The lockdown has had so many ripple effects that it is just mind-numbing. Shutting down restaurants and retail stores have had already a profound impact. Many girls have been left with no choice Continue...Read More
"There's a possibility that the assault of the virus on our nation next winter will actually be even more difficult than the one we just went through." Continue...Read More
"I am just sorry that it took my colleagues in Democratic leadership 12 days to accept the inevitable, and that they shut down emergency support for Main Street in a search for partisan 'leverage' that never Continue...Read More
"Beyond traditional gold supply and demand fundamentals, financial repression is back on an extraordinary scale," Continue...Read More
And to think that all of this could have been avoided if only the Fed would purchase OIL, not the commodity but the ETN. Powell, are you listening, because if not soon every sContinue...Read More
COLORADO SPRINGS, April 22, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Gold Resource Corporation (NYSE American: GORO) (the "Company") announced today that Mexico extended its national health emergency for another 30 days until May 30, 2020 to combat the spread of the COVID-19 virus. The extension order was published April 21, 2020 in the Official Gazette of the Federation and extended th...Read More
"The stone age didn't end for lack of stone, and the oil age will end long before the world runs out of oil." Sheik Ahmed Zaki Yamani, Saudi Arabian lawyer & politician, Minister of Oil & Mineral Resources 1962-1986, and a Minister of OPEC for 25 years; b. 1930 You may ask yourselfWhat is that beautiful house?You may ask yourselfWhere does that highway go to?And you may ask yourselfAm I right...Read More
Miles Franklin sponsored this article by Gary Christenson. The opinions are his and are not investment advice.Breaking News:Exponential growth in COVID-19 cases is frightening, just like exponential growth in debt, government expenditures, and "borrow and spend" policies.The COVID-19, aka World War C, is a game changer, a reset.U.S. official cases on March 5 were 159.U.S. official cases on March...Read More
By Hubert Moolman 22 April 2019 During the 2008 financial crisis the Fed significantly increased the US monetary base to keep the system from collapse. They are currently in a similar situation, and have done (is doing) the exact same thing. Here is a chart of the US monetary base to illustrate the similarity: With the 2008 actions they were able to avoid the collapse until now. Will the c...Read More
By Ricky WenTuesday's session saw an immediate downside continuation based off of Monday's double top/lower high setup. Essentially, the bears broke support and hit a quick homerun into the daily 20EMA 2718 target on the Emini S&P 500 (ES), and then buyers/bulls showed up to put a temporary floor in place. It was a fairly simple trend day to the downside that could be classified as a 'gap down a...Read More
By definition, Black Swans in financial markets are rare, extreme events. How do you survive, possibly even thrive when the unthinkable happens? Let's evaluate the pros and cons of some Black Swan mitigation strategies:Black Swan betsNassim Taleb's best-selling "Black Swan" author has in the past suggested that he's constantly taking small losses in hopes of a big payoff some-day. The Pro: if th...Read More
TOO BIG TO FAIL?With the whole world rubbernecking at the scene of crude oil's crackup, you could lose sight of why it matters. Listening to Trump fret about it tells us nothing. He has endorsed collusion by energy suppliers, the better to push prices back up to...whatever. But he hasn't said why this would be a good thing. It's not as though we're all feeling sorry for the likes of Exxon and BP...Read More
By: Ira EpsteinIn a corrective mode. Gold's sell-off culminated on Tuesday? The gold swing-line above a $1768..Read More
Full Gold Crown FEB 2 2020 I posted the potential for this just as the virus was becoming a thing.https://goldtadise.com/?p=455805.................RAMBUS WEEKEND REPORT MARCH 2017"Below is a 75 year quarterly chart we were watching very closely during the last impulse move down, because it broke below the brown shaded support and resistance zone going all the way back to the early 1970's. When t...Read More
The correction in gold is over. Continue with a buy on sharp dips strategy in silver. Look for signs of trend reversal in copper and crude oil. Extreme leverage with crude oil is the key reason for crude oil and crude oil related stocks to fall. At the end of the day fundamentals are the key. Now you know the real price of crude oil. Now you know how much you were being duped for your petrol/gas...Read More
Maurice Jackson of Proven and Probable speaks with Andy Schectman, president of Miles Franklin Precious Metals Investments, about the present situation with physical precious metals. Maurice Jackson: Today, we're going to discuss precious metals premiums, the COMEX and the big picture. Joining us for a conversation is Andy Schectman, the president of Miles Franklin Precious Metals Investments. An...Read More
New drill results continue to show potential for Gold Terra Resource to add to its existing Inferred mineral resource there. Gold Terra Resource Corp. (YGT:TSX.V; TRXXF:OTC; TXO:FSE) announced in a news release that 10 holes drilled in the Sam Otto South target at its Yellowknife City project in the Northwest Territories all returned gold mineralization."We are confirming the continued expansion...Read More
Roxgold reported that recent drill results at its S?gu?la Gold project are expected to increase current mineral resource estimates. In a news release, Canada-based mining company Roxgold Inc. (ROXG:TSX) announced additional results from the company's drill program at its S?gu?la Gold project in C?te d'Ivoire.The firm provide detailed results from reverse circulation (RC) and diamond drilling (DD)...Read More
Black Tusk Resources is doing the preliminary work necessary to plan future exploration at both properties. In a news release, Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) provided an update on its two recently acquired Quebec platinum group element (PGE) properties: PG Highway and Lorrain.The PG Highway property "had another claim accepted from the original staking," taking the t...Read More
The new coronavirus has already infected the global economy. The global lockdown means that recession is inevitable. The central banks all over the world have stepped in, including the Fed, cutting interest rates and pumping liquidity into the system. We invite you thus to read our today’s article about the monetary policy in time of plague and find out what the fresh central banks’ ba...Read More