By Michael Stott and Lucinda ElliottFinancial Times, LondonSunday, January 22, 2023 Brazil and Argentina will this week announce that they are starting preparatory work on a common currency, in a move that could eventually create the world's second-largest currency bloc. South America's two biggest economies will discuss the plan at a summit in Buenos Aires this week and will invite other Latin American nations to join. ... Dispatch continues below ... ... ADVERTISEMENT ... First Majestic Produc...

Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, told King World News that central banks will panic as all hell breaks loose around the world. Expect Full-Blown PanicJanuary 21 (King World News) – Michael Oliver, Founder of MSA Research:  Gold is anticipating that there is another major round of monetary degradation that’s going to hit the world. And now that we’ve got a broken asset bubble, most notably in the US because we h...

Posted by SRSrocco in Energy, Silver Members, Videos on January 20, 2023 — Comments Off on GLOBAL OIL PRODUCTION ACCOUNTING HIDING THE BIG PROBLEM: Why Growing Oil Production Isn’t What It Seems The Major Energy Agencies are using clever accounting methods to hide the big problems with Global Oil Production.  In this update, I share what is happening behind the oil industry curtain of accounting secrecy.  When you understand the details, the coming Energy Cliff makes more sense… This content is ...

Man connected in China at the highest levels says the gold bull is ready to stampede. Gold: The End Of Cheap MoneyJanuary 20 (King World News) – John Ing:  Markets fell 20% last year, in its worst yearly performance since the 2008 financial crisis. However rising market optimism on signs of cooling activity is perversely based on the belief that the increase in rates would tame inflation and a recession leading to slower rate increases or even a reversal. Some investors have even declared its de...

As we move through the first month of trading in the new year, Sprott says this sector will see a huge bull market in 2023. Key Trends For 2023January 20 (King World News) – Jacob White at Sprott Asset Management:  Most asset classes lost ground in December, including broad equity markets, bond markets and most commodities, including uranium. The U3O8 uranium spot price fell from $49.43 to $48.31 per pound in December, a 2.27% decrease, while uranium mining stocks lost 4.87% for the month. For t...

Posted by SRSrocco in Economy, Energy, Silver Members, Videos on January 19, 2023 — Comments Off on COLLAPSE COMES AS A SHOCK BECAUSE THE WORLD IS CLUELESS: Famous Quote… “Did IQs Drop Sharply While I Was Away?” Are Energy & Resources now becoming “LESS SCARCE?”  This was something posted by a highly respected member of the precious metals community.  So, I thought I would provide my analysis of why the exact OPPOSITE is the case.  It seems as if Collapse will come as more of a shock because...

The gold market has been consolidating gains above $1,900 but it has already seen huge breakouts in many foreign currencies. Massive Gold Breakouts In Foreign CurrenciesJanuary 19 (King World News) – Graddhy out of Sweden:  Gold priced in major FIAT currencies are breaking out of their large consolidation patterns. And they are getting strong follow-through. Means that the next FIAT depreciation leg up has now started. These examples are front-running the breakout that is coming priced in US dol...

JavaScript is disabled You need to enable JavaScript to use SoundCloud Show me how to enable it published on 2023-01-19T17:42:16Z Fund Manager, and author of the In Gold We Trust-report, Ronald Stoeferle joins us and answers your questions regarding the precious metals markets. Have questions for us? Send them to submissions@sprottmoney.com or simply leave a comment here. GenreNews & PoliticsLicense: all-rights-reserved Popular searches Original linkOriginal author: Sprott Money

By Alasdair MacleodGoldMoney, TorontoThursday, January 19, 2023 Probably the greatest error in modern economics was the abandonment of Say’s Law, otherwise known as the law of the markets. In a nutshell, it demonstrated that through the division of labour, production is firmly linked to consumption, and the former is tied to the latter through the medium of money and credit. ... Dispatch continues below ... ... ADVERTISEMENT ... Buy, Sell, or Store Precious Metals with Money Metals Exchange Mone...

Here is a look at Art Cashin’s thoughts on the collapse of Tesla. Plus a look at the big shock. Sometimes They Do Ring A Bell.But, Only The Wise Tend To Hear It.January 19 (King World News) – Art Cashin, Head of Floor Operations at UBS:  Back in early 2021, Elon Musk decided that he was going to put a chunk of Tesla’s cash reserves into Bitcoin. Nobody said too much about it at the time, except for one or two people. A little over a month later, I wrote the following:  “I have remarked many time...

