Trump Treasury Secretary pick Scott Bessent: ‘I think we’re in a long-term bull market in Gold’
Listen to the full podcast here: https://podcasts.apple.com/us/podcast/scott-bessent… CEO Technician – X
gold
Southern state is sitting on $150 BILLION reserve: could become ‘white gold’ boom town after $150 billion lithium reserve discovery
Arkansas is sitting on a $150 billion ‘hidden treasure’ trove of lithium that could meet the global demand for EV batteries by 2030. The US Geological Survey (USGS) found between five and 19 million tons of lithium in the Smackover Formation, which is nine times the amount needed to meet the ongoing electric vehicle demand …
The Bank of England sold 395 tonnes of gold, up 900%. Canada sold, up 120%.
From 1999 to 2002, the Bank of England sold around 395 tonnes of gold, over half of its reserves. Since then, gold is up over 900%. In 2016, the Bank of Canada sold nearly all of its gold reserves. Since then, gold is up nearly 120%. Have a great weekend. — Gold Telegraph ⚡ (@GoldTelegraph_) …
Burkina Faso to withdraw mining permits from foreign companies and will seek to produce more of its own gold.
Burkina Faso plans to withdraw mining permits from some foreign companies and will seek to produce more of its own gold, junta leader Ibrahim Traore said on Saturday, without specifying which permits could be cancelled. “We know how to mine our gold and I don’t understand why we’re going to let multinationals come and mine …
Markets may fall 50% as gold, silver soar. Evidence suggests growing likelihood.
“Stock markets to fall 50% or more as gold and silver rise by hundreds of percent. Quite a few people disagreeing with the attached post, and even saying 0% chance. Please study the evidence. It’s becoming highly likely” Stock markets to fall 50% or more as gold and silver rise by hundreds of percent. Quite …
Unlike Gold, Bitcoin is Not a Safe-Haven
Via JESSE COLOMBO Today was yet another day marked by geopolitical turmoil, much like many others over the past year. This time, the turmoil was triggered by Iran launching at least 180 ballistic missiles toward Israel, marking the largest missile strike against Israel in history. Israeli Prime Minister Netanyahu declared that Iran has made a grave mistake …
It’s Official: Russian gov starts buying palladium, platinum and silver (besides gold)
Russia will be buying its own palladium, platinum, silver and gold for the state fund. I didn't include silver in this table, but Russia had 1200 tonnes of Ag metal content mine production in 2023, nearly 5% of world production. pic.twitter.com/vWwxDtA6Ma — Tony Norfield (@StubbornFacts) September 30, 2024
ECB warns of 1920s-like pressures; global currencies devalue against gold, fueling crisis.
Christine Lagarde, the President of the European Central Bank, has indeed warned that the global economy is facing pressures reminiscent of the 1920s. She highlighted several factors contributing to this situation, including the aftermath of the COVID-19 pandemic, ongoing geopolitical tensions, and rapid technological advancements reshaping industries. These pressures are similar to those experienced in …
Alasdair Macleod: Record highs for gold, and silver soars
via Alasdair Macleod It has been an excellent week for gold and silver bulls. But is a correction now due, and if so, how deep and for how long? It looks like being severely limited. Gold continued to make new highs this week, today trading below yesterday’s best level of $2685 spot this morning in …
US PMI Disappoints: PMI Drops To 47.0, Lowest Since June ’23 As Prices RISE (Gold Soars!)
by confoundedinterest17 Washington DC Saturday Night! Or at least Monday night. 13 will get you 20, unless you are in Washington DC. S&P Global US Manufacturing PMI 47.0 (48.6 exp, 47.9 prior) – lowest since June 2023. Gold continues to soar! No, not cold sores, GOLD SOARS!
Gold: A significant move is imminent. The flight to safety is about to intensify.
Gold: A significant move is imminent. The flight to safety is about to intensify. pic.twitter.com/Nx4XrBvUym — The Great Martis (@great_martis) September 12, 2024 Cutting rates would be a colossal mistake. Below is comparison between 1975 and 2004. Arthur Burns flipped flopped on policy. Is history about to repeat itself? Stagflation ? Feedback welcome. pic.twitter.com/3clfHDgzek — …
Peter Schiff: “Gold is going to $10-20,000 an ounce!”
Peter Schiff was on the PBD Podcast recently and it was a FANTASTIC interview! Two intellectual heavyweights, Schiff and Bet-David having an excellent discussion about Gold, Bitcoin and the economy in general. You could learn a LOT from these guys…..I know I did! I loved every minute of it, but there are a few parts …
“Gold has outperformed Treasury bonds by 100% since March 2020, amid rising government spending.
2/ US government bonds have broken below a 40-year uptrend After experiencing one of the most aggressive bear market since the 1980s pic.twitter.com/FTPZvQuipe — Bravos Research (@bravosresearch) August 28, 2024 4/ Since March 2020, gold has outperformed Treasury bonds by +100% coinciding with rising government spending Government expenditures have gone from $3.4 trillion to nearly …
African Countries Are Turning to Gold… Goldman Forecasts $2,700 Gold On Resilient Chinese Demand
A growing number of African countries are turning to gold to hedge geopolitical risk and protect against currency losses. Nigeria, Uganda, Zimbabwe, Madagascar, and several other African nations have made moves to increase gold reserves, bring their gold home, and even back their currencies with the yellow metal. South Sudan is the latest country to …
Sky News host reacts to ‘lefties losing it gold’ on Kamala Harris
Mosaic of Kamala Harris, made out of the black men she kept in prison beyond their sentences to use as free labor for the State of California. pic.twitter.com/AsxM23o9jW — Billboard Chris 🌎 (@BillboardChris) July 21, 2024 Kamala Harris sentenced him to life in prison for killing his friend. He was innocent the whole time and …
Ukraine is a ‘gold mine’ – US senator Lindsey Graham Reveals
US Senator Lindsey Graham has made statements regarding Ukraine’s potential as a “gold mine.” During an interview on CBS’s “Face the Nation,” Graham accused Russian President Vladimir Putin of being a “megalomaniac” who aims to “re-create the Russian Empire by force of arms,” starting with Ukraine. He further claimed that if Moscow wins the current …
Central banks hoard gold; fiat devaluation accelerates. Gold’s rise inevitable, tech bubble bursts.
