by irdadmin | Oct 30, 2020 | Financial Markets, Gold, Precious Metals
The eastern hemisphere Eurasian geopolitical economic bloc of countries led by China and Russia have been systematically reducing their usage in the U.S. dollar to settle bilateral trade activity: “In the first quarter of 2020, trade between Russia and China in...
by irdadmin | Oct 29, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
Gold and silver futures have been used for decades to control the price of gold and silver. In fact, declassified letters )which can be found in the GATA archive) that bounced between Henry Kissinger and his advisors in the early 1970’s discuss the need for a...
by irdadmin | Oct 28, 2020 | Financial Markets, Gold, Precious Metals
The following commentary is from Chris Powell, the Treasurer of GATA. I fully endorse his view. In fact, when the report initially surfaced that the World Gold Council reported Central Banks to be net sellers of gold in September, I summarily dismissed it for the...
by irdadmin | Oct 23, 2020 | Financial Markets
The precious metals sector began to pullback in early August after a frenzied run-up in July. The technical/momentum indicators were flashing “overbought.” In the meantime, most economic indicators have been telling us the so-called “V” bounce...
by irdadmin | Oct 21, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Another round of “QE” money printing, another round of the flight-to-safety rush into gold, silver and mining stock… For as insanely overvalued as are many of the “tech/unicorn” bubble stocks (SHOP, W, TSLA, CVNA, etc), the precious...
