Never in my life have I ever witnessed such a political coup to take over the world and impose their vision of a socialistic, green environment. Continue...Read More
Talking Points From This Episode- Inflation Forces Monetary vs. Non-Monetary.- The debt-based system and debt growth.- CPI & dishonesty in economics.- Why bitcoin is not money.0:00?EUR< - Introduction0:35?EUR< - Inflation Vs. Deflation3:08?EUR< - Inflations "Twin"4:00?EUR< - Rates8:35?EUR< - CPI & Dishonesty11:25?EUR< - Interest Rates & Inflation16:17?EUR< - Fed Assets & Hyperinflation19:47?EUR< -...Read More
Almost half of all Americans changed their sports viewing habits, according to a new YouGov / Yahoo News poll, due to the social justice message being pushed onto Americans by the Left. Continue...Read More
The White House released a fact sheet of President Joe Biden's proposed $2.5 trillion infrastructure bill on Wednesday, detailing his multi-billion-dollar spending priorities.Continue...Read More
The recent rise in tensions between the US and Russia over continued simmering conflict in Ukraine seemed to correspond with the Biden administration entering the White House. Many pundits have Continue...Read More
"But he's a sweet dog. Eighty-five percent of the people there love him. He just - all he does is lick them and wag his tail. But ... I realize some people, understandably, are afraid of dogs to begin with."Continue...Read More
BMO Capital Markets advised that it has raised its rating on Calibre Mining Corp. to an Outperform after the firm successfully increased its mineral reserves and thereby considerably extended the projected mine life at two of its Nicaraguan gold projects. In a March 29 research note, BMO Capital Markets research analyst Brian Quast reported that the firm is upgrading gold exploration and developm...Read More
A bill introduced in Congress would repeal capital gains taxes on gold and silver.Continue...Read More
A CIBC report discusses Wheaton Precious Metal's acquisition of a gold stream at Santo Domingo. In a March 25 research note, CIBC analyst Cosmos Chiu reported that Wheaton Precious Metals Corp. (WPM:TSX; WPM:NYSE) agreed to purchase from Capstone Mining a gold stream on future production from its Santo Domingo copper-iron-gold project in Chile for $290 million. "This is a good transaction for Whe...Read More
Treasury yields have risen to a 14-month high, boosting the U.S. dollar, which in turn has put downward pressure on gold. Jim Wyckoff, senior market analyst for Kitco News, said that the short-term technical indicators for gold have deteriorated. "We hit a new 3-week low today [Tuesday] in the gold market. We've got some very strong chart support at the March low of $1,673 and change. If we drop b...Read More
Zinc producer Trevali has begun trucking ore concentrate at its mothballed Caribou mine in the Canadian province of New Brunswick, the company said on Tuesday March 30.The activity follows the producer reopening the Caribou mine in mid-January. It had been on care and maintenance from March 2020.The Caribou mine's last full year of activity was 2019, when it recorded 34,017 tonnes of zinc producti...Read More
Positions in the USDX are shiftingfrom shorts to longs, so gold investors should look closely. Why? Because it’san inverse relationship.We’ve discussed the negative correlationbetween the dollar and the precious metals many times before, but it can neverbe discussed enough, particularly as the situation develops and the outlook forthe USD Index becomes more positive.Once the USD Index...Read More
China is signaling a new stance on environmental inspections and production curbs with a new policy which will see inspectors trawling the steel sectors in eight provinces.Inspectors will visit Shanxi, Liaoning, Anhui, Jiangxi, Henan, Hunan, Guangxi and Yunan to ensure that China continues to meet environmental protection policies and reduce emissions as well as checking the performance and implem...Read More
Precious Metals have continued to slide sideways as the US stock markets have rallied into the FOMC meeting last week. Not by coincidence, metals have continued to base/bottom near recent lows as concerns about the global debt/credit markets, central banks, and precious metal supplies continue to linger. The US Fed indicated it will do whatever is necessary to support the recovering ec...Read More
Another day, another reversal – and a positive one forstocks. Universal sectoral weakness gave way to a unison rebound amidconstructive outside markets. After weeks of on and off fits over rising Treasuryyields, S&P 500 ran into headwinds on their retreat, and recaptured itsluster yesterday as long-dated Treasuries (TLT ETF) rolled over to thedownside. I guess nothing boosts confidence a...Read More
Cadence Minerals has started the shipment of iron ore from stockpiles at its joint venture Dev Minera????o's, in Brazil's northern Amap?? state, the company said on Monday March 29.The shipment, which is the first since the site was closed in 2015, is for 45,000 tonnes of iron ore that due to sail this week. Fastmarkets' index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao was calculate...Read More
Many analysts expect silver to outperform gold this year. It’s possible, but investors shouldn’t count on improving economic conditions and industrial demand.Silver has recently become a hot investment theme. For months, if not years, some analysts claimed that silver is undervalued relative to gold. Then, at the beginning of 2021, Reddit revolutionaries tried to trigger a short squeez...Read More
The rally in the antimony price reached a celling and began to trend downward with no signs of a rebound for the time being, with producers in China and traders in Europe destocking material at lower levels amid little buying appetite.That said, external factors, such as upcoming environmental inspections in Hunan, China, and delays caused by the blockage of the Suez Canal could halt the decline,...Read More
While everyone was paying attention to the FOMC, Gold & Silver, and the Treasury Yields, it appears the recent commodity rally trend took a big hit on Thursday, March 18, 2021. Our guess is that the FOMC statement did nothing to support the continued commodity price rally as the US Fed continued with near-zero interest rates and economic support through 2023. The rally in commoditi...Read More
Peter Krauth, editor of Gold Resource Investor, looks at the Fed's actions and what they augur for gold. This week Fed Reserve Chair Jerome Powell spoke at the "Innovation Summit" hosted by the Bank for International Settlements.During his talk, he dissed Bitcoin and cryptocurrencies saying they were "…highly volatile and therefore not really useful stores of value, and they're not backed b...Read More