The gold rush of central banks. Today’s Michael Lewis “Big Short” opportunity is rather the ongoing devaluation of fiat currencies relative to real assets with limited supply, which are imperative to society either as commodities or sound money. pic.twitter.com/t6JZMmbAmm — Otavio (Tavi) Costa (@TaviCosta) June 1, 2024 I've been asked for years, "What is going …
Paper currencies are collapsing. Countries are becoming more hostile toward each other, and most nations are rushing to gold.
This week, we learned: • The United States plans to issue a bond backed by profits from frozen Russian assets. • Russia has seized €700 million of assets from three Western banks. • Russia and Iran are collaborating on creating a single BRICS currency. • Putin and Xi… pic.twitter.com/LqrXx9VMXv — Gold Telegraph ⚡ (@GoldTelegraph_) May …
Gold, copper both at all time highs, every commodity exploding higher as inflation set to storm right back.
Gold, copper both at all time highs, every commodity exploding higher as inflation set to storm right back. pic.twitter.com/8vcunH1zAF — zerohedge (@zerohedge) May 20, 2024 JUST IN: Gold prices rise to a new record high of $2,450, now up 23% in just 3 months. Gold prices are now up 35% since October, even outperforming the …
Measured In Gold, The Story Of America’s Declining Wages Is An Ugly One
“Workers’ wages buy less and less. In fact, workers have lost purchasing power during the past half-century. Comparing prices to wages, the Consumer Price Index (CPI) rose more than six times from 1965 to 2011—while the minimum wage rose less than five times. Professionals also suffered. According to the Engineering Workforce Commission, a senior engineer’s …
Is this an ad for gold?
"Modern Monetary Theory" people, or better to say clowns 🤡, finally found the right place to spread their (laughable) theoretical garbage, comedy shows! The funniest thing in this clip? She does not even figure out the hosts are making fun of her bs! 🤦 pic.twitter.com/Fap0BZVmyL — JustDario 🏊♂️ (@DarioCpx) April 24, 2024 Interest on US …
Gold, Silver, Oil all down – Market Futures mostly recovered – Bitcoin up
Imagine my surprise when I checked the futures this morning. Bitcoin halving in about 12 hours. https://finviz.com/futures.ashx “That is the only thing that has kept the doors open, so to speak, is the fact we are able to borrow an unlimited amount of money because we are the world reserve currency. Foreigners backing away from …
Investors are buying lots of gold, showing they’re worried about the stock market.
Investors are feeling nervous, as shown by the Goldman Sachs Panic Index hitting a high. Despite this, macro hedge funds are still heavily invested in U.S. stocks. Additionally, money managers are increasing their gold holdings, indicating a desire for safety in uncertain times. Goldman Sachs Panic Index jumped to its highest level since October pic.twitter.com/0WUIWvbsTa …
Federal Reserve warns of rate hikes if inflation persists; Rosenberg Research predicts $3,000 gold.
The Federal Reserve may need to raise interest rates if inflation doesn't cool down warns Federal Reserve Governor Michelle Bowman pic.twitter.com/D8FAhtlfge — Win Smart, CFA (@WinfieldSmart) April 6, 2024 Gold is headed to $3,000 according to Rosenberg Research pic.twitter.com/bY8wWUFbzy — Win Smart, CFA (@WinfieldSmart) April 4, 2024 Gold prices settled at a record high for …
As central banks stockpile gold, the dollar hits record lows. The stage seems set for a familiar narrative.
The economic downturn of the early 1930s led to a global debt crisis, which led to endless money printing, leading to global currency devaluations, which ultimately led to World War II. Read some history. — Gold Telegraph ⚡ (@GoldTelegraph_) December 7, 2021 The U.S. Deputy Treasury Secretary recently said that the strength of the U.S. …
Barrick (GOLD) Q4 Earnings Surpass Estimates, Sales Miss
Barrick Gold Corporation GOLD recorded net earnings (on a reported basis) of $479 million or 27 cents per share in fourth-quarter 2023. The figure improved from a loss of $735 million or 42 cents per share in the year-ago quarter. Barring one-time items, adjusted earnings per share were 27 cents. The figure beat the Zacks …
Gold: How DC Screwed You, and Now Itself
By Matthew Piepenburg 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) phrases. Reality Amidst Fantasy: Putin Speaks Of course, not everything is a lie—but in …
‘Silver is the new gold’ as Egyptians try to protect savings
CAIRO (Reuters) – 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 …
Bitcoin: A Digital IOU, Not an Asset or Digital Gold. Misunderstood by Majority of Holders.
#Bitcoin is a digital IOU! It is NOT an asset. It is NOT digital gold. It is a future claim on the use of the network. It is not very hard to understand if you question what you own… or don’t own. 99%+ of people who own $BTC have no clue what they hold. Ask …
Mexico’s silver output drops sharply; silver at historic undervaluation compared to gold.
Mexico's silver production is now declining double digits annually for the first time in almost a decade. Historical trends indicate that substantial contractions in new supply have presented excellent opportunities to invest in the metal. More importantly: Consider that… pic.twitter.com/TZGdLjcJJX — Otavio (Tavi) Costa (@TaviCosta) December 27, 2023