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Value for Value My friend Hugo Salinas Price wrote a short post that I agree with. Please consider A World that Operates by Cheating Is Doomed Read More |
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02.12.21- GOLD/SILVER RATIO ALERT! Rigged Gold-to-Silver Ratio Ready to
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02.11.21- Short The Fed, Buy Gold
Most of the time, it’s impossible to tell the future. But there are exceptions. Right now, there’s no room left to read between the lines. The goals, and outcome, are obvious. America, along with the rest of the world, is going to try and spend its way out of the pandemic crisis. Read More |
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02.10.21- Investor Gold Demand Running
Though gold has struggled to regain the momentum so far in 2021, silver and platinum are off to solid starts. Silver was up almost 2% in January, and platinum, almost 4%. Gold, though, was down just over 1%. Demand for gold and silver coins for delivery is running red hot exacerbated by tightening supplies and delayed releases of new coinage from sovereign mints. As a result, premiums – the amount investors pay over a coin’s melt value - have begun to move higher. Read More |
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02.09.21- US Mint Warns It Can't Meet "Surging Demand" For Silver & Gold
Sales of U.S. gold bullion coins rose 258% in 2020 while silver coin demand was up 28%, the U.S. Mint said Tuesday. Read More |
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02.08.21- Silver Short Squeeze -
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02.06.21- Gold vs Bitcoin is F-ing stupid
Introducing your Economic Apocalypse Toolkit With both Bitcoin and gold (and stonks, for that matter) at or recently off of all time highs the age old debate of whether gold is better than Bitcoin or vice versa is everywhere. I finally sat down and mapped out the Economic Apocalypse Toolkit after listening to Grant Williams and Bill Fleckenstein’s End Game podcast episode with Fred Hickey, who writes The High Tech Strategist. Read More |
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02.05.21- $1000 Silver? What would be the price of Silver if not manipulated?
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02.04.21- Reddit Giveth, And Reddit Taketh Away
They were piling into SLV and PSLV, forcing those ETFs to buy up all the available physical silver and, it was hoped, crush the paper players who have since time immemorial used futures contracts to torment the metal’s fans. The weekend was all anticipation, as coin dealers pulled their inventory off the market and premiums spiked to over $10/oz. Read More |
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02.03.21- The Philosophy of Debt, the Math of Precious Metals
One of Harvard’s most beloved and popular professors, for example, was not an economist, but the brilliant (and thus controversial) campus philosopher, Cornel West. Professor West filled Harvard’s auditoriums with hundreds of awe-struck undergrads who marveled at his ability to break down Wittgenstein, Royce, Nietzsche and William James as others might rattle off stats for the Boston Red Sox or Newcastle’s odds in the Premier League. Read More |
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02.02.21- What Will Reddit Do With Silver?
The share price ran up to almost $500. To understand why, let’s take a step back and look at the context. Read More |
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02.01.21- "Everyone Is Afraid Ahead Of The Open" - Reddit-Raiders Spark Nationwide
As we noted below, the premium for physical silver had soared late Friday and into Saturday (after the massive flows into SLV), but as Sunday rolled around, bullion dealers are now facing massive shortages of physical coins.Read More |
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01.30.21- Silver May Rally Above $39 On Range Breakout
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01.29.21- Epic Gold Market To Follow Epic Stock Market Bubble
But as Jeremy Grantham recently said, stocks are in an “epic bubble”. Still most investors ignore this since greed dominates their emotions. If stocks are up 3,800% since 1971, there is no reason why it shouldn’t continue. Read More |
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01.28.21- Someting Big Just Happened in the U.S. Mint Gold Eagle Market
Not only have Gold Eagle sales in the first three weeks of January surpassed last year’s total by a factor of three, but it’s also the highest figure since the 2008-2009 Financial Crisis. While Silver Eagle sales have been the main focus of precious metals investors in the past year, Gold Eagle sales are now the new spotlight. Read More |
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01.27.21- The Gold Bull Market
Strategic View: Gold Could see $25,000 in 10 years The two big rallies in gold occurred over roughly 10-year periods. Both saw dramatic increases in the value of gold. From August 1971 to 1980, gold rallied from $35 per ounce to over $700 per ounce, a twenty-fold increase. Read More |
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01.26.21- Silver, one system isn’t enough
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01.25.21- Inauguration Day Isn’t For Biden
That’s because President Biden’s policies will be a boon for demand—both industrial and monetary. Read More |
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01.23.21- Gold Stocks' Upleg Intact
Price action in the financial markets is never linear for long. Asset prices perpetually flow and ebb, often chaotically from day to day. That reminds me of Mark Twain's famous quote, "If you don't like the weather... just wait a few minutes." Volatility is a constant companion in the markets, forever toying with traders' emotions. But over longer-term time horizons, this incessant daily noise tends to form tradable trends. Read More |
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01.22.21- Is The Gold Window Closing?
