Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Brazilian slab and hot-rolled coil producer ArcelorMittal Tubar??o expects to resume operations at its hot-strip mill this week, after the equipment was put under maintenance on Monday March 8."ArcelorMittal Tubar??o informs a stoppage occurred in its hot-strip mill on March 8, 2021, with no impact on safety. The equipment is under maintenance, aiming to...Read More
Never fear more stimulus is on the way. Reddit/Robinhood are getting their checks and don't forget the infrastructure program that's on the way. $4 trillion coming into the market. Very stimulative and inflationary too. Cities and states are having their debts paid off by the government. Is the stimulus uneccesary? Will it be more harmful than beneficial. Lumber, copper, everything is going up. Ma...Read More
Rob Kirby is a financial commentator and former broker who worked on an institutional trading desk for most of the 1980s and right up until 1996. He also worked for 11 years at Prebon Yamane, an international inter-dealer broker of foreign exchange and interest rate products. He spent an additional year at another money/bond broker called Freedom Bond Brokers, then spent two years at Garban Inc.,...Read More
John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a freq...Read More
Talking Points From This Episode- Physical silver and ETF demand- Energy as the principal market driver.- Cost of mining and the gold/silver ratio.- Bond markets and inflation.- Global supply change risks.Time Stamp References:0:00?EUR< - Intro0:39?EUR< - Silver Demand Strength3:06?EUR< - Overall Metal Demand4:22?EUR< - Major ETF Flows6:58?EUR< - SLV Withdrawals8:14?EUR< - Silver Endgame9:44?EUR<-...Read More
0:00?EUR< Introduction0:45?EUR< Has gold bottomed?11:39?EUR< Powers that be only care about inflation if it affects wages?13:29?EUR< First Majestic Silver acquires NV gold mine18:11?EUR< Still bearish on copper?21:39?EUR< Mining Stock PicksDave Kranzler is the editor of the Mining Stock Journal and returns to the program to discuss whether gold has bottomed and as share some of his current mining...Read More
These manias and the rising long-term interest rates are on a collision course.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 Texas and Oklahoma, including a decade as General Manag...Read More
Kevin O'Leary is a Canadian businessman, investor, and television personality. From his basement, he launched SoftKey Software Products and In 1999 Kevin sold his company to the Mattel Toy Company for a staggering 3.7 billion dollars, one of the largest deals ever done in the consumer software industry. To keep his money working hard, he took control of his wealth from his lackluster money manager...Read More
A 65 year old Galveston woman found herself tackled, handcuffed, arrested, and with a broken foot after she refused to leave a local Bank of America branch without her money. The bank demanded she put on a mask, she refused, so they called in the police. Property rights? Also today, first anniversary of the Covid lockdowns. Success or tragic failure?Dr. Ron Paul is a physician and former twelve-te...Read More
"There was like six or seven, the big black vehicles that follow like on the Criminal Minds TV series ... They busted down the front door."Continue...Read More
Last week President Biden addressed the nation on the first anniversary of the coronavirus being declared a "pandemic." It was a disturbing speech, warning us that the "hopeful spring" will only emerge "from a dark winter" if all Americans "stick with the rules."Whose rules? His rules.The message from the president was clear: he will only allow us to have some of our freedoms back if we do exactly...Read More
While Gold is correcting the move since 2016 or 2018, the better question is, has the bull market even started?Continue...Read More
The bottom line is that the Democrats are working overtime to indict Continue...Read More
Ed Steer is the founder of Ed Steer's Gold and Silver Digest and a director at GATA.org.Read More
While Bitcoin seems to make frequent new all time highs hitting $61k in the last 24 hours, paper gold and silver prices continue to get smashed. Especially paper silver prices which have been smashed a lot lately down to below $26/oz now. Perhaps these paper price smashes are demoralizing people as the amount of physical silver inflows into the Sprott Physical Silver Trust (PSLV) slowed considerab...Read More
An increasing number of European countries - including Germany, France, Italy and Spain - suspended use of AstraZeneca's COVID-19 vaccine Monday over Continue...Read More
Reuter is reporting that India will soon propose a law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets, according to a senior government official.Continue...Read More
For the 9th straight month, foreigners bought US equities in January (latest data)...And once again the last 12 months have seen $375 billion of inflows, the greatest US stock buying by foreigners ever...Continue...Read More
Biden is embarking on what could be the biggest federal tax hike since 1993 (remember 'no new taxes'?) to finance an infrastructure plan, Biden's climate-change initiatives, health care and economic inequality.Continue...Read More
It would take until 1993- TWENTY FIVE YEARS later- until the S&P 500 reached a level that, after adjusting for inflation, exceeded its high from 1968.Continue...Read More