After a long, initially-successful run promoting European integration and mass immigration, German Chancellor Angela Merkel saw the bottom fall out of her political fortunes this year. This morning she stepped down as leader of the formerly-dominant Christian Democrat party and promised not run again when her term as Chancellor ends in 2021.What happens next is almost certain to be chaotic, as t...Read More
Colorado Springs, Oct. 29, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced the timing of its 2018 third quarter earnings conference call scheduled for Wednesday, October 31, 2018. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The...Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.comTwitter: @Davcha12October 29, 2018"There are very few instances in history when any government has ever paid off debt." Walter Wriston, Chairman & CEO, Citicorp, 1967-1984 "Blessed are the young, for they shall inherit the national debt." Herbert Hoover, U.S. presi...Read More
By Frank HolmesStrengths? The best performing metal this week was palladium, up 2.16 percent as hedge funds boost their net long position to a 7-month high on supply concerns. Traders and analysts in the weekly Bloomberg survey were the most bullish in a month as gold heads for its highest price since mid-July. The yellow metal was up for a fourth straight week, the longest run o...Read More
Listen to the Podcast Audio: Click HereMike Gleason: It is my privilege now to welcome in Greg Weldon, CEO and president of Weldon Financial. Greg has over three decades of market research and trading experience, specializing in the metals and commodity markets, and his close connection with the metals led him to author a book back in 2006, titled Gold Trading Boot Camp, where he accurately pred...Read More
By Larry LaBordeThe first part of home storage is just basic home security. Your home does not have to be a fortress but it needs to have better security than the other homes in your neighborhood so that criminals just pick another one. The obvious ones are: Lock your doors and windows at all times.(Sounds simple but you would be amazed how many burglars just walk right in.)Motion detectio...Read More
By Keith WeinerThere is a popular notion, at least among American libertarians and gold bugs. The idea is that people will one day "get woke", and suddenly realize that the dollar is bad / unbacked / fiat / unsound / Ponzi / other countries don't like it / . When they do, they will repudiate it. That is, sell all their dollars to buy consumer goods (i.e. hyperinflation), gold, and/or whatever ot...Read More
By Avi GilburtAs I read much of the commentary being pushed around the internet now, we see generally see a broad range: on one end there are perma-bears calling for the mother of all market crashes, and on the other are those who are pounding the table about the fundamentals of the market still being strong, which should keep us quite bullish for the long term.Doesn't it amaze you that there is...Read More
CloseGain/LossGold $1229.10-$4.90Silver$14.45-$0.25XAU64.70-0.71%HUI144.02-0.43%GDM529.83-0.10%JSE Gold1166.01-47.57USD96.61+0.26Euro113.85-0.35Yen89.06-0.36Oil$67.04-$0.5510-Year3.088%+0.009T-Bond139.28125-0.15625Dow24442.92-0.99%Nasdaq7050.29-1.63%S&P2641.25-0.66% The Metals: Gold dropped $6.30 to $1227.70 in London and spiked down to $1224.50 in early afternoon New Yor...Read More
Cranbrook, B.C., October 29th, 2018: Taiga Gold Corp (CSE:TGC) ("Taiga") has recently received a $75,000 cash payment from option partner SGO Mining Inc. ("SGO"), a wholly-owned subsidiary of SSR Mining Inc. (formerly Silver Standard Resources Inc.) (TSX: SSRM) (NASDAQ: SSRM) pursuant to an option agreement relating to the Fisher Property, owned 100% by Taiga. SGO is in the third year of a five-...Read More
When will the strong dollar weaken? Ultimately, the answer is whenever the Treasury wants.When the Treasury is not overly concerned with the dollar, market forces can prevail to raise or lower the exchange rate compared with euros, Swiss francs, yen or any other currency.Sometimes, other central banks intervene to raise or lower their currencies relative to the dollar and the U.S. does not seem to...Read More
The great Chinese growth slowdown has been proceeding in stages for the past two years. The reason is simple. Much of China's "growth" (about 25% of the total) has consisted of wasted infrastructure investment in ghost cities and white elephant transportation infrastructure.That investment was financed with debt that now cannot be repaid. This was fine for creating short-term jobs and providing bu...Read More
As retirement nears for millions of Baby Boomers, they are scrambling for deck chairs on the Titanic.For about 40 years now I have been watching a major financial disaster developing. Its contributing factors include the shaky financial foundations of Social Security and Medicare, compounded by most Americans’ lack of financial education and entitlement mentality.When President Franklin D. R...Read More
Calgary, Alberta (October 29, 2018) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce that it has retained the engineering and geological consulting firm, Stantec Consulting Ltd. to complete a regional and property-scale data compilation. This project will include such datasets as regional magnetics, gravity, property-scal...Read More
Oct 30, 2018 Guest(s): Siddharth Rajeev VP, Head of Research, Fundamental Research Corp. Several macroeconomic forces are aligned to push commodity prices higher over the next year, this according to Siddharth Rajeev, head of research at Fundamental Research Corp."I think the fundamentals remain strong. Our outlook is that in the next 12 months, commodity prices should strengthen, mainly because...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
"The Democratic Party is a much more diverse political party, attracting people who are African-American, Latino, LGBT, whatever the reason why people feel more comfortable where Continue...Read More
Continue...Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has se...Read More
Volcker openly criticizes his Fed successors over inflation targeting. He is correct yet he did not go far enough.Continue...Read More
Peter Schiff is an internationally recognized economist 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, Time...Read More