Stone, what’s your thoughts on Junior minors? They have been in a waste land fit a decade. When flows enter that space there has been explosive up moves in the past.
Dean
What happened to gold and silver?
I haven’t been following this sector for a long time now. High WACCs and suppressed metals prices are a one-two punch. That doesn’t mean there’s no opportunity, it’s just more difficult.
As the years go by and the acceptance of cryptos flourishes, people are forgetting about the PMs. It really happened; the world has been abandoning gold and silver as speculation in BTC increases.
Bitcoin is lab-grown gold
Nothing’s by chance; and now Trump talks about building a national BTC reserve. All the Feds need to do is confiscate BTC holdings from those whom it deems to be seditious.
Why doesn’t Trump talk about gold? Why is Putin talking up BTC and not gold as a replacement to the dollar?
Who do you think owns all this Bitcoin? I guarantee you Elon Musk is shilling his own book and owns thousands of them. I guarantee the private Central bankers own huge chunks. Don’t be stupid like the rest of the human population. There’s no freedom with Bitcoin, only slavery.
What happened to diamonds and gemstones?
I even look at the market for diamonds and how lab grown diamonds have decimated that industry. In the next decade or so, lab grown diamonds will completely replace the entire sector and one carat diamonds will be common in costume jewelry.
As beautiful as diamonds are, their prices continue to plummet. And because of this, interest in diamonds is falling hard. Just ask De Beers what it thinks about the diamond market outlook. Its parent, Anglo American, is trying to spin off De Beers like a useless appendage, but De Beers’ prospects are as rosy as a junior PM miner.
The technology has advanced to the point that scientists can easily create many types of beautiful lab grown gemstones of pristine quality for a fraction of the cost of natural ones. Close up the mines as the younger folks demand environmentally friendly jewelry!
Yes, technology has even replaced gold.
So what if gold and silver are wonderful for electronics?
The world is increasingly forgetting about gold as gold’s barometer of financial decay has been permanently severed.
Silver is just a glorified industrial metal and people under 45 have forgotten the importance of gold and silver’s intrinsic Godly values. It’s over. Stick a fork in it. The world walks in a death spiral.
Thomas out…. Using a pseudonym in place of my real name is a drag. This is what happens when a guy like me marries a Millie Montag.
Revival of Soviet Union ‘inevitable’ and may happen this year, says Jewish Russia Duma Deputy Wasserman
https://fitzinfo.net/forum/topic/revival-of-the-soviet-union-inevitable-says-jewish-russia-duma-deputy-wasserman/
It makes Sense.. Russia has a need and many of these former Soviet states are probably willing to reintegrate their economics. Many of these former Soviet states, especially in Central Asia are in a sort of suspended animation and are becoming dependent on loan sharking China for anything like with help to infrastructure. There would be something for these states to gain and Russia has already isolated itself again like during the Soviet days.
The Soviet Union never ended in actuality. Between the Eurasian Economic Union (EAEU), BRICS, the Shanghai Co-operation Organization, etc., Russia and China have maintained control over the “ex” Eastern Bloc states.
I see that Soviet asset Trudeau has finally resigned after speculation for months. It must be such a blow to his massive, narcissistic ego.
Excellent. His time has come and gone. Look for cad to rally, especially if conservatives take control.
CAD trade alert! Already rallying
Germany Inc. Seen Defying Downturn With Earnings Growth in 2025
(Bloomberg) — A looming election, unemployment edging higher and an automotive industry in crisis may not seem like a recipe for German corporate success this year, but a look at earnings projections tells a different story.
The companies that make up the DAX Index are expected to deliver earnings per share growth of more than 10% in 2025, the highest among European peers, data compiled by Bloomberg Intelligence show. The 40-member gauge, which includes carmakers BMW AG, Mercedes-Benz Group AG and Volkswagen AG, is the only European benchmark seen delivering a double-digit increase, more than the 7.1% average anticipated for the broader Stoxx Europe 600 and ahead of the 8.8% expected for France’s CAC 40.
