Professional economics is in big trouble… by Jeff Deist via Mises Economics is about human action and choice within the context of scarcity. The problem facing economists is how to understand and explain human betterment, which is another way of saying production. The critical question, posed correctly by economist Per Bylund, starts with scarcity as the default point for understanding purposive human behavior. Antieconomics, by contrast, starts with abundance and works backward. It emphasizes r...

JavaScript is disabled You need to enable JavaScript to use SoundCloud Show me how to enable it published on 2022-02-17T20:09:22Z Peter Boockvar, Chief Investment Officer of Bleakley Advisory Group and Editor of The Boock Report, joined us for our Ask the Expert podcast. Peter and Craig discuss U.S. price inflation, Fed and crude oil prices, among other topics. Listen to the full podcast. GenreNews & PoliticsLicense: all-rights-reserved Popular searches Original linkOriginal author: Sprott M...

By Alasdair MacleodGoldMoney, TorontoThursday, February 17, 2022 Behind the battle to convince everyone that price inflation is not a lasting problem is the necessity to keep interest rates and bond yields suppressed. In the past, the interest rate cycle was entirely due to the expansion and contraction of commercial bank credit. But that was before central banks built up bond portfolios through quantitative easing. ... Dispatch continues below ... ... ADVERTISEMENT ... USA Gold: Coins and Bulli...

The price of gold has now surged above $1,900 but this is what is really shocking. Time For Gold To Shine?February 17 (King World News) – Top Citi analyst Tom Fitzpatrick:  Almost unnoticed in the background of everything going on in markets and Geopolitics this year the Gold price has looked increasingly resilient. We are now getting to the point where we could be on the cusp of a strongly bullish development. We have constantly articulated that the present setup on Gold is amazingly similar to...

“…should take gold to all time new highs…” by Captain Ewave of CaptainEwave Captain Ewave US Stock Market: A Tidal Wave Of Doom Email: [email protected] Website: www.captainewave.com S&P500:  Long Term Update: It looks like our ending diagonal triangle formation ended a failure high at 4748.83, and wave V is now complete at the high. Our “Armageddon Support Line” has broken and the SP500 looks to be heading into a multi-year bear market. Within this current drop we likely completed wave (i) ...

The underlying trend has nothing to do with… by Peter Schiff of Peter Schiff Podcast Economic data blows away expectations.Wages are a price and prices are going up because of inflation.Keynesians can’t even follow their own playbook.Real demand is determined by supply.Don’t take free heroin just because you don’t want to waste it.Fed hawks went the way of the dodo bird.Fed policy is the opposite of Teddy Roosevelt’s Big Stick policy. FULL SHOW NOTES AND LINKS HERE

Amateur price chasers will likely get in on the action at a gold price of… by Stewart Thomson of Graceland Updates 1.   Relentless rate hikes and QT mean that the destruction of the US stock, bond, and real estate markets is essentially assured.  Interestingly, the big question is not whether these markets will crash or not.  2.   The question is, where does all the fiat money go as it comes out of the crashing markets? 3.   The answer is of course: gold, silver, crypto, and the miners! 4.   Ple...

Cars used to be the quintessential depreciating asset. It’s hard to imagine used car prices reverting to, say, 2019 levels anytime soon… by John Rubino of Dollar Collapse Cars used to be the quintessential depreciating asset. Drive a new one off the lot and you were immediately down 40%. Subsequent declines were slower, but they never really stopped. But that was before Fed stimulus escaped from its financial asset silo and inundated normal life. Now, cars – even used ones — are more like houses...

8:38p ET Wednesday, February 16, 2022 Dear Friend of GATA and Gold: If you think the monetary metals are breaking out at last -- and they have been holding up well despite the prattling about the Federal Reserve's plans to raise interest rates -- and if you are inclined to invest in gold and silver mining companies, please consider subscribing to The Calandra Report via the special discount offer that was renewed this week by newsletter writer and longtime GATA supporter Thom Calandra. Thom's wo...

TOPICS:Barrick Production Cost Posted by SRSrocco in Mining, Precious Metals, Silver Members on February 16, 2022 — Comments Off on Barrick Gold Production Cost Report 2021 After Barrick released its earnings today, the stock price jumped by 7.5%.  Investors pushed Barrick’s share price higher not on increased production or lower costs, but rather on an increased dividend and notice of a $1 billion share buy-back program.  So, it seems that Barrick is now flush… This content is for Gold Membersh...

