Money Metals, Released on 10/8/22"The gold standard would protect against Washington's irresponsible spending habits and the creation of money out of thin air," Continue... U.S. Congressman Introduces Gold Standard Bill as Inflation Spirals Out of Control added by Herman James on 10/08/2022View all posts by Herman James ?+'Read More
I made lots of small across the board buys earlier in the the week with my main focus on Nvidia, HPQ, Logitec and Arrow, and 1 big buy - Samsung. Current state of my portfolio is 71% invested, 29% cash. Remember as stock prices go up so does the percent invested, similarly when stock prices fall the percent invested naturally drops. Table Big Image - https://www.marketoracle.co.uk/images/2022/Sep/...Read More
SILVER IS DEAD IN THE WATER……and cheap; it’s a bargain! Buy it now before it goes to – $500? Seriously? One thing for sure; silver is cheaper now than it was the last time we heard such exuberant (irrational?) calls for action.In fact, the lower the silver price goes, the more fervent are the claims and projections for ever higher and seemingly ridiculous prices. After mo...Read More
Liberty and Finance, Released on 10/8/22"We're at a very precarious time," says Doomberg, Substack's #1 financial contributor. The U.K.'s financial system nearly melted down as the British pension funds were hours away from collapse, he says. Now, the Bank of Japan's attempt to peg the Yen is failing. A crisis in the Yen could bleed into the financial system in the U.S. North America is blessed wi...Read More
I made lots of small across the board buys earlier in the the week with my main focus on Nvidia, HPQ, Logitec and Arrow, and 1 big buy - Samsung. Current state of my portfolio is 71% invested, 29% cash. Remember as stock prices go up so does the percent invested, similarly when stock prices fall the percent invested naturally drops. Table Big Image - https://www.marketoracle.co.uk/images/2022/Sep/...Read More
SILVER IS DEAD IN THE WATER……and cheap; it’s a bargain! Buy it now before it goes to – $500? Seriously? One thing for sure; silver is cheaper now than it was the last time we heard such exuberant (irrational?) calls for action.In fact, the lower the silver price goes, the more fervent are the claims and projections for ever higher and seemingly ridiculous prices. After mo...Read More
The probability of "the low" being in place for silver is extremely high... by David Brady via Sprott MoneySentiment is an extremely powerful tool, especially in an emotional market like Gold & Silver. It is one of the best "contrarian" tools in my process. When sentiment is at extremes, it typically means that a turn is coming for the metals. Back in March 2021, when Gold was approaching 2079, ju...Read More
(IDEX Online) - Police are hunting an armed raider over a smash and grab attack at a jewelry store in Springfield, Virginia, USA.They've named the suspect as Lamont Marable, 25, of Maryland. He is wanted for commercial robbery, use of a firearm in the commission of a felony and conspiracy to commit a felony. Staff buzzed two suspects into the store. The suspects used hammers to smas...Read More
(IDEX Online) - The EU has imposed new sanctions worth almost $7bn on Russia, but has again decided against a ban on rough diamonds.The 27-nation bloc acknowledged that the state-owned miner was funding a submarine bearing its name. And it quoted President Vladimir Putin (pictured) as saying that Alrosa "gives serious revenues to the federal and regional budget".The EU agreed a raft of new restric...Read More
(IDEX Online) - A private collector from Florida, USA, has paid a near-record $57.7m for the Williamson Pink Star, an 11.15-ct diamond described as "rare masterpiece of nature". The pre-sale estimate was just $21m. It set a new world record for the price per carat ($5,178,124 ) at auction for any diamond or gemstone amid frenzied bidding at Sotheby's Hong Kong on Friday (7 October). And it be...Read More
As usual, truth and candor are the first casualties of war. We live in a post-information age. Narratives and propaganda dominate the media nowadays, obscuring what little "journalism" still exists today. Most notably, the "us versus them" mentality that has become so popular is here to stay. After all, the other side is nothing but a bunch of lying traitors. My side, on the other hand, fights w...Read More
The company said it received the notice on 7 October, which is due to strike action by Transnet's unions."We have implemented contingency plans to safeguard our assets and minimize the impact on operations," Kumba said."However, as a result of the disruption to Transnet's rail and port services, the estimated impact on production is approximately 50,000tpd for the first seven days and thereafter,...Read More
Financial Survival Network, Released on 10/10/22Russia/Ukraine war escalates, why aren't people more worried?PayPal tries to sneak major censorship into user agreement, gets caught.Bank of England's attempt to control bond yields is failing, so it's doubling down.Used car and house prices are now falling. Enough to offset rising energy and food prices?French police are checking fuel levels of cars...Read More
Geopolitics & Empire, Released on 10/10/22Bob Moriarty discusses how current events in Ukraine are following the law of unintended consequences. There is one still operational string of Nord Stream remaining and it must have been the U.S. with the full knowledge of European allies who carried out the attack to separate Germany and Russia once and for all. The botched pipeline and bridge attacks ha...Read More
Trends Research, Released on 10/10/22Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHFLOW (R) board game, founder of the financial education-...Read More
Wolfstreet, Released on 10/9/22The Fed will tighten "Until Something Breaks" and then pivot? Wait a minute...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, inclu...Read More
The Deep Dive, Released on 10/10/22Returning to The Daily Dive is Tavi Costa, Partner & Portfolio Manager for Crescat Capital. Tavi joins us today to discuss his outlook on the capital markets in the midst of recession risks, and he also takes us through what the charts are telling us that the Fed Reserve isn't (at least not yet). Also discussed are Tavi's insights on resources, silver, and gold.0...Read More
CNBC, Released on 10/10/22Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens' College, joins CNBC's 'Squawk Box' to discuss his outlook for future rate hikes from the Federal Reserve and what they mean for markets.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO,...Read More
Retirement Lifestyle Advocates, Released on 10/9/22 (Recorded on 10/4/22)What made you think that the 50% rise in real estate actually had anything to do with real value? It did not. A very popular guest this week on Retirement Lifestyle Advocates radio, Mr. Karl Denninger, talks with your host Dennis Tubbergen about the current recession, the Fed's reaction, and the likely scenario for the years...Read More
MSNBC, Released on 10/9/22The price of goods and these rates are just too high for so many families in the U.S. A new book by financial expert and investigative journalist Nomi Prins, "Permanent Distortion", sets its sights on the Federal Reserve and does so unflinchingly. Prins argues that the Fed, and its willingness and ability to make lots of money available for so long at such low rates to ba...Read More