Sunday, December 22, 2024

BERLIN ORDERS MOSCOW TO CLOSE 4 OUT OF ITS 5 CONSULATES

by Harvey Organ, Harvey Organ Blog:

TAS INDUCED RAID ON GOLD AND SILVER TODAY: GOLD CLOSED DOWN $24.40 TO $1953.40//SILVER WAS DOWN $.23 TO $23.67//PLATINUM IS UP $1.80 TO $1002.95 WHILE PALLADIUM WAS UP $38.70 TO $1409.15//IMPORANT COMMENTARIES FROM ALASDAIR MACLEOD AND RONAN MANLY//CHINA MAY PROVIDE ANOTHER STIMULUS TO HELP ITS BELEAGURED REAL ESTATE MARKET//BERLIN ORDERS MOSCOW TO CLOSE 4 OUT OF ITS 5 CONSULATES//PEPE ESCOBAR DESCRIBES IN DETAIL WHAT IS HAPPENING INSIDE TURKEY WITH RESPECT TO ERDOGAN//COVID UPDATES/DR PAUL ALEXANDER

Singapore – The World’s largest central bank gold buyer in Q1 2023

by Ronan Manly, BullionStar:

Last year, a major theme in the global gold market was the record gold buying by central banks across the world, with the World Gold Council and its data gatherers (Metals Focus) calculating that central banks had cumulatively purchased a net 1136 tonnes of monetary gold during 2022.

At the outset of 2023, this led the World Gold Council to predict that:

“Looking ahead, we see little reason to doubt that central banks will remain positive towards gold and continue to be net purchasers in 2023.”

Gold Has Record Number of Contracts Cash Settle to Start June Delivery

by Peter Schiff, Schiff Gold:

As expected, gold has turned in a fairly strong start to the month. It’s below April but is still early in the contract.

As shown below, the amount on First Position was actually the highest since last August which should lead to high delivery volumes.

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED UP $14.10 TO $1977.80//SILVER CLOSED UP $0.49 TO $23.90//PLATINUM CLOSED UP 8.80 TO $1009.90 WHILE PALLADIUM CLOSED UP $27.25 TO $1397.70//IMPORTANT GOLD POSTS: AMBROSE EVANS PRITCHARD//CHINA’S ECONOMY IF FALTERING AND 5 COMMODITIES WHICH PROVE THIS IS HAPPENING/THE IRISH ARE FORCING THE CULLING OF THE CATTLE TO MEET CLIMATE CHANGE: HOW STUPID CAN THEY BE?//RUSSIA CLAIMS THAT THE USA IS BEHIND THE CONFLICT BETWEEN SERBIA AND KOSOVO//PROBLEMS OCCUR AT THE BORDER OF IRAN AND AFGHANISTAN (TALIBAN)///COVID UPDATES//DR PAUL ALEXANDER/EWOL NEWS//SOUTH AFRICA SIDELINES ANOTHER RAIL DUE TO MASSIVE THEFTS OF EQUIPMENT//DEBT CEILING BILL PASSED //DAVID STOCKMAN TELLS THE TRUTH ON THE BILL//USA MFG PMI’S FALTER BADLY

HOW IS THE SILVER SUPPLY GOING TO FUND THE DEFICIT?

from Arcadia Economics:

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

GOLDMAN SACHS TO LAYOFF MORE SOULS IN ITS 3RD ROUND OF CUTS

by Harvey Organ, Harvey Organ Blog:

FIRST DAY NOTICE: GOLD CLOSED UP $5.70 TO $1963.70//SILVER ROSE BY 37 CENTS TO $23.51/PLATINUM CLOSED DOWN $19.85 TO $1001.10//PALLADIUM CLOSED DOWN $34.15 TO $1370.65//STRONG AMOUNT OF GOLD STANDING FOR DELIVERY FOR THE UPCOMING JUNE DELIVERY MONTH AND 3.9 MILLION OZ OF SILVER//IMPORTANT GOLD COMMENTARIES TONIGHT: MISH SHEDLOCK AND SCHIFFGOLD//CHINA REPORTS A DISMAL FACTORY PMI AND THAT SETS OFF A HUGE DECLINE IN ALL STOCK MARKETS//HUGH STRIKES BECOMING COMMONPLACE IN THE UK//REPORT ON UKRAINE BY YVES SMITH OF NAKED CAPITALISM//COVID UPDATES/DR PAUL ALEXANDER//SLAY NEWS//STUDENT LOANS WILL NOW BECOME DUE IN AUGUST//GOLDMAN SACHS TO LAYOFF MORE SOULS IN ITS 3RD ROUND OF CUTS

Hillary Emails Reveal NATO Killed Gaddafi to Stop Libyan Creation of Gold-Backed Currency

by Dave Hodges, The Common Sense Show:

While France led the proponents of the UN Security Council Resolution that would create a no-fly zone in Libya, it claimed that its primary concern was the protection of Libyan civilians (considering the current state of affairs alone, one must rethink the authenticity of this concern). As many “conspiracy theorists” will claim, one of the real reasons to go to Libya was Gaddafi’s planned gold dinar.

