The world is awash in debt, an immense, unfathomable ocean of financial obligations. The stack of IOUs is so enormous, the balances so large, they will never be fully settled without dreadful consequences to the global economy. This tsunami of debt was unleashed in 1971, when Nixon ended the backing of the US dollar with gold.Since 1971, US debt and gold price have increased greatly. Traditionally...Read More
If you were not paying attention, Platinum began to rally much higher over the past 3+ days – initiating a new breakout rally and pushing well above the $1250 level. What you may not have noticed with this breakout move is that commodities are hot – and inflation is starting to heat up. What does that mean for investors/traders?Daily Platinum Chart Shows Clear Breakout Tren...Read More
Tesla has supported the price of Bitcoin, but it can affect gold as well.The bull market in cryptocurrencies continues. As you can see in the chart below, the price of Bitcoin has recently increased to almost $47,000 (as of February 10). The parabolic rise seems to be disturbing, as such quick rallies often end abruptly. However, it’s worth noting that the price of Bitcoin has partially jump...Read More
The average energy investor is by now well aware of the sector's monumental shift from fossil fuels to renewable energy. Coal-powered power plants have been shuttering at an alarming clip as the price of electricity from natural gas and renewables undercuts them while wind and solar generation continue to gain the ascendancy.But nowhere has this change been as dramatic as the transport industry, w...Read More
The world is awash in debt, an immense, unfathomable ocean of financial obligations. The stack of IOUs is so enormous, the balances so large, they will never be fully settled without dreadful consequences to the global economy. This tsunami of debt was unleashed in 1971, when Nixon ended the backing of the US dollar with gold.Since 1971, US debt and gold price have increased greatly. Traditionally...Read More
If you were not paying attention, Platinum began to rally much higher over the past 3+ days – initiating a new breakout rally and pushing well above the $1250 level. What you may not have noticed with this breakout move is that commodities are hot – and inflation is starting to heat up. What does that mean for investors/traders?Daily Platinum Chart Shows Clear Breakout Tren...Read More
Jim Rickards speaks to chief editor of The Daily Reckoning Australia, Shae Russell about his new best selling book - The New Great Depression. He provides an overview of what the book is about and goes on to discuss the extensive research behind the book. Jim also talks about the specific points he covers within his new book. Such as the origins of the virus, the policies taken by governments to t...Read More
Following the GameStop and silver squeeze frenzy, many investors are left with bated breath, wondering if and when the short squeeze crowd will strike again. Daniela Cambone speaks with Tom Thornton, founder of Hedge Fund Telemetry about the likelihood of another Wall Street shakedown.Read More
We have two global problems. The potential bankruptcy, in fact, almost certain bankruptcy of the Eurozone and the ending of the Euro. And at the same time, in America with dollars being printed to create a wealth effect, when that bubble pops the dollar will similarly have virtually no future and probably wipe it out. And, I'm talking about the very near future, because I don't think it's going to...Read More
Frankly, we've had it with the constant stream of lies from Robinhood and neverending bullsh*t from the company's CEO, Vlad Tenev.Continue...Read More
Less than a week ago in 'Houston, we have a Problem": 85% of Continue...Read More
LONDON, 14 February 2021 - The record numbers of new investors coming to BullionVault today headlines a report on gold in the Mail on Sunday, the UK's best-selling Sunday paper on available data.Quoting data and comment from BullionVault, the Mail's personal finance editor, Jeff Prestridge, says that "Although recently overshadowed by the soaring price of Bitcoin, gold continues to attract strong...Read More
Adam HamiltonArchivesFeb 12, 2020 With demand soaring for high-potential trades, newer speculators and investors shouldn't overlook the gold miners' stocks. For decades contrarians have used this volatile sector's big swings to multiply their capital. Gold-stock uplegs yield massive gains, which are realized near toppings to weather subsequent corrections in cash. Timing entries and exits to ride...Read More
Peter Krauth, editor of Gold Resource Investor, explains why corporate America is beginning to see gold as a necessary reserve asset. Yellen is Treasury Secretary. Powell is Fed Chair. And Sanders is head of the Senate Budget Committee. Most of the time, it's impossible to tell the future. But there are exceptions. Right now, there's no room left to read between the lines. The goals, and outcome,...Read More
John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a freq...Read More
This is a "stunning admission" from the US government and the documents reveal that some of the retrieved debris possesses "extraordinary capabilities" Continue...Read More
The Senate acquitted former President Donald Trump a second timeContinue...Read More
"It is imperative that this report be independent, with expert findings free from intervention or alteration by the Chinese government," Sullivan said.Continue...Read More
"There's no question, none, that President Trump is practically and morally responsible for provoking the events of the day. No question about it. The people that stormed this building believed they were acting on Continue...Read More
Silver in London's underground vaults is running low.Derivative powers that be are on full defense.Continue...Read More