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://youtube.com/watch?v=YX9pyYkGOZE%3Ffeature%3Doembed%26enablejsapi%3D1

THE DOLLAR/CURRENCIES ARE BEING DESTROYED FASTER! AND THE WORLD ECONOMY.

Greg Mannarino:  3-12-2024

https://youtube.com/watch?v=nuI9N16bgKo%3Ffeature%3Doembed%26enablejsapi%3D1

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