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
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
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
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
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
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
John Rubino's Substack, Released on 3/23/23"In Gold We Trust" 2023 makes the case for gold, silver, and the minersContinue... John Rubino: Nine charts that point to a great decade for precious metals added by Herman James on 03/24/2023View all posts by Herman James ?+'Read More
Trends Journal, Released on 3/23/23Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rig...Read More
Sky News, Released on 3/23/23"It was a decision based on a very important and fundamental principle and that is, as a International Federation that has a vibrant female element in our sport, it was absolutely vital that we protected the female category."Continue... World Track & Field bans Transsexuals from women's events added by Herman James on 03/23/2023View all posts by Herman James ?+'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
Jeffrey Gundlach - Twitter, Released on 3/23/23I predict the Federal Reserve will be cutting rates substantially soon.I am wrong about 30% of the time so factor that into any decision making.- Jeffrey Gundlach (@TruthGundlach) March 24, 2023 UST 2 Year versus 10 Year is now inverted 40 basis points.Was 107 basis points just a few weeks ago.All UST Yields two years and out are well below the Fed Fu...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
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
Infinitum Copper Corp. says it will use funds from a private placement to get the drills turning at its La Adelita flagship property in Mexico now that it has closed a joint-venture deal on the Hot Breccia Arizona project.Infinitum Copper Corp. (INFI:TSX) has announced a CA$1.5 million private placement, which it will use to get the drills turning at its La Adelita flagship property in Mexico now...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
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
Gold Silver (w/ Mike Maloney), Released on 3/22/23Get more info at ggsr21.com. The Fed just raised interest rates again which could put even more pressure on the banks. Things are heating up and the wheels are falling off. That's why Mike is dropping everything to bring you this urgent market alert. He's hosting a live online event tonight on his YouTube channel tonight at 6:00 PM. Mike will share...Read More
YouTube/PeterSchiff, Released on 3/22/23Peter 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 Journa...Read More
Soar Financially, Released on 3/22/23Powell & the Fed just raised rates by 25 bps - gold exploded higher, the Dow Jones dropped and the US Dollar is also down. Axel Merk explains the Fed action and the market reaction to it all. Fear of a recession is creeping back in.Axel Merk is the Founder, President, Portfolio Manager, and CIO at Merk Investments LLC. He is an expert on qualitative research an...Read More