by Peter Schiff, Schiff Gold:
As expected, gold has turned in a fairly strong start to the month. It’s below April but is still early in the contract.
As shown below, the amount on First Position was actually the highest since last August which should lead to high delivery volumes.
by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED UP $14.10 TO $1977.80//SILVER CLOSED UP $0.49 TO $23.90//PLATINUM CLOSED UP 8.80 TO $1009.90 WHILE PALLADIUM CLOSED UP $27.25 TO $1397.70//IMPORTANT GOLD POSTS: AMBROSE EVANS PRITCHARD//CHINA’S ECONOMY IF FALTERING AND 5 COMMODITIES WHICH PROVE THIS IS HAPPENING/THE IRISH ARE FORCING THE CULLING OF THE CATTLE TO MEET CLIMATE CHANGE: HOW STUPID CAN THEY BE?//RUSSIA CLAIMS THAT THE USA IS BEHIND THE CONFLICT BETWEEN SERBIA AND KOSOVO//PROBLEMS OCCUR AT THE BORDER OF IRAN AND AFGHANISTAN (TALIBAN)///COVID UPDATES//DR PAUL ALEXANDER/EWOL NEWS//SOUTH AFRICA SIDELINES ANOTHER RAIL DUE TO MASSIVE THEFTS OF EQUIPMENT//DEBT CEILING BILL PASSED //DAVID STOCKMAN TELLS THE TRUTH ON THE BILL//USA MFG PMI’S FALTER BADLY
by Harvey Organ, Harvey Organ Blog:
FIRST DAY NOTICE: GOLD CLOSED UP $5.70 TO $1963.70//SILVER ROSE BY 37 CENTS TO $23.51/PLATINUM CLOSED DOWN $19.85 TO $1001.10//PALLADIUM CLOSED DOWN $34.15 TO $1370.65//STRONG AMOUNT OF GOLD STANDING FOR DELIVERY FOR THE UPCOMING JUNE DELIVERY MONTH AND 3.9 MILLION OZ OF SILVER//IMPORTANT GOLD COMMENTARIES TONIGHT: MISH SHEDLOCK AND SCHIFFGOLD//CHINA REPORTS A DISMAL FACTORY PMI AND THAT SETS OFF A HUGE DECLINE IN ALL STOCK MARKETS//HUGH STRIKES BECOMING COMMONPLACE IN THE UK//REPORT ON UKRAINE BY YVES SMITH OF NAKED CAPITALISM//COVID UPDATES/DR PAUL ALEXANDER//SLAY NEWS//STUDENT LOANS WILL NOW BECOME DUE IN AUGUST//GOLDMAN SACHS TO LAYOFF MORE SOULS IN ITS 3RD ROUND OF CUTS
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 $19.70 TO $1943.55//SILVER CLOSED DOWN $.32 TO $22.81//PLATINUM CLOSED UP $0.45 TO $1026.60//PALLADIUM WAS UP $14.45 TO $1420.95// GOOD COMMENTARY ON GOLD FROM JOHN RUBINO TODAY//BIG NEWS TODAY IS THE TOTAL COLLAPSE OF CHINA’S REAL ESTATE INDUSTRY//GERMANY HAS HAD ENOUGH WITH EU’S GREEN NEW DEAL: GREAT COMMENTARY ON THAT FROM MISH SHEDLOCK////COVID UPDATES//DR PAUL ALEXANDER//EWOL NEWS//SLAY NEWS//CANADA HAS A BIG PROBLEM WITH THEIR TRUCKING INDUSTRY//SAN FRANCISCO INFRASTRUCTURE DETERIORATING RAPIDLY/SEATTLE FOLKS AT AMAZON REBELLING THAT THEY MUST GO BACK TO WORK
by Myra P. Saefong, Market Watch:
Zimbabwe is looking to gold to “expand value-preserving instruments,” launching a gold-backed digital currency last week as the nation suffers from hyperinflation and its currency continues to diminish in value.
The move is an “interesting experiment to see if locals will warm up to a more stable currency and trust the nation’s central bank in its endeavors,” Peter Spina, president of GoldSeek.com, told MarketWatch.
The Reserve Bank of Zimbabwe said it was issuing the gold-backed digital tokens in a move to “expand value-preserving instruments” available in the nation’s economy, as well as “enhance the divisibility of the investment instruments and widen their access and usage by the public.”
by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED UP $2/85 TO $2017.60//SILVER WAS UP 13 CENTS TO 424.10//PLATINUM WAS UP $7.00 TO $1068.25/PALLADIUM IS UP $15.00 TO $1833.20//GOOD STUDY ON SUPPLY/DEMAND PARAMETERS FOR PLATINUM AND IS A MUST READ//ALSO EGON VON GREYERZ COMMENTARY ON GOLD AND THE ECONOMY//COVID UPDATES: VACCINE IMPACT//DR PAUL ALEXANDER/SLAY NEWS/EVOL NEWS//UKRAINE VS RUSSIA UPDATES//USA DEPOSITS FROM BANKERS CONTINUE TO OUTFLOW//FED HAS ONLY $88 BILLION LEFT OR ROUGHLY UNTIL MAY 29//TIGER GLOBAL STARTS TO LIQUIDATE ITS HUGE NUMBER OF STARTUPS
by Egon Von Greyerz, Gold Switzerland:
Tectonic shifts lie ahead. These will involve a US and European debt crisis ending in a debt collapse, a precipitous fall of the dollar and the Euro with Gold emerging as a reserve asset but at multiples of the current price.
The next phase of the fall of the West is here and will soon accelerate. It has been both precipitated and aggravated by the absurd sanctions of Russia. These sanctions are hurting Europe badly and affecting the US in a way that they didn’t expect, but was obvious to some of us. The Romans understood that free trade was essential between all the countries that they conquered. But the US administration blocks have both the money and the ability to trade of the countries they don’t like.
from Arcadia Economics:
TRUTH LIVES on at https://sgtreport.tv/
