A U.S. emergency stimulus package was reached late last nightDow Jones Industrial Average (DJI) futures are eyeing modest gains this morning following last night's wild surge, with all eyes onthe $2 trillion stimulus package negotiations that were finally agreed upon late last night. Republican Senate Majority Leader Mitch McConnell called the stimulus package "a war time level of investment in o...Read More
A look at how the COVID-19 stock market crash is affecting stocks' historical volatility What else is there to talk about but the huge swings in the stock market lately? As with most other stats I've written on recently, what we're seeing is nearly unprecedented. The 21-day historical volatility (HV) on the S&P 500 Index (SPX) is at 87%. The only two times in history where this was surpassed were...Read More
Nomi Prins discusses the coronavirus crisis in the United States.Nomi Prins is an American author, journalist, and Senior Fellow at Demos. She has worked as a managing director at Goldman-Sachs and as a Senior Managing Director at Bear Stearns, as well as having worked as a senior strategist at Lehman Brothers and analyst at the Chase Manhattan Bank. Prins is known for her books All the Presidents...Read More
Dr. Marc Faber discusses the coronavirus pandemic and its devastating impact on the global economy.Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (H...Read More
The recent pandemic has provided the catalyst needed to finally push our economy into an overdue "great depression," this according to Doug Casey, founder of Casey Research.Casey told Kitco News that although the virus has popped the bubble, the underlying problem is still due to poor economic fundamentals.Doug Casey is an American-born libertarian economist and advocate of the free market. He is...Read More
Max interviews Alasdair Macleod of GoldMoney.com about gold in the age of pandemic. They discuss the increasingly unstable markets and ask whether or not they are a sign of the end of the fiat currency regime. Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance F...Read More
It was always going to happen, the catalyst was the shock. Who would have thought a pandemic would trigger the global financial collapse. Early Monday morning the Fed announced the largest QE program in history. It's unlimited, literally infinite. Free money is on it's way. Helicopter money is on its way. Free money is coming to you soon. There's time to wait to get it right. The people in charge...Read More
It now appears that governments around the world have skipped the helicopter drops, and are headed straight for the Currency Bombers. Join Mike Maloney as he discusses this unprecedented printing, as well as his thoughts on mining stocks and ETFs. Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver...Read More
The bill establishes a digital dollar, which it describes as 'a balance expressed as a dollar value consisting of digital ledger entries that are recorded as liabilities in the accounts of any Federal Reserve Bank or ... an electronic unit of value, redeemable by an eligible Continue...Read More
The federal government has done an absolutely terrible job with controlling the spread of the covid-19 virus in AmericaContinue...Read More
In his latest commentary, financial strategist Michael Pento maps out the coming year. Spoiler alert: It ends ugly.Continue...Read More
Ronald discusses their annual report "In Gold We Trust" which is due out in May and how last year's report focused on the coming breakdown of trust in society. This year that erosion of trust may spill over into central banking.Multiple systemic shocks are now occurring, including a global demand crisis, deflationary reactions in assets, a global supply crisis, an oil collapse, a rising U.S. dolla...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, f...Read More
"We're heading for a rough period, but it's only going to be weeks, we think. Weeks [or] months, but it's not going to be years, that's for sure," Kudlow said.Continue...Read More
'There really is no middle ground, and it's very tough to say to people, "Hey, keep going to restaurants, go buy new houses, [and] ignore that pile of bodies over in the corner. We want you Continue...Read More
President Donald Trump and Vice President Mike Pence held a call with some of America's wealthiest investors to discuss the coronavirus impact on the economy, according to sources.Continue...Read More
Last night, when observing the unprecedented "gold run" on precious metals dealers which has left all gold vendors with little Continue...Read More
The global pandemic has shut down several mining jurisdictions around the world, taking off a large chunk of silver production, this according to Keith Neumeyer, CEO of First Majestic Silver. "In 2018, we produced, as a global industry, 855 million ounces of silver. So far, we've had Peru come offline, with 145 million ounces, we've had Chile come offline with 42 million ounces, we've had Argentin...Read More
Can you imagine being in "blinding pain" for weeks, constantly gasping for air as you feel like you are being suffocated, and screaming for mercy because you are in so much constant torment? Continue...Read More