After receiving the above email, I called Terry, i.e. Ralph T. (Terry) Foster, gold coin dealer and author, Fiat Paper Money – The History and Evolution of Our Currency. He explained the gold market had been tight for months and is now even tighter, resulting in his message to clients. Read More |
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01.21.21- Money Printing, Money Printing and More Money Printing
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01.20.21- The Coming Gold Rush
Actually, there is no reason at all to read Kitco's comments, for the gold graphs speak all too clearly of what is going on: the price of gold is under strict control by The Powers That Be, because a surging price of gold would announce the collapse of the value of the US Dollar. Read More |
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01.19.21- 2021 Outlook: Strong Year for Gold
The World Gold Council’s 2021 outlook is out, and it forecasts a strong year for gold Read More |
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01.18.21- Gold Sheared, Silver Smeared
Silver was smeared this past week by -2.6% and is now -6.4% year-to-date. But relax: have a cracker 'n schmear, perhaps even a beer, and we'll try to relate to make it all clear. Read More |
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01.16.21- Biden's Banana Republic
The next four years could easily be four years of hell for Biden (if he stays the course for the whole four years), for the US and thus for the world. Read More |
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01.15.21- And Now, for Something Entirely Different: You May Want to Rethink the Jab
Portuguese health worker, 41, dies two days after getting the Pfizer Covid vaccine as her father says he 'wants answers'. Mexican doctor hospitalized after receiving COVID-19 vaccine. Read More |
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01.14.21- Silver to Reach $200 Per Ounce
Since mid-2018, gold has gone from $1160 to $2000 and has done so without the help of weak stock markets. Now the dollar is turning downwards while markets are at highs. Big investors seem to be moving assets into different sectors, and soon we may see a violent rebalancing. Read More |
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But UBS Global Wealth Management strategists don't see gold repeating its stellar performance in 2021. Instead, the firm sees other metals- including silver and platinum - outperforming gold during the year ahead. As the economy improves in 2021, industrial demand will support silver and platinum group metal prices, said UBS. The strategists expect silver prices to reach $30 per ounce by the end of the first quarter and eventually level off to $27 per ounce by the end of 2021. Silver is currently trading around $25 per ounce. Read More |
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01.12.21- Black Swans, Ordinary Swans And Metals
Expect more of the same for 2021 – massive debt, central bank “printing,” and dollar devaluation, while consumer prices and inflation rise. Gold and silver have been insurance and protection for thousands of years. They will shine in 2021. Regression to the mean suggests lower prices for stocks and higher prices for commodities. Read More |
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01.11.21- Regime Change
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01.09.21- Gold Stocks Break Out
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01.08.21- U.S. Mint Sells 2.7 Million Silver Eagles First Week Of 2021
While Silver Eagle sales are elevated in the first month of every year as the Authorized Purchases are stockpiling the new dated official coin, 2.7 million in the first week is a solid start. With three more weeks in the month, sales of Silver Eagles may reach 4-5 million. According to the U.S. Mint website, here is the breakdown in Silver and Gold Eagle Sales. Read More |
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01.07.21- What 2020 Signals
What will this year bring with gold and silver? The answer begins by looking at the context of 2020—where we came from and where it left us. So let’s review to see just how unprecedented last year was, including gold and silver’s performance vs. other assets. And then we’ll examine the potential catalysts that are still brewing. Read More |
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01.06.20- And Now, for Somthing Entirely Different: A Time for New Beginnings and Ending That Which Must End
– Source If they can get you asking the wrong questions, they don’t have to worry about answers. – Thomas Pynchon, “Gravity’s Rainbow” (1973) Read More |
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01.05.21- Poll Data: Silver Stackers and Solar Panels to Push Silver Higher
Silver will be the best performer in a bullish precious metals market Read More |
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01.04.21- Will Gold & Silver Go Vertical in 2021?
