Where did all the gold go? Financial radicalization, shortages and outages, plus look at what just hit the highest level since 1974!
Where Did All That Gold Go?
October 12 (King World News) – Alasdair Macleod: “Interesting to see that gold and silver appear to be disappearing from the LBMA’s vaults. Allowing for a slight increase at the Bank of England nearly 20 tonnes of gold have gone. Where, one wonders?”
Expect Soaring Gold Prices
Fred Hickey: “Ill-advised economic policies in 1960s into ‘70s (guns and butter overspending, “Great Society” entitlements) + oil price spikes led to stagflation and soaring gold prices. Today, conditions similar, leading to stagflation and eventually, soaring gold prices (once investors wake up).”
Financial Radicalization, Shortages And Outages
Simon Mikhailovich: Inventory disruptions and multi-platform outages are logical outcomes of radical financialization, whereby redundancies are seen as drags on immediate profits, rather than essential costs of overcoming unavoidable contingencies…
Billionaire Eric Sprott bought a 20% stake in a mining company
to find out which one click here or on the image below
Seeds Of Hyperinflation
Simon Mikhailovich: The Russian hyperinflation of the ’90s was 20 yrs in the making – as economy stagnated and shortages built during ’70s-’80s, price controls kept “inflation” at 0 but once controls failed…The Fed is on a similar path with 20 yrs of rates’ control. Once these controls fail…timber.
The point is not about hyperinflation but the inevitable “great repricing” that follows all long-term price manipulations. It can be inflationary or deflationary. The Soviets’ price controls inflated Ruble’s value while the Fed’s have inflated financial asset values.
Gold & Silver Mining Stocks Oversold & Undervalued
Otavio Costa: Gold and silver miners are almost as oversold as they were at the lows of the Pandemic crash and mid-2018. One key difference however: Today these companies are also true cash-flow machines with incredibly strong balance sheets.
Oversold Mining Stocks Preparing To Hit New Highs
Albert Edwards: We should worry more about a global recession? While we obsess about surging global energy prices crimping consumer spending power, has anyone noticed the explosion in fertilizer costs that will soon feed into already rampant food price inflation? Yikes!
More Transitory Inflation As Fertilizer Prices Skyrocket!
More Transitory Inflation
Holger Zschaepitz: Good Morning from Germany where inflation pressures keep rising. Germany’s wholesale prices jump 13.2% year-over-year in Sep vs +12.3% in Aug. This was highest monthly annual rate of change since June 1974 after 1st oil crisis. From Aug2021 to Sep2021 wholesale prices rose by 0.8% month over month.
German Wholesale Prices Soar 13.2%!
Highest Level Since 1974 Oil Crisis!
***ALSO JUST RELEASED: Central Banks Comment As Gasoline Prices Hit Highest In 7 Years, And Interest Rates Rising But What Will Happen When Stock Markets Collapse? CLICK HERE.
***ALSO JUST RELEASED: Piepenburg: Propaganda And Outright Lies As Our Economic Rome Burns CLICK HERE.
***To listen to why the gold and silver bull markets are about to reassert themselves as well as why you should expect to continue to see massive inflation in the coming years CLICK HERE OR ON THE IMAGE BELOW.
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