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Apr 30 News & Views May 2021 Michael J. Kosares
“Survivalism,” wrote Evan Osnos in a 2017 article for The New Yorker, “the practice of preparing for a crackup of civilization, tends to evoke a certain picture: the woodsman in the tinfoil hat, the hysteric with the hoard of beans, the religious doomsayer. But in recent years, survivalism has expanded to more affluent quarters, taking root in Silicon Valley and New York City, among technology executives, hedge-fund managers, and others in their economic cohort.” We have always taken exception to the mainstream media’s portrayal of the ordinary gold owner as “the woodsman in the tinfoil hat”. . . etc. Many among the media are utterly amazed to learn that people like Steve Huffman (Reddit, CEO), Peter Thiel (PayPal founder), and the long roster of other luminaries mentioned in this New Yorker article are identified as “preppers” in one capacity or another...

Apr 30 Bullish Copper Narrative Continues to Build Rick Mills
Without copper, the electrification of the global transportation system and the decarbonization of energy cannot happen. Will there be enough copper for future electrification needs, globally? And remember, in addition to electrification, copper will still be required for all the standard uses, including copper wiring used in construction and telecommunications, copper piping, and copper needed for the core components of airplanes, trains, cars, trucks and boats. The short answer is no, not without a massive acceleration of copper production, and exploration, worldwide. Unlike the previous super-cycle, which depended on China, the next structural bull market will be driven by spending on green energy, for which copper is a key ingredient...

Apr 30 CNBC: Forget Gold, Buy Silver? Mike Maloney Reacts GoldSilverTeam
We’ve only just started to see mainstream media covering silver as an investment - does this mean that Phase 2 of silver’s bull run is here? Join Mike Maloney, Jeff Clark and Adam Taggart in today’s video to find out...

Apr 29 Have The Global Markets Already Reached A “Critical Mass” Chris Vermeulen
A recent Forbes article suggesting global market leverage had reached new all-time highs prompted me and my research team to begin to explore the question of whether “global markets already reached a critical mass in terms of post-COVID-19 recovery”? If this is true, what would it mean for the rest of 2021 and into early 2022?...

Apr 29 Why The Bull Run In Silver Is Just Getting Started GoldSilverTeam
Is this just the beginning of the bull run in silver? Mike Maloney and Jeff Clark believe it is, watch today’s video to see why...

Apr 29 Three Reasons Why Waiting for "Cheaper Silver" Doesn't Make Cents David Smith
As mentioned above, we're well into a structural ongoing supply decline -- made worse because most silver used in modern applications is not recoverable, and is thus lost for reuse. The trickle of additional new silver production coming online is simply not going to change this anytime soon. Slammed against this drop is a sea wave of new demand from both investors and industry. Like palladium, which went through the same supply demand alteration (deficit) on a smaller scale, the result before long is going to be an upside price explosion. Also, whether or not you believe in "conspiracy theories," silver, unlike any other commodity on the board has, for the past few decades been massively "manipulated" by short sellers who push paper silver derivatives into the market in order to keep the true price well below where, all things considered, it should be...

Apr 29 MER Misleads Investors When Choosing Mutual Funds Nick Barisheff
Articles in the media often recommend that investors avoid mutual funds with high Management Expense Ratios (MER), which they frequently confuse with the management fee. The management fee is often used as the key determinant when making an investment decision, but the MER is an even broader measure of all the costs of the fund to the investor. Using MER to select mutual funds is misleading advice that will not yield the best results for investors. Since all performance is measured net of MER, it is best to simply choose funds that have the best performance regardless of the MER....

Apr 28 The People Have the Power Craig Hemke
There are many of us "keyboard warriors" who believe that the current fractional reserve and digital derivative pricing scheme is unfair and rife with fraud. There are also a handful of system apologists who claim that the current scheme is fair and equitable and that silver is abundant. Well, there's one way to find out. Let's do this. If you regularly read these weekly columns, then you'll recall this post from last week. If not, please read it now before you continue: A Time to Fight Back. In summary, it's time to get to The Truth, and we the people have to power to uncover it. The pricing scheme has endured for decades, and the alchemy that drives it has left in its wake a system where no one knows for certain how much physical gold and silver exists with clear, undisputed title...

Apr 28 Gold Price Support: A Call To Arms Stewart Thomson
5.) Since arriving at my important buy zone of $1671, technical green shoots for gold continue to appear. 6.) While gold is often soft on Tuesdays, that’s just short-term noise. A rally to $1820-$1850 looks likely. 7.) In the short-term, a spike in corona virus cases in India is likely to put a damper on imports in the physical market, but the Chinese central bank appears ready to resume its monthly gold buy program. 8.) Once the corona case spike ends in India, the physical market is likely to overwhelm any childish selling by leveraged gamblers in the American paper market… and then gold is likely set to challenge the big resistance zone of $2000...

