by Jim Rickards, Daily Reckoning:
The currency wars are alive and well. Here’s the latest battle…
Over the past nine months, the Japanese yen rallied 13% against the dollar. But now the yen has started to fall in value.
This decline is not surprising. Japan’s economy has been flirting with recession. A new recession, likely in my view, would be the ninth recession since the historic stock market and real estate crash in Japan in 1990.
by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED UP $ 5,75 TO$1991.65 /SILVER WAS UP 41 CENTS TO $23.18/PLATINUM WAS UP 10.95 DOLLARS TO $937.45 WHILE PALLADIUM WAS UP 10.85 DOLLARS TO $1122.35//JOBS REPORT FROM THE USA VERY WEAK GAIN//GOLD COMMENTARIES TODAY FROM PETER SCHIFF AND ALASDAIR MACLEOD//PLUS AN EXCELLENT PODCAST FROM ANDREW MAGUIRE LIVE FROM THE VAULT//GOOD COMMENTARY TODAY FROM VICTOR DAVIS HANSON ON THE ISRAELI-HAMAS WAR://UPDATES ON THE JAPANESE STIMULATION//ISRAEL VS HAMAS UPDATES: ISRAEL SURROUNDS HAMAS IN GAZA CITY//IMPORTANT HAMAS COMMANDER KILLED//NASRALLLAH SPEECH A NOTHINGBURGER/A YOUTUBE PRESENTATION ON THE ADVANCES BY THE ISRAELIS IN THE CONFLICT//COVID UPDATES/VACCINE INJURIES//DR PAUL ALEXANDER//SLAY NEWS/ETC//JOBS REPORT: SHOWS THE USA ECONOMY IN A DECLINE///OTHER USA DATA RELEASES
by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED UP $1.00 TO $1940.70 //SILVER WAS DOWN 20 CENTS TO $24.23//PLATINUM CLOSED DOWN $14.85 TO $965.60 WHILE PALLADIUM WAS UP $2.60 TO $1230,20//GOLD COMMENTARY TODAY: MIKE MAHARRAY//BIG NEWS TODAY: THE JOBS REPORT //A TOTAL PHONY//DETAILS ON THE JOBS REPORT PROVIDED//UKRAINE VS RUSSIA UPDATE//COVID/VACCINE UPDATES//DR PAUL ALEXANDER/EVOL NEWS/NEWS ADDICTS//TUCKER CARLSON INTERVIEWING DAVE PARTNOY
by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED UP $.65 TO $1977.25//SILVER CLOSED UP 11 CENTS TO $25.16//PLATINUM CLOSED DOWN $11.05 TO $976.10//PALLADIUM CLOSED DOWN $10.55// UPDATES ON THE IMPLODING CHINESE ECONOMY INCLUDING THE HUGE LOSSES FROM EVERGRANDE//PUTIN WILL ONLY ATTEND THE BRICS CONFERENCE AUGUST 22-24 BY VIDEO CONFERENCING//COVID UPDATES: HUGE UPDATE ON MYOCARDITIS CASES IN THE UK//DR PAUL ALEXANDER//VACCINE IMPACT//SLAY NEWS//EVOL NEWS//USA DATA: HOUSING PERMITS AND HOUSING STARTS PLUMMET//GOLDMAN SACHS EARNINGS PLUMMET//CRE DOMINOS START WITH STARWOOD DEFAULTING AND A HUGE PRIME BALTIMORE BUILDING SOLD FOR A DISCOUNT OF 63%//STRIKE AT FREIGHTCARRIER YELLOW TO BEGIN JULY 24//SWAMP STORIES INCLUDING THE VIDEO ON WHISTLEBLOWER TESTIMONEY ON HUNTER BIDEN TAX EVASION
by Craig Hemke, Sprott Money:
We’re not quite through the first half of 2023, but just for fun, let’s take a stab at what we might expect to occur in the second half, at least as it pertains to gold and silver prices.
