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MoneyWeb (formerly Mineweb)
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James Rickards
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Gold Steady At $1,500 As Russia Buys Another 300,000 Ounces Of Gold In July - Russia increased it’s gold reserves by another 300,000 ounces in July and its gold reserves are now worth $101.9 billion Total amount of Russian gold reserves rose 0.4% in July, reaching 71.3 million ounces or 2,218 tons as of August 1 Official figures show gold now accounts for 19.6% of the total reserves of the […] The post Gold Steady At $1,500 As Russia Buys Another 300,000 Ounces Of Gold I...

Buy Physical Gold ‘At Any Level’ Says Mobius As It Will Go ‘Up, Up and Up’ - “Gold’s long-term prospect is up, up and up, and the reason why I say that is money supply is up, up and up” Respected investor Mark Mobius gave a blanket endorsement for investors to buy physical gold Mobius recommended a 10% allocation to gold bullion and warned against gold ETFS which are “susceptible to government […] The post Buy Physical Gold ‘At Any Level’ Says Mobius As It Will Go ‘Up,...

Gold and Silver Prices Move Above Key $1,500 and $17 Levels Again - News and Commentary Gold reclaims $1,500 mark as focus turns to Fed Gold steady after slide below key $1,500 level Gold slips 1% as equities, U.S. Treasury yields rise Wall St. rallies on stimulus cheer, Apple leads tech gains Powell gets the chance this week to make up with markets after his ‘midcycle adjustment’ We […] The post Gold and Silver Prices Move Above Key $1,500 and $17 Levels Again...


Dave Kranzler: Somebody else, not ETFs, took most gold sent to London from Switzerland in July - 11:35a ET Thursday, August 22 2019 Dear Friend of GATA and Gold: Dave Kranzler of Investment Research Dynamics in Denver discloses today that Switzerland's unusual export of 90 tonnes of gold to London in July must have involved a lot more than acquisitions by gold exchange-traded funds, the explanation offered by Bloomberg News. (See Kranzler writes: "But fact-c...

China eases restrictions on gold imports, sources tell Reuters - By Peter Hobson and Yawen Chen Reuters Thursday, August 22, 2019 China has partially lifted restrictions on imports of gold, bullion industry sources said, loosening curbs that had stopped an estimated 300-500 tonnes of the metal worth $15-25 billion at current prices from entering the country since May. China's central bank had for several months curtailed or not granted import quotas to comm...

Stubbornly strong dollar prompts talk of U.S. attack on China's currency - By Eva Szalay Financial Times, London Thursday, August 22, 2019 Top Chinese bankers in London are warning of the drama that would follow any U.S. attempt to weaken the dollar by intervening in renminbi markets -- a move that would be seen by Beijing as a "political act." The risks of such action have heightened since June, said analysts, after U.S. President Donald Trump repeatedly took aim at ...

Indian farmers reminded that gold is always as good as money - Indians Pawning the Family Gold Amid Credit Crunch By Rajendra Jadhav and Nupur Anand Reuters Thursday, August 22, 2019 Refused a loan by a state-run lender and desperate for funds to buy cotton seeds before the summer sowing season window closed, Indian farmer Babasaheb Mandlik ran out of choices -- he pawned his wife's gold jewelry. Mandlik, who owns an 8-acre cotton farm in western India, p...

Investors hoard most gold in ETFs in six years - ... And its custodian, HSBC, will be glad to short, swap, and rehypothecate it to prevent them from profiting from it. * * * By Ranjeetha Pakiam Bloomberg News Thursday, August 22, 2019 Gold is faring extremely well as a haven asset, with inflows into exchange-traded funds hitting 1,000 tons since holdings bottomed in early 2016 after a prolonged unwind in the wake of the global financial crisi...

MoneyWeb (formerly Mineweb)

The PIC sees next gold boom in West Africa - As the sun sets on SA's gold mining industry.

As gold surges, so does illegal mining tied to crime and illness - Gold's rally is making illegal mining prospects in SA and Latin America look more attractive.

Gold tops $1 500 as investors seek shelter from gathering storm - Concerns over slow global growth and trade tensions mount.

