Gold recovers from lows even with Fed Governor Waller’s hawkish warning

Gold recovers from lows even with Fed Governor Waller's hawkish warning

Federal Reserve Governor Christopher Waller told a conference in Sydney, Australia today, "We're not softening…Quit paying attention to the pace and start paying attention to where the endpoint is going to be. Until we get inflation down, that endpoint is still a way out there."

Gold traded to a low of $1762 at approximately 8:13 PM EST. This morning’s decline was the result of both dollar strength and a warning by Christopher Waller that the Federal Reserve’s monetary policy was not wavering from its strong commitment to continue to use rate hikes to fight against persistent inflation. On Sunday speaking at a conference sponsored by UBS Waller said that although the central bank is looking at the possibility of a slower pace of raising interest rates, this consideration should not be interpreted as a softening in its fight for price stability.

As of 3:33 PM, EST gold futures basis most active December 2022 contract is trading up $6.60 or 0.37% and fixed at $1776. This is just a few dollars off today’s high of $1778.40. Today’s gains in gold futures are occurring concurrently with dollar strength which has made today’s moderate gains even more impressive. Today the dollar index has gained +0.42% and is currently fixed at 106.605. After trading to a low of 106.20 on Friday the dollar has had a fractional recovery from those lows.

The table below is a month-by-month table of CPI from October 2021 to October 2022 issued by the US Bureau of Labor Statistics. Last week’s CPI report revealed that inflation had a fractional decline moving from 8.2% in September to 7.7% year-over-year in October. Inflation has been elevated for an extended time considering that one year ago (Oct. 2021) headline inflation was over 6% and now in 2022 the CPI hasn’t declined but rather is higher than last Halloween when it felt like it might still be a trick. Now the public is aware that they were treated instead to a constantly climbing cost of living.

Although the aggressive rate hikes of the Federal Reserve have certainly had an impact on lowering inflation, a 1.4% decline taking the CPI to 7.7% is still at a level not seen before 2021 for over four decades. CPI at 7.7% is far away from the inflation target set by the Federal Reserve. The core CPI which excludes food and energy costs is just above 6% which is still triple the Fed’s inflation target of 2%.

This fact has been highly supportive of gold pricing and according to San Francisco Federal Reserve President Mary Daly, “It’s far from a victory”. Lorie Logan the Federal Reserve’s president of the Dallas central bank said that last week’s report is, “a welcome relief”, but will not alleviate the need for more rate increases possibly at a slower pace.

Currently, the probability of a 50-basis point rate hike at the December FOMC meeting continues to increase now at a probability of 85.4% which is a 5.2% increase from the probability recorded by the CME’s FedWatch tool on Friday.

By Gary Wagner

Contributing to

Time to Buy Gold and Silver


Tim Moseley

RCMP member sent on unpaid leave writes this powerful letter you must read

RCMP member sent on unpaid leave writes this powerful letter you must read


© Royal Canadian Mounted Police-National Division/Facebook

Hi everyone,

Since most members make a goodbye email before they leave, I figured I should as well, despite the "special" circumstances around my departure. Anyways, my time here in the RCMP is up. For now. The low T wannabe tyrants in Ottawa have decided that I can no longer serve as a police officer because I refuse to tell them if I have submitted to their "vaccine" edict. I've served in the RCMP for 21 years and one of the first things I said to any person I ever arrested was "you don't have to say anything to me." Unfortunately, our government has told me that I have to tell them what's in my body, and if the right drug is not inside me, I have to get it as condition of my continuing employment, human rights be damned. Why did I put vaccine in quotations above you ask? More on that later. Buckle up and tighten the straps on your government mandated shame muzzle, this goodbye email will likely ruffle some feathers.

My journey to this point of our dystopian, medical, apartheid state started like many of yours. Watching the television almost 2 years ago as reports started coming in of some strange virus out of Wuhan. I was a little concerned, but not much. You see, for the last 10 years of my life I had spent a lot of time as an amateur researcher of history and learned to my dismay that the official narrative of most events is usually a little suspect at best. Like weapons of mass destruction in Iraq, or the January 6th "insurrection" in D.C., the examples are sadly numerous.

I've also always been a very independent person. Following the herd has never appealed to me. When a belief is put forth to me I always evaluate it for myself and don't simply accept it's veracity based on the authority behind it. For example, during the last Federal Government census, I could not help but notice that the gender section had 3 boxes. Male, Female and other, which was a blank box. For real, the Federal Government of Canada allowed you to make up your own gender on the last official census. I found this to be a combination of amusing and insane. Feeling particularly bull headed and cheeky at the time, I naturally chose Minotaur as my gender. Yes, that's right, on the Canadian government census my gender is that of a mythical giant man with the head of a bull.

So back to my Covid journey. I was skeptical of the pandemic from the start but decided to wait and see what evidence would surface of this dangerous pandemic. So I sat back and quietly observed. At that time, and still at the time I'm writing this, I was the admin NCO on the watch. I was in the unique position of seeing every file that came through PRIME in the 46 hour window I was at work each week. Naturally, this included all sudden death files. Pay attention now, have another sip of your latte if you have to. Since the pandemic began, until now, I was in a position to see every single sudden death file that came through our detachment area. What did I notice in this position? Nothing. No upwards trend whatsoever. Funny enough, I didn't see people dropping dead in my neighbourhood either.

This was a very stark contrast to what I saw in media. A non-stop chorus on TV, radio, and internet, of case counts, hospitalizations and deaths. At no time in my life had I seen anything like it. A complete disconnect between my observed reality and that which was portrayed by my government and the government subsidized mainstream media. And they were reporting deaths in care homes. Care homes? When did the media ever report deaths in care homes unless it was some sort of instance of gross negligence? It's called end of life care for a reason. People go to care homes at the end of their life. Death is the natural consequence, and this fact used to be understood as common sense.

When the statistics started showing that the vast majority of anyone dying from Covid, either had one or more co-morbidities, or was older than the average life expectancy, my skepticism of the pandemic narrative only grew. Then in the summer of 2020, I got Covid. For a few days I was really tired and shivered a lot. Then it was over. I survived the "deadly" disease like the vast majority of anyone else who caught it. To be honest, I've had worse plus, and worse hangovers.

At the end of 2020 I became convinced we were all being force fed a giant load of absolute bullshit. Don't believe me? Look at world population statistics. Here's a sample. At the end of 2018, the world population was 7,631,091,040 and that year 57,625,149 people died. This showed an overall death rate of .76%. I know some of you are shocked by this, but yes, 57 million people died of all types of causes in 2018. When you reach the end of your life, you die. At the end of 2019, the world population was 7,713,468,100 and 58,394,378 died. Naturally, because we had more people reaching the end of their lives, more people died. The death rate that year was .76%. Now let's see what 2020 brought us. The year of the pandemic. At the end of 2020, the world population was 7,794,798,739 and 59,230,795 died. The death rate was .76%. Yes. That's right. In the year of the deadly pandemic the world's population grew by 81,330,639 people and the death rate did not change by even a hundredth of a percent. The media never once pulled back the lens to show this, they continued to show the narrow focus of case counts and Covid deaths. Even going so far as to change causes of death so that someone who died "with" Covid in their system was counted as someone who died "of" Covid. The Western world shut down over a disease about as deadly as the common flu. And our rights were shut down along with it. Despite this disease having a non existent effect on the overall death rate of the world's population the call came out for a mass vaccination. Since I was already skeptical of the pandemic, I was naturally skeptical of the need for a "vaccine". Oh look, vaccine is in quotations again. Why am I doing that?

