from Sprott Money:
Eric Sprott discusses the global economy and the first half of 2017 performance of the precious metals.
Our Ask The Expert interviewer Craig Hemke began his career in financial services in 1990 but retired in 2008 to focus on family and entrepreneurial opportunities. Since 2010, he has been the editor and publisher of the TF Metals Report found at TFMetalsReport.com, an online community for precious metal investors.
Click HERE to Listen
from SGTreport:
RedPill78 and Erin Moffett join me to discuss the news and events that concern us all. Thanks for tuning in, for REAL news.
https://www.youtube.com/watch?v=zpFOlX5AQ84
by Harvey Organ, Harvey Organ Blog:
GOLD DOWN $19.15 TI $1398,45//SILVER DOWN 32 CENTS T0 $14.98//AND YET A MASSIVE 2.341 DEPOSIT OF SILVER OCCURS AT THE SLV
GOLD: $1398.45 DOWN $19.15 (COMEX TO COMEX CLOSING)
Silver: $14.98 DOWN 32 CENTS (COMEX TO COMEX CLOSING)//
by Jim Rickards, DailyReckoning:
After nine years of unconventional quantitative easing (QE) policy the Federal Reserve is now setting out on a new path for quantitative tightening (QT).
QE was a policy of money printing. The Fed did this by buying bonds from the big banks. The banks would then deliver bonds to the Fed, and the Fed would in turn pay them with money from thin air. QT takes a different approach.
Instead, the Fed will set out policy that allows the old bonds to mature, while not buy new ones from the banks. That way the money will shrink the balance sheets ahead of any potential crisis.
For years leaders at the Federal Reserve have been rolling over the balance sheet to keep it at $4.5 trillion.
by Craig Hemke, Sprott Money:
COMEX silver prices are largely unchanged year-to-date, despite a falling U.S. dollar and historically bullish CoT structure. So today we ask, are you ready for the next rally?
If the title of this post sounds familiar, it should. We posed a similar question regarding gold back in December, and you can review those posts here:
• https://www.sprottmoney.com/Blog/another-tradable-…
• https://www.sprottmoney.com/Blog/are-you-ready-for…
Those forecasts of an early 2018 rally in gold prices turned out quite well, as COMEX gold bottomed near $1,240 on December 12 and then rallied to $1,365 on January 25. That’s almost exactly 10% in about six weeks.
by Jeff Clark, GoldSilver:
For data wonks like me, the annual Yearbooks from various gold and silver consultancies make for fun reading. You can always find little gems about what’s going on in the markets, and sometimes you can spot changes in trends early on. Seeing a compelling chart, especially one that’s not been widely reported, is almost as exciting as seeing my wife in a short skirt on date night.
Well, I’ve got a series of charts for you that point to a silver trend that is so entrenched in its development, so inevitable in its outcome, so inescapable in its consequences that it comes as close as one can get to a guarantee. And once fully underway, it will have major implications for the silver price, along with the availability of investment metal.
from SGT Report:
Victor Sperandeo “Trader Vic” joins SGT Report to discuss QE which will continue to propel the stock market higher. The Fed, Trader Vic says, has been serving the rich while enslaving the poor with near zero interest rates. We talk about the economy, the trade war with China, Gold, Silver, Bitcoin and the deep state. Thanks for tuning in.
https://www.youtube.com/watch?v=AZA5_eKu-D8
by Harvey Organ, Harvey Organ Blog:
GOLD UP FOR THE 10TH STRAIGHT DAY UP $7.00 TO $1572.60// SILVER IS UP 23 CENTS TO $18.37//ANOTHER HUGE QUEUE JUMP FOR GOLD //HUGE NO. OF EXCHANGE FOR PHYSICAL ISSUED FOR GOLD//DO NOT HAVE CONFIRMATION BUT 5 ROCKETS FIRED FROM IRANIAN MILITIA HITS USA BASE IN TAJI IRAQ//CHINA WILL NOT INCREASE ITS AGRICULTURE PURCHASES FROM THE USA: IS PHASE ONE OVER??//EUROPE SCRAMBLES RE; THE IRAN NUCLEAR DEAL//IRAN BURIES SOLEIMANI AND NOW MULLS THEIR REVENGE..IF ANY!!//THE REPO MESS IS BACK!!: FED SUPPLIES 99 BILLION IN LIQUIDITY AND ANOTHER REPO TERM IS OVERSUBSCRIBED//REPUBLICANS GOING AFTER I.G ATKINSON FOR LYING TO CONGRESS ON THE WHISTLEBLOWER DEAL THAT STARTS THE IMPEACHMENT PROCESS//MORE SWAMP STORIES
by Leonhard Foeger, RT:
Gold price suppression by the world’s central banks is a well-documented fact, according to Singapore’s BullionStar precious metals expert Ronan Manly. He explained to RT.com why that’s the case.
Central banks have a long and colorful history of manipulating the gold price. This manipulation has taken many shapes and forms over the years. It also shouldn’t be surprising that central banks intervene in the gold market given that they also intervene in all other financial markets. It would be naive to think that the gold market should be any different.
In fact, gold is a special case. Gold to central bankers is like the sun to vampires. They are terrified of it, yet in some ways they are in awe of it. Terrified since gold is an inflation barometer and an indicator of the relative strength of fiat currencies. The gold price influences interest rates and bond prices. But central bankers (who know their job) are also in awe of gold since they respect and understand gold’s value and power within the international monetary system and the importance of gold as a reserve asset.
