Thursday, May 22, 2025

Jackson Hole Looms

by Alasdair Macleod, Schiff Gold:

Gold and silver rallied from the lows of last week in quiet Comex trade for gold, but more active trade in silver. In Europe this morning, gold was at $1916, up $27 from last Friday’s close, and silver was up $1.30 at $24.14.

Gold has been remarkably quiet in all August, as the snapshot from the Comex web page below indicates.

Podcast — Peter Schiff — How To Survive The Dollar Collapse With The Man Who Predicted the ’08 Crash

by Matt Agorist, The Free Thought Project:

On this episode of the Free Thought Project podcast, hosts Jason and Matt welcome esteemed financial commentator, Peter Schiff. Delving into the intricacies of an impending financial collapse, they explore strategies for thriving in a faltering economy. The conversation touches on the emergence of Central Bank Digital Currencies (CBDCs) and highlights the profound impact of entities like the Federal Reserve and the deep state, suggesting they might be bigger threats to Americans than perceived foreign adversaries like Russia or China.

Getting Jacked and Connected To Survive and Prosper During The Apocalypse

from DollarVigilante:

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

DALLAS FED REPORTS THAT ITS SECTION IS IN RECESSION

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED UP $6.90 TO $1919.50//SILVER CLOSED UP 3 CENTS TO $24.22//PLATINUM CLOSED UP $21.40 TO $962.80 WHILE PALLADIUM CLOSED UP $29.90 TO $1258.85//IMPORTANT GOLD COMMENTARY TONIGHT: PETER SCHIFF//CHINA’S BID TO STIMULATE ITS ECONOMY FAILS/TWO OTHER IMPORTANT COMMENTARIES: DR LACALLE AND PEPE ESCOBAR//COVID UPDATES/VACCINE UPDATES/DR PAUL ALEXANDER/SLAY NEWS/EWOL NEWS/NEWS ADDICTS//RUSSIA VS UKRAINE UPDATES//DALLAS FED REPORTS THAT ITS SECTION IS IN RECESSION

Will the BRICS Dethrone the U.S. Dollar?

by Daniel Lacalle, DLacalle:

Are the BRICS a threat to the U.S.?

The summit of the so-called BRICS (Brazil, Russia, India, China, and South Africa) has closed with an invitation to join the group extended to the Emirates, Egypt, Iran, Saudi Arabia, Argentina, and Ethiopia.

The summit has generated a lot of headlines about the impact of this widespread group of nations, including speculation about the end of the U.S. dollar as a global reserve currency if this group is perceived as a threat to the United States or even the International Monetary Fund.

Several things need to be clarified.

Debanking Gold Dealers

by Martin Armstrong, Armstrong Economics:

I reported previously that a dealer I knew suddenly had his credit line closed. I have warned that besides banks preparing for the coming CBCDs closing local branches in the USA as well as in Britain, I seriously question if they will allow people to buy precious metals and use cryptocurrencies post-CBDC. This is about control, and they want to shut down what they view as the underground economy, which they estimate is 20%-35%, and this is about increasing their taxation to automatic theft. This is the net result of Direct Taxation, which the Founding Fathers warned would happen, so they prohibited any form of Direct Taxation in the Constitution. The Socialists seized power and pushed for the income tax in 1913, and that has been a slow grinding process that led to eventually owning nothing and being very miserable – not happy.

ALL THE REAL NEWS THEY SEE FIT TO OMIT — MATT & SGT

from SGT Report:

The UN Agenda 2030 looting of Maui via contrived “wildfires” and the MURDERS of probably more than 1,000 residents of the island, many of them children, remains the most ignored story in the mockingbird mainstream media “news”. SGT contributor Matt is back to discuss it and ALL of the REAL news the CIA mockingbirds see fit to omit.

Protect Your Retirement W/ A Gold IRA from Noble Gold
https://www.sgtreportgold.com/
CALL 877-646-5347

BIG NEWS OF THE DAY FROM BRICS: SAUDI ARABIA AND OTHER GULF NATIONS WILL JOIN IN JAN 2024 OF WHICH ENDS THE PETRO DOLLAR SCHEME AND THE NEW PETRO YUAN WILL BEGIN

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED UP $0.65 TO $1919.25//SILVER CLOSED DOWN $0.16 TO $24.18//PLATINUM CLOSED UP $4.60 TO $940.30//PALLADIUM CLOSED DOWN $42.60 TO $1236.70//BIG NEWS OF THE DAY FROM BRICS: SAUDI ARABIA AND OTHER GULF NATIONS WILL JOIN IN JAN 2024 OF WHICH ENDS THE PETRO DOLLAR SCHEME AND THE NEW PETRO YUAN WILL BEGIN//UKRAINE VS RUSSIA UPDATES//TURKEY RAISES ITS INTEREST RATE TO 25% AND THAT SENDS THE LIRA NORTHBOUND//COVID UPDATES/VACCINE UPDATES//SLAY NEWS//NEWS ADDICTS/EWOL NEWS//USA BANKRUPTCIES ON THE RISE//THE FOLLOWING RETAILERS CRUMBLE: DOLLAR TREE//T- MOBILE/

Buying Low, Selling Never

by Craig Hemke, Sprott Money:

This article sheds light on the potential direction of gold and silver prices. We discussed last week the current positioning of traders in the COMEX precious metals. However, the situation has improved even more in the days since and, because we’re all interested in saving a few dollars and buying low, I figured that it was a good idea to provide this update.

Why San Francisco is dying and what it has to do with George Soros

from Azerbaycan24:

Residents are fleeing the Democratic-controlled city, many of them heading for Republican lands Robert Bridge is an American writer and journalist. He is the author of ‘Midnight in the American Empire,’ How Corporations and Their Political Servants are Destroying the American Dream.Robert Bridge is an American writer and journalist. He is the author of ‘Midnight in the American Empire,’ How Corporations and Their Political Servants are Destroying the American Dream.@Robert_BridgeFILE PHOTO: A homeless man sleeps on the sidewalk in San Francisco, California © JUSTIN SULLIVAN / GETTY IMAGES NORTH AMERICA / GETTY IMAGES VIA AFP

De-dollarization is irreversible – Putin

from RT:

BRICS will become economically more powerful than the G7, the Russian president said in an address to the Johannesburg summit

The US dollar is losing its global role in an “objective and irreversible” process, the Russian president told participants at the BRICS Summit in South Africa on Tuesday. Vladimir Putin spoke by via videolink, after choosing not to attend the event in person.

Liberty Firebrand Crushes Establishment in Argentina Primary

by Alex Newman, The New American:

Liberty-minded, anti-establishment firebrand Javier Milei with La Libertad Avanza just crushed the Latin American branch of the Deep State in Argentina’s presidential primary, explains The New American magazine Senior Editor Alex Newman in this episode of Behind The Deep State. The communist network Foro de Sao Paulo, founded by Castro and others and backed by Soros and Obama/Biden, is in total freakout mode as the Deep State propaganda machine goes into overdrive trying to demonize Milei ahead of the presidential election.