It's no secret that the precious metals markets have been in the dumps for the past 4 - 5 years. It was nearly impossible to raise capital and they were shunned by investors and lenders alike. Now things are looking up. The vibe at the Vancouver Resource Investor Conference was decidedly upbeat and positive. When will gold and silver move higher is the question. Probably sooner rather than later.J...Read More
Max talks to Chris Martenson of PeakProsperity.com about the 'fourth turning,' mass unrest, excessive money printing from the central bank, and gold markets. Link to the book Chris discusses: The Fourth Turning: An American Prophecy - What the Cycles of History Tell Us About America's Next Rendezvous with Destiny Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a finan...Read More
While I was at VRIC, Trump was in Davos touting to other world leaders the "unmatched" period of prosperity America is experiencing, thanks to him.Trump claims that nobody benefits more from his presidency than the middle class. In reality, the only people benefitting are the asset owners - the 1%.There are more women than men in the workforce for the first time ever. Housing prices and household...Read More
Egon sees the 2008 Global Financial Crisis as only a 'rehearsal' and that the real economic crisis is not far away. He also expects the gold silver ratio to go down to 30 as a result of silver prices rising three times faster than gold in the coming years.Discussed in this interview:04:54 Gold is the best form of insurance11:27 Swiss attitude towards gold14:55 Switzerland refining LBMA gold bars i...Read More
"At present, there is an obvious increase in the number of patients with fever in the city, and it is true that there are long queues and a shortage of beds in fever clinics."Continue...Read More
Every single health record is going to wind up in these systems. All of them. And they will be used against you. There is nothing in the law to prevent that.Continue...Read More
Ronald Stoeferle, managing partner at Incrementum AG, calls in to discuss pressing monetary matters and to review the investment merits of the Money of Kings.4:22 Institutional distrust means opportunity11:34 Deflation and the U.S. dollar18:14 The miners: a dismal past but a better future?25:09 Gold and crypto, monetary cousinsJames "Jim" Grant is an American writer and publisher and the founder o...Read More
The easiest money will continue to be made in precious metals, says Rick Rule of Sprott. But patient speculators may want to consider uranium. Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His com...Read More
Jordan Roy-Byrne steps away from the gold charts and looks to the bond market and USD as barometers for the precious metals. With yields looking like they have topped a couple weeks ago the direction which is now falling yields is very important. As for the dollar the question remains, is this year when we see the dollar breakdown?Jordan Roy-Byrne, CMT is a Chartered Market Technician and member o...Read More
This week in Boomer tweets: - Peter Schill can't remember password, loses Bitcoin.Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast. Jeff is known to be an anarcho-capitalist activist and has written extensively about the impending collapse of the US dollar-based financial system.Read More
"It will defend American taxpayers from having their hard-earned dollars siphoned away to finance the direct and downstream costs associated with birth tourism."Continue...Read More
"The actions announced by the OCC today reinforce the agency's expectations that management and employees of national banks and federal savings associations provide fair access to financial services, treat customers fairly, and Continue...Read More
Toxic chemicals linked in some cases to cancer, liver damage, low birth weight and other health problems are present in US tap water in levels far higher than was previously believed, according to a new report. Read More
It is unlikely that President Donald Trump would be defeated at the November 2020 presidential election, said Mickey Fulp of the Mercenary Geologist, but should that happen, copper and other base metals would take a hit."If Trump is defeated, I think that would be negative for the base metals because a president that will come in on the Democratic side is not going to lean on China the way that ma...Read More
The gold and silver markets are small enough that any significant inflow of capital could push prices higher, this according to Jeff Clark, senior precious metals analyst of GoldSilver.com."The gold market is so small that Warren Buffett could take less than 5% of his cash and buy every registered ounce of gold on the COMEX," Clark told Kitco News on the sidelines of the Vancouver Resource Investm...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 374,79357,098141,474212,445564,348728,712762,920 Change from Prior Reporting Period -2,016-4764,355-8,913-6,829-6,574-2,950 Traders 23370845859326186 Small Speculators LongShortOpen Interest 65,11730,909793,829 3,520-104-3,054 non reportable positionsChan...Read More
- Gary TanashianI most often use linear scale charts for stocks, markets and indicators for their more absolute views. But in the case below we conjure up a long-term log scale chart showing the Gold/Silver Ratio (GSR) and the S&P 500 (SPX), as it works better in providing a percentage-based relationship between an indicator of market liquidity and inflation when declining and lack of liquid...Read More
The gold miners' stocks have spent the past half-year mired in a high consolidation. They haven't been able to break out, but aren't breaking down either. This technical purgatory is working to slowly bleed off overboughtness and rebalance sentiment. This necessary process to eradicate greed from the last upleg peak is never exciting. But today's low gold-miner valuations reveal great...Read More
Gary SavageI mentioned at the 2:00 mark that we would probably see an attack this morning. We did indeed get a major attack. A full days volume was thrown at gold before the market had even opened. The closer we get to the FOMC meeting the more dangerous these attacks will become. So I'm still waiting for a close above the Sept. high as confirmation the next leg has begun. (orig. published on J...Read More
Ray Dalio of Bridgewater via Quotefancy? + "Cash is trash" and investors should diversify and own gold as part of a diversified portfolio, world's largest hedge fund manager told CNBC (see news below) at Davos? + For the second time in as many weeks, the world's largest hedge fund, Bridgewater and its founder Dalio is encouraging investors to diversify into gold as a hedge? + The billionaire inv...Read More