But the sector has not broken out yet, and other than the junior silver stocks (SILJ), is not close to a breakout point. A vertical move typically entails some type of breakout. Let’s see how close the various markets are and evaluate the prognosis for a vertical move in 2021. We plot the monthly candle charts for Gold and Silver below. Read More |
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01.02.20- Gold Prices, Fort Knox, Debt…And The Twilight Zone
Gold rose $58 to $1,840 (recent low about $1,760) for the week ended December 6, while silver rose $1.66 to $24.21 (recent low around $22.00) for the week. As we descend into the Twilight Zone, the major stock indices made new highs this week, showing, once again, that fake money encourages fake prices. Stock market capitalization reached an all-time high compared to GDP. 1929 and 2000 peaks come to mind…. Gold and silver prices are inexpensive relative to “paper” prices—see below. Read More |
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01.01.21- The Fed Is About To Go Weimar –
The Federal Reserve quietly announced on December 17, 2020 that it is redefining the M1 and M2 Money Supply Measures (H.6 Release) by shifting the savings deposits component into M1 from M2. M1 is supposed to measure “demand money” – i.e. funds that can be accessed for use without prior notice, primarily checking account funds, including travelers checks and free-floating currency. M2 is M1 plus “term” deposits: savings accounts, CD’s in amounts of less than $100k and retail money market funds. Read More |
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This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Bank of America sets a 2021 
It's all phony money but there's no revolt yet.
Yellen is Treasury Secretary. Powell is Fed Chair. And Sanders is head of the Senate Budget Committee. 
With The Fed printing money 'out the wazoo', monetizing COVID relief package debt as fast as Congress can pass the bills, demand for bullion was already surging. However, the last week or so, on the heels of the Reddit-Raiders taking aim at Silver, demand for silver (and gold coins) has exploded...
For just a little while – literally a couple of days – silver stackers saw the light of sudden riches at the end of the tunnel. The Reddit/Robinhood hoards had noticed that the metal was cheap and blatantly manipulated, and therefore ripe for an epic short squeeze. 
Market insights often come from unexpected sources.
The hot story this week is the incredible run up in the stock price of GameStop. A week ago, this was a $40 stock, with the company losing well over $4 a share. That’s not surprising for a retail store operator in the world of lockdowns. What is surprising is what happened this week.
It would appear the run on silver has begun. With the market closed, traders have rushed to secure some exposure to silver ahead of what WSB suggests could be "the world's biggest short squeeze" and that has left bullion dealers 
Nearly 6+ months ago, our research team highlighted a unique price range that appears to be repeating itself in Silver. This price range consists of a $5.40 bullish or bearish price phase. Using our 100% measured move techniques, we’ve seen silver move higher and lower by this range over the past 10+ months and, quite interestingly, the current sideways price range in Silver is almost exactly a $5.40 range. After a bit of research related to the explosive upside price move in June 2020, where Silver rallied from $17.75 to levels over $28.75 – an $11 Candle Body Range (nearly 2x the $5.40 range), our researcher team believes the next breakout move in Silver may be another 2x or 3x rally – ranging from an $11+ rally to a $16.50+ rally. This suggests a potential upside price target in Silver near $39 to $45 if our research is correct. 
Most investors are more interested in getting richer than preserving wealth. This is why they will never exit the stock market. As the Dow up 39x in the last 50 years this has been the right strategy. Only since 2009, the Dow is up 5x! So clearly a Win-Win position!
Something BIG just happened in the U.S. Mint Gold Eagle Market this month.
