"We are providing assistance such as security, communications, medical evacuation, logistics, and safety support to state, district, and federal agencies," Continue...Read More
"The state is wielding extraordinary power these days - power to close businesses, to directly impact people's livelihoods and even lives - andContinue...Read More
Continue...James Turk has specialized in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. His career began at Chase Manhattan Bank (now JPMorgan Chase & Co.), which included assignments in Thailand, the Philippines and Hong Kong. He subsequently joined the investment and trading company of a pro...Read More
These are just the lies in the first 36 hours that Joe Biden himself proved through his own actionsContinue...Read More
We are in the twilight zone. An impeachment trial isContinue...Read More
An eventual market correction seems more and more likely with each passing day. You need to prepare for that risk.Continue...Read More
Two weeks ago, investing icon Jeremy Grantham turned apocalyptic and warned that the "Bursting Of This "Great, Epic Bubble" Will Be "Most Important Continue...Read More
Herd immunity should be a fact of life by the late spring (unless, of course, Fauci moves the goalposts again, or a new Continue...Read More
The Fed has a binary choice: preserve America's global hegemony or further enrich the billionaires. You can't have both.Continue...Read More
Inflation Is Spreading Broadly into the Economy. Amid Surging Costs, Companies Raise Prices, and Customers Pay them, Despite Weak Economy, 10 Million Missing JobsContinue...Read More
Demand for bars and coins are up, but inflation, a key driver of gold prices, is unlikely to return until the economy opens up, said Peter Hug, director of global trading at Kitco Metals.Peter Hug has been involved in precious metals since 1974. He began gaining first-hand investment industry experience at Deak-Perera. He served as SVP at Guardian Trust Company, which became one of the largest int...Read More
Eleven workers trapped for two weeks inside a Chinese gold mine were brought safely to the Continue...Read More
Recent surface sampling exploration work at StrikePoint Gold's Porter project returned silver grades of up to 3,840 g/t. StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) announced in a news release that surface sampling showed new veins and extensions and returned up to 3,840 grams per ton (3,840 g/t) silver at the past-producing Porter silver property in British Columbia's Golden Triangle.Detailed...Read More
Peter Krauth, the editor of Silver Stock Investor, looks at silver's bull markets since the 1970s and discusses what he thinks lies ahead. There's no consensus on whether silver is in its second or third secular bull market since the 1970s. That's because people define bull markets in different ways. But as I'll show you, it's not that important.What we do know is that silver enjoyed a huge bull m...Read More
Gold moved higher as the USD Indexmoved lower in today’s pre-market trading. Before providing you with mythoughts on why that happened and what the implications are, let’s see exactlywhat transpired. Figure1 - USD IndexIn yesterday’s (Jan. 19) analysis , I commented on the above USD Index chart in the following way:TheUSD Index is after a major breakout above the declining resist...Read More
Anyone who owns precious metals, mining shares or metals' ETFsknows the drill.First, gold and silver begin toestablish an uptrend on the charts. Analysts (like us) start writing about howprices are getting ready to make an upside run.Then "out of nowhere" thousands of highly marginedfutures contracts hit the market on the short side, "re-painting" thecharts, sending terror into...Read More
The price of gold has declined further amid incoming U.S. President Joe Biden’s fiscal stimulus and poor economic data, which is a bearish sign.The weakness in the gold market continued last week. As the chart below shows, the London P.M. Fix declined below $1,840 last Friday (the price of the yellow metal later declined even further, i.e., below $1,830). The downward trend is a bit disturbi...Read More
In the biggest boost for cannabissince Canada legalized recreational use in 2018, the United Nations has reclassified marijuana, removing it from its most strict drug control list, paving theway for a flurry of positive legal activity the world over … But while U.S. states line up tolegalize recreational use, and while a change of power at the White House bodeswell for cannabis stocks, ther...Read More
As investors await the incoming Bidenadministration and the uncertainties that a transition of power may bring, preciousmetals markets regained some ground through Thursday’s close but have pulledback again on Friday, especially silver and platinum. Preciousmetals prices and financial markets haveseemingly been unaffected by recent political turmoil. Investors have beennonchalant in the face...Read More
Hurray! The disastrous year of 2020, which brought about the COVID-19 pandemic , the Great Lockdown , and the economic crisis , is over! Now, the question is what will 2021 be like – both for the U.S. economy and the gold market.To provide an answer, below I analyze the most important economic trends for the next year and their implications for the yellow metal. 1.Society gains herd immunity...Read More