A sort of sector rotation of layoffs, and it's not a good sign, even as millions of lower-wage workers are being hired back.Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and...Read More
We discuss how fact checkers don't use source documents, the recent CJR article that illustrates how the Gates Foundation funds media and fact checking organizations to gain influence, and the lawsuit filed by Robert F. Kennedy Jr. against Facebook for censorship. Read More
If you don't think things can get even weirder and more uncertain than that, well, they can. I'm not predicting it's going to happen, let me be clear, but we could even end up with President Pelosi. Here's how:Continue...Read More
"This is the first time this has ever happened. I would like to thank the Kingdom of Saudi Arabia for making that possible," Kushner, US President Donald Trump's son-in-lawContinue...Read More
Many of the recent outbreaks are occurring in Midwestern states, including Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, Ohio and the Dakotas.Continue...Read More
The last few weeks have seen something 'odd' happening.VIX has been 'rising' as stocks soared to record highs.Continue...Read More
Earlier this month, while meeting with the Iraqi Prime Minister, President Trump reaffirmed his intent to remove all US troops from Iraq. "We were there and now we're getting out. We'll be leaving shortly," the president told reporters at the time.Although President Obama should never have sent US troops back into Iraq in 2016, it is definitely well past time to remove them as quickly as possible....Read More
It's silly, however, to suggest that Berkshire has dumped banks.Continue...Read More
Operating costs have increased by about 16% due to additional infrastructure and transportation costs. Continue...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comSep 1, 2020 While most of the Corona news is “baked” into the gold price, when the dust settles, $2000-$2500 is likely to be the new floor. Please click here now. The $1000 floor for gold took time to establish and the process involved significant pain for gold price enthusias...Read More
Copper North holds a property adjacent to Granite Creek Copper's project in the Yukon. Granite Creek Copper Ltd. (GCX:TSX.V) announced in a news release it signed a definitive agreement to acquire all of the Copper North Mining shares that it does not already own.With the transaction, Copper North shareholders will receive one Granite Creek common share for every 2.5 Copper North shares. This exc...Read More
Lion One Metals is gathering multiple pierce points on the new high-grade lode to more precisely determine its orientation. Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) encountered its best intercept yet with the latest drilling at its Tuvatu project on Fiji, it announced in a news release.The company reported that the intercept, which was hit in daughter wedge hole TUDDH500w1, is 3.3 meters (3....Read More
Sep 03, 2020 Guest(s): Rick Rule President & CEO, Sprott U.S. Holdings An economic war on savers is going to push gold prices much higher than $2,000 an ounce, according to Rick Rule, president of Sprott U.S. holdings. In an interview with Kitco News on the sidelines of the Mines and Money Online Connect Global mining conference, the celebrated fund manager said that while he is no fan of the Fe...Read More
Sep 03, 2020 Guest(s): Peter Hug Global Trading Director, Kitco Metals With holidays and families preparing for the fall, there are not that many traders, which leads to all sorts of volatility, said Peter Hug, head of Kitco's precious metal division. Hug spoke to Kitco News on Wednesday when October gold futures traded down $35.40 to $1,935.40. "During the last week of August, leading up to Lab...Read More
* Dollar set for fourth consecutive monthly decline * Gold on track for first monthly fall in five * Silver heads for fifth straight monthly gain * Interactive graphic tracking global spread of coronavirus:open in an external browser (Recasts, adds quotes, updates prices)By Diptendu LahiriAug 31 (Reuters) - Gold traded in a narrow $20 range onMonday as it headed for its first monthly decline in fi...Read More
*This interview was recorded on August 21Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More
*This interview was recorded on August 24Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com. Bix has dedicated his efforts over the last 15 years to exposing the long term manipulation of the gold and silver markets. He has worked closely with the Gold...Read More
Max chats to Craig Hemke of TFMetalsReport.com about Warren Buffett's move into the gold mining sector and what his dumping of most of his bank stocks bodes for a post-virtual Jackson Hole banking sector. They discuss inflation, deflation and more shenanigans from the bullion banks as ScotiaBank pays yet another fine for manipulating precious metals markets.Known primarily by his nickname "Turd Fe...Read More
MacroVoices Erik Townsend and Patrick Ceresna welcome Brent Johnson to the show to discuss the U.S. Dollar in depth, including why Brent thinks the dollar bears are declaring victory prematurely. They also discuss stocks, gold, and much more.Brent Johnson is the CEO of Santiago Capital http://www.santiagocapital.com/.Read More
If silver had the same kind of performance as the Dow since around the creation of the Federal Reserve in 1913, then it would have topped out at around $225oz. Yet, it only topped out around $50 in 1980 and 2011.So that begs the question... has silver had its run?Not by a long shot!David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report...Read More