The gold & silver prices exploded higher today, and with the tremendous amount of activity on social media, I thought it a good idea to do a quick update. Anytime we see gold go up $50 and silver $1.00+ in a single day, it provides a lot of optimism for precious metals investors…
With the world experiencing the highest inflationary pressures in fifty years, central banks purchased the most gold since 1967… and this is just in the first three quarters of 2022. I believe we are seeing a significant trend-change in central bank gold purchases and sales…
Something BIG is happening with Gold & Silver coin premiums. This week, I decided to focus this Metals Update just on the Big Trend Change in precious metals premiums. Most of the gold and silver coin premiums are seeing the highest levels ever… and there ISN’T a FINANCIAL CRISIS…
Not only is there a global food shortage, even when there is food available, many countries are struggling to afford it because of the collapse of their currencies versus the U.S. Dollar. And, on top of that, the extremely high energy prices continue to gut the global economy…
With the escalation of the Ukraine War after the Russian-Crimea Bridge was attacked, all bets are off for low oil prices. Add to this the Saudi-OPEC oil cut, and we have a recipe for disaster in the oil markets. Also, as the U.S. Dollar heads higher along with the oil price, countries are being destroyed left and right…
While the Fed and central banks are being blamed for Blowing Up Markets worldwide, the real culprit is the Energy Cliff. Unfortunately, economists and central bankers are too busy, just trying to keep the lights on, to realize there is no policy solution to the Energy Cliff…