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Despite Extreme Pessimism, Silver Is Coiling For Upside Explosion






Always take a step back a focus on the big picture during times of volatility. Here is the big picture for gold and silver. Gold’s US DollarFebruary 12 (King World News) – Graddhy out of Sweden:  Here is another view of what many calls a triple top for gold. That’s not a triple top, it’s a perfect bullish expanding falling wedge. Gold Will Break Above Pink Line To Kickoff Next Major Unplug And it had 6 attempts to break above upper pink line, and the more times a resistance gets tested, the more...
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Ed Steer: The short position in SLV drops 25%

5:41p ET Monday, February 12, 2024 Dear Friend of GATA and Gold (and Silver): The weekend edition of Ed Steer's Gold and Silver Digest, published by GATA board member Ed Steer, is headlined "The Short Position in SLV Drops 25%" and it's posted in the clear at GoldSeek's companion site, SilverSeek, here: https://silverseek.com/article/short-position-slv-drops-25-percent CHRIS POWELL, Secretary/TreasurerGold Anti-Trust Action Committee Inc.CPowell@GATA.org .... ADVERTISEMENT .... Buy metals at Gol...
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Michael Oliver – Huge Opportunity As Gold Miners Now Mirroring 2016 Bear Market Low






Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, communicated to King World News that the action in gold miners is now mirroring the 2016 bear market low. That was a fantastic time to be a buyer as the mining stocks then soared 200% in just 6 months. Lookback: Gold Miners and Gold (1995 to 2002)February 12 (King World News) – Michael Oliver, Founder of MSA Research:  While gold gained 35% from its 1999 low to its 2002 high (ag...
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Zimbabwe considers using gold to back its currency

By Ray NdlovuBloomberg NewsMonday, February 12, 2024 Zimbabwe may back its currency with gold in an effort to end exchange-rate instability, Finance Minister Mthuli Ncube said. "To manage growth of liquidity, we may link the exchange rate to a hard asset such as gold," Ncube said in an online press briefing held today to announce a conference of African ministers that Zimbabwe will host at the end of this month. ... Dispatch continues below ... ... ADVERTISEMENT ... Bullion Star Opens in the U.S...
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Putin Interview, Gold And The Collapse Of The West








This is a trip down the rabbit hole of the interview with Russian leader, Vladimir Putin, gold and the collapse of the West. Gold: How DC Screwed You, and Now ItselfFebruary 11 (King World News) – Matthew Piepenburg, partner at Von Greyerz AG:  The French poet, Arthur Rimbaud famously wrote that “Nothing is true.” Hmmm. Fairly sensational, no? Deciphering the nuance behind such poetic phrases is almost as difficult as deciphering the meaning behind so many political (and hence central banking) p...
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Wind Power Provides BIG CHUNK of Texas Electricity Power Generation This Past Week

Posted by SRSrocco in Energy, News, Silver Members on February 11, 2024 — Comments Off on Wind Power Provides BIG CHUNK of Texas Electricity Power Generation This Past Week While GREEN ENERGY is still plagued with many problems and issues, Wind Power provided a BIG CHUNK of Texas Electricity Supply this past week.  Actually, I was quite stunned by the amount of wind power generation in the Texas ERCOT Grid this past week… This content is for Silver Membership Plan, Gold Membership Plan, Corporat...
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Celente – 2024 Is Going To Be A Wild Year


According to the top trends forecaster in the world you haven’t seen anything yet because 2024 is going to be a wild year, a year to remember. February 9 (King World News) – Gerald Celente:  “(Only) 47% of Americans say they are very satisfied with the way things are going in their personal lives. It was 46% back in 2009 during the Great Recession. So the people are feeling it. Look at what’s going on in China, the economy is going to crap. Look at all the gold the Chinese people are buying. And...
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China, Russia will conquer world with 'nuclear option' in gold, Maguire says

9p ET Friday, February 9, 2024 Dear Friend of GATA and Gold: Central banks are turning "paper" gold on the New York Commodities Exchange into real metal via conversion to "exchange for physicals" redeemable in London, metals trader Andrew Maguire tells this week's edition of Kinesis Money's "Live from the Vault" program. Maguire adds that China and Russia have accumulated far more gold than Western nations and their revaluing it upward -- the "nuclear option" in the world financial system -- wil...
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MAJOR DISCONNECT BETWEEN STOCK MARKET & SILVER PRICE: Silver Mining Margins Non-Existent At Market Highs












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 ...
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Chinese Public Buying Close To All-Time Record Amount Of Gold!

