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When the words ‘Zimbabwe’ and ‘currencies’ are mentioned in the same sentence, many people will bring to mind the chronic hyperinflation period that Zimbabwe experienced from the early 2000s to 2009, and the infamous 100 trillion Zimbabwean dollar note which Zimbabwe’s central bank issued in a desperate attempt to cope with that hyperinflation. That hyperinflationary […]

Since mid-2021, we lived through the worst price inflation since the 1970s. CPI peaked in June 2022 at 9.1 percent. During this inflationary period, a lot of people sold gold as evidenced by the rangebound price through most of 2023. Was selling a good move? Looking closer at the trend, gold sellers prevailed over the

On June 13, Tanzania Finance Minister Dr. Mwigulu Nchemba issued a directive in an effort to curb the widespread use of the U.S. dollar in the country. This is just one among many body blows taken by the dollar over the last several years.  The Tanzanian directive mandates that all transactions in the country must

The Biden administration ran the biggest monthly budget deficit of the year in May as it continues to spend money hand over fist. Federal spending overshot receipts by $347.13 billion last month, despite a 5 percent increase in revenues, according to the Monthly Treasury Statement.  The deficit was the largest ever recorded in May and

SPECIAL PODCAST: John Lee, CEO of Silver Elephant Mining Corp. | TF Metals Report When we last spoke with John Lee, commodity prices were moving higher as the war in Ukraine was just getting underway. Yes, it was that long ago! Much has changed in the past two years and John is here today to

Today is one of those days where it seems calm on the surface. It’s a summer Friday and everyone is thinking abut the weekend. But when we dig a little deeper, there’s a lot going on and some of what’s happening might have significant implications. This is not meant to be some sort of dire

Introduction In this episode of the Money Metals Exchange podcast, host Mike Maharrey speaks with Greg Weldon, CEO of Weldon Financial.  Weldon is known for his in-depth financial analysis and publications, including the Global Macro Strategy report and the Gold Guru report. Greg Weldon’s extensive experience, authoritative publications, and active involvement in market analysis and

Jp Cortez, executive director of the Sound Money Defense League, joined Charlotte McLeod of Investing News to discuss sound money, state legislative victories, and what is at stake in the upcoming presidential election. Key Points Discussed Jp Cortez’s Background and Advocacy for Sound Money: Jp Cortez introduced himself as the executive director of The Sound

Singapore is set to usurp London and New York as the world’s gold hub as the yellow metal shifts from West to East. According to the World Gold Council head of Asia-Pacific and global head of central banks Shaokai Fan, the “center of gravity” of the gold market has shifted to the East. Gold consumption

You may not be able to listen to every podcast and I certainly understand. We’re all busy. However, if you’d listened to yesterday’s podcast, you might have been mentally prepared for today. To that end, today’s podcast might help to prepare you for what comes next in the back half of this month and next.

We knew that today would be volatile…we just weren’t sure of the direction. Now that the CPI is behind us and we have seen some pleasant upside volatility, concern shifts to this afternoon’s FOMC Fedlines and Jerry presser where downside volatility may return. But let’s worry about Jerry later. For now, let’s try to summarize

Last Tuesday, the price of Comex silver fell $1.17 and the Shanghai price followed it down on Wednesday. Last Friday, the price of Comex silver fell by $1.93 and, in the first trading since last Thursday, China followed it down today. For now at least, I think we’ve settled the whole “price taker vs price

After a wildly volatile week last, don’t expect a respite anytime soon as the new week brings inflation data and the June FOMC meeting, where we get a Jerry presser and an updated SEP. So buckle in and let’s see where we go from here. I hope you were able to have a relaxing weekend,

Barry Dawes of Martin Place Securities takes a look at the current state of the gold market to explain where he believes it is headed. Gold is still holding in ascending triangle. Gold stocks are consolidating. T Bond yields sharply lower. Gold Back into the ascending triangle Gold Stocks  ASX Gold Stocks  Gold

Michael Ballanger of GGM Advisory Inc. shares current updates in the market, and one copper stock he is keeping his eye on. USD Index futures are higher this morning with 10-yr. and 30-yr. yields lower as the economic news continues to demonstrate weakness. Gold (+0.59%), silver (+0.56%), copper (+0.34%), and oil (+.38%) are all rallying

Giant Mining Corp. (CSE: BFG;OTCBB: BFGFF;FSE: YW5) announced the approval of its Reclamation Cost Estimate by the State of Nevada, Department of Conservation & Natural Resources. Read on to find out how this affects the company’s future drilling projects. Giant Mining Corp. (CSE: BFG;OTCBB: BFGFF;FSE: YW5) announced the approval of its Reclamation Cost Estimate by

