Whose bets are getting bailed out by the Fed's repos & Treasury bill purchases?Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manag...Read More
By the way, Chicago is not "headed" for insolvency, it's already there, but it is just not recognized yet.Continue...Read More
"This was a serious failure from a technical and compliance perspective. After reviewing the sites' data-privacy policy and terms and conditions."Continue...Read More
The reality of the matter is far askew from how pretentious environmentalists present it. In fact, RT reports that avoiding all of the "green" eco-friendly products Continue...Read More
LONDON, 3 November 2019 - BullionVault tips and money-saving suggestions are quoted at length today in a full-page article about buying gold for investment in the finance section of the Mail on Sunday, the UK's best-selling mid-market tabloid newspaper.Asked about British gold Sovereign coins - sometimes promoted as 'rare' or highly collectible - "Do not feel pressured into buying due to a special...Read More
China has high ambitions for its state-controlled digital currency.Continue...Read More
LONDON, 3 November 2019 - BullionVault tips and money-saving suggestions are quoted at length today in a full-page article about buying gold for investment in the finance section of the Mail on Sunday, the UK's best-selling mid-market tabloid newspaper.Asked about British gold Sovereign coins - sometimes promoted as 'rare' or highly collectible - "Do not feel pressured into buying due to a special...Read More
Adam HamiltonArchivesNov 01, 2019 The gold miners' stocks have surged in 2019, blasting higher after gold's first bull-market breakout seen in several years. That powerful summer rally left them really overbought, necessitating a correction to rebalance exuberant sentiment. That grinding consolidation lower has set them up nicely for their winter rally, this sector's seasonally-strongest time of t...Read More
In conversations with Maurice Jackson of Proven and Probable, Jayant Bhandari offers his thoughts on geopolitical unrest in the Middle East, Latin America, and elsewhere, and how these issues affect the precious metals markets and the accumulation of wealth. Maurice: Joining us for a conversation is Jayant Bhandari, the founder of the world-renowned Capitalism & Morality, and a prominent, highly...Read More
The Canadian company expects to release the results early next year. Libero Copper and Gold Corp. (LBC:TSX.V:, LBCMF:OTCQB) announced in a news release it finished its initial work program at its Big Red property in British Columbia's Golden Triangle.The program encompassed reconnaissance prospecting over a sizable area, continuous rock chip sampling from mineralized outcrop, core drilling and Z-...Read More
One, which was large, high grade and within meters of surface, is of major import. Great Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTCQX) made three additional gold discoveries in recent results from drilling primarily along the LP Fault at its Dixie project in Ontario's Red Lake District, it announced in a news release. Results focused on the new Yauro zone, situated between the Yuma and Auro zones....Read More
The Silver price soared during August as it played catch up to the Gold bull run, Silver peaking at a high of $ 19.75 early September before like Gold entering into a correction to a low of $16.94 late September and trending weakly higher during October to currently stand at $18.07, a2 month trend similar to that of the gold price. (Charts courtesy of stockcharts.com)First a recap of my recent Sil...Read More
Recently, the US stock market rallied to new all-time highs which prompted an almost immediate celebration. A day later, the US stock markets reacted by setting up multiple top rotation patterns. The next day, a moderate price rally set up after the US Fed decreased rates by 25 basis points. The next day, the markets sold off dramatically with heavier volume – prompting the...Read More
Dear Rich Lifer,Whether you're a bright-eyed youngster just beginning the walk of adulthood, or a seasoned veteran of the world, basking in the joys of retirement, the home-buying process can be daunting.Buying a home, even if you have done it in the past, requires an incredible amount of work.Selecting a location, finding a house, filing all the appropriate paperwork with what feels like a dozen...Read More
Max talks to David Morgan of The Morgan Report about what he sees in the turmoil in the repo markets. They also discuss China's gold purchases and whether or not he agrees with Alasdair MacLeod's belief that China could announce they have more than 10,000 tons of gold.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a we...Read More
If you're not already worried about the U.S. economy and markets over the next few years, this interview of successful investor Jeffrey Gundlach will certainly help you along the way. Continue...Read More
Continue...Bill Fleckenstein is the President of Fleckenstein Capital and writes a popular column 'Contrarian Chronicles' for MSN Money as well as the daily Market Rap column for his website: Fleckenstein Capital. Bill has appeared at one time or another in virtually all financial media including Bloomberg, CNBC, The New York Times, MSN, Marketwatch, Barron's and more. Bill is a highly sought afte...Read More
"So I want to thank you for what you've been doing and encourage you, Steve, to do more - more, a lot more."Continue...Read More
The Silver price soared during August as it played catch up to the Gold bull run, Silver peaking at a high of $ 19.75 early September before like Gold entering into a correction to a low of $16.94 late September and trending weakly higher during October to currently stand at $18.07, a2 month trend similar to that of the gold price. (Charts courtesy of stockcharts.com)First a recap of my recent Sil...Read More
Recently, the US stock market rallied to new all-time highs which prompted an almost immediate celebration. A day later, the US stock markets reacted by setting up multiple top rotation patterns. The next day, a moderate price rally set up after the US Fed decreased rates by 25 basis points. The next day, the markets sold off dramatically with heavier volume – prompting the...Read More