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
Today's guest, Alasdair Macleod, joins us to share his thoughts on tariffs, the United States deficit spending and how to implement gold back into the monetary system.Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist. Read More
Part 1 (part 2 below)DoubleLine Capital CEO and founder sits down with CNBC's Scott Wapner to discuss where he sees the market going amid U.S-China trade war tensions.Part 2DoubleLine Capital CEO and founder sits down with CNBC's Scott Wapner to discuss the national debt and national deficit and why he's concerned. Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of Dou...Read More
President Trump is threatening additional billions in tariffs against Chinese imports while sending warships up to China's declared territory in the South China Sea. Is this another big bluff? Will talks continue? What do the markets have to say about it?Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, includi...Read More
Max and Stacy discuss the booming GDP numbers as stock markets continue to hit new all-time highs. Despite the great headline numbers, former Obama administration economic advisers claim that the real economy - consumer spending and business investment - continues to show signs of stress. Max and Stacy delve into the economic powerhouse that is California, where every $100 of sales by a company in...Read More
Police had wide authority to seize assets without having to prove a crime even happened, but now the state is tightening the rules.Continue...Read More
Prominent Jewish conservative @OfficeofMike has been suspended for running an AOC parody account, which does not violate any of Twitter's policies.Continue...Read More
According to Q1 results, Kirkland Lake Gold is headed for a profitable 2019. The company said its cash position was up 25% to reach $83.9 million. Operating cash flow grew 95% to $174.4 million, and that resulted in record free cash flow of $93.1 million, an 85% jump from Q1 2018 and up 8% over Q4 2018.During the first quarter of this year, the company's revenue grew 54% to a record $304.9 million...Read More
By now just about everyone understands what junk bonds are and why they matter. But there's a non-publicly traded version of this kind of debt that's also soaring and has Continue...Read More
Kinross Gold (TSX: K, NYSE: KGC) released its first quarter results on Tuesday, and the world's no. 4 gold miner reported strong quarterly performance and said it is on track to meet 2019 annual guidance.Kinross reported first quarter gold equivalent production of 606,031 ounces, which is in line to meet 2019 guidance, targeted at 2.5 million ounces.Production cost per ounce was $682, a win for Ki...Read More
Tom and Robert begin the episode with discussing their takeaways from the annual Investor Summit at Sea. Robert goes every year to learn more than to speak. Aside from running making a profit, Robert emphasizes the importance of spirituality and giving when it comes to investing. He talks also defines an infinite return as use other people's money (OPM) to make money and not pay taxes - this is th...Read More
How bad is the trade war for materials investors? How about nearly $22 billions lost within day and a half - and counting.The S&P 500 Materials Index fell about 3.4 percent from Friday's close, after President Donald Trump threatened to raise tariffs on billions of dollars of imports from China. The total value lost for the index totaled about $22 billion since then, according to Bloomberg data. T...Read More
Shares of IAMGOLD (TSX: IMG) (NYSE: IAG) slumped more than 12% at market open on Tuesday following its Q1 results release, bringing its market capitalization down to $1.2 billion. The Toronto-based gold miner reported an adjusted net loss of $2.2 million, or roughly $0 per share, falling short of analysts' expectations of $0.01 per share.According to the company, it had a challenging first quarter...Read More
Gold imports by India surged in April amid falling prices and higher demand ahead of the second-biggest gold-buying day in the Hindu calendar.Inbound shipments grew to 121 tons last month from 52.8 tons a year earlier, according to a person familiar with the data, who asked not to be identified as the information isn't public. Shipments were higher than the 73 tons in March as well. Finance Minist...Read More
'I am told this is a garbage disposal. I've never seen a garbage disposal. I never had one in any place I've ever lived. It is terrifying. I don't know what it's for, or what itsContinue...Read More
Indians could buy at least 10 percent more gold during the annual Hindu and Jain holy festival of Akshaya Tritiya than a year ago, industry officials said, as a dip in prices prompted consumers to increase purchases.A rise in consumption by the world's second-biggest gold consumer could help global prices which are currently hovering near a 4-month low, but could widen India's trade deficit and pu...Read More
Newmont Goldcorp Corporation (NYSE: NEM)(TSX: NGT), the world's largest gold producer by market value, output and reserves, is expected to churn out 8.4 million ounces of the precious metal this year, or 7.1% of the total global output, according to data and analytics firm GlobalData.In comparison, main rival Barrick Gold's (TSX:ABX)(NYSE:GOLD) output for 2019 is estimated at only 5.6 million oun...Read More
"The United States is not seeking war with the Iranian regime, but we are fully prepared to respond to any attack, whether by proxy, the Islamic Revolutionary Guard Corps, Continue...Read More
Ecuador-focused miner SolGold (LON, TSX:SOLG) said Tuesday that recent results from the Porvenir project, held by its wholly owned subsidiary Green Rock Resources, suggest the presence of a "significant" copper-gold system.Mapping and sampling, SolGold said, has extended copper-gold mineralization at Cacharposa Creek on Porvenir, located in southern Ecuador. The samples, the company noted, show...Read More
3.2% GDP and 3.6% unemployment. Those are the two number that changed Trump's negotiating power with China. Continue...Read More