Peter Krauth discusses Warren Buffett's big move into gold and discusses why the price of the metal is likely to climb much higher.Warren Buffett has long been known as one of the biggest gold-haters around. Yet in one move he's helped gold go mainstream.The "Oracle of Omaha's" about face could be the ultimate Buy Signal.For millions of investors, seeing Buffett dump banks while buying gold is lik...Read More
* Global equities gain for second session * Investors eye Fed Chair's address at Jackson Hole * Interactive graphic tracking global spread of coronavirus:open in an external browser (Updates prices)By Diptendu LahiriAug 24 (Reuters) - Gold prices rose on Monday as the dollardipped, making bullion cheaper for holders of other currencies,but hopes for progress in the treatment of COVID-19 limitedgai...Read More
Martin Armstrong is a world renown economist and the creator of the Economic Confidence Model. He is the founder of Armstrong Economics - a public service and blog for the average person to comprehend the global economy and for professionals to access the most sophisticated international analysis possible. He published a book in 2019 called Manipulating the World Economy.Read More
"We are basically entering into a war period, and it's dangerous. . . . There are many different layers, but this is what World War III looks like. The people running things and centralizing economic power and control are saying we don't want to share the subsidy anymore with the general population. . . . This is a spiritual war between good and evil. Part of that war spreads out to invisible tech...Read More
MacroVoices Erik Townsend and Patrick Ceresna welcome Jesse Felder to the show to talk about the new all-time highs in the stock market and what that means, if the bond market is the key to stopping the Fed's money printing and outlook on gold & much more.Jesse Felder is a former hedge fund manager and founder of The Felder Report.Read More
Peter Schiff talks about Jim Rickards' $15,000 gold prediction, Warren Buffett buying gold, the potential inflationary effect of another Covid shutdown and Ron Paul's legacy as a congressman. Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital...Read More
As a percentage of GDP, European countries have done way more bailouts and loan guarantees than the US (see chart on screen) since the pandemic started. In early June the ECB announced what some are calling QE Infinity:1) QE infinity? The European Central Bank's emergency stimulus has no real end in sight https://www.cnbc.com/2020/06/05/ecb-c...2) The ECB just announced $676 billion of new stimulu...Read More
Jeff Deist, former chief of staff for Congressman and presidential candidate Ron Paul, joins WindRock to discuss:?EUR? Why today's polling may not accurately reflect the likelihood of election results;?EUR? What each candidate should do to win the election;?EUR? Which scenarios may generate a contested election;?EUR? How a Democratic victory could result in a "New Reconstruction" against "red" sta...Read More
With little to no oversight and few (if any rules) on their usage, the federal government now flies spy planes above Americans. Continue...Read More
There is no dancing allowed in New York's bars and restaurants, even at a wedding reception, according to the New York State Liquor Authority.Continue...Read More
Millions of people are about to enter a financial purgatory, becoming little more than modern-day slaves. While they'll be reported by the media as those "evicted" or "foreclosed on", if we define a slave as Continue...Read More
For GDX, $37 was previous resistance and figures to be tested as support. It marked important lows in 2009 and 2012 as well as resistance in May 2020 and is also a strong Fibonacci level.Continue...Read More
'I will be prepared to do whatever it takes to save lives because we cannot get the country moving, until we control the virus,' Biden said.Continue...Read More
"He was a traitor and the information he provided our adversaries greatly hurt the safety of the American people," Barr said. "He was peddling it around like a commercial merchant. We can't tolerate that."Continue...Read More
"Many businesses face solvency risks that are not addressed by borrowing; a debt overhang cannot be cured by more borrowing no matter how cheap it may be."Continue...Read More
One of the bigger pieces of recent gold market news was that Warren Buffett made an investment in Barrick Gold. The move seems in contradiction with many of Warren's former comments on gold. Dave Kranzler explains what he thinks is going on.Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from...Read More
Growth of Troilus Gold's project resource and expectations for the imminent PEA are addressed in a PI Financial report. In a July 29 research note, PI Financial analyst Philip Ker wrote that "the ongoing resource growth and remaining upside from the new Southwest zone" at Troilus Gold Corp.'s (TLG:TSX; CHXMF:OTCQB) Troilus asset "paves the way for future growth and the foundation of a near-term p...Read More
Ron Struthers of Struthers Resource Stock Report profiles Aztec Minerals, and explains why he believes the junior explorer stands out. Gold continues to consolidate around $1950 as I expected. That said, a dip lower would not surprise me, but I believe the odds are higher for the next move to be upwards. I added in Commitment of Traders numbers and it is very different this time. In the past when...Read More
Technical analyst Clive Maund charts Aben Resources and explains why he has a buy recommendation on the stock. Aben's Forrest Kerr Gold ProjectAben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB) hasn't done much since we bought it at a good entry point in mid-July, and in truth it can be seen to have "dragged its feet" since that time, as we can see on its latest 4-month chart below. However, it still l...Read More
Sector expert Michael Ballanger discusses the recent week in the precious metals markets. I was sitting with my partner on the porch this evening watching the squirrels and chipmunks and cardinals and blue jays all feasting upon a smorgasbord of sunflower and other assorted seeds amid a conflagration of floral colors exploding in our front garden. As I was trying desperately to nail down a topic...Read More