SBTV's latest guest is Alasdair Macleod, Head of Research at Goldmoney. We discussed the rise of zombie banks in Eurozone and the devastating fallout of the impending collapse of the debt-laden TARGET2 settlement system on the rest of the world.Discussed in this interview:00:00 Introduction01:53 Closing of the gold window in 1971 was a system failure04:56 Weak money: The root of all economic & soc...Read More
Emails obtained by U.S. Right to Know show that a statement in The Lancet authored by 27 prominent public health scientists condemning "conspiracy theoriesContinue...Read More
"There is utterly unfounded public hysteria driven by the media and politicians, it's outrageous, this is the greatest hoax ever perpetrated on an unsuspecting public." Continue...Read More
"If you want Holocaust denial, hey, Parler is going to be great for you,"Continue...Read More
Krystal Ball and Saagar Enjeti discuss the tech hearings taking place on Capitol Hill.About Rising:Rising is a weekday morning show with bipartisan hosts that breaks the mold of morning TV by taking viewers inside the halls of Washington power like never before. The show leans into the day's political cycle with cutting edge analysis from DC insiders who can predict what is going to happen. It als...Read More
What if all of the assumptions that people are making about this COVID pandemic are completely wrong? When Pfizer announced that they had developed a successful Continue...Read More
(Kitco News) - Gold is heading higher, but a meaningful move above the fleeting $1,300 an ounce level is looking possible only in late 2019, according to TD Securities’ 2019 Global Outlook.“Any meaningful rally is likely a story for late 2019,” TD Securities head of global strategy Bart Melek wrote in the outlook published on Monday. “The US dollar's strength relative to G1...Read More
Gold's currency component finally shows some improvement.A timely short interest increase is also a potential rally catalyst.The bulls must take advantage now to end gold's trading range.One of the biggest supports for gold in recent months is the tendency for bearish bets to pile up at the slightest sign of weakness in the metal. The pattern since August has been for short interest to sig...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
(Kitco News) - Despite bitcoin falling below $5,000 on Monday, Ron Paul’s Twitter followers once again chose the popular cryptocurrency over gold in the former Republican Congressman’s annual Twitter poll.The conditions of the poll remained the same as last year: “A wealthy person gifts you $10,000. You get to choose in which form you’ll accept the gift.”The catch was...Read More
Right now, the most explosive profit opportunity is concentrated in one segment of the legalized pot industry, and this extraordinary pot stock is getting ready to blow up. The marijuana industry is close to wrapping up a very exciting year for investors. Many solid cannabis companies hit major markets expanding their exposure.Also, with former attorney general Jeff Sessions out of office, this co...Read More
LONDON (Reuters) - Bitcoin fell below $5,000 on Monday for the first time in over a year, slumping to a fresh 13-month low on the Bitstamp platform as a broad sell-off in cryptocurrencies sparked last week gathered momentum.As of 1645 GMT the original cryptocurrency was down 8.7 percent at $5,100, after breaching the landmark for the first time since Oct. 12, 2017.Traders said selling was largely...Read More
Getty ImagesFederal Reserve Chairman Jerome Powell speaks during a Financial Stability Oversight Council meeting Oct.16, at the Treasury Department in Washington, D.C. It wasn't easy to parse the comments Federal Reserve Chairman Jerome Powell made in Dallas last week. Related: Fed watchers left puzzled by what Powell was trying to communicate But while he was in classic, two-handed economist...Read More
Don't miss out on the multi-billion-dollar "Marijuana Buyout Boom."One Fortune 500 company is betting over $4 BILLION on "legal weed."Constellation Brands already owns Corona, Robert Mondavi, Canadian Whiskey, and Svedka.And now they're getting into cannabis.They recently made a HUGE investment in major pot company called Canopy Growth.Why?Because they anticipate massive growth and profits once...Read More
Oil prices rose on reports the EU will back French sanctions on IranThe Dowdropped out of the gate and didn't look back, ending with a loss ofnearly 400 points. FAANG stocks continued to drag down the market, withFacebook (FB) and Apple (AAPL) among the worst hit. The former touched an annual low on more negative media attention, while the latter plummeted amid renewed concerns about iPhone deman...Read More
NEW YORK (Reuters) - The dollar dropped to two-week lows on Monday, pressured by cautious comments about the U.S. economy from Federal Reserve officials suggesting the central bank may be nearing the end of its tightening cycle.Against a basket of six major currencies, the greenback fell to 96.120, its lowest since Nov. 8, after falling nearly half a percent last week, its biggest weekly drop sinc...Read More
FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) processed payments for Danske Bank (DANSKE.CO) in Estonia but ended the relationship in 2015 after it found suspicious activity, a spokesman for the German lender said on Monday.“Our role was to process payments for Danske Bank,” he said. “We terminated the relationship in 2015 after identifying suspicious activity.”Reporting b...Read More
WASHINGTON (Reuters) - CNN on Monday called on a federal court to hold emergency proceedings after the White House said it would again revoke press access to correspondent Jim Acosta despite a temporary restraining order on Friday to reinstate him.Acosta’s credentials were revoked after Trump denounced him as a “rude, terrible person” during a Nov. 7 news conference. CNN challeng...Read More
(Kitco News)- Although optimism is starting to grow among gold traders,one technical analyst warns that it is still a little too early to turn overlybullish on the precious metal.In a recent interview with Kitco News, Greg Harmon, founderof Dragonfly Capital, said while gold has bounced off recent support at $1,220an ounce, prices need to push past their October highs above $1,246 an ounce,before...Read More