China Halts All New BHP Iron Ore Cargoes As Traders Brief Goldman On Situation
China Halts All New BHP Iron Ore Cargoes As Traders Brief Goldman On Situation Bloomberg reports that China Mineral Resources Group has temporarily halted purchases of all dollar-denominated seaborne iron ore cargoes from BHP Group vessels. The trade suspension follows failed talks between CMRG (the world’s largest iron ore buyer) and BHP (the world’s largest listed miner) and […]
Shutdown Nears Deadline, Gold Up +12% in September
Gold hit a record $3,866/oz in September, surging 12% for its best monthly rally since 2011. With a U.S. shutdown looming, Citi reaffirming $4,000 gold, and India’s festival demand adding momentum, the metals market is showing both political and global drivers.Read More
Failure to Deliver: The Setup for $100 Silver
Silver’s bull market is no longer just a rally — it’s a structural shift. For the first time in history, silver has held above $40 for more than 20 straight trading days, a streak that eclipses both the 1980 hyperbubble and the 2011 run. But as Mike Maloney warns in…Read More
Futures, Gold Drop With Hours Left Until US Government Shutdown
Futures, Gold Drop With Hours Left Until US Government Shutdown Futures are lower as we close out the quarter/month, ahead of what is a most likely (80% odds on Polymarket) government shutdown. As of 8:00am ET, S&P and Nasdaq futures are down 0.2% as sentiment sours after Monday’s optimism. Still, on the final trading day […]
France On The Brink: Debt Spiral And Political Paralysis
France On The Brink: Debt Spiral And Political Paralysis Submitted by Thomas Kolbe France remains paralyzed even after its latest government reshuffle. Time is running out to consolidate public finances before bond markets turn against Paris. The office of Prime Minister has become a revolving door. In just three years, President Emmanuel Macron has burned […]
Why Silver Is Undervalued: The Case for a 20:1 Gold–Silver Ratio
If you’ve been wondering whether silver is still “cheap” after its latest rally, Mike Maloney’s framework makes the case loud and clear: relative to gold, silver remains one of the most undervalued major assets on the planet. The lens that reveals this is the gold–silver ratio (GSR)—how many ounces of…Read More
Silver’s Breakout: Why the Next Move Could Shock Everyone
Silver is heating up like never before. Prices are within striking distance of record all-time highs, and multiple forces — technical, fundamental, and supply-driven — are aligning to suggest the rally may just be getting started. In his latest update, Mike Maloney lays out why he’s personally adding to his…Read More
Gold Tops $3,800 as U.S. Shutdown Nears
Gold broke above $3,800 an ounce and silver neared $50 as investors brace for a U.S. government shutdown and mounting political pressure on the Fed. With global debt at a record $338 trillion and Washington gridlock turning into an almost annual ritual, safe-haven demand for gold and silver is surging.Read More
Lower Mortgage Rates Spark Surge In Pending Home Sales In August
Lower Mortgage Rates Spark Surge In Pending Home Sales In August August data for the US housing market has been ‘mixed’ to say the least with a surge in new home sales (thanks to a massive rise in incentives from homebuilders) and a small decline (near multi-year lows), leaving this morning’s pending home sales data […]
Gold Revaluation Imminent? US Treasury Hoard Tops $1 Trillion For First Time
Gold Revaluation Imminent? US Treasury Hoard Tops $1 Trillion For First Time On the back of a 45% surge in the price of gold this year, the US Treasury’s hoard of the barbarous relic has surpassed $1 trillion in value for the first time in history. That is more than 90 times what’s stated on […]