The GoldSilver Team SEP 8, 2023 This month, we’re shining a spotlight on silver. Did you know that in over 14 languages, the word for “silver” is synonymous with “money”? That’s no coincidence… It’s far more than your ordinary metal, silver is a versatile marvel that has fascinated humanity and been used as money for thousands […]
Why Silver Is One Of The Most Important Elements On Earth Read More »
15 June 2023 By Lynn Bonner, ncnewsline.com: North Carolina House Republicans want the state to use some of its savings to buy gold bullion and bury it in Texas. A group of House Republicans filed a bill in mid-April that would have the state use $2 billion from its savings reserve to buy gold bullion.
NC House Republicans want state savings held as gold bullion Read More »
14 June 2023 By Dave Kranzler, kinesis.money: In my opinion, the precious metals sector is beginning to “sniff” the prospects of a likely reversal in the Fed’s monetary stance, possibly before the end of 2023. Recently, I presented the argument that, based on the set-up between the bank net short position and the hedge fund
Latest Gold & Silver Market Developments: Into Q3 2023 Read More »
14 June 2023 By James Rickards, dailyreckoning.com: The de-dollarization story is everywhere. You see it in publications from The New York Times to The Economist and in financial media including CNBC, Fox Business and Bloomberg. The idea is that countries around the world are preparing to ditch the dollar. This takes many forms including efforts by China to pay
1 April 2023 By Frik Els, Mining.com: A new report by BMO Capital Markets has a trenchant chart showing just to what extent mining companies – flush with cash – are opting to return money to shareholders rather than build new mines. Global mining’s enthusiasm for brown and greenfield projects has fizzled over the last decade despite near universal
Demand is soaring, but global mining is not expanding Read More »
22 March 2023 By Neils Christensen, Kitco News: (Kitco News) – The gold market is again looking for a sustained push above $2,000 an ounce as investors look for safe-haven assets to shield themselves from the biggest global banking crisis since the 2008 Great Financial Crisis. In a recent interview with Kitco News, Willem Middelkoop,
10 March 2023 By ZeroHedge, OilPrice.com: After charting the highest level of net gold purchases on record in 2022, central banks started out 2023 right where they left off. Central banks globally added another net 77 tons to their gold reserves in January, according to the latest data compiled by the World Gold Council. It was a 192% month-on-month
10 March 2023 Rob McEwen, Executive Chairman of McEwen Mining, and Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, discus how the devaluation of fiat currencies could push gold to $5k per ounce by 2027, and another metal will gain by 1,000%. McEwen also discusses his copper mine’s deal with automaker Stellantis and multinational
Silver Will Be 10X by 2027 as Gold Hits $5K: Rob McEwen Read More »
7 March 2023 By Angus Grigg, Ali Russell, Stephanie Zillman and Meghna Bali, abc.net.au: The historic Perth Mint is facing a potential $9 billion recall of gold bars after selling diluted or “doped” bullion to China and then covering it up, according to a leaked internal report. Key points: Four Corners has uncovered documents charting the
Perth Mint sold diluted gold to China, got caught, and tried to cover it up Read More »
4 March 2023 By Jon Wolfenbarger, mises.org: Over one hundred years ago, Austrian economist Ludwig von Mises discovered what causes the boom-bust business cycle. As Mises explained, the boom is caused by central and commercial banks creating money out of thin air. This lowers interest rates, which encourages businesses to borrow this newly created money to
