by Peter Schiff, Schiff Gold:
Gold-backed funds reported an inflow of gold for the third straight month in May, flipping global ETF demand positive on the year.
Globally ETFs added 19 tons of gold to their holdings in May. Gold-back funds held 3,478 tons of metal as of the end of the month. That represents a 6-ton increase on the year and is the highest level since October 2022.
Total ETF gold holdings remain 11% lower than their record high of 3,919t tons in October 2020.
by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED UP $6.55 TO $1985.90//SILVER WAS UP 4 CENTS TO $22.77//PLATINUM WAS UP $1.55 TO $926.50 WITH PALLADIUM UP $4.15 TO $1111.50//EXCELLENT GOLD COMMENTARIES TONIGHT FROM CHRIS POWELL OF GATA AND EGON VON GREYERZ//BANK OF ENGLAND KEEPS INTEREST RATES STEADY//WIND FARMS IN THE UK A TOTAL BUST//MIGRANTS LIVING ON THE STREETS AT RECORD HIGHS IN THE UK//UPDATES OF ISRAEL VS HAMAS: ISRAEL SURROUNDS GAZA CITY AS THEY TRY THE LONG AND ARDUOUS TASK OF ELIMINATING THE ENEMY//COVID UPDATES//VACCINE INJURY UPDATES//DR PAUL ALEXANDER//SLAY NEWS ETC//USA ECONOMIC DATA
by Harvey Organ, Harvey Organ Blog:
GOLD ROSE BY $13.20 TO $1924.60// //SILVER ROSE BY 37 CENTS TO $23.09/PLATINUM CLOSED UP 19.45 TO $930.00 WHILE PALLADIUM CLOSED DOWN $0.60 TO $1250.50//IMPORTANT VIEW TO SEE ANDREW MAGUIRE INTERVIEWING JEFFREY SNIDER//AND ANOTHER IMPORTANT READ FROM ALASDAIR MACLEOD//GOLD DENOMINATED IN YEN REACHES ALL TIME HIGHS//UKRAINE VS RUSSIA UPDATES//COVID UPDATES//VACCINE UPDATES/DR PAUL ALEXANDER/SLAY NEWS/EVOL NEWS/NEWS ADDICTS//USA NEWS: UAW GOES ON STRIKE
by Turd Ferguson, TF Metals Report:
by Jon Forrest Little, Silver Seek:
The G7 leaders say they are committed to reaching so-called “net zero” emissions by 2050 after halving global emissions by 2030.
The initiative has many buzz phrases such as building a “just and inclusive” clean energy economy. The plan vilifies fossil fuels and glorifies “green energy” with sweeping statements asking “stakeholders to improve their ESG performance.”
But most of us are confused by what this all means.
by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED DOWN $9.90 TO $1981.75// SILVER CLOSED DOWN 6 CENTS $23.12//PLATINUM WAS DOWN $25.95 TO $911.50 WHILE PALLADIUM CLOSED DOWN $27.40 TO $1105.95//EXCELLENT GOLD COMMENTARY TODAY FROM SIMON BLACK//UPDATES ON THE WAR BETWEEN ISRAEL AND HAMAS//TWO EXCELLENT EDITORIALS FROM THE JERUSALEM POST//POLICE OFFICER STABBED TO DEATH BY AN EAST JERUSALEM 16 YR OLD AS HE WAS NEUTRALIZED//USA DEPLOYS A NUCLEAR SUBMARINE OFF ISRAEL’S SHORE AND THEN TELLS EVERYBODY WHERE IT IS LOCATED//COVID UPDATES//VACCINE INJURY REPORT//DR PAUL ALEXANDER/SLAY NEWS ETC
by Ronan Manly, BullionStar:
With less than 20 trading days left until the end of 2023, we have just witnessed a series of record-breaking price developments in the international gold price, as well as heightened gold price volatility, and the price moving in a $120 range intraday.
While a new all-time high monthly close in the US dollar gold price was achieved on Thursday 30 November at $2040/oz, and new all-time highs on the weekly close and daily close were achieved on Friday 01 December at $2072/oz, these new record highs were in hindsight, overshadowed by what happened subsequently.
by Craig Hemke, Sprott Money:
Get ready for a shift in the precious metals markets as August comes to a close. Learn how recent data releases and market trends could impact the gold and silver price in the upcoming weeks.
August is typically a very quiet month for the COMEX precious metals as traders everywhere try to sneak in one last vacation before summer ends. Those “dog days” are now drawing to a close, so we should all brace ourselves for renewed volume and volatility as the calendar moves toward September.
by Jon Forrest Little, Activist Post:
The G7 leaders say they are committed to reaching so-called “net zero” emissions by 2050 after halving global emissions by 2030.
The initiative has many buzz phrases such as building a “just and inclusive” clean-energy economy. The plan vilifies fossil fuels and glorifies “green energy” with sweeping statements asking “stakeholders to improve their ESG performance.”
But most of us are confused by what this all means.
The transition to net zero is moving forward quickly, even though critics believe it’s draconian with respect to its scope and consequences.
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 Dennis Miller, Miller On The Money:
The price of gold has been swinging wildly over the last several months; from over $2,000 oz. in May, then dropped to around $1822 oz. early in October. The middle east war reignited and it quickly jumped back up around $50. What’s going on?
I Googled “Gold Price Prediction for 2023” and the responses were all over the place. Here is a screenshot of what popped up.
