Call Me Stormy

Finding righteous currents in turbulent times

Archive for the tag “precious metals”

09 Jun 2026

Beware Of Financial Frauds

As the economy tanks, more and more financial frauds will be popping up. So says Catherine Austin Fittts, the former assistant secretary for Housing and Urban Development who now serves as publisher of The Solari Report. So Fitts and her team have put together a special presentation called “Protecting Your Assets.”

One of the many frauds Fitts sees are fraudsters impersonating her to rip people off with phony deals and false financial advice. She says, “We can’t give you investment advice, but we can tell you don’t do that scam.”

In closing, she points out that gold and silver are both in long-term bull markets, but as the economy can take a hit if the metals can get sold off to raise cash. She notes, “Big drops in gold and silver can happen.”

Fitts speaks with Greg Hunter on a 57-minute interview, pushed as part of Hunter’s series USAWatchdog.com.

 

Posted in Economizing and tagged , , , , , , , , , , , | Leave a comment
24 May 2026

Will New Fed Spur Economy?

Jerome Powell is out as Fed Chief, and Kevin Warsh was just sworn in.

It’s a move that will have a big impact on interest rates, inflation, markets, and your money. Here’s more from Trish Regan.

Posted in Economizing and tagged , , , , , , , , , | Leave a comment
20 May 2026

Baby Steps For Tina’s Recovery

Analyst Juan O’Savin addresses the decision in Colorado to free Tina Peters, the former Mesa County clerk whom the Democrats jailed because she charged that the 2020 presidential election had been rigged. O’Savin says a parole board might decide to require Peters to remain in Colorado, or might even try to limit her free speech.

That wouldn’t be shocking because the Democrats already demonstrated through jailing her that they think very little about free speech and aren’t at all inclined to protect anyone’s rights, most certainly not the rights of their political opponents.

O’Savin says Peters’ friends hope to get her permission to travel to neighboring Nevada because she’s now suffering health issues, and being in the proximity of healing spas could help rejuvenate her. We’ll know the score soon because she’s scheduled or release from jail on June 1.

O’Savin also discusses the Iranian conflict as well as silver, bonds and the shaky status of the stock market in a conversation with Michael Jaco.

Posted in Political, Hey! and tagged , , , , , , , , , , , , , , , | Leave a comment
14 May 2026

Iran Playing Fire With Banking

Iran is bombing the United Arab Emirates in an attempt to trigger a financial collapse. This is much more serious than Iran threatening a neighboring nation. If Iran succeeds in creating a debt crisis, that will filter into the banks. Once the banks start getting into trouble. this does more than send oil up. It put pressure economically on Europe and the United States. This is the key to a banking crisis.

Financial analyst Martin Armstrong says this Iran war will last the rest of 2026, and gasoline prices in the US could hit $9 a gallon. He notes, “We are at a point where governments collapse. . .. What we are facing is a sovereign debt crisis globally. International debt reached $353 trillion last month. It doesn’t stop. They don’t pay off debt. They just roll it over. This will come to a crisis because interest payments keep rising. Our interest expenditure exceeds military.”

In closing, Armstrong is still a buyer of gold, silver, food and holding some cash. He says the US dollar is not going to be replaced as the world reserve currency anytime soon. This might be a reason why Warren Buffett is holding a record $400 billion in cash.

There is more in Armstrong’s 58-minute Interview with Greg Hunter on USAWatchdog.com.

Posted in On the Front Lines and tagged , , , , , , , , , , , , | Leave a comment
09 May 2026

US Becoming A Banana Republic

Financial observer and precious metals advocate Bill Holter sees a dark financial  future straight ahead.  Holter tells Greg Hunter that derivatives are the biggest danger.

He notes, “Warren Buffett calls them mass financial destruction. It should not go unnoticed that Berkshire Hathaway is now sitting on $400 billion of cash, which is the biggest hoard they have ever had.

“In 1998, the financial media called him an idiot, and what happened in 2000? Buffett was an idiot again in early 2008. What happened in late 2008 and 2009? Buffett is not an idiot, and for him to say now that there is nothing out there of value to buy and I’d rather have cash, that tells you a pretty big story.”

Will we see an enormous financial bubble or even a collapse? Here’s more on the story from Greg Hunter and USAWatchdog.com.

Posted in Economizing and tagged , , , , , , , , , , | Leave a comment
19 Apr 2026

Trump’s Warning To Britain

Susan Kokinda argues that recent U.S. actions framed as confronting Iran are actually aimed at dismantling the British imperial financial and geopolitical system. She cites Treasury Secretary Scott Bessent’s April 16 meeting with UK Chancellor Rachel Reeves, highlighting the on-record “Economic Fury” campaign and U.S. tracking of financial flows to Iran that allegedly lead to London.

