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Brien Lundin: The new, old safe haven

Section: Daily Dispatches

By Brien Lundin
Gold Newsletter / Golden Opportunities
Metairie, Louisiana
Wednesday, November 9, 2022

It’s been an interesting ride for investors over the past week — and an exhilarating one for gold and silver investors.

First we had the Fed meeting last week, with Fed Chairman Jerome Powell essentially doubling down on his commitment to continue tightening in the fight to rein in inflation with little regard for the consequences.

... Dispatch continues below ...


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In fact, he noted, the Fed always had the tools of renewed easing to repair any damage to the economy or fix whatever they broke in the financial system.

As I put it in an alert to our subscribers at the time, "So, back to the boom-bust roller-coaster ride of managed monetary policy, in which every course correction is an over-steer that leads to the necessity of another."

In reaction to the Fed's hawkishness last Wednesday, U.S. stocks sold off severely, while gold and silver suffered relatively less damage. The next day, gold dropped a bit again, but silver actually rose.

Then came the fireworks.

On Friday gold soared in a fashion that we've rarely seen, leaping $52, or over 3%, while silver catapulted over 7% and the mining stock indices gained over 10%. ...

... For the remainder of the analysis:

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Toast to a free gold market 
with great GATA-label wine

Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.

Here's what the bottles look like:

Buyers can compose their case by choosing as many as four varietals from the list here:

GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?

To order a case of GATA-label wine, please e-mail Fay J Winery at

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Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --

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