The Chinese public is buying gold at a historic clip only seen one other time in history. The buying is so frantic it is close to an all-time record in terms of demand. February 9 (King World News) – Alasdair Macleod:  “The Chinese stock market is in trouble, and also the property market is in trouble. They’ve got a real problem in China. This is interesting because in December the withdrawals from the Shanghai Gold Exchange were 271 tonnes. That’s the second highest on record! The highest was 2...
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Robert Lambourne: Gold intervention via BIS fell by 4 tonnes in January

By Robert LambourneFriday, February 9, 2024 The January statement of account for the Bank for International Settlements was published this week --  https://www.bis.org/banking/balsheet/statofacc240131.pdf -- and allows an estimate to be made of the volume of gold swaps undertaken by the BIS at the month end: 117 tonnes, a 4-tonne reduction from the swaps volume as of the end of December. Hence January appears to have been a quiet month in BIS gold swaps. Four tonnes is one of the smallest change...
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The Public Is Selling Into Gold’s Rise, But Here’s The Good News





The public has been selling into gold’s rise, but here is the good news. Gold Being AccumulatedFebruary 9 (King World News) – Alasdair Macleod:  Gold and silver moved sideways for yet another week, exhibiting a bullish undertone. In European trade this morning, gold was $2032, down $7 from last Friday, while silver was $22.62, almost unchanged on the week.  SilverSilver volumes on Comex picked up to reasonable levels on bargain-hunting, while gold volumes were subdued, as the screenshot below il...
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U.S. NATGAS PRICE PLUNGING BACK TO 30-YEAR LOWS: Energy Cliff Volatility Impacted Natgas Market The Most

Posted by SRSrocco in Economy, Energy, News, Silver Members, Videos on February 8, 2024 — Comments Off on U.S. NATGAS PRICE PLUNGING BACK TO 30-YEAR LOWS: Energy Cliff Volatility Impacted Natgas Market The Most As forecasted, the U.S. Natgas price has now fallen below the $2 level and will likely continue even lower.  Unfortunately, the ENERGY CLIFF is impacting the Natgas Market the most as the U.S. Henry Hub price is now falling below the total cost of production… This content is for Corporate...
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Despite Stock Market Euphoria The US Faces An Increasingly Difficult Position

Despite the continued stock market euphoria the US faces an increasingly difficult position. February 8 (King World News) – Naveen Nair, Market Analyst at Citi:  US 10y yields: Yields are increasingly looking like they are settling into a range between 3.79% (December 27 and February 1 low) – 4.20% (Jan 19, January 25, February 5 high, double bottom neckline and psychological resistance). Why it matters: Both support and resistance looks strong with two touchpoints at the support and resistance....
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'Silver is the new gold' as Egyptians try to protect savings

By Sarah El Safty and Farah SaafanReutersThursday, February 8, 2024 CAIRO -- Egyptian women traditionally receive a gold jewellery set, or "shabka", on their engagement. But as surging prices and a weakening currency have driven up demand for the precious metal, some are getting silver instead. The trend is a measure of an economic crisis in which inflation has been running at more than 30% and the central bank has allowed the currency to weaken 50% against the dollar, with more devaluation expe...
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A Trip Down The Rabbit Hole Of The Everything Bubble, Russia, BRICS, US Dollar & Gold



Here is a trip down the rabbit hole of the “everything bubble,” Russia, BRICS, the US dollar and gold. Email From A KWN ReaderFebruary 8 (King World News) – Email from KWN reader George C:  It is not Iran or any other country that has threatened the hegemony of the US dollar of late.  The US did that all by itself, when the Biden administration weaponized the dollar against Russia.  I think Gerald Celente made that point himself.  Why would any nation trust that the same thing could not happen t...
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The Gold Bull And China’s Epic Collapse




Here is a look at the gold bull and China’s epic collapse. CHINA’S STOCKS ARE NOW “UNINVESTABLE,” ASSET MANAGERS SAYFebruary 7 (King World News) – Gerald Celente:  About 40 percent of asset managers attending a Goldman Sachs conference in Hong Kong last week called Chinese equities “uninvestable,” the Financial Times reported.  “The global investors we spoke to are, by and large, out of China,” Timothy Moe, the bank’s chief Asia-Pacific equity strategist, told the FT. The poll was taken the day ...
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Alasdair Macleod: How Russia and China could deploy their hidden gold reserves

By Alasdair MacleodWednesday, February 7, 2024 An overlooked aspect of geopolitics is the defensive action taken by Asian hegemons and their close allies against a collapse of the Western currency system. Unlike our economists who are overwhelmingly Keynesian, the economic tradition from Soviet and communist China was that the West's capitalist system would collapse. Admittedly, China's economists have increasingly studied in the West and picked up Keynesian concepts, but they remain acutely awa...
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Russian banks may have swapped gold for dollars, report says

From Bloomberg NewsWednesday, February 7, 2024 Some Russian banks appear to have maneuvered around a ban on shipping dollars and euros to the country by trading gold in the United Arab Emirates and Turkey, according to research from a financial-intelligence company. The sanctions on the export of banknotes were introduced after the Kremlin's invasion of Ukraine. The report compiled by Sayari found that in the first quarter of 2023, the financial institutions -- which include Lanta Bank JSC, whos...
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China's new year buyers look to gold as stocks and property crash

From Bloomberg NewsWednesday, February 7, 2024 Gold has never been more expensive in China heading into the Lunar New Year, but consumers are still finding lots of reasons to buy the precious metal. While the holiday season usually drives increased spending on items like jewelry, reports of robust demand this year are remarkable because the shopping season happens to coincide with a stock market crash.  ... Dispatch continues below ... ... ADVERTISEMENT ... The first 99.99% pure silver and gold ...
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