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
Today we are atop our main mast. We are facing the horizon, spyglass in hand. What do we see?Heavy weather. And it is barreling towards Wall Street.Detailed forecast to follow. First we record current meteorological conditions...Drenching rains today, with local flooding in the technology sector.The Dow Jones lost 144 rain-flogged points. The S&P 500 lost 44, while the Nasdaq Composite took a...Read More
Inflation is not a guessing game anymore; it's here. Every time you buy gas at the pump or groceries at the supermarket or book a plane ticket, the price increases are staring you in the face.The problem is that inflation cannot be isolated. It's not limited to what you pay to fill up your car, for example. Truckers have to pay the same higher prices for diesel fuel, which add to transportation co...Read More
One reason American movies are so bad these days is they have forgotten how to tell a story. Stuff just happens to characters. Cause, effect and consequence no longer exist in the workshops of Hollywood.And one might sense that these imperatives are likewise missing from what used to be known as real life in the USA, with all its stories and narratives. Stuff just happens to the people in this cou...Read More
Two years ago, I was in a debate about a crazy idea being floated around at the time. It was about a new kind of tax, not on income but on wealth. There was already something legally sketchy about the idea.It is pure punishment for increased value of assets even if they were never converted into income.How can it possibly make sense that you should pay taxes on the market value of something that i...Read More
Canada's 2022 Budget has proposed to provide a total of up to $3.8 billion over eight years to develop electric vehicle components such as batteries and permanent magnets and ensure that the country becomes a "vital part" of the global critical minerals industry. The budget allocates up to $1.5 billion for the development of critical minerals supply chains, with "a focus on priority deposits."...Read More
The mining industry is playing by the wrong rules, and has been for decades. Many of us are scientists, and believe truth is discovered by establishing all of the facts. However, as Oscar Wilde told us, the truth is rarely pure and never simple. Reality is easily distorted by incomplete data and misunderstood information, and what is real doesn't matter as much as people's perceptions, accurate or...Read More
Several analysts have adjusted higher their metal price assumptions for 2022 as the February Russian invasion of Ukraine drags on, wreaking havoc on global metals and mineral supply chains.Moody's Investors Service released a report on Apr. 6 flagging spiking prices for commodities Russia is a crucial producer of. These include aluminum, zinc, nickel, copper, gold and metallurgical and thermal coa...Read More
Kinross Gold (TSX: K; NYSE: KGC) is aiming to report an initial inferred resource for its recently acquired Great Bear (Dixie) project in Red Lake, Ont., by the end of the year. The gold miner, which paid $1.8 billion in cash and shares for Great Bear in a deal that closed in late February, plans to start a prefeasibility study on the project in 2023. With 10 drill rigs at work at Dixie, Kinros...Read More
With the addition of a first resource for the Larkin Zone at its Beta Hunt mine in Western Australia, Karora Resources (TSX: KRR; US-OTC: KRRGF) has increased its measured and indicated gold resources, net of depletions, by 8% and its inferred resources by 43%. The Larkin Zone holds 1.4 million tonnes grading 2.6 grams gold per tonne for 119,000 oz. gold in the measured and indicated category....Read More
Colombia plans to hold two bidding rounds - one for gold and one for coal exploration contracts - before the end of June, as part of ongoing efforts to strengthen the country's mining sector.Speaking at the ELAMI mining conference held this week, the president of the national mining association ANM, Juan Miguel Dur??n, said the first round of bids will be launched this month and will focus on coa...Read More
Did you hear about the Russian jet that crashed outside of Kyiv?It ran out of coal.Kidding.But if Ukrainian intelligence is accurate, 150 Russian aircraft have been successfully downed over the course of the war so far.And if British intelligence is correct, at least one of those jets was shot down by fellow Russians in a friendly-fire incident."We've seen Russian soldiers - short of weapons and m...Read More
I love the spectacle Opening Day brings.Baseball fans are never more excited than they are at this time of year. After all, every team is in first place on Opening Day. From Dodger Stadium in Los Angeles to Citi Field in Queens, you can feel the electricity in the air in early April. Truth be told, there are few things I enjoy more than taking in a baseball game with friends and family on a warm...Read More
Stansberry Research, Released on 4/8/22"America has stopped producing products, we produce bubbles," says best-selling author of "Rich Dad, Poor Dad," Robert Kiyosaki. He warns inflation levels correlate to a serious problem only getting worse, adding that, "the repo market has inverted again," and a recession is imminent. Kiyosaki asserts that Solana is in the very beginning stages and has a "lon...Read More
Trends Research, Released on 4/7/22Peter Schiff, the chief economist at Euro Pacific Capital, told Gerald Celente in an interview published Thursday that Americans need to be prepared for a "dramatic collapse" of the economy."Interest rates are going substantially higher from here. They're still much too low," he said. "We're now kind of approaching three percent yields on U.S. treasuries, we're n...Read More
GoldSilverBitcoin, Released on 4/8/22Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set up his own business, Marc Faber Limite...Read More
Wealthion, Released on 4/8/22I'm very excited for this interview for two reasons: First, it's with economist David Rosenberg, one of Wall Street's most-awarded analysts over the past 30 years. Given the darkening storm clouds of slowing economic growth, rising interest rates, inflated asset price & increasing market volatility - I can't think of a better person to interview for the conditions we p...Read More
Kinesis Money, Released on 4/8/22In this week's Live from the Vault, Andrew Maguire unpacks the Bank of Russia's shocking decree, declaring the bank will accept only gold or gold-pegged Ruble payments for oil, energy and commodities. The precious metals expert explains how Russia's attempts at bypassing recent sanctions could trigger huge arbitrage opportunities and bolstering the Ruble's value in...Read More
Harry S. Dent Jr., Released on 4/8/22It's back to the future! As inflation heats up, economist Harry Dent discusses what would have happened to the economy if the central banks hadn't added $5.1T in stimulus in the past two years alone, what's happened instead, and the most likely timing of the coming crash.Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling au...Read More
CNBC, Released on 4/7/22Jim 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 built a decades long reputation for objective, incisive commentary that challenges consensus thinking. In nearly 20 years a...Read More
George Gammon, Released on 4/7/22Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid...Read More