None of these are reasons to celebrate, and few of these reasons lend themselves to… by Ryan McMaken of Mises Institute Last week, CNN featured a story called “Men are dropping out of the workforce. Here’s why” The article went on to tell us virtually nothing at all about why so many men are leaving the workforce. Although as many as seven million men have stayed out of the workforce for varying reasons, the CNN piece was really about how more women are joining the workforce, and how wonderful i...

Posted by SRSrocco in Energy, Silver Members on December 27, 2022 — Comments Off on SO MUCH FOR GREEN ENERGY: Northeast Burns Oil To Keep Warm & The Lights On As the Northeast was plunged into extreme sub-freezing temperatures on Christmas Eve, it was forced to burn oil to keep warm and the lights on.  That day, the majority of New England’s Electric power came from burning oil. This content is for Gold Membership Plan, Gold Membership Plan – Annual Payment, Silver Membership Plan, and Silve...

From Adda24/7Gurugram, IndiaMonday, December 26, 2022 With 132.34 metric tonnes of gold purchased, the Reserve Bank of India has emerged as the largest buyer of the yellow metal among central banks between April 2020 and September 2022.  The RBI was the top gold buyer among its peers in 2020 while it stood third in 2021. In 2020 it bought 41.68 MT of gold, while in 2021 and 2022 (till September end) it bought 77.5 MT and 31.25 MT respectively. ... Dispatch continues below ... ... ADVERTISEMENT ....

Many silverbugs are enjoying 20% gains in 2022, but more importantly… (by Half Dollar) Happy New Year! Many silverbugs are enjoying 20% gains in 2022, but more importantly, they’ve got silver to show for it: Now sure, I’m cherry picking the data points and assuming one actually purchased silver for $20 or less, which I and many others did, and I’m also assuming the ersatz dollar-price ends 2022 at $24, but worse assumptions have been made. Regardless, all things considered, including all types o...

What are central bankers trying to do? from GoldCore TV What are #CentralBankers trying to do? Last week we had four central banks reading from the same script, but is anyone convinced that they know what the story is? #Gold certainly isn’t. With four interest rate announcements, four lots of #inflation slowing and four lots of attempts at reassurance we invite you to take a look with us at what central banks really have up their sleeves and what this means for gold in 2023. FULL SHOW NOTES AND ...

It’s not going to get better for the housing market… by Dave Kranzler of Investment Research Dynamics The following analysis was presented earlier this month in the Short Seller’s Journal. I agree with the title quote but it’s not mine. The CEO of luxury furniture retailer, Restoration Hardware ($RH), commented on the Company’s Q3 earnings call: “For the housing point of view, there is no soft landing…It’s looking more like a crash landing in the housing market. It’s looking like 2008, 2009…The ...

A bull move in gold miners should emerge for all to see (and one day chase due to FOMO) in 2023… by Gary Tanashian from Notes From The Rabbit Hole In 2022 the gold price has started to validate our projection from last December, and 2023 should see a bull move in gold miners emerge for all to see (and one day chase due to FOMO) Reference 2022: The Golden Year as published on December 30th, 2021. It’s been touch and go all year but the gold price could be shaking out in support of the admittedly ...

Expect gold to be a good performer? Lance Roberts with Jason Burack of Wall St For Main St  During this 50+ minute interview, Jason asks Lance about risk to the global economy, Fed rate hikes ending soon but still causing a lot of problems and why the Fed will have to do a 180* in 2023. Lance experts US Treasury bonds, gold (and select tech stocks) to be good performers in 2023. Over 200 articles (almost 250), audio podcasts & interviews with experts exclusive for Patrons with 84 new article...

By Szu Ping ChanThe Telegraph, LondonSunday, December 25, 2022 The euro will collapse below parity with the dollar next year as the European Central Bank "kamikaze" rate rises backfire and a scramble for energy supplies pushes the bloc into a prolonged economic downturn, City economists have said. JP Morgan, ING, Capital Economics, and Barclays all believe the single currency will drop below parity against the dollar within months to a fresh 20-year low. ... Dispatch continues below ... ... ADVE...

The Fed has the power to invert the yield curve, causing pain for the banks and precipitating crises in… from Monetary-Metals The yield on the 10-year bond recently fell below the rate paid by the Fed on bank reserves. That is, a bank gets paid more to lend to the Fed for a day than to lend to the Treasury for ten years. There is not merely an inversion between the 2-year and the 10-year bonds. Nor even the 3-month and 10-year. Now the overnight and 10-year bond are inverted. Crazy. Where the Ma...

