Michael Pento discusses whether or not China's geopolitical power can rise fast enough to outrun its imploding corporate and household debt. Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm....Read More
Ever since Dick's Sporting Goods and banks such as Citigroup made business decisions in line with the mainstream media's push for gun control, some opponents Continue...Read More
The story running around is that the hackers known as the Dark Overlord claim they will release 911 Documents unless they are paid a ransom in BitCoin. This Continue...Read More
While the BitCoin people have hated me for not agreeing with them that a private currency could displace the currencies of all nations and BitCoin would be the new "reserve currency" Continue...Read More
Apple collapsed almost 10 percent Thursday, a day after it slashed its revenue guidance in a rare acknowledgement of a slowing global economyContinue...Read More
As Elizabeth Warren inches closer to officially launching her campaign after creating an exploratory committee earlier in the week and announcing plans to visit Iowa and close Continue...Read More
With $5.5 million in the treasury, strong summer drilling results and multiple projects in the works, Aben Resources makes plans for 2019. Aben's Forrest Kerr Gold ProjectAben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB), a Canadian gold exploration company, recently released final results from its 2018 diamond drilling project at the Forrest Kerr Gold Project.Located in British Columbia's Golden Tria...Read More
A BMO Capital Markets report discussed the firm's recent financing and changes to the development plan for its Nunavut asset. In a Dec. 21, 2018, research note, BMO Capital Markets analyst Andrew Kaip reported that Sabina Gold & Silver Corp. (SBB:TSX; RXC:FSE; SGSVF:OTCPK) will use proceeds from its recent CA$28.1 million bought deal financing to advance its Back River project and for general cor...Read More
– Gold acts as hedge in 2018 – up 2.7% and 3.8% in euros and pounds (see tables & charts)– Stocks fall sharply – S&P500, FTSE & Euro Stoxx 5o fall 6.25%, 12.5% & 15% respectively– Worst year for most international equity indices since 2008– Sharp falls in economically sensitive commodities: oil (WTI), gasoline and lumber down 24.2%, 27% &...Read More
CloseGain/LossGold $1294.60+$11.60Silver$15.73+$0.22XAU72.17+1.73%HUI163.37+1.65%GDM597.67+1.98%JSE Gold1445.45+47.57USD96.25-0.54Euro113.99+0.55Yen93.40+1.71Oil$47.09+$0.5510-Year2.560%-0.095T-Bond148.4375+1.6875Dow22686.22-2.83%Nasdaq6463.50-3.04%S&P2447.89-2.48% The Metals: Gold gained $9.30 to $1292.30 in Asia before it dropped back to $1284.80 just after 8:15AM EST,...Read More
Precious metals markets enter 2019 withan opportunity to shine. Several major bullish drivers are lining up to startthe New Year – including technical, fundamental, monetary, and politicaldrivers. Before delving into each of them, let’sconsider where we’ve been over the past 12 months.To be frank, 2018 wasn’t a particularlybright year for gold and silver prices. Gold will f...Read More
CloseGain/LossGold $1294.60+$11.60Silver$15.73+$0.22XAU72.17+1.73%HUI163.37+1.65%GDM597.67+1.98%JSE Gold1445.45+47.57USD96.25-0.54Euro113.99+0.55Yen93.40+1.71Oil$47.09+$0.5510-Year2.560%-0.095T-Bond148.4375+1.6875Dow22686.22-2.83%Nasdaq6463.50-3.04%S&P2447.89-2.48% The Metals: Gold gained $9.30 to $1292.30 in Asia before it dropped back to $1284.80 just after 8:15AM EST,...Read More
By Ira EpsteinGold continues to work higher.https://www.iraepstein.com/ Read More
HighlightsSeason 14 kicks off with part II of the discussion with Bob Hoye of Institutional Advisors, with stellar news for gold shares aficionado."PM's stocks will go to the equivalent of $10,000 gold," in the nascent bull market advance.The dialogue includes the "citizen uprising" occurring throughout Europe and North America. The host underscores the timeless wisdom of Mohandas Ghandi, who pr...Read More
By Frank Holmes CEO and CIO of U.S. Global Investorsclick to enlargeGlobal uncertainty made gold a holiday winner for investors seeking a relatively safe haven. U.S. stocks just logged their worst year since 2008 their worst December since 1931 as fears over global trade, ballooning debt, the end of accommodative central bank policy and a U.S. government shutdown unsettled investors. Against thi...Read More
What will happen next & what to do now Welcome to our new readers and a very Happy New Year to everyone!Now that it's 2019, we're going to start the new year here at Peak Prosperity by responding to the wishes of our premium subscribers and making our most recent premium report free to everyone.For those unfamiliar with our work, it's based on the idea that humanity is hurtling towards a disaste...Read More
By Ross NormanThere is probably no more irritating an adage than the old Wall Street one which says "no one rings a bell at the bottom or top of a market" ... but it does highlight the purpose or value of making a trading call - or if you prefer (as it is the season for it) ... in making a forecast.No one wants to be too early in calling a bottom in gold as your career would then be aligned with...Read More
By Craig HemkeAs 2018 drew to a close, the prices of Comex gold and silver began to move higher. This was just as expected and we wrote about these pending year-end rallies on several occasions. Before going further, perhaps you should take time to review these links: This from early November: https://www.sprottmoney.com/Blog/into-year-end-wit...This from mid-December: https://www.sprottmoney.co...Read More
By Ryan WildaySome time has passed since I wrote a more lengthy article, but not nearly as long a time as this grueling bear market in cryptos - now 12 months long, and counting. So, in this article I'd like to rewind the clock a bit. When we first saw our bull market top in cryptos, I did not fully expect a long bear market such as we've seen. While the March breakdown confirmed in my mind tha...Read More
- Gold acts as hedge in 2018 - up 2.7% and 3.8% in euros and pounds (see tables & charts)- Stocks fall sharply - S&P500, FTSE & Euro Stoxx 5o fall 6.25%, 12.5% & 15% respectively- Worst year for most international equity indices since 2008- Sharp falls in economically sensitive commodities: oil (WTI), gasoline and lumber down 24.2%, 27% & 23.8% respectively- Volatility surges as seen in VIX ris...Read More