By Graham SummersThe financial media is finally catching on to something we've been screaming about for years...That the Fed's preferred metric for measuring inflation is a complete joke.Making matters more difficult, the Fed's preferred inflation gauge does a pitiful job of capturing the quandary facing many households that live paycheck to paycheck. The so-called core PCE is the central bank's...Read More
Pension Crisis And Deficit of ?2.6B At Carillion To Impact UK Pensions- Carillion collapses leaving a ?900 million debt pile and 30,000 pensions at risk- Carillion PLC share price has collapsed 94% in last twelve months- Private analysis of Carillion's pension deficit reveals it to be as high as ?2.6 billion- Figure adds to the UK's ongoing pension crisis, both private and state are severely...Read More
Every week there is some news to for traders and investors to think about. Long term and medium term investors need not scrutinize news in a big way. Short term investors and day traders have to look at each and every news item as it is difficult to predict a reaction after any news. One should have key technical support before hand with him. One should also look for breakout price points and th...Read More
COLORADO SPRINGS, CO, Jan. 22, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced preliminary 2017 year-end and fourth quarter mill production results. The Company produced approximately 28,117 gold ounces and 1,773,263 silver ounces for the 2017 year, which met its annual gold and silver production target ranges. Gold Resource Corporati...Read More
Recently, we witnessed the largest change to our tax system in over three decades with the Tax Cuts and Jobs Act (TCJA). It will take us years to fully understand all the implications of these changes but, for now, it appears there are some immediate winners-real estate investors. Before I explain why, and offer some potential strategies to consider, please remember that real estate is an importan...Read More
Late on Friday, January 19, 2018, politicians in the U.S. Congress failed for the nineteenth time in the last 42 years to approve a resolution that would allow the U.S. government to continue borrowing money to support all of the spending that they've mandated. As a result, nonessential federal government employees have been directed to not report to work as of Saturday, January 20, 2018...Read More
QUESTION: Do you think that the Commitment of Traders and reported inventories are relevant to gauge market performance?ANSWER: The oldest game in town is manipulating inventories. Commodities can be stored at many places, but only selected facilities are on the reporting list. During the famous Buffet Silver scandal of 1997-1998, to justify taking silver up in price they had to make the invent...Read More
ELKO, Nev., Jan. 22, 2018 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold" or the "Company") (NASDAQ: USAU), a gold exploration and development company, announced today that it has closed its previously announced $5.0 million sale of its Series E convertible preferred stock in a non-brokered registered direct offering. Concurrently, the Company also issued common stock purchase warrants in a priva...Read More
There has been chatter about whether the Tax Cuts and Jobs Act of 2017 (TCJA) will result in a temporary stimulus, or sugar high, to U.S. economic activity because of the increase in corporate after-tax profits and the increase in household disposable income that will flow from the tax-rate cuts. How can putting this extra after-tax income in the hands of businesses and households not st...Read More
Peter KrauthGold prices in 2018 are already gaining thanks to the "January Effect" I told you about last week, and the government shutdown this week won't slow them down.After breaching the $1,300 level on the very last trading day of 2017, the price of gold has pushed even higher in 2018.Editor's Note: 10 Reasons Why Gold Could Hit $3,000 in 2018The yellow metal peaked at $1,343 early last week (...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
"We've just put associates on different kinds of tasks where we think it adds to the customer experience." Continue...Read More
Today, 6 years ago, the NZ Govt enabled the unlawful destruction of Megaupload and seizure of my global assets. I was arrested for the alleged online piracy of myContinue...Read More
Continue...Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the...Read More
INTERSECTS HIGH GRADE MINERALIZATIONCalgary, Alberta (January 22, 2018) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce it has now received final assay results from its initial drilling program on the Daylight Property located in southeastern, BC.Encouraging assay results have been obtained from an 18-hole drill program whic...Read More
Palisade Research January 22, 2018 Category: Research This morning Mexican Gold released the final assays of its 2017 program. . .The results focused on the Eastern extent of El Dorado/Juan Bran, where the Dike Contact has only seen one drill hole in the past.Currently, the west contact zone has been outlined for over 360 meters along strike. Today's assays outline high-grade mineralization on the...Read More
Ubika Gold 20 Index has climbed 10.8% during the past five weeks, outperforming its benchmarks the Gold Spot price and the Global Gold IndexThis Content is Exclusive to Our MembersLogin belowRegisterLost your password?The Ubika Gold 20 Index has climbed 10.8% since our last report dated December 11, 2017, outperforming its benchmarks, the Gold Spot price and the Global Gold Index, which returned 6...Read More
Jan 22 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.The Times- Britain would struggle to withstand Russian forces on the battlefield and ministers must invest in defence or further erode the country's ability to combat threats, the head of the army, Nick Carter, will say on Mo...Read More
(Adds Cornyn comment, Durbin quote, Wall Street reaction)By Susan Cornwell and Ginger GibsonWASHINGTON, Jan 21 (Reuters) - U.S. Senate Republican and Democratic leaders met on Sunday amid a flurry of congressional negotiations aimed at breaking an impasse that has kept the U.S. government shut down for two days, but it was unclear if a deal could be struck to reopen federal agencies by the start...Read More