Bullion Blog

The only option left for a debt-soaked banana republic like the U.S. is to look in the mirror and… by Matthew Piepenburg via Gold Switzerland What the U.S. in particular, and the West in general, are failing to confess is that today’s so-called “Developed Economies” are in actual fact more like yesterday’s debt-straddled Emerging Market […]

The endless drought in the Southwest has become a full-blown national emergency… by Michael Snyder of End Of The American Dream The endless drought in the Southwest has become a full-blown national emergency.  If Lake Mead, Lake Powell and the Colorado River keep drying up at the rate they have been, millions of Americans could

If it ain’t broke, don’t fix it… (by Half Dollar) The Employment Situation Report has just been released for the month of June, 2022. According to the BLS, in the US, in June of 2022: Total employment increased by 372,000 Unemployment rate was unchanged at 3.6% Average hourly earnings rose by $0.13 per hour If

Independent financial analyst Matt Badiali reviews the current bear market in junior mining stocks, profiling Vizsla Silver, Arizona Sonoran Copper Company, and Cross River Ventures Corp. to tell you which stock’s risks are worth the reward. There’s a bear market in junior mining stocks today. Investors are afraid and that overshadows everything. It’s making great

The month in summary: Developed market shares gained in July as investors began to focus on the prospect of interest rate cuts next year, given signs of a slowing global economy. Growth stocks were the main beneficiaries, with strong gains in July after poor performance year-to-date. However, emerging market equities lagged amid weakness in China.

The month in summary: Developed market shares gained in July as investors began to focus on the prospect of interest rate cuts next year, given signs of a slowing global economy. Growth stocks were the main beneficiaries, with strong gains in July after poor performance year-to-date. However, emerging market equities lagged amid weakness in China.

Back in the 1970s, the New York congressman and later vice-presidential nominee Jack Kemp was a fierce critic of President Jimmy Carter’s policies that produced soaring prices. Kemp said that the Carter administration was so clueless that its officials apparently thought “inflation was caused by many, many, different things, all of which are acting and

Back in the 1970s, the New York congressman and later vice-presidential nominee Jack Kemp was a fierce critic of President Jimmy Carter’s policies that produced soaring prices. Kemp said that the Carter administration was so clueless that its officials apparently thought “inflation was caused by many, many, different things, all of which are acting and

Is it premature to make this call? by Keith Weiner of Monetary-Metals Something has happened which has not occurred since 2009. The silver basis—our measure of abundance of the metal to the market—has gone way under the gold basis. This means silver is less abundant to the market than gold. Here is the picture. The

There’s a pretty good chance that the general direction of gold & silver prices will have changed, and with it, our overall…  by Craig Hemke via Sprott Money News As Q3 begins, the narrative of higher U.S. interest rates and a soaring dollar continues. But what will the narrative be by the end of Q3?

Debt and deficits do matter, and we are about to find out how much they… by Jeff Deist via Mises In fiscal year 2020, at the height of covid stimulus mania, Congress managed to spend nearly twice what the federal government raised in taxes. Yet in 2021, with Treasury debt piled sky high and spilling over $30 trillion, Congress

This article was contributed to us by Sherry Goh,Global Expansion Manager and Country Manager for Singapore, Luno. Despite many acknowledging Bitcoin as a form of “digital gold”, the recent fall of Bitcoin’s price to below US$20,000 in tandem with the wider market downturn may have proven otherwise. The volatility of cryptocurrency is something that investors

Taseko Mines Ltd.’s shares traded 10% higher after the mine developer and operator reported that last month prior to the recent downturn in raw copper prices it had secured contracts for H1/23 for an additional 30Mlb Cu at prices ranging from $3.75-4.20/lb Mine developer Taseko Mines Ltd. (TKO:TSX; TGB:NYSE.MKT), which owns and operates mines in

“Gold to central bankers is like the sun to vampires.” This week an intriguing and eye-opening article by the well-known Peter Hambro was published by British economics and politics news site Reaction. The article, which is titled “Don’t forget the golden rule: whoever has the gold makes the rules” is intriguing and eye-opening for a

We must have had huge speculator short position additions… by Harvey Organ of Harvey Organ Blog GOLD CLOSED DOWN $36.55 TO $1764.95 AS THE BIS IS NOW MASSIVELY COVERING ITS SHORTS//SILVER IS DOWN 55 CENTS TO $19.19 AS OUR SPECULATORS ARE MASSIVELY SHORT WITH OUR COMMERICALS ON THE LONG SIDE//PLATINUM DOWN $18.95 TO $863.95//PALLADIUM DOWN

