All this price action, which may be upsetting to those trying to trade gold to make dollars, is just leveraged speculators positioning and repositioning themselves in… by Keith Weiner of Monetary-Metals Many voices in the gold community are making a simple point. Look at the prices of oil, copper, and other commodities. They are skyrocketing. The mainstream explanation—shared by Keynesians, Monetarists, and many Austrians—is that the cause of this skyrocketing is the increase in the quantity of ...

In just a bit more than a week, the U.S. Government added nearly another HALF-TRILLION in public debt.  Of course, this was due to the “temporary”  lifting of the debt ceiling by the honorable members in the Senate.  However, with adding nearly $500 billion of new debt, the price tag for servicing that debt is… This content is for Gold Membership Plan, Gold Membership Plan – Annual Payment, Silver Membership Plan, and Silver Membership Plan – Annual Payment members only.Login Join Now Original l...

The magnitude of its impending financial collapse will be even greater than anticipated… by Financial Argument via Financial Argument Billions of people must prepare for a major banking crash in 2021. The latest news on the Evergrande crisis indicates that the magnitude of its impending financial collapse will be even greater than anticipated. The main event is not the bankruptcy of Evergrande, but the domino effect it will create on the global markets. For example, Fidelity, UBS, HSBC, PIMCO, B...

Inflation is crippling the average person, but look at what just hit an all-time record. More InflationOctober 26 (King World News) – Peter Boockvar:  While somewhat dated, S&P CoreLogic said its US home price index rose 19.7% y/o/y in August after a 20% print for July. While we know this is not included in CPI and rents are instead, if it was, CPI would running north of 10% as housing alone is 30% of CPI and 40% of the core. Home Price Appreciation Has Skyrocketed,Very Reminiscent Of 1970s ...

Remarks by Lawrence Lepard, Managing PartnerEquity Management Associates, Sherborn, MassachusettsNew Orleans Investment ConferenceHilton New Orleans Riverside HotelThursday, October 21, 2021 First, let me thank Brien Lundin and the show organizers for inviting me to speak here.  It is a great honor.  Particularly so because I am among other “sound money” OG’s (original gangstas) and people for whom I have enormous respect and admiration.  Starting with Dr. Ron Paul, but also the tireless and rel...

Biden’s Chief of Staff and White House Spokeswoman Jen Psaki say so, and the USDA says there are no food shortages… by Daisy Luther of The Organic Prepper It’s only hypercritical people like me who think that the Biden administration is doing an utterly terrible job. The reality is, everything is just fine except for a few pesky hoarders who are causing problems. The mainstream media, POTUS’s Chief of Staff, and White House spokeswoman Jen Psaki said so, and we all know they’re both utterly reli...

There’s a lot of confusion as to the status of Canadian gold reserves. Good thing we have the World Gold Council to clarify things… (by Half Dollar) Remember earlier in the year when that guy from Brinks or somewhere supposedly “fat fingered” that COMEX gold deposit adjustment? Or was it silver? And then, the deposit suddenly totally disappeared as opposed to being tpyed correctly? That was a good one! Though not to be outdone, the World Gold Council has made an error of its own: Ha! Just kiddin...

By Pam and Russ MartensWall Street on ParadeTuesday, October 26, 2021 This month the Vanderbilt Law Review published a 69-page paper by Saule Omarova, President Biden's nominee to head the Office of the Comptroller of the Currency, the federal regulator of the largest banks in the country that operate across state lines. The paper is titled "The People's Ledger: How to Democratize Money and Finance the Economy." ... Dispatch continues below ... ... ADVERTISEMENT ... Buy, Sell, or Store Precious ...

11:13a ET Tuesday, October 26, 2021 Dear Friend of GATA and Gold: Thom Calandra and his market letter, The Calandra Report, have been supporting GATA almost from our start 22 years ago. He is a writer and believer and investor in the monetary metals. This week, with metals prices showing signs of recovery amid the storm of inflation, Thom is reviviong his special offer to GATA supporters -- a discount on a year's subscription with half the $169 payment being donated to GATA, no strings attached....

Despite today’s pullback in the gold market, it appears there is a big problem for the shorts. Paper Gold Short Attacks No Longer WorkingOctober 26 (King World News) – Alasdair Macleod:  The Commitment of Traders report showed a marked deterioration in the Swaps position. They now account for 80% of the shorts, when the bullion bank traders among them will have hoped to reduce their exposure. Swaps are now net short $29.8bn, of which roughly 73% is bullion banks according to the last Bank Partic...

