Last week, I talked about Ray Dalio's new book on debt cycles. He describes how debt is inherently cyclical, because it enables more spending now that must be offset by less spending later.Continue...Read More
David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get t...Read More
Former funds management and investment professional. I have 14 years experience in investment management and advisory. I hold a Master of Business LawContinue...Read More
Nov 26, 2018 Guest(s): Brian Groves Chairman, CEO & Director, Genesis Metals Investor interest remains low for miners in Canada, but this could turn around after the bitcoin and cannabis stocks craze dies down a bit, said Brian Groves, chairman and CEO of Genesis Metals. "We've seen investor focus move away from the mining sector to such things as cannabis stocks, especially in Canada. Bitcoin h...Read More
In this interview, Mining Stock Education host Bill Powers questions Rick regarding what he learned at the 2018 Sprott Natural Resource Symposium, how he assesses younger mining CEO's, his thoughts on tin as a commodity, and his current assessment of the mining sector. Throughout the interview Rick offers sage investment advice on how to succeed at resource investing.Rick Rule, founder and chairma...Read More
LONDON, 23 November 2018 - BullionVault features today in a detailed article from French personal finance magazine Capital looking at the case for investing in gold in 2019."The central banks of the emerging world are buying gold," says the magazine, and this summer Western Europe "saw its first official gold purchases in the 21st century," it goes on, quoting analysis from BullionVault."To invest...Read More
LONDON, 23 November 2018 - Analysis from BullionVault today leads a report from UK newspaper The Daily Express warning of a possible crash in global financial markets."For UK investors and savers, gold's gains since the start of October mirror the 7% drop in the FTSE almost exactly," says the story, quoting BullionVault."This could be a warning that years of stock-market losses lie ahead...[becaus...Read More
Mr. Joseph de la Plante of Osisko reportsOSISKO GOLD ROYALTIES LTD. EARLY WARNING REPORTOsisko Gold Royalties Ltd. has subscribed for and received from IDM Mining Ltd. 16,666,668 units at a price of six cents per unit, for an aggregate subscription price of $1,000,000.08. Each unit is composed of one common share in the share capital of IDM and one-half of one common share purchase warrantof IDM....Read More
Roberta RamptonPALM BEACH, Florida (Reuters) - U.S. President Donald Trump warned on Thursday there could be a government shutdown next month over security on the border with Mexico, suggesting he could hold up a funding deal if no more money is provided for a wall between the two countries.“Could there be a shut down? There certainly could and it will be about border security, of which the...Read More
LONDON (Reuters) - Europe’s share markets fell back into the red on Thursday, as investor worries about slowing global growth in the face of rising U.S. interest rates and trade tensions outweighed crucial Brexit progress.Chinese markets had extended their slump in Asia amid the trade war with the United States, and with Wall Street closed later for Thanksgiving and trading therefore lighter...Read More
GENEVA (Reuters) - Countries belonging to the G20 group of the world’s biggest economies applied 40 new trade restrictive measures between mid-May and mid-October, covering around $481 billion of trade, the World Trade Organization said on Thursday.The new restrictions covered six times more trade than in the previous period and were the largest since the WTO started monitoring G20 trade in...Read More
(Kitco News) - Even though U.S. retail sales will not beat last year’s performance – the strongest in more than a decade – the 2018 holiday season will still be a “cheerful” one, IHS Markit said in its outlook.Retail sales during the winter holidays will grow 4.4% over last year, which saw a 5.7% increase — the best results since 2005, said IHS Markit associate...Read More
BERLIN (Reuters) - The heads of Volkswagen (VOWG_p.DE), BMW (BMWG.DE) and Daimler (DAIGn.DE) are ready to attend a meeting at the White House with the Trump administration, but have not yet received a formal invitation, industry sources said on Thursday.The Handelsblatt newspaper on Wednesday cited industry and diplomatic sources as saying the meeting could possibly take place as soon as next week...Read More
LONDON (Reuters) - Oil prices dipped on Thursday after U.S. inventories swelled to their highest level since December adding to concerns about a global crude glut but OPEC talk of an output cut limited losses.Benchmark Brent fell 96 cents last trading at $62.52 a barrel at 1840 GMT, edging back from a more than $1 drop in early European trading. U.S. WTI fell more than a $1 before easing back to s...Read More
CARACAS, Nov 22 (Reuters) - Preliminary data compiled by Venezuela's central bank shows that the troubled South American nation's economy shrank by 16.6 percent in 2017 compared to the year before, two sources familiar with the matter said on Thursday.The central bank did not immediately respond to a request for comment. (Reporting by Mayela Armas and Corina Pons; Editing by Sandra Maler ) Discla...Read More
MADRID (Reuters) - Chinese President Xi Jinping will travel to Spain next Wednesday for an official visit expected to focus on trade and tourism.On Tuesday, trade ministers will meet representatives of major companies including Spanish banks Santander (SAN.MC) and BBVA (BBVA.MC), Commercial Bank of China, Spain’s Telefonica (TEF.MC), oil company Repsol (REP.MC), China National Building Mater...Read More
PALM BEACH, Fla. (Reuters) - U.S. President Donald Trump said on Thursday the United States was “in very strong” peace negotiations in Afghanistan but he did not known whether they would be successful.“I really think the people of Afghanistan ... are tired of fighting,” Trump told reporters after delivering a Thanksgiving holiday message to U.S. troops in Afghanistan, scene...Read More
FRANKFURT, Nov 22 (Reuters) - It is too early for the European Central Bank to decide on a new round of multi-year loans to banks, which are covered by existing funding until the middle of next year, the ECB’s chief economist said in an interview published on Thursday.“It is premature to decide on a new TLTRO now,” Peter Praet told German daily Handelsblatt, referring to the ECB&...Read More
JERUSALEM (Reuters) - Lawyers launched a class action lawsuit in Israel on Thursday against Airbnb, accusing the company of “outrageous discrimination” and demanding monetary damages after it withdrew listings of Israeli settlements in the occupied West Bank.The San Francisco-based company said this week it was removing listings of around 200 homes in settlements after hearing criticis...Read More
• The precious metal built on the recent recovery from one-month lows and continued gaining positive traction for the seventh session in the previous eight. • The commodity now seems to have cleared a resistance marked by short-term descending trend-line, extending from highs touched in Oct. and early Nov. • Technical indicato...Read More