The lightening-fast Taliban takeover of Afghanistan has left billions of dollars of US weapons scattered around the country for the taking. And this doesn't just mean rifles or handguns.
After 20 years of fighting them, the US has turned into the Taliban's biggest weapons supplier. But the US arms merchants got paid...
Sentiment Index (University of MI) Drops Big Based On Inflation Fears. 80% Surveyed Blame Biden for Inflation. Kabul Debacle May Trigger a "Wag the Dog" Event.
On the heels of what has been arguably the most volatile year in history on many fronts, this widely followed money manager forecasts an even more choppy 2021, with a coming inflection point mid-year, bringing a “SUPER SPIKE” in interest rates, together with a fiscal and economic cliff.
Michael Pento, founder of Pento Portfolio Strategies, returns to Liberty and Finance to sound the alarm on what he sees rapidly approaching, so we can get out of the way in time, and even benefit from a truly startling opportunity.
Jim Rawles, founder of the largest preparedness site in the US, SurvivalBlog.com, returns to Liberty and Finance to offer a seasoned perspective on these volatile times, and the shifting landscape of freedom in our nation.
Most importantly, Jim gives specific actions we can take now to be aware and prepared for what comes next.
Socialism & Fascism are two sides of the same totalitarian coin, with the latter ideology being an offshoot of the former.
While Socialism preaches the State being the sole owner of the means of production, Fascism preaches a partnership of State (Power) and Corporations (Money).
Socialism leads to rapid ruin, while Fascism leads to a longer and drawn out ruin. The destination is the same regardless of the speed in getting there.
Freedom and free markets are the only escape from this totalitarian vice.
Powell says now's not the time to worry about spending. Biden's Plan - A giant all-in bet to "run it hot". Cancel culture lion may just turn on its own master.
The effects of unprecedented government spending (of money it does not have) and unprecedented Federal Reserve counterfeiting of U.S. dollars are showing up in the economy with rapidly rising prices.
You're expected to focus only on the symptoms, and then blame everything except The Fed. The Ron Paul Liberty Report focuses on the root of the problem, along with the solution.
Cause and Effect ... Supply & Demand ... These can never be abolished by central planners. Economic Laws and The Market always prevail over bureaucrats.
To believe that politicians can endlessly hand out money that they do not have, and that The Fed can counterfeit trillions of dollars without serious economic repercussions, is to believe in the impossible.
This week we cover the price movements of gold, silver, platinum, US Dollar Index, & the DOW. The Dollar share of global reserves has declined to a 25 year low.
We look at the relationship between the US Dollar & the price of gold in 2021, as well as exploring the bond market and what pressures it could place on the metals markets.
Proprietary analyst & founder of KirbyAnalytics.com, Rob Kirby, returns to Liberty and Finance to reveal how the Fed “forces” banks to accomplish Yield-Curve-Control (YCC) with a can’t-lose deal, at the expense of everyone else, including wage earners, savers, and retirees.
Rob also exposes the Bitcoin workaround China is using to flout US sanctions, driving an outsized surge in BTC transactions and price.
The silver squeeze first started making headlines more than two months ago, but the movement continues today, led by retail investors who continue to snap up physical metal.
Ed Steer of Ed Steer's Gold and Silver Digest said while he commends those who have been buying physical silver, there's a reason their efforts haven't led to a sustained silver price increase.
He explains why and covers much more in this interview.
No longer just standing for delivery on the exchange, the big money players are now actually puling metal off the exchange - and out of the building - in massive amounts never seen before.
Andy Schectman, CEO of Miles Franklin Precious Metals, returns to Liberty and Finance to reveal the NEXT STAGE DEVELOPMENT in the PHYSICAL SILVER INVENTORY GRAB.
Bob Thompson of Raymond James in Vancouver joins us to discuss the recent price action in the precious metals as we look ahead to next week's meeting of the FOMC.
Over 1.6 million oz of physical silver came into the Sprott Physical Silver Trust (PSLV) this week.
So while physical silver is still increasing in PSLV the last 2 weeks the amount of silver coming in is slowing down when compared to the pace of January and February 2021.
Gold is a safe haven for investors in times of uncertainty. Investors rush to accumulate precious metals when conventional paper investments such as stocks decline or experience volatility. For this reason, gold had a good run in 2020 due to the coronavirus pandemic coupled with geopolitical and economic uncertainty.
Investors resorted to stockpiling precious metals to protect their wealth. As a result, the price of precious metals leaped significantly due to a supply deficit. To be precise, gold recorded a 20% increase while silver and platinum increased 47% and 10%, respectively.
Precious Metals Will Perform Better In 2021
After a spectacular year, precious metals are poised to experience solid gains in 2021. According to Phillip Newman, MD at consultants Metal Focus, gold will hit new highs, but silver will see the highest gains. The price of precious metals will strengthen in the first quarter thanks to the low-interest rates and weak dollar.
