Key Gold and Precious Metals News, Commentary and Charts This WeekGold and silver traded sideways this week as we saw stock markets take some heat and undo most of the recent recovery from the October sell off. Oil has sold off and is now at levels that we haven't seen since 2017.Credit: Weekly relative performance (Finviz.com)While the US markets are quiet due to Thanksgiving all eyes are focus...Read More
Full Article: Unthinkable!By: Gary ChristensonMiles Franklin sponsored this article by Gary Christenson. The opinions are his.Sometimes we must consider the unthinkable.Official US national debt is $21.6 trillion. Unfunded liabilities are five to ten times higher. Global debt is about $250 trillion. US national debt has doubled every eight to nine years for decades.Full Article: Unthinkable!By...Read More
If you don't understand how the Federal Reserve works, start with rule #11 in Monopoly..."Some players think the bank is bankrupt if it runs out of money. The bank never goes bankrupt. To continue playing, use slips of paper to keep track of each player's banking transactions-until the Bank has enough paper money to operate again. The banker may also issue 'new' money on slips of ordinary paper."T...Read More
Ready for a hot stock market tip?Not from me, mind you. But from the greatest stock market investor in history.Today, Warren Buffett is incredibly bullish on the financial sector.To figure that out, all you have to do is look at the equity portfolio of Buffett’s conglomerate Berkshire Hathaway.As of the last required reporting date (September 30, 2018), more than half of Berkshire’s to...Read More
The Federal Reserve isn't "federal" and it has no "reserves." Is it a public institution? No...Is it private? No again...Is it Constitutional? Absolutely not!...Who owns The Fed, and does it even matter?Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A...Read More
As you already know, things are unraveling. The narratives of the past are being revealed as false and fraudulent - even harmful. For example, the fallacy of pursuing Continue...Read More
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