Billionaires Buying Precious Metals
.Billionaires Buying Precious Metals
October 10, 2020
Silver could reach $500 over the next ten to twenty years?
James Anderson interviewed on Palisade Radio
Tom welcomes a new guest James Anderson, from SD Bullion. James discusses what led him to discover silver as a child and how he was lucky to learn both the Austrian and Keynesian schools of economic thought in college.
Silver and gold have performed very well this year, but that is expected with the massive stimulus programs. Gold and silver are currently consolidating, but there have been massive inflows of metal into exchange-traded funds. There is room for doubt as to where these ETF’s have managed to source these metals. JP Morgan’s recent fine of one billion for rigging metal prices likely represents just one week of “profits” during their eight years of price rigging.
The US Mint Is Hiking SILVER Prices
.The US Mint Is Hiking SILVER Prices
October 9, 2020 108 52734
Will Charge $67 For Each 1-Ounce Uncirculated American Silver Eagle Coin STARTING Tuesday, October 13!
“Prices for products containing silver will change EFFECTIVE October 13, 2020…re-setting silver prices is necessary”…
(by Half Dollar) No inflation, huh?
The US Mint even says below, to “cover rising costs”.
Regardless, here’s a little dandy that the US Mint would probably like to keep as much under wraps as possible.
From just today:
Silver , Gold and Reset News Saturday 10-10-2020
.How the Fed and ECB will let banks go bust in a new monetary reset
Life Growth Academy: Oct 8, 2020
Today we consider how the next banking crisis could lead to a new monetary reset and how the ecb and the fed could let the banks go bust.
For many years now the banking sector has been in dire straits.
The decision of government’s globally to shutdown their economies will unquestionably increase defaults of household and corporate borrowers placing enormous stress upon highly leveraged banks.
Indeed, banking stocks have sold off heavily dramatically reducing the equity held on the companies balance sheets. Undoubtedly, a huge risk is apparent in Europe
X22 Report Spotlight and SRU Thursday Afternoon 10-8-2020
.X22 Report Spotlight
[CB] Stimulus,Negative Rates Is A One Way Ticket To The Bottom, Gold Is The Insurance Policy: D Wilton
Oct 8, 2020
Dan talks about how gold is going to start to move up. As the [CB]s push stimulus and keep rates down in the negative territory it means only one thing, the race to the bottom.
he [CB] fiat currency will implode on itself and gold is the insurance policy to protect people from the fiat currency hitting rock bottom.
Gold is about to take off.
Lynette Zang, Mike Maloney and Pimpy "Silver and Gold" 10-7-2020
.Lynette Zang
And The Next Gold Rush Coming...
Streamed live 17 hours ago
With society and the economy now as volatile as it's ever been, everyone's hearing talk about stimulus and bail-ins & bailouts, as if those are even remotely close to a solution.
In this video, Lynette exposes the truth about the 9 biggest banks (including yours), who have everyone's investments leveraged by THREE TIMES THE ENTIRE GLOBAL ECONOMY!
She shows you what to expect with your investments being held under these banks, and explains the reality of the Next Big Gold Rush...
News, Rumors and Opinions Wednesday Morning 10-7-2020
.TNT:
Tishwash: Under Al-Kazemi's directives, the financial system releases the salaries of employees and finalizes the "white paper" for economic reform
Based on the directives of the Council of Ministers, Mustafa Al-Kazemi .. The Ministry of Finance announced the launch of employees ’salaries, starting Wednesday
Finance said in a statement that it looks forward to cooperating with the House of Representatives and the relevant authorities in order to develop quick solutions to address the current economic and financial crisis, noting at the same time that the financial pressure in the country will continue in the foreseeable future.
The statement indicated that Iraq is facing an economic emergency that will be bypassed by national unity and cooperation between all parties, indicating that the task force led by the ministry has completed the "white paper" for economic reform, and is about to finalize the balance of two thousand twenty-one thousand and twenty-three.