Source: Michael Ballanger 06/03/2024 Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market, as well as some stocks he has kept his eyes on. When you are in the business of writing a weekly newsletter covering a specific range of companies within a market environment that has been/continues

Seabridge Gold Inc. announced it has started its 15,000-meter core drilling campaign at its 100%-owned Iskut property in northwest British Columbia’s Golden Triangle. Find out why one expert says the stock should be one of your core holdings. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced it has started its 15,000-meter core drilling campaign at its 100%-owned

The Canadian explorer has production plans for the project it would gain in this deal as well as one of its already 100%-owned assets. Read on to learn more about both. IberAmerican Lithium Corp.’s (IBER:CBOE; IBRLF:OTCQB) proposed acquisition of Strategic Minerals Europe Corp. just received approval by the latter company’s shareholders, according to a news

As we approach mid-year 2024 in the environment of an all-time high US dollar gold price, its notable that central bank gold buying continues to be one of the main themes dominating gold market discussion. This is because following a record year in 2022, when according to the World Gold Council (WGC), central banks and

By Jesse Colombo You’d have to be hiding under a rock to be unaware that inflation is one of the most pressing issues of our time. After a shocking 23% increase in the cost of living since 2019, all but the wealthiest of Americans are getting squeezed and seeing their living standards plummet at an

Well, what a day that was. In the Tuesday podcast, we discussed how the action post-PPI set us up for a potentially great today today…and it was…with Jul24 CDS getting to $29.99 this afternoon. So what happens next? Will CDS breach $30 overnight and, if it does, will it be able to hold and extend?

By Jesse Colombo Since early-March, precious metals have launched one of their sharpest rallies in decades. Gold surged by 16% and silver by 26%, which are significant moves for safe-haven assets — especially considering that it played out over such a short time period. During this rally, gold has received the lion’s share of the

In this week’s episode of “Money Metals Midweek Memo,” host Mike Maharrey delves into the often overlooked yet significant realm of gold investment, drawing an engaging parallel between gold’s market perception and a personal anecdote from his school days about a girl named Bertha.  Much like Bertha’s transformation from a disregarded figure to one of

By Jesse Colombo After more than three years of stagnation, gold has awakened with a vengeance since early-March and has promptly surged by nearly $300 an ounce or 14% to an all-time high $2,330 — a sharp move for a safe-haven asset that has a reputation for its slow and steady trends. Gold’s powerful rally

In a recent episode of “Gold Chain IQ,” Stefan Gleason, a key figure from Money Metals Exchange (aka Money Metals), shared insights into the precious metals industry, focusing on education, the importance of sound money, and a groundbreaking development in Idaho for a new depository. Stefan Gleason, with a background in public policy and publishing,

<p>The label &ldquo;prepper&rdquo; carries some baggage. Even after all this country has seen in recent years, some still consider those stocking up on food, ammo, bullion, and other emergency essentials as a little bit nuts.</p> <div x-data=" item_id: 1142, view: null " x-html="view || 'Product-1142'" x-init="view = await (await fetch('/shortcodes/product/single/1142')).text()">!!–Product-1142–!!</div> <p>Despite some close brushes with

If a formula spits out a number you don’t like, just change the formula so you get a better number! That’s exactly what the Bureau of Labor Statistics did to the Consumer Price Index formula in the 1990s. Because the CPI kept indicating price inflation was too high, the BLS tweaked the formula to spit

As you know, Good Friday was a market holiday. However, all .gov offices were open ahead of the Transgender Day of Visibility…which, of course, is today. I hope you were able to attend your local secular/pagan transgender worship services today. Because the godless .gov offices were open on Friday, we were able to get the

In the Youtube interview embedded below, Money Metals CEO Stefan Gleason speaks about the company’s imminent plans to open the largest precious metals depository ever built in the United States west of New York. Money Metals Depository will move soon into its new, state-of-the-art, 37,000 square foot facility in Idaho — a fortress of iron and

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Well, we’re seeing another big move in the gold market. The monetary metal reached a new record high on Thursday to close out this holiday-shortened trading week. Gold finished the week, the month, and the quarter on a high note at $2,243 an ounce, gaining

In case you thought anybody in Washington was driving this thing, they are not.  It’s official: the Department of Treasury is now issuing debt at pandemic levels. It’s worth noting the pandemic record was double the previous record, which had stood for 231 years. In raw numbers, the latest numbers for Q4 2023 show Treasury

Why should you have gold in your portfolio? The World Gold Council puts it this way in its recent report Gold as a Strategic Asset.  “Gold has a key role as a strategic long-term investment and as a mainstay allocation in a well-diversified portfolio. Investors have been able to recognize much of gold’s value over

Everybody wants to know when the Federal Reserve is going to declare victory over price inflation and begin loosening monetary policy. The real question is – when are they going to make monetary policy tight again? Because despite all the worry about high interest rates, monetary policy remains relatively loose.   Sure, hiking rates by

With the pending holiday weekend, today brought the end of trading for the week, the month and the quarter. As such, we hit the superfecta with new all-time daily, weekly, monthly and quarterly closing highs in Comex and spot gold! And though the trading week has ended, our work here at TFMR is not finished.

