Talking Points From This Episode- Why the Fed's policies are deflationary.- Why hyperinflation is still a few years out.- The energy cliff and risks around societal collapse.- The outlook for precious metals in a world with limited energy.Time Stamp References:0:00 - Introduction0:38 - The Deflation Case4:24 - Bank Lending Rates6:48 - Equity Markets7:56 - The Liquidity Trap10:50 - Asset Inflation?...Read More
Todd Horwitz of BubbaTrading.com discusses with David Lin, anchor for Kitco News, the magnitude of the next market correction. However, he doesn't think investors should sell everything, much less short. This is his recommendation. 0:00 - Gold5:08 - Silver6:20 - Inflation7:55 - Jobs numbers11:34 - Overvalued stock marketTodd Horwitz - known as Bubba - is chief market strategist of BubbaTrading.com...Read More
Steel billet import price fell in Egypt in the week to Thursday, July 1, with market partiipants expecting the country's anti-dumping duties on rebar imports to be removed or reduced, sources told Fastmarkets.Egypt imposed definitive anti-dumping duties on rebar from China (29%), Ukraine (17.2-27%), and Turkey (7-22.8%) in December 2017.Now it appears the Ministry of Trade and Industry is about to...Read More
George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and...Read More
Yes, really. The Fourth of July is no longer an event to be celebrated. It has become a day of shame and remorse. Continue...Read More
After Comcast suspended a user's Internet access for downloading copyrighted material, some people are asking whether in the near future similar punishments could Continue...Read More
Gerald 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 ideology or conventional wisdom,...Read More
Recently, Abigail Disney wrote an article entitled, I Was Taught From a Young Age to Protect My Dynastic Wealth (Miss Disney is the granddaughter of Roy Disney who founded with Walt Disney the successful entertainment company in 1923).Continue...Read More
"I don't know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails," Burry told Barron's.Continue...Read More
130 countries including the entire G20 agree to an outline regarding a global minimum tax. But what does it mean? Corporations don't really pay taxes. Consumers do, through higher prices, fewer jobs, less business expansion, etc.Continue...Read More
The United States is the Constitution. If the Constitution is destroyed, the United States is destroyed. That destruction is almost complete.Continue...Read More
Following the (completely contrived) Capitol Hill "riot" on January 6th, Joe Biden made it clear - or rather, the people that control Joe BidenContinue...Read More
Gold is considered a safe investment. It is supposed to act as a safety net when markets are in decline since the price of gold doesn't typically move with market prices. If we look over the 15 years from 2005 to 2020, the price of gold has increased by 330%. Over the same period, the DJIA increased by only 153%.David Morgan is a world-renown precious metals aficionado. He is the creator of TheMor...Read More
Historically, the gold:oil (WTIC) ratio has averaged between 10:1 and 30:1 and has been a reliable indicatorContinue...Read More
Initial results from Riley Gold's maiden drilling and additional sampling at Tokop are presented in a Haywood Securities report. In a June 28 research note, Haywood Securities analyst Geordie Mark reported that Riley Gold Corp.'s (RLYG:TSX.V; RLYGF:OTCQB) initial drill results from Tokop "outline a promising start to further defining the nature and extent of gold mineralization in the target area...Read More
CIBC discusses in a report its current expectations for gold and silver, its revised price deck for both metals and why it believes now is a good time to invest in stocks in the space. In a June 22 research note, CIBC reported its equity research analysts lowered their price forecasts on gold and silver but remain bullish on both metals. As for the gold price, they decreased their forecast to $1,...Read More
First Vanadium Corp. reported it is changing its name to Phenom Resources Corp. as it is now actively engaged in gold and copper exploration in addition to vanadium. First Vanadium Corp. (FVAN:TSX.V; FVANF:OTCQX; 1PY:FSE) announced in a news release that effective July 6, 2021, it will be changing its name to "Phenom Resources Corp." The firm stated the change in its corporate name is being made...Read More
Group Ten Metals reported that the Depository Trust Company has approved its shares for electronic clearing and settlement in the United States. Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) announced in a news release that "it secured Depository Trust Company (DTC) eligibility for its shares traded in the United States under the symbol "PGEZF" effective June 29, 2021."Group Ten Metals...Read More
Japanese carmaker Nissan and Envision AESC, the battery arm of Shanghai-based green tech company Envision Group, will invest ?1 billion ($1.38 billion) to create a new energy hub in the north-east of England.Automotive giant Nissan and Envision plan to expand facilities at their carmaking plant at Sunderland, in north-east England, into a new energy hub, they announced on Thursday July 1.The proj...Read More
When credit spreads narrow, it’s bad for gold. But this time there is a silver lining we can look for, although it’s quite adverse for the economy.There are several important factors affecting gold prices. Many analysts focus mainly on the US dollar and real interest rates . However, what is sometimes even more important is economic confidence. Of course, the level of economic confiden...Read More