In this episode of the Summer Solutions 2019 for the Keiser Report, Max and Stacy are joined by Nomi Prins, author of 'Collusion: How Central Bankers Rigged the World', to discuss the 'solutions' that central banks have forced upon the world for the past ten years in response to their own problem of too much bad bankers' debt: quantitative easing and zero percent interest rates (Zirp). As this sol...Read More
Corruption is threatening to upend many countries around the globe. But perhaps we've reached Peak Corruption. There's a new sheriff in British Columbia Canada who's threatening to upset the apple cart. Does government always have the unrestricted right to know where your money came from, how much of it you have and where it's kept? A difficult question, on the one hand we want our institutions to...Read More
After a long hiatus, fellow transplanted NY'er and now Floridian, Andrew Horowitz joined us. When it comes to markets, Andrew has long believed that following the Fed can reap large rewards. Even though as Andrew has stated, the real economy hasn't really been doing much for over a decade. But stock buybacks, Wall Street alchemy and government interventions have reaped mighty fortunes for some. Bu...Read More
Max Keiser asks Charles Hugh Smith if the body politic can take much more of the wealth inequality that follows this money printing for the wealthy?Continue...Read More
"You and I own this country, and we are responsible for what happens to it."Continue...Read More
"India has long had a field day putting Tariffs on American products. No longer acceptable!"Continue...Read More
Elon Musk's SpaceX and Jeff Bezos' Blue Origin are about to lose out on another important milestone to Richard Branson's Virgin Galactic: First space tourism company to go public.Continue...Read More
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Brian Leni, founder of Junior Stock Review, profiles a gold explorer with a project in Quebec in the prolific Abitibi Greenstone Belt. What is the significance of surpassing $1400 USD per ounce of gold?Personally, I view the price of gold as a bellwether for the global economy, essentially signalling the health of markets. Without a doubt in my mind, the complexity of the global marketplace is on...Read More
Sector expert Michael Ballanger explores the analogies between fishing and investing. As you all know, I love to spend the summers exploring the thousands upon thousands of bays and inlets and coves that represent the Georgian Bay landscape. With the exception of a few boyhood jaunts around the Parry Sound area, I was not able to fully appreciate the grandeur of the Canadian Shield as it escapes i...Read More
In this interview with Maurice Jackson of Proven and Probable, the president and CEO of this company describes the most recent developments at its Montana prospect. Maurice Jackson: Joining us today is Michael Rowley, president and CEO of Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE), which is known for platinum, palladium, nickel, copper and cobalt in the Stillwater district in Montan...Read More
The summer months historically present a buying opportunity in precious metals as illustrated in the charts shown below. In the past, there has been a clear change of direction in sentiment annually from the 185-195 day mark – midway in the year. So far this summer, though, gold has broken with tradition by turning in a strong June, as shown in the third chart. “Gold trading usually gi...Read More
NEWS &VIEWSForecasts, Commentary & Analysis on the Economy and Precious MetalsCelebrating our 46th year in the gold businessJuly 2019"There has been a dramatic change in sentiment." - Adrian Day - Michael J. Kosares, USA GoldThe summer months historically present a buying opportunity in precious metals as illustrated in the charts shown below. In the past, there has been a clear change of di...Read More
- David HaggithStock market investors, hungry for more pork, are demanding Fed Chair, Jerome Powell, land on their table on a silver platter with an apple in his mouth at this week's congressional testimony. Will he deliver? Powell has a thin red line to talk, or this overFed market, which he and is cronies have nurtured, dies this week from its own morbid obesity. On the other hand, if he does...Read More
By: Ira EpsteinThis week is focused on 2-day testimony by Fed Chairman Powell. We will get his views on interest rates. Gold market still in an uptrend, but nearing 18-DMA at $1386.70Read More
- Clint SiegnerGold and silver bugs are well aware that JPMorgan Chase dominates precious metals futures trading. Russ and Pam Martens of the financial blog Wall Street on Parade just identified how much control they have.There are more than 5,300 FDIC insured banks in the U.S. Just two of them, JPMorgan and Citibank, hold 75.7% of all precious metals derivative contracts (primarily futures)...Read More
There is now a very small section of traders and investors who believe that interest rates may not be cut in end July FOMC meet. Federal Reserve chairman's testimony will clarify on the interest rate cycle. In my view interest rates will be cut this month by 0.25% or something lower as a token and thereafter it can be long pause. Incoming US economic data releases will also determine the interes...Read More
RAPAPORT... Indian jewelry retailer Titan Company cautioned that sales were lower than expected in its first fiscal quarter as high gold prices weighed on consumer spending. Sales from the jewelry division, which includes the Tanishq brand, grew 13% year on year for the three months ending June 30, the company said in an operations update Monday. "The quarter witnessed a tough macroeconomic e...Read More
RAPAPORT... Global rough-diamond shipments dropped last year,reflecting slower trading in India and Belgium, according to new data from theKimberley Process (KP). Total rough imports slipped 3% to $48.49 billion for 2018,with volume down 7% to 424.2 million carats, the figures showed last week.Rough exports fell 1% to $49.52 billion, while volume declined 6% to 428.6million carats. India's rough i...Read More
Consultancy Levin Sources has recently launched a new service that will help smaller enterprises navigate the - sometimes - tricky pathway to ensuring their products are sustainable and ethically sourced. The new service, Responsible Sourcing for Small Jewellers, provides a step-by-step bespoke method to small business owners in the jewelry space, assisting them with everything from assessi...Read More