Saturday, April 20, 2024

UBS Analysts Trigger Outrage With “Unbelievable” Gold Forecast

from Birch Gold Group:

This week, Your News to Know rounds up the latest top stories involving precious metals and the overall economy. Stories include: Sky-high gold forecasts by top names, why the Middle East escalation proves gold’s run isn’t driven by military conflict and could a surprise interest rate hike push gold’s price down?

Global banks revise gold price forecasts, raising eyebrows everywhere

A recent call for $4,000 gold has been made. Which of our “usual suspects” was behind it? Frank Holmes? Alasdair MacLeod? Putin?

This Is The Weapon That Is Being Used To Destroy America’s Middle Class

by Michael Snyder, The Economic Collapse Blog:

The middle class in the United States has been steadily shrinking, and the gap between the ultra-wealthy and the rest of us has grown to absurd proportions.  But it wasn’t always this way.  When I was growing up in the 1980s, it seemed like almost everyone was middle class.  Of course there were wealthy people and poor people in the 1980s too, but the vast majority of the population was comfortably somewhere in the middle.  Sadly, things have changed so much since that time.  Today, most of the people that I know are struggling.  According to a report that was just released, in all 50 states it now takes an income of more than $100,000 in order for a family of four to live “the American Dream”…

CRIMINAL CARTEL LAUNCHES WW3 TO MASK COLLAPSE — DAVID MORGAN

from SGT Report:

As Iran launches drones and missiles at Israel and Israel threatens to defend itself with nukes, the world teeters on the edge of a contrived WW3 brought about by the same international banking cartel which is bankrupting the entire world with fiat printing presses. The silver guru David Morgan joins me to discuss the truth about gold, silver & Bitcoin.

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The Sizable Gold Futures Market

by Craig Hemke, Sprott Money:

About a decade ago, the organization Wikileaks unearthed and released a very interesting memo from December of 1974. Given the counter-intuitive price action of last Friday, I thought it might be instructive to review again what Wikileaks found.

First let’s review the timing of the memo. As you can see below, it’s dated December 10, 1974. Why is that important? COMEX gold futures trading began on December 31, 1974.

COLLAPSE & NEW MONETARY ORDER INCOMING — ANDY SCHECTMAN

from SGT Report:

President of Miles Franklin and friend of SGT Report returns to discuss the collapse of fiat currencies around the globe, and the rise of silver, gold and Bitcoin.

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Harder Times Ahead – Economic Trends Warn Americans to Prepare Now

from Birch Gold Group:

One thing is certain in these strange times: The rate of Bidenflation just doesn’t seem to be cooling off by any stretch of the imagination.

In fact, it’s likely to outlast Biden’s entire four-year presidential term.

Keeping an eye on the latest inflation rate is important because any lost purchasing power doesn’t come back once it’s been taken from you.

So let’s take a deeper look…

According to the latest official CPI update, consumer prices are starting to heat up yet again, much like they did between June-September of last year:

BRICS should create alternative international monetary system – envoy

from RT:

The bloc’s members should work together to strengthen their economies, Ethiopian Ambassador Cham Ugala Uriat has told RT

It is vital for BRICS to create an alternative international monetary system, the Ethiopian ambassador to Russia, Cham Ugala Uriat, has told RT in an exclusive interview.

Uriat stated the bloc’s members should collaborate to enhance their economies and create a new alternative to the International Monetary Fund (IMF).

China switches strategy from stacking Gold to “Take all the Silver.” Sticking it to US short sellers and market riggers.

by Jon Forrest Little, Silver Seek:

Reddit Apes started #SilverSqueeze movement but we ain’t nothing. It’s all About China and their Unified Focus. Watch TikTok fuel the Real Silver Squeeze.

  1. There are 1.400.000.000 Chinese citizens.
  2. Just starting this week, the Chinese government is advertising and telling its loyal people to buy Silver instead of Gold.
  3. Their orders in the past year were to stack Gold, as we reported in November 2023.
  4. Silver and gold stacking is the cornerstone of their crafted and clever strategy of economic warfare.
  5. They understand that US bankers, the Federal Reserve, and the Silver Institute have all been rigging Silver prices for decades despite dwindling silver inventory.

Fully Jabbed K-Pop Star Park Bo Ram Drops Dead After Fatal Heart Attack

by Sean Adl-Tabatabai, The Peoples Voice:

K-Pop star Park Bo Ram has been found dead after suffering a sudden heart attack just weeks after receiving an mRNA booster.

According to police, Park was with two other women at her friend’s house in Seoul on Thursday when she suffered a massive and fatal cardiac arrest.

Dailymail.co.uk reports: She was rushed to hospital, but died at 11.17pm, about an hour after she was found.

HOW TO [LEGALLY] OPT OUT OF TAX PRISON — RETIRED DOCTOR K.L.

from SGT Report:

As the April 15th tax deadline approaches Retired doctor KL returns to SGT Report to discuss the LEGAL steps YOU can take NOW to opt out of the taxation prison forever. Thanks for tuning in!

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The bullish factors behind silver’s rise

by Alasdair Macleod, GoldMoney:

In recent weeks, silver’s price has been remarkably strong, threatening to break out above the levels established in August 2020. The long-term chart certainly looks positive.

Could we be witnessing a major turning point for silver?

This increasing possibility is tied up in evidence that fiat currencies are descending into debt-driven chaos, and that the future will favour currencies linked to gold. All my research confirms that gold is the monetary proxy for commodities and energy. But throughout most of post-mediaeval history, silver had a similar role when the gold/silver ratio was between fourteen and sixteen times. That relationship ended in the early 1870s, following the Franco-Prussian war when gold reparations from France allowed the German victors to migrate from a silver to a gold standard.

RAFI FARBER: WE’RE ROUNDING THE CORNER TO THE END GAME SPRINT

from Arcadia Economics:

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Economic Armageddon, Forced CBDC, BRICS, and more w/ Andy Schectman

from Sarah Westall:

TRUTH LIVES on at https://sgtreport.tv/