Sunday, May 5, 2024

JUST IN – U.S. inflation rises to 3.5%, hotter than expected.

What is happening? Dollar Tree is now $7 Tree and now this.

China Gold-Buying Frenzy Sparks Chaos In ETFs

from ZeroHedge:

For the second time in a week, trading in an ETF that owns gold companies was halted in China overnight.

The ETF’s price had gained over 40% in the past four sessions before falling 10% after trading resumed Monday.

“The lack of alternatives, and the fact that it’s become a lot more difficult than it was a few years ago to get your money out of China and invest elsewhere – I think that’s definitely helping gold,” said Nikos Kavalis, managing director at consultancy Metals Focus Ltd.

“Demand is pretty decent, considering where the price is.”

Very rare photos of the US army seizing the weapons of mass destruction in Iraq

Golds Breakout: Cause for Cheer or Concern?

from Peak Prosperity:

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

THE LINE IN THE SAND: THE WORLD IS WAKING UP TO ZIONISM — VLIET | CALLENDER

from SGT Report:

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What’s Driving Gold to All-Time Highs?

by Jesse Colombo, BullionStar:

After more than three years of stagnation, gold has awakened with a vengeance since early-March and has promptly surged by nearly $300 an ounce or 14% to an all-time high $2,330  a sharp move for a safe-haven asset that has a reputation for its slow and steady trends. Gold’s powerful rally came seemingly out of the blue and has confounded the majority of investors and commentators who have been much more focused on trendy speculative stocks and cryptocurrencies as of late. In this piece, I will explain several of the technical and fundamental factors that are driving gold to all-time highs, what is likely ahead for gold, and how investors can best take advantage of the yellow metal’s resurgence.

Debt From Above: The Carbon Credit Coup

by Whitney Webb and Mark Goodwin, Unlimited Hangout:

Latin America is quietly being forced into a carbon market scheme through regional contractual obligations – enforced by the satellites of a US intelligence-linked firm – which seeks to create an inter-continental “smart grid,” erode national and local sovereignty, and link carbon-based life to the debt-based monetary system via a Bitcoin sidechain.

Sweeping across the shores of Latin America comes a scheme from some of the most predatory figures in the venture capital ecosystem of the United States. It is a brazen attempt to assert foreign influence across Latin America and threatens to reshape the very fabric of the region and the day to day lives of its people.

Millennials Rush to Buy $2,300 Gold Bars at Costco

by Mish Shedlock, Mish Talk:

Costco periodically offers one ounce gold bars. They sell out immediately, scarfed up by millennials. Looking for other sources? I have one.

Gold Bars in the Shopping Cart

The Wall Street Journal comments on Gold Bars in the Costco Shopping Cart.

GoldSeek Radio Nugget – Dr. Marc Faber

from GoldSeek Radio Nugget:

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

Financial System Fragility & Wall Street Skimming: Great Taking Part 8

from Peak Prosperity:

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