Kitco News, Released on 3/23/23Danielle DiMartino Booth, CEO of Quill Intelligence and Author of "Fed Up," joins Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, to discuss the Federal Reserve's March rate hike of 25 bps, and why Booth believes that "more bank failures" are on the horizon as Fed Chair Jerome Powell continues to tighten monetary policy. Booth also provides her econom...Read More
Jim Rickards - Twitter, Released on 3/23/23Central Bank of Russia reported a gain of 30 metric tonnes in its gold reserves. That's after a year of flatlining more likely due to non-reporting than non-acquisition. Nice to see Russia back in the game. Another win for Elvira, and another sanctions failure for Uncle Joe. pic.twitter.com/vPHfwvhihJ- Jim Rickards (@JamesGRickards) March 23, 2023 Jim...Read More
Twentieth-century British philosopher Bertrand Russell once gave a public lecture on astronomy.An attendee - supposedly - claimed that Earth was not situated in space, as this Russell fellow argued...This attendee claimed instead that Earth rested upon the back of a monstrous turtle.Russell asked this individual what particular solidity the turtle was standing upon, what structure held it up.The a...Read More
Summit News, Released on 3/23/23USA Today has picked a trans-identified male as it's 'woman of the year' for a second time running, and this time it's someone who advocates for child sex changes.Continue... USA Today Again Picks Biological Man As 'Woman Of The Year' added by Herman James on 03/23/2023View all posts by Herman James ?+'Read More
The Deep Dive, Released on 3/23/23Joining us today on the Daily Dive is Todd "Bubba" Horwitz, founder and CEO of BubbaTrading.com. Bubba returns to give us his thoughts on the week's top headlines: Fed's recent rate hike, bank failures, Biden's first veto, China-Russia relations, and GameStop's stock jump. We also talk about a commodity supercycle, oil, and gold. Bubba also shares some advice for...Read More
Tucker Carlson - Twitter, Released on 3/23/23The Biden administration is trying to bailout Moderna with your taxpayer dollars. pic.twitter.com/m576pj9LWl- Tucker Carlson (@TuckerCarlson) March 23, 2023 The Biden administration is trying to bailout Moderna with your taxpayer dollars added by Herman James on 03/23/2023View all posts by Herman James ?+'Read More
Tavi Costa - Twitter, Released on 3/23/23Source: https://twitter.com/TaviCosta/status/1638968462881230848Tavi Costa is a partner and portfolio manager at Crescat Capital and has been with the firm since 2013. He built Crescat's macro model that identifies the current stage of the US economic cycle through a combination of 16 factors. His research has been featured in financial publications such as...Read More
Palisades Gold Radio, Released on 3/23/230:00 - Introduction0:40 - Market Re-Cap4:29 - Meltup Rally Thesis7:27 - Timelines9:29 - Fed Policy & Liquidity16:30 - Policy Lag & Inflation20:00 - Rates & Liquidity23:12 - Politics & Powell29:00 - ECB/BOJ Pivots & Gold37:44 - Metals Reaction41:52 - Energy Prices46:40 - Overall Summary52:03 - Wrap UpDavid Hunter is Chief Macro Strategist at Contrarian Macro...Read More
Good Thursday morning to you!I've been putting off writing about the demise of my old bank, Credit Suisse. I didn't write about it in the Rude all week because I didn't have the energy to do it justice.But since this Morning Reckoning gives me a bit more latitude, I'll tackle the subject here.If you read the Rude, you know I spent over 11 years of my life over two stints working for Credit Suisse....Read More
Zero Hedge, Released on 3/23/23The much awaited release of the Fed's latest weekly balance sheet update was released at exactly 4:30pm, and not surprisingly, it showed that in the past week the bank bailout continued if at a less torrid pace.Continue... Fed Balance Sheet Surges By Another $100BN added by Herman James on 03/23/2023View all posts by Herman James ?+'Read More
Liberty and Finance, Released on 3/23/23 (Recorded on 3/22/23)Within the span of only 1-week, bank failures shocked the American people. The rush to safety in the form of gold and silver has just begun, says former Wall Street analyst John Rubino (https://rubino.substack.com). Trillions of dollars will flow into the metals and resource sectors, he forecasts. He discusses actionable preparedness st...Read More
Howe Street, Released on 3/23/23Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its s...Read More
Peak Prosperity, Released on 3/23/23In this thought-provoking video, we delve into the reasons why exponential growth, whether it be in the economy, population, natural resource usage, or debt, can have negative long-term consequences. We explore the impact of exponential growth on our planet and its limited resources, and why it's crucial to take a closer look at this issue. Join us as we examine...Read More
Wall St. For Main St., Released on 3/23/23During this 50+ minute interview, Jason asks Lawrence about the Fed, US Treasury and FDIC selectively changing the rules as far as bailouts go for Silicon Valley Bank, Signature Bank, First Republic Bank and Credit Suisse. Jason and Lawrence discuss the bank bailouts and how the larger problem is Credit Suisse and also if/when US commercial real estate pri...Read More
Arcadia Economics, Released on 3/23/23At this point, the market has digested the news that Silicon Valley Bank experienced a bank run and ultimately failed. Yet what remains much less clear is what specifically caused this to happen. So in today's show, Dave Kranzler of Investment Research Dynamics explains what happened with the assets on SVB's balance sheet, and why they became so problematic at...Read More
Not only did this West African asset reach critical mass, but also it has "ample room to grow," noted an Echelon Capital Markets report.Thor Explorations Ltd. (THX:TSX.V; THXPF:OTCMKTS; THX:LSE) more than doubled the size, through drilling, of the resource at its 70%-owned Douta gold project in southeastern Senegal, reported Echelon Capital Markets analyst Ryan Walker in a March 20 research note....Read More
News Update This morning, Arizona Silver Exploration Inc. announced it had completed its Q1-2023 drilling campaign at its Philadelphia Gold-Silver Project, Arizona. Read more to learn of the results, what the sector is doing, and what experts are saying about the company in light of these results.This morning, Arizona Silver Exploration Inc. (AZS:TSX; AZASF:OTC) announced that it had made signifi...Read More
Fabled Copper Corp. says it is seeing grades as high as 21.9% copper in fieldwork samples from its Muskwa copper project in British Columbia.Fabled Copper Corp. (FABL:CSE) is continuing to see high grades in fieldwork samples from its Muskwa copper project in British Columbia.The company said during site visits last year, samples at the Eagle Creek copper occurrence yielded results as high as 21.9...Read More
Adrian Day of Adrian Day Asset Management takes a brief look at the likely direction of gold prices and reviews developments at some of the companies on his list, including record results from Franco.Last week demonstrated clearly that things break when interest rates are aggressively increased after a long period of excessively loose monetary policy. And we saw the reaction of the Federal Reserve...Read More
James Turk of Goldmoney, the impetus behind The Gold Report here at Streetwise, explains why he believes gold and silver are imperative assets to own in this current economy and how you can get involved with them. Starting his career in the 1960s working for Chase Manhattan Bank in Thailand, The Philippines, and Hong Kong, James Turk has a long history in the world of finance. In 2001, Turk start...Read More