Gallup, Released on 5/4/2319% "very" and 29% "moderately" worried about safety of their moneyLevel of worry similar to readings during the 2008 financial crisisDemocrats, upper-income adults, college graduates less worriedContinue... Half Americans Worry Deposits Aren't Safe added by Herman James on 05/04/2023View all posts by Herman James ?+'Read More
Kitco, Released on 5/4/23Comex gold futures prices are up and overnight hit a new record high of $2,085.40 Continue... Gold just hit an all-time record high! added by Herman James on 05/04/2023View all posts by Herman James ?+'Read More
Saudi Arabia and Iran have normalized diplomatic relations.Syria may now be readmitted to the Arab League.Boy, those Chinese diplomats have done a bang-up job!Good morning from Northern Italy, where it's all play and no work.This week is the local holiday of Festa di San Secondo, which celebrates our patron saint.San Secondo was a 2nd-century Christian martyr who was beheaded under the Roman emper...Read More
The David Lin Report, Released on 5/4/23Axel Merk, President of Merk Investments, discusses the key underlying issues of the banking sectors, the assets that will likely perform the best in 2023, and the Federal Reserve's next moves.0:00 - Intro0:50 - Fed's next moves3:16 - Market reaction5:18 - Fed's views on recession7:28 - Rate hike or cut?9:17 - PacWest stock crash15:08 - Banks and commercial...Read More
Gold Silver (w/ Mike Maloney), Released on 5/4/23Join Mike Maloney in today's banking crisis update - more banks are failing, and gold is reacting...hitting a new all time record high overnight. Check out Mike's latest analysis in today's video. Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sa...Read More
Trends Journal, Released on 5/4/23Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigi...Read More
Liberty and Finance, Released on 5/4/23Metals have rallied significantly amid the ongoing banking crisis and talk of the Fed pausing their rate hikes. While he expects much higher prices long-term, the Silver Chartist's Steve Penny believes we could see a 5-10% pullback in gold and silver in the coming weeks. He also shares updates on miners, platinum, and uranium.2:05 Financial system3:40 Gold up...Read More
Breitbart, Released on 5/4/23The White House announced a plan to crack down on artificial intelligence (AI) on Thursday - amid growing concerns over the advanced technology possibly Continue... Kamala Harris Named 'AI Czar' to Save Us from Artificial Intelligence added by Herman James on 05/05/2023View all posts by Herman James ?+'Read More
Fox News, Released on 5/4/23"CEA believes that capitalism requires exploitation of children, public schools, land, labor, and/or resources. Capitalism is in opposition to fully addressing systemic racism (the school to prison pipeline), climate changeContinue... Colorado teachers union passes resolution declaring capitalism 'inherently exploits children, public schools' added by Herman James on 05...Read More
OilPrice.com, Released on 5/4/23The board of Australia's Newcrest Mining has recommended the latest takeover offer of bigger sector player Newmont, which last month valued the target company at $19.5 billion.Continue... Newmont Merger Would Create The World's Biggest Gold Miner added by Herman James on 05/05/2023View all posts by Herman James ?+'Read More
The Daily Gold, Released on 5/4/23I will begin with the types of companies to avoid. This revolves around a particular stage of a junior miner's life cycle.Continue... Jordan Roy-Byrne: Best Junior Miners to Own in Gold Bull added by Herman James on 05/05/2023View all posts by Herman James ?+'Read More
Scrape away the hand-wringing about interest rates and we find a bedrock of complacency. Nobody seems to doubt that the status quo can grind on for another 30 years doing the same stuff it’s done for the past 30 years.The U.S. economy and its financial system operate under the implicit belief that the Federal Reserve controls the direction of the economy and finance. This belief isn’t...Read More
"Current situation:Interest rates at their highest level since 2006Credit card debt set to cross $1 trillion for the first timeMultiple regional banks on brink of collapseRegulators believe in "system is strong"One month away from U.S. defaultHow can this end well?"Here you have the reflections of economics crackerjack Adam Kobeissi - he of the eponymous Kobeissi Letter.Indeed: How can this end we...Read More
Pento Portfolio Strategies, Released on 5/4/23The deep state of Wall Street is desperately trying to convince investors that the current array Continue... Michael Pento: The trouble in the banking system has only just begun added by Herman James on 05/06/2023View all posts by Herman James ?+'Read More
USA Today (via Yahoo Finance), Released on 5/4/23A study on the fragility of the U.S. banking system found that 186 more banks are at risk of failure Continue... US banking crisis: Close to 190 banks could collapse, according to study added by Herman James on 05/06/2023View all posts by Herman James ?+'Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 11 points at 8:35 AM EDT.Index futures were unchanged after release of the March U.S. Trade Deficit report at 8:30 AM EDT. Consensus was a recover to $63.80 billion from $70.05 billion in February. Actual was a deficit of $64.2 billion.First Horizon National dropped $6.21 to $8.90 after Toronto Dominion Bank withdrew...Read More
Look beyond market approach to project valuations: van ZylLeadershipGoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resources"Support for the 25-basis-point increase was very strong across the board," Fed chair Jerome Powell said after the meeting, according to Bloomberg.Read More
An initial open pit mining operation would cost $798 million with sustaining and expansion capital costs of $1.Read More
Look beyond market approach to project valuations: van ZylLeadershipGoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesThe funding will enable the ordering of long lead items for both the lithium and geothermal energy plants. Canaccord and Merrill Lynch are involved in the fundraising.Read More
Albemarle reported net sales of US$2.6 billion, an increase of 129%, while net income rose by 389% year-on-year.Read More