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. Whatβs going on?
I Googled βGold Price Prediction for 2023β and the responses were all over the place. Here is a screenshot of what popped up.
by Jeff Clark, Gold Seek:
Paydirt editor Doug Hornig addresses exactly how a revaluation of gold could take place. There are already hints from the Fed itself, and the benefits to the government are many. What would happen to the gold price? And to gold stocks? Doug shows how a gold revaluation would make a lot of senseβ¦
Ok, right up front, I do not know of a secret place where you can buy gold for one cent on the dollar. Sorry. But Iβll come back to that $42 number in a moment.
The gold price, which went flat in late October, has lately turned north again, adding $160, or about 4%, since November 20βas I write on December 2. The miners have more than kept pace, with the large-cap GDX rising 10.5% over the same period and the small-cap GDXJ vaulting higher by more than 13.5%.
by Chris Marcus, Silver Seek:
The gold and silver prices were both down this past Thursday, as it seems like Wall Streetβs finally starting to realize that we might not really be close to a resolution with the Strait of Hormuz, and, of course, also the war.
The gold futures are down $44 to $4,708, and the silver futures are down $2.51 to $75.44, while crude oil is up $4 on the day to $97.
by Jon Forrest Little, Silver Seek:
Russia’s recent move to temporarily ban the export of precious metals waste and scrap is a significant development in the ongoing economic war between East and West. This decision, following China’s long-standing practice of retaining its gold and silver, signals a shift in global commodity dynamics that could have far-reaching consequences.
As predicted by Jon Forrest Little of Silver Academy months ago, strategic nations like Russia and China are now taking steps to prohibit the export of crucial metals. This move is not just about waste and scrap; it’s the beginning of a larger trend that could reshape the global economic landscape.
by Harvey Organ, Harvey Organ Blog:
ANOTHER T.A.S. INDUCED GOLD AND SILVER RAID: GOLD CLOSED DOWN $7.10 TO $1955.50, SILVER CLOSED DOWN $.26 TO $23.98//PLATINUM CLOSED DOWN $19.95 TO $994.15 WHEREAS PALLADIUM CLOSED UP $22.45 TO $1346.85//IMPORTANT GOLD COMMENTARIES TODAY FROM MATHEW PIEPENBURG AND MICHAEL MAHARRY OF SCHIFFGOLD//ALSO AMBROSE EVANS PRITCHARD ON THE PLIGHT OF CHINA AND WHAT IT MEANS TO US://CHINA AND USA CONFIRM THAT CHINA ORCHESTRATED SPY RINGS IN CUBA SPYING ON USA//GERMANY WILL HAVE ENERGY PROBLEMS FOR QUITE SOME TIME//COVID 19 PROVEN TO COME FROM WUHAN LAB//LAW SUITS FLYING OVER COVID VACCINE/DR PAUL ALEXANDER//SLAY NEWS/EVOL NEWS//UPDATES ON RUSSIAN UKRAINE WAR//UPDATES ON CANADIAN FIRES AND QUALITY OF AIR//HUGE SWAMP STORIES FROM GATEWAY PUNDIT ON THE CROOKED BIDEN FAMILY
by Claudio Grass, Claudio Grass:
For the longest time, according to conventional and widely embraced wisdom, all responsible and prudent members of society had to have a savings account. All those hardworking taxpayers and all those forward-thinking and sensible individuals that understand the importance of planning ahead, of being prepared for whatever the future holds and of securing a better life for their children, have traditionally been expected to put whatever they could afford aside from their paycheck every month, and to deposit it in thatΒ βuntouchableβ account. It was strictly meant to be used after retirement, or for their kidsβΒ college tuition, or in case of a devastating illness or other catastrophic emergency.
