by irdadmin | May 22, 2024 | Financial Markets, Gold, Precious Metals
The GSR is currently at 82, after trading as high as 92 earlier this year and up to 97 in 2023. It traded down to 63 in early 2021, which put silver at $30. If gold were to hold at just $2400 while the GSR falls to 63, the conservative price objective for silver would...
by irdadmin | Mar 15, 2024 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Gold recently hit all-time highs in all of the major currencies (euro, yen, British pound, yuan). Last Friday (March 1, 2024), priced in dollars gold achieved its highest weekly close and then proceeded to hit new all-time highs. Wednesday (March 6th) gold hit a new...
by irdadmin | Feb 13, 2024 | Financial Markets, Gold, Precious Metals, U.S. Economy
Tom Bodrovics invited me on his Palisades Gold Radio podcast to discuss a wide range of tops, most notably the Tucker Carlson interview of Putin, the reflated stock bubble, the existential build-up of debt in the U.S. and mining stocks. Share...
by irdadmin | Feb 2, 2024 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“The Fed knows it can’t risk cuting rates right now [despite obvious signs of a very weak economy] or he risks the dollar falling off a cliff.” The FOMC meeting and Policy Statement release is a big event in the financial markets. Every word in that...
by irdadmin | Jan 30, 2024 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The commentary below is from the January 12th issue of the Mining Stock Journal. You can learn more about this mining stock newsletter here: MSJ Information The stock market bubbled back up in 2023 because the Fed, despite a gradual reduction in its balance sheet, has...