I know the saying goes “it’s 5:00 somewhere”, implying that it’s never too early for an adult beverage. In this case, however, it’s still Lent and that means that your host can’t enjoy an adult beverage until 3:00. As such, instead of Beer with TF, today we’ll try Coffee with TF and instead of the

“Investors are salivating over the potential with [this company] right now,” one newsletter editor/publisher wrote. Read on to discover why. Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCQX) closed its bought-deal public offering in which Eric Sprott participated, generating gross proceeds of CA$15 million, according to a news release. “Having already established one of the richest undeveloped

Small-cap lithium explorer and developer Atlas Lithium Corp. announced it has signed definitive strategic investment and offtake agreements with Mitsui & Co., one of the largest trading companies in Japan. Small-cap lithium explorer and developer Atlas Lithium Corp. (ATLX:NASDAQ) announced it has signed definitive investment and offtake agreements with Mitsui & Co. (“Mitsui”), a company

Michael Ballanger of GMM Advisory Inc. shares one stock he believes is “ridiculously cheap” along with the other junior developers. The big news this morning is the $20 move in gold (+.92%) against a stronger USD Index and weak silver (-.19%) and copper (-.26%). Oil has resumed its uptrend and is the clear winner so

View Important Disclosures for this Article Close Important Disclosures: Mag Silver Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000. Doresa Banning wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor.  This article does

In this episode of Money Metals’ Midweek Memo, host Mike Maharrey discusses the perceived ineffectiveness of the prevailing political strategy in the United States, which revolves around the notion of “voting the bums out” to solve issues.  Maharrey argues that this approach doesn’t lead to significant change because the system itself is broken, likening it

Holding fiat currency is risky business and that’s not going to change any time soon. Currency risk is one of the factors driving the recent rally in gold and silver. It’s no coincidence that the recent gold and silver rally started as the U.S. ramped up threats to seize Russian dollar assets. However, using the

It was another decent day in the Comex PMs, with CDG outperforming CDS again despite the selling pressure of the expiring Apr24 contract. Tomorrow brings the final trading day of the week, month and quarter as the Comex will be closed Friday in observance of the Good Friday and Easter holidays. As such, keep in

The Apr24 Comex gold finally goes off the board today and into “delivery” this evening. While this doesn’t mean that price will go straight up beginning tomorrow, at lease we’ll finally be done with all of the expiration-related selling pressure. We discussed this chart yesterday but it’s worth posting again. Four, consecutive days of selling

Seabridge Gold Inc. recently put out a report card, detailing which of its 2023 goals were met, and shared information about upcoming catalysts, including a potential JV partner. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) has issued its corporate Report Card based on 14 goals for 2023, including securing additional funding for securing “substantially started” status for its massive KSM

Two of the juniors on Global Analyst Adrian Day’s list reported year-end financial results last week, though in both cases, Day believes the financials were less important than other potential developments. Orogen Royalties Inc. (OGN:TSX.V) reported record revenue of $8 million for the year 2023 when it released preliminary fourth-quarter and full-year financial results. This

Technical Analyst Clive Maund shares an update on Atlas Lithium Corp. in light of this morning’s news that it secured a US$30 million strategic investment and offtake agreement from Mitsui. Two days ago, on the 26th, an article was posted about Atlas Lithium Corp. (ATLX:NASDAQ) making a strong case for buying the stock on both

Western Exploration Inc. CEO Darcy Marud gave an insight into recent updates at PDAC 2024. The CEO of Western Exploration Inc. (WEX:TSX.V;WEXPF:OTC), Darcy Marud, has touched on a major find at its Aura Project in northeastern Nevada. According to Marud during a presentation at PDAC (Prospectors & Developers Association of Canada) 2024, the site has

Weeks after Federal Reserve Chairman Jerome Powell evaded a sitting congressman’s questions about the central bank’s foreign gold holdings, the Fed has also declined to comply with a Freedom of Information Act request for records about such holdings. The Federal Reserve’s lack of transparency comes amidst reports that countries are removing their gold and other

After years of speculation, the Federal Reserve has released its so-called “Doomsday Book”—an internal document that outlines the vast power the central bank can claim during times of financial emergency. The Doomsday Book was recently released by the Fed in response to a Freedom of Information Act filed by finance professor Emre Kuvvet. Bizarrely, the