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Friday Edition: September 22, 2023

Gold and Miners Weather the Fed

Gold and the miners weathered this week’s latest hawkish FOMC meeting pretty well. Gold only retreated modestly.

GoldSeek Radio Nugget -- Alasdair Macleod: Get Out of Credit and Own Gold
Macleod recommends getting out of credit and owning real money, which is gold, and to only spend gold if credit becomes valueless. 
Chris Waltzek Fri, 09/22/2023 - 10:05

Reality Keeps Pounding the Heads of Dull Investors

The worst recessions came with inflation turning to hyperinflation when banks tried to solve the problem by pumping lots of new money into it.

Dollar Up and Still Looks Like it can Go Higher

The stock market went down 400 points, but gold didn't come unglued. The gold market is only drifting with bearish bias.

Thursday Edition: September 21, 2023

Metals Metals Everywhere but Not Enough for Life
Rome ran out of trees to smelt metals and it was game over for Rome. Currently there's a shortage of metals to electrify our vehicles, homes, and power grids.
Jon Forrest Little Thu, 09/21/2023 - 10:51 An Offshore Bank Account Can Make All the Difference in the World
Wealthy people use international diversification to protect their money from out-of-control governments. Anyone can implement similar strategies.
Doug Casey Thu, 09/21/2023 - 10:38 Gold Slips as Fed Signals More Hikes to Come
The truth of it is, it’s obvious that nothing is on the way to be ‘sorted’. Markets are just trading to make cash until the fat lady sings.
David Russell Thu, 09/21/2023 - 10:16 FedAir is on Fire
Workers fight to make sure they lose nothing to inflation, and tell companies to give the hit to the overpaid higher-ups.
David Haggith Thu, 09/21/2023 - 10:02

Wednesday Edition: September 20, 2023

Rates, Oil, & Gold: Key Wave Counts

Gold is breaking above the major downtrend line connecting 2080.70, 1987.60 and 1953.00, which suggests we will move sharply higher from here! 

Oil Keeps Flowing Uphill, China Keeps Sliding Downhill
The Fed has clearly stated it has no intention of lowering rates before the end of 2024, but the market keeps wanting to get high on the fumes of hope.
David Haggith Wed, 09/20/2023 - 09:25

All Eyes Will Be on the 2PM EST FOMC Meeting

I'm not convinced we're through with the rate hikes. In the gold market, the pattern is a higher high and a lower low. That's not a set-up you want to do much with. 

Tuesday Edition: September 19, 2023

Will The Fed 'Cause' A Mini-Crash?
The last 3 days in the market are an example of how foolish it is to attempt to trade the market based upon news. They are all making it up and have no idea what is going on.
Avi Gilburt Tue, 09/19/2023 - 13:26

Gold: Til Death Do Us Part

It’s a big week for gold bugs of the world, with the next FED announcement on Wednesday, the BOE on Thursday, and the BOJ on Friday.

Fueling up Inflation
The Fed was the culprit in raising inflation. Market forces in the geopolitics of oil have now taken over in driving up inflation, and there is NOTHING the Fed can do about it.
David Haggith Tue, 09/19/2023 - 13:11 Ron Paul’s Heroic Struggle To End the Fed
The Fed is at the center of all of the plots of the deep state to destroy us. Ron Paul has waged a heroic battle against the Fed. The slogan, “End the Fed,” is forever associated with Dr. Paul.
Llewellyn Rockwell Tue, 09/19/2023 - 12:55

Gold SWOT: Gold Imports by India Surged 40% in August

Gold in China is trading at a record premium to international prices, a sign of Beijing’s escalating battle to defend its currency.

The Reaction the Dollar has to the FED Will Help Determine Trend

The gold market is challenging 1936.80. If the market can close over that, you can say the bias has swung to the upside.

Asian Metals Market Update for 19th September 2023

Traders are long in gold and silver before the Federal Reserve meeting tomorrow and bank of Japan meeting on Friday.


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