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Gold

Gold’s Rise In Price Is A ‘Mystery’ Because Journalism Always Fails To Pursue It

Thanks for inadvertently illustrating today the greatest power of governments and central banks in the financial markets… by Chris Powell of the Gold Anti-Trust Action Committee (GATA) 11:38a ET Tuesday, […]

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Gold

New Deal 2.0: Revaluation Of The US Dollar By Dropping Two Zeros (Where $100 Becomes $1)

“a silver dollar (an ounce of silver) will be about 18 cents under the new conditions. Which may encourage their owners to start paying in silver coins” ***** Editor’s Note: […]

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Gold

Red Bull and Goya Foods Resist Cultural Warrior Group-Think – and Sales Are Off the Charts

Two well-known corporate brands made a giant leap of faith, jumping into shark-infested waters to swim against the powerful current of cancel culture… by Robert Bridge via Strategic Culture Foundation […]

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Gold

‘I would be buying now and continue to buy’ gold, says Mark Mobius investing pioneer

MarketWatch/Staff/7-25-2020

“Mobius says that investors find themselves in a curious spot where buying stocks and gold are both viewed as ways to preserve capital and avoid erosion from inflation. ‘We’re in a very interesting situation where people are looking at stocks to preserve their capital because stocks will adjust to inflation and also gold. Their sort of hedging their bets.’”

USAGOLD note:  Mobius has been a vocal advocate of gold on the interview circuit for over a year now. He points out in this article that mine ouput “should be declining” as a result of COVID-19.

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Gold

Will gold hit new historic highs?

NewsMax Finance/Ed Moy/7-23-2020

graphic image of a gold bull against blue background with arrows pointing higher“While the Fed, institutional investors, and pension funds own much of the debt that finances our fiscal spending, foreign countries account for nearly 30%. And chief among those foreign countries is China. Given that our relationship with China is quickly deteriorating, it is not clear what appetite it has for funding our economic recovery. So, expect gold prices to break new records until the economy is on a predictable path toward recovery without the fear of inflation, which given the early stages of the economic crisis caused by this pandemic, could be some time.”

USAGOLD note:  Moy was Director of the United States Mint during the 2008 financial crisis.

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Gold

Gold Is Rallying. The Mining Stocks Are the Best Way to Play It. – Barron’s

  1. Gold Is Rallying. The Mining Stocks Are the Best Way to Play It.  Barron’s
  2. Gold miner stocks charge broadly higher as gold prices reach records  MarketWatch
  3. Gold mining stocks are outperforming gold  Invezz
  4. Why Silver Miners Like Coeur Mining, Endeavour Silver, and Fortuna Silver Mines Took Off Today  Motley Fool
  5. Precious Metal & Mining Top Last Week: Winning ETFs  Yahoo Finance
  6. View Full Coverage on Google News
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Gold

Gold price hits record high on new fears for the economy – CNN

  1. Gold price hits record high on new fears for the economy  CNN
  2. Bullish cocktail fueling strong gains in gold, silver  Kitco NEWS
  3. Gold Price Hits A Record High As Pandemic Drives Uncertain Outlook For Economy : Coronavirus Live Updates  NPR
  4. Gold prices hit all-time high, and it’s a bit of a mystery why  CBS News
  5. Gold price jumps to new record, over $1930 per ounce  USA TODAY
  6. View Full Coverage on Google News
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Gold

If You Think Gold Prices Will Climb To $10,000, Forget It – Forbes

If You Think Gold Prices Will Climb To $10,000, Forget It  Forbes
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Gold

Does current gold price make sense? McKinsey warns these sectors destroyed permanently – Kitco NEWS

Does current gold price make sense? McKinsey warns these sectors destroyed permanently  Kitco NEWS
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Gold

Gold price marks highest settlement and intraday price on record – MarketWatch

Gold price marks highest settlement and intraday price on record  MarketWatch