Jim Rickards, Jim Willie and Mike Maloney "Silver and Gold" 10-4-2020
.Jim Rickards "Why Gold Will Hit $5,000 Soon"
Sep 27, 2020
Jim Rickards (sometimes referred to as James Rickards) is a popular financial commentator, often known for his interesting contrarian point of view on current market and global economic conditions.
Finally. Proof That Precious Metals Prices Have Been Manipulated
.Finally. Proof That Precious Metals Prices Have Been Manipulated…
Notes From The Field Simon Black, Sovereign Man
October 1, 2020 Bahia Beach, Puerto Rico
Some time in the mid 3rd century BC, King Hieron of the ancient Greek city-state of Syracuse (in modern day Sicily) ordered a local goldsmith to forge a new, beautiful, golden crown.
But when Hieron was presented with the crown, it didn’t feel quite right.
The King suspected that the smith had put some of the gold in his pocket, and instead fashioned most of the crown out of lesser metals. But this was just a suspicion. He needed proof.
So he approached the smartest scientist in his kingdom-- Archimedes-- and asked him to figure out whether or not the crown was actually made of pure gold.
Silver’s Brilliant Year Validates Longtime Bugs’ Enthusiasm
.Silver’s Brilliant Year Validates Longtime Bugs’ Enthusiasm
Eddie Spence September 6, 2020
(Bloomberg) -- Ned Naylor-Leyland has been all-in on silver for 18 years, earning derision along the way from fellow investors favoring the more glamorous gold. Now, with silver’s price skyrocketing 51% this year, he’s got reason to feel vindicated.
The manager of the $1 billion Merian Gold and Silver Fund in London proudly calls himself a “silver bug,” a term describing an investor whose fervor for the precious metal is more extreme than the typical bullion enthusiast’s. The bugs foresee a crash of the fiat cash system in the aftermath of unprecedented monetary stimulus, putting silver back in play as a viable currency. Their core tenet is that gold’s cheaper, more volatile cousin will continue surging in value.
“I’ve been waiting since 2002 for the inevitable demise of this monetary system,” Naylor-Leyland said. “I’ve been standing there waving on the top of a hill for the last 20 years, and suddenly everyone’s pointing at me saying, ‘That man’s a genius.’”
Turkey Hit By Bank Runs, Currency Panic As Locals Sell Their Cars And Houses To Buy Gold
.Turkey Hit By Bank Runs, Currency Panic As Locals Sell Their Cars And Houses To Buy Gold While Lira Implodes
by Tyler Durden Sat, 08/15/2020 - 23:30
It has been an miserable five years for Turkish citizens who have seen their purchasing power slashed by more than half, and it's only getting worse.
The Turkish lira has cratered against the dollar and most developed currencies, plunging from 3 TRY per dollar, to a record low 7.37 last week after a brief and valiant attempt at imposing shadow capital control by Erdogan (who is now de facto head of the Turkish central bank) failed miserably at the end of July, and not even a draconian hike in overnight funding rates above 1000% last week (to crush the shorts) was able to prevent a plunge in the Lira to new all time lows.
As their currency implodes (in a nation that is becoming increasingly more "banana" with each passing day as Erdogan solidifies his takeover of every government institution, in the process turning off any potential foreign investors) Turks are discouraged from material purchases of dollars to hedge the collapse in their native currency due to some of the strictest capital controls on the planet, which has left them with just one option.
How COVID-19 Shutdowns Impact the Gold Supply Chain
.How COVID-19 Shutdowns Impact the Gold Supply Chain
Visual Capitalist.Com By Nicholas LePan
Chains are only as strong as their weakest link—and recent COVID-19 shutdowns have affected every link in the gold supply chain, from producers to end-users.
Increased investor demand for gold coupled with a constrained supply has led to high prices and a bullish market, which has been operating despite these pressures on the supply chain.
Today’s infographic comes to us from Sprott Physical Bullion Trust and it outlines the gold supply chain and the impacts COVID shutdowns have had on the gold market.