Because it's not a f^#king vaccine!!!

A vaccine is created when a virus from nature is made harmless in a lab and then cultivated there. The vaccine, created from the neutered virus, is then injected into a person. The body then reacts to the vaccine just like it would to the unaltered, dangerous virus. However, because the vaccine is a modified harmless version of the virus, it doesn't cause disease and the body's natural immunity is able to "learn" how to cope with the virus. This "learning" is lifelong and is why people develop an immunity to whatever they were inoculated against. People who have been vaccinated against Measles do not get Measles, and the same with mumps etc etc. None of the so called Covid "vaccines" meet this definition. If you were wondering why "vaccinated" people are still getting Covid, and spreading it, this is why. The fact that "vaccinated" people still get Covid and spread it should tell you that this madness will never end as long as you buy into the official narrative.

How these new Covid "vaccines" work is based on a brand new technology never used on a massive scale. Particularly in regards to the 2 "vaccines" most heavily promoted, Moderna and Pfizer. These drugs use artificial Mrna technology. Think of Mrna as the software of our bodies. The operating instructions. Pfizer and Moderna use artificial Mrna based on a computer algorithm. These instructions are encapsulated in something called a nano lipid. A nano lipid is a tiny envelope of fat. There are trillions of these nano lipids in the Pfizer and Moderna shots. Once injected they circulate through your body through your body's lymphatic system. Upon the nano lipids dissolving, your body receives new instructions for its immune system. These instructions tell your immune system to make spike proteins which resemble the spike proteins of the Covid virus. This is the key distinction you need to be aware of. Your body is being instructed to make the very pathogen that your immune system builds a defense against. This is completely uncharted territory and nothing like this has ever been done on the human population on such a large scale. The drug companies themselves have admitted they don't know the long term side effects. When a recent FOIA request was sent to the FDA in the US, requesting the safety data they had on the Pfizer vaccine, the FDA asked a judge for 75 years to comply with the request. Nothing sketchy there.

To make matters worse. Every single Western nation has passed legislation shielding these drug companies from civil liability, if their vaccines harm people. While this legislation was passed years ago, it still applies to the Covid "vaccines." You heard right. If the Moderna Covid "vaccine" harms you, you cannot sue Moderna. Same with every other drug company that makes any vaccine, Covid "vaccine" or not. They all have civil liability immunity for the vaccines they manufacture. Vaccine injury compensation has been paid out in the US under a tax funded program called the vaccine injury compensation fund, not as a remedy through civil lawsuits. Established in 1986, this fund has paid out $4.4 billion in claims. In Canada, we had no such vaccine injury fund until June of 2021. Hand on chin emoji goes here.

Make no mistake here. This is a large scale drug trial and whoever was jabbed is taking part. Having educated myself about these new drugs I was very skeptical when they started promoting them. Additionally, nearly all the drug companies making Covid "vaccines" have a very checkered history in quality control and ethics. J and J has payed 9 billion in settlements throughout it's lifetime and Pfizer has payed $4.6 billion. Not for their vaccines of course, for their other pharmaceuticals. Moderna was founded in 2010 and their Covid "vaccine" is the first product they have ever put on the market. Information has since come to light that the Moderna "vaccine" was finishing in development in December of 2019, immediately before the pandemic hit. It's almost like they were anticipating something. Do I dare put my hand on my chin and gaze thoughtfully upwards a second time?

As I was already skeptical about the entire pandemic narrative, I decided a long time ago that I was not going to take any of these "vaccines". So as I had decided to sit back and watch how the so called pandemic unfolded, I decided to observe the vaccination campaign. One of the first things I noticed is that people like me were completely ignored and never talked about. What do I mean by people by like me? I mean people who had Covid and recovered. Suddenly, natural immunity didn't exist anymore. Everyone had to get the vaccine regardless of whether they had natural immunity or not. Wait….. what? No one would ever suggest someone who had measles or polio should get vaccinated against those diseases. Why was natural immunity suddenly not talked about anymore? But if you knew where and how to look, it was talked about, and studied. The largest study was in Israel where the researchers concluded that natural immunity conveyed 27 times more protection than vaccination. Not double, not triple, 27 times! Fast Forward to recent times where an attorney in the US submitted a FOIA request, to the CDC, requesting records of any patient, who had a previous Covid infection, who was subsequently re-infected and then transmitted the Covid to another person. The CDC could not produce a single record of this ever happening. Yet for some bizarre reason, neither the government nor the media will ever talk about natural immunity and Covid together.

And now we are able to see much of the results of this mass vaccination campaign. And despite what you've been told, it's not good. Data from the UK is showing that vaccinated adults under 60 are dying at twice the rate of the unvaccinated. American VAERS data shows these Covid "vaccines" have caused more deaths than all other vaccines combined in the last 30 years. In Europe, FIFA data has revealed a 500% increase in cardiac events and sudden deaths in soccer players. Very recently, the American Heart Association released a study which demonstrated that Mrna "vaccines" dramatically increase markers related to heart conditions. A recent German study showed that the higher a jurisdictions' vaccination rate, the higher it's mortality rate. On November 11th of this year, a Doctor Nagase came forward to report a record 13 still born births, in a 24 hour period, at BC Children's hospital. They average 1 per month. During a very recent Ontario provincial parliament debate, MP Rick Nicholls confronted the health minister about a sharp rise in still births from vaccinated pregnant women in Ontario. All he got for his efforts was deflection. Despite this new evidence beginning to come light, there has been absolute silence in the media. Instead, they now want to vaccinate our children. Children are at a near zero risk from Covid. Vaccinating children with these experimental drugs, with unknown long term side effects, which are starting to show increasing adverse effects, is absolutely criminal.

Since I refuse to go along with this coerced "vaccination" campaign, I am being forced onto Leave without pay. Despite the fact that approximately 70% of the Federal workforce gets testing as an option, for some inexplicable reason, the RCMP, the CBSA and Federal Corrections have a mandatory vaccination order. I refuse to go along with this. This is nonsensical, illegal and unethical. I will continue to refuse and I have obtained legal representation, along with hundreds of other federal employees. We will get our day in court and we will win. Some may ask where our union stands on the issue. The answer is they didn't. Our union leadership immediately bent the knee and offered no resistance whatsoever. Despite these setbacks, those who are fighting this know we have the truth on our side. The truth, at the moment, may be mere pebbles rolling down a slope. This will inevitably become an avalanche. So in reality, this isn't a goodbye email, it's a "see you in 2022" email.

