By: Ira EpsteinGold came alive as the markets brought rates down. Gold still very much sideways on long-term view. It has been a long time!Read More
Will you still be working by age 70? It's a fair question.According to a recent survey by the Employee Benefit Research Institute, nearly one-third of workers predicted they'd be working until age 70 or older, and only 10% expected to retire before 60. The reality is only 7% of the retirees surveyed worked until at least 70, and more than one third quit work before age 60. And this wasn't a fluke...Read More
Jun 04, 2019 Guest(s): Clem Chambers CEO, ADVFN When it comes to recognition as "money" and a "store of value," bitcoin outcompetes gold on its practicality and versatility, said Clem Chambers, CEO of ADVFN and author of the bestseller "101 Ways to Pick Stock Market Winners." "I could not take enough gold out of the country for it to be useful to me if I had to leave the country; if I was a Sout...Read More
Jason talks about another Chinese bank in trouble. This time it is the much larger, Bank of Jinzhou rather than Baoshang Bank. And now that a larger bank is in trouble, this rising counter party risk between Chinese banks could mean that Chinese banks stop lending to each other entirely without the PBOC guaranteeing all the loans. Jason Burack is an investor, entrepreneur, financial historian, Aus...Read More
"What we have been taught and what we have been conditioned is that basic rights are a luxury and a privilege when they are not."Continue...Read More
Marin takes a contrarian viewpoint on several issues that many may find controversial. Unlike most resource investors, he feels that there is sufficient capital overall in the mining sector. He thinks that debt is about to get more expensive and that the US dollar will strengthen for the next couple of years. Marin feels that uranium will under-perform as sufficient supply remains. Lastly, he does...Read More
The stock market seems to rise or fall almost daily based on the latest news from the front lines of the trade wars.When Trump threatens new tariffs and China threatens to retaliate in kind, stocks fall. When Trump delays the tariffs and China agrees to resume negotiations, stocks rise. And so it goes. It has been this way since January 2018 when the trade war began.The latest dust-up came late la...Read More
The stock market seems to rise or fall almost daily based on the latest news from the front lines of the trade wars. When Trump threatens new tariffs and China threatens Continue...Read More
LONDON, 3 June 2019 - Germany's international news service Deutsche Welle today quotes BullionVault analysis and comment in a report on Malaysia's Prime Minister Mahathir Mohamad calling for a new East Asian currency backed by gold."While Mahathir's latest call for some kind of gold backed payments system is more thoughtful and sincere than most such suggestions, it's more political than economic,...Read More
Peter Schiff & Chris Waltzek Ph.D. - May 30th, 2019. * Mp3 File. HighlightsPeter Schiff, head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX)returns with key insights.Our guest notes the Wall Street adage, "Sell in May and Walk-away..." where investors look for bargains later in the year.Peter Schiff expects a bear market to overtake US equities.The trade skirm...Read More
The market is now in position to crash. This is not something that will arrive as "a bolt out of the blue" - it has been setting up to do this for a long time. On the 6-month chart for the Dow Jones Industrials below we can see that on Friday it broke down from a Head-and-Shoulders top that had been forming since February, and the longer-term 5-year chart for the S&P500 index lower down the page...Read More
Gold stocks now have their best chance in months to rally.Major improvement in gold's internal momentum profile is the reason.Gold could also follow the XAU's lead higher at some point next month.One of the things which held gold back from rallying in May was the extreme liquidation of gold mining shares. The past two months was indeed a bad time to be a holder of gold stocks, as the PHLX...Read More
Finland's next government, encompassing five parties from the left and center of the political spectrum, will increase spending by about 4 billion euros ($4.5 billion), Iltalehti reported, citing a draft of the government program agreed on Friday.The incoming cabinet, led by Prime Minister-designate Antti Rinne of the Social Democrats, is due to unveil its program and composition, including minist...Read More
Community leaders from the district of Chilcaymarca in the southwestern Castilla province are threatening Peru's Compa???-a de Minas Buenaventura (NYSE: BVN) with a general strike due to the company's decision to fire 40 workers from its Orcopampa gold-silver operation.The activists say the workers' dismissal constitutes a breach of an agreement that Buenaventura and the community signed back in 2...Read More
A type of fungi that looks like a thread could offer clues for finding new gold deposits.According to scientists at Australia's national science agency CSIRO, fungi known as Fusarium oxsporum attach gold to their strands by dissolving and precipitating particles from their surroundings."Fungi can oxidise tiny particles of gold and precipitate it on their strands - this cycling process may contribu...Read More
Peter Schiff & Chris Waltzek Ph.D. - May 30th, 2019. * Mp3 File. HighlightsPeter Schiff, head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX)returns with key insights.Our guest notes the Wall Street adage, "Sell in May and Walk-away..." where investors look for bargains later in the year.Peter Schiff expects a bear market to overtake US equities.The trade skirm...Read More
The market is now in position to crash. This is not something that will arrive as "a bolt out of the blue" - it has been setting up to do this for a long time. On the 6-month chart for the Dow Jones Industrials below we can see that on Friday it broke down from a Head-and-Shoulders top that had been forming since February, and the longer-term 5-year chart for the S&P500 index lower down the page...Read More
By: Dave KranzlerTrump's trade advisor, Peter Navarro, was on CNBC today asserting that the economy was expanding at an unprecedented rate. Either Navarro is tragically ignorant or an egregious liar. Either way he looks like an idiot to those us who study the real numbers and understand the truth.The Global Manufacturing PMI (Purchasing Managers Index) dropped to 50.4 - the lowest since July 2...Read More
Hoover, Smoot & HawleyMultiplayer Game TheoryTrade SandpileVictim ListLopsided PollsThe Seven-Body ProblemPublisher's Note: John Mauldin is recovering from a minor illness. He'll be back next week. Meanwhile, with trade disputes still roiling markets, below is a still-timely letter he wrote last year. You should definitely read it again. Ed D'Agostino"A conservative is someone who stands athw...Read More
Peter Schiff & Chris Waltzek Ph.D. - May 30th, 2019. * Mp3 File. HighlightsPeter Schiff, head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX)returns with key insights.Our guest notes the Wall Street adage, "Sell in May and Walk-away..." where investors look for bargains later in the year.Peter Schiff expects a bear market to overtake US equities.The trade skirm...Read More