In a recent episode of the Money Metals podcast, host Mike Maharrey interviewed Ed Steer, a seasoned analyst with nearly 30 years of experience in the gold and silver markets. Steer, the publisher of the Gold and Silver Digest and a member of the Gold Antitrust Action Committee, shared his expert insights on the current dynamics in precious metals, particularly focusing on market manipulations, supply-demand fundamentals, and future price projections.

Ed Steer on Money Metals Podcast: Insights on Gold, Silver, and Market Dynamics

The silver market experienced a significant plunge that extended beyond the $30.50 mark, hitting a low at $30.06. However, signs of recovery emerged shortly afterwards, hinting at a possible return to an upward trend that could see prices soar to $31.50-32.00. The rebound has eased the previous oversold conditions, sparking...

Silver market shows recovery signs after plunge

CBS News

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  Those who thought gold prices peaked after a slower start to the summer were pleasantly surprised last week when the precious metal surged to its latest record high, hitting $2,472.76 per ounce on July 17. That comes after the yellow metal had broken numerous price records so far in 2024 — and after it started at just $2,063.73 per ounce on January 1. That's an almost 20% increase in just over six months.Against this unique price backdrop, then, both...

Gold prices keep rising. Here's how to take advantage now.

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  Gold investing has been top of mind for many investors over the last few years. After all, when inflation and other economic issues are looming, investors tend to turn to safe-haven assets like gold to protect their wealth and mitigate losses from more volatile assets. But the unique benefits that gold offers in uncertain economic climates haven't been the only draw recently.Gold prices have soared since the start of 2024. The first milestone occurred in March when prices touched $2,160...

Gold prices remain elevated. Should you invest in 1-ounce gold bars now?

California State

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The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

New York Post

There may be trouble looming on the horizon for the U.S. stock market, according to BCA Research.

In a note to clients last week, BCA Research chief global strategist Peter Berezin warned that, contrary to popular belief, the economy will fall into a recession either this year or in early 2025. 

Should that happen, the S&P 500 could tumble to 3,750, which marks a 30% drop from current levels.

Stock market could drop 5% or more before end of 2024: Wall Street analyst warns

Berezin’s prediction hinges on the belief that the labor market will slow notably in coming months, which will weigh heavily on consumer spending...

US headed for a deep recession in near future as stocks could fall 30%, analyst warns

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Gold has long been considered a store of wealth, and the gold price often makes its biggest gains during turbulent times as investors look for cover in this safe-haven asset. The 21st century has so far been heavily marked by episodes of economic and sociopolitical upheaval. Uncertainty has pushed the precious metal to record highs as market participants seek its perceived security. And each time the gold price rises, there are calls for even higher record-breaking levels.

What Was the Highest Price for Gold? (Updated 2024)

Investing.com-- Gold prices moved little in Asian trade on Tuesday, hovering around 11-day lows as traders sought more clarity on U.S. politics and monetary policy, especially ahead of a Federal Reserve meeting next week. Among industrial metals, copper prices fell on Tuesday, extending steep losses in recent sessions amid growing...

Gold prices struggle around $2,400; Copper battered by China woes

Kiplinger

These portfolio diversifiers are in a long-term uptrend and show why you should invest in commodities

Why You Should Invest in Commodities

Gold prices rose nearly 1% on Wednesday on a softer US dollar, with investors shifting focus to economic data due this week for fresh signals on the timing of the Federal Reserve’s rate cuts. Spot gold was up 0.9% at $2,430.66 per ounce as of 11:00 a.m. ET, extending...

Gold price rises on softer dollar as market awaits more US data

Some analysts believe XRP’s recent revival is just the start of a massive bull run. The cryptocurrency market rebounded with XRP’s price spiking 13% to over $0.44. Analysts predict future gains, with targets set at $17 and $9.50. XRP’s daily transactions surpassed 2.3 million, indicating rising adoption and...

Massive Ripple (XRP) Price Prediction, is it Too Optimistic?

Mining giant Vale SA has announced the appointment of Mark…. Mining giant Vale SA has announced the appointment of Mark Cutifani as the new leader of its base metals division. Cutifani brings extensive industry experience to his new role, and his appointment is effective immediately. This strategic move is part of Vale’s efforts to solidify its presence in the global base metals market, specifically focusing on nickel and copper production.

Former Barrick Gold CFO Shaun Usmar to Lead Vale’s Base Metals Unit

Reuters

(Reuters) - Newmont Corp and Barrick Gold Corp, the top two gold miners of the world, are expected to post higher quarterly profits, powered by a rally in the precious metal's prices.

Gold rally to boost profits for miners Newmont, Barrick

Florian Grummes, Managing Director of Midas Touch Consulting, predicts that gold prices will increase as a collapse of the monetary system pushes up hard assets. Grummes expects Gold to climb to all new heights!. *********

GOLD Prices Set to SOAR! Shocking Analysis Revealed | Florian Grummes

West Virginia State

Norfolk, VA

Four Virginians were confirmed to be onboard when the Titanic sank on April 14, 1912. Phillip Acts and Selini Decker, who lived a few blocks apart in Norfolk, died when the ship sank. Richmond native Robert Decker and Eloise Smith, who later moved to Richmond from West Virginia, survived.

There's a reason no remains from the Virginia Titanic victims will ever be found

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Why is the price of gold rising if the global economy is not in recession and inflation is allegedly under control? This is a question often heard in investment circles, and I will try to answer it. We must begin by clarifying the question. It is true that inflation is...

Central Banks Purchase Gold to Offset Their Own Money Destruction

Minnesota State

DayTripper

The hit History Channel series "American Pickers" is gearing up for an exciting return to Minnesota this fall. The show's production team has announced plans to film episodes throughout the state in September 2024, offering locals a chance to showcase their unique collections and share their stories with a national audience.

"American Pickers" Set to Unearth Minnesota's Hidden Treasures

NewsBreak

Gold’s Potential Game Changer Approaching

Gold’s breakout failed and fell back into the previous consolidation zone at $2300 to $2400/oz. Silver reversed hard and is threatening support at $29. Precious Metals...

Gold’s Potential Game Changer Approaching

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