The gold cartel lost control of the gold market, but it's still going after silver. Could silver test $50? Murphy is long silver, but won't predict timing.
Gold is up, suggesting inflation is back. The dollar is strong as if Europe, Canada and China are ailing (spoiler alert: They are.) Still, something’s got to give.
In the latest Money Metals Midweek Memo, Mike Maharrey explores Thanksgiving's history, the gold and silver markets, and the principles of sound money.
Holding gold not only allows you to take calculated risks but also helps you ride the waves of volatility almost certainly heading for the Irish economy.
If WWIII begins, essential assets would include a secure location, survival supplies, and gold. These provide safety and value, as the world will always need reliable forms of money.
While a normal bank losing billions every quarter would be in big trouble, central bankers at the Fed can rest easy. But somebody feels the pain. That somebody is Uncle Sam.
In July, we zoomed past $35-TRILLION...The mileposts to financial doom are flying by so fast they are just a blur now, and the rate at which they are going by is rapidly accelerating.
The Bryan Hyde Show featured Stefan Gleason, President of Money Metals Exchange, discussing sound money, precious metals, and current economic challenges.
