Kitco News
(Kitco News) – Commodities are shoving aside technology, said Francisco Blanch, global commodities head at Bank of America.
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The post How ‘Gold’ replaced ‘Google’ in FANG appeared first on WorldSilverNews.
Kitco News
(Kitco News) – Commodities are shoving aside technology, said Francisco Blanch, global commodities head at Bank of America.
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The post How ‘Gold’ replaced ‘Google’ in FANG appeared first on WorldSilverNews.
Kitco News
(Kitco News) – “The discovery of high-grade gold mineralization at the Hamburg Mine zone, in a new geological target, is further indication of the excellent potential of the Jewel Ridge project. We await the base metals and silver values from hole JR-22-36DD which are sure to add value to the impressive intercept received to date.”
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The post Golden Lake Exploration reports 26.37 meters averaging 5.38 g/t gold appeared first on WorldSilverNews.
Munknee/Lorimar Wilson/3-18-2022
“The Fed’s…[increase in the interest rate on Wednesday] virtually guarantees a recession or depression. The beginning of the end of the bull market in stocks and real estate has begun, and the dawn has come for the pending bubble in precious metals.”
USAGOLD note: Wilson goes on to say that the World Economic Forum is calling for an asset bubble burst sometime between 2023 and 2025. “This,” he says, “means that the sky is the limit for gold and silver” with the risk that we head lower first. We recommend the link at the top for the full rationale.
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The post Today’s top gold news & opinion first appeared on Today’s top gold news and opinion.
Bloomberg/Mohamed El-Erian/3-22-2022
“Judging from price movements on Monday, the Federal Reserve risks slipping further into a no-win interaction with markets that is more familiar to developing countries that lack policy credibility than to a systemically important central bank — let alone the world’s most powerful one.”
USAGOLD note: The problem reduces to a Hobson’s choice: prolonged inflation or recession. We could end up with a combination of the two. None of this is new. El-Erian, though, does add something new to the mix – comparing Fed policy to that of a troubled emerging nation-state. The Fed he says might end up hoping for an “immaculate recovery.” Does not sound like the rational approach to the markets and economy central bankers so pride themselves in ……
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The post Today’s top gold news & opinion first appeared on Today’s top gold news and opinion.
According to the seasonally adjusted data, M2 expanded by $83B in February. January was revised down from $245B to $176B. No doubt, money supply growth is decelerating but is still far from contractionary. Figure 1: MoM M2 Change (Seasonally Adjusted) The table below shows that M2 is decelerating quite a bit at 4.7% when compared […]
The post Blog first appeared on SchiffGold.