Wolf Street, Released on 3/9/23The issue is simple: the only free money left for banks is from depositors, and depositorsContinue... Wolf Richter: Bank Stocks Got Wacked: Between a Rock and a Hard Place as Banks Run Out Free Money added by Herman James on 03/10/2023View all posts by Herman James ?+'Read More
The Deep Dive, Released on 3/9/23Returning to the Daily Dive is Doug Casey, a world-renowned resource speaker, New York Times best-selling author, and founder of Casey Research. Doug joins us today to share his POV on some of the biggest headlines this week, including the Fed's recent moves, China, CBDCs, and of course, gold.00:00 Introduction00:38 Biden's budget and the payroll tax hike02:09 The...Read More
Liberty and Finance, Released on 3/9/23Japan is on the verge of a death spiral, says former Wall Street analyst John Rubino. The Yen against the US dollar is taking a dive. "No private sector entity will want to own Japanese bonds in an environment where the government is going bankrupt."0:00 Intro2:00 How to go bankrupt7:56 The "Suddenly" part9:30 Sudden collapse16:30 Wakeup call19:00 Shorting Ja...Read More
The Daily Gold, Released on 3/9/23The stock market is threatening to roll over again and break its critical 40-month moving average. Cracks in the banking stocks are starting to appear and could spread to other sectors of the economy. Tight Fed policy has not yet to begun the damage economy as it could over the coming months. The bear market template argues for the start of an accelerated decline...Read More
Markets Insider (via MSN), Released on 3/9/23"This is sending shock waves through the financials with the regional bank ETF lower by 8%," NYSE's Michael Reinking said. Bank Continue... Bank stocks plunge after implosions at Silicon Valley Bank and Silvergate Capital send 'shock waves' through the sector added by Herman James on 03/09/2023View all posts by Herman James ?+'Read More
Greetings and salutations on this fine Thursday morning!Last Friday, Byron and I co-hosted a Rickards Uncensored session. Both Jim Rickards and Matt Insley were away, so Matt handed the keys to me. Looking out of the corners of his eyes he silently intimated to me, "Don't muck this up!"To stay on the reservation, the safest thing for me to do was to let Byron talk as much as possible.And what a go...Read More
Aljazeera, Released on 3/9/23Biden's proposed spending plan would also nearly double the capital gains tax for investment from 20 percent to 39.6 percent, and lift income levies Continue... Biden to propose doubling Capital Gains Tax to 40% added by Herman James on 03/09/2023View all posts by Herman James ?+'Read More
John Rubino's Substack, Released on 3/9/23Most likely not. There are so many ways to screw up ...Continue... John Rubino: Are We As Prepped As We Think? added by Herman James on 03/09/2023View all posts by Herman James ?+'Read More
Peak Prosperity, Released on 3/9/23Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chr...Read More
The Market Sniper, Released on 3/8/23Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set up his own business, Marc Faber Limite...Read More
CNBC, Released on 3/8/23Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens' College, Cambridge, joins 'Squawk Box' to discuss whether the Federal Reserve is still data-dependent, what the yield curve inversion means for the economy, and more.Mohamed El-Erian is the President of Queens College, Cambridge and the Chief Economic Adviser of Allianz, a multinational financial servic...Read More
Fox Business, Released on 3/8/23Hayman Capital Management founder Kyle Bass discusses where we keep failing economically with the impending threat of China.Kyle Bass is an American hedge fund manager. He is the founder and principal of Hayman Capital Management, L.P., a Dallas-based hedge fund focused on global event-driven opportunities. china, Kyle BassKyle Bass: China is 'playing the race ca...Read More
Palisades Gold Radio, Released on 3/8/230:00 - Introduction0:35 - Feds In Control?3:50 - Rates & Recession5:18 - Weakness Starting?7:29 - Global Outlook & China9:12 - China, Copper, & Steel10:40 - Gold & Inflation12:30 - Black Swans & Tensions13:28 - S&P Outlook Charts16:36 - Gold Chart20:36 - GDX Outlook?21:58 - Silver Chart23:00 - Dollar Direction24:15 - Energy - Crude25:25 - Trendlines & Closes...Read More
Bloomberg, Released on 3/8/23Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insid...Read More
Citizen Free Press - Twitter, Released on 3/8/23Tulsi: "The Democratic Party is weaponizing the security state and federal agencies against political opponents and those of us who dare to speak the truth and challenge their insane, radical agenda. These are characteristics of a dictatorship." pic.twitter.com/JdziGfJT6Z- Citizen Free Press (@CitizenFreePres) March 8, 2023 Tulsi Gabbard: 'These are...Read More
Stansberry Research, Released on 3/8/23"Basic commodities we rely on as a mining industry we have to look for today because the Fed is cutting off supply chains," says Keith Neumeyer, president and CEO of First Majestic Silver Corp. "We're going to have long-term inflation... I think we are going to have an inflationary period that's going to last the next decade," he says at the Gold & Silver rec...Read More
Jay Taylor Media, Released on 3/8/23Jim Rogers shares his views of the world and how they differ from those he held right after his 116-country globe trot at the turn of the century. Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has m...Read More
This gold explorer will use data from surface exploration work at its flagship project in Nevada to help target its drilling as it develops three different deposits on the site.Gold explorer Western Exploration Inc. (WEX:TSX.V;WEXPF:OTC) has released the results of surface exploration work at the Gravel Creek resource area of its Aura project in Nevada.The company will use the information from roc...Read More
With a positive PEA in 2018 and a sole claim on potential Tellurium deposits in North America, First Tellurium Corp. is dedicated to meeting rising demand for eco-friendly technology needs.Recently, Chen Lin of What is Chen Buying? What is Chen Selling? spoke at the Metals Investor Forum. He stated in an interview with First Tellurium Corp.'s (FTEL:CSE) CEO Tyrone Docherty that China has announce...Read More
The crushing and grinding (comminution) data from Defense Metals Corp.'s Wicheeda rare earth elements (REE) project will help inform its preliminary feasibility study expected early next year.Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) has reported favorable crushing and grinding (comminution) results from multiple samples at its Wicheeda rare earth elements (REE) project in British Co...Read More