The markets just changed.Few understand what happened to the financial system after 2008. What happened was that the debt based financial system began to implode as debt deflation took hold. The scary thing is that it wasn't even a large amount of debt deflation.Remember the 2008 Crisis? That time when everyone thought the world was literally going to end? It's that small dip in the dotted line be...Read More
The markets just changed.Few understand what happened to the financial system after 2008. What happened was that the debt based financial system began to implode as debt deflation took hold. The scary thing is that it wasn't even a large amount of debt deflation.Remember the 2008 Crisis? That time when everyone thought the world was literally going to end? It's that small dip in the dotted line be...Read More
There are two trends that go counter to the go-go forecasts from recent tax cuts in the U.S. - which are obviously positive, at least for the near term.Continue...Read More
By Dave KranzlerYesterday was amusing. The meat with mouths on the so-called financial networks were crying, "how could this have happened." Funny thing, that. They don't raise the slightest doubt of conviction when the Dow soars 2,676 points in less than two months - 23,940 on November 29th to 26,616 on January 26th. But when the market takes back that move in 6 trading days it's a...Read More
In the next downturn (which may have started last week, yee-haw), the world's central banks will face a bit of poetic justice: To keep their previous policy mistakes from blowing up the world in 2008, they cut interest rates to historically - some would say unnaturally - low levels, which doesn't leave the usual amount of room for further cuts.Now they're faced with an even bigger threat but are a...Read More
Kelsey Williams is a retired financial professional living in Southern Utah. His website, Kelsey's Gold Facts, contains self-authored articles written for the purpose of educating others about Gold within an historical context.Continue...Read More
- Gold gains 0.6% in USD and surges 1.7% in euros and pounds- European stocks fall more than 3% at the open after sharp falls in Asia- DJIA falls 1,175 points, S&P 500 down 4.1% and Nikkei plummets 4.7%- Gold rises from $1,330 to $1,342, ?942 to ?960 and ?,?1,067 to ?,?1,085 /oz- Bitcoin crashes another 10% and has now plummeted by 70% to below $6,000- Increased risk aversion will drive safe hav...Read More
Graceland Updates By Stewart Thomson 1. The appointment of Jerome Powell as new Fed chair is likely the catalyst that ushers in a multi-decade era of rising inflation and soaring gold stocks.2. I've announced a long term target for GDX of $15,000. That really isn't very high... given the strong inflation numbers that I am projecting for America in the years ahead.3. Having s...Read More
By Graham Summers The markets just changed. Few understand what happened to the financial system after 2008. What happened was that the debt based financial system began to implode as debt deflation took hold. The scary thing is that it wasn't even a large amount of debt deflation. Remember the 2008 Crisis? That time when everyone thought the world was literally going to end? It's that small...Read More
On Janet Yellen's last day as Fed boss the markets suffered their worst percentage loss in 20-months. Yesterday, on Jerome Powell's first day as Fed Chairman, the VIX spiked by its largest amount on record and the Dow suffered its largest single day point drop ever (and 100th worst percentage drop in history). Intent on showering us with some logic as prices rain lower, the media tells us th...Read More
- Gold gains 0.6% in USD and surges 1.7% in euros and pounds- European stocks fall more than 3% at the open after sharp falls in Asia- DJIA falls 1,175 points, S&P 500 down 4.1% and Nikkei plummets 4.7%- Gold rises from $1,330 to $1,342, ?942 to ?960 and EUR1,067 to EUR1,085 /oz- Bitcoin crashes another 10% and has now plummeted by 70% to below $6,000- Increased risk aversion will drive safe hav...Read More
In the next downturn (which may have started last week, yee-haw), the world's central banks will face a bit of poetic justice: To keep their previous policy mistakes from blowing up the world in 2008, they cut interest rates to historically - some would say unnaturally low levels, which doesn't leave the usual amount of room for further cuts.Now they're faced with an even bigger threat but are...Read More
Gold rose due to safe haven demand on the global stock market plunge. Gold gained despite a strong US dollar. If gold rises today, then there will be short covering. A lot of short term traders are short. One needs to remain on the sidelines in gold and silver. In case of extreme margin money pressure in stock markets, some of the long positions in precious metals and industrial metals could get...Read More
February 6th, 2018,Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V: NEE)(OTC Nasdaq Intl.: NHVCF)(the "Company" or "Northern Vertex") is pleased to announce that it has commenced stacking ore on the newly completed leach pad at the Moss mine. Approximately 7,800 tons of ore have been stacked to date, and production is ramping up towards an initial stacking rate of 2,500 tpd. All of the cru...Read More
Originally posted at ExecSpecIn recent months we have been warning that the first deep dive in stocks since Trump's 2016 election would be in the 1st quarter 2018. Once Trump passed the tax cuts last December we opined that the trigger for this market decline would be wage inflation and fear of higher interest rates. The strong economy was already adding inflationary pressure to material prices an...Read More
February06, 2018 - Vancouver, BC - ATAC Resources Ltd. (TSX-V:ATC) ("ATAC" or the "Company")announces exploration results and project developments from its 100% owned, 660 km2Rau Project located at the western end of theCompany's Rackla Gold Property, Yukon.Theobjectives of the 2017 Rau Project exploration program were to improve the knowledgebase related to existing targets along trend from the T...Read More
We are in the midst of a gold bull market, and Money Morning Resource Specialist Peter Krauth says gold will trade for $1,500 an ounce by the end of 2018. But he has another shocking gold price prediction we'll reveal today…But rest assured, 2018 will be a great year for investing in gold. Krauth's $1,500 price target implies a gain of 12.62% from today's prices of $1,331.90.Today, we're...Read More
Feb 07, 2018 Guest(s): Vince Lanci Gold has been "benignly ignored" during the recent equities selloff, according to one veteran trader. "Gold is being purely a proxy for the dollar, which is commanding more demand by people in a panic," Vince Lanci, founder of Echobay Partners, told Kitco News.According to the trader, the yellow metal will likely soar "overnight, 30 years in the making," meani...Read More
Feb 07, 2018 Guest(s): Bill Baruch President, Blue Line Futures Gold was off to a good start this year but has not rallied in the face of recent volatility in equity markets. Bill Baruch, president of Blue Line Futures, said that a lot of gold's rally in the new year was due to seasonal factors. "Ultimately, I do feel that there is a seasonal play," Baruch told Kitco News, "people look for that...Read More
Feb 07, 2018 Guest(s): Robert Kiyosaki For bestselling author Robert Kiyosaki, crashes, debt and taxes are the secret to how the rich are getting richer, so is 2018 setup to deliver?"I hope so," said Kiyosaki the author of Rich Dad, Poor Dad and his latest, How the Rich are Getting Richer. And with the stock market continuing to hit all-time highs, Kiyosaki said the next financial crash is "imm...Read More