My readers know that I'm a longtime critic of bitcoin. Bitcoin rose from about $2,000 in May 2017 to $20,000 by December 2017 in one of the greatest asset price bubbles in history.I argued repeatedly that it was nothing but a massive bubble and that the bubble would probably burst when it hit $20,000.In late 2017 it did.Bitcoin crashed from $20,000 all the way to $3,300 by December 2018 - an 83.5%...Read More
President Donald Trump is participating in a "disturbing trend," dating back to the Woodrow Wilson presidency, of United States presidents acting toContinue...Read More
Bitcoin is back! So say the true believers, even with Friday's flash crash. But there less there than meets the eye.Continue...Read More
My readers know that I'm a longtime critic of bitcoin. Bitcoin rose from about $2,000 in May 2017 to $20,000 by December 2017 in one of the greatest asset price bubbles in history.Continue...Read More
LONDON, 20 May 2019 - Analysis and comment from BullionVault feature today on UK newspaper the Daily Express's fast-growing website."The golden rule is that whoever owns the gold has the power," The Express quotes BullionVault director of research Adrian Ash.So "while gold hasn't had any official role in the monetary system for nearly 50 years, it's no coincidence that the United States remains by...Read More
Why is hydroxychloroquine (HCQ), one of the most prescribed drugs in history, now suddenly labelled as a lethal threat? And yet barely-tested compounds, like Moderna's "vaccine", are quickly and loudly championed? It's getting harder and harder to see the inconsistency/hypocrisy as anything but a highly political show in which science is losing out to money. Perhaps nothing makes this point more t...Read More
Attorney General William Barr says it's unlikely that we'll see any criminal investigations of Barack Obama and Joe Biden, so will they walk scot-free? Will Hillary Clinton and John Brennan escape justice too? And amid this slap in the face to the American people, the President's own attorney Alan Dershowitz is saying that there is no Constitutional right to refuse a vaccine if it's deemed "mandat...Read More
The Federal Reserve is going to create an inflationary environment that is like a tax that will hurt society on all levels, and this is what investors need to do to avoid wealth erosion, says Peter Schiff, CEO of Euro Pacific Capital.In this interview, Schiff comments on the risks of holding dollar-denominated assets and what investors should be buying instead.0:16 - Moderna and vaccine trial resu...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Max Keiser explains why Bitcoin is the antidote to endless Fed money printingMax Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser invented "Virtual Specialist Technology," a software system used by the Hollywood Stock...Read More
Jerome Powell, Chairman of the Federal Reserve, appeared recently on 60 minutes. Join Mike Maloney as he uncovers the true meaning of what Powell said, and the implications that will follow. Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded...Read More
Finally, silver has begun to outperform Gold, just as we always expected it would. The gold/silver ratio kept going up until it started going down. People become turned off by the high price of gold and have found that silver is still cheap. The ratio peaked at 125, way above 80-90 where it usually peaks. All as a result of the panic. Now we're almost back down to 100. Silver needs to do 2.5 times...Read More
The Federal Reserve has grown their foreign bank swap lines from $0 to $446.5 BILLION in just 2 months....who said there would be a strong "V Shaped" recovery?! I wish I had that kind of printing press!Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com...Read More
A Covid-19 vaccine, or lack thereof, will have zero effect in terms of reversing these cycles. Call it Fate, call it karma, call it what you will, but the cycles have aligned and nothing can stop the unraveling Continue...Read More
The economic devastation from this unnecessary virus insanity has so structurally altered the economy that the Climate Changed advocates are throwing wild parties cheering the end of so many jobs.Continue...Read More
Texas, North Carolina and Arizona are among the states seeing increasing numbers of covid-19 cases, intensifying concerns as they seek to reopen shuttered economies. Continue...Read More
It seems prudent at this point to tell people to take modest doses of vitamin D supplements for their health. The evidence is easily strong enough to justify it.Continue...Read More
Some 68% of respondents to the Bank of America Global Research Fund Manager Survey for May called the current market surge a "bear market rally."Continue...Read More
Most analysts believe that when the RSI oscillator rises above 70 the market is "overbought" and will suffer a decline in price.An RSI above 70 is overbought on short-term charts, but on this long-term quarterly bar chart, it's clear that a rise to 70 Continue...Read More
Analysis of inflation expectations and Silver...For more on inflation expectations, watch this recent video: https://youtu.be/SQ9_pZiSkTIJordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as w...Read More