Gold Fields flags lower H1 earnings - Gold Fields expects earnings to fall 15%.

Central banks’ hunger for gold pushes demand to three-year high - Trend set to continue.

AngloGold Ashanti flags higher H1 earnings, says asset sales are proceeding - Earnings rise as much as 29%.

Gold investors up the ante before critical Fed decision on rates - Gold prices are on course for a third monthly gain.

Moves to reopen Lily and Barbrook gold mines - With a stronger gold price and weaker rand, prospects have improved since they closed three years ago.

Gold gets Fed boost after Powell flags rate cut amid global risk - Bullion trading above $1 400 again as investors take note of the Fed’s dovishness.

Zero Hedge

Harsh UK Energy Regs Claims 13th Victim - Authored by Tsvetana Paraskova via, UK renewable energy supplier Solarplicity says it is ceasing to trade, blaming the harsh regulations in the energy market and increased competition, and becoming the 13th energy supplier in the UK to have gone out of business since the beginning of 2018. “Solarplicity Supply Limited is ceasing to trade and Ofgem, the energy regulator, will appo...

"I Feel So Scared": Why Crewmembers Of Hong Kong's Biggest Airline Are Terrified Of China - Roughly a week to the day that pressure from Beijing forced out the CEO Of Cathay Pacific airlines and one of his deputies (both "quit" under pressure from Beijing's airline regulator and mainland companies aligned with the CPC), the Washington Post published a long-winded story based off of interviews with more than a dozen employees of the iconic airline, which has for so long been closely as...

Pakistani Actress Visits UK Town, Says "It's Like Being At Home" - Authored by Paul Joseph Watson via Summit News, A Pakistani actress who visited the UK town of Bradford said it was “like being at home.” Commenting on her first trip to Bradford, Mehwish Hayat said the town was “like a mini Pakistan for me.” “I feel like I am actually in my own country,” she added. Pakistani actress Mehwish Hayat visits Bradford, UK "It's like Mini Pakistan,...It's Like...

CJ Hopkins: Manufacturing Mass Fascism Hysteria - Authored (satirically) by C.J.Hopkins via The Unz Review, If the neoliberal ruling classes expect to keep the American masses worked up into a white-eyed hysteria over “fascism” until November 2020, they’re going to need to get some better Nazis. The current Nazis are just not going to cut it. They are neither scary nor Nazi enough. OK, the militia ones look kind of scary, and that “Based Spar...

Beijing Says Missing Hong Kong Consulate Employee Arrested For Visiting Prostitute - The Hong Kong consulate employee who vanished two weeks ago after attending a conference across the border in Shenzen was reportedly detained after visiting a prostitute, according to a report in a Chinese newspaper that was cited by Bloomberg. Simon Cheng, the 28-year-old employee at the UK consulate in Hong Kong, mysteriously vanished after alerting his girlfriend via text that he was having...

San Francisco Board Rebrands 'Convicted Felons' As 'Justice-Involved Persons' Or 'Formerly Incarcerated' - Convicted felons in San Francisco may have broken the law, but they'll get to keep their dignity after the city's Board of Supervisors adopted new, sanitized language describing them as 'justice-involved persons' or 'formerly incarcerated.'  Under the city's new "person first" language guidelines, the words "felon," "convict," "addict," "offender," and "juvenile delinquent" are no-no's. Inst...

Cryptocurrencies Are Used To Buy Illicit Drugs, Warns White House - Cryptos, bad; crypto-users, "drug-using terrorists"; USDollar, good; USDollar-users, patriots. That appears to be the message in a new statement from The White House on the links between America's opioid epidemic and cryptocurrencies. As CoinTelegraph's Liam Frost reports, on Aug. 21, the White House issued two advisories regarding illicit drug purchases in the United States that contain refe...

"They Let The Criminals Go": China Furious At Chaotic Scenes From HK Metro Station Unrest - Another Hong Kong protest 'sit-in' turned into a violent scrap with police as on Wednesday night thousands of black-clad youth and others set up barriers and occupied the Yuen Long station of the city's MTR metro.  The protest was to mark the one-month anniversary of what anti-Beijing demonstrators are calling the the 'Yuen Long attack,' which involved a gang of white-shirted, baton wielding m...

