The proposed law would move all the nation's gold to domestic vaults; the original bill allowed forContinue...Read More
FOR SEVERAL YEARS WE HAVE STATED THAT THE PRICE OF GOLD IS BEING MANIPULATED BY THE BANKERS, CENTRAL BANKERS AND BROKERAGE HOUSES. WHY DO THEY DO IT? BECAUSE IF GOLD MOVES MUCH ABOVE THE $1300 RANGE IT IS AN INDICATION THAT INFLATION IS MORE THAN THE 1% TO 2% IT IS REPORTED TO BE, INTEREST RATES WILL RISE AND IT WILL CAUSE THE STOCK MARKET TO DECLINE. SO THE MANIPULATION W...Read More
By: Dave KranzlerThe current stock market is the most dangerous stock market I have seen in my 34+ year career as a financial markets professional. This includes 1987, 1999-2000 and 2007-2008. The run-up in stocks has been largely a product of momentum-chasing hedge fund algos on behalf of the large universe of sophisticated hedge funds which are desperate for performance. In the context of the...Read More
COLORADO SPRINGS, April 17, 2019 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the "Company") reports preliminary production results for the first quarter ended March 31, 2019 of approximately 6,538 ounces of gold, 364,653 ounces of silver and significant base metals. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in O...Read More
By: Craig Hemke, TF MetalsSix years ago this week, COMEX gold and silver prices were deliberately smashed in order to take out critical support levels that had held since 2011. The parallels to present day circumstances are obvious and must be fully considered.The key to understanding this is to recognize that the situation in 2019 is reminiscent of 2010. We've been writing about this for months...Read More
"A bully is always a coward."~ Thomas Chandler HaliburtonThe current market rally is like a playground bully; shoving to the ground anyone in its path.But like all bullies, the braggadocio belies an underlying cowardice.Those in charge of the status quo must be absolutely terrified to resort to the unnatural lengths they are going to right now to keep the current rally intact.Unnatural ActsIn re...Read More
By: IRA EPSTEINRead More
Andrew Wray Appointed President and CEOTORONTO, April 17, 2019 /PRNewswire/ - Golden Star Resources Ltd. (NYSE American: GSS; TSX: GSC; GSE: GSR) ("Golden Star" or the "Company") announced today that Sam Coetzer will be leaving the Company as of April 30, 2019, and that the Board of Directors has appointed Andrew Wray as President and Chief Executive Officer, effective May 1, 2019."Aft...Read More
"We have gold because we cannot trust governments," President Herbert Hoover famously stated in 1933 to Franklin D. Roosevelt. (CBC News)[1] Anyone who seriously claims to trust the government is either a fool carrying an empty bag or a politician.This was the same year that Roosevelt enacted the Emergency Banking Act followed one month later by the Executive Order 6102. Suddenly everyone who ha...Read More
Here's one of my favorite Washington paradoxes...On one hand, politicians say they want to help Americans save more for retirement.On the other, they look for every possible way to punish people who actually succeed in the endeavor. For proof of this look no further than a new bill that recently passed through the House Ways and Means Committee with unanimous support. It's called the SECURE Act an...Read More
QUESTION: Mr. Armstrong; I believe you said at the WEC in 2017 that central banks will diversify and increase their gold reserves going into the currency crisis coming in 2021. China has continued to increase its gold reserves. You would please update on that development.Thank youPKANSWER: Central banks are in a very difficult position. The ECB has really put the entire world at risk. Draghi is no...Read More
Apr 18, 2019 Guest(s): Jim Rickards Best-selling Author The economy is vulnerable to economic "chaos" due to several monetary and policy mistakes made since the 2008 recession, said best-selling author Jim Rickards. His new book "Aftermath: Seven Secrets of Wealth Preservation In The Coming Chaos" details how the last economic crisis never really ended. "Technically, the recession was over in Ju...Read More
In an article last year entitled "Bankruptcy 1995 Revisited", I presented a detailed analysis of the US government's financial position. It wasn't a pretty picture then,Continue...Read More
Central banks are in a very difficult position. The ECB has really put the entire world at risk. Draghi is now realizing that negative interest rates have seriously harmedContinue...Read More
Jordan Roy-Byrne, Editor Of The Daily Gold joins me to discuss the gold charts as well as the underlying stocks. We look at the charts and share our thoughts on where they could move and what can help drive these moves.Jordan 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...Read More
Conspiracy theorists are out in force, proclaiming the Notre Dame Cathedral fire an intentional act against the Catholic faith just days before Easter. Paris officials Continue...Read More
Apr 19, 2019 Guest(s): Jim Rickards Best-selling Author Best-selling author Jim Rickards has shown how an investor saving for retirement could do better holding gold than stocks, and in his new book, "Aftermath: Seven Secrets of Wealth Preservation in the Coming Chaos," he outlines how gold is integral to his investment strategy. In Rickard's study, two fictitious investors began saving with the...Read More
Today (April 17) I heard a NPR "news" report that described the democratically elected president of Venezuela as "the Venezuelan dictator Maduro." By repeating over and over Continue...Read More
By: Jordan Roy-Byrne CMT, MFTA The big picture fundamentals for precious metals have been trending more bullish in recent months as expectations for the Federal Reserve went from a few rate hikes in 2019 to an expectation of a rate cut within the next 12 months. That is aligned with the peak in the 2-year yield and growing concerns over slowing growth globally.However, that doesn't preclude a te...Read More
When the S&Ps took a bold leap on December 26 after plummeting 500 points earlier in the month, few could have imagined what would happen next. It were as though, missing an arm and a leg, a soldier had vaulted from a trench in the heat of the Battle of the Somme and shouted "Vive la France!" In the movie, the soldier is dead before he stumbles and hits the ground. But on Wall Street, U.S. stock...Read More