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Polling guru Nate Silver lashed out at other survey junkies in his field for “cheating” in the final stretch of the 2024 presidential election — accusing them of recycling some results to keep the race between Donald Trump and Kamala Harris close. The FiveThirtyEight founder said irresponsible pollsters were “herding” their numbers, or using past results to affect current ones, to keep Vice President Harris and former President Trump to within a point or two of each other each time. “I kind of trust pollsters less,” Silver said on his podcast, name-checking Emerson College. “They all, every time a pollster...

Massive Hoard of Silver Pennies From Norman Conquest Valued at $5.6MA pile of 1,000-year-old silver pennies from the Chew Valley hoard, which was recently discovered by metal detectorists in Somerset. The treasure sheds new light on the post-Conquest period and the impact of the Norman invasion on England. The pennies were acquired by the South West Heritage Trust for £4.4 million ($5.6 million USD). The hoard of pennies is now the "highest value treasure on record". Courtesy of the British Museum A massive hoard of 1,000-year-old silver pennies found by a group of people learning how to use metal detectors...

“My gut says” former President Donald Trump will win the election, Nate Silver wrote Wednesday, with a warning not to trust “anyone’s gut” instinct. Silver, a statistician, writer, and poker player, says the election remains a “50/50” coin flip, a characterization that many political experts argue is true with just 13 days until Election Day. Newsweek reported on Silver’s history of predicting elections: 2008: Nate Silver successfully predicted the winner in 49 out of 50 states in the presidential election. 2012: He correctly predicted the winner in all 50 states. 2016: Although Donald Trump won in an upset, Silver’s model...

Silver prices soared by over 6% yesterday, breaking through the crucial $33.6 per ounce mark and sending shockwaves through global markets. The surge has put five major U.S. banks at risk of massive losses, potentially in the billions, due to their heavy short positions in the precious metal. According to data from the Commodities Futures Trading Commission (CFTC), the open interest in silver futures contracts has reached a staggering 141,580 contracts, each representing 5,000 ounces of silver. This translates to a total of 707,900,000 ounces – nearly equivalent to a year's worth of global silver production.

Pollster Nate Silver said in his latest election forecast that the White House race between former President Trump and Vice President Harris is likely to remain a toss-up until Election Day, now less than a month away. “I’ve never seen an election in which the forecast spent more time in the vicinity of 50/50, and I probably never will,” Silver wrote in his column published Tuesday. He argued that there were a few instances where it seemed like the election was swinging in one direction, “but they proved to be false starts.” Silver pointed to when Harris replaced President Biden...

Dear Friend of GATA and Gold: In this week's edition of Kinesis Money's "Live from the Vault" program, London metals trader Andrew Maguire outlines what he says are the many bullish drivers of the gold price. He says Chinese central bank buying remained strong this week though retail buying was absent because of the "Golden Week" holidays. Indian central bank buying remained strong as well, Maguire says. Using price charts, Maguire says central bank buying is steadily driving up the gold price in calculated stair steps that prevent the physical market from becoming too disorderly. Now that the BRICs nations...

Bridgewater Associates founder Ray Dalio says America’s $35.327646622839 trillion national debt will continue to grow no matter who wins the race for the White House. In a new interview with Bloomberg at the Milken Institute Asia Summit 2024, Dalio says the fast-approaching November election represents a crossroads for a number of critical issues including taxation and the reach of the federal government. The billionaire believes the national debt is bound to be ignored while the government uses inflationary policies to reduce the real burden of its debt. “We have an enormous amount of debt, and it’s going to keep increasing....

As far as I can understand, it looks like NJ's sales tax on precious metal purchases will be going away. Last year, the bill passed both houses, but the governor failed to either veto or sign within 45 days -- and because this happened at the end of a legislative session, it automatically became a "pocket veto." The bill was reintroduced, again passed both houses (on June 28), and the governor once again took no action within 45 days. However, because it was not the end of a legislative session, the bill should automatically pass and become law (according to...

According to a Reuters report, 27 silver Roman coins were discovered in the ancient Greek acropolis on the remote Mediterranean island of Pantelleria by a team of researchers led by archaeologist Thomas Schaefer of the University of Tübingen. He thinks that the coins, which first surfaced in loose soil after heavy rains, may have been hidden during a pirate attack. Additional coins were later found under a nearby rock. Analysis of the coins shows that they were minted in Rome between 94 and 74 B.C. "This discovery... offers valuable information for the reconstruction of the events, trade contacts, and political...

A liberal pollster's latest projection shows Donald Trump securing a blowout victory over Kamala Harris. Nate Silver's prediction places the Republican hopeful's chances of winning the electoral college vote at 63.8 percent, compared to 36 percent for Harris. Silver's modelling, published on his blog Silver Bulletin, also places Trump ahead in all of the crucial swing states.

