Sprott Says We May Be Setting Up For A Silver Short Squeeze
On the heels of silver futures hitting $39.91 during Wednesday’s trading, Sprott says we may be setting up for a short squeeze in the silver market.
On the heels of silver futures hitting $39.91 during Wednesday’s trading, Sprott says we may be setting up for a short squeeze in the silver market.
Will the Babylonian bankers Beast system be implemented with stablecoin?
The elites are preparing to eliminate cash which means you better own physical gold and silver if you want any freedom outside of their trapped system.
Here are two absolutely shocking gold charts that illustrate why prices are headed far higher long-term.
Silver is now breaking out of a 45-year bullish pattern that projects new all-time highs, and this is creating a problem for the heavy short positions in the silver market.
Today the price of silver futures surged aggressively back above $39 near the recent high leaving shorts running for cover.
Investors around the world need to buckle up because we are now entering the endgame for fiat currencies.
Today Nomi Prins, who has given speeches to the World Bank, IMF and Federal Reserve, told King World News that the United States may once again begin stockpiling silver as a strategic reserve. This would have an enormous impact on the already thin physical silver market. Global silver production is only 819.7 million ounces a year, and the last time the US stockpiled silver it reached a jaw-dropping peak of 3.3 billion ounces. The question is where will all of that silver come from and how high will the price of silver have to go in that kind of market? Here is what Prins had to say.
It appears that silver swap dealer’s short positions are now at the largest level in history.
No jobs are safe from AI. Some may be better insulated but AI is coming for everyone.
Here is a look at gold, inflation and the Federal Reserve.
There is no question that the price of silver is headed to all-time highs. But there is more to the story.
There is no bubble in gold as silver miners are now coiled to explode higher.
This 1980 indicator says gold bull market has a long way to go.
Despite the recent volatility, big buyers of silver are getting closer to panic as supply remains extremely tight.
It appears central bank gold reserves are now at the highest level since the 1960s.
On the heels of the release of the Fed’s May 2025 Manual, some are asking is Trump going to revalue the price of gold?
Today Michael Oliver, the man who worked directly with the Chairman of the Comex during the wild 1970s bull market when the price of silver hit an all-time record of $50, and who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, told King World News in one of his greatest audio interviews ever that he predicts the price of silver will hit $160-$240.
The price of silver is closing in on $40 as gold surges another $43. What a way to end the week!
Wall Street and the world are increasingly alarmed by the US debt crisis. This has been yet another catalyst for the bull market in gold as global central banks continue to increase their gold hoards.
[Marketwired] – Banro Corporation is pleased to announce that the Company has been formally recognized for its social investment programs in the Democratic Republic of the Congo with the award of “Best Performer …
[PR Newswire] – Highlights: Deepest hole to date at Santoy Gap returned 43.28 (uncut) or 30.54 (cut) grams of gold per tonne over 1.15 metres true width at 675 metres below surface; Up-dip continuity at Santoy Gap confirmed …
[CNW Group] – Claude Provides Exploration Update and Initiates Deep Drill Program at the Santoy Mine Complex
[Marketwired] – Comstock Mining Inc. announced today a public offering of 10,169,492 shares of its common stock. The closing of the offering is expected to occur on October 20, 2015, subject to customary closing conditions.The …
[Marketwired] – Lake Shore Gold Corp. today announced that the Company plans to release its nine month and third quarter 2015 financial and operating results before the market opens on Thursday, October 29, 2015. The …
[Marketwired] – Alamos Gold Inc. today announced that Scott Perry has resigned from the Company’s Board of Directors following his appointment as Chief Executive Officer of another intermediate gold producer.
[PR Newswire] – Do you, or did you, own shares of Silver Wheaton Corp. (NYSE: SLW)? Did you lose money in your investment in Silver Wheaton Corp.? Rigrodsky & Long, P.A., including former Special Assistant United States Attorney, Timothy J. MacFall, announces that a complaint has been filed in the United States District Court for the Central District of California on behalf of all persons or entities that purchased the
[PR Newswire] – Do you, or did you, own shares of Silver Wheaton Corp. (NYSE: SLW)? Did you lose money in your investment in Silver Wheaton Corp.? Rigrodsky & Long, P.A., including former Special Assistant United States Attorney, Timothy J. MacFall, announces that a complaint has been filed in the United States District Court for the Central District of California on behalf of all persons or entities that purchased the
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[GlobeNewswire] – NEW YORK — The following statement is being issued by Levi & Korsinsky, LLP:
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AUSTIN, Texas (AP) — The regulatory agency overseeing Texas’ oil and gas industry has determined that a series of small earthquakes in North Texas likely wasn’t caused by drilling operations by an Exxon Mobil subsidiary.
SAO PAULO (AP) — Brazil’s federal prosecutor’s office filed formal corruption charges on Tuesday against the former head of Eletronuclear, the state-owned company that operates Brazil’s two nuclear power plants, for his suspected role in a bribery scandal.
The Florida Supreme Court heard arguments on Tuesday about the language of a proposed constitutional amendment that would let consumers buy electricity from independent solar power companies, rather than stay dependent on state-regulated utilities. Florida is one of a handful of states where homeowners and businesses are not permitted by law to buy electricity directly from anyone other than a utility. Attorneys for the utilities told the court the amendment
Oil major ConocoPhillips is laying off 400 employees and 100 contractors in Canada, a company spokesman said on Tuesday, with the majority of cuts coming in the Calgary office. ConocoPhillips spokesman Rob Evans said the 400 employees were about 15 percent of the company’s workforce in Canada and the cuts will take effect in mid-October.
By Megan Rowling BARCELONA (Thomson Reuters Foundation) – After oil prices hit a record high in July 2008, the tiny Pacific nation of the Marshall Islands was forced to declare an economic emergency since around 90 percent of its energy needs were met by imported petroleum products. The fuel price shock was a major incentive for the low-lying island country to reduce its reliance on diesel and other fossil fuels,
Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Chevron Corp., up 56 cents to $80.99 Oil stocks tracked the price of crude, which …
(Reuters) – A North Dakota oil well owned by Exxon Mobil subsidiary XTO Energy blew out on Saturday, leaking more than 550 barrels (23,100 gallons) of crude, some of which left the wellpad and seeped into surrounding grasses. The well, located in a rural area 25 miles southeast of Watford City, was being hydraulic fractured when its pressure control valves failed and it leaked the oil and about 110 barrels
CAPE TOWN (Reuters) – Chevron’s 110,000 barrel per day refinery in South Africa is operating normally after losing around 30 percent of its output due to a mechanical fault, the firm said on Monday. “We can confirm that the refinery is operating as per normal,” a spokeswoman said in a statement after the unplanned outage about two weeks ago affected the supply of petrol, diesel and liquefied petroleum gas.
Texas authorities have charged a man with killing a uniformed sheriff’s deputy at a Houston gas station Friday night. Law enforcement officials on Saturday arrested Shannon J. Miles, of Cypress, and charged him with capital murder in the fatal, “execution-style” shooting of Harris County deputy Darren H. Goforth, NBC News reports. Deputy Goforth was filling up his patrol car at a Houston Chevron gas station when the gunman approached from
WASHINGTON (AP) — The Environmental Protection Agency says it is going forward with a new federal rule to protect small streams, tributaries and wetlands, despite a court ruling that blocked the measure in 13 central and Western states.