Jerry Robinson: We Have a Completely Fake Economy...

Today's guest, Jerry Robinson, shares his thoughts on how the global dominance of the USA is fading fast. 

He mentions that the current economic environment will not end well and he's concerned that citizens in America are not prepared for the changes ahead.

- Source, Silver Doctors

The Coming Collision Between Peak Gold and Quantitative Easing

After the upcoming rounds of QE, will central banks abusing NIRP have destroyed the reputation of bonds as a “safe haven,” and will gold become the ultimate destination for a flight to safety? 

With the gold mining industry emerging from a decade of neglected investment in discovery, are we truly “past PEAK GOLD?” If so, how will that likely drive the price of gold (and gold mining stocks) going forward? 

Gold mining industry insider, Warwick Smith, CEO of USGD American Pacific Mining Corp, visits Reluctant Peppers for the first time, to lay out his perspective on how the collision of these mega-trends plays out for bonds, gold, and the surprising alliances of well-funded mid-tier mining companies with agile junior miners in the months ahead!

- Source, Reluctant Preppers

Trump is Right, the Fed is Lost and It Will Get Ugly, Says Ron Paul

The current monetary system is broken, and the economy may be worse before it gets better, said former congressman Ron Paul. 

“It’s a system that isn’t workable, and this is the reason why getting out of this recession hasn’t been so good. 

We got into it because there was too much spending, too much regulation, too much printing money and too much alteration of interest rates,” Paul told Kitco News.

- Source, Kitco News

David Hunter: I’m Calling for $1500 Plus Gold and $26 Silver

David is sticking to his target of $1550-$1600 for gold, which he predicts will be reached around Labor Day. For silver, he feels that $26 is still a definite possibility. 

He says, “When people become more interested in gold silver will head higher. Silver usually underperforms on the downward moves in gold and outperforms when gold rallies.” 

He feels that the markets are heading for another unwinding event similar to 2008, and that is likely to occur early next year.

- Source, Palisade Radio

Michael Oliver Provides Commentary on Gold and Key Markets

Jay introduces the guests and sponsors for the day’s program and Michael Oliver provides his most recent commentary on gold and other key markets.

- Source, Jay Taylor Media

Silver's Price Action Looking Good: Beware of the Silver Whales

Jason talks about the silver market and how silver price action has improved the last month with silver now back above $16/oz at $16.23. 

Despite silver's strong rally lately, the gold:silver ratio is still at 1:~88!

- Source, Wall St for Main St

How High Can Silver Go? Are Banks Still In Control Of Prices?

Gold & silver are on the move, but are the banks still in control of the "markets", and if so, or if not, where will the banks try to put extra pressure on silver prices? Craig has the answers to those questions and a whole lot more...

- Source, Silver Doctors

Lynette Zang And The "Great Reset"

I discuss the "Great Reset" with ITMTrading's Chief Analyst Lynette Zang.

- Source, Walk the World

Gold Settles at Six Year high, Extends Rally in Electronic Trading

Gold futures notched a fresh six-year high on Thursday, then extended their gains into the electronic trading session on the back of dovish comments from a Federal Reserve official, worsening tensions in the Middle East and a drop in the dollar.

“News of the U.S. Navy shooting down an Iranian drone always adds fuel to the market, but the underlying buying momentum after a break of the $1,425 area has propelled gold back to the next big challenge,” the $1,450 area, Peter Spina, president and chief executive of GoldSeek.com, told MarketWatch late Thursday afternoon.

He also pointed to speculation in the market that a “large supranational organization” is acquiring all ounces of gold produced in North America, citing a tweet from Roy Sebag, founder of GoldMoney.

Traders also saw comments from New York Fed President John Williams as endorsing an interest-rate cut at the Federal Reserve’s policy meeting later this month.

August gold trading GCQ19, +0.01% was at $1,448 an ounce in electronic trade Thursday at 4 p.m. Eastern time. The contract had tacked on $4.80, or 0.3%, to settle at $1,428.10 an ounce on Comex after climbing by 0.9% on Wednesday. The latest settlement was the highest for a most-active contract since May 13, 2013, FactSet data show.

Gold “worked off its ‘overbought’ conditions through time,” said Fawad Razaqzada, technical analyst at Forex.com. “The underlying trend is bullish for both [silver and gold], due to the falling government bond yields and the recent struggles for the dollar and stocks.”

“As things stand, these are good times for buck-denominated and noninterest-bearing precious metals,” he said in a market update.