Some caveats apply, according to BI equity strategists Kaidi Meng and Laurent Douillet. Much of the growth will depend on a rebound in economically sensitive cyclical sectors, and — crucially — Germany’s beleaguered auto industry, which may not materialize until the second half, said Douillet.
“That’s not guaranteed,” they said, pointing to risks including their high exposure to China, a snap election in February that could alter the domestic political landscape, and the advent of potential US tariffs under Donald Trump, who’s set to be inaugurated as president on Jan. 20.
Auto companies will probably deploy some “kitchen sinking in 2024 accounts, which will make the earnings comparison base easier for this year,” said Douillet, who predicts lender Deutsche Bank AG, engineering giant Siemens AG, software maker SAP SE, sports gear maker Adidas AG and luxury carmaker Porsche AG will likely deliver the lion’s share of the growth. Many uncertainties remain, he said.
“Longer term, Germany’s GDP faces the risk of another year of contraction, so clarity of government leadership and a commitment to fiscal expansion will be critical to reviving the slowing economy and the DAX’s valuation.”
The Feb. 23 election may usher in a new government after Chancellor Olaf Scholz pulled the plug in November on a three-way coalition led by his Social Democrats. The conservative CDU-CSU bloc leads polling with almost 33% voter support, according to the latest Bloomberg tally. The far-right Alternative for Germany party, or AfD, is in second place with 18%, with the Social Democrats trailing third on 16%.
Politicians have so far failed to come up with answers to reviving Germany’s faltering economy, which the Bundesbank predicts will barely grow in 2025 after shrinking last year, according to its latest forecasts.
A wild card is if the elections “offer some potential for the relaxation of the debt rule,” said JP Morgan analyst Sophie Warrick in a Dec. 12 note, referring to Germany’s self-imposed borrowing limit, dubbed the “debt brake.”
A higher-spending, pro-growth policy government in Berlin would be a positive surprise, said analysts at Barclays in a Dec. 4 note.
Hopes that struggling sectors might rebound after a difficult 2024 mirror similar expectations playing out across the broader European equities market, which still lags the US. While the Euro Stoxx 50 Index could show earnings growth of 7.5%, after a 4% decline last year, that would require a recovery in cyclical sectors like consumer discretionary, energy and technology and continued growth in industrials and financials, BI’s Meng and Douillet said.
“In terms of economic growth, Europe – and particularly its Franco-German heart – is currently and will remain in 2025 the weakest link,” Oddo BHF strategists led by Thomas Zlowodzki wrote in a Dec. 10 note.
Some analysts have begun to dial down their European earnings growth expectations for 2025.
“We believe that Eurozone equities will continue to struggle, both in absolute and relative terms, for a while longer,” said JP Morgan’s Warrick. “On the positive side, valuations and positioning are already depressed, and this could usher in some rebound once tariff risks, earnings risks and geopolitical risks are digested.”
Just a comment /observation and questions for Thomas:
Timing is important with PM and PM stocks.
Silver has a run up from mid November to late February. Silver STOCKS usually run from late December to late February. Gold runs from late July to early October. Gold STOCKS usually run from the same time frame. (EZEKIEL 7:19)
Question: 1) Why are the technical chart analysts, commentators, talking heads all dissing cryptocurrencies, saying the big run is over? Are they trying to talk them down to take positions?
2) I read that Trump and the Feds want to back half of all the treasury notes and the national debt to Bitcoin; then pull the rug from under Bitcoin and cancel the debt. If true, how will that work?
Thanks Thomas.
Stone, congrats on the Burning Platform post!
I see gemstones as a very poor investment. I would not spend large sums of money on any gemstone as natural gemstones can be replaced by lab grown gemstones that are much easier and cost effective to produce. I see the market being flooded with lab grown gemstones which will drive down prices. Diamond prices are a perfect example of this as Debeers is struggling harder to maintain prices.
