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Keyword: goldbugs

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  • Population Forecast for 2025

    10/17/2020 10:56:34 PM PDT · by uzumaki_naruto · 13 replies
    DEAGEL ^ | OCT 19, 2020 | DEAGEL
    There is this website https://deagel.com/forecast that projects the population and GDP for 2025. The population of USA has dropped to 99M and the GDP has dropped to 1.63 T. Does this website know something we don't?
  • China is killing the dollar: China could dump all US Treasury and agency bonds if relationship with America deteriorates further.

    09/19/2020 5:41:31 PM PDT · by SeekAndFind · 26 replies
    GoldMoney ^ | 09/17/2020 | Alasdair Macleod
    In the wake of the FedÂ’s promise of 23 March to print money without limit in order to rescue the covid-stricken US economy, China changed its policy of importing industrial materials to a more aggressive stance. In examining the rationale behind this move, this article concludes that while there are sound geopolitical reasons behind it the monetary effect will be to drive down the dollarÂ’s purchasing power, and that this is already happening. More recently, a veiled threat has emerged that China could dump all her US Treasury and agency bonds if the relationship with America deteriorates further. This appears...
  • The Coming Monetary Collapse

    08/24/2020 7:53:59 AM PDT · by Roman_War_Criminal · 28 replies
    RR ^ | 8/23/2020 | Britt Gillette
    Since the arrival of COVID-19 and the subsequent decision to lockdown entire cities and nations, world economic activity has significantly decreased. When normal recessions strike, they typically involve only one nation or a single region. But the COVID Recession has hit the whole world at once. This is the first time every nation has simultaneously seen a decline in output since the Great Depression. Despite the scale of this economic disaster, many economists are calling for a quick V-shaped recovery once the coronavirus is brought under control. But is this likely? No. Even if the virus disappears tomorrow, we won’t...
  • Trump is Not the First President to Face Down a Deep State Cabal

    08/24/2020 6:44:58 AM PDT · by SJackson · 77 replies
    Frontpagemagazine ^ | Aug 24, 2020 | Robert Spencer
    And just as is the case today, that President had to kill it, or it would kill him. The far-Left rioters who attempted to topple the statue of Andrew Jackson in Washington, DC’s Lafayette Square several weeks almost certainly know nothing whatsoever about him. What they were told in the Antifa indoctrination camps that are called higher education these days is that he was largely responsible for the forcible exile of Native Americans from the Eastern United States, the Trail of Tears, and is thus to be reviled and hated forever. What they were not told is something that may...
  • The Tech Cold War Is Here — And The US Isn't Winning

    08/23/2020 9:22:48 AM PDT · by Enlightened1 · 22 replies
    The Hill ^ | 08/21/20 | Chris Larsen
    Like it or not, the U.S. is already fighting an economic and technological cold war against China. While we should aim to eventually return to the optimism and promise of a broad China/U.S. partnership, the time for that is not now. This is a major challenge to our country, and we must do everything we can to avoid losing our economic leadership. By now, we all know the rivalry in 5G and AI, part of China’s $1.4 trillion technology commitment. Less attention has been given to an equally consequential struggle: who will control our future global financial systems. The power...
  • Warren Buffett confuses Wall Street as he buys gold, sells Goldman Sachs

    08/18/2020 8:45:37 AM PDT · by Red Badger · 56 replies
    NY Post ^ | August 17, 2020 | 4:22pm | By Thornton McEnery
    Warren Buffett has given up his long-held conviction against buying gold — and he’s meanwhile getting out of Goldman Sachs. The totemic tycoon revealed in filings late last week that he has scooped up more than 20 million shares of mining giant Barrick Gold Corp. even as he unloaded nearly all of his nearly 2 million shares in Goldman Sachs. The 89-year-old investing icon’s sudden embrace of the precious yellow metal — which has has previously derided as “useless,” saying that “anyone watching from Mars would be scratching their head” at the idea of investing in it — took many...
  • Robert Kiyosaki says America headed for totalitarianism; wants to flee country with gold

