This compilation of financial insights includes videos from The Rich Dad Channel, Arcadia Economics, Palisades Gold Radio, and Liberty and Finance.
Mike Mauceli and Linnea Lueken joins The Rich Dad Channel to talk about the future of oil jobs. Arcadia Economics shares news of Blackrock Silver releasing drill results. Andy Schectman joins Arcadia Economics to discuss why physical silver investors are not selling as rates continue to rise. Justin Huhn joins Palisades Gold Radio to discuss how the uranium bull run is already here. Andy Schectman also joins Liberty and Finance to explain why you should hold on to your gold and silver.
The Rich Dad Channel
Premiered Sep 26, 2023
Discover how green activists and politicians are shaming aspiring oil and gas workers into finding new careers. You will also discover what the oil and gas industry must do to attract young people into the industry.
Premiered Sep 26, 2023
Blackrock silver has been drilling at its #Silver Cloud project in Nevada where last year they encountered results of 70 g/t gold and 600 g/t silver. They released the results of this year’s campaign this morning, and also updated the timeline for their Tonopah West resource update. And to find out what they came back with, click to watch this brief video now!
The silver futures on the #COMEX have been selling off again this week, with a spike lower on Monday, and a slow continuation of the selloff on Tuesday.
However in this week’s physical silver report, Andy Schectman of Miles Franklin reports that they are still seeing very little physical silver and gold selling. This is a trend that has been in place since 2017, when he did see sellers of physical metal while the crypto market was rising. Yet even with the Fed raising rates, and yields on US debt following along, the orders he’s getting from his clients are consistently from the buy side.
Andy gives an update on the premiums in the #gold and silver markets, talks about the increase in rates, and comments on the decline in the world’s economically mineable silver reserves. He addresses the possibility of a government shutdown this weekend, and the latest update from Moody’s, where they mentioned that a shutdown could be a negative towards the US government’s credit rating.
So to find out more about the latest developments affecting the silver market, click to watch this video now!
Palisades Gold Radio
Sep 26, 2023
Tom welcomes back Justin Huhn to discuss the uranium markets which recently hit a 12-year high. Justin explains that this is significant because it is happening during the slow season for the market and without much involvement from financial players. He also notes that the spot price has been steadily rising on small volumes, which is unusual and could be a sign of a tight market.
Justin also mentions that there is uncovered demand for 200 million pounds of uranium in the next five years, which is a concern as there is not enough supply to meet this demand. The only entity with enough uranium to satisfy demand is China, but they are also increasing their nuclear capacity, which could deplete their inventories. He predicts that by 2030, China alone will require 70-80 million pounds of uranium per year. Justin also addresses the concern that China may sell their uranium inventory into the market, but he believes that they are more likely to acquire more uranium due to their plans to become a nuclear powerhouse. He points out that the evidence shows that China has been buying uranium this year, not selling it.
The situation in Ukraine has caused uncertainty and supply risk for utilities, leading them to be more cautious in their contracting. China will likely increase their acquisitions of uranium projects in Africa to meet their demand, as their domestic production is insufficient. The price reporters have started to warn utilities about the supply shortfall and to expect higher prices. The market is facing a near to midterm supply shortage, and it is uncertain if or when this situation will be resolved.
The US remains heavily reliant on Russian uranium deliveries in the near term, but efforts are being made to secure more domestic supply, particularly through developing enrichment capabilities for future SMR demand.
The spot market has changed significantly in recent years, with utilities now primarily turning to the term market for their needs. Justin also discusses the impact of a broader market sell-off on the uranium sector, stating that while it could cause a temporary dip, his confidence in the market’s long-term potential remains high.
Justin’s personal approach to trading involves holding long-term positions and avoiding chasing all-time highs. He believes that while the sector may be overbought at the moment, dips are likely to be short-lived if the price of uranium continues to rise. He also emphasizes the importance of understanding the physical market and the fuel cycle when making investment decisions.
Liberty and Finance
Premiered Sep 26, 2023
Central banks are shredding US Treasuries and accumulating gold. For the first time in decades, Treasuries have more downside volatility than gold, says Andy Schectman, CEO & president of Miles Franklin. Metals are also draining from the major exchanges. “Do not let go of your gold and silver,” he says.
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we’ll forward your request to the author.
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2022 Dinar Chronicles