Economist’s “News and Views” Tuesday 3-12-2024
Andy Schectman: Banks Increase Gold, Silver Shorts Over Recent Rally
Arcadia Economics: 3-12-2024
While gold and silver prices have rallied over the past week and a half, and have left some investors wondering if we’re in the beginning of a break-out, the latest COT report shows that the banks were once again shorting the metals as the price rose.
Which would typically suggest that a correction might be in our future. We’ve seen a little bit of that today following this morning’s slightly higher than expected CPI report.
And Andy Schectman of Miles Franklin checks in to share what he’s seeing, and whether the rally is likely to continue.
https://www.youtube.com/watch?v=YX9pyYkGOZE
THE DOLLAR/CURRENCIES ARE BEING DESTROYED FASTER! AND THE WORLD ECONOMY.
Greg Mannarino: 3-12-2024
https://www.youtube.com/watch?v=nuI9N16bgKo
Bitcoin is Compromised and Lost Its Way; Gold and Silver are the Only Sound Money – Ted Butler
Daniela Cambone: 3-12-2024
Join Daniela Cambone at PDAC for a riveting discussion with Ted Butler of The Morgan Report. Butler contends that Blackrock’s Bitcoin ETFs compromise the essence of Bitcoin, citing its fixed supply versus the derivative nature of ETFs.
He emphasizes the enduring value of gold and silver as sound money, contrasting them with Bitcoin’s speculative nature.
Butler also warns of China’s economic woes and their potential impact on the U.S. economy. Tune in for insightful analysis and valuable perspectives on finance and global economics.
CHAPTERS:
00:00 Ted’s background
2:10 What drew Ted to gold/silver?
3:14 Bitcoin is compromised
4:09 Bitcoin investment
4:31 Gold/silver
5:32 BRICS/China
6:42 PDAC takeaway
7:22 CBDCs
