As markets spent the past month "oblivious to the economic reality" by recovering from their precipitous falls, the clear winner was the 'safe haven', gold.David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing...Read More
The European Union will ban most Americans from traveling into the 27 nation bloc, along with Russia and dozens of other countries considered too risky.Continue...Read More
On Friday, Broderick was fired for plagiarism after BuzzFeed's new editor-in-chief, Mark Schoofs, published "A Note To Our Readers" detailing eleven instances whereContinue...Read More
If we can't stop the massive deficits and rampant currency creation, we might as well embrace the resulting stagflation and keep stacking.Continue...Read More
Continue...Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist. Read More
Despite Vice President Mike Pence declaring that "Fatalities are declining all across the country," some scientists are concerned that the fatality rate will drastically increase in the coming weeks. Continue...Read More
"We thought this was only a respiratory virus. Turns out, it goes after the pancreas. It goes after the heart. It goes after the liver, the brain, the kidney and other organs. Continue...Read More
Chinese officials expressed "strong dissatisfaction" with U.S. sanctions over a new national security bill on Hong Kong, warning the U.S. not to cross "red lines" nor meddle in what China considersContinue...Read More
The $10 Federal Reserve Note today would only buy a little more than a half-ounce of silver. However, back in 1934, a $10 Silver Certificate Continue...Read More
With the gold price refusing to be knocked down below the $1,700/oz. level, it finished the weak above $1,750 [spot] and looks to be building a base, readying for its next leg higher. With continued monetary and fiscal malfeasance, showing no signs of abating anytime soon, it Is only a matter of time until new all-time highs in gold are reached. This will bode very well for the mining stocks. Th...Read More
MMX President Stefan Gleason: Why You Need REAL MONEY Like Never Before and How to Avoid One HUGE Mistake... Don't want to listen? Read the podcast below!Stefan Gleason, Money Metals ExchangeWelcome to this week's Market Wrap Podcast, I'm Mike Gleason.Coming up we'll hear an interview with Money Metals president Stefan Gleason, who was a featured guest during the recent 360 Gold Summit. Stefan...Read More
Gold miners' stocks rocketed out of mid-March's stock panic, breaking out to major new bull-market highs in mid-May. Such blisteringly-fast gains, and gold stocks' upleg stalling out since, have left many traders nervous about this sector. Calls for a serious selloff are mounting. But arguing in favor for more near-term gains to come, gold stocks never grew overvalued in this post-panic...Read More
In accepting the Democratic nomination for the presidency on July 2, 1932, President Franklin D. Roosevelt spoke of a "new deal for the American people" who had been ravaged by the Great Depression. After winning the 1932 election by a landslide, FDR, as he came to be known during World War II, took immediate action to bring about economic relief to the unemployed through public works programs,...Read More
SRSrocco When the results are released, the second-quarter economic data will be the worst on record. With the massive money printing by the U.S. government, public debt has ballooned more than $3 trillion since the lockdown of the domestic economy. The total U.S. public and private debt will likely surpass $80 trillion in Q2 2020.Here is my last update for the U.S. Total Debt All Sectors...Read More
Bob Moriarty of 321gold explains why he is investing in this company with a project in Bolivia. I expect to get very boring over the next few months. While I have been warning for years of a massive financial collapse coming to the world few people actually get it. We are in a depression. There is $250 trillion worth of debt in the world that will never be paid. It is going to grow far worse than...Read More
With most of its project permitted, Granite Creek Copper now can explore the highest priority areas. Granite Creek Copper Ltd. (GCX:TSX.V) received an exploration permit for its Stu copper-gold project in the Yukon's Minto Copper District and began mobilizing exploration crews, it announced in a news release.The 10-year, class 4 permit allows for exploration of 68 square kilometers of the norther...Read More
This payment comes from one of two producing royalties Ely Gold Royalties holds on the asset. Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQX; I4U:FSE) announced in a news release it received its initial royalty payment from the Jerritt Canyon project in Nevada and filed the requisite NI 43-101 technical report.The payment, which covered net smelter returns royalties accrued between Feb. 3 and Ma...Read More
SRSrocco When the results are released, the second-quarter economic data will be the worst on record. With the massive money printing by the U.S. government, public debt has ballooned more than $3 trillion since the lockdown of the domestic economy. The total U.S. public and private debt will likely surpass $80 trillion in Q2 2020.Here is my last update for the U.S. Total Debt All Sectors...Read More
Adam HamiltonArchivesJun 26, 2020Gold miners' stocks rocketed out of mid-March's stock panic, breaking out to major new bull-market highs in mid-May. Such blisteringly-fast gains, and gold stocks' upleg stalling out since, have left many traders nervous about this sector. Calls for a serious selloff are mounting. But arguing in favor for more near-term gains to come, gold stocks never grew overval...Read More
The Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, was passed by Congress on March 27, 2020. The $2.2 trillion stimulus package provided relief for Americans and for businesses who were reeling from the effects of the coronavirus pandemic. The package included financial help in the form of stimulus checks of up to $1200 for eligible Americans. On May 15, 2020, the...Read More