Today, we are seeing continued attacks on mining shares and the entire precious metals sector was taken down in the early New York afternoon trade. This is a continuation of the near-term trends visible last week that I discussed with Dave Kranzler on Friday’s Silver Doctors SD Metals & Markets. Precious metals will reverse very soon because the fundamentals are overwhelmingly positive for gold and silver. What we are witnessing is nothing more than the desperation of the guardians of the fiat paradigm in the face of far stronger physical market trends than widely perceived to exist given the tonnage flow moving into China, under the radar of the World Gold Council and other methodology-blinded sources that form the basis of mainstream media and Wall Street consensus opinion. – Eric Dubin, Managing Editor, The News Doctors
In an interview with the World Gold Council’s “Gold Investor” publication, Greenspan fully endorses a return to the gold standard. Here’s the story:
TND Podcast Spotlight: #139
Washington was deeply involved in India’s war on cash and gold, as F. William Engdahl has documented (click here). What is the ‘Deep State’ up to?
Jannet Yellen’s testimony before Congress offers an opportunity for sending traders running for cover, as central bankers and government interests work to manage the mess they have created in hyper-managed financial markets and a Western banking system bloated by decades of mainlining liquidity heroin in a boom-bust financial markets driven leverage cycle. To think that the creation of the Fed was partially justified on the notion that it would engender stability in financial markets and the banking system!
TND colleague Dave Kranzler spotlights yesterday’s operation to manage precious metals upside and today, we are witnessing yet another example. Click here for Yellen’s Congressional testimony. – Eric Dubin
Dave Kranzler documents the mechanics of today’s attack on gold, which involved 11.1 tonnes Of paper gold dumped in sixty seconds and was executed in the Comex market and timed perfectly to help paint the tape with the London P.M. Fix, as I discussed (click here) – Eric Dubin
I love days like today when both gold and the dollar are green. Historically, some of the best moves in gold occur as gold and the dollar move up together for short period of time. Today, of course, is just one day. And there’s no question that the Trump Government will need a significantly lower dollar in order to stimulate U.S. industry, assuming the latter is at all possible anymore.
We at the Shadow of Truth are forecasting a better year for the metals in 2017 than in 2016. We invited Turd Ferguson on the show for lively two-part discussion of the factors that will drive the metals higher. Craig Hemke of TFMetalsReport.com joins Rory Hall and Dave Kranzler to assess the recent take-down and what is in store for the balance of 2017.
With Silver Surging Off 50 Its DMA Friday, Fund Manager Dave Kranzler Joined the Show to Break Down the Action, Discussing:
- Short Capitulation? You Can Smell That Gold Wants to Go Higher
- Why the Fund Manager Believes 2017 Will Be Better for Gold & Silver Than 2016
- THIS Is When the Fireworks Are Really Going to Start in Gold and Silver…
- Something Just Changed: “This Is the Most Gold I’ve EVER SEEN Move Into China…”
A Must Listen Metals & Markets Begins Now:
Stewart Dougherty is back with another guest post for Investment Research Dynamics. Dave Kranzler views his latest contribution as his best work to date. The following is Mr. Kranzler’s private email exchange and Mr. Dougherty’s latest analysis. Reflecting on “democide” and Dr. Rudolph Rummel’s research (link), Mr. Dougherty has coined a new and appropriate term: “Currecide.” — Eric Dubin, Managing Editor, The News Doctors
The post-election run-up in stocks was fueled purely by “hope and change” energy. Now that Trump has assumed the mantle, reality will hit like an icy shower. The non-“alternative facts” about the economy continue to show contraction in real economic activity. The retail sales report for December was an utter disaster, especially if you strip out gasoline and autos.