In electronic trading late Wednesday afternoon, prices took a leg slightly higher shortly after the Beige Book showed that trade U.S.-China tensions were continuing to buffet businesses in the Federal Reserve’s districts.

Gold was “re-energized” by the Beige Book’s “general references to ‘modest’ growth and ‘stable to down’ inflation pressures,” said Brien Lundin, editor of Gold Newsletter, in comments to MarketWatch late Wednesday. “In short, nothing in the report seemed likely to derail the Fed’s plans for a rate cut at their upcoming meeting. This will complete the Fed’s dramatic turn-around from hawk to dove and will be extremely supportive of higher gold prices.”

Jeff Wright, executive vice president of GoldMining Inc., however, warned that “gold will tank” if the Fed doesn’t announce a rate reduction at the end of July.

On Thursday, the U.S. dollar DXY, +0.33% was down nearly 0.1% at 97.132 as gold futures settled, then dropped to 96.704 by the U.S. stock market close. The 10-year Treasury note TMUBMUSD10Y, +1.36% moved down to yield 2.0254% at the stock market close. Both had traded lower on Wednesday. Fading bond yields and a weaker dollar tend to encourage bids for bullion.

Meanwhile, comments from Bridgewater Associates founder Ray Dalio also helped to boost values for precious metals. Dalio wrote in a LinkedIn blog that an environment of central-bank policy easing and negative interest rates in much of the developed world may be a felicitous backdrop for gold gains, adding that it could both be “risk-reducing and return-enhancing to consider adding” the yellow metal as a “portfolio diversifier.”

“While many investors don’t like gold as an asset class given that it doesn’t provide any yield, at one point it may be a necessary portfolio diversifier especially when bonds of developed economies no longer provide a reasonable return,” wrote Hussein Sayed, chief market strategist at brokerage FXTM about Dalio’s comments.

Separately, silver prices climbed to their highest in more than a year.

September silver SIU19, -0.20% added 22.7 cents, or 1.4%, to end at $16.198 an ounce, representing the latest in a series of sharp gains for gold’s sister metal. Most-active contract prices finished at their highest since June 29, 2018, according to Dow Jones Market Data.

“In the short term, the silver market has become the leadership market with yet another sharp range up extension [Thursday] and a return above the psychological $16 level,” analysts at Zaner Metals, wrote in a note.

Among other metals, September copper HGU19, +1.37% settled at $2.71 a pound, down less than a cent, or 0.2%. October platinum PLV19, +0.40% added $2.80, or 0.3%, to $849.90 an ounce, while September palladium PAU19, -0.54% fell $31.30, or 2%, to $1,511.90 an ounce.

Exchange-traded fund SPDR Gold Shares GLD, -1.30% edged up by 0.04%.

- Source, Market Watch

Wolf Street Report: The True Victims of Inflation

Who are the true victims of inflation and who are the winners? On whose side are the Fed and the media?

- Source, The Wolf Street Report

Gold Tier 1 Asset Price Strength vs Silver

Silver & Gold both had positive week’s in fiat US dollar spot price action up a percentage point or two respectively since last week's closes. 

The silver spot price ended the week around the $15.25 per troy ounce mark. While the gold spot price finished the week around the $1,415 fiat Federal Note per troy ounce mark. 

The gold-silver ratio is still hovering around 30-year highs, closing the week near 93 ounces of derivative silver to acquire 1 ounce of derivative spot price gold. 

This week we welcome a new guest to this silver and gold podcast. 

Hear why this long-time gold trader believes the yellow precious monetary metal has been trading stronger than fiat silver prices of late, and how long he thinks this trend may continue along for. 

As well, what are some catalysts that might change the pattern? We also touch on the Gold-Silver Ratio, where it may go and why. 

A long-time commodity trader, Mr. Vince Lanci of Echobay Partners, speaks with us.

- Source, Silver Doctors

Jeff Berwick: Crypto from Beginning to the End Game

Topics include: being early into the crypto space, accepting diverse opinions without hating, who is Satoshi Nakamoto, origins of The Dollar Vigilante, hearing about Bitcoin for the first time, crypto and Anarchapulco, picking the top of the market, crypto vs gold and silver, silver price suppression, if you don't hold it you don't own it, unregulated crypto with decentralized exchanges (DEX), handling crypto securely, fractional reserve lending, Facebook's Libra coin, a global currency? the heart of Anarchapulco.

- Source, Dollar Vigilante