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The Ainslie News Podcast

The Ainslie News Podcast

By Ainslie

Daily gold and silver economic news conveniently delivered in audio format. Ainslie Bullion is one of Australia's leading gold & silver bullion dealers, since 1974. With our live pricing, historical price charts, and huge range of gold, silver and platinum. Ainslie produce and sell our own range of gold and silver bullion offering world class products at 'local' prices.
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Central Banks Buying Gold – Don’t Do As I Do, Do as I Say

The Ainslie News PodcastNov 24, 2021

00:00
06:60
Will Bitcoin Holders SURRENDER and Sell? - Ainslie Crypto News July 12th 2022
Jul 12, 202204:42
Goldman Sachs Call $2500 Gold Soon - Ainslie Bullion News July 11th 2022
Jul 11, 202205:25
Billions worth of Gold found in shipwreck - Ainslie Bullion News July 8th 2022
Jul 08, 202203:23
Mortgages & Commodities Under Pressure Ahead of Recession - Ainslie Bullion News July 7th 2022
Jul 07, 202206:01
Gold Rush 2.0 and Australia's Reserves - Ainslie Bullion News July 6th 2022

Gold Rush 2.0 and Australia's Reserves - Ainslie Bullion News July 6th 2022

In Australia, commentators are calling for the 2020s to be the new 1850s in "Gold Rush 2.0". And it’s lucky we have plenty of gold in the ground... as our reserves are only a 22hr flight away at the Bank of England!


CHARTS AND IMAGES SHOWN:

https://www.ainsliebullion.com.au/gold-silver-bullion-news/gold-rush-2-0-and-australia-e2-80-99s-reserves-/tabid/88/a/2797/default.aspx


LINKS MENTIONED: 

https://www.rba.gov.au/qa/gold-holding.html

Jul 06, 202205:41
Only HODLers Remain - Ainslie Crypto News July 5th 2022
Jul 05, 202205:12
Major protests in Belgium against the Rising Cost of Living

Major protests in Belgium against the Rising Cost of Living

Dramatic images of almost a hundred thousand protestors have broken out in Belgium as inflation has now crossed 10% in June. These civil uprisings have been mirrored worldwide this month as supply chains reach breaking point and the purchasing power of government issued fiat currencies continue to weaken.

https://www.ainsliebullion.com.au/gold-silver-bullion-news/major-protests-in-belgium-against-the-rising-cost-of-living/tabid/88/a/2795/default.aspx

Jul 04, 202204:29
FY22 in Review
Jul 01, 202205:01
BRICS Nations forming USD alternative.

BRICS Nations forming USD alternative.

With China, India, Brazil and South Africa wondering if they will be next in line to suffer sanctions, the BRICS nations are forming a viable alternative to the US Dollar for international settlements. Speaking at the BRICS Business Forum on Wednesday, Putin stated
“The matter of creating the international reserve currency based on the basket of currencies of our countries is under review.” This is the most formalised movement towards a global environment that functions largely without the US Dollar. Saudi Arabia has been in talks for most of the year to sell Oil denominated in Chinese Yuan, and Nigeria is already making those trades.

https://www.ainsliebullion.com.au/gold-silver-bullion-news/brics-nations-forming-usd-alternative/tabid/88/a/2793/default.aspx

Jun 29, 202204:30
Earnings Flag, more pain to come.

Earnings Flag, more pain to come.

Another shocker on Wall Street last night with heavy falls across the board. The only thing positive was the USD and some commodities, and gold was pretty much flat but up in AUD terms.  So what happened this time?

https://www.ainsliebullion.com.au/gold-silver-bullion-news/earnings-flag-more-pain-to-come/tabid/88/a/2792/default.aspx

Jun 29, 202206:44
Will BTC Break Historic On-Chain Rules?

Will BTC Break Historic On-Chain Rules?

Almost all macro indicators for Bitcoin are at all-time lows, signalling potential floor formation. Many are even trading at levels with single-digit percentage points of prior history at similar levels. So, it begs the question, is this the bottom?