It’s early June, and the next FOMC meeting is one week away. Will the Fed hike the fed funds rate another 25 basis points or will they pause and take time to assess the economic damage that has already been done? We can’t know the answer to that question, but whether they do or whether they don’t, the forecast for the remainder of 2023 will remain the same.
by Harvey Organ, Harvey Organ Blog:
TAS INDUCED RAID ON GOLD AND SILVER TODAY: GOLD CLOSED DOWN $24.40 TO $1953.40//SILVER WAS DOWN $.23 TO $23.67//PLATINUM IS UP $1.80 TO $1002.95 WHILE PALLADIUM WAS UP $38.70 TO $1409.15//IMPORANT COMMENTARIES FROM ALASDAIR MACLEOD AND RONAN MANLY//CHINA MAY PROVIDE ANOTHER STIMULUS TO HELP ITS BELEAGURED REAL ESTATE MARKET//BERLIN ORDERS MOSCOW TO CLOSE 4 OUT OF ITS 5 CONSULATES//PEPE ESCOBAR DESCRIBES IN DETAIL WHAT IS HAPPENING INSIDE TURKEY WITH RESPECT TO ERDOGAN//COVID UPDATES/DR PAUL ALEXANDER
by Mac Slavo, SHTF Plan:
The Zaporizhzhia nuclear station has become “potentially dangerous” as Russian officials began evacuating people from nearby areas. United Nations officials have also commented that the situation is becoming “increasingly unpredictable.”
The head of the UN’s nuclear power watchdog called for measures to ensure the safe operation of Europe’s largest nuclear plant as evacuations were underway in the nearby town of Enerhodar, according to a report by Yahoo News. Rafael Grossi, director general of the International Atomic Energy Agency (IAEA), said on the agency’s website: “The general situation in the area near the Zaporizhzhia nuclear power plant is becoming increasingly unpredictable and potentially dangerous.
by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED DOWN ONLY BY $1.30 AFTER A RAID ORCHESTRATED BY OUR BANKERS AS OPTIONS EXPIRY WEEK BEGINS//SILVER CLOSED DOWN ONLY 8 CENTS TO $22.96//PLATINUM CLOSED DOWN $11.55 TO $888.70//PALLADIUM WAS DOWN $6.40 TO $1126,85//ESSENTIAL READING MATERIAL TODAY: DR LACALLE AND ESPECIALLY CONRAD BLACK//UPDATES ON ISRAEL VS HAMAS//COVID UPDATES// VACCINE INJURIES
by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED UP $0.90 TO $1944.45//SILVER CLOSED UP $0.32 TO $23.25//PLATINUM CLOSED UP $0.55 DOLLARS TO $1026.50/PALLADIUM CLOSED UP $25.35 TO $1431.85//A MUST VIEW: ANDREW MAGUIRE INTERVIEWING PETER GRANDICH//NO DEAL YET ON THE DEBT CEILING//RUSSIA VS UKRAINE UPDATES/COVID UPDATES//DR PAUL ALEXANDER/VACCINE IMPACT/SLAY NEWS/EVOL NEWS//UPDATES ON DEBT CEILING FIASCO IN THE USA//FED’S FAVOURTE INDICATOR IN INFLATION , THE PCE DEFLATOR RED HOT//ANOTHER GREAT COMMENTARY FROM VICTOR DAVIS HANSON
by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED DOWN 20 CENTS TO $1918.80//SILVER CLOSED DOWN 21 CENTS TO $22.97//PLATINUM CLOSED DOWN $4.30 TO $909.85 BUT PALLADIUM REVERSED COURSE TO CLOSE UP $3.35 TO $1,218.00//IMPORTANT READS FOR TODAY: TED BUTLER ON SILVER//CHINA BROADENS APPLE’S I-PHONE BAN AS THE TRADE WAR ESCALATES//UKRAINE VS RUSSIA: UKRAINIAN DRONES HAS A DIRECT HIT ON ROSTOV MILITARY COMPLEX//COVID UPDATES/VACCINE UPDATES/DR PAUL ALEXANDER//SLAY NEWS/NEWS ADDICTS/EVOL NEWS
