Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
Harley Schlanger's work can be found at LaRouchePAC.com.Read More
Every day brings new indications that the financial world is going from already nuts to even nuttier. According to Bloomberg, the total amount of bonds outstanding globally that are trading with a negative yield exceed for the first time $15 trillion. This includes government and corporate debt, and also some euro junk bonds that have joined the elite group.The Fed was dabbling in trying to stop t...Read More
Overnight, Heng Feng Bank was bailed out (in a more unusual way than Baoshang Bank and Bank of Jinzhou) were bringing the total number of Chinese bank bailouts to 3 in just the last 3 months!Bailout #3: Chinese Bank With $200 Billion In Assets Is Nationalized https://www.zerohedge.com/news/2019-0...Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contr...Read More
All markets go up. All markets go down. No market ever goes straight up unless it's the end of the world and in that case why would you give a shit?Continue...Read More
The UK economy shrank by 0.2% between April and June. It won't stop there. Germany is also in contraction.Continue...Read More
"Clearly, they are manipulating their currency from a trade point of view...They're going to, and we're going to take strong action against them."Continue...Read More
Ambulances covered in protective film transport six Russians who suffered severe radiation poisoning in mystery explosion during 'test of new hypersonic missile'Continue...Read More
We are not saying that gold and some gold stocks have notperformed well particularly after 2013-2014. Many gold stocks have put in outstandingperformances while many of the so called experts in the investment world missedthem. Note well that the major American brokerage industry willnot and has proven incapable of ever offering timely and accurate advice forgold and gold stocks. Generally speaki...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 350,55858,01349,905137,010461,335537,473569,253 Change from Prior Reporting Period 38,3441874,206-4,15432,20438,39636,597 Traders 23566765661312185 Small Speculators LongShortOpen Interest 62,84431,064600,317 -1,37742237,019 non reportable positionsChange...Read More
Steve St. Angelo, SRSrocco Report After six long years, the precious metals are finally setting up for BIG MOVES higher. Even though the gold price has increased significantly over the past two months, we haven't seen anything yet. Of course, gold has already enjoyed big moves in other currencies such as the British Pound where it has reached an all-time new high. However, we have to be a...Read More
The US stock markets are becoming more unstable, fueling mounting anxiety about what's likely coming. After surging to new all-time-record highs in late July, stocks plunged in a sharp pullback as the US-China trade war escalated. Stock markets' resiliency in the face of bearish news is partially determined by how companies are faring fundamentally. The big US stocks' just-reported Q2'19 r...Read More
David StockmanCall it the monetary theater of the absurd. After all, here is what a determined currency manipulator did between September 2002 and July 2008.To wit, it pumped about $200 billion of new dollar liabilities into the world financial system, thereby expanding the Fed's balance sheet by 26%. Clearly, global traders and US trading partners didn't welcome that flood of freshly minted...Read More
Gary TanashianHave you heard the news? US Treasury bonds are sky rocketing as it turns out there is no inflation amid a global central bank NIRP-a-thon and race to the currency bottom. Going the other way, our 30yr Treasury yield Continuum is burrowing southward.If you check out yesterday's post you'll see proof that the 2018 NFTRH view that people should tune out the bond experts instructin...Read More
Dr. Stephen Leeb & Chris Waltzek Ph.D. - August 7th, 2019. .Mp3 file. RecapBest selling author and show Mentor, Dr. Stephen Leeb returns with insights on the financial markets.Dr. Leeb is especially fond of the yellow metal, which recently touched a new 6-year record.The BIS changed its stance on gold, which it now views as compared to cash, boosting demand.Ironically, gold is the true cas...Read More
By: Ira EpsteinGold market is a bit excessive and overbought. It has broken out to the upside..Read More
Dear Friend of GATA and Gold:In a letter he titles "Too Early to Throw in the Towel on Central Bank Gold-Market Rigging," our friend J.U. writes"Great piece you wrote about precious metals breaking out to the upside (http://gata.org/node/19326) but I suspect it is way too early to think that central bank market riggers have thrown in the towel on suppressing them."What I see, despite all the exc...Read More
You've been warned.You're enjoying the rising tide that's lifted your IRA, 401-K, and home valuation.?EUR<..You know you're at risk...You know you're riding on a bubble...You've told yourself you'll take some steps to deal with it...Some day... Pretty soon...But you've gotten too busy...And on the news, and the president, and lots of people are saying everything's going to be okay...But you know i...Read More
Time Stamp References:0:40 - Building First Majestic Silver.3:00 - Silver the misunderstood metal.5:30 - Are we back in a bull market for gold?7:20 - Institutional money is coming back.8:30 - How will the resource equities perform?11:00 - Management teams are key.Keith discusses the early days of building First Majestic Silver. People thought he was crazy to start a silver company, but they are no...Read More
Aug 12, 2019 Guest(s): Anthony Scaramucci Former White House Communications Director Anthony Scaramucci, former White House Communications Director, no longer supports President Donald Trump for re-election, admitting that he couldn't agree with the president's divisive political stances. "I think a lot of his policies have been great, but I think we run the risk here if we run this 100 - 0 lit...Read More