One of the 3,000 Hillary Clinton emails released by the State Department on New Year’s Eve (where real news is sent to die quietly) has revealed evidence that NATO’s plot to overthrow Gaddafi was fueled by first their desire to quash the gold-backed African currency, and second the Libyan oil reserves.

FED’S FAVOURTE INDICATOR IN INFLATION , THE PCE DEFLATOR RED HOT

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED UP $0.90 TO $1944.45//SILVER CLOSED UP $0.32 TO $23.25//PLATINUM CLOSED UP $0.55 DOLLARS TO $1026.50/PALLADIUM CLOSED UP $25.35 TO $1431.85//A MUST VIEW: ANDREW MAGUIRE INTERVIEWING PETER GRANDICH//NO DEAL YET ON THE DEBT CEILING//RUSSIA VS UKRAINE UPDATES/COVID UPDATES//DR PAUL ALEXANDER/VACCINE IMPACT/SLAY NEWS/EVOL NEWS//UPDATES ON DEBT CEILING FIASCO IN THE USA//FED’S FAVOURTE INDICATOR IN INFLATION , THE PCE DEFLATOR RED HOT//ANOTHER GREAT COMMENTARY FROM VICTOR DAVIS HANSON

SAN FRANCISCO INFRASTRUCTURE DETERIORATING RAPIDLY

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED DOWN $19.70 TO $1943.55//SILVER CLOSED DOWN $.32 TO $22.81//PLATINUM CLOSED UP $0.45 TO $1026.60//PALLADIUM WAS UP $14.45 TO $1420.95// GOOD COMMENTARY ON GOLD FROM JOHN RUBINO TODAY//BIG NEWS TODAY IS THE TOTAL COLLAPSE OF CHINA’S REAL ESTATE INDUSTRY//GERMANY HAS HAD ENOUGH WITH EU’S GREEN NEW DEAL: GREAT COMMENTARY ON THAT FROM MISH SHEDLOCK////COVID UPDATES//DR PAUL ALEXANDER//EWOL NEWS//SLAY NEWS//CANADA HAS A BIG PROBLEM WITH THEIR TRUCKING INDUSTRY//SAN FRANCISCO INFRASTRUCTURE DETERIORATING RAPIDLY/SEATTLE FOLKS AT AMAZON REBELLING THAT THEY MUST GO BACK TO WORK

SILVER PRICE DECLINE IS NOT HELPING SUPPLY GAP

from Arcadia Economics:

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

Deflation/Inflation/Bust with Michael Pento

by Kerry Lutz, Financial Survival Network:

Michael Pento believes that the Fed’s rapid rate increases have caused a banking crisis, and that the Fed’s actions have created an artificial construct that will lead to a deflationary recession/depression followed by runaway inflation. He predicts a 30-50% drop in equity averages and suggests investors play it safe by collecting dividends in a safe manner.

POLAND, AFTER A FEW MONTHS OF PAUSE, RESUMES ITS PURCHASE OF GOLD: LAST MONTH 15 TONNES

by Harvey Organ, Harvey Organ Blog:

HIGH LEVEL OF T.A.S. ISSUANCE GIVES US A STRONG INDICATOR OF CONSTANT WHACKING OF SILVER AND GOLD//GOLD CLOSED DOWN $9.50 TO $1963.25//SILVER CLOSED DOWN $.35 TO $23.13//PLATINUM CLOSED DOWN $25.90 TO $1025.95 WHILE PALLADIUM CLOSED DOWN A HUGE $46.35 TO $1406.50//POLAND, AFTER A FEW MONTHS OF PAUSE, RESUMES ITS PURCHASE OF GOLD: LAST MONTH 15 TONNES//GOLD AND SILVER PURCHASES BY INDIANS INCREASES DUE TO THE REMOVAL OF 2,000 RUPEE NOTE/INFLATION IN THE UK HITS 3 0 YEAR HIGHS//WAGNER CHIEF BROADCASTS HIS VICTORY OF BUKHMUT BUT ALSO ANNOUNCES THAT HE LOST 20,000 MEN//HE ALSO SCOLDS PUTIN FOR THIS INCURSION INTO UKRAINE//COVID UPDATES//DR PAUL ALEXANDER/VACCINE IMPACT/SLAY NEWS,EVOL NEWS//UPDATES ON THE DEBT CEILING DEBACLE IN CONGRESS

Who Has the Gold?

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by Peter Schiff, Schiff Gold:

Which countries hold the most gold?

Central banks around the world have been piling up gold. After a record-setting 2022, central bank gold reserves increased by 228 tons through the first three months of 2023, a Q1 record. This was 38% higher than the previous first-quarter record set in 2013.

Total central bank gold buying in 2022 came in at 1,136 tons. It was the highest level of net purchases on record dating back to 1950, including since the suspension of dollar convertibility into gold in 1971. It was the 13th straight year of net central bank gold purchases.