Saturday, April 20, 2024

What’s Going on With Gold?

by Dennis Miller, Miller On The Money:

The price of gold has been swinging wildly over the last several months; from over $2,000 oz. in May, then dropped to around $1822 oz. early in October. The middle east war reignited and it quickly jumped back up around $50. What’s going on?

I Googled “Gold Price Prediction for 2023” and the responses were all over the place. Here is a screenshot of what popped up.

BIS Gold Swaps Fell in September as Bank’s Substantial Trading Continued

by Robert Lambourne, Gold Seek:

Active trading in gold swaps by the Bank for International Settlements, the central bank of the central banks, continued in September.

From information in the BIS statement of account for the month,  published this week —

https://www.bis.org/banking/balsheet/statofacc230930.pdf

— it is estimated that the bank’s gold swaps fell 33 tonnes in the month, from 129 to 96 tonnes.

The BIS Spearheads Gold Market Intervention

by Dave Kranzler, Investment Research Dynamics:

Anyone who does not admit that the Central Banks actively manage the price of gold is ignorant of the facts. If they are ignorant of the facts, they are too lazy to look for the truth. But GATA makes it easy. Robert Lambourne is a GATA consultant who scrutinizes everything published by BIS.

“As far as we can determine, only one person in the world outside central banking — GATA’s consultant Robert Lambourne — reviews the BIS monthly reports and does the calculations necessary to discover what is happening. The interventions, accomplished in large part through gold swaps and leases, are not stated plainly in the BIS monthly reports, though they easily could be. The interventions are stated plainly, if obscurely, only in the bank’s annual report. But recent BIS annual reports have confirmed the stunning accuracy of Lambourne’s monthly calculations.” – Chris Powell, GATA

MIGRANTS LIVING ON THE STREETS AT RECORD HIGHS IN THE UK

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED UP $6.55 TO $1985.90//SILVER WAS UP 4 CENTS TO $22.77//PLATINUM WAS UP $1.55 TO $926.50 WITH PALLADIUM UP $4.15 TO $1111.50//EXCELLENT GOLD COMMENTARIES TONIGHT FROM CHRIS POWELL OF GATA AND EGON VON GREYERZ//BANK OF ENGLAND KEEPS INTEREST RATES STEADY//WIND FARMS IN THE UK A TOTAL BUST//MIGRANTS LIVING ON THE STREETS AT RECORD HIGHS IN THE UK//UPDATES OF ISRAEL VS HAMAS: ISRAEL SURROUNDS GAZA CITY AS THEY TRY THE LONG AND ARDUOUS TASK OF ELIMINATING THE ENEMY//COVID UPDATES//VACCINE INJURY UPDATES//DR PAUL ALEXANDER//SLAY NEWS ETC//USA ECONOMIC DATA

CENTRAL BANKS CONTINUE TO GORGE ON PHYSICAL GOLD ACCUMULATION

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED DOWN $6.15 TO $1979.35 WHILE SILVER CLOSED DOWN 11 CENTS TO $22.73 AS THE SPECS ADD MASSIVELY TO THEIR SHORT POSITION AND CENTRAL BANKS TAKE THE BUY SIDE AND THEN TAKING DELIVERY ESPECIALLY GOLD (800 TONNES THIS QUARTER//PLATINUM CLOSED DOWN $8.90 TO $924.95 WHILE PALLADIUM CLOSED DOWN $20.35 TO $1107.65//ROBERT LAMBOURNE REPORTS ON THE BIS GOLD SWAPS WITH THE FED LOWERING ITS SHORTFALL IN SEPT DOWN TO 96 TONNES..STILL A LONG WAY TO GO//CENTRAL BANKS CONTINUE TO GORGE ON PHYSICAL GOLD ACCUMULATION//GOLD COMMENTARY TODAY FROM PETER SCHIFF/EPOCH TIMES PROVIDES AN EXCELLENT COMMENTARY ON THE DETERORIATING HEALTH OF THE CHINESE ECONOMY//PALESTINIAN THROW RATS INTO MACDONALDS//ISRAEL VS HAMAS: ISRAEL NOW CONTROLS THE NORTH SECTOR OF HAMAS WITH THEIR TANKS AS WELL AS NORTH SOUTH ROADS BUT WITH 15 CASUALTIES//STARVING YEMEN DECLARES WAR ON ISRAEL//NEW DATA RELEASED BY THE USA SUGGESTS THAT THEY ARE IN THE MIDST OF STAGFLATION//ADP REPORT AND JOLTS REPORT//SUBPRIME AUTO LOANS SKYROCKET AND IT LOOKS LIKE WE WORK WILL FINALLY SUCCUMB

BEIJING FLOODING THE USA MARKET WITH SALES OF USA TREASURIES

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED UP $2.90 TO $1983.90 //SILVER WAS DOWN 14 CENTS TO $22.76//TODAY ENDS COMEX EXPIRY WITH THS COMING TUESDAY BEING OPTIONS EXPIRY FOR LONDON/LBMA/PLATINUM WAS DOWN $3.55 TO $905.35 WHILE PALLADIUM WAS UP $12.10 TO $1134.95//BEIJING FLOODING THE USA MARKET WITH SALES OF USA TREASURIES//ECB PAUSES ON ITS RATE HIKES AS EXPECTED//LAST NIGHT ISRAELI’S DID A MINOR EXCURSION INTO GAZA CLEARING OUT MAJOR PROBELMS LIKE BOMBS, BOOBY TRAPS AND ELIMINATING SOME HAMAS OPERATIVES//OTHER ISRAEL-HAMAS UPDATES//COVID 19 UPDATES//VACCINE UPDATES//DR PAUL ALEXANDER//SLAY NEWS //NEWS ADDICTS//EVOL NEWS//ANOTHER MASS SHOOTING IN THE USA (MAINE) WHERE 18 ARE CONFIRMED DEAD AND SHOOTER STILL AT LARGE

