Where is the next catalyst for the precious metals going to come from?
John Rubino joins me today to share his thoughts on what will be the next catalyst to drive gold and silver higher. It really all comes down to central banks and governments but they are reactive to market and currency moves.
I get tired of hearing bad news……
https://www.zerohedge.com/markets/deflation-citizenrys-hard-assets-will-be-huge-buying-opportunity-insider-power-elites
Now this might be partially corrected by some form of Universal Basic Income (UBI), but this will take time, and people will initially use it to shore up their survival. I look at what happened in real estate after 2006, where it crashed and was successfully hyperinflated again. Ordinary people lost their homes, and private equity firms bought them up with cash and re-inflated the real estate bubble. Look at what has happened to gold, which should be $4,000 to $5,000/ounce right now, but manipulation of gold paper (and selling gold “assignments” over actual gold) has kept a kibosh on its meteoric rise.
One should not underestimate how much the global elite has tied the welfare of a fearful global populace into their own program and benefit.
This year, dividends have NEVER been lower in the history of the stock market, yet the S&P 500 hit a new high? Billionaires are making tens of billions of dollars more!
I get very tired of the rich are getting richer complaint.
You don’t have to be a billionaire to buy some out of the money long-dated call options on some tech companies when the Fed has your back flooding the market with money.
You just have to be intelligent.
Hope you are not directing that at me….. 🙂
I bet you did not even read the article……
Pennys going under…..Simon says no deal……Indianapolis Mall owner greedy owners…
https://www.zerohedge.com/markets/jc-penney-verge-liquidation-after-mall-talks-collapse
Bezo and Simon…….two of a kind…..
Another good one…interesting about the prosecutor is doing…
Copper price leaps 26-month high on strong Chinese rebound
Frik Els | August 31, 2020
“Jonathan Barnes of Roskill said in a recent report the copper price will likely rise further towards the end of 2020, and that the current environment has strong parallels to the rebound in the copper price after the global financial crisis, thanks to massive stimulus efforts by Beijing. ”
https://www.mining.com/copper-price-leaps-26-month-high-on-strong-chinese-rebound/
Granite Creek Copper To Acquire Copper North Mining.
https://web.tmxmoney.com/article.php?newsid=8625752677727976&qm_symbol=GCX
The M&A continues…. Thanks for the heads up DT.
Silver futures are back above $29 again. (Can producers make money at $29? 🙂 )
Gold at $1995 knocking on $2000 again. (Can producers make money at $1995?)
US Dollar a bastion of strength at 91.84
Lobo Tiggre – The Scramble Into Monetary Metals Just Keeps Building
Liberty and Finance – 08/31/2020 #VIDEO
Silver Price Rally Will Create Mining Stock 10-Baggers – Gwen Preston
Arcadia Economics – Aug 26, 2020 #VIDEO
“To find out if that will happen again on this rally, and also explain why the miners have lagged the bullion prices, Gwen Preston “The Resource Maven” joined me on the show to discuss exactly that.”
Silver Price Forecast+ Blast Off – August 26, 2020 iGold Advisor Christopher Aaron
Northstar @Northst18363337 · 14h on Twitter:
“Silver Juniors have broken out again. Target $22”
https://twitter.com/Northst18363337/status/1300489990649020416
New Guy in Town…….Vinny going to gold mining….. 🙂
https://www.zerohedge.com/markets/venezuela-turns-gold-mining-escape-economic-ruin
Added to Blackrock Gold after good drill results again. Starter position in Cabral.
Added to Silver Tiger.
Tuesday knock downs are getting repetitive.
Added to Abraplata
Buffett is buying gold and silver over in Japan.
(More available than in U.S.)