Before I go, let me say this. Don't be afraid. The government, and their mouthpieces in the mainstream media, have promoted a nonstop campaign of fear for almost 2 years now. Turn off your television and radios. Do your own research and question everything. Knowledge begins with asking questions. With each new variant they will try and frighten you, despite the fact that never in the history of virology has a virus ever mutated to become more deadly. Selective pressures always favour a more contagious, but less deadly mutation. The new "scariant" is Omicron. They don't tell you that they skipped Mu and Xi in the Greek alphabet. Why? Because Mu or Xi just don't sound scary. When you hear some brain dead parrot repeat the talking point "trust the science," politely ask them to provide a definition of science. They never can because they don't know. What they are really saying, but are too stupid to realize, is that they are saying "trust authority and don't ask questions." This, my friends, is the antithesis of science.

And get some sunshine. The latest German study, you know, actually science, showed an inverse relationship between vitamin d and Covid mortality rates. The study showed, given high enough vitamin d levels, a mortality rate of zero could be achieved. In addition, please don't let them inject this "vaccine" into your children. Why on earth would you allow an experimental drug to be injected into your children, from pharmaceutical companies that have a history of civil litigation settlements, where these same companies have blanket legal immunity from the vaccines they create, for a disease that your children are completely safe from? It's insanity. And the latest video where Trudeau explains he is excited to begin vaccinating children, looks completely psychotic and unhinged. Keep these lunatics away from your children. Your children are going to be just fine with their natural immunity.

I don't know how many people will get to read this. I suspect that once certain ranks are aware of this email it will be pulled from the server. That right there speaks volumes in itself. Silencing the last message of a 21 year veteran who was forced to leave simply because he didn't tell the government whether he had a drug in his body or not, doesn't portray a leadership of transparency or good faith. On the contrary, it demonstrates both cowardice and a complete betrayal of any professed principles. Before I go, if any of you believe in courage and freedom. You aren't alone. In fact, many members feel this way and they have created their own website: Another concerned group of freedom loving Canadians has created Check them out when you have time.

Anyways, I have taken up too much of your time as it is. Always laugh at those who would spread fear, and see you in 2022.

Corporal Richard Mehner, your "vaccine" free Minotaur
P.S. Chief Supt. De La Gogondiere,
I taped a copy of this letter on your office door, Martin Luther style. If you don't understand the historical reference I invite you to look it up.

Corporal Richard Mehner
Easton Spectator
Thu, 30 Dec 2021 00:00 UTC

Tim Moseley

Live Life On Your Own Terms

Live Life On Your Own Terms!


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Effective Techniques to Visualize Your Success

Effective Techniques to Visualize Your Success

Make Your Writing Shine

Everyone has lofty ambitions. Everyone aspires to success. You can imagine giving an acceptance speech at the Oscars or receiving the Nobel Prize. Maybe you aspire to be a pro athlete or a prosperous businessperson.

You may utilize the power of visualization to make your dreams of success come true, whether you want to win an Olympic gold or make your first million.

ecosystem for entrepreneurs

Imagine yourself triumphing

The will to succeed alone is insufficient. Your success must be able to be tasted. Imagine accepting the promotion, hearing congratulations from loved ones, and seeing your new business cards.

Put as much reality and detail into your success. How pleasant is it to feel?

Discover Your Trigger

Finding your own unique success trigger can be a very effective strategy to maintain your energy and drive. Whether it's receiving a scholarship, an Oscar, or starting your own business, list your major objectives. Make it a direct, succinct comment that is positive. For instance, "I'll be made Vice President of this company next year."

Every day, review your trigger statement. Make it your smartphone's lock screen or perhaps the background image on your PC. Jim Carrey famously signed himself a cheque for $10 million that was dated several years in the future when he was a young actor trying to break through. He received a $10 million offer for his Dumb and

Dumber role on that particular day.

When you see your trigger statement, think of that experience and how satisfying it will be to reach your objective.

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Establish A Vision Board

Making your dreams more tangible with vision boards. To paint a vision of the life you want, utilize images, images, affirmations, and quotes.

A vision board can be a diary, a whiteboard, a Pinterest board, or a poster. Keep your vision board where you can see it every day, and add to it as needed or if you come across a new image or quotation that really resonates with you.

Sustain Your Dream

By feeding your visualization with positive thoughts, you can increase its effectiveness. Don't reserve all your positive emotions for the future; instead, feed your dream with joyful memories. Consider instances when you felt successful, content, and happy in your life.

These inspiring images serve to remind your mind that you have already demonstrated your capacity for leading a happy, fulfilling life. Remind yourself that you can do it, that you have done it, and that you are doing it to keep negativity at bay.

Top Stocking Stuffers

Tim Moseley

Gold sharply up as USDX US bond yields plummet after cooler CPI

Gold sharply up as USDX, U.S. bond yields plummet after cooler CPI

Gold and silver prices are solidly higher in midday U.S. trading Thursday, with gold scoring a 2.5-month high and silver a 4.5-month high, following a U.S. inflation report that came in just a bit cooler than market expectations and in turn pushed the U.S. dollar index and U.S. Treasury yields sharply lower. December gold was last up $38.60 at $1,737.90 and December silver was up $0.323 at $21.66.

The U.S. consumer price index report for October came in up 7.7%, year-on-year, versus expectations for a rise of 7.9%, year-on-year, and compares to the 8.2% rise seen in the September report. This report may be the most important data point of the month, if not the quarter. A slightly cooler reading in the CPI print may influence the Federal Reserve"s decision-making process ahead of its December FOMC meeting. The Wall Street Journal is reporting the Fed is likely to raise its Fed funds rate by 0.5% in December, following a string of 0.75% increases at past FOMC meetings.

The U.S. stock indexes soared on the cooler CPI print, with Bitcoin also posting solid gains after the report. However, the crypto currency markets remain in turmoil late this week, with fears of a contagion effect and more illiquidity in the cryptos. Broker SP Angel this morning reports in an email dispatch: A proposed takeover of likely insolvent FTX crypto exchange by rival Binance is set to fail, sending Bitcoin down 26% this week and triggering concerns of wider market contagion. FTX exchange, whose founder Sam Bankman-Fried (likened to John Pierpont Morgan during the banking crisis of 1907), is looking for support for a reported $8 billion debt shortfall. The exchange"s insolvency has triggered a further step down in crypto market values, with the total crypto market cap standing at $914 billion, down from over $3 trillion in November 2021. JP Morgan are reporting crypto market participants are facing a "cascade" of margin calls, although it is unclear whether this will feed into wider equity markets.

 Gold and manipulation: The Ultimate Gold Panel with Frank Giustra & Rick Rule

The key outside markets today see the U.S. dollar index sharply down and hit a two-month low after the cooler CPI. Nymex crude oil prices are higher and trading around $87.25 a barrel. The 10-year U.S. Treasury note is yielding 3.852% and has fallen sharply in the wake of the cooler CPI report.

Technically, December gold futures prices hit a 2.5-month high today. The gold futures bulls and bears are back on a level overall near-term technical playing field. Bulls have momentum as a price downtrend on the daily bar chart has been negated. Prices this week have also seen a bullish upside breakout from a trading range, to suggest still more upside in the near term. Bulls" next upside price objective is to produce a close above solid resistance at $1,800.00. Bears' next near-term downside price objective is pushing futures prices below solid technical support at the November low of $1,618.30. First resistance is seen at today"s high of $1,757.20 and then at $1,775.00. First support is seen at $1,738.70 and then at $1,725.00. Wyckoff's Market Rating: 5.0.