Jun 28, 202205:21
Powell throws Biden under the Inflation Bus

Powell throws Biden under the Inflation Bus

In a Capitol Hill hearing Powell was asked yesterday: “Would you say that the war in Ukrain is the primary driver of inflation in America?” Fed Chair Jerome Powell responded: “No. Inflation was high before, certainly before the ware in Ukraine broke out.” The President speaking at the White House later revealed that Congress knew that sanctions would lead to higher gas prices.” Fuel costs bleed into every aspect of consumption leading to greater inflation and reduced purchasing power of currencies. The only question is when precious metals will pop in this highly inflationary environment.

Jun 24, 202204:37
Is 60/40 dead? The “new investing regime”

Is 60/40 dead? The “new investing regime”

With 7 days left for the first half of this year, the S&P500 is posting its second worst H1 in history behind a little crash you may have heard of called the Great Depression. US Treasuries go back to 1788 to see a worse H1. We look at where the traditional ‘60/40 portfolio’ sits and compare to gold…

Jun 23, 202204:17
RBA Jawboning & what a recession looks like

RBA Jawboning & what a recession looks like

Yesterday we heard the RBA chief assure us "I don't see a recession on the horizon”. As we have seen repeatedly since the GFC, central banks have deployed ‘words’ as much as rates and QE in an effort to control markets. Commonly called ‘jawboning’, is that what Mr Lowe is trying on us, is it true, and if not what does a recession mean?

Jun 22, 202205:30
“wildly bullish” signal – best since May 2019

“wildly bullish” signal – best since May 2019

There are some analysts that think the only thing you need to look at to know where the price of gold and silver are going is the weekly Commitment of Traders report that presents all the positions of the big players on COMEX futures. It just got “wildly bullish”…

Jun 21, 202203:52
BTC Hunting For Max Pain

BTC Hunting For Max Pain

The Bitcoin market has reeled from a massive deleveraging event this week, falling below the 2017 US$20k ATH. Both on-chain DeFi markets and off-chain entities deleveraged. Exchanges, lenders, and hedge funds were rendered insolvent, illiquid, or liquidated.

Jun 21, 202206:18
Same Signal as 70’s and 00’s – Gold Set to Soar

Same Signal as 70’s and 00’s – Gold Set to Soar

Another night of deep red on Wall Street last night and another night of gold and silver price strength in the face of it. Markets were rocked by the surprise rate hike of 50bps by the Swiss National Bank but more particularly the expected sell off of their mountain of US shares, particularly the ultra vulnerable FAANGs they’ve gone heavy on. The NASDAQ ended the session down 4.1%. But it wasn’t the Swiss alone. More broadly we are seeing a set up mirroring the huge gold rallies of the 70’s and 2000’s.

Jun 17, 202203:58
Recession the new ‘Transitory’

Recession the new ‘Transitory’

The US Fed has a new yarn to spin you. After months and months of trying to convince the market that inflation was just ‘transitory’ despite all the data, Fed Chair Powell was last night, with a straight face, telling us: “There is no sign of a broader slowdown in the economy that I can see.” Meeting market expectations they hiked rates by a still huge 75bps, the biggest hike since 1994. We discuss why shares rallied and what’s ahead…

Jun 16, 202206:41
Gold & Silver Prospects in 6 Charts

Gold & Silver Prospects in 6 Charts

Its Monday morning so lets keep the words to a minimum and check out some compelling charts for gold and silver and where they sit right now.

Jun 06, 202205:40
“Too Soon to Buy the Dip, Unless It’s Commodities”

“Too Soon to Buy the Dip, Unless It’s Commodities”

The reason our mantra is “Balance your wealth in an unbalanced world” is because in such unprecedented times it should be expected that experts can have such divergent theses on ‘what’s next’. On Monday we spoke to the thesis of Raoul Pal and others of recession, disinflation, Fed easing and risk-on. Today we talk to Crescat’s thesis of recession, sustained inflation, sustained rate hikes, and commodities boom.

