The US economy added almost 1 million jobs in July, building solid ground for tapering. Meanwhile, the PMs’ sandy foundations crumbled spectacularly.Another blow to gold! July’s nonfarm payrolls came in strong. As the chart below shows, the US labor market added 943,000 jobs last month, following 938,000 additions in June (after an upward revision). More than one-third of all gains occ...Read More
The US economy added almost 1 million jobs in July, building solid ground for tapering. Meanwhile, the PMs’ sandy foundations crumbled spectacularly.Another blow to gold! July’s nonfarm payrolls came in strong. As the chart below shows, the US labor market added 943,000 jobs last month, following 938,000 additions in June (after an upward revision). More than one-third of all gains occ...Read More
On August 15, 1971, President Richard Nixon suspended the convertibility of the U.S. dollar into gold, effectively ending the Bretton Woods Agreement that had been put in place in the mid-1940s, following WWII to stabilize the postwar economy. Host Ed Coyne is joined by Jim Grant, founder and editor of Grant's Interest Rate Observer, to look back at this significant event in monetary history. In t...Read More
Global macro analyst Marc Faber foresees increasing government intervention resulting in inflation, currency debasement, slowing economic growth, financial crisis and loss of freedoms. These concerns are rooted in his prodigious study of failed monetary and political regimes throughout history. Are you worried about the future? If so, I can pretty much guarantee you that no matter how concerned yo...Read More
Markets are edging up... when's the crash? As the largest, most stimulus-fueled financial bubble in history continues to grow, economist Harry Dent explains why the chart of the S&P 500 channel is the one to watch.Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identif...Read More
Don't miss the first episode of our new monthly podcast: The Scoop - digging into the market with Kam Hesari. Kam's first guest in none other than investment guru Jim Rogers.Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two r...Read More
When everything (except infrastructure) is considered "infrastructure," politicians are basically saying that they're going to take your money, and they can make up any excuse that they want to do so. The role of government must be seriously reconsidered. We have deviated extremely far from the American government's original role of protecting individual liberty and keeping the peace.Dr. Ron Paul...Read More
North Korean Defector Yeonmi Park exposes tyranny, China, Communism, and American Socialism. She explains what is really happening in the world, sharing her incredible story.Please Order her book: In Order to Live: A North Korean Girl's Journey to FreedomRead More
Jim Rickards explained in his five links that Australia is in 'double trouble'. I thought we should explore the ideas and arguments he presented a little further. And so, here's our discussion on Australia's future under the spectres of both COVID and China...1. The mandates just won't stop. The goal is 100% vaccination - or isolation.2. After COVID waves come the property eviction waves. More hea...Read More
Gold bugs should never assume that the mainstream investing community actually understands finance.Continue...Read More
Peter Grandich, of Peter Grandich & Company, and the author of "Confessions of a Former Wall Street Whiz Kid." joins us to talk about gold and where could it be heading.Peter Grandich & Company specializes in retirement, business and estate planning, that operates with the slogan that they "enable common people to attain uncommon results." The company was formed by Peter following decades of exper...Read More
Basis health class 101 shows that viruses that can infect animals will never be eradicated.Continue...Read More
The real driver of gold prices right now is the state of the US economy and the outlook for growth and inflation.Continue...Read More
"Those were fat contracts to military industrial complex companies who reaped the profits of waste, fraud, corruption and abuse."Never has there been a more glaringly symbol of government waste and corruptionContinue...Read More
The head of the World Health Organization's origin investigation into COVID-19 has admitted that China basically ordered his team on what to write Continue...Read More
Between 1978 and 1995 estimates suggest as much as 30 million ounces of gold left the Tapaj?s region of Brazil in the pockets and rucksacks belonging to artisanal miners known as garimpeiros. Today, junior gold exploration company, Cabral Gold, is doing all it can to find the source of much of that gold. If successful, Cabral just might become the most successful gold junior operating in northern...Read More
McAlinden Research Partners discusses how a rise in US demand and pressures on top copper producers may spell a rebound for the red metal. Copper prices bounced back through July, following a rise in U.S. demand and diminishing influence of Chinese strategic reserve releases on the overall market. A global copper supply deficit is expected to widen through next year and could be exacerbated by t...Read More
Another day, another decline in juniorminers – and another increase in profits from short positions in them.Shouldn’t we expect a rebound though?Well, no. The rebound already happened inlate July and early August, and what we see now is the trend being resumed.Consequently, even if it wasn’t for all the long-term analogies to the2012-2013 declines in gold and goldstocks (HUI Inde...Read More
Overnight, on Sunday and early Monday, Precious Metals and Oil started a fairly big collapse which quickly bottomed and recovered – at least in the Precious Metals markets. Crude Oil is still moving lower in early trading on Monday, August 9, 2021. Can we learn anything from the pre-COVID market trends and extrapolate any real-world analysis from this?Precious Metals “Mini...Read More
The precious metals futures markets launched shortly after Richard Nixon closed the gold window and removed the last vestige of gold backing from the Federal Reserve Note. Officials introduced paper gold and silver contracts specifically to increase price volatility and discourage physical ownership of metals.After nearly 50 years, it is safe to say their strategy was a success.It is often excruci...Read More