Things could have turned out much differently if we had made better decisions during the years leading up to this crisis... by Michael Snyder of The Economic Collapse Blog Economic conditions just keep getting worse.  As we prepare to enter 2023, we find ourselves in a high inflation environment at the same time that economic activity is really slowing down.  And just like we witnessed in 2008, employers are conducting mass layoffs as a horrifying housing crash sweeps across the nation.  Those t...

Here is an astonishing Christmas prediction from a legend. December 25 (King World News) – 8 years ago legendary Richard Russell, the Godfather of newsletter writers, made this astonishing prediction just two days prior to Christmas:  “When I was young, around age 21, I decided to plan out my life. I bought a book of compounding tables and sat down to figure out how to be rich and retired at age 65. Unfortunately, nothing I planned worked out the way I thought it would. Bull markets came, only t...

Looking at markets from multiple perspectives is beneficial for determining where things are likely to head… Chris Rutherglen on Palisades Gold Radio Tom welcomes back private investor and engineer Chris Rutherglen. During the past year, he started a Substack which is more useful for long-term content. It’s called Gold Investor Research, and he discusses a recent article where he expects gold to head in the short term. The Fed is likely to have done a 50 basis point rate hike on Wednesday. That ...

By Robert G. RabilThe National Interest, WashingtonFriday, December 23, 2022 Russia's invasion of Ukraine has undoubtedly ended the post-Cold War era. Although many countries have condemned Russia's invasion, the majority of them have not sanctioned Russia.  In contrast to the Western depiction of the Ukraine crisis as a confrontation between democracy and authoritarianism, these countries believe that the crisis goes well beyond the democracy-authoritarianism binary, potentially affecting their...

Electric cars may not be terribly useful in the midst of an energy crisis…  by Daisy Luther of The Organic Prepper Author of The Blackout Book and the online course Bloom Where You’re Planted Electric cars may not be terribly useful in the midst of an energy crisis. While almost 6 million of these are on the road, drivers had better hope that the Tesla charging in their driveway isn’t the only vehicle they own. In another episode of “Wait, you can’t charge that right now,” Switzerland has drawn ...

An upcoming recession suits gold particularly well… by Arkadiusz Sieron of Sunshine Profits Business activity declined sharply in December. It signals an upcoming recession – a time that suits gold particularly well. The economic downturn is gathering pace. The flash US PMI Composite Output Index came at 44.6 in December, down from 46.4 in November. It was the sharpest decline in business activity since May 2020 or, excluding the initial pandemic period, since the Great Recession. The decline in...

11:08p ET Friday, December 24, 2022 Dear Friend of GATA and Gold: London metals trader Andrew Maguire was interviewed this week on Nigel Farage's program on the GBN network in the United Kingdom, discussing gold market manipulation and what he sees gold's superior qualities as money. The interview is 10 minutes long and can be viewed at YouTube here: https://www.youtube.com/watch?v=5pxq23V1Vyo CHRIS POWELL, Secretary/TreasurerGold Anti-Trust Action Committee Inc.CPowell@GATA.org ... ADVERTISEMEN...

By Ambrose Evans-PritchardThe Telegraph, LondonFriday, December 23, 2022 Japan is the world’s top creditor with $3.6 trillion (L3 trillion) of net assets overseas. It is the marginal buyer of British, eurozone, and American debt, and a central pillar of the international bond market. In good times the constant flow of investment via the yen "carry trade" is like a global ATM machine for needy debtors. When the flows reverse and the Japanese repatriate their money -- as they did in late 2007 and ...

By Harry DempseyFinancial Times, LondonFriday, December 23, 2022 A London court has dismissed a case by hedge fund AQR Capital Management and other market participants against the London Metal Exchange, relieving the bourse from a request to disclose further information about its March decision to cancel billions dollars worth of nickel trades. Mr Justice Adrian Beltrami said today that he deemed "the merits of the case as weak" and the disclosure request to be too wide-ranging, even if there ha...

The days of low inflation are over… by Peter Schiff of Peter Schiff Podcast · The days of low inflation are over.· Jerome Powell threw cold water on investors’ hope.· Terminal rate of interest continues higher. FULL SHOW NOTES AND LINKS HERE