Sep 18, 2019 Guest(s): Pierre Lassonde Chairman, Franco-Nevada Gold's trajectory over the long-term is several thousand dollars higher, with an average target price of $12,500, and it only makes sense when you look at the historical growth of the metal, this according to Pierre Lassonde, chairman of Franco-Nevada. "If I use the compounded annual growth rate over 50 years, that's got to give you...Read More
"These are obviously targeted to young people and highly effective at targeting young people." Continue...Read More
"The lies being told about him are unbelievable. False Accusations without recrimination. When does it stop? They are trying to influence his opinions. Can't let that happen!" Continue...Read More
"Based on the attack on Saudi Arabia, which may have an impact on oil prices, I have authorized the release of oil from the Strategic Petroleum Reserve, if needed, in a to-be-determined amount..."Continue...Read More
"Saudi Arabia oil supply was attacked. There is reason to believe that we know the culprit, are locked and loaded depending on verification, but are waiting to hear from the Kingdom"Continue...Read More
Oil prices spiked more than 15% to their highest price in nearly four months after an attack on Saudi Arabia's oil facilities over the weekendContinue...Read More
Gold spikes to $1,506 from $1,488.75 the low on Saudi Arabia headlines. Continue...Read More
Gold is inversely correlated to the trend in real interest rates. As a result, Fed rate cuts and/or rising Continue...Read More
It was a hot monetary policy meeting yesterday. Faced with slow inflation and bleak growth, the ECB eased again, delivering a fresh stimulus package. What does it mean for the gold market? ECB Strikes Back in Response to Subdued InflationAmid the continued shortfall of inflation, the ECB cut its deposit rate by 10 basis points from -0.40 to -0.50. Yes, you read it correctly, from negative 0.40 to...Read More
The 10-year US Treasury yield rips. Unstoppable negative yields become stoppable.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 Man...Read More
What was "possible" yesterday is now a low-cost proven capability, and the consequences are far from predictable.Continue...Read More
Adam HamiltonArchivesSep 13, 2019 Gold reversed hard last week after blasting higher for a month, leaving traders wondering why and what that portends. The answers are found in gold's dominant short-term driver, speculators' collective trading in gold futures. Their positioning has grown excessively bullish, they are essentially all-in betting on more gold upside. That spawned a massive and ominou...Read More
Sector expert Michael Ballanger uses storytelling and personal experience to unpack the myths and machinations behind the precious metals and financial markets. "Destroyers seize gold and leave to its owners a counterfeit pile of paper." Ayn Rand Why don't we start things off a tad differently this evening? Let me relate to you all a parable from the Book of Quantitative Easing where all is good...Read More
This newly found mineralized zone remains open in all directions. Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) announced in a news release that recent drill results returned some of the highest-grade and longest intercepts ever encountered at Black Pine in Southern Idaho. Further, results outlined a second, high-grade zone of oxide gold mineralization, called the Discovery 2 zone, which is subparall...Read More
We've all seen the commercials with the gray-haired couple sipping champagne on the beach or the grandfather teaching his grandkids how to fish at the lake house.But financially speaking, how realistic are these depictions of retirement?According to the latest Consumer Expenditure Survey, produced every year by the U.S. Bureau of Labor Statistics, "older households" - defined as those run by someo...Read More
Harley Schlanger's work can be found at LaRouchePAC.com.Read More
Part 1 (part 2 below)Part 2There is free information and analysis on Kevin Shipp's website called ForTheLoveOfFreedom.net. You can also buy a copy of Shipp's book called "From the Company of Shadows." Read More
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 Manager and COO of a large Ford dealership and its subsidiaries. Read More
LONDON, 14 September 2019 - Two UK customers of BullionVault are interviewed and quoted today by the Wall Street Journal - the US financial markets' newspaper of record - in an article about how Brexit is affecting UK demand for investment gold.One customer "bought gold for the first time over the summer because he 'felt there was such volatility with Brexit and China versus America' and sees gold...Read More
LONDON, 14 September 2019 - BullionVault is named as a simple way to invest in physical gold by FT Money, the award-winning personal finance section of the Financial Times' weekend edition.Looks at the pros and cons of holding gold alongside other investment assets, FT Money gives 4 ways to get involved. Looking at physical gold, it names only BullionVault among possible providers.Read the full s...Read More