Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Fox News, Released on 4/28/23'Our budget prioritizes nation-leading climate action that meets this moment,' Democratic Gov Hochul saidContinue... New York moves to become first state banning natural gas hookups added by Herman James on 04/29/2023View all posts by Herman James ?+'Read More
Armstrong Economics, Released on 4/28/23Since the media is shining a light on Trump's affair, it is only fair to point out similar actions taken by those on the Continue... Armstrong: Kamala's Affair - Sleeping Her Way to The Top added by Herman James on 04/29/2023View all posts by Herman James ?+'Read More
Pento Portfolio Strategies, Released on 4/28/23If the Fed didn't guarantee banks' assets with the BTFP after the collapse of Signature Bank and Silicon Valley Continue... Michael Pento: QE-Light Forestalls Crisis...For Now added by Herman James on 04/29/2023View all posts by Herman James ?+'Read More
King World News, Released on 4/29/23Alasdair Macleod discuss the key for the next Continue... Alasdair Macleod: Gold Is Challenging All-Time Highs But Here Is The Key added by Herman James on 04/29/2023View all posts by Herman James ?+'Read More
Mauldin Economics, Released on 4/28/23The Fourth Turning-brings huge, fundamental change-not just economic but social and political change. Continue... John Mauldin: Pivot to the Fourth Turning added by Herman James on 04/29/2023View all posts by Herman James ?+'Read More
Genevieve Roch-Decter, CFA - Twitter, Released on 4/27/23Credit Card debt in the U.S about to pass $1 TRILLION.Average interest rate on that debt is 24.24%.Probably nothing. pic.twitter.com/H7Te3SWw3b- Genevieve Roch-Decter, CFA (@GRDecter) April 27, 2023 This is a scary chart... added by Herman James on 04/29/2023View all posts by Herman James ?+'Read More
CNBC, Released on 4/28/23Sources told CNBC's David Faber that the most likely outcome for the troubled bank is for the Federal Deposit Insurance Corporation to take it Continue... FDIC preparing to seize First Republic Bank added by Herman James on 04/29/2023View all posts by Herman James ?+'Read More
The Epoch Times (via Zero Hedge), Released on 4/28/23"According to our analysis, no additional effect was gained from mandating masks, based on comparisons between the cities and between the age groups of the unvaccinated children (10-12 years versus 7-9 years)," the study said.Continue... STUDY: Masks Had No Effect On COVID Cases Among Children added by Herman James on 04/29/2023View all posts by...Read More
Remix News (via Zero Hedge), Released on 4/28/23"We simply don't have the ammunition. Our industry isn't ready to send the equipment to Ukraine and to maintain our own dwindling reserves," he said.Continue... "We Simply Don't Have The Ammo" - Polish General Says Can No Longer Supply Ukraine, Warns Russia Has Resources To Continue War added by Herman James on 04/29/2023View all posts by Herman Jame...Read More
Benzinga (via Yahoo), Released on 4/28/23The recent collapse of Silicon Valley Bank (SVB) has sent shockwaves through the financial world.Continue... Why SVB's Collapse May Make Gold The Best Asset Class This Year added by Herman James on 04/28/2023View all posts by Herman James ?+'Read More
While the 2011 analog paints anoptimistic portrait for gold, silver and mining stocks, a re-enactment of thelast debacle is unlikely to unfold this time around. Back then, gold soaredamid the debtceiling chaos, while the USD Index was a major casualty. And whileit’s possible lawmakers could ignite a similar event, most learn from theirpast mistakes.For example, while bloated stockvaluat...Read More
April had started with gold at $1,990,then gold moved as high as $2,063.40, and yesterday, it closed at $1,999. Atthe moment of writing these words, gold futures (because that’s what you see onthe above chart) are trading at $1,993. Monthly Reversal CandlestickThis means that gold formed a hugemonthly reversal candlestick. Since the opening and closing (assuming that thecurrent price will be...Read More
Mark Moss, Released on 4/30/23Will the U.S ban energy and gold, again? In this fascinating conversation with Doomberg, we discuss how the United States and the developed world seems to be banning oil, natural gas, gas combustion vehicles, gold, Bitcoin, crypto, and anything else that gets in the way of what their political ideology says! So Doomberg and I get into the energy markets, what's going...Read More
Liberty and Finance, Released on 4/29/23First Republic will likely be gone by Monday. Someone will take the hit for the tens of billions of dollars uninsured in the bank, says Marine, naval aviator, and financial author Bob Moriarty. And the collapse of the bank could create contagion that puts the $500 trillion derivative bubble at stake, he says. 0:00 Intro1:00 First Republic collapse14:40 Conta...Read More
Wealthion, Released on 4/29/23Portfolio manager Lance Roberts and Wealthion host Adam Taggart discuss the persisting sell signals Lance's models are showing & whether this week's rally in Tech stocks like Microsoft, Meta, Google, Amazon and Apple will soon reverse them. They also discuss the latest inflation, GDP and jobs data & debate whether a recession is indeed baked in or not.Lance Roberts ha...Read More
Daniel Lacalle, Released on 4/29/23Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from the Central Bank Trap (2017). He is a professor of global economy at IE Business School in Madrid and Chief Economist at Tressis SV. Ranked as one of the top twenty most influential economists in the world in 2016 and 2017 by Richto...Read More
Kitco, Released on 4/28/23Turkey has seen a surge in gold demand in the past year as citizens embraced the precious metal as a hedge against inflation, which ran at a pace of over 85% at one point last year, and local currency devaluation.Continue... People in Turkey are fleeing into gold to avoid being wiped out by hyperinflation added by Herman James on 04/30/2023View all posts by Herman James ?...Read More
Zero Hedge, Released on 4/30/23Although the practice of gold mining has been around for thousands of years, it's estimated that roughly 86% of Continue... 200 Years Of Global Gold Production, By Country added by Herman James on 04/30/2023View all posts by Herman James ?+'Read More
While callingthe top is a process that plays out over time, silver’smomentum has fizzled, and the next major move should be to the downside. Toexplain, we wrote on Apr. 21: Theblue line above shows how silver often peaks in mid-to-late April, withsubstantial weakness following until the end of June. In a nutshell: May and June are when the white metal hassuffered its worst his...Read More
(IDEX Online) - Four jobless diamond polishers in Surat have taken their own lives within 10 days, as a global drop in demand forces factory owners to lay off staff.Three men and a woman committed suicide due to financial stress, according to a report in The Blunt Times, a news portal covering Surat and south Gujarat.The Diamond Workers' Union Gujarat (DWUG) says workers are being laid off, w...Read More