The Critical Investor discusses the first results of deep drilling aimed at the Campbell Shear with CEO Gerald Panneton. It took quite a bit of time before Gold Terra Resource Corp. (YGT:TSX.V; YGTFF:OTC; TXO:FRANKFURT) released the first results of their much anticipated deeper drilling of the Campbell Shear, but on June 27, 2022 holes 029

The leftist president-elect of Colombia has promised to halt new gas and oil development. But the government has highlighted the importance of finding new forms of energy for the green transition, and one analyst says copper will play a big role in that future. Gustavo Petro was elected as Colombia’s first leftist president on June

June and early July have often proven desolate sentiment wastelands for precious metals, devoid of… by Adam Hamilton of Zeal LLC Gold, silver, and their miners’ stocks suffer their weakest seasonals of the year in early summers.  With traders’ attention normally diverted to vacations and summer fun, interest in and demand for precious metals usually

Consumers are in a state of shock as price factors continue to skyrocket… by Chris Vermeulen of The Technical Traders As the Fed continues to posture future rate increases to battle inflation, recent economic data shows Consumers are in a state of shock as price factors continue to skyrocket. Food, gas, materials, etc have shot

We’re on the cusp of deflation, and deflation will send gold, silver and the miners to new highs… by David Brady via Sprott Money While everyone is focused on inflation, it is becoming increasingly clear that we’re on the cusp of deflation in everything but necessities such as food and energy. It is also convenient

What would be a positive sign and at what price to buy the breakout? by Morris Hubbartt  Super Force Signals A Leading Market Timing Service We Take Every Trade Ourselves! Email: [email protected] [email protected] Here are today’s videos and charts. The videos are viewable on mobile phones as well as computers. Double-click to enlarge the charts.

Expert Adrian Day looks at the state of the market after this year’s 23% decline and discusses the risk of more possible downturn. Find out which companies he thinks are a buy — and which ones need to fly off your radar. There is still considerable downside in U.S. stocks. We could see this through

Source: Michael J. Ballanger  (7/5/22) Expert Michael Ballanger reviews recent movements in the mining and precious metals market and what moves he plans on making as we wait and see whether the Fed will pivot. When I first began writing about markets back in 1987, I decided that I would try my utmost to avoid political

VANCOUVER, BC, July 5, 2022 /PRNewswire/ – Wheaton Precious Metals™ Corp. (“Wheaton” or the “Company”) is announcing that it has entered into a definitive agreement with Hecla Mining Company (“Hecla”) (NYSE: HL) to terminate its silver stream on Alexco Resource Corp.’s (“Alexco”) (NYSE American: AXU) (TSX: AXU) Keno Hill Silver District (“Keno Hill”) in the

As Joe Biden’s presidency descends into free-fall with voters, the economy may be on the verge of collapsing in similar fashion. All presidents make mistakes, whether it’s failing to limit the growth of the federal budget or being unable to anticipate turns in the economic cycle. But the Biden administration has been unique in consistently

One of the BIGGEST LIES in financial history was the Fed’s claim that… by Graham Summers of Gains, Pains, & Capital The Fed’s lying again. One of the BIGGEST LIES in financial history was the Fed’s claim that there was no inflation or that inflation was transitory in 2021. How do I know this was

What does it all mean for the gold market? by Arkadiusz Sieron of Sunshine Profits Powell said before the Senate that he didn’t want a recession. Who would? However it can occur anyway, boosting gold prices. “The Economy Is Strong” Last week, Powell testified before Congress. He reiterated many things he said during his recent press

You’ve seen placer gold being mined on Gold Rush, Discovery’s gold mining TV show. But one junior explorer just announced that it’s started to commercially mine placer gold in south-central British Columbia from a pay channel underneath Lightning Creek. At least one analyst thinks that makes this junior a Speculative Buy. After a long wait

Real deflation, both monetary inflation and price inflation, is necessary, and that can only be accomplished if… by Ryan McMaken of Mises Institute Real wages are falling, inflation is at a forty-year high, and the Atlanta Fed predicts we’ll find GDP (gross domestic product) growth at zero for the second quarter. Meanwhile, both the yield curve and

Hope is not an investing strategy… by Gary Tanashian from Notes From The Rabbit Hole These daily charts are flipped over to a view that is ‘anti’ their normal selves I have often referred to the improbably bullish (to many; NFTRH has tracked and respected the bullish dollar for a year now) US dollar as an anti-market,