A lot of the story about the collapse of FTX has been filled in over the past month, culminating with the arrest and pending deportation to the United States of the FTX mastermind Samuel Bankman-Fried.Actually, "mastermind" may be giving Sam too much credit. He appears to be a garden-variety, even boring fraud who simply stole customer money and used it to buy real estate and pay off politicians.T...Read More
Wall Street Silver, Released on 12/19/22Doug Casey joins the show to talk about how interest rates can significantly impact the price of gold and silver. Furthermore, we talk about the stock market, new CPI numbers, and more. Whether you're a seasoned investor or just starting, this video is a must-watch for anyone looking to stay informed about what the experts are thinking of doing next year.Dou...Read More
Genevieve Roch-Decter - Twitter, Released on 12/18/22The 2008 stock market crash versus today. What do we think? pic.twitter.com/O9Upvt3l2C- Genevieve Roch-Decter, CFA (@GRDecter) December 18, 2022 The 2008 stock market crash versus today... added by Herman James on 12/20/2022View all posts by Herman James ?+'Read More
Retirement Lifestyle Advocates, Released on 12/18/22The systemic risks, particularly from foreign banking networks like the Eurozone and Japan, which are very highly leveraged, are very, very substantial. And with contracting bank credit, they merely get heightened. This summary is from our guest this week on Retirement Lifestyle Advocates, Mr. Alasdair Macleod. Your host Dennis Tubbergen, talks w...Read More
Wolfstreet, Released on 12/18/22The Crazy Stuff and Asset Prices that arose during Easy Money are coming unglued as Easy Money ended.Wolf 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 T...Read More
Schiff Gold, Released on 12/17/22The drainage of silver from Comex vaults since the start of the year has been nothing short of spectacular.Continue... COMEX: Silver Registered Ratio Falls to 11.1% - Lowest in 22 Years added by Herman James on 12/20/2022View all posts by Herman James ?+'Read More
My critics sometimes accuse me of being a communist, of all things.I must say, the irony of being accused of being a communist by many of these people is incredibly rich.That's because the policies I advocate in my writings are far, far more "free market" than any of theirs.I find my critics hide behind the slogan of free market capitalism, while practicing something entirely different - crony cap...Read More
USA Watchdog, Released on 12/17/22"We are moving into total political chaos. This is the fall of the United States. Our Republican form of government does not work. It is too susceptible to bribery. . . . I would like the tree to fall in the right direction and we have a real actual democracy. We don't live in democracies. That's all propaganda. A democracy would be if we decide to go to war in Ru...Read More
These stock-moving events pertain to two projects and include drill results, a preliminary economic assessment and a prefeasibility study, noted a Zacks Small-Cap Research report. A handful of stock catalysts is expected for World Copper Ltd. (WCU:TSX.V; WCUFF:OTCQB) in 2023 given its comprehensive work plans for the Escalones project in Chile and the Zonia project in Arizona, reported Zacks Small...Read More
Gold defied anotherhawkish Fed decision this week, consolidating high in its immediate wake. That was an impressive show of strength,after this extreme Fed tightening cycle hammered gold for a half-year or so. That strong performance reflects gold-futuresspeculators’ weakening resolve to keep shorting. With their long-side selling exhausted, they havemassive mean-reversion...Read More
Seabridge Gold Inc. sees a net profit in the third quarter as it continues to advance its flagship KSM project in British Columbia's Golden Triangle and drill at its 3 Aces project in the Yukon Territory.Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) saw a net profit in the third quarter as it continues to advance its flagship KSM project in British Columbia's Golden Triangle and drill at its 3 Aces p...Read More
Pento Portfolio Strategies, Released on 12/16/22The monetary fuel from the government has been spent, and there is no Continue... Michael Pento: Fiscal and Monetary Policy Shocks added by Herman James on 12/20/2022View all posts by Herman James ?+'Read More
LONDON, 16 December 2022 - Analysis and comment from BullionVault features today in an in-depth article about the recent surge of central-bank gold demand published by German financial newspaper Handelsblatt."Gold experts such as Adrian Ash of the online gold provider BullionVault [believe] the fact that China immediately made its gold purchases public could be a sign that the PBoC wants the world...Read More
The latest inflation news was glorious, they said. The whole media told us so!It's easing, improving, better than it has been and headed in the right direction. So stop your kvetching and get out there and make (and spend) money. For that matter, throw around the credit card a bit and stop trying to save money.Inflation is all but done! It's pretty interesting because they have been saying this fo...Read More
Gold defied anotherhawkish Fed decision this week, consolidating high in its immediate wake. That was an impressive show of strength,after this extreme Fed tightening cycle hammered gold for a half-year or so. That strong performance reflects gold-futuresspeculators’ weakening resolve to keep shorting. With their long-side selling exhausted, they havemassive mean-reversion...Read More
Gainesville Coins (via Zero Hedge), Released on 12/16/22Knowledge of this pattern is imperative to understanding the gold market and the price of gold.Continue... Gold Trade Between East And West Follows 90 Year-Old Pattern added by Herman James on 12/25/2022View all posts by Herman James ?+'Read More
Gold defied anotherhawkish Fed decision this week, consolidating high in its immediate wake. That was an impressive show of strength,after this extreme Fed tightening cycle hammered gold for a half-year or so. That strong performance reflects gold-futuresspeculators’ weakening resolve to keep shorting. With their long-side selling exhausted, they havemassive mean-reversion...Read More
LONDON, 16 December 2022 - BullionVault's director of research is quoted at length today in a report on gold's turbulent week and year published on MSN, the news-site from tech giant Microsoft.While interest rates have surged with the Dollar, "reducing the appeal for gold," says Adrian Ash in the article - first posted at MarketWatch - "this year's resilience in bullion prices makes a stark contra...Read More
Gold defied anotherhawkish Fed decision this week, consolidating high in its immediate wake. That was an impressive show of strength,after this extreme Fed tightening cycle hammered gold for a half-year or so. That strong performance reflects gold-futuresspeculators’ weakening resolve to keep shorting. With their long-side selling exhausted, they havemassive mean-reversion...Read More
These new results are from drilling recently completed at this Carlin-style gold property in Utah, noted a PI Financial report.Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) announced the results of three types of drilling done at its Goldstrike gold project in Utah, having completed its 2022 field season there, reported PI Financial analyst Chris Thompson in a Dec. 6 research note."Results from PQ cor...Read More