Sunday, May 12, 2024

YELLOW TO SEEK BANKRUPTCY PROTECTION ON MONDAY/

by Harvey Organ, Harvey Organ Blog:

SPREADER AND TAS INDUCED RAID ON OUR PRECIOUS METALS: GOLD CLOSED DOWN $21.80 TO $1947.10//SILVER CLOSED DOWN 59 CENTS TO $24.21//PLATINUM CLOSED DOWN $25.80 TO $939.00//PALLADIUM CLOSED DOWN $50.05 TO $1244.95//ECB HIKES BY 25 BASIS POINTS AS EXPECTED//UPDATES ON UKRAINE VS RUSSIA//COVID UPDATES//DR PAUL ALEXANDER//HOUSING PERMIT DATA FROM THE USA//YELLOW TO SEEK BANKRUPTCY PROTECTION ON MONDAY

ANDY SCHECTMAN: SILVER CONTINUES TO FLOW OUT OF THE ETFS

from Arcadia Economics:

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

NEW ISRAELI SHIN BEIT IS NOW FORMED TO ASSASSINATE ALL OF THOSE HAMAS OPERATIVES IN FOREIGN COUNTRIES RESPONSIBLE FOR OCT 7

by Harvey Organ, Harvey Organ Blog:

HAMAS MAY RELEASE 50 HOSTAGES AND THAT MAY SLOW ISRAEL’S INVASION OF GAZA: GOLD CLOSED DOWN $6.80 TO $1976.20//SILVER WAS DOWN $.33 TO $23.04/PLATINUM WAS UP $ 11.10 TO $900.75 WHILE PALLADIUM WAS DOWN $3.25 TO $1133.25//GOOD GOLD COMMENTARIES TODAY FROM MATHEW PIEPENBURG AND PETER SCHIFF//UPDATES ON THE ISRAELI-HAMAS-HEZBOLLAH WAR// NEW ISRAELI SHIN BEIT IS NOW FORMED TO ASSASSINATE ALL OF THOSE HAMAS OPERATIVES IN FOREIGN COUNTRIES RESPONSIBLE FOR OCT 7//COVID UPDATES//VACCINE INJURY UPDATES/DR PAUL ALEXANDER//SLAY NEWS/NEWS ADDICTS/EVOL NEWS//CHINESE CITIZENS ARE FLEEING THEIR YUAN CURRENCY IN DROVES

NORTH KOREA MOVES HEAVY WEAPONRY ON ITS BORDER WITH SOUTH KOREA

by Harvey Organ, Harvey Organ Blog:

GOLD AND SILVER BREAK OUT PRIOR TO OTC/LBMA LONDON OPTIONS EXIRY//GOLD CLOSED UP $26.45 TO $2038.75//SILVER CLOSED UP 64 CENTS TO $24.91//PLATINUM CLOSED UP $24.95 TO $944.70 WHILE PALLADIUM CLOSED DOWN $2.25 TO $1057.70//NORTH KOREA MOVES HEAVY WEAPONRY ON ITS BORDER WITH SOUTH KOREA//ANTISEMITISM OUT OF CONTROL IN SWEDEN//ISRAEL VS HAMAS WAR: DAY 5 WHERE ANOTHER 10 HOSTAGES ARE BEING RELEASED//MOSSAD CHIEF FLIES TO DOHA QATAR FOR MORE TALKS ON TRYING TO GET MORE HOSTAGES HOME//UKRAINE VS RUSSIA UPDATES//COVID UPDATES/VACCINE INJURY UPDATES//DR PAUL ALEXANDER/SLAY NEWS ETC/A LESSON ON BIDENOMICS FROM JEANE-PIERRE

BIS REPORT SHOWS THE USA RAISES THE AMOUNT OF GOLD BORROWED (136 TONNES) TO SUPPRESS THE PRICE

by Harvey Organ, Harvey Organ Blog:

GOLD FINISHED THE DAY UP $5.00 TO $1958.40//SILVER WAS DOWN 13 CENTS TO $23.54//PLATINUM HAD A GOOD DAY UP $31.35 WHILE PALLADIUM WAS UP ONLY $5.80 TO $1414.95//GOOD READING MATERIAL TODAY FROM MATHEW PIEPENBURG AND MIKE MAHARREY OF SCHIFFGOLD/BIS REPORT SHOWS THE USA RAISES THE AMOUNT OF GOLD BORROWED (136 TONNES) TO SUPPRESS THE PRICE//SEC SUES BINANCE AS CRYPTOS CRUMBLE//UKRAINE VS RUSSIAN UPDATES/COVID UPDATES/DR PAUL ALEXANDER//SLAY NEWS/EVOL NEWS/CORE FACTORY ORDERS UNEXPECTEDLY SHRINK

Race to the Bottom

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.

