Warren Buffett says Berkshire Hathaway is seeing ‘very substantial inflation’ and raising prices

Warren Buffett says Berkshire Hathaway is seeing ‘very substantial inflation’ and raising prices

“We are seeing very substantial inflation,” Warren Buffett said at the conglomerate’s annual shareholder meeting Saturday. “We are raising prices. People are raising prices to us and it’s being accepted.”
May 5, 2021 0 Comments
Mints are running out of gold; not enough physical silver to cover paper - former U.S. Mint Director

Mints are running out of gold; not enough physical silver to cover paper - former U.S. Mint Director

"Not only the U.S. Mint, but other Mints around the world, Australia's Perth Mint, the Mexican Mint, have all run out of gold, they can't keep it in spot and there's so many shortages retailers are having problems accessing that gold," Moy told Michelle Makori, Kitco's editor-in-chief.
April 30, 2021 0 Comments
Think $100 Silver Is A Crazy Price… Not If You Check Out This Chart

Think $100 Silver Is A Crazy Price… Not If You Check Out This Chart

While we have witnessed a surge of new silver investment demand over the past year, it’s nothing compared to the massive buying coming in the future.  We know that there is something BIG happening in the silver market when the top silver analysts “conveniently” omit the massive global silver ETF demand in their surplus-deficit calculations.
April 29, 2021 0 Comments
Central and Eastern European central banks significantly expand their gold reserves

Central and Eastern European central banks significantly expand their gold reserves

Last month Hungary tripled its gold reserves. The decision by the National Bank of Hungary (Magyar Nemzeti Bank, MNB) to increase its gold reserves to 94.5 tonnes, a historic high, follows a 10-fold increase in Hungary’s gold holdings in the last quarter of 2018. 
April 23, 2021 0 Comments

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