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 record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has served as a p...Read More
Worse than expected inflation report furthers transitory fantasy.Fed failing its mandates.IRS abates my excessive $1.4M penalty.US using Covid to keep citizens from getting passports.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He freq...Read More
The US media constantly depicts complex relations between countries as some adolescent competition about which President can be more macho and stare down the other one, like 12-year-olds playing a staring game.Continue...Read More
The Fed's destructive money-pumping has many victims, but chief among these is the Wall Street financial narrative itself.Continue...Read More
Is inflation "only transitory?" Is the May 2021 inflation numbers the peak for inflation? Consumer prices jump 5% in May, fastest pace since the summer of 2008 https://www.cnbc.com/2021/06/10/cpi-m...Shadow Stats 1980 CPI Inflation formula says 13% inflation (Updated June 10 2021): http://www.shadowstats.com/alternate_...Tavi Costa Tweet from June 10th, 2021 with chart of US base money supply goin...Read More
Today, only a tiny fraction of the U.S. population owns gold. Heck, I'd bet most Americans have never even seen a gold coin, much less appreciate its value.Continue...Read More
Jun 15, 2021 Guest(s): Alex Mashinsky CEO, Celsius Network At a recent Senate Banking Committee hearing, Senator Elizabeth Warren (Dem., Massachusetts) said that "cryptocurrencies have created opportunities to scam investors, assist criminals, and worsen the climate crisis."Alex Mashinksy, CEO of Celsius Network (https://twitter.com/Mashinsky) discusses with Michelle Makori, editor-in-chief of K...Read More
Since the word inflation is so loaded, let’s use the more neutral (and more accurate) term, decline in purchasing power: an hour of your labor buys fewer goods and services of lesser quality than it did a decade ago or a generation ago.While the conventional discussion focuses on monetary inflation, i.e. expansion of money supply, the real rip-your-face-off sources have nothing to do with mo...Read More
Inflation just took a massive spike higher. Just-released data shows core inflation has suddenly soared to levels not seen since the early 1990s. High inflation is a wealth killer. Draining the purchasing power of your income and savings, while crushing you under a rising cost of living. How worried should you be about it now? To answer that, we brought in an expert: a former advisor to the Federa...Read More
New York Times best-selling author Doug Casey speaks up about the dire state of the economy. "There is only one guarantee, and that is utter financial chaos," he tells our Daniela Cambone in this candid conversation.Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and ch...Read More
Question 1: 0:46I am losing confidence in the markets & struggling to influence my family to get out of the system now. What is the best way you were able to get your family on your side?Question 2: 4:06When can we expect the real estate market to slow down for investment?Question 3: 6:16If we switch to a true digital currency why would we need the Fed or treasury?Question 4: 8:30Does it matter if...Read More
Our guest this week is Paul Wong, market strategist at Sprott, Inc. In this podcast, Paul discusses "transitory" inflation, commodities and what he expects from the FOMC next week.Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.Read More
The World Economic Forum is the International Organization for Public-Private Cooperation.The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas.David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of...Read More
The governments are allowing the cryptocurrencies to pop up to get people confidence in them, and then they will confiscate all cryptocurrencies and swap them out for the new improvised government crypto.Continue...Read More
Alone among the 50 states Arizona is conducting an audit of the 2020 election. The majority Republican state senate is the impetus Continue...Read More
The second half of the year could be the setup for the next leg higher in precious metals, which I anticipate could be a href="https://thedailygold.com/time-for-consolidation-and-lower-volatility/" rel="noopener" target="_blank">Continue...Read More
Chris Vermeulen highlights a chart of the gold price breaking its downtrend line in 6 different currencies. Continue...Read More
After decades of concerted effort by governments and central banks, the focus away from gold as money has led to its characterization as an investment, a hedge, insurance, etc. Some still refer to it as a barbarous relic. Are any of these descriptions valid? GOLD AS INSURANCEThere is a seemingly plausible argument for calling gold a hedge or insurance given volatile conditions in our society...Read More
Excerpted from Elliott Wave International's new FREE report "Gold Investor's Survival Guide: 5 Principles That Help You Stay Ahead of Price Turns."There is a glaring hole in the popular understanding of what drives gold's price.Mainstream finance believes the Federal Reserve's monetary and interest rate policies shape the trend.That sounds like a solid explanation... except, the Fed officials them...Read More
In the currentenvironment of rising inflation and easy monetary policies, the value of goldcould potentially go sharply higher from recent levels.Unlike many traders outthere, the successful gold investor has learned to “see the forest through thetrees.”Put simply, goldinvestors understand that the shiny yellow metal is not likely to go straightup in price. It can, however, be expected...Read More