By Rory HallWe have stated time and again that gold is part of the monetary system it is just not on the front burner. If gold were not part of the monetary system national (central) banks would no longer hold it, nor would it be recorded on balance sheets as a Tier 1 asset - in essence, money, which it is. So, this notion that gold is not money, as Ben Bernanke stated in 2011, is a complete f...Read More
Featured GuestsBill Murphy & Rob KirbyShow HighlightsRob Kirby of Kirby Analytics sees extreme risks ahead for the financial markets via a shattered US accounting system.The missing $21 trillion dollars (size of US National Debt) in government funds, is possibly held by the exchange stabilization fund (PPT). One likely use for the missing funds could involve the purchase of new US Bond issuance'...Read More
By Frank HolmesStrengthsThe best performing metal this week was palladium, up 5.41 percent. Palladium surged this week on bets that the Chinese auto industry will boost global demand due to tight supplies of the metal, which is used in vehicle pollution-control devices. Gold traders and analysts were bullish for the second week in a row in the Bloomberg weekly sentiment survey. Many expect the y...Read More
The Era Of Gains is over By Adam TaggartEver since the central banks became serial bubble blowers twenty years ago, household wealth has mostly been driven by asset price inflation:But this has been a quixotic pursuit. Created by pulling tomorrow's prosperity into today, these asset price bubbles are unsustainable, and invariably suffer violent corrections at their end.So far, the central banks...Read More
Strong words, aren't they? And yet, we are not afraid to put them right in the title. The number of factors (and their importance) that point to a nearby reversal and continuation of the major decline is too significant to believe in the bullish case, even though gold, silver, and mining stocks moved higher in the last few days. We emphasized it many times and we will continue to do so, as it's...Read More
Gilts are on a tear as investors escape U.K. stocks and the pound. But a no-deal Brexit or a Corbyn government would soon change their status.By Mark Gilbert and Marcus Ashworth (via Bloomberg.com)British investors have been fleeing their domestic stock market in droves all year, and everyone and their dog lined up to sell sterling on Thursday as the tally of resignations from Theresa May's...Read More
Thanksgiving week has been marked by abrupt moves and long-term trend changing moves in metals and energies. This has happened most of the time (not all of the time) over the past fifteen years. I will prefer to be cautious in metals, natural gas and the US dollar Index this week. Technicals are fine but one should see signs of a trend changing technically. Global stocks could sink once again...Read More
CloseGain/LossGold $1223.20+$1.30Silver$14.42+$0.01XAU65.70-0.57%HUI148.27-0.19%GDM539.96+0.11%JSE Gold1141.62+20.05USD96.21-0.23Euro114.50+0.33Yen88.76+0.11Oil$56.76+$0.3010-Year3.053%-0.018T-Bond139.8125+0.25Dow25017.44-1.56%Nasdaq7028.48-3.03%S&P2690.73-1.66% The Metals: Gold fell $3.80 to $1218.10 in Asia, but it then rallied back higher in London and New York and end...Read More
Peter KrauthJust when it looked like the price of gold was going to retest its lows of October and maybe even September, the metal put on a bold rally.After marking an intraday low of $1,196 on Tuesday, Nov. 13, gold prices took one more day to consolidate near those lows.Since then, the price of gold has rallied and so far maintained a healthier level near $1,220. The run happened as stocks conti...Read More
At the end of The Rich Dad Radio Show there's a segment called "Ask Robert." Listeners submit their various investing questions and I'll answer them."Am I diversified?" is a question that I get more than I'd like. Not because it's a dumb question, but it's because the person asking has been told at some point or another-probably a financial planner-that their "portfolio should be diversified." And...Read More
November 19, 2018 - Vancouver, BC - ATAC Resources Ltd. (TSX-V:ATC)("ATAC") is pleased to announce a rotary air blast ("RAB") drilling gold discoveryand the final seven diamond drill hole results from the Osiris, Conrad and Sunrisedeposit expansion program within its 100%-owned Osiris Project, located at itsRackla Gold Property, Yukon. HighlightsRAB drillingidentified an at-surface, high-gradegold...Read More
Nov 20, 2018 Guest(s): Graham Carman President, CEO & Director, Tinka Resources Zinc is running on a deficit and zinc stocks are bound to see some upside price action soon, said Graham Carman, president and CEO of Tinka Resources. "Zinc stocks have been going down for 10 years now. We're at a 10-year low...prices haven't reacted yet, but prices are likely to react fairly soon. Eventually, zinc j...Read More
Click here for the full transcript: http://financialrepressionauthority.c...Peter Boockvar is the Chief Market Analyst with The Lindsey Group, a macro economic and market research firm founded by Larry Lindsey. He is also the Co-Chief Investment Officer for Bookmark Advisors, an asset management firm and a member of Advisory Services Network, LLC. Prior to joining The Lindsey Group, Peter spent a...Read More
Tough economic times likely to see tough leaders elected...John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990'...Read More
Peter Schiff is an internationally recognized ecoanomist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Tim...Read More
Reason is the monthly print magazine of "free minds and free markets." It covers politics, culture, and ideas through a provocative mix of news, analysis, commentary, and Continue...Read More
Harry Dent takes a minute to talk about his favorite economist, Dr. Lacy Hunt who understands the economy and bubbles in ways most other economists do not...*If the volume isn't working, click the volume icon located in the bottom right hand corner of the video playerHarry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor a...Read More
You know I've been fighting the gold bugs for a long time. Gold is an inflation hedge, not a deflation hedge. Turn to gold for safety during a deflationaryContinue...Read More
"We're seeing more and more banks take risks that, back in 2008 and 2009, they said they'd never do again...They argue that everyone else is doing it, so how can Continue...Read More
Clint Siegner is a Director at Money Metals Exchange, the national precious metals company named 2015 "Dealer of the Year" in the United States by an independent globalContinue...Read More