day after day...

Can’t get bikes at the bike store, can’t get trucks at the car lot, and can’t get coins at the coin dealer, yet gold & silver are crashing? Funny…Hmm.Bear trap?I know, right?As if the charts matter.The only thing that matters, if one stoops so low as to trade unbacked, debt-based fiat currency dependent on exponential, unsustainable growth in the financial “markets”, is how close one actually is to the inside information, be that proximity in the vile, corrupt market rigging itself, or be th...

Submitted by cpowell on Mon, 2020-09-21 14:00. Section:From the International Consortiumof Investigative JournalistsWashington, D.C.Sunday, September 20, 2020Secret U.S. government documents reveal that JPMorgan Chase, HSBC, and other big banks have defied money-laundering crackdowns by moving staggering sums of illicit cash for shadowy characters and criminal networks that have spread chaos and undermined democracy around the world.The records show that five global banks -- JPMorgan, HSBC, Stan...

Submitted by cpowell on Mon, 2020-09-21 13:54. Section:By Peter HobsonReutersMonday, September 21, 2020LONDON -- Banks are making huge profits from gold as investors flood into a market fractured by the coronavirus crisis.The world's largest 50 investment banks are on track to double their income from precious metals this year to around $2.5 billion, most of it from gold, Coalition, a banking consultancy, told Reuters."$1.2 billion was the earnings pool last year. This year we already crossed th...

The price of gold tumbled more than $40 in early trading as the US dollar rallied, but take a look at this…Another All-Time HighSeptember 21 (King World News) – Holger Zschaepitz:  Just to keep things into perspective: Combined balance sheet of Fed, BoJ and ECB has hit to fresh all-time high at $21.3 trillion, equal to US GDP, meaning that paper money continues to be devalued, which may not be reflected in consumer prices, but in asset prices. (See chart below).Fed, BoJ, ECB Balance Sheets HitAl...

With residual overboughtness still extreme, gold faces considerable downside risk heading into its biggest seasonal selloff…by Adam Hamilton of Zeal LLCGold has been consolidating high since early August, when it rocketed parabolic on colossal gold-ETF demand.  That 6-week-old sideways drift has worked off some greed and overboughtness, but plenty still remains.  So gold isn’t out of the woods yet for this essential sentiment-rebalancing selloff.  With residual overboughtness still extreme, gold...

Westhaven Gold is now drilling below where high-grade surface samples were found and expects assays shortly.Visit the aureport.com for more information and for a free newsletter Original link

The silver inventory of SLV must be questioned as so many bars are quickly credited to it, even as the physical market is so tight everyone else has long delays…by Chris Powell of the Gold Anti-Trust Action Committee (GATA)2:10p ET Friday, September 18, 2020Dear Friend of GATA and Gold:London metals trader Andrew Maguire today tells the TF Metals Report’s Craig Hemke that the silver inventory of the exchange-traded silver fund SLV must be questioned because so many bars are being quickly credite...

Submitted by cpowell on Mon, 2020-09-21 01:50. Section:9:57p ET Sunday, September 20, 2020Dear Friend of GATA and Gold:Robert Kientz, proprietor of GoldSilverPros.com, last week gave a detailed, sober, pointed, and highly effective interview to Tom Bodrovics of Palisade Radio about the obfuscation the New York Commodities Exchange does about its gold and silver futures markets.Kientz notes that traders on the exchange are running a huge naked short position in the metals and cites indications th...

Breakout is encouraging! We are taking bigger positions in key miners now!submitted by Morris Hubbartt Super Force SignalsA Leading Market Timing ServiceWe Take Every Trade Ourselves!Email: [email protected][email protected]Here are today’s videos and charts. The videos are viewable on mobile phones as well as computers. Double-click to enlarge the charts.SFS Key Charts, Signals, & Video AnalysisSF60 Key Charts, Signals, & Video AnalysisSF Trader Key Charts, Signals, & Video Analysis...

In my newest update, I explain that the silver price trend for the next quarter will depend on what happens over the next 7-10 days.  If the U.S. Government comes out with a new stimulus plan, then we are going to see higher silver and gold prices.  However, if there isn’t a new bill put forth, we could see a short-term correction in the precious metals and broader markets.In my YouTube update, Silver Update & Investment Not Industrial Demand Future Driver Of Price, I provide a brief silver ...

Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned about the Fourth Turning and “The Dark Years” as the world prepares to descend into total chaos.September 19 (King World News) – Egon von Greyerz:  In an ephemeral world, few things survive. I am not talking about species or human beings whose existence on earth is also transitory. Instead I am referring to social and financial systems which are now coming to and end.In July 2009 I...

Submitted by cpowell on Sun, 2020-09-20 22:02. Section:By Henry Sanderson and Neil HumeFinancial Times, LondonSunday, September 20, 2020Canada’s Wheaton Precious Metals, one of the largest companies involved in buying gold and silver, is planning to list on the London Stock Exchange as it looks to tap pent-up demand for precious metals from investors.The Vancouver-based group, which has a market capitalisation of about $23 billion, is listed in Toronto and New York, where its shares have risen m...

This is just like what happened just before the lockdowns…Martin Armstrong interviewed by Greg Hunter on USA WatchdogLegendary financial and geopolitical cycle analyst Martin Armstrong thinks many European bonds will never be fully paid back. They will be a default, but it won’t be an outright default. Armstrong explains, “So, in Europe, all the bonds they have bought, they have to constantly keep rolling them over in addition to what they buy. It’s not sellable. The proposal in Europe, behind c...

Canada is currently closed to most Americans, and one American who decided to stop by a park on his way to Alaska is learning this with…by Simon Black of Sovereign ManAre you ready for this week’s absurdity? Here’s our roll-up of the most ridiculous stories from around the world that are threats to your liberty and risks to your prosperity.Today, we are starting with some stories that are not amusing, but simply tragic.Unborn baby dies due to absurd Covid lockdown rulesThis one highlights the sa...

October is one of the primary months…submitted by J. Johnson via JS MinesetGreat and Wonderful Last Weekend of Summer Folks,     We start Friday off with a rise in precious metals with Gold now priced at $1,960.90, up $11 and close to the London high at $1,964.10 with the low down at $1,951.10. Silver is up as well with the last trade at $27.31, up 21 cents from the Comex close with its high way up at $27.58 with the low down at $27.165. The US Dollar, which has plenty of print in front and behi...

Submitted by cpowell on Sun, 2020-09-20 12:35. Section:By Steven Frank, Yvonne Yue Li, and Felix NjiniBloomberg NewsSunday, September 20, 2020Skyrocketing gold is providing a welcome windfall to the mining industry, but it's also attracting a broader base of investors who are demanding greater attention to environmental, social, and governance topics.Interest in ESG issues has moved to the forefront in conversations with stakeholders in the past year, top executives said in the run-up to the Den...

It would be irresponsible for the American people to nurture the desires of activists seeking to destroy the fabric of their republic…by Lipton Matthew via MisesIn a recent interview Black Lives Matter (BLM) organizer Ariel Atkins argued that lootings are reparations for African Americans. Atkins denounced the suggestion that anything can be gained from peaceful protests. “Winning has come through revolts, winning has come through riots, ‘’ she said. Unfortunately, the belligerence of people lik...