As a general rule, the most successful man in life is the man who has the best information Who controls the US economy? The "power of the purse" resides within the US Congress and the powers to set fiscal and monetary policy are delegated to the US Central Bank, otherwise known as the Federal Reserve. While the success of US Presidents often depends on how well the economy does during their t...Read More
By Hubert Moolman Previously, I have shown how we could be close to major financial crisis with the monetary system at the center. The following chart that shows the ratio of gold to the monetary base was used: The chart shows the ratio of the gold price to the St. Louis Adjusted Monetary Base back to 1918. That is the gold price in US dollars divided by the St. Louis Adjusted Monetary Base...Read More
As part of Merk's in-house research we regularly evaluate a consistent set of charts covering the economy, equities, fixed income, commodities and currencies. The aim is to keep our eyes open and to look through the noise of the headlines, avoiding the distractions of sensationalized click-bait. In sharing this content, we offer a cross-check to your own thinking and aim to add value to your own...Read More
By Frank HolmesIf you followed some of my posts from two years ago, you might recall that I was in favor of Brexit. I still am. One of British voters' main grievances was the heavy burden of European Union (EU) regulations, many of which are decided by unelected bureaucrats in Brussels. Altogether, these regulations cost U.K. businesses an estimated 33.3 billion pounds every year. Voters should...Read More
Incredible! The Dow swung nearly 570 points on Tuesday without breaking above or below the previous day's range. This is what chartists refer to as an "inside day." In fact, the blue chip average didn't traverse even half of Monday's epic, 1214-point swing. Get used to the wild oscillations, since volatility is unlikely to subside until we come to regard a bet on more of it as a sure thing. Pa...Read More
- Gold Krugerrand coin worth $1,200 put in charity kettle - this time in Alaska- Mystery Salvation Army gold donors keep giving Gold Krugerrands- Gold, like pounds, euros and dollars can be used for good or ill- Give the gift of gold in this the Season of Kindness Gold Krugerrands (1 oz) being used for goodSalvation Army staff in Alaska got a big surprise while counting change from their red ke...Read More
Peter KrauthAt its core, gold is two things: wealth preservation and financial insurance.So when the head of the world's biggest hedge fund recommends an allocation of 5% to 10% in gold, investors need to listen.Another respected expert on the price of gold is Ray Dalio, founder and chief investment officer at Bridgewater Associates, the world's largest hedge fund, with some $160 billion under man...Read More
Today we trample sacred ground... trumpet a message of heresy... and offend the wrathful gods.In 2001, academic Hans-Hermann Hoppe scribbled a book bearing the soaring title Democracy: The God That Failed. Hoppe's work is a sharpened spear levelled against that holiest of secular divinities.Hoppe's primary tort against democracy?It wastes. It exhausts its capital. It forever takes the short view....Read More
The buck stops here, said Truman.But Trump says it stops with the next fellow in line. Let it be the next president's toothache.Last year administration bean counters unfurled a worrisome chart before the president…It revealed an approaching "hockey stick"-pattern spike in the national debt - but only after a possible second Trump term had concluded.Came the president's response, according t...Read More
Even more than our education, our habits reflect our lives. Habits are very easy to develop and very hard to break, and once they’re developed, they control our behavior-sometimes in ways that we don’t even recognize. Often these bad habits lead to other bad habits. It’s a vicious cycle.For instance, many people want to be in shape. In fact, we're only a few weeks away from that...Read More
Calgary, Alberta (December 12, 2018) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to report results from the Phase I and II diamond drill programs from the Kena Gold Project, located in the highly prospective Kootenay Boundary region near Nelson, British Columbia and provide a corporate update relating to the company's other activi...Read More
December 12, 2018 - Vancouver, BC - ATAC Resources Ltd. (TSX-V:ATC) (“ATAC”) announces that Barrick Gold Corporation (“Barrick”) has terminated its option to acquire an interest in the Orion Project, located within ATAC’s 100% owned Rackla Gold Property, Yukon. “We would like to thank Barrick for its exceptional collaboration and sharing its extensive knowledge...Read More
Link to the Slides and Sources: https://www.itmtrading.com/blog/bear-...I believe that enough risk has now been transferred, to usher in the next financial crisis.Which will most likely be caused by derivative leverage explosions along with evaporating market liquidity. Weekly equity outflow reports and market trading volumes might be telling us that the selling has begun.On December 10, 2018 she...Read More
Jordan Roy-Byrne, Founder of The Daily Gold addresses what Fed policy would actually drive metals higher. As much talk as there is of a pause coming from the Fed after next week's rate hike, a simple pause might not be enough to drive a full on bull market for the metals. We also look at how GDX, GDXJ, and SIL have been moving off the recent lows.Jordan Roy-Byrne, CMT is a Chartered Market Technic...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff 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, BusinessWee...Read More
Bart Melek, Global Head of Commodity Strategy for TD Securities answers your questions regarding gold, Fed policy and the ongoing drop in crude oil prices.Read More
“Sorry, your card was declined.”What the….!?!?I was at the hospital cafeteria picking up some food for my little man who broke his arm this weekend. And for some reason my card wouldn’t go through. Was I really out of money?The holidays can be stressful trying to make sure you cross everyone off on your shopping list. And then if you throw in some unexpected expenses like a...Read More
"Around this country, especially in communities like Stockton, people are working incredibly hard and falling further and further behind. We have people in our community that Continue...Read More
Andy Schectman of Miles Franklin Precious Metals Investments discusses with Maurice Jackson of Proven and Probable some benefits of holding precious metals in IRAs as well as some other tax advantages of precious metals. Maurice Jackson: Welcome to Proven and Probable. Joining us is Andy Schectman, the president of Miles Franklin Precious Metals Investments. In our previous interview, we addressed...Read More
Twitter users have reported a large police presence in the downtown areaRead full newsRead More