Saturday, June 15, 2024

Silver And The Coming Monetary Reform

by Hubert Moolman, Survival Blog:

The analysis of two similar economic cycles over the last century reveals some interesting facts about silver and how it relates to the coming monetary system collapse and reset

Below, is a long-term silver chart showing how silver performed in these similar and specific cycles:

Both cycles start at major gold/silver ratio bottoms in 1919 and 1979 respectively. Very early in the cycles, there was a major interest rate peak (1920 and 1981). The major interest rate peak signals or confirms that conditions are likely to be favourable to debt-based assets for a long time, and unfavourable to gold and silver.

Gold Bars Discovered in Sen. Bob Menendez’s Residence During Raid Linked to High-Profile 2013 Robbery

0

by Jim Hoft, The Gateway Pundit:

In a compelling development stemming from an FBI raid conducted last year, a portion of the gold bars found in the residence of embattled Sen. Bob Menendez (D-NJ) have been identified as those stolen in a high-profile 2013 robbery.

In September, Sen. Bob Menendez, the senior U.S. Senator from New Jersey and the former Chairman of the Senate Foreign Relations Committee, and his wife, Nadine Menendez, were indicted on bribery and corruption charges.

IN THE NEXT 12 MONTHS TOTAL INTEREST COSTS IN THE USA WILL EXCEED 1 TRILLION DOLLARS

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED UP $0.75 TO $1960.15//SILVER CLOSED UP ANOTHER 27 CENTS TO $24.99//PLATINUM CLOSED UP $$2.50 TO $978.00 WHILE PALLADIUM CLOSED DOWN $14.70 TO $1285.25//MUST READS: ALASDAIR MACLEOD AND A MUST VIEW: ANDREW MAGUIRE//LIVE FROM THE VAULT//RUSSIA VS UKRAINE UPDATES//COVID UPDATES/VACCINE IMPACT/DR PAUL ALEXANDER//SLAY NEWS/EVOL NEWS//BIG NEWS THAT IN THE NEXT 12 MONTHS TOTAL INTEREST COSTS IN THE USA WILL EXCEED 1 TRILLION DOLLARS//BIDEN MOBILIZES ANOTHER 3,000 SOLDIERS FOR DUTY INTO EUROPE WHICH ANGERS PUTIN GREATLY// HOUSE LOSES VOTES TO STOP CLUSTER BOMBS SENT TO UKRAINE

CHINA MAY BE TAKING GOLD PUBLIC

USA DEPLOYS A NUCLEAR SUBMARINE OFF ISRAEL’S SHORE AND THEN TELLS EVERYBODY WHERE IT IS LOCATED

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED DOWN $9.90 TO $1981.75// SILVER CLOSED DOWN 6 CENTS $23.12//PLATINUM WAS DOWN $25.95 TO $911.50 WHILE PALLADIUM CLOSED DOWN $27.40 TO $1105.95//EXCELLENT GOLD COMMENTARY TODAY FROM SIMON BLACK//UPDATES ON THE WAR BETWEEN ISRAEL AND HAMAS//TWO EXCELLENT EDITORIALS FROM THE JERUSALEM POST//POLICE OFFICER STABBED TO DEATH BY AN EAST JERUSALEM 16 YR OLD AS HE WAS NEUTRALIZED//USA DEPLOYS A NUCLEAR SUBMARINE OFF ISRAEL’S SHORE AND THEN TELLS EVERYBODY WHERE IT IS LOCATED//COVID UPDATES//VACCINE INJURY REPORT//DR PAUL ALEXANDER/SLAY NEWS ETC

Poland’s 50/50 gold buying: 50 tonnes bought over 3 months, but another 50 tonnes to go

0

by Ronan Manly, BullionStar:

Poland’s central bank, Narodowy Bank Polski (NBP), is officially the biggest central bank gold buyer in the second quarter of 2023, having accumulated a massive 48.52 tonnes of monetary gold between April, May and June of this year. This is the first time in nearly 4 years since the Polish central bank last bought gold for its reserves.

This large concentrated buying by the NBP during Q2 also puts the Polish central bank in third place globally for gold buying during the first half of 2023, behind China and Singapore.

Eight Central Banks Increased Gold Holdings in May

by Peter Schiff, Schiff Gold:

Excluding another big sale by Turkey, central banks were net buyers of gold in May, according to the latest data compiled by the World Gold Council.

Eight central banks added gold to their reserves in May with net purchases totaling 50 tons.

But with Turkey dumping another 63 tons of gold in May, global net central bank gold holding fell by 27 tons.

A Busy Week for Gold

by Craig Hemke, Sprott Money:

As January ends and February begins, the calendar has suddenly gotten very busy in terms of news events that will impact the COMEX gold price. Whether that impact will be positive or negative remains to be seen.

Let’s start with the economic news pending for Tuesday. The monthly JOLTS jobs data has long been a driver of intraday volatility for the precious metals, and when it’s released on Tuesday, you can be certain that prices will once again be “jolted”. Why? This report measures trends in hiring and firing, and with the U.S. jobs market reportedly remaining “strong”, traders look to the JOLTS report for early warning signs in total employment.

GoldSeek Radio Nugget – Martin Armstrong

from GoldSeek Radio Nugget:

TRUTH LIVES on at https://sgtreport.tv/

Federal Reserve Policies and Silver Industrial Demand

by Craig Hemke, Sprott Money:

Watch Craig Hemke from Sprott Money and Chris Marcus from Arcadia Economics on the “Monthly Wrap-Up” podcast for a quick dive into the latest in precious metals. Get insights on soaring gold and silver prices, Federal Reserve policies, and global tensions, plus expert tips for navigating the market. Tune in now for your monthly dose of valuable analysis!