“…swaps provide a mechanism for bullion banks to return gold originally lent to them by central banks to cover possible shortfalls…” By Robert Lambourne via GATA The recently released September statement of account of the Bank for International Settlements – https://www.bis.org/banking/balsheet/statofacc210930.pdf — contains information suggesting a decrease of about 26 tonnes in the bank’s gold swaps during August, from 464 tonnes to 438 tonnes. This compares to the record high estimated at 552...

Sooner or later EVERYBODY will come around to understand that… by Bix Weir of Road to Roota Sooner or later EVERYBODY will come around to understand that THE GOVERNMENT is the worst choice when it comes to the control and allocation of MONEY!!

Americans continue to buy a great deal of silver and gold bullion, with a large percentage coming from Canada.  It’s truly amazing how much of the Royal Canadian Mint’s Silver and Gold Maples are purchased by Americans.  With both Silver and Gold Maple Leaf sales up considerably this year, the majority are shipped south to U.S. investors. In this new youtube video, I show how the Royal Canadian Mint produced the largest amount of Official Silver coins in the world last year, but exported most of...

Biden’s “townhall” meeting this past week was a disaster. From his bizarre poses to the incoherent answers, it seemed to confirm America’s worst fears… by Ron Paul of Ron Paul Institute for Peace and Prosperity President Biden’s “townhall” meeting this past week was a disaster. From his bizarre poses to the incoherent answers, it seemed to confirm America’s worst fears about a president we are told was elected by the most voters ever. Though he didn’t bother campaigning, we are to believe he som...

Today James Turk told King World News that the price of gold breaking above this key level will trigger a move to new all-time highs. Gold & Silver Looking BetterOctober 25 (King World News) – James Turk:  We still have a ways to go to get a clear upside breakout in the precious metals, Eric. But both metals are making good progress by cutting through overhead resistance, and today was important for two reasons. First, even though gold and silver jumped 1.6% and 4.7% last week, this week sti...

It’s going to make heads spin… by Gary Tanashian from Notes From The Rabbit Hole Gold calmly continues cobbling its Handle, Miners lay in wait You see, there is all this noise out there. It comes mostly from inflationists touting gold in the same breath as copper, as oil, and as commodities of all flavors (and aside from gold and to a degree, silver, those flavors are cyclical). But you also see, gold is counter-cyclical in its best suit. You see on this monthly chart that gold has been forming ...

On the heels of gold breaking above the $1,800 level, the Chart of the Day says gold is starting to shine once again. Chart of The Day: Gold Starting To Shine AgainOctober 25 (King World News) – Top Citi analyst Tom Fitzpatrick:  Gold continues to closely follow the path seen in 2011-2021 suggesting that we can continue to see higher levels towards $1,900+ into year end. Resistance is met at: •       $1813: 55 week MA •       $1,834: Strong horizontal resistance •       $1,839: Downward sloping ...

If Jack Dorsey’s terrifying prediction of hyperinflation unfolds it will destroy society. Jack Dorsey’s Hyperfinflation CallOctober 25 (King World News) – Peter Boockvar:  Well, I hope Jack Dorsey is wrong on his hyperinflation call. Yes, the value of bitcoin and even gold will go dramatically higher in that scenario, the former of which he’s certainly hoping for but it would destroy the businesses of not just Twitter (whose stock I own for clients and myself) and Square because of the damage it...

China has a full blown crisis with actual shortages… by Jason Burack of Wall St For Main St  China has a full blown crisis with actual shortages. FULL SHOW NOTES AND LINKS HERE Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the economy http://www.patreon.com/wallstformainst​ or Patreon dot com slash wallstformainst (since YouTube blocks the URLs and makes them a...

“…when that drop begins, watch Gold, Silver, and the miners finally soar to…” by David Brady via Sprott Money Little has changed in the precious metals over the past week, so I’m going to focus on the dollar as a key driver of Gold’s future direction. I have been pounding the table consistently for weeks now stating my belief that we have not seen the peak in the DXY and therefore the lows in the metals and miners. The fact that neither the Funds nor the Commercials cut their relative positions ...