Chat logs introduced as evidence by prosecutors at the Chicago spoofing trial of two former precious-metals traders for Bank of America Corp.'s Merrill Lynch unit show one of them, Edward Bases, bragging about how easy it was to manipulate prices. Gold Trader's Chat Bragged About 'How Easy' It Is to Manipulate Prices https://finance.yahoo.com/news/gold-t...Craig Hemke/TF Metals Tweet from Thursday...Read More
Todd Bubba Horwitz joined us for a discussion of the economy and the stock market. He believes it's going to go down eventually, but who knows when? Everything is messed up thanks to the Fed. And they have no way out. Don't be deceived by transitory or temporary inflation, it's here to stay for the foreseeable future. Todd tells us that Pot stocks are looking good. They key event will occur when t...Read More
Jeff Snider is head of global investment research for Alhambra Investment Partners, a registered investment advisory based in Palmetto Bay, Florida. As Head of Global Investment Research for Alhambra Investment Partners, Jeff spearheads the investment research efforts while providing close contact to Alhambra's client base. Jeff is published nationally at RealClearMarkets, ZeroHedge, Minyanville a...Read More
The climate activists come out with every disaster and blame climate change. The brush fires in Australia were climate change Continue...Read More
House Democrats on Tuesday blocked a GOP bill which would require the Director of National Intelligence to declassify information related to the US government's investigations into the Wuhan Continue...Read More
Those looking for signs of a new housing bubble need look no further than today's existing home sales report which showed that median prices of existing homes in the US soared 24% to a record $363,300.Continue...Read More
Where do coins and bullion products come from? Many folks could correctly answer such a question Continue...Read More
Powell admits that inflation is well above the Fed’s target, but he still considers it transitory. Gold increased in response – only to fall again.Last week, Powell testified before Congress. On the one hand, Powell admitted in a way that inflation had reached a level higher than expected and is above the level accepted by the Fed in the longer run:Inflation has increased notably and w...Read More
Since the origin of the Federal Reserve in 1913 the US dollar has lost ninety-nine percent of its purchasing power.Not coincidentally, but in direct reflection of the dollar’s loss in purchasing power, the price of gold has multiplied one hundred fold from $20.67 oz to $2060 oz as of August 2020. The chart (source) below shows the ever-increasing price of gold over the past century…...Read More
Powell admits that inflation is well above the Fed’s target, but he still considers it transitory. Gold increased in response – only to fall again.Last week, Powell testified before Congress. On the one hand, Powell admitted in a way that inflation had reached a level higher than expected and is above the level accepted by the Fed in the longer run:Inflation has increased notably and w...Read More
Since the origin of the Federal Reserve in 1913 the US dollar has lost ninety-nine percent of its purchasing power.Not coincidentally, but in direct reflection of the dollar’s loss in purchasing power, the price of gold has multiplied one hundred fold from $20.67 oz to $2060 oz as of August 2020. The chart (source) below shows the ever-increasing price of gold over the past century…...Read More
Powell admits that inflation is well above the Fed’s target, but he still considers it transitory. Gold increased in response – only to fall again.Last week, Powell testified before Congress. On the one hand, Powell admitted in a way that inflation had reached a level higher than expected and is above the level accepted by the Fed in the longer run:Inflation has increased notably and w...Read More
Since the origin of the Federal Reserve in 1913 the US dollar has lost ninety-nine percent of its purchasing power.Not coincidentally, but in direct reflection of the dollar’s loss in purchasing power, the price of gold has multiplied one hundred fold from $20.67 oz to $2060 oz as of August 2020. The chart (source) below shows the ever-increasing price of gold over the past century…...Read More
Jack ChanPosted Jul 20, 2021Gold sector as represented by $HUI is on a long-term SELL signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal.Short-term signals can last for days and weeks and are more suitable for traders. Speculation is now in bear market values.COT data suggests overall lower prices. Our ratio is on SELL signal.USD has a con...Read More
Many people have written in about the ongoing audits of the 2020 election, which seem to be spreading from state Continue...Read More
Want to understand why people are fractured into groups and fighting each other? Here's why... When social animals are shocked, physically or metaphorically, they tend to focus on nearby and identifiable (but usually the wrong) targets. The science on this stretches back decades. Whether intentional or not, these tactics are now being applied to us all. After watching this video you will be able t...Read More
The average investor doesn't understand the fundamentals of the markets, and so they buy because the market is going up...and everyone else is doing it. Today's guest says the average investor is blinded by market euphoria. Bert Dohmen, the publisher of the Wellington Letter, says, "There was $8 to $10 trillion of new artificial money being pumped into the system," and now, in the reverse repo mar...Read More
0:00 - Introduction2:20 - Decline of gold mining shares7:09 - Industrial demand vs retail physical demand for silver8:56 - Basel III changes and long-term impact on gold price11:09 - Newfoundland Gold mining14:10 - Royalty companies vs mining companies16:14 - What must happen so gold and silver prices get back to summer 2020 levels20:05 - OutroKnown primarily by his nickname "Turd Ferguson," Craig...Read More
Danielle DiMartino Booth 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 economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
Bitcoin gets skipped over in investors' rush to safe havens.Gold mining stocks have never been a better deal.Fiscal stimulus without monetary stimulus is no longer possible.Bitcoin has a sucker's rally after getting comfortable below $30k.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and...Read More