Something totally shocking took place last week, and it seems like no one really noticed. Actually, I am quite surprised when I saw the data as it was the biggest change in the U.S. money supply… EVER. And, I am not exaggerating. Investors need to be very concerned now…
With the precious metals prices are still consolidating, copper looks ripe for a correction lower. Currently, copper holds a record amount of commercial short positions, the highest in over 25 years. While the copper price may move higher, it will likely experience a correction soon as several indicators…
According to the Washington Post article published yesterday, Denmark was the first major oil-producing country to announce a deadline to end oil extraction. While this may sound like a “Victory” for the Green Energy Movement, there’s a catch. While Denmark announced that it would end…
There’s no coincidence that the end of cheap monetary gold took place in 1970. It was also the year before U.S. President Nixon dropping the Gold-Dollar Peg. So, why did the era of cheap monetary gold end in 1970? Well, there were several reasons, but one factor that seems…
As the U.S.’s underlying economic conditions continue to deteriorate, watch for a major disruption in the market to occur in 2021. Millions of Americans may lose their emergency unemployment benefits while a record number faces eviction notices at the beginning of the year. While the Federal government…
The surge in the gold and silver prices today was the result of the large Dollar sell-off. The U.S. Dollar has been trading off an important support level for the past four months, but finally broke below it today, causing a nice really in the precious metals. Gold was up $40…
Investor demand for precious metals remains strong as the U.S. Mint Silver Eagle sales in November were the highest in nine months. Not only were Silver Eagle sales the highest since March, when the pandemic caused investors to wipe-out inventories, but Gold Eagle sales also jumped by another…