December silver futures prices hit a 4.5-month high today. The silver bulls have the overall near-term technical advantage and have momentum. Prices are in a choppy nine-week-old uptrend on the daily bar chart. Silver bulls' next upside price objective is closing prices above solid technical resistance at $23.00. The next downside price objective for the bears is closing prices below solid support at $20.00. First resistance is seen at today"s high of $21.94 and then at $22.50. Next support is seen at $21.00 and then at this week"s low of $20.435. Wyckoff's Market Rating: 6.5.

December N.Y. copper closed up 720 points at 377.15 cents today. Prices closed nearer the session high and hit a four-month high today. The copper bulls have gained the overall near-term technical advantage. Prices are in a six-week-old uptrend on the daily bar chart. Copper bulls' next upside price objective is pushing and closing prices above solid technical resistance at 400.00 cents. The next downside price objective for the bears is closing prices below solid technical support at the October low of 330.30 cents. First resistance is seen at 380.00 cents and then at 390.00 cents. First support is seen at today"s low of 362.85 cents and then at this week"s low of 356.25 cents. Wyckoff's Market Rating: 6.0.

By Jim Wyckoff

For Kitco News

Time to Buy Gold and Silver

Tim Moseley

What Is Life Without A Little Risk

What Is Life Without A Little Risk


What is life without a little risk? The answer, of course, is that it’s dull and boring. As humans, we all want to feel as though we are living out our lives to the fullest. We want to push ourselves beyond our comfort zones and experience new things—and a big part of that is taking risks. But what does “risk” even mean? For most people, it means something like throwing caution to the wind and going for something crazy because you have nothing to lose. While this can be fun (and useful), it doesn’t necessarily make your life better overall—especially if you don’t learn from your mistakes! So what do I mean when I say “take risks in order to live more fully”? Let’s find out together!

Risk-taking is a part of the human experience.

The fact is, risk-taking is a part of the human experience. There are risks we’ve taken that have made our lives better and there are risks that have made them worse. But risking it all for something you believe in—that’s something worth celebrating.

What people call “risk” is actually comfort zone resistance.

Being comfortable is not necessarily a bad thing, but it’s not always good either. The problem with comfort zones is that we often spend years living in them without ever realizing that there’s another way to live.

There are two ways to disrupt your comfort zone: taking risks or expanding your comfort zone. If you take risks, you could fail miserably and lose everything, but if you expand your comfort zone, then at least there will always be something new to learn about yourself and others around you.

When people say that “success requires risk-taking” or “risk = potential for reward,” what they really mean is that success requires getting out of your head enough so that new ideas can come into it—ideas that otherwise would never have been considered before because they seemed too risky (i.e., uncomfortable).

The only real risk is sitting on the sidelines.

I’m glad you asked. The only real risk is sitting on the sidelines.

You could be living with regrets, while others are living with results. You will never know what could have happened if you don’t take the first step forward and try something new.

If you want to live life at its fullest and experience all that it has to offer, then why not start today? Don’t wait for someone else to do it for you or tell you what needs improving in your life; because at the end of the day—it’s all up to YOU!

It isn’t failure that defines you—it’s how you respond to it.

If you don’t take risks, you won’t grow as a person. You will never know what you are capable of unless you challenge yourself. Risk is simply an opportunity for growth and learning.

Failure is not failure at all, but merely an invitation to learn from your mistakes and do better next time. It’s also a sign that you are pushing yourself outside of your comfort zone—a surefire way to improve yourself as a person!

You don’t need to be an expert to try something new.

I’m sure you’ve heard this before, but just in case: You don’t need to be an expert to try something new. I know, it sounds obvious and it seems silly to say it out loud. But sometimes we get caught up in the idea of perfectionism and what other people will think of us if we fail at something, so that our desire to try new things becomes overshadowed by fear and doubt.

You might be wondering what risk-taking has to do with learning a language? Well, everything! When you learn a new language, there are many risks involved—but they are all worth taking because they lead to growth. Your ability and willingness (or lack thereof) to take risks is going to determine how quickly you learn any foreign language—and whether or not you enjoy the process.

Failure is a learning opportunity.

  • Failure is part of life. We cannot avoid failure, but we can learn from it.
  • Failure is a learning opportunity. By failing to achieve your goals you have the chance to improve yourself and try again until you succeed at something, or give up altogether (which isn’t always a bad thing).
  • Failure is not the end of the world! Some people will say “Failure isn’t an option!” but this kind of attitude creates an unhealthy environment that makes failure feel like a bigger deal than it should be. Instead, think about how every time you fail you learn more about yourself and your capabilities; this allows for eventual success because there will always be another chance!
  • Failure can be catalyzed into success by learning what went wrong during each failed attempt so that when success comes along next time around there won’t be anything holding back progress anymore.”

There are no guarantees in life, so take the chance anyway.

Life is full of uncertainty, so take the chance anyway.

Let’s say you have a goal that you want to achieve in your life. You know what it is and how much work it would take, but something stops you from going after it. Maybe it’s fear or doubt or simply not knowing where to start. But I can tell you one thing: if nothing changes, nothing changes! If there’s no movement toward the goal then the goal will never be reached—it’s as simple as that!

If we don’t move forward then we stay stagnant in our life situation (or get worse), which isn’t an option for anyone who wants to grow as a person or experience more joy in their lives. It takes courage and determination but these are two traits that often come with confidence and self-love which are essential ingredients for success towards any goal worth pursuing anyway!

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Risk gives you freedom, which can open up new opportunities and pathways in your life.

Risk-taking gives you freedom. It opens up new opportunities and pathways to you. The problem with risk-averse people is that they are cautious, stuck in their comfort zone and afraid of taking any risks at all. They may have a lot of money, but they don’t have much freedom because they don’t take any chances or do anything out of their ordinary routine.

A life without risk is not a very adventurous one! Don’t get me wrong; I’m not encouraging you to run out into traffic or jump off buildings just for funsies (unless you’re Spiderman). But if there’s something new or exciting that comes along in your life that has the potential for growth, challenge yourself by saying yes!

Learning to take risks will change your life for the better!

Risk-taking is a part of the human experience. It’s what life is all about, and the only way we can grow and evolve as individuals.

What people call “risk” is actually their comfort zone resistance. We know that taking risks is good for us, but sometimes we need a little push in the right direction to get us out of our own way and into action!

The only real risk is sitting on the sidelines while life passes you by. If you’re trying something new or meeting new people, there’s always someone who will tell you it’s not safe or smart or whatever other negative thing they think might happen if they were in your shoes. But ask yourself this: Would these same people jump in front of a bus to save somebody else’s life? Of course they would—because they know that taking those kinds of actions are what make all the difference between living an exciting life full of meaning and purposefulness versus being stuck in mediocrity forever more


We all have things we wish we could do, but don’t. Whether it’s starting a business, traveling to a new country, or simply trying something new, the world is full of opportunities for you to live your best life. But if you stay in your comfort zone forever, how will you ever know what could have been? Taking risks can be scary—but remember that it doesn’t always mean failure! If something doesn’t work out one way, try another approach until something clicks. And remember: anything worth doing takes time and patience.