2021 marks the 50th anniversary of President Nixon’s decision to suspend the convertibility of U.S. dollars into gold. At that time gold was just $35 per ounce. As we approach the August 13th “golden anniversary” date, a review of the past 50-years is worthwhile.
When you start freshly entering the trading arena, it is fascinating that all it takes is pushing a button to be in a winning trade (or a losing one). The ease of participation isn’t the only unusual aspect of trading. In this week’s chartbook, we want to illuminate that many traders fail in assuming that one trading system is sufficient. If you, like many others, have after years of struggle finally established an edge, let’s say through a trend following system approach, you risk getting into serious trouble if a market transform into a multi year sideways market. With only one screwdriver, it is hard to get a nail into the wall. Silver, one system isn’t enough. 
Whether you’re happy about it or not, Joe Biden will take the presidential oath of office on Wednesday, January 20. But while it’s the official induction of a new president, the real inauguration will be for one of our favorite metals, the one that is the most versatile and vital for the world we live in today: silver.
The gold miners' stocks have had a wild ride this month, surging then plunging. After hitting new upleg highs, the leading gold-stock benchmark collapsed in a sharp drawdown. That gutted bullish sentiment, bringing back worried bearishness. But despite that big swing, the uptrend of gold stocks' young upleg remains intact. This sector is still marching higher on balance with gold, a bullish omen for further gains.
The commentary section of Kitco is mostly made up of inane comments regarding the evolution of the price of gold. Clearly, Kitco is deathly afraid of posting any realistic appraisal of the movements in gold's price. 
This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: What to expect in terms of price drivers for gold in 2021, demand for physical gold to remain as prominent this year, and what’s really driving expectations of heightened silver demand.
Gold was sheared this past week by -1.2% and is now -3.9% year-to-date.
Donald Trump is probably the luckiest presidential candidate in history to have lost an election. He doesn’t realise it yet as he suffers from a self-inflicted wound in the final moments of his presidency. Nor does Biden yet realise how unlucky he is to have won. But that will soon change as his presidency goes from crisis to crisis in all areas from monetary to fiscal to social and political. Very little will go right during his presidency.
The Bill Gates Effect: WHO’s 
Technical analyst 
The events of this week are dominating the news cycle with a sitting president days away from being replaced while Congressional and Senatorial leaders debate whether he should be impeached immediately. If I were having a chat with Mr. Trump, I would advise him to refrain from reading his own press clippings because they will only offer you glimpses of past glory and never reveal the reality of the moment. It like that great story where Gordie Howe asks a hungover rookie to pick up his game to which the rookie replies “I had four goals last night; I can afford a night off.” Gordie placed his size fifteen hand around the kid’s neck slowly squeezing and said “Son, you are only as good as your last shift.” Trump should have been on the bench to hear that. In fact, Gordie Howe would have been a superb Chief of Staff because no one would dare deviate from what can only be described as “proper decorum” and inciting a mob of “deplorables” to storm the Capitol building would certainly have had Gordie’s attention. 
The gold miners’ stocks entered this young new year with a bang, as their leading index surged to a major breakout above multiple key resistance lines. That really strengthens the technical case that gold stocks’ next bull-market upleg is underway. This sector has been carving a textbook-perfect series of higher lows and higher highs since late November now, forming a young upleg. Those usually mature to massive gains. 
With the Fed and central banks pumping up the markets with a record amount of money printing, liquidity, and stimulus, investor demand for precious metals continues to be very strong. In the first week of 2021, the U.S. Mint sold 2.7 million Silver Eagles. The Mint also sold 45,000 oz of Gold Eagles.
It’s not exactly a surprise, but Merriam-Webster said the 2020 word of the year was unprecedented. Overused perhaps, but definitely accurate.
This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Silver to emerge as top commodity in 2021, gold and oil to create a boom in raw materials, and 5 reasons why gold is an essential part of any portfolio.
The correction in price has ended, juniors are recovering, and Silver is leading. This has led to some renewed excitement amongst the faithful. 
Note: I learned of the Fed’s redefinition of M1 from the invaluable research of John Williams at Shadowstats.com – This information was not reported by any mainstream financial news sources.