(Kitco News) It's been a very busy data week for the markets. The Federal Reserve announced tapering of its asset purchases and the U.S. economy added more than 500,000 jobs in October.Gold is finally starting to react — surging $25 on Friday and rising well above the $1,800 an ounce level. Markets now seem to be pricing in a more patient Federal Reserve going forward.Here's a look at Kitco'...Read More
WASHINGTON, Nov 6 (Reuters) - After a daylong standoff, Democrats set aside divisions between progressives and centrists to pass a $1 trillion package of highway, broadband and other infrastructure improvement, sending it on to President Joe Biden to sign into law.The 228-to-206 vote late on Friday is a substantial triumph for Biden's Democrats, who have bickered for months over the ambitious spen...Read More
Adam HamiltonArchivesNov 05, 2021Another quarterly earnings season is upon us, led by the biggest US stocks. These massive American companies dominate virtually all portfolios, so how they are actually faring fundamentally is important. Do big US stocks' underlying corporate earnings justify their record-high prices fueled by the Fed's epic money printing? Despite fantastic sales and profits in Q3...Read More
Clown World Today, 11/5/21??????OE? mask your dog to stop the spread pic.twitter.com/hmyhWj8y1R- Clown World Today ??????OE? (@cwt_news) November 5, 2021 Mask your dog to stop the spread! added by Herman James on 11/05/2021View all posts by Herman James ?+'Read More
Wall Street Silver, Released on 11/6/21Jim Rogers, the legendary investor, joins us to describe how he is preparing for more difficult markets. Hard Times Are Coming, Own Hard Assets such as gold, silver, and other commodities.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...Read More
I LOVE PROSPERITY, Released on 11/6/21In this video, we do a deep dive into everything happening right now. Lynette Zang says to prepare yourself for this planned economic collapse. She lays down her gameplan for how to protect yourself, your assets, and your future. She says we're in the brink of Totalitarianism and the next steps will be laid out in today's video, covering gold, silver, investin...Read More
Liberty and Finance, Released on 11/6/21Prepping expert Paul Helinski joins us to discuss the top three steps people should be making now. He also discusses the main myths out there about prepping. He stresses the importance of storable food. "Money is not going to get you out of this. Food is going to get you out of this."Find Paul online: https://lnkd.in/gvbz3mVuFood storage website mentioned in...Read More
X22 Report, Released on 11/6/21Liz Harris,is a private citizen who organized a canvass of the 2020 election in Maricopa County in Arizona. Liz begins the conversation talking about how it was important to canvas the voters to show a correlation between the forensic audit report. The results matched up that there many anomalies in the election and it was not a clean election. The election was ripe...Read More
YouTube/PeterSchiff, Released on 11/6/21Press knows Biden doesn't have the aptitude to even answer softball questions.Record high stock market eyes blue skies ahead.As Peloton bikes become overpriced clothes racks, Peloton stock becomes dirty laundry.Gold may end up being the pin that pricks the Bitcoin bubble.The IRS tricked the middle class.Peter Schiff is an internationally recognized economist...Read More
Wall St. For Main St., Released on 11/6/21Aaron shows a lot of large cap US stocks are going parabolic despite the Fed announcing a taper. Aaron also provides chart updates on many commodities. Gold and silver, in his opinion, are looking much better. Become a Patron and receive exclusive swing trade alerts in real time, plus premium market commentary - https://www.patreon.com/carnivoretradesFollo...Read More
Fox Business, Released on 11/6/21"WE WON. Just this morning, citing "grave statutory and constitutional issues," the 5th Circuit stayed the mandate. The fight is not over and I will never stop resisting this Admin's unconstitutional overreach!"Continue... Federal Appeals Court Blocks Biden's Vax Mandate... 'Grave statutory and constitutional issues'... added by Herman James on 11/07/2021View all p...Read More
Palisades Gold Radio, Released on 11/6/21Time Stamp References:0:00 - Intro0:29 - Gold & Higher Rates8:16 - Silver Drivers15:17 - Fed & Inflation25:28 - Dual Inflation Concept29:32 - Blow-Off Top?33:50 - Comparing Crashes39:18 - 2nd Term For Powell?42:44 - Wrap UpLior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and...Read More
Of Two Minds, Released on 11/6/21There is a great deal of joy and satisfaction in gardening; benefits include saving money, eating healthier, sharing the bounty with others and reducing the derealization / derangement of modern life.Continue... One Solution to Soaring Food Prices: Start Your 2022 Garden Now added by Herman James on 11/07/2021View all posts by Herman James ?+'Read More
The Washington Free Beacon, Released on 11/6/21"As if the addition of over 50 million records to an ATF gun registry wasn't unconstitutional or illegal enough, the Biden administration's misuse of 'out-of-business' records doesn't end there,"Continue... Biden Admin Amassing Millions of Records on US Gun Owners Amid New Crackdown on Firearms added by Herman James on 11/09/2021View all posts by Herm...Read More
Subscribe to Kitco Roundtable on iTunes Precious metals look good due to the central banks finding themselves stuck "between a rock and hard place," said Gwen Preston, who runs the Resource Maven. On Friday Preston recorded Kitco Roundtable with Mining Audiences Manager Michael McCrae and Kitco correspondent Paul Harris. Preston was commenting on Bank of England, which decided not to raise rates o...Read More
SAN FRANCISCO, Nov 5 (Reuters) - Tesla Inc opened afactory to produce battery manufacturing equipment in theCanadian city of Markham, Ontario, the city said on Friday, asthe electric carmaker ramps up the production of cheaper,higher-range 4680 battery cells.In 2019, the U.S. electric carmaker acquired Canada-basedHibar, which manufactures pumps used in fast-speed batteryassembly that Tesla is int...Read More
"Come writers and critics who prophesize with your pen,and keep your eyes wide, the chance won't come again, and don't speak too soon,For the wheel's still in spin" The Times They Are A-Changin' -- Bob DylanBeginning onThursday, October 28, when the European Central Bank held a press conferencefollowing their meeting that took place a few days earlier, which was followedby statements by both the F...Read More
Kitco MEDIA ? The Metals, Money, and Markets Weekly by Mickey Fulp - November 5, 2021 Join The Mercenary Geologist Mickey Fulp and Trevor Hall of Mining Stock Daily every Friday afternoon for a recap of metals, money, and markets. Each episode provides commentary on performances and a look ahead to next week's markets. You can listen to the weekly wrap exclusively at Kitco.com. We trust you will...Read More
Nonfarm payrolls grew at 531,000 in October, more than the consensus estimate of 450,000. The unemployment rate has fallen to 4.6%, down from 4.8% the previous month.Jim Awad, managing director of Clearstead Advisors said that a recovering labor market is a sign of higher wages to come, which in turn will cause higher inflation and higher interest rates. Speaking to David Lin, anchor for Kitco New...Read More
(Reuters) -Cyber security firm McAfee Corp is nearing a deal to sell itself to U.S. private equity firm Advent International for more than $10 billion, the Wall Street Journal reported on.wsj.com/3bIGfIr on Friday, citing people familiar with the matter.The deal could be announced on Monday, although the talks could still fall apart, the report said.McAfee and Advent did not immediately respond...Read More