TROUBLE IN PAKISTAN AS OPPOSITION LEADER KHAN ARRESTED AND THAT COULD LEAD TO CIVIL WAR IN THAT COUNTRY

by Harvey Organ, Harvey Organ Blog:

ALL PRECIOUS METALS HAVE A GREAT DAY TODAY: GOLD CLOSED UP $9.70 TO $2035.50, SILVER WAS UP 7 CENTS TO $25.64 AFTER BEING DOWN ALL DAY//PLATINUM WAS UP $29.00 TO $1108.25//PALLADIUM WAS UP $14.70 TO $1570.20//COVID UPDATES//DR PAUL ALEXANDER//VACCINE IMPACT//SLAY NEWS//VACCINE DEATHS AMONG YOUNG CHILDREN//DEBT CEILING MEETING IS TODAY BETWEEN BIDEN AND MCCARTHY//CRE CONTAGION SPREADS TO SWEDEN WITH ITS LARGEST REAL ESTATE CONGLOMERATE SHREDDED TO PIECES AS ITS BONDS GO TO JUNK AND ITS DIVIDEND SUSPENDED//BIDEN AGAIN DELAYS FILLING UP HIS SPR//TROUBLE IN PAKISTAN AS OPPOSITION LEADER KHAN ARRESTED AND THAT COULD LEAD TO CIVIL WAR IN THAT COUNTRY

ANOTHER NFL FOOTBALL PLAYER COLLAPSES ON THE FIELD AND THAT SUSPENDS THE PRE-SEASON GAME

by Harvey Organ, Harvey Organ Blog:

BRICS MEETING STARTS TOMORROW//GOLD PRICE UP $7.15 TO $1894.30 WHILE SILVER WAS UP 59 CENTS TO $23.28//PLATINUM WAS UP $2.20 TO 914.60//PALLDIUM WAS DOWN $14.25//INTERESTING VIEWS: PETER SCHIFF AND CHRIS POWELL //ANOTHER NFL FOOTBALL PLAYER COLLAPSES ON THE FIELD AND THAT SUSPENDS THE PRE-SEASON GAME//OTHER COVID AND VACCINE UPDATES//SLAY NEWS/EVOL NEWS/NEWS ADDICTS//CHINA’S REAL ESTATE WOES WORSE THAN THOUGHT//UKRAINE VS RUSSIA UPDATES//UPDATES ON THE MAUI FIRE

The PBoC Manipulates the SGE Gold Price

by Jan Nieuwenhuijs, Gainesville Coins:

By obstructing gold import and export the People’s Bank of China (PBoC) greatly amplifies the gold premium or discount on the Shanghai Gold Exchange (SGE) relative to metal traded in London. In the past 12 months the PBoC has restricted gold import to curb capital flight and defend the renminbi, resulting in exaggerated SGE premiums. With these interventions the Chinese central bank risks the gold market it supervises from functioning properly, and stagnates internationalization.

Federal Reserve Policies and Silver Industrial Demand

by Craig Hemke, Sprott Money:

Watch Craig Hemke from Sprott Money and Chris Marcus from Arcadia Economics on the “Monthly Wrap-Up” podcast for a quick dive into the latest in precious metals. Get insights on soaring gold and silver prices, Federal Reserve policies, and global tensions, plus expert tips for navigating the market. Tune in now for your monthly dose of valuable analysis!

HUGE EXCESS DEATHS FROM VACCINES IN UK (CARDIOVASCULAR/HEART ATTACKS)

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED DOWN $19.35 TO $1832.00//SILVER CLOSED DOWN $0.98 TO $21.22//PLATINUM CLOSED DOWN $23.90 TO $882.20 WHILE PALLADIUM CLOSED DOWN $63.50 TO $1208.15/IMPORTANT GOLD COMMENTARY TODAY FROM PETER SCHIFF/COVID UPDATES/VACCINE UPDATES//LAWSUIT FILED AGAINST THE MAKERS OF REMDESIVIR//HUGE EXCESS DEATHS FROM VACCINES IN UK (CARDIOVASCULAR/HEART ATTACKS)//DR PAUL ALEXANDER//SLAY NEWS/EVOL NEWS/NEWS ADDICTS/RUSSIA HAS AVOIDED OIL SANCTIONS: THE AUTHOR EXPLAINS WHY//USA AVOIDS SHUTDOWN

UKRAINE VS RUSSIA: UKRAINIAN DRONES HAS A DIRECT HIT ON ROSTOV MILITARY COMPLEX/

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