As the summer doldrums drag on, precious metals bulls are eying potential support levels for a seasonal bottom. The gold market found support at the $1,750 level last month and has since been trading with a slight upside bias. Although the price action hasn’t been especially exciting, base building in these summer months can be a healthy technical process in the context of a larger bull mark...Read More
Gold has been suckingwind this summer, trudging along after getting slammed by a distant-future-rate-hikesscare. The resulting lower prices havereally damaged psychology, leaving investors wavering on gold. Their recent capital inflows have reversedinto modest selling, contributing to unusual weakness in this leadingalternative asset. But investment demandshould roar back in this...Read More
Kevin C. Smith, chief investment officer, and Tavi Costa, portfolio manager, of global macro investing company Crescat Capital, take a deep dive into the macroeconomic shift they believe is upon us, and what it means for investors.Continue...Read More
Rep. Mo Brooks (R-Ala.) says China is actively seeking to use biological weapons as a means of achieving victory over western opponents in an future military conflict. One America's John Hines caught up with Brooks and has more from Capitol Hill.Read More
As the summer doldrums drag on, precious metals bulls are eying potential support levels for a seasonal bottom. The gold market found support at the $1,750 level last month and has since been trading with a slight upside bias. Although the price action hasn’t been especially exciting, base building in these summer months can be a healthy technical process in the context of a larger bull mark...Read More
Gold has been suckingwind this summer, trudging along after getting slammed by a distant-future-rate-hikesscare. The resulting lower prices havereally damaged psychology, leaving investors wavering on gold. Their recent capital inflows have reversedinto modest selling, contributing to unusual weakness in this leadingalternative asset. But investment demandshould roar back in this...Read More
As the summer doldrums drag on, precious metals bulls are eying potential support levels for a seasonal bottom. The gold market found support at the $1,750 level last month and has since been trading with a slight upside bias. Although the price action hasn’t been especially exciting, base building in these summer months can be a healthy technical process in the context of a larger bull mark...Read More
Gold has been suckingwind this summer, trudging along after getting slammed by a distant-future-rate-hikesscare. The resulting lower prices havereally damaged psychology, leaving investors wavering on gold. Their recent capital inflows have reversedinto modest selling, contributing to unusual weakness in this leadingalternative asset. But investment demandshould roar back in this...Read More
Bob Moriarty ArchivesJul 26, 2021These are true stories taken from one of the chat boards over the weekend.@Icarus This is a COVID post. Please ignore if you are not interested in Covid or Ivermectin. I just contracted Covid on a plane trip to New York for my nephew's wedding. I purchased one of those test kits and the result was unequivocal...COVID for sure. This is my story. After returning...Read More
We had the honor of sitting down with the newly "semi-retired" Rick Rule to get his latest takes on the economy, technology, and of course the mining sector. He sees the state of the real economy as showing surprising underlying strength, some of it false and much of it due to technology, which effectively reduces capital requirements. The pace of technological change and implementation keeps incr...Read More
"How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually, then suddenly."These lines from Ernest Hemingway's novel The Sun Also Rises, reveal a lot about the human experience when it comes to success and failure.With the economy in an artificially inflated bubble, it is eminent that there will be winners and losers when it pops. Those that are successful will be the ones that have...Read More
In this video, Rick breaks down why he believes inflation is creating a crisis of confidence, and how he believes the federal reserve will respond as inflation continues to rise. I ask Rick to give us opinion on the changing of messaging from the federal reserve on inflation, and how he sees the entire financial system playing itself out. Rick Rule, founder and chairman of Sprott Global Resource I...Read More
J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton's International Commodity Division, headquartered in New York City's Battery Park. He studied under David Johnston, head of Hutton's Commodity Division and Chairman of the COMEX. In the 1980s Mike began to develop his own momentum-based method of technical analysis. He learned early on that o...Read More
Dennis Gartman joins The Income Generation to discuss Financial Lessons Learned From Covid-19!Dennis Gartman has been publishing his daily commentary, The Gartman Letter, since 1987. Over the years, he has also conducted numerous presentations and courses on issues relating to the capital markets and derivatives for various brokerage firms, central banks, and U.S. government entities. In recent ye...Read More
Shares of Lynas Rare Earths Ltd. traded 10% higher after the company reported record revenue in Q4/21 due to continued strong global demand for NdPr products. Rare earth materials producer Lynas Rare Earths Ltd. (LYC:ASX; LYSCF:OTC) today announced financial results for its fourth quarter ended June 30, 2021.The company's CEO and Managing Director Amanda Lacaze commented, "I am very pleased to re...Read More
The recent felony conviction and eight month prison sentence of January 6th protester Paul Hodgkins is an affront to any notion of justice. It is a political charge and a political verdict by a political court. Every American regardless of political persuasion should be terrified of a court system so beholden to politics instead of justice.We've seen this movie before and it does not end well.Wors...Read More
This will be the future: a world of people too busy playing with their phones to even notice that someone else controls them.Continue...Read More
New home sales and lumber prices both down, is housing cooling off? Home price were rising at the fastest rate ever. Housing is beyond the means of most Americans. New home sales down 6%. Inventory is spiking and lumber is tanking, wiping out all its 2021 gains. How big a deal is the end of the eviction moratorium? Extended emergency unemployment insurance is ending in September. Perhaps it will s...Read More
This is not something anyone would have dared to think that a representative form of government would have even talked about.Continue...Read More
New York City Mayor Bill de Blasio is requiring all city employees to be vaccinated against Covid-19 or face weekly tests, adding to a Continue...Read More