Apr 28 New and Existing Home Sales: Fact vs Spin Dave Kranzler
Existing home sales, reported last Thursday, were down 3.7% from February (down 6.3% in February). Wall St was thinking they would rise 0.8%. The seasonally adjusted annualized sales rate dropped to 7-month lows. The reason for struggling existing home sales is three-fold. First and most obvious is rising mortgage rates. If the Fed had not been throwing at least $80 billion per month at the mortgage market, mortgage rates would have been rising since last April and would be much higher than current mortgage rates. This would have prevented the double digit housing price inflation of the last 12 months, which to a large degree is starting to “freeze” housing market activity...

Apr 27 Financial Sector Appears Ready To Run Higher Chris Vermeulen
Today, we are revisiting a recent research article suggesting the Financial Sector may be poised for another rally trend targeting the $38.00 level first, then the $39.40 level based on our research. The financial sector continues to trend higher after the COVID-19 market collapse. Global central banks and government policies are very accommodating to stronger earnings and growth in the Financial sector. Recently, the US Government passed a new COVID stimulus bill that allocates money for at-risk borrowers to help elevate foreclosure actions. It is very likely that these continued actions to support a stronger US and global recovery will translate into higher price trending in the Financial sector as we move into the Summer months – where weather and Summer activities push people back outside and into more active lifestyles...

Apr 27 When The Market Unravels There Will Be “No Place To Hide” Adam Taggart
Few people alive understand how Capitol Hill and Wall Street work better than former Congressman and financier David Stockman. Our friend Adam Taggart sits down with David to discuss how he is deeply concerned that our current political, monetary and fiscal policies are setting the stage for an epic breakdown in the economy as well as the financial markets. Risk is being grossly mispriced right now. Asset prices are being distorted into ridiculously dangerous territory by investors caught up in a flood of cheap liquidity as well as a widespread speculative mania. Of the blizzard of warning signals that reflect this, here’s a gem — never before have so many money-losing companies been valued so richly...

Apr 27 Market Leverage Reaches New All-Time Highs Chris Vermeulen
A recent Forbes article highlights the incredible increase in market leverage since the start of the COVID-19 crisis. There has never been a time in recent history where market leverage has reached these extreme levels. Additionally, highly leveraged market peaks are typically associated with asset bubbles. The easy money policies and global central bank actions have prompted one of the longest easy money market rallies in history. Historically low interest rates, US Federal Reserve and global central bank asset-buying programs, and extended overnight credit support have prompted some traders and investors to move into a more highly leveraged position expecting the rally to stay endless. Although, the reality of the global market trends may be starting to cause traders and investors to become a bit unsettled. Precious Metals, Utilities, and Bonds have all started reacting to perceived fear related to this extended bullish rally trend recently...

Apr 26 The 5 Realities About Silver—And What They Signal Is Ahead Jeff Clark
As a thought exercise, what if I told you the silver price was going to peak at $85 an ounce? Too low, right? But what if I told you that at $85 you could buy a house with just three mints cases of silver Eagles (or Maples Leafs, etc.)? That’s exactly what silver investors were able to do in January 1980. At the peak of the market, silver investors could buy an average-priced home in the US with just 1,464 ounces. Since silver is money, it’s what you can buy with it that separates this hard asset from most other investments. There’s another advantage: when ratios like this one reach historic lows—regardless of what the silver price may be at the time—it may be time to consider exiting. No, I don’t think this ratio bottoms at $85 silver. There’s far too much currency abuse for it to peak at that level. But instead of focusing on the price...

Apr 26 Gold’s Perfect Storm Rick Mills
Gold may have seen a pullback since the heady days of last summer when it was trading around $1,800, $1,900, even crossing over $2,000 briefly, but a perfect storm for gold is brewing once again. Let’s look at the facts. On the supply side, we have mined gold supply unable to keep up with demand — without recycling jewelry. Peak gold was reached in 2019 and output continues to lag. Last year the amount mined fell 6.5% and this year it’s predicted to fall 3%. Where I live that means a 9.5% decline over two years. On top of this, the reserves of the major gold mining companies are depleting, and there is a dearth of new discoveries to replace them. Any junior gold company with a decent-sized, scalable deposit will surely be the belle of the ball as far as attracting potential acquirers or joint-venture partners...

Apr 26 Gold Stocks: Let's Book Some Profits Morris Hubbartt
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers. Double-click to enlarge the charts. SGS Key Charts, Signals, & Video Analysis; SG60 Key Charts, Signals, & Video Analysis; SGT Key Charts, Signals, & Video Analysis; SGJ Key Charts, Signals, & Video Analysis...