from The Duran:
TRUTH LIVES on at https://sgtreport.tv/
POLAND, AFTER A FEW MONTHS OF PAUSE, RESUMES ITS PURCHASE OF GOLD: LAST MONTH 15 TONNES
by Harvey Organ, Harvey Organ Blog:
HIGH LEVEL OF T.A.S. ISSUANCE GIVES US A STRONG INDICATOR OF CONSTANT WHACKING OF SILVER AND GOLD//GOLD CLOSED DOWN $9.50 TO $1963.25//SILVER CLOSED DOWN $.35 TO $23.13//PLATINUM CLOSED DOWN $25.90 TO $1025.95 WHILE PALLADIUM CLOSED DOWN A HUGE $46.35 TO $1406.50//POLAND, AFTER A FEW MONTHS OF PAUSE, RESUMES ITS PURCHASE OF GOLD: LAST MONTH 15 TONNES//GOLD AND SILVER PURCHASES BY INDIANS INCREASES DUE TO THE REMOVAL OF 2,000 RUPEE NOTE/INFLATION IN THE UK HITS 3 0 YEAR HIGHS//WAGNER CHIEF BROADCASTS HIS VICTORY OF BUKHMUT BUT ALSO ANNOUNCES THAT HE LOST 20,000 MEN//HE ALSO SCOLDS PUTIN FOR THIS INCURSION INTO UKRAINE//COVID UPDATES//DR PAUL ALEXANDER/VACCINE IMPACT/SLAY NEWS,EVOL NEWS//UPDATES ON THE DEBT CEILING DEBACLE IN CONGRESS
Gold ETFs Record Net Inflows for Second Straight Month in April
by Peter Schiff, Schiff Gold:
For the second straight month, gold flowed into ETFs in April.
Globally, gold-backed ETFs reported net inflows of 15 tons last month, reflecting an increase of about $824 million.
This follows on the heels of a 32-ton increase in ETF gold holdings in March after 10 straight months of net outflows.
COMEX Gold JOLTed Again
by Craig Hemke, Sprott Money:
Last month, we wrote about how employment is usually the ultimate lagging indicator of recession, and when the JOLTS jobs report was issued on April 4, the slowdown in hiring “jolted” gold prices higher. The latest report is having the same impact.
As we often do in these weekly columns, let’s begin this one with a reference to that last time we covered this topic. Here’s a link to the article of four weeks ago along with a snippet of the first three paragraphs:
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
High Levels of Toxic Metals Found in Widely Consumed Drinks: Study
from The Epoch Times:
A new study has found that some commonly consumed beverages such as fruit juice and artificial soda contain levels of toxic metals including arsenic, cadmium, and lead that exceed federal drinking water standards.
Researchers from Tulane University, Louisiana, measured 25 different toxic metals and trace elements in 60 soft beverages, including single fruit juice, mixed fruit juice, plant-based milk, artificial soda, and tea.
The 3 Layers of Financial Preparedness
by Daisy Luther, The Organic Prepper:
As our banking system implodes all around us, you may be wondering how on earth we can be financially prepared for the future in a world where our national currency is at extreme risk. While it’s easy to say, “Invest in precious metals,” it’s also important to know that PMs, while important, aren’t your first layer of financial preparedness.
In this article, I want to talk about how to layer your financial preparedness to help yourself through the tough days ahead. Keep in mind that you may not be able to delve into every single layer, and that’s absolutely fine – you have to prep for your unique financial situation just the same way you prep for your unique living situation. Being realistic is the key.
Red Alert!
by Jim Rickards, Daily Reckoning:
Hurricanes are a threat if you live in certain areas. Yet, hurricanes are reliably confined to a hurricane season that runs from June to November in the Northern Hemisphere.
Likewise, wildfires are a threat, but they’re usually confined to periods when dry conditions and high winds combine to make forests predictably combustible.
Put differently, the exact timing of some catastrophes may be unpredictable but they’re usually associated with certain seasons and conditions.
Right now, we’re in the heart of banking crisis season. Even worse, we could be on the brink of a financial crisis worse than 2008.
Deflation/Inflation/Bust with Michael Pento
by Kerry Lutz, Financial Survival Network:
Michael Pento believes that the Fed’s rapid rate increases have caused a banking crisis, and that the Fed’s actions have created an artificial construct that will lead to a deflationary recession/depression followed by runaway inflation. He predicts a 30-50% drop in equity averages and suggests investors play it safe by collecting dividends in a safe manner.
Gold Contracts for Immediate Delivery Explode Higher
by Peter Schiff, Schiff Gold:
In 5 days, the COMEX has seen 4,190 contracts open and stand for immediate delivery. This is the strongest start to a month going back at least 2 years, which includes the start of the war in Ukraine and the February 2021 Reddit silver squeeze.
In the latest Comex update, I mentioned that:
Gold has started a bit slow. This shouldn’t be a surprise though as the game in gold continues to be net new contracts.
As the chart below shows, total delivery volume remains a bit below the trend. However, the delivery month just got started.
Ongoing U.S. Mint Failures Bring Discredit to America, Raise Costs
by Clint Siegner, Money Metals:
We are one third of the way through 2023, and it has certainly been interesting in the bullion markets thus far.
The year opened with supply and demand for coins, rounds, and bars pretty well balanced. Demand surged when the failure of Silicon Valley Bank awakened investors to the possibility of systemic problems among smaller and regional banks.
In the background, gold and silver prices have been drifting higher.
For the moment, retail bullion demand has eased, and the markets seem to be taking a breather.
