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
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
Liberty and Finance, Released on 4/7/22"The whole world has woken up to inflation," says Andy Schectman, CEO & president of Miles Franklin Precious Metal Investments. "It's not just North America competing for all of this gold and silver - it's the whole world." Supply of physical precious metal bullion is dwindling and premiums are rising such as Schectman has never seen in his 30+ year career.0:...Read More
Caitlin's Newsletter, Released on 4/7/22NBC News has a new report out citing multiple anonymous US officials, humorously titled "In a break with the past, U.S. is using intel to fight an info war with Russia, even when the intel isn't rock solid". Continue... US Officials Admit They're Literally Just Lying To The Public About Russia added by Herman James on 04/08/2022View all posts by Herman James...Read More
Steve Hanke - Twitter, Released on 4/7/22Civil unrest is breaking out in Shanghai, China as Chinese citizens claim they cannot leave their homes to buy food due to lockdowns. Take a look.pic.twitter.com/7m0gR56waQ- Steve Hanke (@steve_hanke) April 7, 2022 Civil unrest is breaking out in China added by Herman James on 04/07/2022View all posts by Herman James ?+'Read More
Institute for Political Economy, Released on 4/8/22I have emphasized for years that these provocations of Russia will eventually cross a red line and result in Continue... Paul Craig Roberts: Nuclear War Is On The Horizon added by Herman James on 04/08/2022View all posts by Herman James ?+'Read More