from Arcadia Economics:
TRUTH LIVES on at https://sgtreport.tv/
Mathematically, Financial System Is Going Down – Bill Holter
by Greg Hunter, USA Watchdog:
Precious metals expert and financial writer Bill Holter warned in August of financial trouble coming to America sooner than later. He gave a long list that now includes a global war. Even without war, there is no stopping the financial fall that is coming. Central banks are, once again, the biggest buyers of gold this year. What is going on? Holter says, “The central banks fully understand the math behind the financial system of the West is broken. The Western financial system cannot survive the math. . . .Once we got to 0% interest rates on the bottom, the rates could not go down any further, and the debt continued to pile up. The U.S. Treasury is going to be paying $1.5 trillion a year just in debt service. That number, a few years ago, had been around $400 billion a year. So, the debt service has quadrupled, and there are no more tricks in the bag.
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
WE WORK FINALLY GOES BUST
by Harvey Organ, Harvey Organ Blog:
2023: GOLD CLOSED DOWN $14.20 TO $1967.05//SILVER CLOSED DOWN 59 CENTS TO $22.53//PLATINUM CLOSED DOWN $16.75 TO $894.75 WHILE PALLADIUM HAD A HUGHE SPILL FALLING BY $42,30 TO $1063.60//TWO VERY GOOD COMMENTARIES TODAY: THE FIRST BY CHARLES LIPSON AND THE SECOND BY VICTOR DAVIS HANSON//DR LACALLE TALKS ABOUT EUROPE’S MAJOR PROBLEMS//ISRAEL VS HAMAS UPDATES//WE WORK FINALLY GOES BUST//COVID UPDATES//VACCINE INJURIES/DR PAUL ALEXANDER/SLAY NEWS ETC
Central Bank Gold Buying Off To A Record-Breaking Start In 2023, Led By Singapore
from ZeroHedge:
It may not be the off the charts gold buying observed in the second half of 2022, but central bank Central bank gold buying made a blistering start to 2023 when according to the latest report from the World Gold Council, demand for the hard currency by the world’s money-printing authorities reached 228 tonnes in Q1, a 176% increase compared to the 82.7 tonnes one year ago. While lower than the figures seen in the previous two quarters this was nonetheless the strongest first quarter on record. According to the WGC, “this is all the more impressive considering it follows the record-breaking pace of demand last year.”
UAW STILL HEADED FOR STRIKE AGAINST THE THREE AUTO COMPANIES
by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED IN NEW YORK AT $1911.40 UP $1.00 WHILE THE PREMIUM IN SHANGHAI GOLD IS CLOSE TO $100.00//SILVER CLOSED DOWN 16 CENTS TO $22.72//PLATINUM CLOSED UP $5.50 TO $910.55 WHILE PALLADIUM CLOSED DOWN $1.65 TO $1251.10//ECB RAISES THEIR INTEREST RATE BY .25% TO 4% AND THAT WILL PROBABLY BE THE FINAL RISE//RUSSIA VS UKRAINE UPDATES//COVID UPDATES/DR PAUL ALEXANDER//SLAY NEWS/NEWS ADDICTS/EVOL NEWS//USA DATA: PPI SOARS AS DOES RETAIL SALES//UAW STILL HEADED FOR STRIKE AGAINST THE THREE AUTO COMPANIES
3RD DAY IN A ROW WE WITNESS THE DEFENSE OF $2,000 GOLD WHERE FINALLY IT CLOSES ABOVE THAT//GOLD CLOSED UP $11.20 TO $2002.35
by Harvey Organ, Harvey Organ Blog:
3RD DAY IN A ROW WE WITNESS THE DEFENSE OF $2,000 GOLD WHERE FINALLY IT CLOSES ABOVE THAT//GOLD CLOSED UP $11.20 TO $2002.35//SILVER CLOSED UP 70 CENTS TO $24.32/PLATINUM CLOSED UP $7.95 TO $933.80 WHILE PALLADIUM WAS UP $18.85 TO $1073.25//13 ISRAELI HOSTAGES RELEASED//ANDREW MAGUIRE TALKS TO BILL MURPHY CEO OF GATA//DUBLIN IN A MESS TODAY AS MIGRANT STABS 5 PEOPLE INCLUDING 3 CHILDREN (5 YR OLD IN CRITICAL CONDITION)//MORE UPDATES ON THE ISRAELI HAMAS WAR//LAWLESSNESS RETURNS TO FRANCE//COVID UPDATES/VACCINE INJURIES UPDATES//DR PAUL ALEXANDER//SLAY NEWS ETC//USA DATA RELEASE: POOR PMI NUMBERS
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
BIG NEWS TODAY: THE JOBS REPORT //A TOTAL PHONY
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
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.