    08/18/2020 8:41:30 AM PDT · by rightwingintelligentsia · 34 replies
    Kitco ^ | August 18, 2020 | David Lin
    The U.S. used to be a capitalist country, but is now becoming a Marxist society, said Robert Kiyosaki, best-selling author of “Rich Dad Poor Dad.” Kiyosaki was a veteran of the Vietnam War who had seven uncles fighting in World War 2. “I fought for capitalism,” he said. “America is going Marxist.” The evolution of socialism in the U.S. started with the anti-war protests following the Vietnam War, Kiyosaki said. “When I came back [from Vietnam] the hippies were outside just like the protesters are today in Chicago. I got hit with rotten eggs, I got hit with stink bombs,...
  • Crypto Gold — It’s A Thing! New Stablecoin Checks All The 2020 Fear Boxes

    07/30/2020 3:50:25 PM PDT · by Enlightened1 · 13 replies
    Forbes ^ | 07/30/20 | Cory Johnson
    As Bitcoin and gold hit 2020 highs, Uphold unveils a revolutionary new product redefining “store of value” for a panicked age. It’s physical gold. It’s crypto. It’s government-backed. It’s a new product from a Silicon Valley company mutating gold and crypto into a single unit. And it’s as deeply fear-soaked as anything since, well, 2020.  Today Uphold, a digital investment platform based in San Francisco, announced what it calls “a better form of gold”: Universal Gold. Users can buy the gold crypto UPXAU — a token verifiable on the Ethereum blockchain and audited by the security firm CertiK — and Uphold instantly contracts to...
  • GOP senator calls on China to repay $1.6T of century-old debt The bonds, which are backed by gold, were issued as long ago as 1912

    08/13/2020 1:37:26 PM PDT · by RightGeek · 26 replies
    Fox News ^ | 8/13/2020 | Jonathan Garber
    Sen. Martha McSally, R-Ariz., introduced a resolution Thursday calling on China to repay U.S. bondholders more than $1.6 trillion of sovereign debt, including interest, that pre-dates the country's Communist government. The measure is co-sponsored by Sen. Marsha Blackburn, R.-Tenn, and a House measure led by Rep. Mark Green, R-Tenn. is forthcoming. Resolutions lack the force of law held by a bill, though they reflect the will of lawmakers. “China has repeatedly failed to honor its obligations to America, taking American families’ money and jobs,” McSally said. “Well, the abuse ends here. We are holding China accountable for their debt and...
  • World gold supply under pressure.

    08/16/2020 3:58:28 PM PDT · by delta7 · 37 replies
    Swiss info channel ^ | 7/16/20 | Picard
    Swiss refiners — chief among them Valcambi — are under scrutiny due to the high risk of conflict gold originating in Africa entering their supply chain via the United Arab Emirates. Two parallel NGO reports on the subject were published on Thursday. This content was published on July 16, 2020 - 18:00 July 16, 2020 - 18:00 Dominique Soguel-dit-Picard See in another language: 1 One of the reports, Golden Detour [Détour Dorée] by Bern-based Swissaid, examines the gold trade in the UAE, with a focus on the scandal-stricken Dubai company Kaloti Precious Metals and its ties to Valcambi, a precious...
  • Turkey Hit By Bank Runs, Currency Panic As Locals Sell Their Cars And Houses To Buy Gold While Lira Implodes

    08/16/2020 6:01:25 AM PDT · by blam · 40 replies
    Trade For Profit ^ | 8-16-2020
    It has been an miserable five years for Turkish citizens who have seen their purchasing power slashed by more than half, and it’s only getting worse. The Turkish lira has cratered against the dollar and most developed currencies, plunging from 3 TRY per dollar, to a record low 7.37 last week after a brief and valiant attempt at imposing shadow capital control by Erdogan (who is now de facto head of the Turkish central bank) failed miserably at the end of July, and not even a draconian hike in overnight funding rates above 1000% last week (to crush the shorts)...
  • Podcast #9: Investing in GOLD (and How to Start) with Joe Grande

    08/11/2020 5:26:16 PM PDT · by rebuildus · 8 replies
    YouTube ^ | 8/11/20 | Patrick Rooney
    Patrick Rooney, Founder of Old School™(Natural Health / Success / Freedom), interviews businessman and experienced gold investor Joe Grande about the reasons people should consider investing in gold and silver, and how to get started.
  • Gold price nearing $2,100 as bulls keep foot on the gas Jim Wyckoff Jim Wyckoff