How To Convert 35% More Visitors Into Subscribers

Tim Moseley

Gold price surges 50 should investors be selling into the rally?

Gold price surges $50, should investors be selling into the rally?

Gold prices surged nearly $50 on Friday as the latest U.S. jobs report clarified some of the Federal Reserve's mixed messages, and China signaled a possible easing of its Covid-Zero policy. But caution is still advised as all previous quick rallies have been used as selling opportunities.

Gold has had a spectacular start to November after reporting the longest streak of monthly losses in more than five decades.

The news-filled week led to confusion in the marketplace after the Fed raised rates by 75 basis points for the fourth time in a row.

On the dovish end of things, Powell said that the U.S. central bank is now paying close attention to "the cumulative tightening" and potential "lags" with which monetary policy affects inflation and economic activity.

But on the hawkish side, the Fed chair stressed that the "ultimate level" of rates will need to be higher than previously expected and added that the window for a soft landing has "narrowed."

Things looked up for gold on Friday morning when the October U.S. jobs report showed the unemployment rate rising to 3.7% despite the higher-than-expected job gains.

"This report shows that the labor market is cooling, and that is good news. Gold is surging as the dollar is having its worst day since March 2020," OANDA senior market analyst Edward Moya told Kitco News. "The market now believes that the Fed has got a good handle on things and could go at a slower pace."

But a slowdown in the pace of rate hikes does not mean that the Fed won't go higher. "Markets are starting to price in the Fed going to 5.25%, and 2-year yield is nowhere near that," Moya said.

Following the news, the 2-year Treasury yield rose more than 50 basis points and pushed above the 10-year yield — a key recession gauge that is now sitting near 40-year highs.

"The market is thinking that the economy is slowing down, and that is reflected in the yield curve here, with the 2-year and the 10-year," TD Securities global head of commodity markets strategy Bart Melek told Kitco News.

But that is not even the whole picture. Market expectations of China easing up on its Covid-Zero policy also pushed gold higher. "We are getting speculation that China will lift those Covid-Zero restrictions or at least ease up on them, which is rallying the entire market," Melek said.

Views on the rally

Despite the stellar performance on Friday, many analysts don't believe this rally will last, as the longer-term trend for gold has been bearish.

"This is most likely a short squeeze type of rally that should be sold here," Melek said. "It's too early for gold to move up. The Fed is not finished yet."

TD Securities is projecting for gold to fall below $1,600 in the next few months as it sees the federal funds rate peaking at 5.5% instead of the previous projections of below 5%. "As the economy slows, you will start seeing real rates jump. And central banks won't be buying as much gold as they did this last quarter. The cost of carrying will be expensive," Melek added.

Every time gold has rallied recently, selling came into the market, Phoenix Futures and Options president Kevin Grady told Kitco News. "We saw a lot of people getting out of gold earlier, and this is a short-covering rally. Gold is still going to have a tough time," he said.

All eyes are now on gold's "pivotal level," which is at around $1,685 an ounce. "This is the high end of the range we've been stuck in," said RJO Futures senior market strategist Frank Cholly. "We'll probably see a rejection of this rally."

At the time of writing, December Comex gold futures were trading at $1,676.40, up 2.79% on the day.

Cholly advised getting out of long positions and taking some profits before the dollar strength came back. But if gold moves above the $1,685 an ounce level, then the outlook changes. "If we are above $1,685, then I'll rethink that strategy," he told Kitco News.

Whether or not gold can get above the next key resistance level and then move to $1,700 an ounce will depend on next week's inflation data. If the data shows price pressures coming down, gold could move up into that territory, said Moya. But a hotter-than-expected number would set a bearish tone.

Market consensus calls are looking for the October CPI number to slow to 8% from September's 8.2%.

Next week's data to watch

Thursday: U.S. CPI, jobless claims

Friday: Michigan consumer sentiment

By Anna Golubova

For Kitco News

Time to buy Gold and Silver on the dips

Tim Moseley

Could This Company And Its Cohorts Overshadow Cryptocurrency? Look What’s Coming

Could This Company And Its Cohorts Overshadow Cryptocurrency? Look What's Coming

Wall Street titans such as BlackRock and Goldman Sachs have backed a crypto company that has received more funding than almost every prevalent crypto project. In addition, this firm has funded the federal government's spending and has close connections to the Federal Reserve. It's anticipated that its stock will be listed on exchanges later this year. 

The company is Circle, the issuer of the USDC stablecoin, and it seems to be setting its sights on slowly dominating the crypto industry. It’s one company we must be mindful of if we value our financial freedom. 

Circle’s History

Interestingly, Circle didn’t start out as a stablecoin project; its history is rooted in the crypto industry and runs very deep. Circle Internet Financial Inc., or Circle, was founded in 2013 by Jeremiah Allaire and Sean Neville. Jeremy and Sean have been working together for decades to build and then sell or IPO cutting-edge technology companies, notably the Allaire Corporation and Brightcove.

One of Jeremy's oldest videos on YouTube is a presentation he did shortly before leaving Brightcove to create Circle. In this video, Jeremy explains how the final step of building a successful technology company is to exit. In other words, to sell to a more prominent company or list it on a stock exchange. Jeremy Allaire has also been involved with the World Economic Forum for many years and has videos on the WEF’s YouTube channel and a profile on the WEF’s website

Circle’s Vision

Jeremy has served as the chairman and CEO of Circle since it was founded, and Sean served as the president of Circle until late 2019, when he stepped down to join Circle’s board of directors. In the beginning, Circle’s focus was Bitcoin payments, similar to other payment companies like Visa and Mastercard, with a vision for bitcoin to become the base layer for a new financial system. However, the concept envisioned was not open and decentralized but closed and centralized. 

To set things in motion, Circle effectively tried to force Bitcoin to fit their vision by pushing for all the altcoin innovations, such as tokenization and smart contracts to the Bitcoin ecosystem. They also urged Bitcoin to increase its block size for scalability purposes, along with the founder of the Bitcoin Foundation, Gavin Andresen, and 60 other corporations. 

The efforts of these entities to increase Bitcoins block size hit their pinnacle in 2017 with the so-called New York Agreement. Furthermore, Digital Currency Group (DCG) reportedly oversaw the New York Agreement.  The DCG conglomerate owns Grayscale and CoinDesk and holds stakes in top crypto projects, including Coinbase and Circle. It’s not surprising that Coinbase CEO Brian Armstrong also wanted to increase Bitcoin's block size. In short, 60 corporations tried and failed to convince the Bitcoin Community to increase Bitcoin’s block size. In short, 60 corporations tried and failed to convince the Bitcoin Community to increase Bitcoin’s block size.

Digital Currency Group 

A Rough Start For Circle

In the bull run of 2017, Circle had already raised around $27 million from Goldman Sachs and others. It used this capital to create a suite of crypto services, including an OTC trading desk, and purchased the Poleniex Exchange. Around the same time, Jeremy joined the International Monetary Fund as part of the IMF’s high-level Advisory Group on Fintech. 

