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These Billionaires Are Issuing Terrifying Warnings About Global Debt Levels
ByChris V.By Simon Black on February 2, 2019 We write a lot about global debt levels at Sovereign Man. In fact, the very first Notes from the Field I ever wrote, in June 2009, was about how broke the US was… and the severe consequences that eventually face a nation that recklessly spends money it doesn’t…
Silver Consumption in Global Automotive Sector to Approach 90 Million Ounces By 2025; Should Challenge Silver Usage in Photovoltaic Industry
BySirhcWith modern cars using more silver than ever in theiradvanced technology components, the worldwideautomotive sector could need nearly 90 million ounces(Moz) annually of the metal by 2025, according to arecently-published report by the Silver Institute.In four years, silver consumption in the automotivesector should rival that of the photovoltaic industry,forecast to reach 98 Moz in 2025,…
Precious Metals Price Jump After Fed Announcement
BySirhcPosted on June 20, 2019 by Pat Heller A standard pattern for the past several years has been for the prices of precious metals to be suppressed in the 24-48 hours before the Federal Open Market Committee makes their announcements at the end of their meetings held every six weeks. The US government, through its primary trading…
Gold on track for small weekly loss as dollar strengthens
BySirhcPublished: Feb 8, 2019 8:11 a.m. ET 0 By William Watts DEPUTY MARKETS EDITOR – MarketWatch Gold futures edged higher early Friday but remained on track for a small weekly loss in the face of a stronger U.S. dollar, though bulls remained encouraged by the haven yellow metal’s resilience. Gold for April delivery GCJ9, +0.34% on Comex was up $2.20, or…
Silver down over 3% on the day as buyers show further signs of exhaustion for now
BySirhcSilver falls to $23.50 and back under its 100-hour moving average The moves in silver and gold remain a major theme in the market this week and we are seeing further signs of a pullback with silver down by over 3% on the session now.More notably, price action is starting to break its 100-hour MA…
Gold: USD 2,000 per ounce within reach
BySirhcGold powers to an all-time high The stars are aligned for gold prices to continue to rise A lower dollar, aggressive monetary policy easing, ultra-low interest rates, negative US real yields, fiscal stimulus and the technical outlook all support gold prices Nonetheless, positioning does remain extreme which could encourage volatility Introduction – Will gold break…