In this Wall Street View, our host caught up with Rick Rule, President and CEO Sprott U.S. Holdings Inc. to discuss the 2020 March sell-off, what he's doing in a bear market and what to expect for the next couple months. Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializin...Read More
Calling the world's governments unprepared for Covid-19 is to laughably understate the case. They apparently hadn't even considered the possibility of a pandemic shutting down the global economy, and had Continue...Read More
WOW! $1.5 TRILLON released to banks!! We have just seen the END OF THE FED as the "Faith and Confidence" in their ability to run a SANE Global Monetary System has just been thrown out the window! Roota was right all along!Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at...Read More
Part 1 (part 2 below)Part 2Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook)....Read More
This intense downtrend has now cut as deep as $4,800 as of Thursday evening and has put BTC at jeopardy of seeing a movement down to its post-2017 crash lows of $3,300.Continue...Read More
"These changes are being made to address highly unusual disruptions in Treasury financing markets associated with the coronavirus outbreak. Reserve management purchases into the"Continue...Read More
Mohamed El-Erian, chief economic advisor at Allianz, joins "Squawk Box" by phone to discuss the market and economic turmoil stemming from the coronavirus outbreak.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 funds in t...Read More
As the coronavirus spreads fear, sickness, and death, a specter haunts investors - the specter of deflation.Continue...Read More
"This is not a problem we can test our way out of."Continue...Read More
Does it get worse before it get's better? Nenner says, "I think we are heading for a depression. Usually we go into a recession at a 6% GDP. Now, we have 1.5% to 2% GDP. Usually, the Fed Funds are 6%, 7% or 8%. Now they are almost zero. What are they going to do when we get a recession? You get very fast a negative GDP. You get very fast a negative interest rate and it's a big mess. This has been...Read More
"In an abundance of caution and in the best interest of our guests and employees, we are proceeding with the closure of our theme parks at Walt Disney World Resort in Florida and Disneyland Paris Resort, beginning at Continue...Read More
Jim Rogers gives some ideas about how we might best prepare for a system reset.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 Wo...Read More
Precious metals expert and financial writer David Morgan says silver is still 65% off its all-time high and is a much better value than gold. Morgan points out, "Relative to all asset classes, I can't think of one that is more undervalued than silver. If you look at every asset in the metals world, meaning base metals . . . anything to do with the periodic chart, every one of them has obtained a h...Read More
Gold and silver will both eventually move much higher, but in the short-term, metals will follow their trajectory, meaning gold will move higher and silver will lag, this according to Todd "Bubba" Horwitz of BubbaTrading.com."Right now, silver is in a short-term downtrend...both gold and silver spiked to highs and since then, they've both come down. The difference is gold found some support around...Read More
David Morgan says the time is right, the metals have moved and are ready to move higher. Look at how palladium and rhodium have taken off. Will gold, silver and platinum follow suit. Of course they're different metals with different markets and users. However, they've been in tight supply and demand has been increasing. Once you've got your core position in physical, then it's on to the mining sto...Read More
The market appears convinced that Sanders will get the Dem nomination and lose in November.Continue...Read More
"I'm working on legislation that would do just this: plant 1 trillion trees by 2050, with the goal of sequestering carbon and incentivizing the use of wood products." Continue...Read More
SBTV spoke with Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors, about the global depression that would have set in because of the 2019 repo market liquidity crisis and how 2020 will continue to be marked by money printing by the Fed to drive economic prosperity.Discussed in this interview:06:23 'Not-QE' to continue in 2020?07:34 Where interest rates are headed?09:18 Repo m...Read More
Peter Schiff speaks at The Money Show in Orlando on February 6, 2020.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 frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, inc...Read More
To Watch Update #19, CLICK HEREThe coronavirus continues its spread through China and surrounding Asian countries. The data increasingly show that this virus is wickedly contagious, especially in crowded environments where population density is high - like the densely-packed buildings in cities. As a frightening example: in Japan, a health worker was infected while inspecting a quarantined cruise...Read More