For context, the purpose of the IMF is to ensure that the current US-centric financial system continues without interference from cryptocurrencies and other such technologies. Curiously, Circle and other Wall Street-funded crypto companies also held a closed-door meeting with the IMF in 2017, much to the scrutiny of the crypto community, and it seems there have been many meetings since. 

By this time, Circle realized Bitcoin was not the future of payments, although Jeremy still believes BTC is digital gold and could serve as the world’s next reserve currency and has stated he holds mostly BTC and cash. Central banks also hold alternative currencies as part of their balance sheets, with the US dollar declining.  

Since the conclusion that Bitcoin couldn’t be the payment platform, Circle and others turned to Ethereum, the next-best cryptocurrency. Ethereum grew significantly during the previous bull market cycle and established ETH as the second-largest crypto by market cap. They settled on the decision the build a US dollar stablecoin in 2017, and in 2018, Circle raised $110 million from Chinese crypto mining company Bitmain and others to build its stablecoin. 
That same year Coinbase and Circle founded the Centre Consortium to set standards for stablecoins issued on public blockchains and to govern the issuance and redemption of the USDC stablecoin. It’s important to note that any entity part of the Centre Consortium can mint and redeem stablecoins. 

The USDC stablecoin had a rough start when it launched in September 2018 because it was in the middle of a crypto bear market by then. So there wasn’t much demand for stablecoins, and USDC's market cap remained flat primarily during this period. 

Subsequently, Circle sold its suite of products and services to focus on its stablecoin in 2019. The buyers included Kraken’s purchase of Circle’s OTC trading desk and Tron founder Justin Sun, who reportedly purchased Poloniex from Circle.

The WEF, FED, and Synthetic CBDCs

In early 2020, Jeremy attended the WEF’s annual conference in Davos, where he preached about the power of programmable money. He also discussed the importance of a partnership between the public and private sectors to “support the development of global stablecoins backed by central bank money.” Circle also published a stablecoin white paper [pdf] for the WEF.

Image source: Circle Blog

In previous interviews, Jeremy stated that the assets backing USDC would inevitably be held at the FED. As a matter of interest, most stablecoins are backed by US government debt. So, when you buy a stablecoin, you are essentially subsidizing the US government spending. That is a bit of a worry, considering many use stablecoins for safety. 

According to Grant Thornton of the Centre Consortium, the USDC in circulation is backed by the following assets: 61% cash and cash equivalents, 13% Yankee certificates of deposit or CDs, 12% US treasuries, 9% commercial paper, 5% corporate bonds, and less than 1% in municipal bonds.

Almost all of the assets backing the largest stablecoins are some form of debt, i.e., money that’s been lent out. If you’re wondering why all these stablecoin companies hold so much debt, the answer is Interest. The companies behind these stablecoins can make money on their clients’ money by lending it. This makes it possible for Circle to make billions of dollars in passive income.

What’s important to understand is that Jeremy’s repeated prediction that the FED will hold USDC reserves relates to a Synthetic Central Bank Digital Currency. (sCBDC). Synthetic CBDCs involve a partnership between a private company, in this case, Circle, and the central bank of a country, the Federal Reserve, to issue a de facto CBDC, in this case, a de facto digital dollar. 

Unsurprisingly, the IMF and the WEF are particularly interested in this synthetic CBDC setup. The question is, which Blockchain will they agree on to power a synthetic CBDC? Will it be a private and permissioned blockchain created by a big bank or a cryptocurrency? Jeremy has consistently posited the prospect of a global stablecoin that will be modeled on the IMF’s Special Drawing Rights or SDR. The SDR consists of multiple national currencies, and Jeremy believes it will eventually include BTC. 

Image source: Coingecko

A Parabolic Shift For USDC

In mid-2020, the USDC’s market cap was on the move parabolically and continued to grow as  USDC expanded to new exchanges and smart contract cryptocurrencies. Algorand was one blockchain that USDC expanded to and seemed to have a very close relationship with both Circle and the Federal Reserve. Interestingly, Circle is based in Boston, Massachusetts, and in the same proximity as MIT, where Algorand founder Silvio Micali is based. 

CBDC reports by the FED note that the Central Bank partnered with MIT to develop its digital dollar and that the FED would begin testing quantum resistance on its would-be blockchain this year. As it so happens, Algorand recently achieved Quantum resistance by introducing State proofs.

Shortly after Circle announced its multi-chain framework, Wall Street veteran and former CLS Bank CEO David Puth was appointed the CEO of the Centre Consortium. You may not have heard of the CLS Bank; however, according to Jeremy, the CLS Bank is the “biggest bank that nobody knows” and, apparently, settles more than $2 trillion of transactions per day between the 70 largest banks on the planet. 

As per the Centre’s blog post, David's job is to ensure “the most significant transformation of the international monetary system since the formation of the Bretton Woods system.” Oddly enough, David recently stepped down from the Centre Consortium to become a senior advisor to Circle, possibly because of Circle's exponential growth, which began in 2021 as Circle raised a staggering $440 million from various crypto VCs, including DCG and FTX. 

During this time, Circle offered high-yield USDC accounts to institutional investors that were returning 8% – 11% yearly, according to an interview with Jeremy from February 2021. This eventually led to allegations by skeptical journalists that Circle was engaging in extremely high-risk, DeFi activities behind the scenes to earn this high yield. Note that this is the same stuff that crypto platforms like Celsius and Voyager Digital did before they went bankrupt. 

Stablecoins Scrutinized Over Collateral Quality

Following the collapse of the crypto market and the appointment of SEC chairman Gary Gensler, stablecoins began to experience a lot of scrutiny, including USDC. The backlash prompted stablecoin issuers to publish details about the assets backing all their billions of tokens in circulation. Paxos came out as the winner for collateral quality, and Circle has since changed the composition of the assets backing USDC to match those of Paxos’s BUSD. As it stands, the USDC in circulation is currently backed by around 80% short-term US Government debt, and 20% is backed by cash. 

Image source: Cointelegraph

Assuming short-term US Government debt means 2-year treasuries, it implies that Circle is earning a yield of around 4% on almost $40 billion of reserves. If you crunch those numbers, that equals over $100 million in pure passive income every month. This incredible potential for passive profit is probably why Circle managed to secure a Special Purpose Acquisition Company (SPAC) deal for its stock to list on US exchanges.

Towards the end of 2021, Circle started to call for reasonable crypto regulations and seems to have lobbied to that end. The company also continued to expand USDC to other blockchains and started looking into stablecoins for other fiat currencies, notably the Japanese Yen and the New Zealand dollar. 

Also, in late 2021, Terra’s algorithmic UST stablecoin began to gain serious ground in DeFi protocols, where USDC had reigned supreme for almost two years. According to Decrypt, decentralized stablecoins try to avoid governance issues by maintaining their pegs through algorithms instead of through vast reserves of cash and debt. It also means their creation and destruction are done via voluntary free market arbitrage, and nobody can freeze or confiscate these tokens.

