Dear Friend of GATA and Gold:Gold investors, Kitco News market analyst Jim Wyckoff writes today, "are scratching their heads and wondering why their metal has not reacted more positively to unsettling developments on the geopolitical front":https://www.kitco.com/news/2019-05-06/Gold-Bulls-Perplexed-Safe-Haven-Me...Maybe some gold investors share Wyckoff's supposed puzzlement, but not all. In a...Read More
By: Keith WeinerOver the past several weeks, we have debunked the idea that purchasing power i.e. what a dollar can buy is intrinsic to the currency itself. We have discussed a large non-monetary force that drives up prices. Governments at every level force producers to add useless ingredients, via regulation, taxation, labor law, environmentalism, etc. These are ingredients that the consumer...Read More
StrengthsThe best performing precious metal this week was gold, after closing out the week on a strong uptick on Friday. Gold traders were split this week on the yellow metal as it headed for another down week, according to the weekly Bloomberg survey of traders and analysts. However, gold futures rose on Fr...Read More
By: Chris MartensonIn the song Sixteen Tons by Merle Travis (and made famous by Tennessee Ernie Ford), the idea of the 'company store' referred to a system of debt bondage that effectively trapped workers within an unfair system designed to harvest all of their labor at very low cost.You load sixteen tons, what do you get?Another day older and deeper in debtSaint Peter don't you call me 'cause...Read More
Fever took hold of the stock market as the week ended, stoked by the best unemployment numbers in half a century. Two days earlier, shares had fallen sharply as investors registered their disappointment in the Fed's latest pronouncement. Obfuscator-in-chief Powell had said the central bank would hold steady and that the economy seemed in fine shape. But the markets reacted as though they were ho...Read More
Chris Martenson of Peak Prosperity is back to break down the impact of Trump's tariff threats on energy markets and helps us find out which safe havens investors can be on the lookout for.Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the foun...Read More
Part 1 (part 2 below)Warren Buffett, Charlie Munger and Bill Gates sit down with CNBC's Becky Quick to discuss the latest developments in the U.S.-China trade talks and what they think should happen next to benefit all parties. Bill Gates, Charlie Munger and Warren Buffett sit down with CNBC's Becky Quick to give their opinion on the debate between capitalism and socialism.Part 2Read More
"We make it clear in our data policy that we use the information people provide to Facebook to improve their experience and that we might work with service providers to help in this process."Continue...Read More
Jason talks about mercantilism and listener comments about tariffs and the history of trade wars. He also makes some educated guesses about how the US vs China trade war could escalateJason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people...Read More
They used to say, follow the money, now it's follow the debt. John Rubino believes that the key to deconstructing the news media's latest hype or fake news is to simply watch the debt explode geometrically. Excessive debt causes irrational behavior which leads to comedians getting elected president. Where have we seen that before?John Rubino is the founder and manager of the popular financial webs...Read More
Tesla Inc Chief Executive Elon Musk personally owes $507 million to Wall Street banks involved in Tesla's stock and debt saleContinue...Read More
China has expanded its domestic debt to fund its growth, much of which qualifies as malinvestment, creating financial vulnerabilities its government is anxious to mask.Continue...Read More
Several weeks ago we wrote about the downside risk in the gold stocks. After the various gold stock indices Continue...Read More
Bob Moriarty of 321 Gold profiles a young company that he sees as a pure call on the price of platinum and palladium. In mid-April Generation Mining Ltd. (GENM:CSE; GENMF:OTCQB) signed a Letter of Intent (LOI) with Sibanye-Stillwater (SBGL-NYSE ADRs) to obtain up to 80% of the Marathon PGM project near Marathon, Ontario. At the end of 2017 Sibanye reported resources of 730 million pounds of coppe...Read More
I was going through some old long term charts I haven’t posted in many years to see if there was anything of interest to post tonight. With long term charts things don’t change very fast and the big picture can stay viable for years. I have literally hundreds of charts for the different PM stock indexes that I’ve built through the years that are tucked away in different chart lis...Read More
May 3rd, 2019(S14-E694)Featured GuestsDr. Seth Shostak Ph.D.& Bob HoyePlease Listen HereInterview RecapDr. Seth Shostak Ph.D, lead Astronomer and Astrophysicist at SETI, makes his Goldseek.com Radio debut. Dr. Shostak has a weekly broadcast where he discusses need to send NASA probes throughout the solar system for signs of life. The signalhunters team has rendered several thousand images o...Read More
By: David Chapman "Sell in May, and go away." old stock market adage "All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies." Warren Buffett, CEO, Berkshire Hathaway; investor and philanthropist, b. 1930 "Wall Street's graveyards are filled with men who were right too soon." William Peter Hamilton, editor, The Wall Street J...Read More
By: Stefan GleasonThe roller coaster presidency of Donald Trump is currently riding high as the stock market races back up to new highs, economic data come in better than expected, and Congressional Democrats' endless investigations come up empty handed.Trump's approval rating recently hit 50% at the same time as CNN's ratings are tanking.Over the weekend, President Trump sent CNN and the rest o...Read More
Dear Friend of GATA and Gold:Gold investors, Kitco News market analyst Jim Wyckoff writes today, "are scratching their heads and wondering why their metal has not reacted more positively to unsettling developments on the geopolitical front":https://www.kitco.com/news/2019-05-06/Gold-Bulls-Perplexed-Safe-Haven-Me...Maybe some gold investors share Wyckoff's supposed puzzlement, but not all. In a...Read More
By: Keith WeinerOver the past several weeks, we have debunked the idea that purchasing power i.e. what a dollar can buy is intrinsic to the currency itself. We have discussed a large non-monetary force that drives up prices. Governments at every level force producers to add useless ingredients, via regulation, taxation, labor law, environmentalism, etc. These are ingredients that the consumer...Read More