On Nick's radar today:1. Earnings season has begun with earnings from JPM, JNJ, and WFC. Earnings season will continue for the next 4 to 5 weeks. Nick doesn't think the numbers will matter much due to the recent shutdown. Tomorrow we get more financial stocks reporting such as Goldman Sachs, Bank of America, Charles Schwab, Citibank, PNC, U.S. bancorp & United health. Earnings season is very cloud...Read More
David McAlvany has served as CEO of the McAlvany Financial Group since 2008. Portfolio management began with Morgan Stanley during the 2000 and 2001 tech crisis where he avoided major losses and benefited clients from the early stages of a commodity super cycle. Founding MWM in 2008 he and his team managed portfolio positions through a second period of financial compression, maintaining positive r...Read More
Martin Armstrong explains in a short letter to the White House that if the economy is not re-opened by May 1st we will have an economic downturn that lasts 13 years. Continue...Read More
"The support our government has entrusted to us carries immense responsibility and an obligation that American Airlines is privileged to undertake," American chief executive Doug Parker said.Continue...Read More
U.S. coronavirus deaths increased by the most on record on Tuesday, according to a Reuters tally, as officials debated how to reopen the economy without reigniting the outbreak.Continue...Read More
"The reality is that the WHO failed to adequately obtain, vet and share information in a timely and transparent fashion," the president said in a Rose Garden press conference. Continue...Read More
The force that has propelled the stock market rally is about to exhaust itself this week. That force is related to a short-squeeze.Continue...Read More
We are fighting a third world war against the pandemic, an unprecedented event, and monetary policy response is set to drive gold prices to levels never seen before, this according to Frank Holmes, CEO of U.S. Global Investors."We still have negative real interest rates and that bodes extremely well for gold, so I think gold can be easily $2,700 like palladium was last year. It can be $5,000. I do...Read More
Former Assistant Treasury Secretary in the Reagan Administration Dr. Paul Craig Roberts says, "We need a debt jubilee. Debt jubilees were widely used in the ancient world. Either the system goes into collapse or you write the debts down and you start over. Again, either you paper it over again or you don't succeed and everything blows up."Paul Craig Roberts is an American economist and a columnist...Read More
Bianco Research President and CEO Jim Bianco discusses the effect of the coronavirus pandemic on the markets and the economic outlook for investors.Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim's commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has...Read More
Ronald-Peter St??ferle, a Chartered Market Technician and a Certified Financial Technician, gives his opinions on what is transpiring in the gold markets.Ronald-Peter St??ferle is Managing Partner and Fund manager at Incrementum AG, based in the Principality of Liechtenstein. The company focusses on asset management and wealth management and is one hundred percent owned by its partners. Ronald man...Read More
Michael Oliver offers his always astute Momentum and Structural analysis of gold and other major markets.Read More
Mark Yusko is the Founder, CEO and Chief Investment Officer of Morgan Creek Capital Management. He is also the Managing Partner of Morgan Creek Digital Assets. Morgan Creek Capital Management was founded in 2004 and currently manages close to $2 billion in discretionary and non-discretionary assets. Prior to founding Morgan Creek, Mr. Yusko was CIO and Founder of UNC Management Company (UNCMC), th...Read More
The moment of truth is approaching, and there likely will be a titanic struggle between the forces of inflation and the forces of deflation. Each will probably win, but in Continue...Read More
While restaurants, gyms, schools, and other buildings are closed indefinitely to prevent the spread of COVID-19, the water left sitting in pipes could change in quality.Continue...Read More
Don't expect high price inflation anytime soon. And write off as totally nonsensical any notions of hyperinflation.Continue...Read More
Mining companies with operations in Quebec are wasting no time jumping back into action Continue...Read More
While everyone is focused on the coronavirus pandemic gripping the world, tensions continue to escalate in the Middle East between Iran and the United States.Continue...Read More
In our current world of a mass surveillance police state, if you spread the coronavirus (knowingly or even unknowingly) it's very likely you'll be tracked down by the government and its health officials.Continue...Read More
Eric Sprott discusses the effect of the worsening pandemic on the global economy and the impact this will have on precious metal prices.Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott A...Read More