You End a Debt Deflation by a Gold Revaluation

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My selection of tweets of the week concerning the evolution of the “paper” and physical gold markets: COMEX (futures), LBMA, US dollar, Fed… The Fed and Treasury are merging…President Trump taking control of the Fed ? #fed #trump #qeinfinity #blackrock pic.twitter.com/HkJMn5XIVd — Fabrice Drouin Ristori (@FabriceDrouin) March 28, 2020 you end a debt deflation by a… Read More

Fun on Friday: Coronavirus Lockdown Edition

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April 3, 2020  by SchiffGold  0   0 OK. I gotta be honest. Being effectively under house arrest isn’t very much fun. But it’s the world we live in now, so might as well make the best of it. I mean, I can at least still legally ride my bike. Not on the beach, mind you. But other than… Read More

Gold Bullion Coin and Bar Shortages Continue and Deepen

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Editors Note: The shortage of gold bullion coins and bars continues and appears to be deepening. It is not just smaller one ounce bullion coins and bars that are sold out and increasingly unavailable but also larger gold and silver bars including gold kilo bars (32.15 ozs) worth and 1,000 oz silver bars. Refineries, government… Read More

GLOBAL SILVER SUPPLY COLLAPSE ON ITS WAY

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Due to Mexico’s Ministry of Health issuing an Executive Order for the immediate suspension of non-essential activities until April 30th, the mining industry in the country has now come to an abrupt halt. The mining industry was hoping for an exemption to the Executive Order, but was not granted one. So, companies are now suspending… Read More

Crisis Exposes Devastating Result of Ongoing Fed Policy

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Two weeks ago, during a March 17 address to the nation in response to the COVID-19 outbreak, President Donald Trump asked that Americans work from home, postpone unnecessary travel, and limit social gatherings to no more than 10 people. And last week, on March 27, Trump signed a stimulus package of over $2 trillion dollars… Read More

Supply & Demand Are BOTH Crashing in the Unfolding Carnage

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Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. We continue to see unprecedented demand for gold and silver here at Money Metals Exchange, so we will forego an outside guest interview again this week in the interest of time. Servicing our customers has been an all-hands-on-deck effort with lots of overtime and new… Read More

What About Silver?

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April 2, 2020  by SchiffGold  0   0 There’s been a lot of focus on gold with the crashing stock market and economic chaos set off by the coronavirus economic lockdown. But what about silver? There were reasons to be bullish on silver even before the bottom fell out of the stock market. In its 2020 Market Forecast, the… Read More

A primer for gold newbies

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The purpose of this article is purely educational. Increasingly, the wider public is turning to gold in a spontaneous reaction to financial and economic problems that have become suddenly apparent, hastened by the spread of the coronavirus. For everyone now thinking of buying gold it is a leap into the unknown, so they should know… Read More

How Central Banks Will Expand the Zombification of the Economy?

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Faced with the coronavirus crisis, the central banks went into “open bar” mode: in the United States, the Federal Reserve announced on March 3 an injection of $1.5 trillion coupled with a cut in its key rate to zero, while the European Central Bank followed with the announcement on March 19 of a €750 billion emergency… Read More

Fed Launches International Repo Facility

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April 1, 2020  by SchiffGold  0   0 In yet another unprecedented attempt to keep the air in the financial bubbles, the Federal Reserve announced the establishment of an international repo facility. The repo facility will allow foreign central banks and other international monetary authorities to enter into repurchase agreements with the Federal Reserve. According to the Fed announcement,… Read More

Important Personal Update from Stefan Gleason…

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Dear Money Metals customer, It’s been an extraordinarily busy few weeks at Money Metals Exchange, and I am pleased to report that we continue to ship out orders at a breakneck pace. Our inventory sources are holding up well, enabling us to keep popular coins, bars, and rounds in stock. And we have NOT been… Read More

Silver Investing During The Coming Financial Storm

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While the world has entered into a financial crisis, the worst is still yet to come. When the global contagion continues to spread, the crisis will turn into a FINANCIAL STORM, in which few are prepared. Unfortunately, the analysts on CNBC and Bloomberg continue to provide incorrect forecasts because they are looking at the markets… Read More

ECONOMICS TURNED ON ITS HEAD! GOLDCORE VIDEO UPDATE

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Watch Here ◆ “Epic” gold shortages, government and bank risk and corruption and U.S. unemployment and stocks both surge …◆ Stephen Flood, David Russell & myself just recorded our first ever Live Video Gold Market Update on YouTube ◆ GoldCore remains open for business and when they become available we are buying coins and bars from… Read More

The Myth of the Non-Essential Business

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March 31, 2020  by Michael Maharrey  0   1 As the coronavirus-induced economic lockdowns have tightened across the US, we’ve seen the emergence of a government-inspired fantasy – the myth of the nonessential business. Government officials across the country have forced the closure of these so-called non-essential businesses while allowing “essential” enterprises to soldier on. Politicians and bureaucrats have… Read More

Credit crisis averted; monetary crisis initiated

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The Fed seems to have managed to halt the massive dollar squeeze and the associated strength in nominal yields and real-interest rate expectations.  This has led to a reversal of the rather peculiar gold sell-off that started in early March. We think this short-term win for the Fed to come at the expense of sharp… Read More

How the C-Factor Could Decimate Global Gold & Silver Supply

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Item: March 16, 2020. A huge poly-metallic (gold, silver, copper) mining operation in Mongolia “has suspended operations” after authorities “restricted the movement of goods and people within the country.” Item: March 17. In Peru, one of the world’s largest primary silver-gold producers has its 4 mines “temporarily suspended” following the Government’s Declared State of Emergency.… Read More

James Turk: The Path Towards Fiat Money Destruction

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[embedded content] In this interview with James Turk I ask him about Gold as Money and why gold is not an investment.  The distinction between money and currencies.  The path of fiat money destruction and the loss of its purchasing power.  Why the currency and the financial system are flawed.  What is payment risk? Governments… Read More