With everyone wondering what surprises are in store for 2023, many investors don’t realize the silver “rocket ship” breakout is so close. Plus a look at two sectors that should power forward this year. Got Silver?January 11 (King World News) – Patrick Karim:  While everybody is talking recession, the chart is telling me something else. Got silver? Once we close above $28, then all-time highs within 6 months. Break Above $28 Triggers Move To New All-Time High Within 6 Months northstarbadcharts.co...

10p ET Tuesday, January 10, 2023 Dear Friend of GATA and Gold: GATA Chairman Bill Murphy, interviewed by GoldSeek Radio's Chris Waltzek, remarks that silver as an investment is even more explosive now that multi-billionaire Elon Musk is promoting the monetary metal, especially as the major silver exchange-traded funds are falling under suspicion. The interview is 13 minutes long and can be heard at GoldSeek's companion site, SilverSeek, here: https://silverseek.com/article/goldseek-radio-nugget-...

Posted by SRSrocco in Economy, Energy, News, Silver Members, Videos on January 10, 2023 — Comments Off on METALS & ENERGY UPDATE JAN 10th: Major Military Event Could Have Significant Impact On U.S. Dollar & Global Economy A Major Military Event this year in Ukraine could significantly impact the U.S. Dollar and Global Economy.  Why?  Well, it depends upon the outcome of Russia’s Massive Military Winter Offensive that could begin within the next few weeks… This content is for Corporate Me...

Today’s car buyers are literally looking at a “debt spiral for borrowers.” Also, good news and bad news for gold short term. GoldJanuary 10 (King World News) – Ole Hansen, Head of Commodity Strategy at SaxoBank:  Gold: Since Nov 1 when hedge funds held a 39k lots net short, some 112k lots has been net bought with 67k coming from short covering and 45k from fresh longs being added. Conclusion: Plenty of potential length to be added can the current momentum be maintained. Plenty Of Room For Gold L...

On the heels of the metal consolidating recent gains, today market veteran, James Turk, told King World News this is about to trigger the next major move for gold and silver. US Dollar Index Tumbles From 114+ To 103January 10 (King World News) – James Turk:  There is some important news about the US Dollar Index, Eric. I have mentioned before the 104-to-105 area, and I have been waiting for the Index to break one way or the other.  We did get a head-fake above 105, which was then quickly reverse...

By Harry Dempsey and Michael StottFinancial Times, LondonTuesday, January 10, 2023 First Quantum Minerals has threatened to close its vast copper mine in Panama if it fails to resolve a tax dispute that it says risks damaging the country's business-friendly reputation. Panama has demanded that the Canadian group pay corporate tax of at least $375 million a year along with a profit-based mineral royalty of 12-16%, a steep rise on the $61 million FQM paid to Panama on a project that raked in $1.4 ...

By Ted ButlerMonday, January 9, 2023 For the first holiday-shortened trading week of the new year, gold turned in a very strong performance, ending higher by $40 (2.2%) while a late-day rally yesterday only resulted in silver narrowing its losses for the week to 18 cents (-0.7%).  As a result of silver's extreme relative underperformance, the silver/gold price ratio widened out by just over two full points to 78 to 1. ... Dispatch continues below ... ... ADVERTISEMENT ... Buy, Sell, or Store Pre...

7:30p ET Monday, January 9, 2023 Dear Friend of GATA and Gold: The weekend edition of Ed Steer's Gold and Silver Digest, published by GATA board member Ed Steer, is headlined "Shockingly Low Silver Volume on Friday" and is posted in the clear at SilverSeek here: https://silverseek.com/article/shockingly-low-comex-silver-volume-friday CHRIS POWELL, Secretary/TreasurerGold Anti-Trust Action Committee Inc.CPowell@GATA.org ... ADVERTISEMENT ... Buy metals at GoldMoney and enjoy international storage...

By Jan NieuwenhuijsGainsville Coins, Lutz, FloridaMonday, January 9, 2023 Over the past 100 years there has been a correlation between major equity bear markets, adjustments in one of the four "prices of money," and gold bull markets. If we let history be our guide, the current equity bear market is signaling a new gold bull market, supported by changes in the price of money. One of the more intriguing financial analysts of our times is Zoltan Pozsar, managing director and global head of short-t...