Jun 01, 202205:01
“Buy every commodity you can find” - Rabobank
May 30, 202204:04
S&P500 Crosses Rubicon – “Investors forewarned”

S&P500 Crosses Rubicon – “Investors forewarned”

It's now official. After the NASDAQ long since crossed the rubicon, the world’s biggest equities index, the US S&P500 officially turned to bear market having cross the 20% loss line on Friday night. Having reached this juncture after just 2 of the 10 rate hikes predicted and BEFORE any quantitative tightening even starts… the question on everyone’s lips is how strong will the Fed hold its ‘we will not capitulate to save the financial markets’ stance?

May 23, 202205:18
Safe Havens Bid Against More Wall St Losses

Safe Havens Bid Against More Wall St Losses

More red on Wall Street last night on growing concerns about the US economy and its ability to handle higher rates. Whilst ending the session lower the S&P500 again miraculously bounced off the -20% bear market line in the sand without crossing it. However the night was more notable for the surge in both gold and bitcoin against that trend, and likewise bonds bid meaning lower yields in the face of rising rates. We discuss the set up for gold in particular right now.

May 20, 202205:32
Sri Lanka Crisis & Spiralling Inflation

Sri Lanka Crisis & Spiralling Inflation

Sri Lanka is now running out of petrol. Prime Minister Ranil Wickremesinghe warns that the nation has no US dollar reserves and they are now planning to sell their national airline. Shortages are far from confined to Sri Lanka with Bank of England Governor, Andrew Bailey, warning MPs on Monday that the Central Bank has warned of ‘apocalyptic’ food price hikes and that the central bank was helpless in fighting food shortages driven by external shocks such as the Russian-Ukrainian conflict and supply chain issues caused by the zero covid policy in China.

May 19, 202204:44
Historic Week in Crypto.

Historic Week in Crypto.

The Bitcoin market experienced a week for the history books, with the $40B LUNA/UST project hyper-inflating and collapsing, 80k BTC sold by LFG, and the Tether $1 peg coming under pressure. Let’s review the last week…

May 17, 202207:01
Aussie Property at the Precipice

Aussie Property at the Precipice

Its hard to pick up a paper or read the news without headlines around plummeting auction clearance rates, stalled house sales, predictions of big house price falls, and then late last week we got the ABS stats showing new home and construction finance commitments literally halved from the ‘HomeBuilder’ stimulus February 2021 peak and likewise dwelling approvals down 36% year on year. Futures markets have rates rising over 120% on their current levels and we discuss where that sits historically and practically.

May 16, 202207:17
Preparing for Impact – PPI Surges

Preparing for Impact – PPI Surges

Never a dull night on global markets lately… Last night was again a sea of red. The only green was yet again the US dollar (at near 20 year highs) and big cap crypto (coming off massive falls). The S&P500 rallied a little late to avoid falling into an official bear market (20% off recent highs) by just 2bps and the NASDAQ long left the bear market station down 32% and now its biggest fall since the GFC.

May 13, 202206:34
7 Super Bullish Charts for Gold and Silver

7 Super Bullish Charts for Gold and Silver

Less words more charts today as we hit some very interesting junctures in precious metals markets.

May 11, 202205:40
Wall St Whipsaws - What Next?

Wall St Whipsaws - What Next?

Last night continued the biggest sharemarket whipsaw since peak COVD turmoil in mid 2020. After the biggest Fed day surge in 44 years on Wednesday night, last night saw the biggest drop since June 2020 with the NASDAQ down 6% at its worst and 5% at close. The S&P500 was down over 3.5% as well and to complete the reversal of ‘all things’ bonds tanked (yields shot up), the other safe haven of gold also fell back below US$1900, and the USD surged to wipe out yesterday’s gains but saw a much weaker AUD and gold hold steady in AUD terms. So what on earth is going on?

May 06, 202204:14
RBA raises interest rates for first time in a decade

RBA raises interest rates for first time in a decade

Philip Lowe, Chairman of the Reserve Bank of Australia (RBA) announced yesterday that the cash rate target is now 0.35%, with real rates still very negative. This was the first rate rise since November 2010. The time has come to start withdrawing some of the ‘extraordinary monetary support’ that has been injected into the economy since early 2020. They are now forecasting inflation to peak at 6% in 2022 after annualised inflation in the last month came to 5.1%.

