Charles Hugh Smith calls the Federal Reserve an evil organization. Their meddling in the economy results in the concentration of wealth to those at the top of the wealth pyramid and is fueling asset bubbles, creating widening wealth inequality.Discussed in this interview:01:53 Where has the trillions printed gone?05:12 Gap between Fed's theory vs reality08:29 Fed-created cartels16:19 The Fed is ev...Read More
Here for his first appearance with us in 2020, David Morgan, known as The Silver Guru, and founder of TheMorganReport.com, returns to Finance and Liberty / Reluctant Preppers to give us his outlook on where silver, gold, and mining stocks are likely headed. Morgan also shares a healthy dose of his studied philosophical perspectives on the economy, major trends, and impactful pitfalls of our time....Read More
They cut his mic off at the end..."We love Europe, we just hate the European Union."The European Union "gives people power without accountability.""You may loathe populism, but I'll tell you a funny thing, it's becoming very popular."Nigel Farage is a UKIP Member of Parliament for the South East of England. Elected in 1999, he has used his experience of the EU to increase awareness of its activiti...Read More
"In the last few days the progress of the virus, especially in some countries, especially human-to-human transmission, worries us," the WHO Director-General said on Wednesday.Continue...Read More
Katherine Anne Castor who is the Democrat from the 14th district in Florida who is an attorney who apparently became a politician because she has difficulty with understanding the Continue...Read More
The Investing News Network sat down with Frank Holmes of US Global Investors at this year's Vancouver Resource Investment Conference to talk about gold, platinum and palladium, and what's next for precious metals. Frank Holmes is the CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshore funds sp...Read More
"Over the past few weeks we have witnessed the emergence of a previously unknown pathogen that has [resulted in] an unprecedented outbreak." "We must act together now to limit the spread." Continue...Read More
The Centers for Disease Control and Prevention and Illinois public health officials said Thursday the first person-to-person transmission of the coronavirus in the United States has been confirmed. Continue...Read More
Gold prices have been consolidating for a few months already, and the next breakout could take prices to 2011 highs of $1,923, this according to Peter Reznicek, head trader at shadowtrader.net."For me, the target just has to be the prior all-time high in 2011. I'm just looking at the $1,923 level, that would be fine, and then reassess the situation from there," Reznicek told Kitco News.Read More
While investment demand rose to record levels last year, physical demand sharply declined to a nearly 10-year lowContinue...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 376,40146,30986,056192,300553,114654,757685,479 Change from Prior Reporting Period 1,608-10,789-55,418-20,145-11,234-73,955-77,441 Traders 22856825857311180 Small Speculators LongShortOpen Interest 60,78230,060715,539 -4,335-849-78,290 non reportable posi...Read More
The US stock markets dramatically surged mostly in a straight line since mid-October. This extraordinary rally started when the Federal Reserve announced it would resume expanding its balance sheet for the first time in years. The deluge of new liquidity from that quantitative-easing bond buying has again acted like rocket fuel for stock markets. After shooting vertically they are in real...Read More
David SmithIn late December 2019, a bill from the German finance ministry - which had passed the lower legislative house - proposed lowering the "anonymous purchase limit" for precious metals from EUR10,000 to EUR2,000 (about $2,200), a reduction of 80%.At the current price, one could buy less than one and one-half troy ounces of gold without activating customer ID paperwork, and for businesses...Read More
Steve St. Angelo, SRSrocco Report The majority of precious metals investors do not understand the important fundamental factor to acquire and hold gold and silver. While most precious metals analysts promote investing in gold and silver due to the highly leveraged money supply, debt, and derivatives, they fail to warn about the "Energy Impact Factor." In my newest video update, The Amazing...Read More
By: Robert LambourneSince May 2019 the Bank for International Settlements, which represents most central banks, has increased its use of gold swaps and other gold-related derivatives from an estimated 78 tonnes to an estimated 313 tonnes as of December 2019.The bank's total gold swaps and derivatives stood at 250 tonnes in November 2019.The BIS uses gold swaps and other gold derivatives to gain...Read More
Dave KranzlerThe total US market valuation at $33.9 trillion is 157.4% of the last reported GDP. It's the highest market valuation ever. The more the policy-makers try to pump and jawbone the market higher, the worse the consequences will be on the downside when the rug is pulled out from under stocks. The trigger could be anything. Eventually the market will acknowledge and accept the fact th...Read More
By: Ira EpsteinGold higher lows and higher highs. $1,567.90 key short-term support. 18-dma at $1,568+Read More
Bob Moriarty of 321gold discusses a junior explorer that has taken on two major gold properties in Nevada. In every precious metals cycle there comes a time where a company has good assets but for one reason or another has failed to garner traction and has to pretty much give away projects. That point came for Canarc (CCM-V) last year. They pretty much gave away a high-grade gold project with ove...Read More
An operations update on one of the company's projects is provided in an Echelon Wealth Partners report. In a Jan. 28 research note, analyst Ryan Walker reported that Echelon Wealth Partners raised its target price on Pure Gold Mining Inc. (PGM:TSX.V; PUR:LSE) to CA$1.35 per share from CA$1 after updating gold price and forex assumptions in its model on the company. The company's shares are curren...Read More
Following up on some of our recent metals research, we wanted to alert our friends and followers to the incredible opportunity that still exists in Silver. We’ve highlighted two of our more recent articles for reference and review, below. Silver continues to be one of the most incredible opportunities for 2020 and Silver Miners (SIL) could explode to the upside as the price of Si...Read More