GOLD CLOSED DOWN ONLY BY $1.30 AFTER A RAID ORCHESTRATED BY OUR BANKERS AS OPTIONS EXPIRY WEEK BEGINS

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED DOWN ONLY BY $1.30 AFTER A RAID ORCHESTRATED BY OUR BANKERS AS OPTIONS EXPIRY WEEK BEGINS//SILVER CLOSED DOWN ONLY 8 CENTS TO $22.96//PLATINUM CLOSED DOWN $11.55 TO $888.70//PALLADIUM WAS DOWN $6.40 TO $1126,85//ESSENTIAL READING MATERIAL TODAY: DR LACALLE AND ESPECIALLY CONRAD BLACK//UPDATES ON ISRAEL VS HAMAS//COVID UPDATES// VACCINE INJURIES

NEW ISRAELI SHIN BEIT IS NOW FORMED TO ASSASSINATE ALL OF THOSE HAMAS OPERATIVES IN FOREIGN COUNTRIES RESPONSIBLE FOR OCT 7

by Harvey Organ, Harvey Organ Blog:

HAMAS MAY RELEASE 50 HOSTAGES AND THAT MAY SLOW ISRAEL’S INVASION OF GAZA: GOLD CLOSED DOWN $6.80 TO $1976.20//SILVER WAS DOWN $.33 TO $23.04/PLATINUM WAS UP $ 11.10 TO $900.75 WHILE PALLADIUM WAS DOWN $3.25 TO $1133.25//GOOD GOLD COMMENTARIES TODAY FROM MATHEW PIEPENBURG AND PETER SCHIFF//UPDATES ON THE ISRAELI-HAMAS-HEZBOLLAH WAR// NEW ISRAELI SHIN BEIT IS NOW FORMED TO ASSASSINATE ALL OF THOSE HAMAS OPERATIVES IN FOREIGN COUNTRIES RESPONSIBLE FOR OCT 7//COVID UPDATES//VACCINE INJURY UPDATES/DR PAUL ALEXANDER//SLAY NEWS/NEWS ADDICTS/EVOL NEWS//CHINESE CITIZENS ARE FLEEING THEIR YUAN CURRENCY IN DROVES

Mathematically, Financial System Is Going Down – Bill Holter

by Greg Hunter, USA Watchdog:

Precious metals expert and financial writer Bill Holter warned in August of financial trouble coming to America sooner than later.  He gave a long list that now includes a global war. Even without war, there is no stopping the financial fall that is coming. Central banks are, once again, the biggest buyers of gold this year. What is going on? Holter says, “The central banks fully understand the math behind the financial system of the West is broken.  The Western financial system cannot survive the math. . . .Once we got to 0% interest rates on the bottom, the rates could not go down any further, and the debt continued to pile up. The U.S. Treasury is going to be paying $1.5 trillion a year just in debt service. That number, a few years ago, had been around $400 billion a year. So, the debt service has quadrupled, and there are no more tricks in the bag.

aSILVER ALERT! Moving Averages Crossed…Approaching Tech Trader “COVER TIME!” (Bix Weir)

from RoadtoRoota:

TRUTH LIVES on at https://sgtreport.tv/

PALESTINIANS OCCUPY THE CAPITOL BUILDING BUT NO ARRESTS

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED UP $12.90 TO $1968.50 BUT SILVER FELL 8 CENTS TO $22.87 AS THE BANKERS TRY AND KEEP A LID ON ITS PRICE//PLATINUM WAS UP $7.95 TO $897.50 WHILE PALLADIUM WAS DOWN $20.25 TO $1116.25/GOOD GOLD COMMENTARIES TODAY FROM EGON VON GREYERZ AND JIM RICKARDS//ISRAEL VS HAMAS AND HEBOLLAH UPDATES//USA TELLS CITIZENS LEAVING IN LEBANON TO GET OUT//GOOD BACKGROUND COMMENTARY FROM GATESTONE’S GLICK ON THE ISRAELI= HAMAS CONFLICT//COVID UPDATES//VACCINE UPDATES//DR PAUL ALEXANDER//SLAY NEWS/EVOL NEWS/NEWS ADDICTS//PALESTINIANS OCCUPY THE CAPITOL BUILDING BUT NO ARRESTS

TRUTH ABOUT THE RULERS OF THE DARKNESS — HARLEY SCHLANGER

from SGT Report:

Harley Schlanger returns to SGT Report to teach the history which Americans must understand before spending another dollar of our treasure and blood in yet another middle eastern war for Israel.

Get GUT HEALTHY!
Get the FREE video report from Dr. Gundry here:
https://gutcleanseprotocol.com/SGT
————————————
Protect Your Retirement W/ A Gold. IRA
https://www.sgtreportgold.com/
CALL 877-646-5347
Noble Gold is Who I Trust ^^^

Get Harley’s updates here:
https://laroucheorganization.nationbuilder.com/harley_daily_update