If the price of silver pulls a full round trip, we may be able to say that we have uncovered the latest Bank price manipulation technique…  by Craig Hemke via Sprott Money News You may recall that we caught an interesting new wrinkle in the COMEX gold trade late last year and again late last month. And now we’re seeing the same thing in COMEX silver. Uh-oh. OK, so we first wrote about this back in November. A member at TF Metals Report had noticed an unusual surge in Trade At Settlement activity...

On the heels of another up day in the gold and silver markets, this leg up for gold and mining stocks will be one for the history books. GDX vs GoldFebruary 16 (King World News) – Graddhy out of Sweden:  This long standing ratio chart is still tagging blue trend line. The tagging since the blue breakout is the decline since August $GOLD high. Now we have a very nice bullish engulfing reversal at present. Next move up is probably one for the history books. Very Nice Bullish Engulfing Reversal Can...

The whole thing took five weeks, when everything still felt “normal”… by Simon Black of Sovereign Man Thursday, November 29, 2001 felt like any other day in Argentina. People woke up, went to work, and lived their lives. There was nothing really unusual about that day, everything seemed fine. Sure, Argentina’s economy had been in a severe recession for three years, so life was difficult. But it was still normal. By the end of the day, however, a major bank run had started in the country, and lif...

With the price of gold surging to $1,870, this is heaping to push gold price higher. Gold Bull CatalystFebruary 16 (King World News) – Gerald Celente:  Inflation ran at 7.5 percent in January, year over year, its fastest pace since February 1982, topping December’s 7-percent rate. Used-car prices soared 40 percent year on year; the cost of energy climbed 29 percent.  Overall food costs shot up 7 percent, their sharpest annual gain since 1981, with grocery prices rising 7.4 percent and restaurant...

What are the implications for precious metals prices in the short term? by Jordan Roy-Byrne with Patrick V. on Silver Bullion TV We are joined on Metal Money by Jordan Roy-Byrne of The Daily Gold as we review the latest rally in gold and silver prices. What are the implications for precious metals prices in the short term if this is a false gold breakout? FULL SHOW NOTES AND LINKS HERE

The three most important drivers of precious metals prices’ performance this year are… by Arkadiusz Sieron of Sunshine Profits Analysts’ 2022 forecasts for the gold market are not overwhelmingly enthusiastic – they see it flat. However, maybe the opposite should be expected. The LBMA has recently published its annual precious metals forecast survey. In general, the report is neutral about gold in 2022. On average, the analysts forecast gold prices to be broadly flat this year compared to the yea...

Today, all the biggest names in tech are likely to find themselves scrambling to get their hands on more of this ultra-rare commodity... This is a sponsored article from Oilprice.com Today, all the biggest names in tech are likely to find themselves scrambling to get their hands on more of this ultra-rare commodity. Without it, Netflix couldn’t stream movies and shows to TVs around the world.  Google couldn’t support the 5.6 billion searches made per day. And Apple couldn’t produce the millions ...

The recent level of gold swaps is the highest use of them by the BIS for at least 20 years. It also seems likely that the swaps are… By Robert Lambourne via GATA The recently released January 2022 statement of account of the Bank for International Settlements — https://www.bis.org/banking/balsheet/statofacc220131.pdf — contains information suggesting an increase of about 87 tonnes in the bank’s gold swaps, from 414 tonnes in December to 501 tonnes in January, or 21%. This compares to the record ...

10:42p ET Tuesday, February 15, 2022 Dear Friend of GATA and Gold: The TF Metals Report's Craig Hemke, writing at Sprott Money, reports tonight that the "trade at settlement" mechanism, seemingly used recently to knock the gold futures price down, is starting to be used in the silver futures market. ... Dispatch continues below ... ... ADVERTISEMENT ... Kinesis Money Launches the Referrer's Yield Company AnnouncementThursday, December 23, 2021 LONDON -- Today, Kinesis Money, the monetary system ...

Despite volatility, it’s now game on for gold and silver. Look at why you should hang on for the ride of your life! Today’s Price Action Was ImpressiveFebruary 15 (King World News) – Graddhy out of Sweden:  When just looking at today’s price action – the strength we saw in Gold & Silver miners today while both metals were down and also having bearish engulfing candles, was quite impressive. This chart clearly shows how undervalued Gold is relative to the US money supply. And since Gold is th...