Mar 08, 2018 Guest(s): Jeffrey Christian Managing Partner, CPM Group Trump's tariffs on steel and aluminum, should they be implemented, would have little impact on base metals prices, said Jeff Christian, managing partner for New York based CPM Group."If [the U.S. government] does proceed [with the tariffs], I think what you'll see is that there will probably be very little impact for base metal...Read More
Peter 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 Journal, New York Times, Barron's, BusinessWee...Read More
Continue...David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism...Read More
Nick and Peter talked about a variety of topics including of course cryptocurrencies, gold, silver, the stock market, the US economy, the housing market, financial services and a lot more.Peter 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...Read More
The Fed will succeed in tightening financial conditions. It always does. And when this starts to click, the adjustment will be sharp and possibly harsh for those Continue...Read More
The comments above & below is an edited and abridged synopsis of an article by Charleston VoiceThe most popular image of German inflation is the flood of paper money that issued from the printing presses and engulfed the nation. The struggle was hard, tragic and often ridiculous.The chief cause was the Reichsbank's policy of simply printing more money to counter the country's debt caused by WWI an...Read More
The comments above & below is an edited and abridged synopsis of an article by Egon von GreyerzGold is hated by governments around the world because it reveals their deceitful actions in totally destroying the economy. It is not an accident that gold is the only money that has survived for 6,000 years. Gold is the only money that tells the truth. And gold is nature's money, which means it cannot b...Read More
The comments above & below is an edited and abridged synopsis of an article by EconomicaHuge increases in federal debt over the last ten years was accompanied by a minimal increase in interest payable on all that debt. The Federal Reserve is primarily to thank for the cheapening of debt and encouragement to undertake all that debt, but many fear ongoing interest rate hikes.In five months of fiscal...Read More
The comments above & below is an edited and abridged synopsis of an article by SRSRocco ReportSilver will be one of the best investments as leverage in the stock and real estate markets evaporates. Unfortunately, investors are no longer capable of recognizing when an asset displays high or low risk. Thus, fundamental indicators are ignored as investors continue the insane strategy of buying the di...Read More
The comments above & below is an edited and abridged synopsis of an article by Chris Martenson"Most experienced investors know the four most dangerous words are: This time is different.It never is.And yet one of my key predictions here at Peak Prosperity is that the next 20 years will be completely unlike the last 20 years.So am I saying that things really will be different this time?Yes, I am. Bu...Read More
The comments above & below is an edited and abridged synopsis of an article by Dimitri SpeckThere are good reasons to suspect that the bull market in US equities has been stretched to the limit. These include high fundamental valuation levels, rising interest rates, and the maturity of the advance.The mother of modern crash patterns was the 1929 debacle. It is both scary and sad in light of what i...Read More
Source: Global Financial Data, Inc.; Federal Reserve Board, Haver Analytics; Goldman Sachs Global Investment ResearchRead More
Nick and Peter talked about a variety of topics including of course cryptocurrencies, gold, silver, the stock market, the US economy, the housing market, financial services and a lot more.Peter 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...Read More
With his announcement last week of broad tariffs on imported steel and aluminum, President Trump launched what could be the first salvo of an all-out global trade war.Continue...Read More
Economies run in bubbles, they expand and then burst. Is our current economy about to burst? In this episode, Robert & Kim talk to Doug Casey, a contrarian investor with decades of experience building wealth during times of crisis. Find out what you can do to protect your wealth and even build wealth in uncertain times.Doug Casey is an American-born libertarian economist and advocate of the free m...Read More
CloseGain/LossGold $1333.70+$14.10Silver$16.74+$0.31XAU80.80+2.15%HUI177.86+2.01%GDM615.99+2.08%JSE Gold1140.09+31.92USD89.62-0.38Euro124.10+0.74Yen94.26+0.01Oil$62.60+$0.0310-Year2.884%UNCHT-Bond144.1875+0.0625Dow24884.12+0.04%Nasdaq7372.01+0.56%S&P2728.12+0.26% The Metals: Gold gained $18.90 to as high as $1338.50 in late morning New York trade before it edged back lower into the close,...Read More
- RaboDirect Ireland to close online savings accounts in Irish market on May 16- RaboDirect holds over EUR3 billion in deposits from its 90,000 Irish customers- Irish savers now exposed to still indebted Irish banks and bail-ins- Marian Finucane heard recently that buying gold is for "ordinary people" and not just for "rich and posh people"- By owning gold "if banks go belly up again you woul...Read More
Renewedconcerns about a potential trade war as a direct result of proposed tariffs onsteel and aluminum has resulted in both a lower U.S. dollar as well as buyersaccumulating gold. Gold futures are currently trading up $15.50 at $1335.40.Lastweek President Donald Trump proposed the implementation of steel and aluminumtariffs. This proposal has met with global and internal resistance. Nonetheless,...Read More
Representatives from the community-based organization Marange Development Trust appeared before Zimbabwe's Parliament to denounce that people in the Marange diamond fields are experiencing worse living conditions now that the Zimbabwe Consolidated Mining Company is in charge of the area.According to Chairman Malvern Mudiwa, the different kinds of abuses that villagers have been enduring for decade...Read More
As USD slide continues, gold extends gains. XAU/USD up 1.35%, having best day since February 14. Gold continued to rise during the American session and hit fresh weekly highs. The value of the ounce approached $1340 supported by a slide of the US dollar and risk appetite. The price peaked at $1338.55, the highest level since February 26. It was holding near the top with a stron...Read More