Gold and silver cannot be lab grown, however as Stone mentioned , cryptos like bitcoin are being pushed as a competitive substitute. This will put a damper on gold and silver prices.
One problem I see with crypto is when the electric and internet grid go down and your crypto will be wiped out.
A major problem with all the above discussed assets is that none of them produce income.
Nailed it IMO. When I was flying over Libya in 2011 droppng bombs by proxy (long explanation) I recall at one point wondering “what exactly are we doing here?” It is when I first went down the so called rabbit hole, or rather when I finally clued in that the world is not what we think it is as presented by the propaganda media. Moammar Quadaffi was a dictator but at least he was a stable dictator. Removing him accomplished what? Well, one theory I read is that MQ wanted to create a gold backed African currency. The war kings of the BIS, US Fed, and ECB could not tolerate this so in went NATO to fight for our new found friends the Libyan rebels. How is that working out? Have a read on yet another failed Arab state.
What did MQ have LOTS of? Gold. Where did all that gold go? This site lists them as having 146 tonnes still. How much was there before? Hard to know.
I really like the term ‘lab grown gold” for crypto but as Andrei says, what happens when the grid fails (like in Cuba right now). What then? IMO, good old (physical)gold still obeys the rules of money better than anything. Yes crypto is on a tear. Is it a new electronic South Sea bubble? I don’t know. Much as it is a slight burden to store, I prefer physical gold and silver for “that day” when things really get interesting. I too am also getting to know local farmers etc for the coming really hard times.
Here is a list of estimates of gold held by countries. Interestingly, Russian data is listed as “Awaiting”. I recall reading somewhere else a while back that the Russians had accumulated significant reserves.
I also see that the idiot in the seat of leader of Canada (he is not a real leader IMO) has allowed the Canadian reserves to go to zero.. Interestingly the Norwegian gold reserves are also zero. Their sovereign wealth fund is about 1 trillion (in the black) but this is not reflected in this table under the FX reserves column. Of course that 1 trillion reserves is in paper money (or even mere electrons) so maybe they are screwing themselves. If all fiat currencies inflate skyward and become all worthless then their paper/electronic reserves get inflated away to uselessness. More study required at my end. I am still keeping physical gold since it has been a standard store of wealth for 3000 or so years now and has outlasted tally sticks (King James) beads (savages of America and Africa), seashells (savages of Oceania), cuniform tablets (Mesopotamia) and so on.
I’m happy to listen to counter arguments against physical gold and silver. The learning never stops.
ps Keep writing Stone. I pass your website on to others with the brains and the eyes to see how evil and corrupt is this present system. You are not out of subscribers yet.
Cheers.
Forgot the site. Here it is.
https://www.gold.org/goldhub/data/gold-reserves-by-country
That’s an interesting comment about flying over Libya via proxy, etc. I also find it interesting that NATO/USA/Israel working on behalf of fake Israel has also taken out or destabilized Iraq, Sudan, Somalia,Lebanon, and now Syria. Looks like Iran is next. That would be seven nations. Remember there are seven heads and ten horns that emerge.
Random thoughts….
I could never imagine having children with a woman from another race. What a self-loathing concept to have a child that doesn’t even look like me.
That’s part of the adultery of Levitical law, and why the synagogue of Satan promotes it so heavily.
Its another attack on Israel tribes, white people. Remember the movie, Guess How’s Coming to Dinner back in the 60’s? Sidney Poitier was used in several movies to push the white, black scenario.
Now its people from India that are becoming a thorn in the side!
Indeed. The children are cursed, which curses the parents. Don’t blame me, blame the parents for cursing the kids. They certainly won’t be growing up with the desire to want to know father Yahweh and his plan of redemption for his people. To be politically correct, of this world, and not have the desire to know this is the ultimate curse.
