from Health Ranger Report:
TRUTH LIVES on at https://sgtreport.tv/
AI, Gold and Nuclear War
by Jim Rickards, Daily Reckoning:
So-called artificial intelligence (AI) is taking the world by storm. Meanwhile, gold has shot up like a rocket over the past couple of months.
In mid-February, gold was trading at $1,990. Two months later, gold is trading above $2,400 — a $410 gain in just two months.
So here’s a question:
Is there a connection between AI and gold? It seems like an odd question. But as it turns out, the answer is yes. And surprisingly, there has been for decades. It involves the Cold War between the U.S. and the Soviet Union.
Gold, Iran, Netanyahu, and That Senile From D.C.!
by Mac Slavo, SHTF Plan:
I want you to close your eyes and imagine (don’t really close them because you won’t be able to read what comes next) people with a very rich heritage.
These people are proud of their history because for 200 years, they were the greatest empire of the ancient world while ruling over much of Asia. Their revered king, Cyrus II of Persia, was considered a visionary and leader of epic proportions.
After 200 years of rule, they collapsed like all other empires, but the glory of the past echoes for eternity like a basketball player that tells stories of his career even when he’s 80 years old.
Great changes came after the Achaemenid Empire, the strongest Persian dynasty in the ancient world, but the Iranians, a tribe that originated in today’s India and migrated to today’s Iran, are obsessed with the past and their so-called rightful place in the league of nations where they think they ought to be considered as being in the top tier.
UBS Analysts Trigger Outrage With “Unbelievable” Gold Forecast
from Birch Gold Group:
This week, Your News to Know rounds up the latest top stories involving precious metals and the overall economy. Stories include: Sky-high gold forecasts by top names, why the Middle East escalation proves gold’s run isn’t driven by military conflict and could a surprise interest rate hike push gold’s price down?
Global banks revise gold price forecasts, raising eyebrows everywhere
A recent call for $4,000 gold has been made. Which of our “usual suspects” was behind it? Frank Holmes? Alasdair MacLeod? Putin?
The Sizable Gold Futures Market
by Craig Hemke, Sprott Money:
About a decade ago, the organization Wikileaks unearthed and released a very interesting memo from December of 1974. Given the counter-intuitive price action of last Friday, I thought it might be instructive to review again what Wikileaks found.
First let’s review the timing of the memo. As you can see below, it’s dated December 10, 1974. Why is that important? COMEX gold futures trading began on December 31, 1974.
China switches strategy from stacking Gold to “Take all the Silver.” Sticking it to US short sellers and market riggers.
by Jon Forrest Little, Silver Seek:
Reddit Apes started #SilverSqueeze movement but we ain’t nothing. It’s all About China and their Unified Focus. Watch TikTok fuel the Real Silver Squeeze.
- There are 1.400.000.000 Chinese citizens.
- Just starting this week, the Chinese government is advertising and telling its loyal people to buy Silver instead of Gold.
- Their orders in the past year were to stack Gold, as we reported in November 2023.
- Silver and gold stacking is the cornerstone of their crafted and clever strategy of economic warfare.
- They understand that US bankers, the Federal Reserve, and the Silver Institute have all been rigging Silver prices for decades despite dwindling silver inventory.
US, UK Ban Deliveries Of Russian Copper, Nickel And Aluminum To Western Metals Exchanges: Here’s What This Means
from ZeroHedge:
On Friday, the US and UK imposed new restrictions on trading Russian aluminum, copper and nickel in the latest hollow bid to curb President Vladimir Putin’s ability to fund his war machine (as discussed previously, Russian oil is now trading above the western embargo “cap” price virtually everywhere).
According to Bloomberg, the rules prohibit delivery of new supplies from Russia to the London Metal Exchange, where the global benchmark prices are set, as well as to the Chicago Mercantile Exchange. The restrictions apply to copper, nickel and aluminum produced on or after April 13, and the US is also banning Russian imports of all three metals.
The bullish factors behind silver’s rise
by Alasdair Macleod, GoldMoney:
In recent weeks, silver’s price has been remarkably strong, threatening to break out above the levels established in August 2020. The long-term chart certainly looks positive.
Could we be witnessing a major turning point for silver?
This increasing possibility is tied up in evidence that fiat currencies are descending into debt-driven chaos, and that the future will favour currencies linked to gold. All my research confirms that gold is the monetary proxy for commodities and energy. But throughout most of post-mediaeval history, silver had a similar role when the gold/silver ratio was between fourteen and sixteen times. That relationship ended in the early 1870s, following the Franco-Prussian war when gold reparations from France allowed the German victors to migrate from a silver to a gold standard.
Indian Silver Imports Surge to Record Levels
by Mike Maharrey, Silver Seek:
Indians are known to have a love affair with gold. India ranks as the number two gold-consuming country in the world behind only China. But Indians are also pretty fond of silver. In fact, India is the world’s biggest silver consumer.
And Indian silver demand is surging.
Silver imports skyrocketed by 260 percent in February, hitting a record high of 2,295 tons. That was up from 637 tons in January, according to a report in the Economic Times of India.
The Times said this surge in Indian silver buying “could support global prices trading near their highest in three years.”
