from Kerry Lutz's Financial Survival Network
In this engaging discussion, Kerry hosts Craig Hemke to delve into the dynamics of the precious metals market. Hemke kicks off the conversation by analyzing the recent breakout in the market, just as the Federal Reserve began to cut interest rates. He outlines the various factors currently influencing the market’s performance and discusses the potential for a significant surge in precious metals as the economy shows signs of downturn. They explore the challenges of using chart analysis in this uncharted market territory, including the strategic efforts by banks to manipulate market perceptions with a projected double top in pricing, particularly as precious metals reach all-time highs. The dialogue also covers broader economic indicators and monetary policies that could impact the gold market. Both speakers express caution about the current exuberance in the sector, pointing to exploding debt levels and a weakening banking sector as potential risks that could affect both the economy and gold prices. Additionally, the historical role of gold as a stabilizer in monetary systems is discussed, along with the cyclical nature of wars, economic bubbles, and inflation. The conversation concludes with a prompt to visit tfmetalsreport.com for more insights from Craig Hemke.
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So where does this leave us? We’re on our own. 
Well, it’s that time of the month again. Yes, I am talking about when the BLS, who really but the BS in everything they do, put out their laughably fake inflation numbers.
Gold, silver and platinum prices have been on a tear so far this year, and strategists say the precious metals could continue to hit fresh record highs over the coming months.
COMMENT: It is baffling why you are not on the front page of the WSJ, Barons, London FT, NY Times, and every financial newspaper claiming to be interested in markets. In the ’80s, when the Dow was 1,000, you forecast it would reach 6,000 by 1996. On the day of the 1987 low, you said the market would make new highs by 1989. You forecast the Nikkei high at 40,000 for 1980. Even after the 2007-2009 crash, you said the low would hold, and we would see new highs. In at least 2013, you said the Dow would test 40,000. You have correctly forecasted every crash and every high, yet the pretend main financial press will never report the truth.
Gold steals most of the headlines, but silver has stealthily set itself up for a potential run to $40.
Only 18% of credit-card holders maxed out their cards, less than before the pandemic, but fell behind at a higher rate.
Those who have declared residency in another state cannot spend even a minute beyond the allowed time in either high tax New York or California. And, Big Brother is watching. George Orwell could not conjure up a more diabolical tale than the Bloomberg story penned by Laura Nahmias and Eliyahu Kamisher.
Wall Street expects an “immaculate acceleration.”
President Joe Biden’s campaign demanded a ban on audiences during the proposed presidential debates with former President Donald Trump.
President Joe Biden describes the Drug Enforcement Administration’s proposal to reclassify marijuana under federal law as “monumental.” How so? “It’s an important move toward reversing longstanding inequities,” Biden claims in a video posted on Thursday. “Today’s announcement builds on the work we’ve already done to pardon a record number of federal offenses for simple possession of marijuana, and it adds to the action we’ve taken to lift barriers to housing, employment, small business loans, and so much more for tens of thousands of Americans.”
California should have known better than to compel a transition to electric vehicles while encouraging rampant drug use and crime, because everyone knows that copper wire is a go-to for addicts and thieves.
Yesterday we got slightly lower than expected CPI data and much worse than expected retail sales numbers which—if adjusted for inflation—were all negative, signaling recession is already under way.
Today the man connected in China at the highest levels communicated to King World News that the price of gold is heading to $3,000. Even if it is a volatile journey, there is no question that the price of gold is headed significantly higher.
Republican Texas Governor Greg Abbott has issued a full pardon of U.S. Army Sergeant Daniel Perry after he was sentenced to 25 years in prison last year for shooting and killing an armed BLM activist in downtown, Austin, Texas.
The entire the financial press has zero understanding of basic economics. The financial “journalists” just print press releases.