Today’s Geopolitical Forces Driving Gold Higher

The spreading Middle East conflict is now one of the dominant forces driving gold and silver higher – alongside thriving central bank demand and the growing deficit of silver production. The path to $50 silver seems clear – here’s what’s next… Image CC BY 2.0 via New Zealand Defence Force From Peter Reagan for Birch Gold …

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Americans see today’s economic conditions as worse than 2009, surpassing COVID crisis concerns.

100% Banks are sitting on over $600B of unrealized losses — Vimos_crypto (@Vimos_crypto) September 17, 2024 "The global economy is past the cyclical peak as it decelerates from its above-trend momentum on a slew of weaker-than-expected economic data." – BofA Samadhiya pic.twitter.com/X9nbWAO8MV — Win Smart, CFA (@WinfieldSmart) September 17, 2024

Watching the Fed: Why Today’s CPI Could Be Bad News for Stocks

by bitkogan I’ve been watching this chart for a while. It’s good that the percentage of Domestic Banks Tightening Standards is low. However, a year ago, it was over half, and things have only tightened further since then. Historically, every time this indicator crossed the halfway mark, a recession followed—either during the peak or right …

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ANDY KESSLER: The Tyranny of Today’s Tipping: When did it become expected to shell out a 25% gratuity for soggy takeout fries?

The screen reads: “Add a tip: 18%. 20%. 25%.” For a takeout sack of burgers and soggy fries? C’mon. It takes extra taps to change it to 10% or zero. Instead, we sheepishly tip and feel resentful. Using Internal Revenue Service data, I extrapolate that tipping has almost doubled since 2013, when San Francisco-based Square …

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Excellent rant on today’s travesty of just justice in New York.

Indeed, great damage was done today to the public’s faith in the American legal system. If a former President can be criminally convicted over such a trivial matter – motivated by politics, rather than justice – then anyone is at risk of a similar fate. https://t.co/zrHCyIZazh — Elon Musk (@elonmusk) May 31, 2024

If inflation is 3%, why do home buyers need to earn 80% more than they did in 2020 to afford a home in today’s market

https://finance.yahoo.com/news/homebuyers-need-to-earn-80-more-than-they-did-in-2020-to-afford-a-home-in-todays-market-090055980.html They can redefine recession, change how and what CPI numbers measure, but they can’t redefine prices without actually putting more buying power into wallets. At the end of the day, manipulating reported numbers is just covering up for a problem that will get worse the longer it is swept under a rug instead of …

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Today’s earnings include Intel ($INTC), Google ($GOOGL), Microsoft ($MSFT), Snap ($SNAP), Roku ($ROKU), and more.

Today's earnings include Intel, $INTC, Google, $GOOGL, Microsoft, $MSFT, Snap, $SNAP, $ROKU, and more.https://t.co/lNGVHeG6RW pic.twitter.com/sjnPDmr4Id — unusual_whales (@unusual_whales) April 25, 2024 Of course, these stocks added trillions of market cap in their run ups to new all time highs. However, so far, the decline has been just as fast as the move higher. Not exactly …

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This pretty much explains today’s society

This pretty much explains today's society pic.twitter.com/SBc3uiE9bM — idgf (@idgfstan) March 11, 2024 This triggered little loser Jimmy Kimmel – 😂 pic.twitter.com/hRMjbR6NXc — Catturd ™ (@catturd2) March 11, 2024 There’s a rule in Hollywood. You can be racist and wear black face. You can fat shame women. You can even stomp on a Mexican immigrant’s …

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Soft Landing Is A Lie: Record-high Pessimism As 66% Of Americans View Today’s Economy Worse Than 2008 Crash And 2020 Lockdowns Amid Persistent Inflation.

https://twitter.com/GregCrennan/status/1737172258467254709 Christmas spending increases due to inflation concerns; 24% cite inflation as the reason, while 37% cut expenses, blaming inflation, up from 15% last year. The surge in homelessness, reaching a staggering 653,104 people, unveils a heartbreaking reality in the U.S. Declining assistance packages and a shocking +20% increase in shelter costs since the pandemic …

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Wall Street CEOs at today’s Banking hearing claimed that the sky was falling again with incomplete and misleading testimony.

via bettermarkets: Dennis M. Kelleher, Co-founder, President, and CEO of Better Markets issued the following statement in response to the testimony of Wall Street’s CEOs today before the Senate Banking Committee. “Wall Street’s CEOs testified before the Senate Banking Committee today as if they were the chief employment and economic growth officers for the United States …

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“The rule of law continues to decline all across California. Today’s case in point: Oakland Bay, where actual pirates are stealing and plundering ships.”

Newest Sign of California’s Decline: Pirates The rule of law continues to decline all across California. Today’s case in point: Oakland Bay estuary, where actual pirates are stealing and plundering ships: In Oakland estuary, “the threats of pirates have risen to a new level.” A few weeks ago, they were coming in off the water to steal …

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Uncoordinated central banks causing risk in today’s economic climate.

The biggest risk that today's pundits are universally ignoring is the fact that unlike during the pandemic, all of these central banks are now totally uncoordinated in their actions – some pausing, some tightening, some easing. Which will make this a TOTAL CLUSTERFUCK. pic.twitter.com/JDo7PGE1NF — Mac10 (@SuburbanDrone) August 16, 2023 Global tightening, debt, tech bubbles, …

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USA Today’s ‘fact check’ is dishonest from the start. Although the ‘fact check’ presents several images, the tweet being attacked is not one of them. The tweet is merely linked and quoted.

USA Today doesn't like my tweet from last month👇and tries to 'fact check' it. https://t.co/IXx41wcNwX Let's walk through USA Today fact-checker Kate Petersen's effort. 1/ pic.twitter.com/8QbMtAiebp — Steve Milloy (@JunkScience) August 8, 2023 The USA Today 'fact check' reports that the satellite data among NOAA and NASA program vary. First, all satellite temps are processed …

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This market melt-up is in the glue sniffing stages… Today’s pundits all make linear predictions. No one is willing to say this WILL all explode. Because they could lose credibility.

This market melt-up is in the glue sniffing stages. It won't be pretty on the way down. Momentum in. Momentum out. pic.twitter.com/z3tlx4DAe8 — Mac10 (@SuburbanDrone) July 28, 2023 Today's pundits all make linear predictions. No one is willing to say this WILL all explode. Because they could lose credibility. So, they risk everything instead. The …

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Today’s reversal for the Dow caused media pundits to question why it didn’t have a record 14th consecutive up day.

A very ugly reversal for stonks today. Media pundits scrambled to figure out why the Dow didn't have a record 14th up day in a row. Probability .00001%. When it's going to happen it happens, and media bystanders attach a headline, to seem intelligent. pic.twitter.com/QVQqpuOsgN — Mac10 (@SuburbanDrone) July 27, 2023 Another significant selloff in …

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