The episode shows Trump is ending a decades-old “world extortion” model tied to the Strait of Hormuz, Lloyd’s war-risk insurance, and London’s commodity pricing power (gold, metals, oil benchmarks). It also points to an Israeli–Lebanon ceasefire and Trump prohibiting Israeli strikes, arguing this removes Netanyahu’s leverage built on a perpetual Iran threat.

With London’s pricing nodes shifting toward New York and the “special relationship” weakening, the Hudson Institute is said to be pinning hopes on a King Charles visit to the U.S.  Here’s more from Promethean Updates.

Posted in On the Front Lines and tagged , , , , , , , , , , , , , , , , , , | Leave a comment
18 Apr 2026

Iran Opens Strait Of Hormuz!

Iran has reopened the Strait of Hormuz, leading to a steep decline in the price of oil. All other markets, including precious markets and the stock market, surged on the news.

Iran’s foreign minister Abbas Araghchi announced the reopening of the Strait, and President Donald Trump confirmed, saying, “Iran has just announced that the Strait of Hormuz is fully open and ready for full passage. Thank you.”

Those predicting the Iran hostilities would necessarily lead to World War III now have egg on their faces. We’ll see over the next week whether the peace holds, and what steps or negotiations can be expected next. Here’s more from Benny Johnson.

Posted in On the Front Lines and tagged , , , , , , | Leave a comment
17 Apr 2026

Death Spiral To Accelerate?

Even if the Iran War gets sorted out quickly, there will be some extreme consequences, says John Rubino, a precious metals advocate and financial analyst. Rubino looks for the American currency to continue to lose its value, and hyperinflation to become more persistent, perhaps even at an accelerating pace.

Rubino thinks you will be seeing $15,000 per ounce gold and $300 per ounce silver, but he can’t say exactly when. He just knows it will happen because with fiat currencies, history always repeats.

Rubino says, “This sounds crazy now, but they are probably going to happen. That is just how currency collapses play out. We have seen hundreds of currencies in human history that have died. Just Google hyperinflation, and you will see a list of name brand countries that destroyed their currency. They rode them down to virtually zero. It’s hyperinflation, and something like that is coming. . .. We should not even think about it in terms of dollars, just buy it (physical gold and silver) to have real money.” He discusses the situation with Greg Hunter on USAWatchdog.com.

Posted in Economizing and tagged , , , , , , , , , | Leave a comment
10 Apr 2026

This Is A Rally You Do Not Sell

Precious metals advocate Bill Holter says you’ll want to hold onto your gold and silver for the next couple of months. Prices for both have been surging since the corner seemed to turn in the Iran War. Silver had hit a low in the $60s, but is now back in the $70s. Holter says we’ll see the price continue to increase, perhaps reaching $100 an ounce, but at least nipping into the $90s.

The same plotline will apply for gold. It’s been leaning down, but now surging up again to about $4,750 an ounce. Holter sees it climbing again to at least $5,000.

Gold and silver, he says, “are going to be your only place to hide,” because other markets will plummet or remain chaotic. He’s interviewed by Greg Turner in a new edition of USAWatchdog.com.

 

Posted in Economizing and tagged , , , , , , , , , | Leave a comment
06 Feb 2026

Volatile Markets Loom Ahead

Financial analyst Martin Armstrong shares his insights on precious metals, Ukraine and the threat of war faced by the NATO countries. Armstrong speaks with journalist Greg Hunter on a new edition of USAWatchdog.com

Armstrong says we can expect continued “volatility” over the short term future. While gold and silver will continue to rise in  price, there will be short-term pullbacks as well as periods when refiners are overbooked, to the extent they aren’t really open to taking on more work. “This is not the major high. We have too much craziness on the horizon, from sovereign debt default to war,” says Armstrong. “You are just getting a pullback and consolidation. . ..”

He’s looking for silver to reach $165 to $200 per ounce, while for gold, “I am looking at resistance at the $8,500 per ounce level and, after that, $10,000 per ounce . . . in the next few years.”

Armstrong also discusses the difficulty in arriving at peace in Ukraine — as NATO continues to undermine efforts to end the war.  Do the NATO countries fear a Russian invasion, or are they using Ukraine as an excuse to cover up  their own internal problems and incompetencies?

Posted in Economizing and tagged , , , , , , , , | Leave a comment

Post Navigation

← Older Entries