Investors Dilemma: Pavlov's Dogs & The Ringing Of The Bell - Authored by Lance Roberts via, Classical conditioning (also known as Pavlovian or respondent conditioning) refers to a learning procedure in which a potent stimulus (e.g. food) is paired with a previously neutral stimulus (e.g. a bell). What Pavlov discovered is that when the neutral stimulus was introduced, the dogs would begin to salivate in anticipation of the poten...

China Threatens US Currency Intervention Would Lead To "Market Turmoil" And "Unprecedented Political Fallout" - When, for the first time in 11 years, Jerome Powell cut the Fed Funds rate by 25bps on July 31, something unexpected happened: the dollar spiked (in fact, the trade weighted dollar soared to a record high). And not only did the dollar spike as a result of a market that screamed to Powell "long overdue policy error", coupled with a growing dollar liquidity shortage which according to BofA and JP...


Fed Baby Steps Coming: What's Powell Up To? - The odds of a double rate cut in September plunged from 40% recently to 31% last week then to 0% today.

Making Sense of 100-Yr Bonds yielding 0% and 30-Yr Bonds With Negative Yield - Over 50% of European gov't bonds have a negative yield. Globally there's $15 trillion in negative-yield debt.

Increasingly Angry Farmers Blame Trump, Not China - Farmers are angry over crop reports, broken ethanol promises, tariffs, crop reports, Trump, and mounting debt.

Tick Tock: Merkel Gives UK 30 Days to Solve Brexit - Boris Johnson met Angela Merkel today. She gave Johnson 30 days to do the impossible.

Trump Proclaims Himself the "Chosen One" to Take on China - "I am the chosen one" says president Trump.

James Rickards

China: Paper Tiger - This post China: Paper Tiger appeared first on Daily Reckoning. China’s shock currency devaluation last week begs the following questions: Is China a rising giant of the twenty-first century poised to overtake the United States in wealth and military prowess? The post China: Paper Tiger appeared first on Daily Reckoning.

Why China’s a Paper Tiger - This post Why China’s a Paper Tiger appeared first on Daily Reckoning. Markets are still digesting last week’s Chinese devaluation that sent the Dow crashing over 700 points last Monday. And as everyone knows by now, the Trump administration labelled China a currency manipulator. The ironic part of it is that China has been manipulating its currency to strengthen it against the dollar. Here’s t...

The Swiss Battle to Cheapen the Franc - This post The Swiss Battle to Cheapen the Franc appeared first on Daily Reckoning. Jim Rickards brings you back to the Swiss National Bank’s latest currency manipulation. Why is the Swiss franc a superior haven to the dollar? And will the manipulation work? Read on. The post The Swiss Battle to Cheapen the Franc appeared first on Daily Reckoning.

Jim Sinclair

In The News Today - J. Johnson’s Latest – The Resolutes Remain Strong! That IS Impressive! August 22, 2019 Great and Wonderful Thursday Morning Folks,          Gold is getting hit after the gagged J-Hole event with December’s trade at $1,503.40, down $12.20 and right beside the usual London low at $1,502.10 with the high at $1,514.60. Silver is correcting as... Read more » The post In The News Today appeared firs...

Trump at War with New World Order – Alex Newman - By Greg Hunter’s  Journalist Alex Newman says President Trump is at war with the Deep State, New World Order globalists that want to destroy America. Are the forces of good making headway against the forces of evil? Newman explains, “I think we are. I think the election of Donald Trump shows how much headway we... Read more » The post Trump at War with New World Order – Alex Ne...

Jim’s Mailbox - Jim/Bill, Mr Schiff is saying exactly what we have been telling listeners for years. Dave The Trade War Is Already Lost, Trump Is Doomed And This Investment Is About To Go ‘Ballistic,’ Strategist Says August 17, 2019 That’s Euro Pacific Capital’s Peter Schiff explaining to Fox Business following the Dow Jones Industrial Average’s DJIA, +1.20%... Read more » The post Jim’s Mailbox appeared firs...

