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Tuesday Edition: October 27, 2020

Gold Is the Only Way Out for Central Banks

Many years of loose and unconventional monetary policy have severely damaged financial markets and the global economy. Currently, central banks find themselves cornered, as the financial system is drowning in debt and addicted to ever easier money. Gold, however, provides multiple solutions.

Here’s Who Wins the November Election

Cantankerous, divisive, even violent—choose your adjective, but the upcoming US election is on a level we haven’t seen in a long time. Even on my own street there are strong feelings on both sides, and a third side that is simply trying to stay out of the line of fire.

Something Bad Is About To Happen

Many people believe that black swan events are unforeseeable. Well, I would agree that the “event” itself may be unforeseeable, but the market declines that accompany them are not unforeseeable.

Gold in no mans land : Stocks in a triangle

Multiple attacks on the gold market to try and take it back down. Video Update.

Precious Metals Update Video: At an important point

Gold is at a key area. What levels to watch out for the next big up or downside move. Video Update

Monday Edition: October 26, 2020

AbraPlata Intersects high-grade silver-gold-copper mineralization at Diablillos

The company announce high-grade assay results from diamond drill holes DDH 20-007 and DDH 20-008, recently completed at the Oculto deposit.

Gold SWOT: Could We See $40 Silver Within the Next 12 Months?

Citigroup estimates silver could surge to $40 an ounce in the next 12 months due to a recovery in industrial demand and strong investor appetite for precious metals.

Announcing the Winner of the U.S. Election!

Regardless of how you count total debt, and how economists rationalize, DEBT is an obvious “winner” in this race toward self-destruction.

A New Wave Count For Gold
This bullish triangle could be complete at the 1896.60 low.
Gary Kalynchuk Mon, 10/26/2020 - 09:06 Food Inflation & Mining Stock Plays
GDX, Wheat, Freeport, GDXJ and more technical chart updates.
Morris Hubbartt Mon, 10/26/2020 - 08:14 Gold: Warning Signs Pop Up This Week
I am a little nervous, on Wednesday we had a reversal which looks like a problem materializing -- video update.
Gary Savage Mon, 10/26/2020 - 07:05

Robert Lambourne: BIS' maneuvering in gold hits another high

The BIS' use of gold swaps and derivatives has been extensive so far this year, with September's level being the highest in the period since August 2018 as highlighted in Table B below. By contrast, in May 2019 the bank was carrying only 78 tonnes in swaps.

Precious Metals Update Video: Gold needs to close below $1,899 to get bearish
A close above $1,929.10 will get things bullish. We are at a key point in this market.
Ira Epstein Mon, 10/26/2020 - 03:58

Asian Metals Market Update: Physical buyers are waiting for an opportunity to buy more

Mine supply constraints and high Chinese demand for industrial metals will ensure that industrial metals rise throughout the year.

The Green Shoots of 2020

Those who lived through the last financial crisis might may recall the Green Shoots episode. It drew laughs on March 15, 2009, shortly after the Federal Reserve fired its heaviest artillery and, we now know, launched the longest bull market in history.

Friday Edition: October 23, 2020

Goldsource Adds Third Drill at Eagle Mountain, Expands No.1 Hill Zone

Expansion drill results for the No. 1 Hill zone with adjacent Baboon zone and infill drill results for the Eagle Mountain deposit, Kilroy zone, represent 26 core holes for 2,630 meters.

COT Gold, Silver & USDX Report - October 23, 2020

COT Gold Report - Positions as of Tuesday, October 20, 2020.

Gold Stocks Still Correcting

The gold miners’ stocks are still correcting, continuing to rebalance both technicals and sentiment.  This sector’s huge surge into early August spawned extreme overboughtness and universal euphoria, which are gradually being bled away.

Gold Seeker Report Issue #36 ~ This Week In Mining: Catalysts on the Horizon

News from mining companies died down this week as a result most producers reporting production numbers over the last two weeks. The next month should be full of catalysts such as the Election, Stimulus Package, & Earnings Season.

Is The Gold, Silver And Mining Stock Pullback Over?

Over the last couple of weeks several Fed officials on a daily basis have been delivering speeches which appear to be prepping the public for a lot more money printing.

Gold and Crypto: Is This How Charts Look Before A Monetary Collapse?

It is the massive debt. It cannot be serviced. It will collapse the whole system.

Central Banks Don’t Understand “the Way the World Works”

Here in 2020, with the very soul of America torn at the line between the rich (getting richer) and the middle/poor (getting poorer) and with the Fed in balls out inflation mode, it’s a macro Groundhog Day where the same damn thing happens cycle after cycle.

Precious Metals Update Video: You are in a Churn, Inflation is coming
Debate in focus.  Inflation coming now, no matter who is in power. 
Ira Epstein Fri, 10/23/2020 - 01:29