According to ForexTradingBonus.com, The US economy’s slowdown could trigger a weaker dollar during the first quarter and low corporate earning. Fast economic recoveries s in other parts of the world could exacerbate this situation.
Effect of Economy Recovery on Precious Metals
Investors have been cautious and liquidated their positions, especially due to covid 19 worries.
Luckily, there is a likelihood that many countries will end restrictions and lift curfews with corona vaccine rollouts. This means there is a glimmer hope of economic recovery. Deploying the vaccine against the virus will boost investors’ confidence in assets that record a good performance during economic growth.
Additionally, with the end of the electioneering period, investors can now concentrate on fundamentals and other trading factors. For instance, Inflations threats, negative return on a bond, and massive government debt will continue in 2021, further supporting gold. According to Ros Norman, the Gold price could see a 20-25% increase.
Silver And Platinum Will Outdo Gold
Gold started experiencing growth in 2019 due to a slowing economy. The rally accelerated after the pandemic, hitting a record high of $2075 on August 7, 2020. As a result, the price of gold dipped to around $1900 as investors stopped buying. Although the demand for physical gold-dipped due to shutdowns, a surge was recorded in investment demand. For instance, SPDR Gold Trust, the largest gold-backed exchange-traded fund, recorded a 30% gain, the biggest since 2009.
According to USB Global Wealth Management, it is unlikely that gold will maintain this stellar performance in 2021. In fact, the firm predicts that silver and platinum will outperform gold in the coming months.
Similarly, MKS managing director Frederic Panizzutti points out that all precious metals prices will record solid gains this year. In an interview with Kitco news, he predicts that silver will be the best performer. Panizzutti also says that gold will reach an all-time high at $2300 despite the slow start this year. According to the firm, silver, platinum, and gold will be the best performing precious metals. The lag in silver and platinum could create a gap that will attract investment and speculative interest...
Andy Schectman, CEO of Miles Franklin Precious Metals, returns to Liberty and Finance to give us a quick situation update from inside the strained gold & silver supply chain, and to lay out the startling and unprecedented signals of the supply shortfalls that reveal a physical scramble.
Tom welcomes back Steve Penny. Steve is a full-time trader specializing in silver, gold, and uranium.
Steve feels the US dollar remains in the classic definition of a downtrend, and the current pattern is similar to a previous failed breakout.
Both the fundamentals and technicals appear bearish over the intermediate to long term.
Silver remains in an uptrend, and we have been bouncing upwards off the 50-day moving average.
Once we overcome resistance, we will be off to the races in silver. Steve likes to trade a small percentage of his portfolio, and how he plans his trades weekly.
This approach allows him to reduce emotion and helps make him a better trader.
The Gold-Silver Ratio reaching 120 was an unprecedented event, and he believes we could see 20 to 1 or higher near the end of this bull market.
Silver miners are still undervalued compared to everything else, and over the long term, he expects them to outperform wildly.
He discusses the long-term patterns for gold, and even if we have a pullback, we are still solidly in a bull trend.
He is very bullish on platinum because its valuations recently reach historic levels relative to gold.
It's quite likely we will outperform to the upside and perhaps even over correct.
Lastly, Steve discusses why uranium is a growth industry and why the price must rise to incentivize new production. It's such a small market that large investment firms entering will have an outsized effect on uranium shares.
Financial writer, market analyst and precious metals expert Craig Hemke says, “As inflation picks up from all this money printing, the Fed can’t allow the 10 Year Treasury to go to 3% the Fed will, at some point, institute yield curve control.”
Hemke says yield curve control by the Fed will cap interest rates, but the money printing and inflation will have to rise dramatically.
This is why Hemke is predicting, “By the end of 2021, gold will be $2,300 per ounce and silver will be around $45 per ounce.”
In short, printing money to cap interest rates will result in much higher prices for gold and silver, and Hemke predicts this is the trend into the future.
Hemke also warns, “The gold and silver bull market will be a bucking bronco, and it will try to throw investors off.”
In other words, investors will have to hang on tight and expect volatility to be high–especially in silver.
Hemke also says there is “permanent damage from Covid 19 and the economy will not be bouncing back in any sort of “V” shaped recovery.”
I was invited to be a guest on a three-person panel put on by analyst Bo Polny.
His other guest was Amanda Grace, founder of Ark of Grace Ministries.
Polny gave me this round table discussion to post on USAWatchdog.com.
It was an in-depth talk about all the chaos that has been going on since Election Day. We talk about the word of God and Amanda’s message to “Have Faith.”
Bo Polny gives key future critical time points from a Biblical perspective well into 2021. I talk about current events as they fit into what is unfolding.
There are major revelations given in this video including something called the “Butterfly Effect” where Amanda Grace says one small event in the near future might change everything in a very big way.
An artificially boosted economic recovery will come by spring time, but the equities markets are still in danger of a sharp pullback, said Gerald Celente, publisher of the Trends Journal.