USAWatchdog 2-part Series With Kevin Shipp - Part #1: “Russia Hoax Coup and Epstein Interlocked – Kevin Shipp (Part #1)” Former CIA Officer and whistleblower Kevin Shipp says the Russian hoax and attempted coup of President Trump and the sex trafficking case against Jeffery Epstein are linked together by the same Deep State players.  Shipp explains, “The FBI has completely raided his... Read more » The post USAWatchdog 2-part Series With...

Koos Jansen

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Silver Doctors

Paul Craig Roberts: Globalism Transferred The US Economy To China, Tariffs Are Not The Solution - The US is locked on a path that leads directly to the Third World of 60 years ago. President Trump is helpless to do anything about it… by Paul Craig […] The post Paul Craig Roberts: Globalism Transferred The US Economy To China, Tariffs Are Not The Solution appeared first on Silver Doctors.

Is “Financial Literacy” Making Gold Less Relevant In India? - Gold is for the great unwashed while modern financial assets are for more sophisticated people, people gaining “financial literacy”… by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear […] The post Is “Financial Literacy” Making Gold Less Relevant In India? appeared first on Silver Doctors.

The Yield Curve Is Telling The Fed To Cut Rates - Mike Manwell sits down with Kevin Smith to discuss the yield curve, the Fed rate cuts, and a whole lot more… by Mike Manwell via Rethinking The Dollar Thanks for […] The post The Yield Curve Is Telling The Fed To Cut Rates appeared first on Silver Doctors.

Lindsey Graham’s Blank Check: A Defense Agreement With Israel Would Be Disaster For Americans - Graham’s proposal might be part of a White House plan to end-run Congress and public opinion by enabling Israel to start the war, whereupon the US… by Philip Giraldi via […] The post Lindsey Graham’s Blank Check: A Defense Agreement With Israel Would Be Disaster For Americans appeared first on Silver Doctors.

“Too Big To Fail” Bank In America Boldly Declares “The Wheels For A Slowdown Are In Motion” - Now even one of the biggest banks in the entire country is openly admitting that a “slowdown” is upon us… by Michael Snyder of The Economic Collapse Blog Now even […] The post “Too Big To Fail” Bank In America Boldly Declares “The Wheels For A Slowdown Are In Motion” appeared first on Silver Doctors.

If You’re Looking For A Canary In The Coal Mine…Watch Gold! - Given all of the interest-rate assumptions that current market pricing is based on, watch gold… from Zero Hedge The Day Before a Big Event Is Hardest to Trade The European […] The post If You’re Looking For A Canary In The Coal Mine…Watch Gold! appeared first on Silver Doctors.

Our Wile E. Coyote Federal Reserve - Whatever the Fed chooses to do, it’s already failed… by Charles Hugh Smith via Of Two Minds Wile E. Coyote has gotten a bad rap: in all fairness, his schemes are […] The post Our Wile E. Coyote Federal Reserve appeared first on Silver Doctors.

SHALE OIL NEXT VICTIMS: The Major Oil Companies - As the situation continues to deteriorate for the small to mid-sized shale operators, the next victim will be the major oil companies… by Steve St Angelo of SRSrocco Report As […] The post SHALE OIL NEXT VICTIMS: The Major Oil Companies appeared first on Silver Doctors.

TF Metals Report

Holedown Thursday - By TF 35 Comments | 7 Likes The Comex metals have been pressured all day ahead of the Fed's Jackson Holedown. Not even a truly lousy set of PMIs could stave off a relentless pressure to keep bond and gold prices restrained of CGP's big speech tomorrow. Time is short as it has been a busy morning so I'll try to keep this brief and to the point. The metals sold off a little overnight and i...

Nothing New Under The Sun - By TF 51 Comments | 7 Likes It's the same old, same old today as equities rally back while gold is shoved lower. And it all began as the futures reopened last evening at 6:00 ET. After falling 23 points yesterday, the S&P futures immediately jumped higher...and they have progressed in their usual, 45-degree angle incline ever since. No sustained weakness is allowed here. At the same time ...

