Friday, May 27, 2022

Are We Staring Down A Silver Price of $15? [If So, Lock & Load!]

[Ed. Note: If you want a great deal on PHYSICAL SILVER, click HERE.]
from Silver Doctors:

“If anything comes out of left field, a quick repricing in the metals could follow”

The silver price has closed up on 8 of the last 10 days. This comes as not much surprise at is has been a difficult couple of months for the white metal. This coming week, however, will be a test in price action that could have significant consequences. As we have noted on the daily chart before, silver seems to be stuck in downward channel, and while bullish in the long run, we are now at a make-it or break-it point where we will either punch through the channel resistance, or we are on the cusp of another downleg. If the movement reflects the latter, could we be staring down $15? There has been very little riding of either the high or low trendlines of this channel, with the exception of just a few days riding to the high side in early June, so we’ll know soon enough if there is a break-out.

Another Major, Near-Term Reason To Own Precious Metals…Crypto-Currency!

by Andy Hoffman, Miles Franklin:
Without peer, Zero Hedge is the best alternative financial media website on the planet. It has been this way for years; and without it, I couldn’t do my job as effectively. However, they are not perfect; and consequently, I have been “blackballed” from Zero Hedge since calling “Tyler Durden” out, way back in 2011 – for not giving enough credence to Precious Metals manipulation; or subsequently, understanding how the reason his website is so popular is because gold price suppression has enabled history’s largest, most destructive fiat Ponzi scheme to continue. In recent years, aided by the no-brainer evidence of such manipulation, Zero Hedge is much better at reporting on this all-important topic. However, I will continue to push as hard as possible to make sure it is reported correctly – by both Zero Hedge, and everyone else in the financial media.

RACING OFF THE CLIFF

from SGTreport:

On Friday gold and silver popped IN TANDEM, the Dollar dropped and mining stocks rocked. The Fed has thrown in the towel and hyperinflation cannot be stopped says Trade Genius founder Bob Kudla who joins me to discuss this and the latest insanity from the liberal lunatic Left.

https://www.youtube.com/watch?v=XnjZ64QvI3U

Gold Is the Most Stable Currency in the Long-Term

by Jan Nieuwenhuijs, Voima Gold:

CPM Group recently released a video showing that gold’s purchasing power declines over time. According to my analysis this is false. Gold’s purchasing power is markedly stable, and outperforms any other currency.

If gold didn’t retain its purchasing power, why would long-term investors and central banks store it in their vaults for decades? Hardly is gold used for industrial applications, so, again, why hold large stocks of gold if it would lose its value over time? The truth is that gold retains its value, and the stability of gold’s purchasing power in the long-term is the main reason to own it.

HOW TO STORE GOLD, SILVER AND BITCOIN LIKE A BOSS

by Chris Marcus, Miles Franklin:

This “how to” secure storage strategy is for those of you who, like me, love gold, silver and bitcoin.

Actually, if you only love gold or silver and hate bitcoin, this article will show you how to store your precious metal in fully segregated and secure offshore storage facilities protected by your own armed security force.

If you love bitcoin and hate gold and silver, you’re going to learn how to safely store your bitcoin in a super secure, unhackable and bulletproof bitcoin “cold storage” system.

THE SYSTEM DIED. THE RESET IS COMING. — Lynette Zang

from SGTreport:

Seven interest rate increases by the Federal Reserve since Fall of 2015 and still the 30 year sits at 3.1? Meanwhile, President Trump criticizes the Fed for raising rates too quickly and says the Fed is the biggest threat to our economy, and what happens? The markets suddenly crash. The fix is in. But you already knew that. Lynette Zang joins me to discuss it and she says the system died in 2008, and we are in the final stretch before the reset Rothschild’s Economist magazine predicted would come this year.

https://www.youtube.com/watch?v=XhJc0Il9OXc

AN ARMADA OF BLACK SWANS — JIM WILLIE

from SGTreport:

Jim Willie returns to SGT Report to discuss Basel III, QE to infinity and the armada of black swans telling us that something is very wrong.

https://www.youtube.com/watch?v=sSYcHKw2XWM

83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal

from ZeroHedge:

Over the years, we have periodically reported of the occasional gold bar discovered as counterfeit in Manhattan’s Diamond District which instead of containing the yellow precious metal would be filled with gold-plated tungsten or in some cases copper. The news would spark a brief wave of outrage, prompting physical gold holders to run ultrasound spot checks of their inventory, at which point interest would wane and why not: buyer, after all, beware in gold as in every other market, and if someone is spending thousands to buy fake gold, well that’s Darwinism in action.

