Tag: Silver price

Analyst Predicts Shocking Gold Price Spike

Via Birch Gold Group

Analyst Predicts Shocking Gold Price Spike

From Peter Reagan at Birch Gold Group

This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Five-figure gold in the long-term, the silver supply picture is worse than we know, and prices force Turkish couples to turn to imitation gold for their traditional wedding celebrations.

Adam Rozencwajg: Five-figure gold will become a long-term reality

Adam Rozencwajg of Goehring & Rozencwajg Associates is the latest high-profile name in finance to forecast a five-figure gold price in the long-term. We’ve previously remarked how these kinds of forecasts used to be reserved for the most diehard of gold bugs. Even the Dalios and the Schiffs of the market might have hesitated to unleash such a bold prediction not too long ago.

These days, they’re somewhat commonplace and across the board. Rozencwajg could be called someone with no skin in the game, as he says his firm exited precious metals when gold first hit $2,070 over what looked to be a better opportunity in oil. Indeed, the metal pulled back while energy did what it did. Continue reading “Analyst Predicts Shocking Gold Price Spike”

This Coming Financial Crisis Is Different, but Gold Is the Same as Ever

Via Birch Gold Group

This Coming Financial Crisis Is Different, but Gold Is the Same as Ever

From Peter Reagan at Birch Gold Group

This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: What to watch out for in the coming financial crisis, Citi thinks $30 silver is a lowball forecast, and how to solve the debt ceiling stand-off with a single platinum coin…

Gold is the best defense in a financial crisis of privacy, property and ownership

Stansberry Research’s George Gammon joined Daniela Cambone in an in-depth interview detailing the imminent financial crisis. One of the primary assertions Gammon makes is that the crisis is going to differ from previous ones. That much has already been beaten in, to the point of even the IMF saying it will be unlike previous crises. But what’s the difference?

Gammon believes central bank digital currencies (CBDCs) are going to take center stage in what’s shaping up to be a decade-long financial tumult. It will have similarities to 1940s, along with some rather controversial developments. In fact, Gammon tells us we was roundly criticized in 2019 for promoting “conspiracy theories.“ A lot of these predictions have either already materialized or are in the works. The Federal Reserve is rolling out FedNow, while both the International Monetary Fund (IMF) and the Bank of International Settlements (BIS) are having ominous meetings over some kind of global digital currency. Continue reading “This Coming Financial Crisis Is Different, but Gold Is the Same as Ever”

Here’s Why This Metal Is Prone to Crisis-Driven Manias… And the Next One Is Coming Soon

Via International Man

inflation

The media hated them.

Big Business, numerous federal agencies, and politicians of all stripes hated them too.

Tiffany’s, the famous jewelry company, vilified them in a full-page advertisement in The New York Times, calling them “unconscionable.”

The villains everyone loved to hate were the Hunt brothers. They were critics of the fiat money system and advocated hard money based on commodities.

Continue reading “Here’s Why This Metal Is Prone to Crisis-Driven Manias… And the Next One Is Coming Soon”