- Silver Price Prediction – Silver prices traded flat following retail sales data FX Empire
- Silver Price Prediction – Silver Rallied on Dollar Weakness Yahoo Finance
- Silver Price Analysis: XAG/USD stalled near 50% Fibo., bearish flag spotted on short-term charts FXStreet
- Massive support coming up for the silver price Kitco NEWS
- Silver price analysis: Is silver breaking down? Equity.Guru
- View Full Coverage on Google News
Month: May 2022
Financial News/Mohamed A. El Erian/5-15-2022
“Big shocks to the global economy, such as Russia’s invasion of Ukraine, understandably capture the most attention. But a new worldwide pattern of little fires everywhere may be equally consequential for longer-term economic well-being. Over time, these small fires can coalesce into one that is just as threatening as the initial large fire that acted as the catalyst.
USAGOLD note: Remember nuclear proliferation? Now, according to El Erian, we have nothing less than systemic risk proliferation coming at us from multiple directions. “If that nightmare scenario materialises,” he warns referencing the risks listed in the headline, “the effects will be felt far beyond individual developing countries – and will extend well beyond economics and finance.” As we pointed out in the May issue of News & Views, today’s headlines serve as a constant reminder of why we own gold.
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Carnage in Cryptolandia
The New York Sun/Scott Norvell/5-13-2022
“Fingers are being pointed. Conspiracy theories are being floated. Some victims are said to be suicidal, and a chief executive is reportedly under police protection in Korea. There are also lessons that, if history is any indication, would be largely forgotten by the time the next mania comes along.”
USAGOLD note: What’s frightening is how quickly it happened. Luna-Terra investors lost millions in a matter of days and the whole crypto sector continues to wobble dangerously.
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- Gold subdued by strong U.S. retail sales, rate hike CNBC
- Gold slips after strong U.S. retail sales data, rate hike bets Reuters.com
- Are gold and silver breaking down? | Kitco News Kitco NEWS
- Gold Price Forecast: XAU/USD bulls suffer around the 200-DMA and throw the towel as gold slips to $1820s FXStreet
- Gold ends higher Tuesday, extending bounce from 3-month low MarketWatch
- View Full Coverage on Google News
If you want freedom, you need sound money. So, argues economist Ludwig von Mises. It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments. Ideologically it […]
The post Sound Money and Freedom — Two Sides of the Same Coin first appeared on SchiffGold.
With a surge in April tax receipts, the federal government ran a record budget surplus last month. This seems like good news. And the mainstream spun it as such. But record government revenue is papering over a spending problem that isn’t going away. The surplus in April was $308.2 billion. This pushed the fiscal year […]
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