Share this articleTORONTO - A panel at the Ontario Securities Commission has approved a $30-million settlement with Katanga Mining over the company's misleading statements and its failure to properly disclose the risks of operating in the Democratic Republic of the Congo.Katanga, majority owned by Swiss mining giant Glencore Plc, says as part of the settlement it will make a $28.5-million payme...Read More

On April 17, 1793, three French soldiers broke into the tomb of Michel de Nostredame, a man we know as Nostradamus.Legend has it that one man, a Corporal Adelaide, picked up the skull in an attempt to gain the power of the long-dead seer.His fellow soldiers bore witness that his eyes opened wide as he gained full knowledge, then was immediately struck down and killed by an errant bullet, fired fro...Read More

 CloseGain/LossGold $1249.30+$3.00Silver$14.64-$0.03XAU70.61+2.05%HUI160.34+2.31%GDM583.74+2.24%JSE Gold1328.43+26.18USD97.06-0.08Euro113.64+0.17Yen89.18+0.64Oil$46.24-$3.6410-Year2.823%-0.035T-Bond144.4375+0.65625Dow23675.64+0.35%Nasdaq6783.91+0.45%S&P2546.16+0.01%  The Metals: Gold erased early Asian gains and dipped to $1245.10 at about 2AM EST before it rallied up to $1...Read More

By Dave KranzlerA friend asked me today what I thought Powell should do. I said, "the system is screwed. It ultimately doesn't matter what anyone does. The money printing, credit creation and artificially low interest rates over the last 10 years has fueled the most egregious misallocation of capital in history of the universe.Eventually the Fed/Central Banks will print trillions more - 10x mo...Read More

Dear Friend of GATA and Gold:Thanks to C.C., our new friend in Shanghai, China, for alerting us to Chinese-language commentary published in August in the Hong Kong Economic Journal that cited GATA extensively, even taking for illustration the GATA painting by Alain Despert: https://www1.hkej.com/dailynews/investment/article/1914231/ Your secretary/treasurer today has had some fun attempting a tr...Read More

The last few years of the Everything Bubble were driven by the ultimate dumb money: corporations borrowing to buy back their stock at record high prices. A whole generation of CEOs and CFOs were able to pad both their reputations and their year-end bonuses this way while, it seemed, blatantly screwing over their employees and other stakeholders. Like most other kinds of criminal negligence, this...Read More

Graceland Updates By Stewart Thomson 1. The US stock market continues to implode. At the same time, precious metals, bitcoin, and the Indian stock market are acting as superb safe havens.2. Please click here now. Double-click to enlarge this great short term gold chart.3. Note the positive bounce from buy-side support at $1237, and the inverse H&S bottom pattern. A fresh r...Read More

By David Haggith It's downright wintry on Wall Street right now. Firmly establishing the worst start of a December for the US stock market in 38 years, all three major stock indices plumbed the greatest depths they have hit all year ... and it's been a bad year! The S&P 500 and the Nasdaq closed at 2,546 and 6,754 respectively. The Dow closed down 504 points to rest at 23,593. If it closes the...Read More

Dear Friend of GATA and Gold:Are gold and silver mining companies joining the class-action lawsuits being filed against investment bank JPMorganChase because of the confession by a former futures trader for the bank who has pleaded guilty to manipulating the monetary metals markets?:https://www.cnbc.com/2018/12/13/jp-morgan-faces-lawsuits-after-guilty-pl...While gold and silver mining investors...Read More

By Steve St. AngeloInvestors will be surprised to know the main factor that drives the gold price. And no, it isn't the oil price or market. While the oil price has been a good indicator for the gold price over the past 50+ years, it hasn't done much over the shorter term. However, there is a gold market demand factor that seems to move the gold price more than any other indicator.In my ne...Read More

By Keith WeinerFor the first time since we began publishing this Report, it is a day late. We apologize. Keith has just returned Saturday from two months on the road.Unlike the rest of the world, we define inflation as monetary counterfeiting. We do not put the emphasis on quantity (and the dollar is not money, it's a currency). We focus on the quality. An awful lot of our monetary counterfeitin...Read More

Although I've projected a further 3.3% drop in the E-Mini S&Ps over the near-term, we should remain open to the possibility of a stock-market reversal on Tuesday that would kick off the increasingly prayed-for Santa rally/dead-cat bounce. The chart shows what would need to happen to trip the bullish signal. Specifically, the March contract would need to push above the small peak at 2616.75 tha...Read More

Tomorrow, the FOMC will publish its monetary policy statements and economic projections. How could they affect the gold market? And what about the recent developments in Europe? FOMC Preview and Gold The market awaits the monetary policy decision of the FOMC and its fresh economic projections. If the Committee surprises on the dovish (hawkish) side, gold will shine (struggle). Our bet is that...Read More

By Avi Gilburt This article was written on Sunday Dec 16: Last Monday, the market dropped over 70 points from its intra-day high to just below 2600SPX, and a reporter on television claimed it was due to the "postponement of the Brexit vote." Yet, around mid-day, the market began to rally off its lows, and ended positive for the day. But, there was no substantive reason cited for this rally....Read More

By Frank HolmesGold mining investors and Canadian capital markets received an early Christmas gift last Friday. Wheaton Precious Metals, one of the largest precious metals streaming companies in the world, announced that it reached a settlement with the Canadian Revenue Agency (CRA), the equivalent of the IRS. Before now, Wheaton had been in an ongoing legal feud with the agency over internation...Read More

The Fed probably will implement another 0.25% rate hike this week, but at the same time it probably will signal either an indefinite pause in its rate hiking or a slowing of its rate-hiking pace. The financial markets have already factored in such an outcome, in that the prices of Fed Funds Futures contracts reflect an expectation that there will be no more than one rate hike in 2019. However, t...Read More

Harley Schlanger's work can be found at LaRouchePAC.com.Read More

Max interviews Dr. Michael Hudson, author of the new book "... and forgive them their debts", about the history of debt forgiveness. Hudson explains that the rulers of Byzantium wiped out the savings of rich people by forgiving debts because canceling debts does not cause economic crises but prevents them.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial pro...Read More

Join Mike Maloney as he shows how a 'taxation nightmare' is evolving at a rapid pace around the world. Three recent examples of government meddling are provided, and anyone who has studied monetary history will know that this does not end well. Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sal...Read More

In the land of the fee and home of the slave, incoming Democrats have already drafted a bill that will criminalize private gun sales. As a "free" American, you Continue...Read More