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Diamond News Archives

Gold May Rise but Silver May Double in 2022

Category: News Archives
Created: 11 February 2022
Hits: 1087
Diamond Buyers Club
The price of gold may reach about $2,100 an ounce, up from its present price of around $1,800 per ounce by the end of 2022. However silver prices, could hit $40 -- roughly double from where they are today if certain conditions are met.
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Read more from our friends at Gold & Silver

Congress Wants Taxpayers To Bail Out the Postal Service

Category: News Archives
Created: 11 February 2022
Hits: 1085
Diamond Buyers Club
The House passed the bill this week with little fanfare and broad bipartisan support.
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Read more from our friends at Gold & Silver

WTI Crude UP 91% Under Biden, Foodstuffs UP 47%, 30Y Mortgage Rates UP 39%

Category: News Archives
Created: 11 February 2022
Hits: 1092
Diamond Buyers Club
Well, it has been a cringe-worthy year+ under President Biden. West Texas Intermediate Crude futures price is up 91% and the Commodity Research Bureau Foodstuffs index is up 47%. Talk about Biden’s energy folicies being passed through to American households in the form of higher food costs and energy prices!
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Read more from our friends at Gold & Silver

Gold Futures Up 5 Session in a Row, Longest Streak of Gains Since November: MW

Category: News Archives
Created: 10 February 2022
Hits: 1108
Diamond Buyers Club
Gold futures ended higher on Thursday, stretching their streak of gains to a fifth session in a row - the longest run of consecutive gains since November. The rise for the metal came in the wake of data showing the U.S. consumer price index rose by a more than expected 0.6% in January to 7.5%, a 40-year high.
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Read more from our friends at Gold & Silver

The Average Household Is Spending an Extra $250 a Month - $3,000 per Year, Due to High Inflation: MW

Category: News Archives
Created: 10 February 2022
Hits: 1118
Diamond Buyers Club
“This vicious cycle was behind the high inflation we suffered more than 30 years ago,” Sweet wrote. “The Fed views the risks of a regime of high inflation as greater than the downside risks of low inflation.”
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Read more from our friends at Gold & Silver

  1. Global Silver Demand Forecast To Reach A Record 1.112 Billion Ounces In 2022
  2. Lacy Hunt: Despite Current Inflation Fears, Deflation Is Still The Bigger Threat
  3. IRS Wants to Disclose Crypto Exchange Trades to Law Enforcement
  4. Gold Firms Near 2-Week Peak As Inflation Risks Lift Demand

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