Our friend and colleague Jim Rickards has the energy and drive of a 20-year old. I try to read everything he writes, and watch all his media appearances. But sometimes a gem slips through the cracks.Two months ago, Jim was featured on Daniela Cambone's Youtube show. This was a gem, and luckily a reader alerted us to it.The provocative title is "Jim Rickards: Is the Gold Gone? Did the U.S. Treasury...Read More
I was recently browsing through the Daily Reckoning archives and stumbled across a March 2013 piece by our long-time contributor Jeffrey Tucker.The article was titled "Bitcoin’s Moment", and BTC was trading at $93 at the time.Here's an excerpt:"Many people fear that Bitcoin is overpriced right now. This view is held even by people in the Bitcoin community who worry that a move from $15 to $9...Read More
Americans are taught in school that the Smoot-Hawley tariff legislation of 1930 greatly exacerbated the Great Depression and sent the world spinning off into a decade of debt deflation and economic contraction. This seems to make sense until we remember that the history of the United States over the past century was written largely by progressives. In fact, the Great Depression began in 1920 with...Read More
Wherever you are and whatever you're doing, I hope you have a Big, Beautiful Memorial Day weekend. The weather is what it is, so make the best of things. While banks and markets will be closed on Monday, with no regular mail delivery.It's always nice to have a three-day holiday but, at the risk of seeming preachy, don't forget everyone who works in stores and restaurants that remain open. That, an...Read More
I write you from Riyadh, Saudi Arabia, the home of Islam. Despite growing up in America as a Catholic, I've always loved the Middle East. That's down to my love for Indiana Jones and traveling through the region as a professional and tourist.I've taught here once and in Abu Dhabi many times. I've also traveled through Dubai, Qatar, Turkey, Egypt, Tunisia, and Morocco. The cuisine is delectable, an...Read More
Cycles surround us. In markets, astronomy, and our lives.Every day is a circadian cycle for us all. Our bodies move through phases based on our exposure to light or darkness.Markets are also remarkably cyclical, responding to the environment around them. Interest rates, regulation, monetary policy and investor psychology all play important roles.Precious metals are no different. The sector’s...Read More
It's that time again.Time for the annual BRICS+ Leaders Summit. The BRICS have hundreds of meetings over the course of the year on every topic from sports to women's issues to agriculture. But there is only one Leaders Summit. That's when the heads of state of the members convene to discuss policy issues and to make announcements of major importance.For those new to BRICS, it's an acronym from the...Read More
Are we on the brink of an existential war between two nuclear-armed powers? I don't refer to the U.S. and China over Taiwan nor the U.S. and Russia over Ukraine. I'm referring to India and Pakistan. That's the most dangerous corner of the world today. And the answer to the existential question is yes.The immediate cause of the new war between India and Pakistan involving the disputed regions of Ja...Read More
Welcome to Trump's disruption world tour.If you think this is going to be quick?If you think this is going to be easy?Think again.If you think Trump cares about Wall Street?If you think Trump cares about the value of the U.S. Dollar?Maybe not.This is a total reboot of the world's monetary and trade order. Things are going to break.And at the risk of sounding like a broken golden record, there's an...Read More
Last week, Moody's Ratings lowered the United States credit rating. Fitch Ratings and S&P Global Ratings had already lowered the US rating. This new downgrade was driven by Congress's failure to make any efforts to reduce the almost 37 trillion dollars national debt.When Moody's made its announcement, the House Budget Committee was scrambling to get the votes to pass legislation extending the...Read More
NexGold Mining Corp.'s (NEXG:TSX.V; NXGCF:OTCQX; TRC1:FSE) latest set of infill drill results from Goldboro confirm broad zones of mineralization and should help beef up the project's existing resource, noted a Red Cloud Securities report.NexGold Mining Corp.'s (NEXG:TSX.V; NXGCF:OTCQX; TRC1:FSE) latest infill drilling results from its Goldboro gold project in Nova Scotia "should bolster the size...Read More
Goliath Resources Ltd. (GOT:TSX.V; GOTRF:OTCQB; B4IF:FSE) launched its largest drill campaign yet in British Columbia, targeting a high-grade gold system with major upside potential. Read more to learn how this discovery could reshape the region.Goliath Resources Ltd. (GOT:TSX.V; GOTRF:OTCQB; B4IF:FSE) has initiated its largest drill campaign to date, mobilizing nine rigs for a 40,000-meter progra...Read More
Silver North Resources Ltd. (SNAG:TSX.V; TARSF: OTCQB) hits high-grade silver and confirms a CRD system in Yukon as Coeur funds drilling in a tight market. Read more to see why this matters now.Silver North Resources Ltd. (SNAG:TSX.V; TARSF: OTCQB) has announced results from its 2024 drill program at the Tim property in southern Yukon. The program, conducted and funded by Coeur Silvertip Holdings...Read More
Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) applies for $2 billion in debt financing to advance its Stibnite project to production, noted a Cantor Fitzgerald report.Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) submitted its final application for $2 billion in debt financing to the Export-Import Bank of the United States (EXIM) for construction of its Stibnite gold-antimony mine in Idaho,...Read More
West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO) plans to mine and process 500 tons per day on average for the first two months then ramp up operations in H2/25, noted a Red Cloud Securities report.West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO) restarted the past-producing mine at its Madsen project in Red Lake, Ontario ahead of its mid-2025 target, Taylor Combalu...Read More
Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) files its responses in British Columbia Supreme Court to petitions challenging the company's flagship KSM project's Substantially Started (SS) designation. See why one analyst is optimistic the challenges will not be successful.Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced it has filed its responses in British Columbia Supreme Court to petitions ch...Read More
Silver North Resources Ltd. (SNAG:TSX.V; TARSF: OTCQB) hits high-grade silver and confirms a CRD system in Yukon as Coeur funds drilling in a tight market. Read more to see why this matters now.Silver North Resources Ltd. (SNAG:TSX.V; TARSF: OTCQB) has announced results from its 2024 drill program at the Tim property in southern Yukon. The program, conducted and funded by Coeur Silvertip Holdings...Read More
My dear friends, I think you are in very big trouble. Whether you believe it or not, YOU ARE AT WAR. And you may lose this war very soon together with all your affluence and freedoms unless you start defending yourselves.-Yuri Bezmenov, 1984In 1970, a Soviet KGB agent named Yuri Bezmenov defected to the West. His story is fascinating. Yuri shared key details on how USSR propaganda and subversion w...Read More
Golden Cariboo Resources Ltd. (GCC:CSE; GCCFF:OTC; A0RLEP:WKN; 3TZ:FSE) announced results for the third hole drilled in its 2024 drilling campaign at its Quesnelle Gold-Quartz Mine in British Columbia. Find out why it's a great time to be exploring for the yellow metal.Golden Cariboo Resources Ltd. (GCC:CSE; GCCFF:OTC; A0RLEP:WKN; 3TZ:FSE) announced results for the third hole drilled in its 2024 d...Read More
Barry Dawes of Martin Place Securities explains his thoughts on the gold market and why "small is good" right now.Brinkmanship everywhere.Bond yields failed to rise despite all the gold bugs wanting them to surge.That upward sloping wedge was breached to the downside.Still think a major bond rally is about to start.Would send the stock market much higher.Gold has back tested its short term parabol...Read More