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Gold

Dear Government: This Is Not Helpful

After the stock market tanked last week, the Trump administration tried to do damage control and talk the economy back up. In his podcast, Peter Schiff said the damage control fell flat. In fact, everything the government is doing claiming to help isn’t helping at all. After what seemed like weeks of optimism, the bottom […]
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Gold

TOTAL MADNESS! Another “Mob Justice” Fail

What possible wrongdoing is Wendy’s guilty of? Were they supposed let a drunk driver obstruct their drive-thru and NOT call the police? by Simon Black of Sovereign Man You probably […]

The post TOTAL MADNESS! Another “Mob Justice” Fail appeared first on Silver Doctors.

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Gold

ALMOST VERTICAL: COMEX Gold Deposits Skyrocket

The latest COMEX gold deposits chart has gone almost as vertical as the US debt chart. Which isn’t easy to do, but is reflective of the growing… by Chris Marcus […]

The post ALMOST VERTICAL: COMEX Gold Deposits Skyrocket appeared first on Silver Doctors.

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Gold

We Are Facing A 6 Week Countdown To Immense Economic Despair…

All of the economic pain that had been deferred will come rushing back with a vengeance over the next several months. Here’s why… by Michael Snyder of The Economic Collapse […]

The post We Are Facing A 6 Week Countdown To Immense Economic Despair… appeared first on Silver Doctors.

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Gold

Perth Mint’s Been Buying Hundreds Of Millions Worth Of “Conflict Gold” Annually?

This would be a breach of its global accreditation and internal policies… (by Half Dollar) File this one under “monitor”. Because it could lead to some interesting developments in the […]

The post Perth Mint’s Been Buying Hundreds Of Millions Worth Of “Conflict Gold” Annually? appeared first on Silver Doctors.

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Gold

If Stocks Don’t Hold Here We Could See Another Crash of Sorts

The easy money from the rally has been made. The next trend is not clear. However, if stocks don’t hold here, we could potentially see a crash down to… by […]

The post If Stocks Don’t Hold Here We Could See Another Crash of Sorts appeared first on Silver Doctors.

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Gold

Government’s cure for the coronavirus recession is worse for the global economy than the disease

MarketWatch/Satjayit Das/6-12-2020

graphic image of bank with red flag“Debt is analogous to the effect that ice has on an aircraft. Planes are designed to cope with modest icing on the wings. But large build-ups cause a loss of lift, resulting in erratic flight, loss of altitude — and ultimately a crash. Global debt levels resemble a large buildup of ice on the wings of the global economy and threaten a catastrophic final chapter.”

USAGOLD note:  Das offers five ways to reduce debt, quickly debunks each and concludes with the warning posted above.

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Gold

There was never going to be a ‘V’ because the bowl was always empty

Alhambra Investments/Jeffrey P. Snider/6-11-2020

photo of the Federal Reserve Bank headquarters in Washington D.C., facade“What was stupidest about the past few months was how it was these guys who everyone was depending upon to make it all go just perfectly moving forward. Worse, those geniuses being held up as competent economic stewards practically reran the 2008 playbook line by line. What that said, more than anything, was that they had come up with zero new ideas. Nada. Zip. A full decade to think about it and just more of the same. Of course, Janet Yellen said this could never happen again. Not in our lifetimes.”

USAGOLD note:  So begins a scathing review of the Powell Fed chairmanship with a few well-placed broadsides aimed at the Yellen and Bernanke tenures thrown in for good measure.

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Gold

The week ahead – June 15, 2020

Week Ahead table 6-15-2020

Table courtesy of TradingEconomics.com

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Gold

Gold Price Analysis: XAU/USD sellers attack $1,730 as risk-off mood continues – FXStreet

Gold Price Analysis: XAU/USD sellers attack $1,730 as risk-off mood continues  FXStreet