Back in September, economist Harry Dent predicted that 2020 would bring a huge market crash. Now, he says, the coronavirus proved to be the perfect "trigger" to bring America's unstable financial system to its knees. Dent advises Americans to sell non-strategic real estate immediately and to sell all stocks. He says unemployment will reach close to numbers seen during the peak of the Great Depress...Read More
Max interviews Steven McClurg of Exponential Capital about the 'no limits' to the Fed's money printing to fight the 'deflationary trap.' They also note that central banks cannot print agricultural products or supply chains and what the future holds if distribution networks are not back up and running to full capacity soon. Max Keiser is an American broadcaster and film-maker. He hosts Keiser Repor...Read More
"How do you have the authority to order something that so clearly contravenes the Bill of Rights of the United States - the U.S. Constitution - where do you get the authority to do that?"Continue...Read More
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an intern...Read More
Bullion investors shouldn't expect to see a drop in premiums anytime soon as the supply crunch for gold and silver coins continues to grow, this according to Peter Hug, global trading director for Kitco Metals. However, in some good news for investors, Hug said that investors holding bullion have a little more selling power, in the current environment. "Dealers will pay up for physical material so...Read More
This is so irrational that it is hard to even speculate. From working with governments for over 40 years, I have come to understand that no politician will ever act for the future. Their incentive isContinue...Read More
"Harvard University will receive nearly $9 million in aid from the federal government through the Coronavirus Aid, Relief, and Economic Security Act, the Department of Education announced last week."Continue...Read More
However, what is most disturbing is that in the last four weeks, more Americans have filed for unemployment than jobs gained during the last decade since the end of the Great Recession... Continue...Read More
"This single facility represents just over one-third of Canada's total processing capability, so the impacts to the Canadian beef industry are expected to be immediate and drastic."Continue...Read More
This article explains the dynamics behind the current crisis in precious metal derivatives, and why it is the observable part of a wider Continue...Read More
In the midst of the ongoing fractures in the paper gold markets that have triggered bullion bank panic from London to New York, forcing Continue...Read More
James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depression: 1921: The Crash That Cured Itself. Grant's television appearances include "60 Minutes," "The Charlie Rose Show," Bloomberg TV, CNBC and other well-known financial news sources. His j...Read More
*Editor's Note: The original interview was removed from Gerald's YouTube channel due to audio issues, but I was able to find the interview re-uploaded to a third-party YouTube channel. As soon as Gerald re-posts the interview to his channel I will update his original interview here immediately. Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear...Read More
The NY Times and other left-wing media outlets have been pushing a conspiracy theory about Trump...Read More
Chinese officials have been claiming the coronavirus epidemic is under control in China. But many cities are going back under lockdown suggesting a second wave of outbreaks.Why does the world know so little about the virus until it's too late? An internal document issued by the Chinese regime, known as Document No. 3 seems to explain."China in Focus" is a new Youtube channel created by NTD to prov...Read More
Good news for all you fitness fanatics out there, your local gym may soon be open. Gyms will be allowed to open "if they adhere to strict physical distancing and sanitation protocols," the plan says.Continue...Read More
Innovative New Gold Forgery and FraudGold forgeries and frauds are nothing new. Consider how back in the ancient world over 2,000 years ago one of the earliest scientists Archimedes was called on to investigate and uncover what turned out to be a gold crown fraud in the Kingdom of Syracuse, Sicily. The difference today is that gold fraud is sometimes more sophisticated and utilizes newer technolo...Read More
To Watch Update #48, CLICK HEREThe lockdowns predicted in yesterday's video update are already starting to happen. Italy, Spain, New Zealand, Northern Ireland, Israel and a growing number of countries are locking down their borders and tightening restrictions on movement. More and more US states & cities are banning public gatherings and forcing closure of non-essential businesses. Rumors of a com...Read More
While the markets continue to slide and gold/silver have been especially hard hit, we may be close to a bottom, at least that's Nick Santiago's take. John and I have been talking about this eventuality for years now. I was almost ready to change the name of my website and podcast, for fear of becoming less relevant. But all that's changed. Preventive prepping can save you great angst if done prope...Read More
Mohamed El-Erian, chief economic advisor at Allianz, joins "Squawk Box" by phone to discuss the markets and the recent action from the Fed to lower interest rates to zero.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond fu...Read More