There’s nothing worse than breeding children to become lifelong Democrats and lovers of the homosexual, obama, and his husband wife Michael Michelle
Having more children at this point has been a major spiritual dilemna for me, constantly on my mind. We are a young faith filled Israelite family that could still be growing our family, which is what we want and what I think is pleasing to God, but obviously the things we discuss on this podcast give me pause. I’m stuck on discerning which is the sin. Having more innocent children head on into what seems to be end times and certain suffering and possible, maybe even probable death or withholding children because of fear of these times. Any others have thoughts on this?
Have children. Raise them to the best of your ability and teach them well. I have a grand child and I want more, I have a lot to give and teach them, Regardless of the grotesquery and abusive deceptions we here recognize being unleashed on humanity, we need to carry on and make our way as the true remnant.
I have to agree, though I totally understand your dilemma. Having the knowledge and discernment we have is priceless. I used to take it for granted that most others knew what we knew, but they do not. I submit that when we are presented with problems we will make the proper decisions and not send our family to their demise.
If you have children then keep them away from the public school system. Public schools are havens of brainwashing kids into the communist and homosexual/transexual agenda. It is best to homeschool them in order to keep them under your parental control.
Private schools today are mostly left leaning and pro trans.
In addition, make sure you are psychologically and financially ready to raise children. Too many parents today have children on a whim without being financially nor psychologically capable of caring for them.
The decision to have or not have children is not a sin. Having children and not providing in ever aspect required is the problem. It is a monumental challenge to raise children in this age as you already know, and it’s not getting any better. Obviously, a Biblical worldview is key, and this age will fight you ever inch of the way. You may very likely face serious challenges from a financial point of view also. CBDC leading to the mark will be an issue for anyone relying on a pay check, and so on. Finally, don’t make any decisions based on fear.
It is the lawless, breeding the lawless! Sons and daughters of perdition.
Amen. Kids raised to be Obama loving liberals are cursed.
Many white girls have been brainwased to want that little black baby. Race mixing has been promoted in all the magazines, television shows and commercials. And it’s usually black on white.
But the harsh reality for most of these white females is black unemployed thug types for baby daddies, not the NBA wealthy black dudes on television, life long singleness, door shutting by their own race, prostitution mostly with older white men to help pay bills or provide shopping cash(the ones that are pretty enough to sell the goods, but men run for the door after the 10 minutes is up.) SNAP HUD housing, welfare benefits are substantial in many County areas. Access to section 8 vouchers to pay the rent and get free food every week, beats having to work a job and come home to a husband in their minds. What would happend if these benefits were stopped. And that’s exactly why the money masters keep welfare system going. However enough damage has been done, White people are now becoming minority. Shut down the welfare system and punish these people even more. Incarceration is there for the mop up.
Oddly I don’t see many white girls getting prego with Asian or Indian guys who usually have great paying careers. Only a small percent with Latinos. Then there is the old comical cliche of large overweight white women, who always end up with a mixed kid. If these white women were surrounded by alot of white men, then better the odds of white babies. But the females are usually spread out in the city and live in homes that their single mother’s own or rent. Drugs, booze, etc play a role.
All by design, not hard to look back in time and see how it was planned out.
Yes, indeed. It’s terrible in Northern Virginia. I can’t even tell from whence many of these mongrels came. What heritage do they have, other than what the movies and media portray? They have no heritage, especially a common one, and that’s the whole point.
With GDP growth estimates falling, why aren’t bond yields dropping, too? Hmm…..
Question, why are central banks supposedly buying gold as part of their reserves?
Good question Steve.
I agree to a great extent with Thomas….PM’s and gems are to loose their extrinsic value. The Central Banks want to “confiscate ” gold as to remove any currency, as a means of exchange, that would be used by the proletariat. CBDC’s, government tokens and cryptos will soon be the mediums of exchange: all controlled by governments. This all predicates the coming mark of the Anti-Christ. In the coming tribulation you will not be able to buy or sell without becoming a slave to the Anti-Christ.