Friday, May 27, 2022

Comex Countdown: Gold Shows Strength while Silver Sees Cash Settlement

by Peter Schiff, Schiff Gold:

This analysis focuses on gold and silver physical delivery on the Comex. See the article What is the Comex for more detail.

Silver: Recent Delivery Month

Silver is wrapping up May which is a major month contract on the Comex. Delivery volume has been falling and resumes the downward trend that has been ongoing for a year. As the chart below shows, December and March now appear to be anomalies rather than a change in trend (for now).

CHINA TO BUY CHEAP RUSSIAN OIL FOR ITS RESERVES AND NO DOUBT WILL PAY FOR IT WITH GOLD

by Harvey Organ, Harvey Organ Blog:

GOLD UP $7.75 TO $1844.20//SILVER DOWN 20 CENTS TO $21.69//PLATINUM UP $15.10 TO $965.95/PALLADIUM DOWN $56.10 TO $1959.15//COVID UPDATES/ VACCINE IMPACT//CHINA TO BUY CHEAP RUSSIAN OIL FOR ITS RESERVES AND NO DOUBT WILL PAY FOR IT WITH GOLD//RUSSIAN ROUBLE HITS A 7 YEAR HIGH//RUSSIA NOW CUTS OF FINLAND FROM ELECTRICITY

Beyond Beans Bullets and Band-Aids, Part 2, by Todd Albertson

by Todd Albertson, Survival Blog:

(Continued from Part 1. This concludes the article.)

Have a Plan

The key to preparing for a disaster —both emotionally and physically—is to plan ahead of time. Make sure you know what your role is during a disaster. During an actual emergency, you may be literally incapable of thinking clearly as life suddenly and drastically changes. Knowing what to do should this happen can lessen your anxiety during an emergency. Being less anxious can help you think more wisely and logically and thus reduce the risk of injury or death.

The Solution for Social Media Spam Bots Is Already Here

by Charles Hugh Smith, Of Two Minds:

The right of free speech should not be confused with an obligation for privately owned enterprises to allow spamming and spoofing under the guise of free speech.

The problem of bots on Twitter is in the news. This is of course a problem in all social media: fake accounts, spamming accounts, spoofing (expropriating your identity) accounts, and so on, all courtesy of anonymous account creation.

The solution to the tsunami of social-media bots is already here and already in use. It’s known as identity verification.

Revisiting An Old Premise

by Ted Butler, Silver Seek:

A month ago, silver and gold prices looked ready to surge higher, with silver prices at $26 and gold pressing on $2000 and with just about every commentator calling for a significant breakout to the upside. The only “fly in the ointment” was a quite negative market structure on the COMEX, which indicated the commercial traders were way too short and the managed money traders were already way too long to allow for a price surge higher. Sure enough, the commercials prevailed (as they always have) and instead of prices climbing, they got smashed lower.

The U.S. Economy Is In A Recession Now – Gold, Silver Set To Soar

by Dave Kranzler, Investment Research Dynamics:

“We’ve seen a downturn in the price as expressed in the paper derivatives precious metals’ price. There hasn’t been any large scale physical selling of gold or silver. Coin dealers sell gold and silver on a daily basis to retail buyers and the bullion banks broker bullion from major gold bullion producers into the countries that are buying – India, Russia, China, etc – but I have not heard of any entity that owns a large amount of gold say ‘we have to sell 100 tonnes gold, bid wanted in comp…”

Children’s risk of Death increases between 8100% and 30,200% following Covid-19 Vaccination compared to Unvaccinated Children according to official ONS data

by Dr. Joseph Mercola, Mercola:

The Office for National Statistics has revealed without meaning to that children are 82 to 303x more likely to die following Covid-19 vaccination than children who have not had the Covid-19 vaccine.

“We Are on the Precipice”

by Jim Rickards, Daily Reckoning:

I don’t believe many people grasp the enormity of the global food crisis we’ll be facing in the months ahead. But the world could be on the verge of a massive humanitarian crisis. Let’s dive in…

The supply chain collapse preceded the war in Ukraine, but the war has only intensified the problems. You can see it with your own eyes when you walk into a supermarket and find long stretches of empty shelves in stores that used to be chock-full of food and other merchandise.

What About… Ukraine Gold?

by Steve Brown, The Duran:

A subject you won’t hear much about – or anything about — in the western media, is about Ukraine’s gold. Since fiat and its derivatives rule the day, the popular belief is that gold is mainly a ‘quaint artifact’ of the past and plays no role in geopolitics. The foregoing is of course a totally incorrect CNBC-type take, as most popular beliefs are, so it’s no surprise that no mainstream commentator will address the subject of Ukraine gold. But gold is still a primary source for financial collateral among sovereigns. To put that another way, gold reserves may be a major contention between belligerents when those reserves are substantial and at stake.

Target Plunges 25%, What About Yesterday’s Big Retail Sales Blowout?

by Mish Shedlock, Mish Talk:

The advance retail sales reports by the commerce department were stunning. Reports by Target and Walmart strongly suggest something else.

Target Stock Sinks 25% on Earnings Miss, High Costs

The Wall Street Journal reports Target Stock Sinks 25% on Earnings Miss, High Costs

Target Corp shares tumbled after the retailer posted lower quarterly earnings and said it would absorb higher costs this year rather than raise its prices.

SEEMS THAT PORTUGAL HAS 1/2 THEIR OFFICIAL RESERVES AT THE BANK OF ENGLAND AND THAT GOLD MAY BE COMPROMISED

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED UP $24.20 TO $1841.95//SILVER CLOSED UP 34 CENTS TO $21.89//PLATINUM CLOSED UP $27.05 TO $938.90//PALLADIUM CLOSE UP $7.65 TO $2015.25//COMEX GOLD STANDING FOR MAY RISES BY A HUGE QUEUE JUMP TO 25,400 OZ: NEW STANDING 19.079 TONNES//SILVER ALSO INCREASES BY 40,000 OZ: NEW STANDING 27.95 MILLION OZ//SEEMS THAT PORTUGAL HAS 1/2 THEIR OFFICIAL RESERVES AT THE BANK OF ENGLAND AND THAT GOLD MAY BE COMPROMISED//COVID UPDATES RE THE GLOBE//VACCINE INJURIES/VACCINE MANDATE//5 COUNTRIES NOW HAVE CASES OF MONKEY POX//QUEBEC THINKS THAT THEY HAVE 27 CASES//BRIT MISERY INDEX WORST SINCE MARG. THATCHER//EUROPE AUTO SALES DOWN 20% IN APRIL//RUSSIA VS UKRAINE: MORE AZOVS SURRENDER//EXISTING HOME SALES PLUMMET TO LEVELS LAST SEEN TWO YEARS AGO

How To Buy Food as Anonymously as Possible

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by Daisy Luther, The Organic Prepper:

I’ve long believed that one should purchase anything gun-related as anonymously as possible, and prepping gear seems to have gradually shifted into that same parameter. But, what about food? You don’t need to buy your food anonymously, do you?

With the incoming famine (“global food shortage”), I’m convinced that if you are going to purchase “larger” quantities of food, survival food buckets, or groupings of food that are commonly associated with prepping (e.g., 20 pounds of rice, 30 pounds of beans, and 10 pounds of dehydrated milk powder – nobody buys all that but preppers), that it is worthwhile to consider making an anonymous purchase.

Baby Formula Shortage Grows Concern: Neo-Nazi Furries Commit Terrorism

from Stew Peters Network:

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