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
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 »
3 March 2023 By Krishan Gopaul, gold.org: Central bank gold demand in 2023 picked up from where it left off in 2022. In January, central banks collectively added a net 31 tonnes (t) to global gold reserves (+16% m-o-m).1 This was also comfortably within the 20-60t range of reported purchases which has been in place over the
14 February 2023 By Anna Golubova, kitco.com: Gold will increase in value while the U.S. dollar drops, said Paulson & Co. founder John A. Paulson. And that is the hedge fund manager’s outlook for this year, the next three years, and the next five years. “There has been a significant increase in demand from central
18 Jan 2023 By Aitana Villegas, Diario AS: A group of experts have concluded that the current increased production rate will lead to the depletion of some finite resources, including gold. Just how scarce are our gold reserves? Well, a group of scientists have set a date for the disappearance of the rare metal, and that
When will Earth run out of gold? Scientists predict a golden end date Read More »
18 Jan 2023 By MISH, Mish Talk Here’s yet another idea on how to break US dollar hegemony. Can this one fly? CoinTelegraph reports Iran and Russia Want to Issue a New Stablecoin Backed by Gold The Central Bank of Iran is reportedly cooperating with the Russian government to jointly issue a new cryptocurrency backed by
Iran and Russia Want to Create a New Stablecoin Backed by Gold Read More »
