Boise, Idaho (February 12, 2018) - The Idaho State House today overwhelming approved a bill which helps restore constitutional, sound money in the Gem State. State representatives voted 60-9 to pass House Bill 449 sending the measure introduced by House Majority Leader Mike Moyle and Senate Assistant Majority Leader Steve Vick to the Senate for a hearing in the Local Government and Taxation Co...Read More
- Gold has outperformed equities and bonds over the long term - PwC Research- Gold is up 6.7% and 6.8% per annum over 10 and 20 year periods; Stocks and bonds returned less than 5.2% respectively over same period (see PwC table)- From 1971 to 2016 (45 years), "gold real returns were approximately 10% while inflation increased 4%"- Gold also valuable due to lack of correlation and hedge against...Read More
Listen to this podcast on our site by clicking here or subscribe on iTunes here.Storm on the HorizonThe recent spike in volatility and market losses is likely just a passing squall, but there is something more lurking behind it, says Financial Sense's Jim Puplava.The nature of this shift lies in the beginning phase of a new bear market in bonds, which is remarkable because we haven'...Read More
ELKO, Nev., Feb. 13, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) today announced completion of the Fall 2017 drilling program and receipt of all certified assay results. The primary purpose of this scout hole program was to obtain more information about important host rock characteristics including, presence, distribution, depth, and the hydrothermal system presence and alteration ef...Read More
Feb 14, 2018 Guest(s): Maxwell Gold Director: Investment Strategy: ETF Securities Gold prices were on fire Wednesday, rebounding from losses made in the wake of stronger than expected U.S. inflation data. Kitco News caught up with Maxwell Gold of ETF Securities. "What sparked gold's price move today is the increase in inflation. I think that is boosting inflation expectations, and I think that's...Read More
Feb 13, 2018 Guest(s): Vince Lanci Real interest rates should stay negative as the Fed raises rates, creating a buying opportunity for gold, says Vince Lanci, founder of EchoBay Partners."If an unqualified spike in inflation were to come out, the stock market should definitely sell off," Lanci told Kitco News, "gold should sell off...gold should react the same way as stocks in the short term."L...Read More
Feb 13, 2018 Guest(s): Dennis Gartman Publisher, The Gartman Letter Bitcoin has, at one point, fallen to more than 60% below its December 2017 highs and may have already reached a key support level.Dennis Gartman, editor of the Gartman Letter, told Kitco News that the digital currency's support level around $6,000 a coin has been "impressive," and while he was bearish on bitcoin at higher prices...Read More
Lynette Zang from ITM Trading joins SGT Report to discuss the economy, precious metals and the storm that's brewing. The criminal banks have stopped lending to each other because they know something is very wrong. Will the masses realize it - or be told about it - before it's too late? Probably not. But you will. Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002....Read More
"The problem is what happens to the budget deficit. We just went through the government shutdown and a package that lays things out for the next two years, but it widens the deficit. The deficit is beyond control."Walter J. "John" Williams has been a private consulting economist and a specialist in government economic reporting for more than 30 years. His economic consultancy is called Shadow Gove...Read More
Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the laun...Read More
*This speech was delivered at the Vancouver Resource Investment Conference on January 21-22, 2018Doug Casey, Casey Research, discusses his biggest financial mistakes, recommended next reads, the benefit of warrants, blockchain, cannabis, and more with Marin Katusa, Katusa Research, at the 2018 Vancouver Resource Investment Conference.Doug Casey is an American-born libertarian economist and advocat...Read More
Today we learned that the Boulder County District Attorney's office has formally charged Angevine Middle School Physical Education Teacher Karen Smith. Continue...Read More
According to data released Tuesday by the Federal Reserve Bank of New York, American households' outstanding debt climbed to an all-time highContinue...Read More
(Kitco News) - The recent correction inequities showed that “gold has staying power,” said analysts at TD Securities,adding that the $1,380-an-ounce target is still within reach this year. Gold’s losses during the past two weeks have been limited and a recovery could be just around the corner, TD Securities’ head of commodity strategy Bart Melek and commodity strategists Ry...Read More
Source: Clive Maund for Streetwise Reports 02/11/2018Technical analyst Clive Maund explains why he believes this is a good time to short the dollar.The purpose of this update is to try to make sure that you remain aware that the dollar has broken down from a giant top area, and is probably headed much lower, a prospect that is not diminished by the modest countertrend rally of the past week or...Read More
CloseGain/LossGold $1321.30+$6.50Silver$16.52+$0.20XAU81.08+3.49%HUI180.45+3.38%GDM613.99+2.89%JSE Gold1118.34-13.55USD90.14-0.29Euro122.92+0.54Yen92.02-0.07Oil$59.29+$0.0910-Year2.857%+0.002T-Bond144.50+0.34375Dow24601.27+1.70%Nasdaq6981.96+1.56%S&P2656.00+1.39% The Metals: Gold gained $11.10 to $1325.90 in early Asian trade before it fell back to $1317.50 in London, but it then climbed t...Read More
Listen on BlogTalkRadioKerry Lutz of the Financial Survival Network (FSN) interviewed GoldCore's Mark O'Byrne about the outlook for crypto currencies, financial markets and precious metals.- Are bitcoin and crypto prices being manipulated like precious metals?- Is there a coordinated backlash against bitcoin from JPM and powerful interests?- 95% of cryptocurrencies and ICOs will likely go to zer...Read More
* Dollar falls back vs euro, sterling * Rising U.S. long-term yields could pose threat to US economy By Hideyuki SanoTOKYO, Feb 13 (Reuters) - The dollar slipped back on Tuesday as global equity markets showed some sign of stability after the recent rout, reviving risk appetite and putting the U.S. currency on the defensive on worries about its receding yield advantage.The dollar's index against...Read More
(Kitco News) - Russian authorities arrested several engineers working at one of the country’s top nuclear research facilities after reports that they tried to mine bitcoin using the center’s computers.Some media reports even suggested that the perpetrators tried to connect to the nuclear facility’s supercomputer, which was installed there in 2011 with a capacity of one petaflop.T...Read More