Note that all centralized stablecoin issuers have frozen tokens in the past. This occasional freezing of tokens is just the tip of the iceberg because, in a 2020 interview, Jeremy confirmed that Circle has the power to freeze all its stablecoins in circulation. This prospect is disturbing when you remember that Circle has uncomfortably close ties to Wall Street, the IMF, and the WEF. It's also disconcerting to consider that supposedly decentralized stablecoins, like MakerDAO’s DAI, are backed mainly by USDC. MakerDAO’s founder actually called for DAI to drop its peg to get off of USDC after Circle froze a bunch of tokens related to Tornado Cash. 

Digital IDs And BlackRock Emerge On The Scene

In February 2022, Circle announced the release of the Verite platform, which is instrumental in the rollout of digital identities in cryptocurrencies. Two months later, Circle announced that it had received another $400 million of funding in a round led by BlackRock, the world's largest asset manager. BlackRock and circle also entered a “strategic partnership,” which would see BlackRock manage Circle’s cash reserves. 

Image source: Decrypt

BlackRock's buy-in bought Circle’s total funding to well over $1 billion, and Crunchbase suggests that this figure is much higher, though the details of all these investments were apparently not disclosed. In any case, the market cap of Circle’s USDC hit an all-time high of over $55 billion in the aftermath of the collapse of Terras UST and the concerns around Tether’s USDT that arose during the chaos. 

Incidentally, in previous interviews, Jeremy had admitted that both stablecoins were competitors to USDC. As expected, Terra's collapse and the temporary de-pegging of USDT led to renewed calls for stablecoin regulation worldwide. It appears Circle has been involved in influencing the regulations relating to the EU’s final draft of the MiCA Bill. According to CoinBureau, this could be very favorable for Circle, in Europe anyway, and opines that it could also be the catalyst for the next bull run. 

Competition Is Rife

It’s nothing new if Circle is leveraging regulations, as incumbents have often used regulation to prevent competition. Even the Goldman Sachs CEO admitted that “burdensome regulation protects our business from startups” shortly after the bank invested in Circle in 2015. What’s interesting is that  XRP is a top competitor to the global system that Circle and the Centre Consortium are trying to create.

And it’s not just regulations these stablecoin issuers are competing with; Cryptocurrency exchange Binance recently announced it would end support for USDC and has since de-listed Circle’s prominent stablecoin. USDC's market cap has been slipping, but it took a plunge when Binance dropped USDC in September 2022. 

This means that Circle has to sell assets behind the scenes to ensure that the supply of USDC is in line with the lower level of demand for USDC following its de facto delisting. It's well within Binance’s right to make this move, and it just goes to show that crypto is hyper-competitive, and every crypto project and company has its way of cementing itself in the industry. 

In Circle’s case, this involves working with questionable global organizations and expanding on-chain, including issuing stablecoins denominated in currencies besides the USD to appease foreign governments and regulators. At this rate, it's more than likely that every national currency will have its own stablecoin issued by the Centre Consortium, a perfect synthetic CBCD. 

As with USDC, all these synthetic CBDCs will be backed by the government debt of their respective regions. It means we’ll all be subsidizing our government’s spending along with lower interest rates for institutions when the “powers that be” inevitably phase out cash. 

But Wait…There’s More

Image source: Coindesk

More recently, Circle announced that it would expand to five additional smart contract cryptocurrencies and introduce a cross-chain interoperability protocol for its stablecoins. It also announced that it had partnered with Jack Dorsey’s Block to bring USDC to Bitcoin and to think Jack Dorsey is a Bitcoin maximalist! 

Circle is also quickly taking over every smart contract cryptocurrency. With its stablecoin reserves being held by the FED, Circle could potentially have access to unlimited liquidity, aka the money printer. With the money printer in its grip, Circle will have the power to control every proof of stake smart contract cryptocurrency. Case in point, Ethereum creator Vitalik Buterin recently admitted that Circle would have the power to decide the future of forks on Ethereum due to its stablecoin liquidity. 

For what it's worth, it looks like Bitcoin’s BTC and physical cash will offer protection from the upcoming dystopia that Circle and its affiliates are not so subtly rushing to roll out. Which begs the question, why else would Jeremy hold most of his wealth in cash and BTC? Maybe, he knows what's coming? 

To Jeremy's credit, he wants stablecoins to be as cash-like as possible, meaning transaction privacy and no KYC. The problem is that the regulators will probably never allow this. As we already know, the institutions' that Circle has aligned itself with explicitly want to take control of every transaction we make forever. 

As mentioned earlier, Circle’s co-founders have a history of building up and then exiting cutting-edge tech companies. This raises the question of whether Jeremy and Sean will do the same with Circle once its stock has IPO’d via the SPAC. Circle could become the most valuable company on the planet if it succeeds in its mission of literally recalibrating the global financial system around stablecoins. 

The only issue with this analysis is that fiat currencies are failing, and stablecoins probably won't help much. Jeremy seems to be highly aware of this, and that is ostensibly why he's so bullish on BTC. As such, it's probably wise to watch whether he leaves Circle after its IPO. If he does, it probably means he knows that Circle will inevitably fail. 

On another note, if you’re wondering which blockchain Jeremy believes will support all of Circle stablecoins, the short answer is all of them. The Circle team seems to be genuinely blockchain agnostic, and Jeremy thinks each smart contract cryptocurrency will have a piece of the financial puzzle. In sum, Circle will probably become the most influential company in cryptocurrency, maybe even the entire world, but it will arguably fail because it's fundamentally leveraging failing fiat currencies.

Image Source: Markethive

The Optimistic Approach

A redeeming feature is that Circle’s domination will make the average person comfortable with cryptocurrency. With special thanks to Guy at CoinBureau for his insights and his take on the final objective, he postulates,

“If I had my tinfoil hat on, I’d tell you that was the end game all along. Partner with all international organizations and the financial system, convince them to adopt stablecoins, sneak BTC in through the back door with an IMF SDR stablecoin and turn BTC into the world's next Reserve currency.” 

That is an outcome we would all love to see because the alternative will see us perpetually enslaved by these technocrats. We must also remember that decentralized cryptocurrency is vastly different from a centralized digital currency and extremely difficult for so-called authorities to over-regulate. I doubt they even know what they’re dealing with to the full extent. 

We have committed and robust communities that are creating ecosystems with crypto utility, built on supply and demand with a free market principle, and will always have a place in society, even if it’s in a Parallel Economy. This is where entrepreneurs rise, reclaim their sovereignty and freedom, and thwart the misaligned, agenda-driven elite. I’ll follow up with an article where we’ll discover what the individuals in power are planning about a new kind of social credit score. It’s wise to be aware. 




Editor and Chief Markethive: Deb Williams. (Australia) I thrive on progress and champion freedom of speech. I embrace "Change" with a passion, and my purpose in life is to enlighten people to accept and move forward with enthusiasm. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.






