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Friday Edition: May 7, 2021

Dr. Copper's Inflation Diagnosis Shows the Patient Is Already Sick

All indications point to another gold run amid rising geopolitical tensions, tighter supply, central bank gold buying, low interest rates, negative real yields, and what could be the most inflationary period in decades. 

What the Fed DOESN’T Want You to Know About Inflation

The biggest rotation of all could be from dollar-denominated financial assets into tangible assets including physical precious metals.

Thursday Edition: May 6, 2021

The CFTC’s Response

Prior to yesterday’s receipt of the Commission’s response, I would have had to count the agency as on the side of the 4 big shorts, but now, I’m not so sure.

Death by Resource Depletion

Unfortunately the world’s ecological balance has not been right for a very long time. As a society, we are consuming resources far more quickly than we are replacing them, which is the very definition of unsustainable.

Demand for Gold is Expected to Grow Exponentially in 2021

The difference between physical gold investing and ETF investing was stark in the first quarter 2021 according to the World Gold Council’s Gold Demand Trends data released last week.

Precious Metals Update Video: Gold trend and bias is up, resistance is solid

The 18-dma continues to support gold on the drops. Resistance around $1,800 is a lot of big resistance.

Wednesday Edition: May 5, 2021

Janet Yellen’s Flip-Flop and What She’s Really Telling Us

Yellen’s flipflop is telling. Even if inflation is an issue (and it is), there isn’t a darn thing the Federal Reserve can do about it.

COMEX Gold Delivery Update

The bullion banks work off of flow and not stock. Therefore, COMEX gold is subject to the same pressures and squeeze potential as COMEX silver. Maybe next time, the hashtag should be #GoldSqueeze?

Precious Metals Update Video: END OF AN ERA -- CME Closing Down the trading pits..

CME said the lone exception would be the options pit for Eurodollar contracts.

Tuesday Edition: May 4, 2021

Calibre Mining: Executing on its Hub-and-Spoke Strategy, Posts Solid Q1 Results

Calibre Mining reports robust Q1 production and financial results...Highest Quarterly Production in over four years.

The Gold Money Train: All Aboard!

The big picture?  Well, investors need to ignore the $100-$200/oz gyrations and focus on the fact that gold is the ultimate currency. 

Fortitude Gold Increases Monthly Dividend Fifty Percent, $0.36 annually per common share

“The Board of Directors is pleased to reward shareholders with a fifty percent cash dividend increase, which reflects our ability and confidence to generate significant free cash from our high-grade Isabella Pearl gold mine."

Gold to Benefit from Mounting Us Debt Pile

The more likely scenario, unfortunately, is money-printing “out the wazoo” bearing ridiculously high deficits and debt, a currency war with China, and finally, hyperinflation leading to the destruction of the US dollar.

Will Special Interests Allow America’s ‘Longest War’ to Finally End?

The US has wasted $2.26 trillion dollars on a generation of war on Afghanistan. Much of this money has been spent, according to the US government’s own Special Inspector General for Afghanistan Reconstruction, on useless..

Gold Update: Cracks in the Cartel Manipulation

I am of the opinion that the gold cartel will lose this battle to keep gold under $1,800. But expect the cartel to attack, but soon gold will break through the resistance zone.

Monday Edition: May 3, 2021

Technical Scoop: Bubble tears, inequality plague, Indian collapse, stellar numbers, May sell, shallow correction, gold bottom

But economic numbers this past week for the U.S. were stellar. Did the markets soar? No, for the most part they were flat or down. Sell on news? Sell in May, and go away? We continue to believe we are near at least a temporary top but any correction should be reasonably shallow.

Arkansas Ends Sales Taxes on Gold and Silver; Additional States May Soon Follow

By signing sound money legislation today, Arkansas Gov. Asa Hutchinson has officially ended sales taxation on gold, silver, platinum, and palladium bullion and coins.

Fortuna Silver CEO On The Roxgold Acquistion

West Africa is one of the hottest gold mining and gold exploration jurisdictions in the world. After South Africa’s Witswaterand basin, West Africa’s Birimian Gold Province has the second largest gold endowment in the world.

Gold SWOT: Fortuna Silver Mines Is Acquiring Roxgold

Fortuna Silver Mines is acquiring Roxgold. Fortuna shareholders will own 64% of the combined company. The price offered is a 42% premium to the pre-announcement price but is at 0.88x of NAV.

Gold's Pullback: A Buying Opportunity

Technical chart updates on precious metals and stocks.

Sunday Edition: May 2, 2021

Precious Metals Update Video: Gold has to make a decision soon

Gold pushing the 18 week moving average.  Big supports just below $1,700.

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