Many are forced into prostitution and forced to sleep with up to 20 men a day for nearly no pay at all. Continue...Read More
Bill Binney is the former Technical Director of the National Security Agency. Bill blew the whistle on warrantless spying years before Edward Snowden released the evidence. Read More
Jordan Roy-Byrne, Founder of The Daily Gold shares some of the charts he thinks are the most important for gold investors. Gold against foreign currencies is at an all time high but look at where gold is against the USD. There's a big disconnect there. Also the trend of gold moving down against the US markets has seen a major shift. These are a couple of the major factors to watch that will suppor...Read More
One way or another, we're going to have to address the $trillions of outstanding bad debts. Over the past decade, the world's central banks have distorted the price of money by bringing interest rates to record lows. With credit so cheap, asset prices have risen dramatically as companies and governments have borrowed to the hilt. And now with the "Everything Bubble" threatening to burst (perhaps i...Read More
Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he also has an MBA from the University of Chicago, with a concentration in accounting and finance. Currently, he co-manages a precious metals and mining stock investment fund in Denve...Read More
Long-time stock market bull Jim Cramer says the U.S. economy is not on the verge of a recession, despite plummeting rates in the debt market. Continue...Read More
After two months of torrid gains for revolving, or credit card debt, moments ago the Fed reported in its monthly consumer credit report that in June US consumer Continue...Read More
Central banks in New Zealand, India and Thailand all cut rates more than expected on Wednesday, accelerating the money-printing trend and boosting gold around the worldContinue...Read More
Wednesday saw gold trade above $1,500 for the first time in a long time, bringing its 2019 gains to more than 18%.Continue...Read More
With the silver price spiking, and the shale industry getting hammered, there's a lot of volatility in the market. So what's going on, and perhaps more importantly, what should investors be watching out for?Fortunately I was joined by Steve St. Angelo of the SRS Rocco report, who walked through some of the fundamentals and technicals of silver. And also explained how problem in the #energy sector...Read More
The facility will support the company's existing gold project there and its exploration efforts nearby. Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) announced in a news release it began commissioning its newly constructed geochemical assay and metallurgical laboratory at its headquarters on the island of Viti Levu in Fiji. The facility is only 1 kilometer away from the Nadi International Airport...Read More
The latest drill results are delivered and interpreted in an iA Securities report. In an Aug. 1 research note, analyst George Topping reported that iA Securities raised its target price on Wesdome Gold Mines Ltd. (WDO:TSX) to CA$7.50 per share from CA$7 because definition drilling in the Kiena project's Deep A zone "continues to yield excellent results." The current share price is around CA$7.08....Read More
Technical analyst Clive Maund describes how the takeover deal has and will affect stock prices for both companies. Our assessment of Terraco Gold Corp. (TEN:TSX.V; TCEGF:OTCPK) in prior updates was that it was undervalued and a takeover candidate, an assessment that has since been proven correct as it is merging with Sailfish Royalty Corp. (FISH:TSX.V; OTC:SROYF), to the advantage of the sharehol...Read More
The Federal Reserve cut interest rates on Wednesday(July 31, 2019) for the first time in more than a decade.It was tryingto keep America’s record-long economic expansion going by insulating theeconomy from mounting global threats. Source: US Federal ReserveAugust 1, 2019, just a day after Fed rate cut.USPresident Donald Trump said the US would place a 10 per cent tariff on $300bn i...Read More
Dear Friend of GATA and Gold:Over a weekend in April six years ago, without any corresponding news, the gold price was smashed out of the blue for nearly $200. For months before the smash analysts often said that China had put a floor under the gold price, buying whatever it could to hedge its U.S. dollar exposure without pushing gold's price up too much.That analysis made sense, since, with its...Read More
Stefan GleasonThe world is in the midst of one of the strangest asset bubbles of all time. Instead of being fueled by the hope of bigger and bigger gains, it is being driven by a resignation to incurring lower and lower... and ultimately negative, yields on capital.This summer, the global inventory of bonds yielding less than zero reached a record $13 trillion.Negative yielding instruments are c...Read More
Say what you will about last week, it certainly wasn't dull. The Federal Reserve, seemingly capitulating to President Donald Trump and Wall Street, became just the latest central bank to cut interest rates. Meanwhile, the president escalated the trade war even further, announcing that additional tariffs would be imposed on goods coming into the U.S. from China after another round of trade talks...Read More
David HaggithOn June 12, I wrote,The market is moving into waiting mode as the Fed's next FOMC meeting where they have the opportunity to live up to the rate-cutting hopes they've raised come next week. As it does, it is forming that topping pattern that keeps repeating at this level."Frothy Bubbles Make Me Whine" Now you can easily see in the chart below that certainly fits what happened with...Read More
Click to enlarge chartA Pittance for GeniusThe late John Scarne, one of the world great experts on gambling, once wrote a treatise explaining why you can't win at three-card monte. That's the game where a grifter lays three playing cards on a makeshift table, instructing you to follow the queen. He turns them face-down, flipping the queen over now and then to make it easier for you to keep tra...Read More
By: Ira EpsteinGold's 18-DMA now above $1,440+ Read More