What is truth? I suppose that question has caused more than one person to sit and think for a while. In today's society we have more information at our fingertips than ever before. The great libraries of the world cannot compare with the data available from a single smart phone. But with so much data how do we determine truth.I read the other day about an internet service that could help with a ba...Read More
By Bill HolterWe are hearing daily about the possibility of "trade wars". It is this possibility that is being blamed for the increased volatility (read markets dropping), but I do not believe it is the only factor. In fact, equity markets began their upset as interest rates marched higher and prior to any talk of trade wars. Of course other factors exist such as cross currency rates (which dire...Read More
Continue...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 made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has se...Read More
After being mostly absent in 2017, volatility has made a comeback. The S&P 500 Index closed down for the first three months of 2018-the first time it's done so in 10 quarters. It also had its worst start to April since 1929. Gold performed as expected during the quarter, serving as a safe haven and delivering positive returns, while the price of oil surged more than 5 percent on U.S. dollar weakne...Read More
Graceland Updates By Stewart Thomson 1. The main drivers of global stock, bond, and gold markets are interest rates and demographics. Unfortunately, most investors focus on items that get a lot of media attention but are almost irrelevant to price discovery in the markets.2. Please click here now. I've predicted that there will be no trade war, but governments around the world will r...Read More
By Larry LaBorde What is truth? I suppose that question has caused more than one person to sit and think for a while. In today's society we have more information at our fingertips than ever before. The great libraries of the world cannot compare with the data available from a single smart phone. But with so much data how do we determine truth. I read the other day about an internet...Read More
The Syrian government is being blamed for another gas attack. Then, Israel is blamed for a missile strike on a Syrian air base killing 14 people including Iranians. There are major problems with what is being played out in the Middle East that other media are just going to ignore. But we won't. Let's give it a Reality Check.Read More
By Frank HolmesAfter being mostly absent in 2017, volatility has made a comeback. The S&P 500 Index closed down for the first three months of 2018 the first time it's done so in 10 quarters. It also had its worst start to April since 1929. Gold performed as expected during the quarter, serving as a safe haven and delivering positive returns, while the price of oil surged more than 5 percent on U...Read More
Yesterday the US government's own Congressional Budget Office (CBO) published a pretty sobering report about the state of Uncle Sam's finances- and what the future holds.Continue...Read More
Dear Friend of GATA and Gold:Ross Norman, proprietor of venerable London bullion dealer Sharps Pixley, writes today, "Gold is struggling to find friends." Is Norman himself one? It apparently depends on the day.He would seem to be one insofar as his firm sells the real stuff, not mere paper claims against it that create the illusion of infinite supply and thereby destroy gold's very purpose. But...Read More
- Trump & Russia threaten each other as conflict over Syria escalates- U.S. Navy destroyer armed with tomahawks arrives off Syria, "harassed" by Russian warplanes- Heightened risk of war between Syria, Russia, Israel, UK & the U.S.- Russia & Iran will pay "big price" for gas attack - Trump- Trump will decide on response to Syria attacks "very soon"- Trade and economic war between Russia and U.S...Read More
Developments in Syria are explosive. The FBI raid on Trump's lawyer's office reflects political instability in the USA. These factors can result in a quick rise for gold and decline of the greenback. The US-China trade war can subside in the short term but long term damage has been done to American credibility as a trading partner. Nations will find new ways and means to defriend the USA in way...Read More
Global markets rallied strongly after Chinese President Xi Jinping appears to have taken the first step in backing away from a trade war with the U.S., promising to cut tariffs on auto imports and other products. In a widely anticipated speech at the Boao Forum for Asia, dubbed as the "Asian Davos," Xi used the event as an opportunity to reiterate China's plans to open up its economy, ease import...Read More
Adem Tumerkan April 10, 2018 Category: Research Mexican Gold Corp (CVE:MEX, FRA:4QW1, Mkt Cap: C$12M) began 2018 with a 3,000-metre resource expansion and drilling program – which is still ongoing.They are also doing a field exploration program – this includes mapping, trenching and sampling at high-potential targets. The first set of assays (this means testing of drilled ore to dete...Read More
One of the most famous passages in American literature occurs in Chapter 13 of Ernest Hemingway's The Sun Also Rises. It takes place in a caf?(C) in Pamplona, Spain during the running of the bulls.Bill Gorton, a friend of the protagonist, Jake Barnes, has just arrived from New York. Bill is in the caf?(C) talking with Mike Campbell, an upper-crust Englishman, now fallen on hard times but keeping u...Read More
It's impossible to read the headlines or view a financial news channel without hearing about the debt crisis.We hear that the U.S. is facing a debt crisis because budget deficits are out of control. We hear that China is facing a debt crisis because of wasted infrastructure investment, bank Ponzi schemes and bad loans to money-losing state-sponsored enterprises.Next we hear that emerging markets a...Read More
Apr 11, 2018 Guest(s): Frank Holmes CEO, U.S. Global Investors Contrary to Shark Tank star Kevin O'Leary, Frank Holmes, CEO of U.S. Global Investors, sees gold mining stocks outperforming the physical bullion. "Our smart Beta GOAU [exchange-traded fund] is really a classic of showing you you have to get rid of those companies that are not creating value per share," Holmes said. "The royalty comp...Read More
Apr 11, 2018 Guest(s): Kevin O'Leary According to Stats Can, net foreign direct investment (FDI) in Canada fell 37% in 2017 from the previous year. Total net FDI outflows from Canada jumped 2% in 2017, with the majority of that capital going to the U.S. "The thing about money is that it has no political affiliation. It doesn't care. It looks to the path of least resistance, and that path is no...Read More
While the FBI was raiding the offices of Trump's lawyer yesterday afternoon, the CBO published a blockbuster report evidencing the Donald's own raiding party. To wit, in roughly 90 days of fiscal madness between December and February, Trump and his GOP allies piled $459 billion onto next year's (FY 2019) deficit.That eruption of red ink consisted of $285 billion for the tax bill and $174 billion o...Read More
Technical analyst Clive Maund explains why he believes this gold explorer is set to go higher.We ditched Kerr Mines Inc. (KER:TSX; KERMF:OTC; 7AZ1:FRA) back in January after it started to drop sharply on very heavy volume, which suggested that the stock would drop further and be "under a cloud" for a while, and such has proven to be the case. We got out about even.Now, however, after a due period...Read More