For years, Peak Prosperity has been raising a loud warning of the 'Everything Bubble' that the world's central banks have blown in global asset prices. Over that time, we've debated with hundreds of economic experts on what will be the trigger to "pop" this mania. Well, now we're finding out. The economic damage being wrought worldwide by the coronavirus is the black swan the system never saw comi...Read More
Despite Fed crisis bailouts for the past 6 months, the bond market is cratering, stocks are melting down, and all eyes are turning to find safety from the destruction of our financial futures.David Morgan, founder of TheMorganReport.com, known as The Silver Guru, returns to Liberty and Finance to answer your questions and to give us urgently needed down-to-earth insights on where we are headed, an...Read More
"I am concerned. Things have to get worse - you don't have a move like this end without disorder. It just never happens." Continue...Read More
Oil war that began today will bankrupt many US companies. 60% of stocks in Russell 2000 are lower now than when Donald "the stock market president" Trump took office. Financials continue to get clobbered and stimulus won't help them this time. This time nobody will believe QE is temporary or interest rates will normalize. Australia looking to repeat the mistakes of others central banks. Gold broke...Read More
The Federal Reserve's inter-meeting emergency 50-basis-point interest rate cut last week was a panic move and will continue to support gold prices, said Adrian Day, CEO of Adrian Day Asset Management. "You can't fight a virus with a rate cut," Day told Kitco News, on the sideline of PDAC 2020, the world's largest mining conference. "I think the Fed has completely boxed themselves into a corner by...Read More
Jim Willie returns to SGT Report to discuss the very real possibility of an economic collapse brought on by the event none of us saw coming just two months ago. Jim 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...Read More
"As from 1 April we are starting to work without minding the quotas or reductions which were in place earlier," Russian Energy Minister Alexander Novak said Friday, "but this does not mean that each country would not monitor and analyze market developments." Continue...Read More
The benchmark 10-year Treasury yield puked below 0.5% for the first time in history as coronavirus fears, coupled with an oil price melt-down, sent investors flocking to safer government bonds.Continue...Read More
North Korea has fired at least one unidentified missile, the South Korean military stated early Monday local time. Continue...Read More
Silver and the juniors often lag the start of bull markets until inflation or at least rising inflation expectations kick in. Continue...Read More
Continue...David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism...Read More
Marin Katusa reveals resource investing insider secrets and takes a deep dive into negative interest rates, coronavirus, gold, oil, uranium and much much more! If you're interested in resource investing this is for you.Marin Katusa has worked directly with and financed many companies of well-known individuals in the resource industry and has become one of the most trusted and well connected dealma...Read More
We face more dangers-perhaps greater ones-than the coronavirus. Both the US as a community of people and its economy are under dangerous assault by forces of our own making. This article focuses Continue...Read More
To Watch Update #41, CLICK HEREWhile China appears to be succeeding in dramatically slowing the spread of the coronavirus within it borders, covid-19 continues to explode elsewhere in the world. In the US, people are just beginning to realize the severity of the situation. Cases are now present in nearly half of America's states and the panic rush to buy food, cleaning supplies, etc is on. But as...Read More
"You may not get a test unless a doctor or public health official prescribes a test." "That is our medical system in the United States." Continue...Read More
Marc Faber believes the coronavirus pandemic is being caused by a man-made biological agent (that most likely originated in a laboratory in Wuhan). Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was t...Read More
David Morgan reflects on the mood or sentiment at the recent PDAC (Prospectors and Developers Association of Canada). With gold performance at a 7 year high, what lies ahead. "Short stocks and long gold," states Mr. Morgan. What are we looking at? David refers to a company he covered at the event, a project generator called Taiga Gold Corp (TSX-V:TGC/OTC:TGGDF). Taiga has a join venture with SSR M...Read More
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
The system was so overleveraged and debt so out of control that it was just a matter of when, not if. Will the bank derivative blow up and will that pull down the European and global economy? The stuff that could happen is insanely scary. Turkey is fighting with Russia and demanding that the US enter on their side. Will the US honor its Nato committment. Hong Kong is giving out helicopter money, F...Read More
Demand for gold is sky rocketing and much of it is due to interest rates. The 10 year is yielding less than one percent, the lowest in history. Real rates are negative. As long as this trend continues the demand for gold will stay strong. Silver is lagging but demand is going to take off shortly. Substitution of silver for gold is already starting. Not to mention the silver to gold ration is closi...Read More