May 04, 202205:56
Where Is BTC’s Floor?

Where Is BTC’s Floor?

Bitcoin investors are hanging onto the edge of profitability, with short-term price action threatening to put them back into the red. Meanwhile, a constructive confluence of macro indicators is developing into a clearer picture of a potential bear market floor.

May 03, 202207:07
Negative US GDP & the end of the business cycle
Apr 29, 202206:07
“profound changes in the global economy” & How to Profit

“profound changes in the global economy” & How to Profit

Crescat Capital released their latest monthly research letter late last week and as usual it provides clear and concise insight into macro markets at present backed up with ‘runs on the board’ through the outperformance of their funds.

Apr 28, 202204:56
Juerg Kiener: Gold ‘bargain of the century’ at current spot levels

Juerg Kiener: Gold ‘bargain of the century’ at current spot levels

Speaking on Bloomberg Asia, Founding Partner at Swiss Asia Capital Singapore dropped a number of bombshells in the live interview. In a case of the ‘tail wagging the dog’, outsized silver futures and options leverage outnumber the physical metal more than 100:1. Base metal inventories are quickly running out despite increasing global demand. Finally, of all the metals markets, gold at present spot prices is the bargain of the century, as $5-figure gold will be needed to stabilise global markets in a new currency realignment.

Apr 27, 202204:28
Gold Smashing ATH in Japanese Yen

Gold Smashing ATH in Japanese Yen

The Yen may be one of the first dominoes to fall as the Japanese fiat currency has nose-dived in terms of gold purchasing power, even since the August 2020 highs. Sri Lanka has defaulted on US$35.5bn of foreign debt as sharp commodity price rises lead to massive social unrest. In Europe, the Netherlands Chief CPI statistician blames high energy prices on ‘Putin’.

Apr 20, 202205:03
World Bank & IMF Warn of Stagflation Ahead

World Bank & IMF Warn of Stagflation Ahead

Over the last couple of days both the IMF and World Bank have heavily downgraded global economic growth forecasts whilst both acknowledging and, ironically proposing to fuel more inflation with more stimulation. Hello stagflation…

Apr 20, 202204:01
Onchain Activity Demonstrates Healthy Recovery for Crypto

Onchain Activity Demonstrates Healthy Recovery for Crypto

The Bitcoin market traded lower this week, coming off an opening high of $47,102, and slipping to a low of $42,183. This market weakness follows a relatively modest price break-out from the multi-month consolidation range that has been established since mid-January.

Apr 19, 202204:43
Gold Silver Standard NFTs

Gold Silver Standard NFTs

The AUS and AGS tokens have come a long way since their inception as an ERC-20 token. The natural evolution of the project was to create a series of gold and silver-backed NFTs. Much like how large bullion minters will produce limited runs of special coins, Gold and Silver Standard NFTs give the underlying precious metals artistic value even rarer than the metal itself – with enhanced visuals and a professional tone.

Apr 14, 202205:53
NFTs Are a Big Deal!

NFTs Are a Big Deal!

No doubt over the last few months we have all heard the acronym NFT. It became the buzzword of the crypto-space, with some believing it was just the flavour of the season in a hype-driven market. But, there's more to it… let's explore.

Apr 12, 202207:35
HODLer Dominance Remains in Draw Down

HODLer Dominance Remains in Draw Down

The Bitcoin market pulled back this week after a break-out from the multi-month consolidation range. Prices have thus far struggled to find sustained upside momentum, and there are indications of a modest volume of profit taken by market participants. Let’s dive into the BTC market’s onchain dynamics…

Apr 11, 202205:46
Fed Balance Sheet Reduction Incoming

Fed Balance Sheet Reduction Incoming

Late last week the FOMC minutes from the previous meeting were made public. In them we found that Fed chairs are targeting a maximum of $95bn in balance sheet reduction per month starting in May. The figure is made up of $60bn in treasuries and $35bn in mortgage-backed securities. The minutes also made it clear that inflation is recognised as a major problem, and rate hikes are likely to be 50 basis points at each meeting as opposed to the standard 25.