China hoarding silver, price 10% higher than West. Secret weapon or economic warfare? A Hidden War for Economic Dominance While the world has been focused on the geopolitical tensions between China and the West, a more subtle battle has been unfolding in the global financial markets. China, through a series of calculated moves, has been quietly accumulating vast quantities of gold and silver. This move has signaled a potential shift in the global economic landscape and highlights the developing countries’ need for exorbitant amounts of resources. Silver: China's Secret Weapon In addition to its gold hoarding, China has also been...

Bank of America strategist Michael Hartnett advises buying gold amid record-high prices. Hartnett said potential Fed rate cuts could stoke fresh inflation, which would be bullish for gold. Gold's year-to-date rally of about 20% is outperforming US tech stocks. Investors should buy gold even as the metal hovers around record-high prices, according to Bank of America investment strategist Michael Hartnett. In a note on Thursday, Hartnett said investors should "do what central banks are doing… buy gold." That's because interest rate cuts from the Federal Reserve in the coming months pose a risk to stoking a rebound in inflation next...

Betelgeuse is our next door supergiant. It is almost 1000 times bigger than our sun and possibly it has already exploded in a giant supernova. How would we notice, how fast would the process be and what could we expect to see from Earth? Something happened in 2019 Betelgeuse is currently in the final stages of its short life. So when the red supergiant abruptly darkened in late 2019, the behavior led many to speculate that it might be about to explode. The loss of brightness was far greater than anything previously recorded. Analyzing data from Hubble Space Telescope and...

(Kitco News) – Gold has had a breakout year as the yellow metal surged to new heights above $2,500 while its grey counterpart, silver, has struggled to keep pace, but that could soon change, according to one analyst, as silver demand is expected to increase thanks to one new technological development from Samsung. According to retired investment professional Kevin Bambrough, Samsung has developed a new solid-state (SS) battery. The inclusion of silver as a key component, combined with the increasing demand for electric vehicles, means that demand for the grey metal will soon increase. “The key drivers that will ramp...

In the July 18 edition of Gold Newsletter, editor and publisher Brien Lundin wrote about the failure of silver prices to keep up with gold prices. "I'm not the kind of conspiracy buff that many of my friends in the industry are," Lundin wrote, "but it's hard to look at silver and not see some hidden hands at work (especially considering who holds so much of the metal in both physical and paper forms while acting as custodian for the biggest silver exchange-traded fund)." Of course, Lundin meant investment bank JPMorgan Chase and silver ETF SLV. Why anyone would invest...

It has long been a generally accepted fact that western central banks continually attempted to manipulate gold and silver prices in the financial markets. For years, they conspired to artificially suppress the price of gold, pushing it lower by selling short massive numbers of gold futures contracts. Well, more evidence of this came to light just this past week – the last week of April/first week of May. And along with it came some pretty convincing indications that western central banks no longer wield sufficient financial clout to enable them to keep gold and silver prices down. China is the...

Interior Secretary Deb Haaland acknowledged Tuesday that the Biden administration’s climate agenda, which is reliant on global critical mineral supply chains, is strengthening China. During a House Appropriations Committee hearing on her agency’s proposed 2024 budget, Haaland was repeatedly grilled about the administration’s environmental policies blocking further domestic production of critical minerals and opening the door to further reliance on Chinese-sourced minerals. In one exchange with Rep. Guy Reschenthaler, R-Pa., Haaland affirmed that green energy sources “deepen” reliance on Chinese imports. “I’m telling you right now that 63% of rare earth mining [occurs in China],” Reschenthaler stated. “By deductive reasoning,...

silver is up $1.75 today so far

From a distance, the slate gray roof and central white tower of the Brahekyrkan church appear charming. The idyllic building is situated on a small island in southern Sweden and surrounded by a cemetery dotted with flowers.So archaeologists weren't surprised when a construction project at the church uncovered several skeletons — but the grave held an 800-year-old mystery, too.Archaeologists began excavations at the Brahekyrkan church in Visingsö to prepare for the installation of a geothermal heating system, the Jönköping County Museum said in a March 27 news release.On the first day of the excavation, the team found two skeletons, Anna...

Before France dominated European coin production under Charlemagne, the richest members of the continent's Middle Age societies were likely melting down valuable Byzantine artefacts for legal tender....a collection of ancient coins used throughout north-western Europe at least 1,200 years ago was found to be made of recycled Byzantine silver. It's a finding they say shines a light on 7th-century trade and geopolitics.The origin of the metal stocks was achieved through a lead isotope analysis of the coins from England, the Netherlands and parts of France. Coins minted using silver from Melle, north of Bordeaux, have previously been evaluated, but the...