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POSTED ON November 21, 2022  - POSTED IN Exploring Finance

The price analysis last month suggested that more time was needed for a sustainable rally. It concluded:

It looks like this market will turn sooner or later. Still, though, support has become resistance so the market has some work ahead of itself. Medium to long-term investors should feel very confident buying at current prices, even if the price action remains choppy in the short-term.

POSTED ON November 21, 2022  - POSTED IN Key Gold Headlines

Silver demand is on pace to hit record levels in 2022, driven by new highs for physical investment, industrial demand, jewelry, and silverware production, according to the Silver Institute’s Interim Silver Market Review.

POSTED ON November 20, 2022  - POSTED IN Exploring Finance

Gold and silver continue to flow out of the COMEX vaults.

This analysis focuses on gold and silver within the Comex/CME futures exchange. See the article What is the Comex? for more detail. The charts and tables below specifically analyze the physical stock/inventory data at the Comex to show the physical movement of metal into and out of Comex vaults.

POSTED ON November 18, 2022  - POSTED IN Friday Gold Wrap

People in the financial media tend to talk about inflation as an academic exercise. As a result, it’s easy to forget that rising prices cause real pain for real people. And Americans are feeling that pain today. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey highlights some ways inflation is impacting regular people. He also explains why he thinks stagflation is the most likely outcome of this inflation fight.

POSTED ON November 16, 2022  - POSTED IN Key Gold Headlines

With real wages decreasing and inflation running rampant, Americans are burying themselves in debt to make ends meet.

After setting a new record in the second quarter, household debt increased at the fastest pace in 15 years during Q3, as American consumers have run up credit card balances month after month this year as they cope with higher prices. Meanwhile, rising interest rates have ballooned mortgage balances.

POSTED ON November 16, 2022  - POSTED IN Key Gold Headlines

On Tuesday (Nov. 15), the New York Federal Reserve announced a 12-week pilot program in partnership with several large commercial banks to test the feasibility of a central bank digital currency (CBDC).

The “proof of concept” program will test an “interoperable digital money platform” on a regulated liability network (RLN) for “technical feasibility, legal viability, and business applicability of distributed ledger technology,” according to a press release.

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