To Watch Update #48, CLICK HEREThe lockdowns predicted in yesterday's video update are already starting to happen. Italy, Spain, New Zealand, Northern Ireland, Israel and a growing number of countries are locking down their borders and tightening restrictions on movement. More and more US states & cities are banning public gatherings and forcing closure of non-essential businesses. Rumors of a com...Read More
While the markets continue to slide and gold/silver have been especially hard hit, we may be close to a bottom, at least that's Nick Santiago's take. John and I have been talking about this eventuality for years now. I was almost ready to change the name of my website and podcast, for fear of becoming less relevant. But all that's changed. Preventive prepping can save you great angst if done prope...Read More
Mohamed El-Erian, chief economic advisor at Allianz, joins "Squawk Box" by phone to discuss the markets and the recent action from the Fed to lower interest rates to zero.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond fu...Read More
Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist. Read More
The closures of restaurants, bars, and gatherings is picking up steam. If you absolutely have to be someplace, go now.Continue...Read More
Most of the people I read seem to think pumping money by Central Banks can solve the financial problems but let me remind my readers that the Central Banks pumping unlimited money into the system is what caused the problem. Continue...Read More
Part 1 (part 2 below)Part 2Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook)....Read More
"Each and every one of us has a critical role to play in stopping the spread and transmission of the virus."Continue...Read More
"I know this news will spark concern among Canadians travelling abroad. I want to assure you that our government will not leave you unsupported," he said.Continue...Read More
Fears of deflation are battering the entire commodities complex lower, and precious metals are being caught up in the selling.Continue...Read More
Jim Bianco of Bianco research on the Fed's moves and whether it needs to do more. With CNBC's Brian Sullivan and Fast Money trader Steve Grasso.Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim's commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has bui...Read More
Fed finally did what I've been saying they would for years: cut rates to zero with the biggest point cut in history. Powell afraid to call it QE.There are no atheists in foxholes; there are no free-market capitalists in a recession. If we fought WWII with bailouts, like the way we're fighting coronavirus, we'd be speaking German now.Waiting in line for food and toilet paper does not mean business...Read More
Governments love crises because when the people are fearful they are more willing to give up freedoms for promises that the government will take care of them. After 9/11, for example, Americans accepted the near-total destruction of their civil liberties in the PATRIOT Act's hollow promises of security.It is ironic to see the same Democrats who tried to impeach President Trump last month for abuse...Read More
Silver has never been so unloved relative to gold. Get the latest from Mike Maloney on the gold/silver ratio, today's market action, his case for 'deflation first', and whether Mike plans to buy more silver soon.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 sales/storage and one of the world's...Read More
Despite modern complexities in finance and money, the basic issue is old fashioned currency elasticity. Central banks are not suited for it, and the results are obvious now.September's repo event said that money dealers when faced with irregularities would sit on the sidelines regardless of Fed action. They are definitely sitting on the sidelines.Market liquidations come down to repo market - on t...Read More
Despite an emergency move from the Federal Reserve, markets had their worst day since 1987. Danielle DiMartino Booth discusses...Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an econ...Read More
Precious metals have plunged in the markets, but there is still demand for physical coins in the midst of the coronavirus outbreak, this according to Phil Streible, chief market strategist of Blue Line Futures."I can tell you one thing, I called around the last couple of days trying to buy physical metals, specifically physical silver, and silver was a $1.50 to $2.00 over spot, so there is an unde...Read More
"We're helping millions of people stay connected while jointly combating fraud and misinformation about the virus, elevating authoritative content on our platforms, and sharing critical updates in coordination Continue...Read More
The World Gold Council's latest gold inventory report is out, and the news this time is really shocking. As of February, the United States continues to lead the group with around 8,133 tons of gold, accounting for a whopping 72% of U.S. total reserves. Germany comes in second with 3,381 tons in February, or 66% of its total reserves, at the same time as France and Italy both counted in excess...Read More
Keith Neumeyer, CEO of First Majestic Silver and Chairman of First Mining Gold joins SGT Report to discuss the state of the precious metals mining industry and the madness of the US stock market.Keith Neumeyer is the president and CEO of First Majestic Silver, one of the largest primary silver mining companies in the world. He's also the founder and chairman of First Mining Finance. Both companies...Read More