After superb and for many gold miners record breaking Q2 earnings numbers (remember that Q2 2020 ended before gold prices went over $2k an oz), many gold miners are now hiking dividends. The gold mining sector is the only sector where margins have expanded rapidly, free cash flow has increased a lot and there is big dividend hikes. Jason Burack is an investor, entrepreneur, financial historian, Au...Read More
Jordan Roy-Byrne shares some of his recent research on how the corrections during the last bull market in gold, over a decade ago, compare to the price action in gold over the past 4 days. We do the same for gold stocks broadly early on in the bull market.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheD...Read More
Gold prices saw their worst daily drop since 2013 on Tuesday. This sharp pullback was due to profit taking and did not detract from the long-term bullish picture, said Gary Wagner, editor of TheGoldForecast.com."Personally, I do not believe it's the end of a bull rally. We have entered some sort of a correction. The question I'm asking myself and the technical studies I'm looking at for the answer...Read More
"The combined effects of a challenging retail environment coupled with the impact of the Coronavirus pandemic have caused significant financial distress on our business." Continue...Read More
The "Buffett Indicator" is simply the total market cap of all U.S. stocks relative to the country's GDP.Continue...Read More
For the first time in over 50 years, gold is returning to its rightful place at the center of the international monetary system.Continue...Read More
The Democrats have tried to catch up, but for now the Republicans maintain the edge, and this will work to Trump's advantage in closely contested swing states such as Michigan, Pennsylvania and Wisconsin.Continue...Read More
Dr. Harvey Risch is Professor of Epidemiology in the Department of Epidemiology and Public Health at the Yale School of Public Health and Yale School of Medicine. Continue...Read More
By now you've all heard the news. Joe Biden, the Democrats' presumptive nominee for president, has selected as his running mate Kamala Harris, junior senator from California and the state's former attorney general.Continue...Read More
"Every Marxist movement in history has used fear as its greatest weapon. A lot of these people giving to BLM are afraid. They don't want to be attacked by the mob. So, they say let's just accept the mob, support the mob, contribute to the mob, and then the mob will leave us alone. As always happens with movements like this, fear is their biggest weapon and their biggest tool even against corporati...Read More
Viewer questions:00:53 Julie Le: Our neighbors to the north were always able to buy gold when FDR made gold illegal. Since they are so close to us could the American people back then not of taken advantage of that?02:10 Amy Anna: What do you think of 1-ounce silver Britannia? What types of things and how much will you be able to buy with a 1-ounce Britannia? That's the smallest coin I could find a...Read More
For years it appeared as if most of the big-name investment banks didn't even know how to spell gold. And certainly they were not recommending it to their clients and friends. But this week, even notorious investment bank Goldman Sachs increased its gold target to $2,000 per ounce. Which makes you wonder if the case for gold has just become too obvious for the mainstream to ignore anymore. Fortuna...Read More
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More
"When you're in a hospital, especially ... I think it's a great thing to wear a mask."Continue...Read More
An Italian study tracking discharged coronavirus patients revealed that nearly 90% of 143 people tracked still have symptoms two months after falling ill, according to the Daily Mail.Continue...Read More
Florida on Sunday reported the biggest single-day increase in positive coronavirus cases in any one state since the beginning of the pandemic.Continue...Read More
Jason Burack of Wall St for Main St interviewed returning guest, former professional Wall Street equity options trader and Wharton MBA graduate, Chris Marcus of Arcadia Economics https://arcadiaeconomics.com/, to talk about gold and silver markets and also his new book about the silver market that just came out. During this 40+ minute interview Chris talks about the astounding number of paper clai...Read More
f you stop and really think about what all of this means, it will chill you to the core.It means that COVID-19 is never going away.Continue...Read More
Trying to assess the potential for a correction in precious metals (and in miners especially) is quite tricky, given the current context.Continue...Read More
At the rate the Federal Reserve is printing money, it won't surprise anyone when the dollar eventually crumbles. Max Keiser is taking a pro-active stance on making fiat worthless. Hand him a twenty and see what happens.It's been a couple of years since we first spoke with the co-host of The Keiser Report so we thought it was a good time to catch up and get his current thoughts on life, the Univers...Read More