Apr 11, 202203:51
World Gold Council Q1 Wrap

World Gold Council Q1 Wrap

The World Gold Council just released their figures for both the month of March and also Q1 of 2022. Unsurprisingly given the global geopolitical events and inflation issues before us gold demand was the highest seen in years.

Apr 08, 202205:14
Currency Wars: Competition at Work

Currency Wars: Competition at Work

In 1973 Nixon and Kissenger saved the Dollar by instating the Petrodollar with the Saudis. In return for military support from the US, the Saudi royal family agreed to only sell oil in Dollars. In 1973 the Saudis were the largest energy producer and the US the biggest consumer. It made sense for the two to set the tone. However, in 2022, the picture is very different. Russian gas and oil holds sway and the Chinese are purchasing.

Apr 07, 202206:19
RBA turns hawk – what next for AUD?

RBA turns hawk – what next for AUD?

Yesterday’s Reserve Bank of Australia meeting marked a clear turning point for the Aussie central bank. The same bank that not long ago promised we wouldn’t see rising rates for ‘years’ has been doggedly playing its “patience” card of maintaining an all time low cash rate of 0.1% amid the inflationary onslaught and bubble like housing market. Yesterday “patience” was very clearly removed from the narrative. We discuss

Apr 06, 202206:06
19 Millionth BTC Mined – How Far Have We Come?

19 Millionth BTC Mined – How Far Have We Come?

As the 19 millionth bitcoin is mined, several large public buyers have sparked renewed interest in Bitcoin as pristine collateral. Shrimps and Whales are leading widespread coin accumulation, alongside the Luna Foundation Guard who added over 21k BTC to their balance in nine days. Let’s review how far BTC has come in its short history.

Apr 04, 202205:03
How Gold Performs

How Gold Performs

On Friday we shared the very solid year to date performance of gold this year (and every year since 2000) in a variety of currencies. What is particularly important to note is that the performance of gold this year has been achieved ostensibly with relatively limited ETF involvement as equities traders may have just pivoted from growth to value shares and not yet gold with gusto. We share more of the In Gold We Trust preview charts to illustrate.

Apr 04, 202202:49
More Stagflation & Recession Signals

More Stagflation & Recession Signals

On Monday and Wednesday we stepped through the setup for stagflation in the US, the now ‘baked in’ recession to happen soon and how various assets perform in that environment. We shared preview charts from the highly anticipated In Gold We Trust annual. To address any view things may have changed, overnight we saw more new evidence emerge with the Fed’s preferred inflation measure being released and confirmation spending is dropping. We also share gold’s performance in various currencies this century.

Apr 01, 202203:57
Russia Accepting Rubles and Gold for Oil and Gas

Russia Accepting Rubles and Gold for Oil and Gas

Russia is demanding payment in Rubles for Oil and Gas with a number of Finance Ministers from NATO countries pushing back. With rumours swirling of Russia taking payment in gold or bitcoin for oil and gas, the Russian Central Bank is buying gold from banks at a rate of 5,000 Rubles per gram (AU$2170/oz) from 28 March to 30 June. Putin has argued that trust in the US Dollar has taken a major blow, and that many countries are now starting to convert their paper assets into real reserves of raw materials, land, food and gold.

Mar 31, 202207:01
Recession Baked In – What next?

Recession Baked In – What next?

On Monday we talked to asset performance in a stagflationary environment. Since then we have seen nearly the entire spectrum of US Treasury bonds invert, an event with a 100% track record of ushering in a new recession. Today we look into why and what happens next.

Mar 30, 202206:00
Bitcoin Breaks Consolidation Range

Bitcoin Breaks Consolidation Range

The Bitcoin market has seen a stronger week, rallying off the lows of $40,710 US, and breaking out of the consolidation range to a new local high of $47,649. This is the first sustained rally after many months of sideways choppy price action.

Mar 29, 202206:28