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Sunday Edition: December 10, 2023

GoldSeek Radio Nugget - Martin Armstrong on International Capital Flows

Armstrong attributes the rise of gold, the dollar, and stocks simultaneously to capital flight into the U.S. due to geopolitical conflicts and instability.

BIS gold swaps rose 47% to 100 tonnes in November

BIS refuses to explain its activities in the gold market, nor for whom the bank is acting. The BIS has almost certainly acted on behalf of central banks, as they are the BIS’ owners.

Job Market Cancels Big Bond Bets

The labor market refuses to cooperate with the fantasies of stock and bond investors. Bond market destruction, defaults, and crashing banks will take us deep into this recession.

Gold-Record’s Calamity; Stocks’ Stark Misfortune-to-Be

Gold’s dominant trends all remain up:  that includes the key 21-day linear regression trend, and both the year-over-year regression trend and the parabolic Long trend, now a healthy eight weeks in duration and accelerating upward.

Fair Shares of Debt

Some people think we could easily balance the U.S. budget by (insert simplistic idea here). Some problems, like the National Debt, are so big we can’t even understand them, much less solve them.

Gold & Silver Outlook after Contrived Flushout...

PM sector investors have just been royally played – first they are encouraged to pile in on gold’s breakout to new highs, which occurred when it was already very overbought, and now they are being pressured into barfing their holdings before the sector turns around and then goes on to break out for real.

Friday Edition: December 8, 2023

GoldSeek Radio Nugget - David Haggith: The Fed Is Not Going to Pivot

Equities have been soaring for ridiculous reasons - this idea that the Fed's almost done now, and then the Fed's going to pivot [and lower rates]. That's nonsense.

Gold-Record Momentum

Gold just achieved its first new nominal record close in several years!  That came as a super-bullish upside breakout in a massive secular chart pattern, portending much-higher gold prices. 

US Jobs Report: A Key Catalyst For Gold

We booked serious profits into this rally and we're flat now, awaiting fresh buy and sell signals for gold stocks, bonds, and silver.

Final Resistance for Gold & Silver

Get positioned during this weakness because share prices could accelerate much higher before next spring. There is no looking back once the market clears $2100.

Central Banks and Geopolitics to Support Gold In 2024

So whilst soft landings have not always been good news for the gold price, we would posit that the latent impact of increased rates on the US economy combined with geopolitical events and central bank buying will set gold up for a stellar 2024. 

2024, "The Year of Chaos," Will Sweep over us Like a Tsunami

It’s going to be a huge mess. That is why the Fed has never exited a tightening period without creating a recession and will not do so now even though the market feverishly believes this time will be different than all others.

Sound Money Scholarship Awards $13,500 to 9 Outstanding Students

CEO Gleason: "For almost a decade, we've provided an opportunity for students to further their understanding of sound money through our annual scholarship competition."

Fortitude Gold Drills 1.52 Meters Grading 23.00 G/T Gold Within 4.57 Meters Grading 8.80 G/T Gold at East Camp Douglas North

"We are excited to see widespread high-grade gold in these first few drill holes which speaks to a large gold bearing system at East Camp Douglas North," stated Mr. Jason Reid, CEO and President of Fortitude Gold.

Everything Tomorrow Centered on the US Jobs Report at 7:30 AM CT

It is a difficult market right here. It's certainly going to look at the jobs data and come to life with it. 

Thursday Edition: December 7, 2023

Polish Central Bank Buys Gold According to Secret EU Plan

Of concern to our present study is Poland, eligible for eurozone inclusion, which is buying large volumes of gold which reaffirms the existence of the agreements.

Down the Money Drain Hole We Go!

The Fed cannot back out of these troubles it is creating as it did so facilely when past periods of tightening failed without reigniting inflation.

Live from Zurich, GoldSeek TV Interviews Mining Industry Executives and Experts

Live from the Zurich Precious Metals Summit, GoldSeek TV speaks with mining industry executives and experts. 20 interviews were filmed at the Precious Metals Summit in Zurich on November 13 and 14.

New Pacific Metals Corp - Red Cloud Update

In just two years, New Pacific has advanced Carangas through the discovery process and resource establishment and is now preparing to complete a PEA...

Fortitude Gold Declares December 2023 Monthly Dividend

The company declares its monthly dividend of $0.04 per common share payable on December 29, 2023, to shareholders of record as of December 19, 2023.

Gold Staying Under Pressure as Long as Dollar Keeps Climbing

We've had one wild ride in this market where you got up to $2150, and you're now $100 an ounce lower. Why is the market stopping here?

Wednesday Edition: December 6, 2023

GoldSeek Radio Nugget - Steve Rocco: Bullion Traders Should Be Buying

Rocco states: "We could see higher [gold] prices due to the momentum of the algorithms, of the futures trading, and of the inverse dollar trade."

Rumblings in Reserves

If the Fed goes back to QE this time to solve a problem, should a larger problem emerge...then it will likely crush its own fight against inflation and send inflation soaring.

$2010 & $1985: Golden Stocking Stuffers

A drop to the lower trendline would put gold at the big $2010-$1985 support area. It’s a “must buy” zone for most gold stock enthusiasts. I call it a golden stocking stuffer.

The Real Problem With Our Foreign Policy…

Those who “try to pull up the drawbridge,” Sec. Austin said, undermine the security that has led to decades of prosperity. Prosperity? Has he looked at the national debt, inflation, and the destruction of the dollar?

Gold, Silver and GDX Outlook after Turnaround on Monday...

Next time gold tries to break above this critical level it is likely to do so from a position of more strength and once gold succeeds in breaking above the key $2100 level it’s on...


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