The David Lin Report, Released on 5/4/23Axel Merk, President of Merk Investments, discusses the key underlying issues of the banking sectors, the assets that will likely perform the best in 2023, and the Federal Reserve's next moves.0:00 - Intro0:50 - Fed's next moves3:16 - Market reaction5:18 - Fed's views on recession7:28 - Rate hike or cut?9:17 - PacWest stock crash15:08 - Banks and commercial...Read More
Trends Journal, Released on 5/4/23Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigi...Read More
Seabridge Gold Inc. says joint venture discussions with larger companies have "taken on a new life" with improvements in metal prices and "a much more vibrant M&A environment for gold and copper projects."Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) told its shareholders in its annual report that joint venture discussions with larger companies have "taken on a new life" with improvements in metal pr...Read More
OilPrice.com, Released on 5/4/23The board of Australia's Newcrest Mining has recommended the latest takeover offer of bigger sector player Newmont, which last month valued the target company at $19.5 billion.Continue... Newmont Merger Would Create The World's Biggest Gold Miner added by Herman James on 05/05/2023View all posts by Herman James ?+'Read More
Gallup, Released on 5/4/2319% "very" and 29% "moderately" worried about safety of their moneyLevel of worry similar to readings during the 2008 financial crisisDemocrats, upper-income adults, college graduates less worriedContinue... Half Americans Worry Deposits Aren't Safe added by Herman James on 05/04/2023View all posts by Herman James ?+'Read More
USA Today (via Yahoo Finance), Released on 5/4/23A study on the fragility of the U.S. banking system found that 186 more banks are at risk of failure Continue... US banking crisis: Close to 190 banks could collapse, according to study added by Herman James on 05/06/2023View all posts by Herman James ?+'Read More
"Current situation:Interest rates at their highest level since 2006Credit card debt set to cross $1 trillion for the first timeMultiple regional banks on brink of collapseRegulators believe in "system is strong"One month away from U.S. defaultHow can this end well?"Here you have the reflections of economics crackerjack Adam Kobeissi - he of the eponymous Kobeissi Letter.Indeed: How can this end we...Read More
Armstrong Economics, Released on 5/4/23We know these towers have the potential to cause harm but no agency is seriously looking into the consequences. There are organizations, however, without a large platform that are attempting toContinue... The Dangers of 5G added by Herman James on 05/04/2023View all posts by Herman James ?+'Read More
Fox News, Released on 5/4/23"CEA believes that capitalism requires exploitation of children, public schools, land, labor, and/or resources. Capitalism is in opposition to fully addressing systemic racism (the school to prison pipeline), climate changeContinue... Colorado teachers union passes resolution declaring capitalism 'inherently exploits children, public schools' added by Herman James on 05...Read More
The Daily Gold, Released on 5/4/23I will begin with the types of companies to avoid. This revolves around a particular stage of a junior miner's life cycle.Continue... Jordan Roy-Byrne: Best Junior Miners to Own in Gold Bull added by Herman James on 05/05/2023View all posts by Herman James ?+'Read More
Scrape away the hand-wringing about interest rates and we find a bedrock of complacency. Nobody seems to doubt that the status quo can grind on for another 30 years doing the same stuff it’s done for the past 30 years.The U.S. economy and its financial system operate under the implicit belief that the Federal Reserve controls the direction of the economy and finance. This belief isn’t...Read More
Peter Schiff - Twitter, Released on 5/4/23Tweet 1 (scroll down for more)#Gold stocks are hitting new 52-week highs today as #bank stocks are hitting new 52-week lows. This is not the end of this rotation, but the beginning. The stocks that lived by the bubble are dying as the air comes out. Old fortunes will be lost and new fortunes will be made.- Peter Schiff (@PeterSchiff) May 4, 2023Tweet 2When...Read More
Doug Casey's Take, Released on 5/3/23Doug Casey offers his take on the banking crisis on the heels of the collapse of yet another bank. Will the contagion spread? Is there a safe place to keep your money? Oil prices and energy companies are getting hit is it time to buy? And which comes first ethical decay or currency corruption?Join our email list to get Special reports and updates: https://dougc...Read More
Financial Survival Network, Released on 5/3/23Chris Vermeulen of Technical Trader Ltd. believes that the banking crisis is leading to dark times in the financial markets, with banking stocks collapsing and people moving their money into physical metals like gold and silver. He suggests that people invest in physical metals for long-term security, and that gold and silver could skyrocket if the ban...Read More
Stansberry Research, Released on 5/3/23"The economy is going to come to a standstill and worse because everything starts imploding," says Bert Dohmen, founder and president of the Dohmen Capital Research Group. He explains that in the wake of the banking crisis, it becomes challenging to get a loan from the bank "no matter how trustworthy" a borrower is. "There's no lending going on," claims Bert....Read More
CNBC, Released on 5/3/23Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named "Money Manager of the Year" by Institutional Investor. He is a graduate of Dartmouth College su...Read More
Hedgeye, Released on 5/3/23Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim's commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades long reputation for objective, incisive commentary that challenges consensus thinking. In nearly 20 year...Read More
First Tellurium Corp. registers as a federal lobbyist to further its critical metals project in British Columbia, hoping to take advantage of new funding programs for critical minerals projects. First Tellurium Corp. (FTEL:CSE), hoping to take advantage of new funding programs for critical minerals projects in the United States and Canada, has registered as a federal lobbyist to further its critic...Read More
Fox Business, Released on 5/3/23James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depression: 1921: The Crash That Cured Itself. Grant's television appearances include "60 Minutes," "The Charlie Rose Show," Bloomberg TV, CNBC and other well-kno...Read More
This mining firm advanced this project, "in a league of its own," to the "substantially started" stage to enhance its attractiveness to prospective players, noted a B. Riley Securities report.Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) Chairman and CEO Rudi Fronk discussed taking on a partner to advance its flagship KSM project during a recent webinar hosted by B. Riley Securities, reported analyst...Read More