Dumb money has been pushing the stock market higher…for now. Dumb Money Rules The Stock Market…For NowJanuary 18 (King World News) – Jason Goepfert at SentimenTrader:  Dumb Money Confidence breaks out. Key points: Dumb Money Confidence has reached its highest level since November 2021A high level of Confidence in bear markets is often a warning sign, ala last AugustWhen Confidence recovered strongly after a prolonged downtrend, though, stock returns were consistently positive Dumb Money Confiden...

This is fueling gold’s surge back above $1,925 today. Plus inflation is killing restaurants. The Gold TitanJanuary 18 (King World News) – Graddhy out of Sweden:  Very large, very long term, very valid patterns with enormous potential fascinates me. Big royalty dog Franco-Nevada has one of the largest, valid, bullish rising wedges I have ever seen. This chart is a sign of what’s to come. Franco Nevada Shows Enormous Upside Potential GoldOle Hansen, Head of Commodity Strategy at Saxo Bank:  Gold c...

10:35p ET Tuesday, January 17, 2023 Dear Friend of GATA and Gold: GATA board member Ed Steer, publisher of Ed Steer's Gold and Silver Digest letter, tells Jim Goddard of HoweStreet.com that trader positioning in the U.S. silver futures market shows that it is "ready to bust."  The interview is 18 minutes long and can be heard at YouTube here: https://www.youtube.com/watch?v=40m5laZgh4o&t=4088s CHRIS POWELL, Secretary/TreasurerGold Anti-Trust Action Committee Inc.CPowell@GATA.org ... ADVERTIS...

By Abeer Abu Omar and Manus CrannyBloomberg NewsTuesday, January 17, 2023 Saudi Arabia is open to discussions about trade in currencies other than the US dollar, according to the kingdom’s finance minister. “There are no issues with discussing how we settle our trade arrangements, whether it is in the US dollar, whether it is the euro, whether it is the Saudi riyal,” Mohammed Al-Jadaan told Bloomberg TV today in an interview in Davos, Switzerland. ... ADVERTISEMENT ... USA Gold: Coins and Bullio...

How rude not to trust the London Metals Exchange! * * * By Pratima DesaiReutersTuesday, January 17, 2023 LONDON -- Commodity trader Trafigura is planning to take large amounts of copper from London Metal Exchange registered warehouses, two people familiar with the matter said, adding that the metal was likely to remain in Europe. Copper stocks in LME registered warehouses stand at 83,325 tonnes and are already low. Canceled warrants -- metal earmarked for delivery -- stand at 31.2% or 26,000 ton...

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 Jacob LorineBloomberg NewsTuesday, January 17, 2023 Barrick Gold Corp.'s bullion output slid last year to its lowest level since 2000, missing analysts' expectations and its own target as operational woes curbed production. ... Dispatch continues below ...   ... ADVERTISEMENT ... Fisher Precious Metals offers great priceswith personal service from a family team Family-owned and operated Fisher Precious Metals is a great low-cost source for precious metals -- coins, rounds, and bars. But we al...

By Craig HemkeSprott Money, TorontoTuesday, January 17, 2023 What a curious start to the year in Comex Digital Gold and Comex Digital Silver. The pair usually trade in tandem but, so far in 2023, prices have been moving in opposite directions. And it's not just price. As you'll see in this post, it's also sentiment and interest as measured by the total amount of silver contracts floating around on the Comex. As you no doubt have noticed, Comex gold is off to a fabulous start to 2023. From a clos...

Today market veteran, James Turk, told King World News this is the key to gold’s current price surge. Gold’s Bull Market AdvanceJanuary 17 (King World News) – James Turk, founder of GoldMoney:  Gold has risen a lot in a very short period of time, Eric, and appears to be overbought on a short-term basis. It may therefore need to take a breather. Silver too. Nevertheless, the long-term picture for both precious metals appears bright. So even if gold and silver do take a breather here, it will like...

Today Sprott came out with its top 10 things to watch in 2023. Every King World News reader around the globe should read this closely so they know what to keep a close eye on this year. 2023 Top 10 Watch ListDe-Globalization and the Clean Energy TransitionJanuary 17 (King World News) – Paul Wong, Market Strategist at Sprott Asset Management:  This year’s top 10 list offers Sprott’s thoughts on what will likely drive markets in the coming year and decade, from a macro perspective and the vantage ...