Sunday, May 22, 2022

What About… Ukraine Gold?

by Steve Brown, The Duran:

A subject you won’t hear much about – or anything about — in the western media, is about Ukraine’s gold. Since fiat and its derivatives rule the day, the popular belief is that gold is mainly a ‘quaint artifact’ of the past and plays no role in geopolitics. The foregoing is of course a totally incorrect CNBC-type take, as most popular beliefs are, so it’s no surprise that no mainstream commentator will address the subject of Ukraine gold. But gold is still a primary source for financial collateral among sovereigns. To put that another way, gold reserves may be a major contention between belligerents when those reserves are substantial and at stake.

Bill Holter on The Hrvoje Morić Show

by Hrvoje Morić, The Hrvoje Morić Show:

GUEST OVERVIEW: Bill Holter writes and is partnered with Jim Sinclair at the newly formed Holter/Sinclair collaboration. Prior, he wrote for Miles Franklin from 2012-15. Bill worked as a retail stockbroker for 23 years, including 12 as a branch manager at AG Edwards. He left Wall Street in late 2006 to avoid potential liabilities related to management of paper assets. In retirement he and his family moved to Costa Rica where he lived until 2011 when he move back to the United States. Bill was a well known contributor to the ‘Gold Anti Trust Action Committee. (GATA) commentaries from 2007~ present.

The Silver Chart THEY Don’t Want You To See!

from Silver Doctors:

The conspiracy mongers don’t want you to see this chart…

by Keith Weiner of Monetary-Metals

On Thursday May 12, the price of silver fell about a buck. As with every one of these big price moves, the question is: what really happened? Below is a chart of the day’s action, with price overlaid with basis. Basis = future – spot. It is a great (i.e. the only) indicator of abundance or scarcity of metal to the market. However, here we are using it for a different, simpler purpose. We want to see the relative moves in the spot price and the near futures contract price (i.e. July).

Silver, Gold – or Both? Finally, a Useful Answer

from Birch Gold Group:

This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: When to buy silver over gold, bonds fall short yet again, and how recessionary concerns are materializing before our eyes.

An insight into when silver should be considered over gold

An analysis published in the United Arab Emirates-based Gulf News examines the age-old question: when to buy gold, and when silver? Both are time-honored safe haven investments. Economists widely agree that both gold and silver share many virtues: Easily accessible and redeemable, highly liquid, historically used as money, intrinsically valuable and free of counterparty risk. The parallels lead some to call silver “poor man’s gold.”

COMEX TAS Games

by Craig Hemke, Sprott Money:

Well, here we go again. The COMEX gold front month is due to go off the board and into delivery, and once again, open interest has been loaded for maximum price impact.

Let’s start with another review of previous posts on this topic. Here’s just one link, the most recent article written for Sprott Money on this subject:

To save you some time, what is Trade at Settlement?

Social Credit Score? How About a Hard Money Credit Score!

by Jeff Clark, GoldSilver:

You’ve likely heard about the idea of a social credit score, where citizens could be graded on how environmentally or socially responsible they are. You recycle? Score one. You don’t recycle, minus one. You drive an electric vehicle? Score ten. You drive a carbon-spewing SUV, minus ten.

We can debate how effective something like this would be, and the scary ways it could be abused by the government, but in my view there’s a more important scoring system that should be implemented.

It has direct bearing on your financial future…

GOLD AS CHEAP TODAY AS IN 1971 AT $35

by Egon Von Greyerz, Gold Switzerland:

“Specie (gold and silver coin) is the most perfect medium because it will preserve its own level, because having intrinsic and universal value, it can never die in our hands, and it is the surest resource of reliance in time of war.”  – Thomas Jefferson

Since no current President or Prime Minister nor any Central Bank Chairman understands what money is or the relevance of gold, we turn above back to history and Thomas Jefferson, America’s third president for a proper definition.

THE FED WILL BRING THE EU & DAVOS TO THEIR KNEES — LUONGO & MARCUS

from SGT Report:

This is part two of my conversation with Tom Luongo & Chris Marcus, and Luongo is on fire. Thanks for tuning in.

IS THE FED AT WAR WITH DAVOS PSYCHOPATHS? – TOM LUONGO & CHRIS MARCUS

from SGT Report:

Chris Marcus and Tom Luongo join me to discuss the state of our bubble economy and what lays ahead as inflation explodes, and Tom drops some compelling and unconventional theories that I think may hold water. I hope you enjoy this conversation. Thanks for tuning in.

GASOLINE PRICES RISE TO RECORD LEVELS IN THE USA AND EUROPE

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED UP $5.40 TO $1814.90//SILVER CLOSED UP $.52 TO $21.51//PLATINUM FELL SLIGHTLY BY 40 CENTS TO $943.20//PALLADIUM RISES BY $81.35 TO $2018.50/GOLD STANDING FOR MAY RISES BY ANOTHER HUGE QUEUE JUMP OF 33,000 OZ//NEW STANDING 17.8150 TONNES//SILVER OZ STANDING REMAINS RELATIVELY CONSTANT AT 27.815 MILLION OZ//GASOLINE PRICES RISE TO RECORD LEVELS IN THE USA AND EUROPE//BOTH SWEDEN AND FINLAND SET TO JOIN NATO: RUSSIA CUTS OFF FINLAND FROM ITS NATURAL GAS//COVID UPDATES//IVERMECTIN UPDATES//VACCINE INJURY REPORT//VACCINE IMPACT//COMMODITY REPORT: WHEAT

The ULTIMATE Gold Chart Targets Price Rising To $3000

from Silver Doctors:

This rise likely features a modest reduction in…

by Stewart Thomson of Graceland Updates

1.   The main themes for the world’s major markets are the 2021-2025 war cycle, the inflation and interest rates cycle, the horrifying overvaluation of the US stock market, the rise of Chindian citizens as global economy leaders, outrageous debt, and the role of gold (and possibly crypto to a small degree) as the main store of wealth for savvy investors living in this discombobulated world.

The War on Gold Ensures the Dollar’s Downfall

by Matthew Cortez, Money Metals:

Last month was the 89th anniversary of one of America’s biggest blunders on her descent from honest, sound money into weaponized political money: Executive Order 6102.

Signed on April 5, 1933, U.S. President Franklin Delano Roosevelt required all persons holding more than five ounces of gold to deliver their “gold coin, gold bullion, and gold certificates, now owned by them to a Federal Reserve Bank, branch or agency, or to any member bank of the Federal Reserve System.”