Is the United States economy a "bougie" economy?Bougie: "High-class, fancy, materialistic, snobby. Mistaken for prosperity."Mr. E.J. Antoni is an economist with the Heritage Foundation. From whom:Despite inflation-adjusted incomes falling dramatically since January 2021, Americans are buying more than ever. That may sound like a contradiction, but it's perfectly possible, at least in the short run...Read More
LONDON, 30 April 2024 - BullionVault analyst Adrian Ash today gives a special half-hour briefing to subscribers of Bonner Private Research, the widely respected investment advisory from Bill Bonner, owner of Agora Inc. and founder of The Daily Reckoning e-letter. Speaking with former colleague and Bonner investment director Tom Dyson, Adrian explains how the usual drivers of gold price gains have...Read More
After its business combination agreement with Strategic Minerals Corp. is completed, IberAmerican Lithium Corp. plans to resume production at Strategic's flagship Penouta Project in Spain. One analyst says it's a great time to look at the company's shares.IberAmerican Lithium Corp. (IBER:CBOE; IBRLF:OTCQB) announced that after its business combination agreement with Strategic Minerals Corp. is com...Read More
In light of recent news, Research Capital Corp. maintained its Speculative Buy rating on Dolly Varden Silver Corp.Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCQX) announced on April 23, 2024, that it is preparing to commence its 2024 exploration season at the Kitsault Valley project in northwestern British Columbia. The company plans to conduct 25,000m of drilling, divided equally between the Dol...Read More
Michael Ballanger of GGM Advisory Inc. takes a look at the current state of the markets, and shares some stocks he believes are worth taking a look at.As the Friday trading session came to a close this week, I had an epiphany of sorts in that instead of standing back and admiring the results while reaching around and patting myself several times on the back, I took the septuagenarian skin on the u...Read More
All Proxy Proposals PassCHEYENNE, Wyo., April 29, 2024 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU), today announced the results of the Company's annual shareholder meeting that was held virtually on April 26, 2024 at 9:00 AM MT.The following proposals were approved by the Company's shareholders at the meeting:Election of five directors (Luke No...Read More
As economic data comes in worse than expected, investor uncertainty is rattling markets. On Thursday, the Commerce Department released its estimate of Gross Domestic Product for the first quarter. GDP growth came in at a disappointing 1.6% -- well short of the 2.3% consensus forecast.Stocks sold off on the news. But gold and silver markets bounced modestly off their lows from earlier in the week....Read More
As economic data comes in worse than expected, investor uncertainty is rattling markets. On Thursday, the Commerce Department released its estimate of Gross Domestic Product for the first quarter. GDP growth came in at a disappointing 1.6% -- well short of the 2.3% consensus forecast.Stocks sold off on the news. But gold and silver markets bounced modestly off their lows from earlier in the week....Read More
As economic data comes in worse than expected, investor uncertainty is rattling markets. On Thursday, the Commerce Department released its estimate of Gross Domestic Product for the first quarter. GDP growth came in at a disappointing 1.6% -- well short of the 2.3% consensus forecast.Stocks sold off on the news. But gold and silver markets bounced modestly off their lows from earlier in the week....Read More
Financially speaking, the markets have been all over the map in the past four years since the onset of Covid and the self-inflicted wounds from forced economic shutdown. I went back to August 2020, five months after the festivities began, and pulled up some charts which show the price action since then for gold (money), wheat (food), crude oil (energy), and stocks (S&P 500). I will make...Read More
As economic data comes in worse than expected, investor uncertainty is rattling markets. On Thursday, the Commerce Department released its estimate of Gross Domestic Product for the first quarter. GDP growth came in at a disappointing 1.6% -- well short of the 2.3% consensus forecast.Stocks sold off on the news. But gold and silver markets bounced modestly off their lows from earlier in the week....Read More
Financially speaking, the markets have been all over the map in the past four years since the onset of Covid and the self-inflicted wounds from forced economic shutdown. I went back to August 2020, five months after the festivities began, and pulled up some charts which show the price action since then for gold (money), wheat (food), crude oil (energy), and stocks (S&P 500). I will make...Read More
Financially speaking, the markets have been all over the map in the past four years since the onset of Covid and the self-inflicted wounds from forced economic shutdown. I went back to August 2020, five months after the festivities began, and pulled up some charts which show the price action since then for gold (money), wheat (food), crude oil (energy), and stocks (S&P 500). I will make...Read More
Financially speaking, the markets have been all over the map in the past four years since the onset of Covid and the self-inflicted wounds from forced economic shutdown. I went back to August 2020, five months after the festivities began, and pulled up some charts which show the price action since then for gold (money), wheat (food), crude oil (energy), and stocks (S&P 500). I will make...Read More
As economic data comes in worse than expected, investor uncertainty is rattling markets. On Thursday, the Commerce Department released its estimate of Gross Domestic Product for the first quarter. GDP growth came in at a disappointing 1.6% -- well short of the 2.3% consensus forecast.Stocks sold off on the news. But gold and silver markets bounced modestly off their lows from earlier in the week....Read More
Financially speaking, the markets have been all over the map in the past four years since the onset of Covid and the self-inflicted wounds from forced economic shutdown. I went back to August 2020, five months after the festivities began, and pulled up some charts which show the price action since then for gold (money), wheat (food), crude oil (energy), and stocks (S&P 500). I will make...Read More
As economic data comes in worse than expected, investor uncertainty is rattling markets. On Thursday, the Commerce Department released its estimate of Gross Domestic Product for the first quarter. GDP growth came in at a disappointing 1.6% -- well short of the 2.3% consensus forecast.Stocks sold off on the news. But gold and silver markets bounced modestly off their lows from earlier in the week....Read More
I hope you've been having as much fun as I have watching gold go up, which has been our sole consolation in this mad world.The Powers That Be (TPTB) want a war, and they shall have it, by God!So, the best we mere mortals can do is position ourselves correctly for the inevitable market moves. After all, it's silly to sit idly by when we can profit from government-induced volatility of course, that...Read More
Financially speaking, the markets have been all over the map in the past four years since the onset of Covid and the self-inflicted wounds from forced economic shutdown. I went back to August 2020, five months after the festivities began, and pulled up some charts which show the price action since then for gold (money), wheat (food), crude oil (energy), and stocks (S&P 500). I will make...Read More