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The Dollar’s Days are Numbered
44 days left to be exact. On October 22, the BRIC nations are meeting for a Summit in Kazan, located in Russia in the Republic of Tatarstan. They are designing their own payment system outside US...
There Isn’t Enough Silver
Samsung is beginning to mass produce its sold-state battery capable of powering EV’s up to 600 miles of range, charge in just nine minutes, and last 20 years. Current EV battery range is only...
Why Most Gold Miner’s Suck
Gold rose 6X over the past 20 years. Over that period Newmont is up only 16%, basically unchanged. Most of the majors are currently trading at the same price they were 20 years ago. Let me tell you...
Get Ready for a Market Crash and a Fed Rescue
Every time the yield curve inverts the market crashes…every single time. The chart below shows the 2 year note yield less the Fed Funds rate. The 2 year yield is the market rate driven by...
Gold Has a Long, Long Way to Rise
The GLD Gold ETF shares outstanding rose slightly to 291 mil. Each GLD shares is equal to an ounce of gold. The GLD currently holds 269 mil gold ounces. The difference being the 0.40% expense ratio...
Rising Yield Curve is Great for Gold.
The blue line shows the 10 year – 2 year yield curve. The curve is inverted with the 10 year at 4.24% and the 2 year at 4.43%. The curve has been inverted for two years since July 2022. An...
600 Solar Gigawatts by 2025!
That’s 100% growth from 2024. 3.125 mil solar panels are needed per each gigawatt. 20 g/t silver are needed for each solar panel. That’s 2 mil silver ounces per gigawatt. and 300 mil gigawatt...
Get Ready For $4,000/oz Gold
The ECB just cut rates this morning. Canada cut rates yesterday. The US Federal Reserve is next. The last easing cycles occurred in 2000 and 2007 and 2019. Gold rose 3X, 2X, 1.6X over the next few...
The Comex is Running Out of Gold
2.14 million gold ounces was delivered, or taken out of COMEX inventory, on Friday. Some large buyer took physical possession of their 21,400 gold futures contracts. This is the largest one day...
Silver Demand is Exploding Higher
According to the World Silver Survey and Bloomberg Silver is running its 4th consecutive year of supply deficits. Silver mine supply is only 800 mil ounces per year. Demand has been outpacing supply...
Silver Demand From Solar Far Outpaces Silver Supply
World Silver Survey monthly report noted that Silver demand from Solar rose 64% from 118 mil oz in 2022 to 194 mil oz in 2023. Total silver production over the same period was constant at 830 mil...
Gold is back, and it has a message for us.
https://www.ft.com/content/bdcb7d8a-e958-4910-9d1b-a6a519812503 It’s not often to see a positive gold article in the traditional media, especially at the Financial Times. The article suggests that...