Trump said in early March that he would issue an executive order "requiring colleges and universities to support free speech if they want federal research dollars."Continue...Read More
Record floods are devastating a large portion of the Farm Belt. Early estimates of lost livestock and crops are nearing $1 billion in Nebraska alone. Continue...Read More
With the latest release by the USGS, silver production in the U.S. is now the lowest Continue...Read More
Precious metals expert Michael Ballanger discusses the influence of governments in the future direction of markets. After over 40 years in the world of money and markets, I have arrived at the conclusion that aging can be a double-edged sword where the advantages created by many years of experience are many times odiously offset by innate biases that become ingrained over time. It came to me whil...Read More
Goldstocks have repeated their decline once again yesterday while gold and silversoldier on. When will the miners take gold and silver down with them?Underperformance is a critical sign of weakness, there’s no denying that. Wouldtoday’s Fed policy pronouncements provide the spark? These are valid questionsthat we answer for our subscribers on an everyday basis. For you, dear visitor,we...Read More
Some important pieces of the US economic reports, including the latest nonfarm payrolls, have disappointed recently. May indicators (including the leading ones) have hit a soft patch it seems. Will that push the Fed to downgrade its dot-plot or fine-tune the monetary policy mix anyhow? Can gold jump in reaction to the Wednesday’s FOMC policy meeting?February Payrolls DisappointU.S. nonfarm p...Read More
In recent weeks we noted the bullish outlook for the stock market. Friday the S&P 500 as well as ACWX (global equity ETF ex US stocks) closed above resistance and made higher highs. Not surprisingly, as US and global equities have avoided a bear market (for the time being), precious metals have weakened. It’s not a surprise that as Gold failed to breakout both the S&P 500 and global...Read More
The United States has for decades sought to play a more permanent role in Gulf regional security. While the unresolved conflict with Iraq provides the immediate justification, the Continue...Read More
To Watch Update #51, CLICK HEREFinally some good news? Several drugs show promise for treating covid-19. Chloroquine (and hydroxychloroquine), an anti-malarial drug, is in the news today, prominently mentioned during President Trump's morning press conference. Research does indeed indicate that chloroquine has 'apparent efficacy and acceptable safety against covid-19 associated pneumonia', and has...Read More
Jordan discusses the S&P selling off and how it is the most oversold since 2008. When you get an accelerated sell-off, you get funds busting and lots of margin calls. This starts impacting on gold and other liquid assets like silver. Inevitably this is all bullish for gold and silver once this phase passes.He expects a rip-roaring bull market in the not too distant future that will last for severa...Read More
Max interviews Craig Hemke of TFMetals.com about what might happen as markets continue to unwind and the era of the 'Fed Put' comes to an end. They also discuss the Trump administration planning a 'universal basic income' for the duration of the coronavirus pandemic. Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podc...Read More
Bridgewater founder and co-chairman Ray Dalio said the U.S. corporations will lose as much as $4 trillion due to the economic damage from the coronavirus outbreak.Ray Dalio is an American businessman and founder of the investment firm Bridgewater Associates, one of the world's largest hedge funds. In 2012, Dalio appeared on the annual Time 100 list of the 100 most influential people in the world....Read More
The typically stable treasury market has been extremely volatile in the past week and now interest rates are going back up, even after unprecedented cuts for the Fed. Jim Grant, founder and editor of Grant's Interest Rate Observer, joins "Squawk Box" to discuss.James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the fi...Read More
Maloney has never been one to hold back when it comes to the madness of 'floating' fiat currencies. In this update you'll see that rather than floating, they are all in 'free-fall' when measured against true money, gold and silver. As a bonus, check out Mike's tie fashion from 2005, find out what data the Fed is starting to send to the memory hole, and brace yourself for a warning against the onco...Read More
California Gov. Gavin Newsom told the Trump administration that 56 percent of his state's population is projected to be infected with the coronavirus over an eight-week period. Continue...Read More
Overnight saw the addition of yet another four-letter-acronym bailout fund from The Fed but signals from the market suggest that they are once again losing control of the dollar-shortage-drivenContinue...Read More
High-quality gold miners have been accumulating reserves that made sense when gold was considerably lower. Now they're producing at a profit and have free cash flow to distribute toContinue...Read More
Dow ends it's streak of thousand point moves after 8 consecutive days.The unemployment claims are skyrocketing and they're going to increase.America lost every war it ever fought.The government will not let this coronavirus crisis go to waste.CNBC brings in captains of industry to weigh in with their bad ideas.CEOs are looking for bailouts to protect their ownership of the companies, not the compa...Read More
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Former OMB director David Stockman warns the S&P 500 could bottom out at 1,600, a more than 50% drop from its all-time high hit last month.David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. Dav...Read More