"We're only as strong every community, every county, every state, every American following the guidelines."Continue...Read More
"The recent developments related to COVID-19...has made it increasingly difficult to maintain normal business activities at Macassa and Holt Complex."Continue...Read More
"Social distancing is difficult or perhaps impossible in certain settings such as harvesting, transport (of workers) and housing." Continue...Read More
"Government spending is taxation. Government doesn't create resources, Stuart. They redistribute resources. Whenever the government spends $1 trillion, it takes $1 trillion from workers and producers who otherwise would - so government spending is taxation and as such, government spending will reduce the growth rate of the U.S. and will hurt the economy in bad, bad times."Read More
"You know the old expression about snitches, well in this case snitches get rewards," Garcetti said. "We want to thank you for turning folks in and making sure we are all safe."Continue...Read More
To Watch Update #62, CLICK HEREAnd, right on cue, the finger pointing begins. US authorities are now firing an opening salvo at China, claiming that the county misinformed the rest of the world about the severity of covid-19. And that better information would have spurred other nations to take the threat more seriously. That would perhaps make sense if it weren't such a crock of baloney. Anyone pa...Read More
Some people say these most recent global events are part of a grand conspiracy, and that might well be. Some people say the events represent the struggle between capitalists, communists, and socialists, and that might be, too. But the only way out of this financial storm is to be prepared with financial education.There were so many signals pointing to a pending market crash, and guest Bert Dohmen,...Read More
Is this the end of the American Dream? Or will life return to normal, bouncing back as though nothing has happened? What can the average person do to prevent their wealth being erased? These are the questions that Mike Maloney tackles in today's update, you may be surprised by some of the data and evidence that he provides for his case.Michael Maloney is a precious metals investment expert and his...Read More
Mr. Rickards joins WindRock to discuss:- Why the current financial situation is unlike the 2008 financial crisis;- What impact the recently passed CARES Act will or will not have on the economy and various investments;- How far equities may still fall despite their recent rally; and- Which asset classes investors should consider to shield themselves from economic and financial calamity.Jim Rickard...Read More
During this 40+ minute interview, Jason asks Grant if things over the last month behind the scenes were worse than the 2008 financial crisis? Grant thinks that things were a lot worse than 2008 but that the Fed rolled out a lot more bailout programs that are larger in size than in 2008 and also rolled out the bailout programs considerably faster than in 2008. Grant thinks that the Fed is so desper...Read More
http://financialrepressionauthority.c...Yra Harris is a trader with over 32 years of experience in all areas of commodity trading, with broad expertise in cash currency markets. He has a proven track record of successful trading through combination of technical work and fundamental analysis of global trends; historically based analysis on global hot money flows. He is recognized by peers as an aut...Read More
"Most people haven't priced in the uncertainty surrounding the duration and severity of the shock, how long it will take to get the money that's being pushed out by policies into the hands of businesses, how tricky the restart is, and finally, the post-crisis landscape.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co...Read More
I think the stock market has to go lower for the month of April, and then I think we start to find our legs probably in the summer. . . .We have to get through this lock down, and the news is going to be the likes of which none of us have ever seen before-bad, horrific, rancid . . . It will be the worst economic data ever reported. . . . You are going to see GDP plunge at a 35% annualized rate. Th...Read More
Despite Trump's constant assertions that "nobody saw this coming," the fact is that the U.S. military was expecting a coronavirus pandemic for years.Continue...Read More
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, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Who owns all this soon-to-default emerging market debt? And the answer is, as usual, lots of different people. So when EM debt defaults, pretty much everyone feels the pain. Though it's not clear whether Continue...Read More
TOPICS IN THIS INTERVIEW:02:15 Economy is extremely fragile dependent on the mother of all bailouts.04:25 What does money printing and productivity do to an economy?06:35 Jim is buying gold and silver in 2020...10:10 Jim shares his thoughts on the US dollar in this environment.12:05 It is time for a bear market in U.S. stocks...15:25 Coronavirus impact on the Chinese economy...Jim Rogers co-founde...Read More
While the federal government wants to distribute loans quickly, logistical hurdles - such as a lack of staff to vet mountains of applications - will be hard to overcome.Continue...Read More
Scientists closely studying the pandemic seem to be leaning toward a long-term, multilayered approach-including repeated periods of social distancing. Continue...Read More
Peter Hotez, M.D., Ph.D. is Dean of the National School of Tropical Medicine and Professor of Pediatrics and Molecular Virology & Microbiology at Baylor College of Medicine where he is also the Director of the Texas Children's Center for Vaccine Development (CVD) and Texas Children's Hospital Endowed Chair of Tropical Pediatrics.Read More