    08/06/2020 7:11:22 AM PDT · by Presbyterian Reporter · 18 replies
    Kitco News ^ | Thursday August 06, 2020 | Jim Wyckoff
    (Kitco News) - Gold prices are again sharply higher and hit a record high of $2,064.90, basis October Comex futures, in early U.S. trading Thursday. Silver prices are also sharply higher and hit a more-than-seven-year high of $28.54, basis September Comex futures. October gold futures were last up $25.00 an ounce at $2,062.10. September Comex silver prices were last up $1.45 at $28.34 an ounce. Importantly, while there are no early chart clues to suggest the gold and silver markets are close to major tops, both are now getting short-term overbought, technically, and are due for downside corrections in the...
  • Gold price pushes well above $2,000, much more upside possible

    08/05/2020 6:26:22 AM PDT · by Presbyterian Reporter · 37 replies
    Kitco ^ | August 05, 2020 | Jim Wyckoff
    (Kitco News) Gold prices are sharply higher and hit a record high of $2,048.00, basis October Comex futures, in early U.S. trading Wednesday. Silver prices are also sharply higher and hit a seven-year high of $27.195, basis September Comex futures. October gold futures were last up $35.00 an ounce at $2,043.50. September Comex silver prices were last up $0.987 at $27.03 an ounce. Gold and silver are continuing on a bullish rampage. Both metals continue to see support from safe-haven demand amid the worrisome rise in Covid-19 infections, geopolitical developments and concerns about problematic price inflation in the coming months....
  • Just saying, gold just went over $2,000 / ounce

    08/04/2020 9:20:41 AM PDT · by cba123 · 35 replies
    Just noticed a bit of a jump in metals. Any reason, that anyone is aware of? They are all up at the moment. Somewhat interesting, anyway. Gold is up more than $20 now. It was around here before, around a week ago. That time it plunged, right back down. What will happen this time?
  • Roger Sherman, & the importance of gold & silver

    08/02/2020 3:07:32 PM PDT · by Perseverando · 5 replies
    American Minute ^ | July 23, 2020 | Bill Federer
    He was the only person to sign all four of these America's founding documents: Articles of Association, 1774; Declaration of Independence, 1776; Articles of Confederation, 1777; U.S. Constitution, 1787. Who was he? Roger Sherman. At age 19, Roger Sherman's father died and he supported his family as a shoe cobbler, helping his two younger brothers to attend college and become clergymen. Roger Sherman was a surveyor and merchant, but when a neighbor needed legal advice, he studied to help, only to be inspired to become a lawyer. Sherman was elected a state senator, a judge and a delegate to the...
  • Gold up to $1964 in after hours trading

    07/27/2020 5:06:13 PM PDT · by Presbyterian Reporter · 19 replies
    ino.com ^ | 7/27/2020
    Gold is up to $1964. Silver is up to $25.54.
  • Gold Price Surges

    07/27/2020 4:49:26 AM PDT · by Enlightened1 · 76 replies
    Kitco ^ | 07/27/20
    Gold price is up $40 today.  This is the dollar depreciating as the price of gold surges. https://www.kitco.com/market/  
  • Gold prices surge to record high amid coronavirus worries, U.S.-China tensions

    07/27/2020 3:27:15 AM PDT · by zeestephen · 41 replies
    CNBC ^ | 27 July 2020 | Eustance Huang
    In the morning of Asian trading hours on Monday, spot gold traded at about $1,931.11 per ounce after earlier trading as high as $1,943.9275 per ounce. Those levels eclipsed the previous record high price set in September 2011.
  • Gold, silver prices surge to highest levels in years

    07/21/2020 5:49:02 PM PDT · by NRx · 61 replies
    Fox News ^ | 07-20-2020 | J. Garber
    Precious metals rallied to their highest levels in years on Tuesday as a fresh economic stimulus in Europe and a weak U.S. dollar boosted prices. Spot gold rose $24.50 to $1,840.40 an ounce, its highest level since Sept. 9, 2011, while silver gained $1.34, hitting a more than 6-year high of $21.46 an ounce. At the same time, the U.S. dollar index slid 0.54 percent and neared its lowest point in two years. Tuesday’s price surge reflected "what happened in Europe,” George Gero, managing director at RBC Global Wealth Management and a member of the COMEX board of directors, told...