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Gold Price Surges Over $2,000/oz For The First Time In History
BySirhcGold Breaks $2,000/oz and Surges to $2,042/oz – New All Time Record Nominal Highs ◆ Gold surged past the important $2,000/oz level to a new record high today due to concerns about the outlook for stocks, bonds and other assets in an increasingly vulnerable U.S. and global economy. ◆ Gold has surged to new record…
LBMA Press Release
BySirhcLBMA is the international trade association that represents the wholesale over-the-counter market for gold and silver bullion. LBMA undertakes many activities on behalf of its members and the wider market, setting industry standards including good delivery and refining standards, ownership of the precious metal benchmark prices as well as serving as a point of contact…
Gamestop = Tech Bubble 2.0, Are You Ready For What’s Coming?
BySirhcStocks have entered a kind of speculative frenzy. You’ve no doubt heard or read about Gamestop (GME) the bricks and mortar video game retailer. The company has been in trouble for months, failing to turn a profit since 2018. And this is happening despite revenues growing. Because of this, hedge funds have taken MASSIVE short positions in…
How Long Will It Take For The US To Collapse?
BySirhcCourtesy of Alt-Market by Brandon Smith There are a multitude of false assumptions out there on what the collapse of a nation or “empire” looks like. Modern day Americans have never experienced this type of event, only peripheral crises and crashes. Thanks to Hollywood, many in the public are under the delusion that a collapse…
Trading the Gold-Silver Ratio
BySirhcFor the hard-asset enthusiast, the gold-silver ratio is common parlance. For the average investor, it represents an arcane metric that is anything but well-known. The fact is that a substantial profit potential exists in some established strategies that rely on this ratio. The gold-silver ratio represents the number of ounces of silver it takes to buy a single ounce…
Opinion: Why the stock market might soon careen down a dangerous ‘slope of hope’
BySirhcPublished: Feb 18, 2019 10:07 a.m. ET The prevailing mood has shifted from extreme pessimism to extreme optimism By MARK HULBERT COLUMNIST CHAPEL HILL, N.C. (MarketWatch) — Sentiment conditions on Wall Street are flashing short-term danger signs. That’s because the mood has shifted from the extreme pessimism that prevailed in late December to nearly as…