Tim Moseley

Gold price sharply up after Goldilocks US jobs report

Gold price sharply up after "Goldilocks" U.S. jobs report

Gold and silver prices are sharply higher in early U.S. trading Friday, boosted by a U.S. jobs report that landed in the sweet spot of marketplace expectations for the report. Silver prices notched a three-week high. Strong gains in crude oil prices and a weaker U.S. dollar index are also bullish outside market forces for the metals on this day. Short covering by futures traders is featured in both precious metals markets to end the trading week. December gold was last up $28.40 at $1,659.60 and December silver was up $0.785 at $20.22.

The just-released monthly U.S. employment report for October from the Labor Department showed the key non-farm payrolls number up 261,000, which was above the expected rise of 205,000 and compares to the gain of 263,000 seen in the September report. Gold prices added to their solid overnight gains after the release of the report, as analysis are saying this is a Goldilocks report that is "not too hot and not too cold"—meaning it is not too strong to prompt the Federal Reserve to become more aggressive in tightening its monetary policy, nor is it too weak to cause more concern about a U.S. economic recession.

Global stock markets were mostly higher overnight. U.S. stock indexes are headed for higher openings when the New York day session begins, on corrective bounces from the selling pressure seen the past three sessions, and on the U.S. job report numbers landing in the "sweet spot" of the marketplace expectations.

In overnight news, the Euro zone September producer price index came in at up 41.9%, year-on-year, which was near expectations. Soaring energy costs in Europe are driving the PPI sharply up.

Gold price to trade at $1,700 next year as Fed, dollar outlooks shift, says Capital Economics

The silver market bulls have outperformed gold bulls recently. One reason may be rising demand for India. Broker SP Angel today said in an email dispatch: "Silver India's insatiable appetite for silver eats into global warehouse inventories. Analysts expect Indian silver consumption to haveincreased over 80% this year. Indian silver buying was hit hard over the two covid years but 2022 purchases have seen a major jump in demand. Traders are reporting London and Hong Kong warehouse inventory levels, as pent-up demand feeds into the market."

The key outside markets today see the U.S. dollar index lower on a corrective pullback from strong gains Thursday. Nymex crude oil prices are sharply higher and trading around $91.50 a barrel. The 10-year U.S. Treasury note is yielding around 4.2%.

Other U.S. economic data due for release Friday includes the global services purchasing managers' index.


Technically, the gold futures bears have the solid overall near-term technical advantage. Bulls' next upside price objective is to produce a close above solid resistance at $1,700.00. Bears' next near-term downside price objective is pushing futures prices below solid technical support at $1,600.00. First resistance is seen at this week's high of $1,673.10 and then at $1,679.40. First support is seen at $1,650.00 and then at the overnight low of $1,631.10. Wyckoff's Market Rating: 2.0

The silver bulls have regained the overall near-term technical advantage. A choppy uptrend is in place on the daily bar chart. Silver bulls' next upside price objective is closing prices above solid technical resistance at the October high of $21.31. The next downside price objective for the bears is closing prices below solid support at $18.00. First resistance is seen at $20.50 and then at $21.00. Next support is seen at $20.00 and then at the overnight low of $19.425. Wyckoff's Market Rating: 6.0.

By Jim Wyckoff

For Kitco News

Time to buy Gold and Silver on the dips

Tim Moseley

Geomarketing: The Future of Marketing and Advertising

Geomarketing: The Future of Marketing and Advertising



Geomarketing is a new way of marketing and advertising your business. It uses data, tools, and technology to help you better reach your customers and potential customers based on their location. Geomarketing helps improve customer-company interactions by providing information about them such as how often they visit or spend money at your location. It can also be used to find new ways to advertise in local areas or even draw attention from nearby stores that sell similar products.

ecosystem for entrepreneurs

What is geomarketing?

Geomarketing is a way to use data and tools to better connect with your customers. It's the process of using data to understand where your customers are and how you can reach them. By pairing geolocation with a business's existing marketing efforts, geomarketing can help increase customer retention and spur new growth for both brick-and-mortar businesses and online retailers alike.

Geomarketing solutions are now available to small businesses.

Geomarketing solutions are now available to small businesses. Geomarketing is a great way to connect with customers and promote your products, services, and brand. Geomarketing solutions are affordable for small businesses.

There are many ways that geomarketing can help you reach your target audience, including:

  • Using local search engine optimization (SEO) techniques to promote your business online through search engines like Google or Yahoo!

  • Promoting online reviews of your products or services on sites like Yelp and TripAdvisor

  • Advertising on social media platforms like Facebook and Twitter

The future of geomarketing.

Geomarketing is a powerful tool for businesses to use to gain insight into their customers and their behavior. Companies can use geomarketing to improve their business in a variety of ways, including:

  • Improve their understanding of customer behavior by using data on location, device type, browsing patterns, and more.

  • Find new opportunities for growth by targeting customers in under-served areas or markets that have potential for growth.

  • Increase sales by marketing products where customers are already spending money (e.g., direct mail).

Geomarketing makes use of data and tools to better connect with your customers.

Geomarketing is a way to reach customers based on their location. It uses data and tools to better connect with your customers, allowing for more relevant advertising that increases sales.

Think about it like this: if you’re selling shoes in Chicago, you want ads to show up when people are looking at their phones while walking down Michigan Avenue—not when they’re sitting in an office building on the other side of town. Geomarketing uses data from GPS-enabled devices like smartphones and tablets to determine where customers are located so that advertisers can send them ads based on where those people are at any given moment.

How Geomarketing has evolved

  • Geomarketing is the use of location data to improve marketing and advertising

  • Geomarketing is a subset of geo-targeting, which means it relies on information about where people are physically located. It's a form of data analytics that helps businesses target their products and services at specific groups or individuals. For example, you might use geomarketing if you wanted to advertise swimsuits in Miami during winter or sell snowshoes in Hawaii during summertime.

  • Geomarketing has been around for a long time, but only recently has it become more accurate thanks to advancements in technology such as GPS-enabled smartphones, big data processing tools like Hadoop, cloud computing resources like Amazon Web Services (AWS), and visualizations such as Google Maps Engine

The Benefits of Geomarketing,

Geomarketing is based on the power of location data. By leveraging this information, geomarketers are able to put the right message in front of the right customer at the right time. This makes it a great way to target customers and improve conversion rates.

Future of geomarketing and how to stay current with trends and technologies

Geomarketing is a powerful tool that can be used to improve business performance. But it’s not necessarily a new concept—the idea of geomarketing has been around for many years. In fact, the first known use of geo-targeted advertisements was in 1887 by an English shoe shop owner who put up signs on lamp posts near train stations and other places where people would see them.

As digital marketing continues to grow and evolve, geomarketing will become even more popular as marketers realize how they can reach their customers where they are—and with more targeted ads than ever before! But keep in mind that it isn't just about knowing how many users are seeing your ad or how far away they live from you; it also means understanding why these users are visiting certain locations at specific times (and what types of businesses are located there).


Geomarketing is one of the fastest-growing areas of marketing. In fact, some estimates suggest that it will grow to a billion-dollar industry by. The technology behind geomarketing makes this possible because it can help you target customers based on their physical locations rather than just online behavior or demographics alone. That means you can reach more people with less effort and spend less money doing so!

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Tim Moseley

The Artist that came out of the Winter