U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. Index futures were slightly lower following release of economic news at 8:30 AM EDT. Consensus for the July Empire State Manufacturing Survey was a drop of 1.25% versus a decline of 1.20 in June. Actual was an increase to 11.1. Consensus for June U.S. Retail Sales was an increase of 0.8% ver...Read More
CanAlaska Uranium (TSXV: CVV; OTC: CVVUF) has discovered a significant zone of basement-hosted uranium mineralization during its summer drilling program at the West McArthur project in Saskatchewan. West McArthur is a joint venture project with Cameco (TSX: CCO; NYSE: CCJ) the world's largest public uranium company. CanAlaska currently owns about 70% of the JV and is the operator.During the seco...Read More
Shares of Wesdome Gold Mines (TSX: WDO) fell to their lowest in a year after the company reported a "weak" performance in its second quarter and said that it would be re-evaluating its 2022 guidance. The company's total gold production fell by 10% to 27,240 oz. in the second quarter of 2022, compared to 30,375 oz. in the same quarter last year. Wesdome's flagship mine, Eagle River near Wawa, On...Read More
Wall St. For Main St., Released on 7/15/22During this 50+ minute interview Jason asks Rick about the major risks to the commodities space in the near term as well as where the major opportunities are now that commodities futures have crashed over the last few months. Jason and Rick talk about the gold mining industry, silver miners producing at losses, new M&A in the gold royalty space, which comm...Read More
Patriot Underground, Released on 7/15/22*The interview begins at 2:20Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.DISCLAIMER: The...Read More
Road To Roota, Released on 7/15/22The Evergrande failure is one of many things that can pop this Global House of Cards and Chinese home buyers are now stopping payment on mortgages by the MILLIONS!! This has lead to a domestic Evergrande bond default which SHOULD trigger a TOTAL DEFAULT by Evergrande. Once that is declared officially by the rating agencies the Derivative Bubble will be hit with a...Read More
Howe Street, Released on 7/15/22Bob Hoye is a trained geologist, successful resource investor and economic historian. Bob is the chief investment strategist for chartsandmarkets.com. bob hoye, bond market, economy, federal reserve, inflation, interest rates, stock marketBob Hoye: Could This Be The Last Fed Rate Hike? added by Herman James on 07/15/2022View all posts by Herman James ?+'Read More
Citizen Free Press, Released on 7/15/22Robots are replacing Chinese Covid test staffs, giving nasal swab tests on citizens. Chinese citizens have to take daily Covid test to prove they aren't positive to keep their life going on...like this kid.Continue... Insane video from China... added by Herman James on 07/16/2022View all posts by Herman James ?+'Read More
Pento Portfolio Strategies, Released on 7/15/22While there is still more room to the upside for the Fed Funds Rate, long-term bond Continue... Michael Pento: Peak Inflation Is Not The Issue added by Herman James on 07/16/2022View all posts by Herman James ?+'Read More
Of Two Minds, Released on 7/15/22The notion that the world could always borrow more money as long as interest rates were near-zero was never sustainable. It was always Continue... Charles Hugh Smith: The Only Real Solution Is Default added by Herman James on 07/16/2022View all posts by Herman James ?+'Read More
NBC News, Released on 7/15/22An analysis published Friday in the journal Science Advances found that 42% of people with regular menstrual cycles said they bled more heavily Continue... STUDY: Menstrual changes after Covid vaccines may be far more common than previously known added by Herman James on 07/16/2022View all posts by Herman James ?+'Read More
Tavi Costa - Twitter, Released on 7/15/22Ouch.US Empire State Manufacturing survey:New orders 6-months ahead just collapsed to levels only seen during the Global Financial Crisis and the Tech Bust. pic.twitter.com/mm6pm40FnC- Otavio (Tavi) Costa (@TaviCosta) July 15, 2022 Tavi Costa is a partner and portfolio manager at Crescat Capital and has been with the firm since 2013. He built Crescat's macr...Read More
Gold should be soaringwith red-hot inflation raging, but instead it is breaking down. This history-defying disconnect hasdevastated sentiment, leaving this leading traditional inflation hedgedespised. Traders need to realize gold’sbizarre decoupling from all precedent is an extreme anomaly that will proveshort-lived. It has been driven by aparabolic US-dollar surge fueling...Read More
The Deep Dive, Released on 7/15/22Joining SmallCapSteve today is Jeffrey Christian, Managing Partner at CPM Group. Jeffrey sits with us to talk about silver prices, the JPMorgan spoofing scandal, his thoughts on the 9.1% CPI print, and the interest rates. Jeffrey also talks about what he thinks investors should keep a close watch on in the media.00:21 Diving into silver conspiracy theories06:15 Wh...Read More
Palisades Gold Radio, Released on 7/15/220:00 - Introduction0:44 - Gold Derivatives4:46 - Gold, Leverage, & Bank Risk8:10 - Systemic Risks & Bail-Outs9:45 - Gold is Useless21:45 - Gold Being Remonetized23:30 - Russia Gold & Ruble27:19 - BRICS+ Basket31:47 - Fed's Path Forward39:14 - Unemployment Numbers?41:00 - The Downward Spiral47:30 - Best-Case Scenario?51:36 - Compounding Effects55:16 - Wrap U...Read More
All week long, we've had the privilege of gazing deeper into the kaleidoscope of space than any generation before. Cosmic cliffs, sparkling galaxies, gleaming stars, distant planets, and even evidence of water and clouds... It's all on display in the first images to be relayed from the James Webb Space Telescope.The James Webb Space Telescope is the most powerful space telescope in history. It bo...Read More
Gold should be soaringwith red-hot inflation raging, but instead it is breaking down. This history-defying disconnect hasdevastated sentiment, leaving this leading traditional inflation hedgedespised. Traders need to realize gold’sbizarre decoupling from all precedent is an extreme anomaly that will proveshort-lived. It has been driven by aparabolic US-dollar surge fueling...Read More
Contra Corner (via Dollar Collapse), Released on 7/15/22 If you want to know what the economy is really reeling under, you have to look at what producers are experiencing under inflation Continue... David Stockman: How the Fed fostered double-digit inflation.....again! added by Herman James on 07/21/2022View all posts by Herman James ?+'Read More
Kinesis Money, Released on 7/15/22In this week's Live from the Vault, Andrew Maguire sits down with the director of 'The Paradigm of Money' documentary, Pete Antico, to talk about the unprecedented transfer of wealth between the shrinking Middle-Class and the financial elite. The macroeconomic scholar exposes Wall Street's corruption, drawing attention to the trillion-dollar government bailouts pr...Read More
Gold should be soaringwith red-hot inflation raging, but instead it is breaking down. This history-defying disconnect hasdevastated sentiment, leaving this leading traditional inflation hedgedespised. Traders need to realize gold’sbizarre decoupling from all precedent is an extreme anomaly that will proveshort-lived. It has been driven by aparabolic US-dollar surge fueling...Read More