Bounceback Tuesday - By TF 34 Comments | 7 Likes As Monday's losses are recovered, the question becomes...Is this just a bounce on the way down to $1460 or was Friday-Monday the quick selloff that sets the stage for new 2019 highs? A lot of that will depend, of course, on tomorrow's PMIs and the Friday Jackson Holedown speech by Chief Goon Powell. If PMIs are weak and Powell is dovish, yesterday's drop will be...

Harvey Organ

AUGUST 22//OPTIONS EXPIRY MONDAY SO A GOOD REASON TO WHACK OUR METALS; GOLD DOWN $6.80 TO $1498.80/SILVER IS DOWN 11 CENTS TO $17.06//SILVER IS STILL HOLDING ITS GAINS DESPITE OPTIONS EXPIRY//GOLD ... - GOLD:$1498.80 DOWN $6.80(COMEX TO COMEX CLOSING                       Silver:$17.06 DOWN 11 CENTS  (COMEX TO COMEX CLOSING)/                                           Closing access prices:     Gold : $1498.40   […]

SRSrocco Report

SHALE OIL NEXT VICTIMS: The Major Oil Companies - As the situation continues to deteriorate for the small to mid-sized shale operators, the next victim will be the major oil companies.  If you think I may be exaggerating, the data and charts reveal that the major oil companies are already struggling to make money producing shale.  And, when the overdue U.S. and global recession...

SILVER MARKET: Indicators Setting Up For A Big Move - If we look at certain indicators in the silver market, the price is setting up for a big move.  It seems as if mainstream investors are now becoming more worried about the stock and bond markets.  With almost $17 trillion in negative-yielding debt in the world, the notion that gold or silver doesn’t earn a...

REPLY TO HARRY DENT: If Gold Is In A Bubble, Then Mine Supply Must Come From The Tooth Fairy - Harry Dent says gold is in a bubble, and according to his analysis, warns that it could go back down to $700.  If the gold price were to crash lower to $700, as Dent forecasts, then 50+% of the gold mining industry would have to shut down.  Why?  Because the top gold miners total cost...


Frank Holmes: Negative Real Interest Rates to Send Gold Soaring - Mike Gleason: It is my privilege now to welcome in Frank Holmes, CEO and chief investment officer at US Global Investors. Mr. Holmes has received various honors over the years, including being named America’s Best Fund Manager by the Mining Journal. He’s also the co-author of the book The Goldwatcher: Demystifying Gold Investing, and is a regular guest on CNBC, Bloomberg, Fox Business, and also...

The Case for Gold Keeps Getting Stronger As Negative Interest Rates Spread - The world has truly entered uncharted waters with negative interest rates spreading so far and wide. Frank Holmes, CEO of US Global Investors, recently noted that a whopping 25% of all bonds sold globally now carry a negative yield. “Investors” are even buying some “junk” rated bonds which will repay the bearer less than purchase price upon maturity. Now European banks, who have been absorbing ...

Gordon Chang: Gold to Benefit as Chinese Economy Hits the Wall - “No China Trade Deal Until 2020, Maybe 2021… Maybe Never”     Mike Gleason: It is my privilege now to welcome back Gordon Chang, author, television pundit and columnist. Gordon is a frequent guest on Fox News, CNBC and CNN among others, and is one of the foremost experts on Asian economics and geopolitics, having written books on the subject, and it’s great to have them back on with us. Gordon,...

King World News

What’s Next For The Gold Bull, Plus The Temptation To Take Profit - With the price of gold getting more attention in the media, here is an important look at what's next for the gold bull, plus the temptation to take profit. The post What’s Next For The Gold Bull, Plus The Temptation To Take Profit appeared first on King World News.

The Setup For Silver Is Becoming Very Bullish - On the heels of the recent rally in the metals, the setup for silver is becoming very bullish. The post The Setup For Silver Is Becoming Very Bullish appeared first on King World News.

McClellan – The Whole World Is Abuzz - With many traders stunned by some of the trading action in global markets, today veteran newsletter writer, Tom McClellan, discusses why the whole world is abuzz. The post McClellan – The Whole World Is Abuzz appeared first on King World News.

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