David dives deep into the topic where so few can. Concerned about a potential confiscation? You won't want to miss what David has to say about it...David Morgan interviewed on Reluctant PreppersRenowned silver guru David Morgan returns to Reluctant Preppers to answer YOUR viewer questions, starting with:"What was the David's 'Red Pill' moment??EUR<"David also weighs in on:- Direction of the market...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 29 points in pre-opening trade. U.S. bank stocks generally moved higher following release of third quarter results this morning. JP Morgan, Citigroup and Wells Fargo moved higher after releasing strong third quarter earnings. Microsoft gained $3.14 to $109.05 after Macquarie upgraded the stock to Outperform from Neutra...Read More
QUESTION: Mr. Armstrong; Your Global Market Watch picked the high in the S&P as September and called for a waterfall on the monthly level. That was amazing. Yet, with the stock market crash, gold could not even rally above the previous week’s high. If the bonds look like death warmed over, equities crash, then surely gold should have rallied but it could not overcome its own weight. Is...Read More
Colorado School of Mines has been awarded funding from the U.S. Department of Energy to develop an artificial intelligence-enabled robot capable of inspecting and repairing power plant boilers.Hao Zhang, assistant professor of computer science, is the primary investigator on the project, which will receive $400,000 over three years from the DOE's Office of Fossil Energy."Our goal is to develop an...Read More
Silver remains a prime target for mineral explorers and miners, particularly those active in Mexico and other Latin American countries. Here is a look at five silver-focused companies plus a palladium producer.BEAR CREEK MININGBear Creek Mining (TSXV: BCM; US-OTC: BCEKF) has long been active in silver exploration and development in southern Peru.The Vancouver-based junior describes its flagship, w...Read More
Nevada Copper (TSX: NCU; US-OTC: NEVDF) has tabled a new preliminary economic assessment (PEA) suggesting an open pit mine at its Pumpkin Hollow copper project in Nevada, where the company is already part-way through constructing an underground mine.The PEA consists of two phases. The first would cost an initial US$592 million and include a plant capable of processing 33,500 tonnes per day. It wou...Read More
Cities across the country are done with Columbus Day. San Francisco has done it. Cincinnati's done it. And most recently, Columbus, Ohio-a city named after Christopher Continue...Read More
"Given the activity we've seen - and its timing ahead of the US midterm elections - we wanted to give some details about the types of behavior that led to this action," Continue...Read More
With the recent plunge in the S&P 500 of over 5%, has the long-anticipated (and long-overdue) market correction finally begun?It's hard to say for certain. But the systemic cracks we've been closely monitoring definitely got an awful lot wider this week.Continue...Read More
A lawsuit conerning whether or not race has been used as a factor in U.S. college admissions will go to trial in Boston on Monday, when Harvard University Continue...Read More
Magdalene Altidor lost her home to foreclosure during the last financial meltdown, but she's ready to jump back into another subprime mortgage in 2018Continue...Read More
Continue...Marin Katusa has worked directly with and financed many companies of well-known individuals in the resource industry and has become one of the most trusted and well connected dealmakers in the junior resource sector. During this time, he has become one of the most successful portfolio managers in the resource sector, such as his 2009 Fund Partnership (KC50 Fund, LLC) which has outperfor...Read More
Oct 15, 2018 Guest(s): Alain Corbani Head of Commodities, Finance SA Alain Corbani, head of commodities at Finance SA, said that these two clues may hint at the next peak on gold. "At $1,200, gold mines are breaking even, so $1,200 is the bottom. That's the first answer I can give you. The second one is that usually the cycle peaks when the net margins of the industry exceed 25%," Corbani told K...Read More
Oct 15, 2018 Guest(s): Ivan Bebek Executive Chairman, Auryn Resources Miners and gold producers are at an optimal point in the cycle for investors looking to buy, this according to Ivan Bebek, executive chairman of Auryn Resources. "The opportunity in gold exploration, or gold companies in general, to buy them or invest in them in this low point, will never be seen for another decade," Bebek tol...Read More
Oct 15, 2018 Guest(s): Gerald Celente Publisher, The Trends Journal Destabilization around the world is showing signs with global currencies "collapsing," said Gerald Celente, publisher of the Trends Journal. "It's beyond Italy. It's going on in all the emerging markets and the developed nations," Celente told Kitco News. Celente said that the new Italian government is reflective of the broader...Read More
Tesla claims that all vehicle orders placed by October 15th will still be eliginble for the tax credit and delivered by December 31, 2018, Continue...Read More
Amerigo MVC plant ramp-up on courseSPONSOREDamerigo resources The move signals a geographic expansion for the company which has made a name for itself as a first mover in Argentina, when economic reforms opened the country for foreign investment in 2003.Under the first of two accords, Golden Arrow has entered a 48-month earn-in period "with minimal costs" in the first year and total payments of U...Read More
People think investing is risky.When I was growing up, my poor dad believed this. Because he valued comfort and security, he felt that smart people got a good job and saved their money. He would say things like, "Do you think money grows on trees?" or "Do you think I'm made of money?"My rich dad, on the other hand, felt that my poor dad's plan was risky. He aspired to own his own businesses and to...Read More
Many countries issued dollar-denominated debt to bolster their economies as we emerged from the 2008 financial crisis.But now that the dollar is strengthening against their weakening currencies, those debt levels are becoming more burdensome.The end result is likely to be a wave of defaults and bailouts that echo similar collapses in Greece and Cyprus.So far this year, India's rupee is down 12.5%,...Read More
Economist, investment banker, and author James Rickards discusses interest rates, the stock market, the US economy, precious metals, the risk of financial calamity, the future of the Fed and much more.*This interview was published on Oct 12, 2018Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist a...Read More