Melvin Capital Management, the company that shorted the heck out of Game Stop, happens to be owned by Citadel, which happens to provide 40% of Robinhood's revenue. Continue...Read More
Gold started 2021 on a sour note, with prices trading lower for the firstContinue...Read More
The first signs that the silver market was about to get hit came Wednesday.Continue...Read More
"The Attorney General, through the Bureau of Alcohol, Tobacco, Firearms and Explosives, shall establish a system for licensing the possession of firearms or ammunition in the United States, and for the registration with the Bureau of each firearm present in the United States.Continue...Read More
Last year felt like apivot point in U.S. history. The pandemic and election left the nationideologically divided.There seem to be onlythree resolutions going forward.America will face anincreasingly authoritarian federal government ruling over a largely apatheticpopulace, the nation will splinter, or leadership will emerge which is somehowcapable of bridging the ideological divide between the Amer...Read More
Gold is suffering a hang-over afterit’s early January highs, while the EUR/USD pair is buckling - so when golddeclines, where will its bottom be?After injecting itself with JanetYellen’s stimulus sentiment, gold came down from its highs on Friday (Jan. 22).And like the GDX ETF, it’s important toput gold’s recent run into context. For starters, gold is stilltrading below its...Read More
Last year felt like apivot point in U.S. history. The pandemic and election left the nationideologically divided.There seem to be onlythree resolutions going forward.America will face anincreasingly authoritarian federal government ruling over a largely apatheticpopulace, the nation will splinter, or leadership will emerge which is somehowcapable of bridging the ideological divide between the Amer...Read More
Gold is suffering a hang-over afterit’s early January highs, while the EUR/USD pair is buckling - so when golddeclines, where will its bottom be?After injecting itself with JanetYellen’s stimulus sentiment, gold came down from its highs on Friday (Jan. 22).And like the GDX ETF, it’s important toput gold’s recent run into context. For starters, gold is stilltrading below its...Read More
In this interview, professional mining investor David Erfle, the Junior Miner Junky, reminds mining speculators to never chase runaway gold stocks. He provides commentary on the recent price action in the precious metals and junior miners. David lifts up potential investing opportunities under a Biden administration and offers his thoughts on copper drill plays. Finally, he shares practical advice...Read More
I look at the rising geo-political risk emanating from the South China Seas, and how this may become the knife that slices open the MOST extended and stretched US stock market I have EVER seen, in my FOUR DECADES of experience, this is perhaps the single most vulnerable market situation since 1983 ... as the chasm between the economic recovery priced into the market, versus the actual underlying e...Read More
Silver investment demand in 2020 made it into the record books. If investment demand continues to be strong, price should rise, silver expert David Morgan says. 0:00 Intro1:10 Precious metals update4:50 Rising rates & metals prices10:31 Are cryptos stealing the show?12:19 Silver investment demand18:11 Balanced metals portfolio21:04 How to sell silver22:18 Preparing for crisisDavid Morgan is a worl...Read More
CNBC's "Halftime Report" team is joined by Chamath Palihapitiya, CEO of Social Capital, to discuss how he traded GameStop and what he thinks this means for the investment landscape going forward. Part 1 (part 2 below)CNBC's "Halftime Report" team is joined by Chamath Palihapitiya, CEO of Social Capital, to discuss how he traded GameStop and what he thinks this means for the investment landscape go...Read More
Max Keiser is a former stockbroker and an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. Keiser invented "Virtual Specialist Technology," a software system used by the Hollywood Stock Exchange. Prior to inventing this technology, he worked on Wall Street where he began working after graduating from NYU. With the help of Keiser's co-host, Stacy Her...Read More
The two-day Federal Open Market Committee (FOMC) meeting concludes Wednesday with Fed Chair Jerome Powell's press conference. Our Daniela Cambone speaks with Axel Merk, founder of Merk Investments, about what to expect from the central bank and whether they will maintain their dovish stance. Chairman Powell faces this tough question: is it a better strategy to provide more or less communication on...Read More
John Rubino explains that the U.S. is broke and neither political party is able to fix the debt problems but the democrats will spend more money and drop off the cliff faster.John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from I...Read More
1. Wild action continues this morning. Apparently, Gamestop (GME traded as high as $365.00 a share in the premarket. This is a roller-coaster ride that I have not seen before. The word on the street is that there are numerous hedge funds caught on the short side and someone is just squeezing them out. Usually, when something like this has happened in the past it has resulted in a hedge fund or sev...Read More
Biden, the current occupant of the White House, and President Putin of Russia have had their first telephone meeting. President Putin stressed that it is in the interest of the US, Russia, and the entire world for the tense relationship between Washington and the Kremlin to be normalized. Biden apparently, was noncommittal on this overridingContinue...Read More
"In the 20th century, the failure and inability to centrally resolve such issues resulted in the catastrophic World War II," he said. "Of Continue...Read More
Inflation will be one of the greatest upside risks for gold this year. Will it materialize and make gold shine?The report about gold in 2021 would be incomplete without the outlook for inflation . We have already written about it recently, but this topic is worth further examination. After all, higher inflation is believed to be one of the biggest tail risks in the coming months or years, and one...Read More
ELKO, Nev., Jan. 27, 2021 /PRNewswire/ -- U.S. Gold Corp. (Nasdaq: USAU) (the "Company"), a gold exploration and development company, today announced that it has issued a CEO update outlining the Company's recent and expected milestones, as it continues to advance its assets and mining projects. Highlights include:Update on 2020 field activities at the CK Gold Project in Wyoming Announcement of...Read More