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Gold

Zombie-nomics: Are you ready for the Universal Basic COLLAPSE?

Mike Adams says to prepare yourself for the “zombie economy”. If we don’t stop the rise of the zombie economy, here’s where it leads… by Mike Adams of Natural News […]

The post Zombie-nomics: Are you ready for the Universal Basic COLLAPSE? appeared first on Silver Doctors.

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Gold

Greg Hunter: Trump Reopens America, China Caused Implosion, And Economic Reality

President Trump made the first move to reopen America by announcing a three phase plan to do it on or about May 1st. State governors will… Greg Hunter gives The […]

The post Greg Hunter: Trump Reopens America, China Caused Implosion, And Economic Reality appeared first on Silver Doctors.

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Gold

Pillage & Plunder Surge While Freedom-Loving Americans Argue About Re-Opening America

SD Friday Wrap: Confused about when America should re-open, or whether the coronavirus is a big deal or not? That’s not a bug, it’s a feature… I can honestly say […]

The post Pillage & Plunder Surge While Freedom-Loving Americans Argue About Re-Opening America appeared first on Silver Doctors.

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Gold

Paul Craig Roberts: Are We Brewing a New Feudalism?

The elite have failed us too many times. It is time to dethrone them… by Paul Craig Roberts via PaulCraigRoberts.org The answer to the question is “YES.”  The large bailed-out creditors will […]

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Gold

Central Bankers Rapidly Devaluing Currencies Will Accelerate Gold’s Bull Market

Will enormous currency devaluation accelerate the next phase of gold’s bull market with gold going over $2,000 per ounce in the near future? Nolan Watson interviewed by Jason Burack of […]

The post Central Bankers Rapidly Devaluing Currencies Will Accelerate Gold’s Bull Market appeared first on Silver Doctors.

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Gold

U.S. Mint plant halts gold coin output just as demand is surging

Yahoo-Bloomberg/Joe Richter and Yvonne Yue Li/4-15-2020

photo of gold and silver American Eagles“The clamor for retail investors to get hold of precious-metals coins is about to get more urgent. The U.S. Mint said Wednesday it’s temporally halting production at its West Point facility in New York because of the risk to employees from the coronavirus. … The shutdown comes as convulsive swings in financial markets spur a surge in demand among retail investors for precious metals as haven assets. Last month, the Mint said it sold out of American Eagle silver coins, while the gold coins it offers were snapped up in March at the fastest pace in over three years.”

USAGOLD note: We referenced this report in this morning’s DMR and repost it here for those who may have missed it.  When we received notice of the stoppage, we were able to secure new inventory of gold American Eagle and Buffaloes, silver American Eagles and 100-ounce silver bars – all in limited numbers and at reasonable premiums. As you may already know, most of our competitors are out of stock on these items. Needless to say, there is no assurance we can continue to secure inventory under these circumstances.  If you have an interest please contact us – first-come/first-served.


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Categories
Gold

Gold still shines 50 years after Nixon. Will Netflix?

Bloomberg/John Authers/4-14-2020

“The stock market, home of optimists everywhere, is doing very well at present. But gold, where pessimists find a home, is doing even better. In dollars, the shiny metal closed on Tuesday at its highest since 2012. The all-time high is in sight, and it has gained more than 60% since its nadir in 2015.”

USAGOLD note:  John Authers enlists his considerable analytical skills to explain what gold might be telling us about the economy and the stock market. “A rising gold price,” he says, “is always a disquieting sign.”  The charts below show the performances of gold and stocks over the past 12 months and year to date.

Gold past 12 monthsoverlay chart showing performance of gold and stocks over the past year
Gold year to date
overlay chart showing the performance of gold and stocks year to date 4-15-2020

Charts courtesy of TradingView.com

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Gold

Gold price breaks $1700; let it ride to $2000 – Bank of America – Kitco NEWS

Gold price breaks $1700; let it ride to $2000 – Bank of America  Kitco NEWS
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Gold

U.S. Interest rates are going negative and gold prices are going higher – GraniteShares – Kitco NEWS

U.S. Interest rates are going negative and gold prices are going higher – GraniteShares  Kitco NEWS
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Gold

Gold prices solidly up as bulls again hit the accelerator – Kitco NEWS

Gold prices solidly up as bulls again hit the accelerator  Kitco NEWS