MASSIVE RAID ON SILVER AND GOLD AT THE COMEX

CARMAGEDDON IN USA CAR INDUSTRY./4 STATES DO NOT HAVE THE REQUIRED BUDGET FOR 2018
from Harvey Organ:

In silver, the total open interest SURPRISINGLY ROSE BY 171 contract(s) UP to 201,056 DESPITE THE FALL IN PRICE OF SILVER THAT TOOK PLACE WITH FRIDAY’S TRADING (DOWN 2 CENT(S). AND THE CONSTANT TORMENT THESE PAST FEW WEEKS.

In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.0050 BILLION TO BE EXACT or 144{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 326 NOTICE(S) FOR 1,630,000 OZ OF SILVER

In gold, the total comex gold SURPRISINGLY ROSE BY 7873 CONTRACTS DESPITE THE FALL IN THE PRICE OF GOLD ($3.50 with FRIDAY’S TRADING). The total gold OI stands at 460,557 contracts.

we had 30 notice(s) filed upon for 3000 oz of gold.

Read More @ Harveyorganblog.com

Basel III is Coming, and That’s Bullish for Gold

by Doug Casey, International Man:

The new Net Stable Funding Requirement (NSFR) rules under Basel III for gold come into force at the end of this month. They are barely mentioned in the mainstream financial media, yet they will have a major impact on gold, gold dealers, and banks, although much of the speculation on the motives for and the impact of the rules on the gold price is exaggerated, in my opinion.

A RED WAVE OF JUSTICE IS COMING

from SGTreport:

Bix Weir returns to SGT Report to discuss military tribunals for the bad guys and the big red wave of justice that’s coming for the deep state criminals. We also discuss JP Morgan’s silver position, Bitcoin, Litecoin and much more. Thanks for tuning in.

https://www.youtube.com/watch?v=cJs0Pk478PE

GOLD & SILVER SALES JUST SPIKED 700% ON THIS NEWS!

from SGTreport:

The team from SDbullion.com joins me to discuss the news that caused precious metals sales to spike more than 700% on Monday. We also talk Bitcoin’s moon shot and Google’s blackout on truth. Thanks for tuning in.

**Buy 24 silver Britannia coins and get the 25th FREE!** https://sdbullion.com/2019-britannia-…

https://www.youtube.com/watch?v=vF3EMAReV8g

BITCOIN MILLIONAIRE PREDICTS SILVER WILL BE WORTH MORE THAN GOLD!

from SGTreport:

DavinciJ was one of the popular silver and gold bulls on You Tube back in 2010 and 2011. And then he discovered Bitcoin. he researched it, bought it and suggested others do the same. Under a Buck, but precious few listened. Now Davinci is a multi millionaire, but he’s still a silver and gold bug and he predicts that one day silver will be worth more than gold.

https://www.youtube.com/watch?v=r8MGirraAUI

SMOKING GUN: 2021 – THE YEAR OF COLLAPSE — Lynette Zang

from SGTreport:

You know about the crimes of the untouchable international banks, including the rigging of LIBOR rates which dwarfs even the magnitude of their precious metals markets manipulation. Well, it’s gotten so bad that the banks are attempting to ditch LIBOR all together by 2021. According to Bloomberg, “The 50-year-old global borrowing benchmark that became a byword for corruption, is headed for the trash heap of history.” And Lynette Zang thinks what this will mean for the more than $350 TRILLION in securities which LIBOR underpinned, is nothing short of a calamity: a total collapse. The clock has been ticking since long before the 2008 crisis, and Lynette believes the global debt bomb will finally detonate in 2021.

https://www.youtube.com/watch?v=EKja6BB6Z6s