As we kickoff 2023, Sprott says gold and mining shares are severely under owned. Connecting a Few DotsJanuary 9 (King World News) – John Hathaway at Sprott Asset Management:  Gold was an effective hedge in 2022. For the full year, gold bullion posted a -0.28% return, compared to a decline of 18.11% for the S&P 500 Index, an outperformance of 17.93%. Gold mining shares declined 8.14%, an outperformance of 9.97% relative to the S&P 500. U.S. Treasuries, considered a safe haven amidst adver...

By Brien LundinGold Newsletter / Golden OpportunitiesMetairie, LouisianaMonday, January 9, 2023 In a Golden Opportunities letter last week, I resorted to my oft-used "Happy New Year" headline to highlight yet another early-year gold rally. As I noted in that issue, gold often bottoms in mid-December and continues to rally well into a new year. It doesn't always happen that way, of course, but this year it has played out largely to script. The big difference this year is that gold didn't decline ...

Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that investors need to prepare for a hyperinflationary collapse. Each week Egon von Greyerz articles are published first on King World News MAJOR MOVES IN MARKETSJanuary 9 (King World News) – Egon von Greyerz, Managing Partner of Matterhorn Asset Management continues in part 2 of his powerful two part series:  I will now cover what I see in markets in 2023 and coming ...

A remarkably gold-friendly and LBMA-hostile commentary from the Financial Times. * * * By Jonathan GuthrieFinancial Times, LondonMonday, January 9, 2023 Experts joke that some Russian-mined gold in British vaults "is so old it has double-headed Imperial eagles stamped on it." Ownership shifted into non-Russian hands decades ago, they say. But investors are worried that Russian gold could be used for sanctions busting. The London Bullion Market Association is therefore registering it all. The anx...

Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News the path for the world is now full-blown collapse. Each week Egon von Greyerz articles are published first on King World News January 9 (King World News) – Egon von Greyerz, Managing Partner of Matterhorn Asset Management:  The world is today confronted with two nuclear threats of a proportion never previously seen in history. These threats are facing us at a time whe...

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 ...

By Sing Yee OngBloomberg NewsFriday, January 6, 2023 China reported an increase in its gold reserves for a second straight month, topping up holdings again after its first reported purchase in more than three years. The People's Bank of China raised its holdings by 30 tons in December, according to data on its website today. This follows November's addition of 32 tons, and brings the nation's holdings to a total of 2,010 tons.  ... Dispatch continues below ... ... ADVERTISEMENT ... First Majesti...

Today London analyst Alasdair Macleod spoke with King World News about what he is being told by his contacts in Asia as the price of gold approaches the $1,900 level. January 7 (King World News) – Alasdair Macleod:  “Eric, I think it’s very interesting (the trading action in gold).  What’s fascinating is all of the technical analysts were saying, ‘After a $200 run, it’s time gold had a setback.’  I mean that was even amongst the bulls.  And there was a rising wedge which the gold price appeared ...

From the New York SunFriday, January 6, 2023 https://www.nysun.com/article/waiting-for-mccarthys-gop The New York Sun favors elevating Kevin McCarthy to be speaker of the House but neither he nor anyone else in the majority has said what we would like to hear. We agree with our columnist Larry Kudlow in the view that Mr. McCarthy would be a good speaker. We're less confident that the Republican majority in the House is going to address the most important issue before the new Congress: monetary r...

Gold surged more than $30 on Friday and silver broke back above the $24 level, but look at the bullish setup. Alasdair Macleod’s King World News audio interview will be released later today! Until then… January 6 (King World News) – Alasdair Macleod:  After a strong start to the New Year, gold and silver succumbed to profit-taking as the dollar recovered slightly. In European trade this morning, gold was trading at $1837, up $14 on last Friday after hitting a high of $1864 on Wednesday. Silver w...

Today legend Art Cashin confirmed we may see another Black Swan in financial markets, plus a look at the current market chaos. January 6 (King World News) – Art Cashin, Head of Floor Operations at UBS:  The group of old fogies that I belong to, will I think, be watching to see if the second- half of that cycle kicks in. Remember there was a short term cycle that indicated a selloff going into yesterday and possibly today. We got the first half of that. Now let’s see if there’s a follow through o...