Richard (Rick) Mills, Ahead of the herdThe US economy is nowhere near recovering from the lockdown measures imposed by cities and states during the covid-19 pandemic, and that is weighing on the US dollar, which has fallen sharply since March. The beneficiary, as expected, has been gold (and silver), which normally moves in the opposite direction as the greenback. Year to date, spot gold has ri...Read More
[A friend who made his fortune in the laundry business has enjoyed enviable returns on his nest egg by staying fully invested in stocks. The following is a personal letter from his financial advisor telling him why, even after the stock market's spectacular rally since late March, he should stay in equities. The advisor's list of pros and cons nicely sums up the thinking of many of advisors with...Read More
Data ProblemsPermanent LossesJob OpeningsSticky ProblemsWargaming with Uncle DougYou Need to Have a Plan B, C, D, and...A World I Don't RecognizeWork has always been a fact of life. Paycheck-producing jobs are actually a recent development. Until the Industrial Revolution, most people lived on subsistence agriculture, sustaining themselves with whatever they could produce or working as slaves/se...Read More
Export prices for steel billet from the Commonwealth of Independent States (CIS) continued to rise over the week to Monday July 13, supported by a fresh sale and a positive mood in China.A cargo of Ukraine-origin wire rod-quality billet was reported sold to the Mediterranean Sea basin at $373 per tonne fob Black Sea late last week, Fastmarkets has learnt.The price for wire rod-quality material is...Read More
The export price for CIS-origin steel slab surged in the week to Monday July 13 with customers in Europe accepting higher prices in their latest bookings. In addition, Chinese buyers also showed a readiness to pay higher prices amid stronger demand.Offers of CIS-origin slab were heard in Turkey and Europe within the range of $395-400 per tonne cfr last week, although some mills reported even highe...Read More
For Part 1 of this interview, CLICK HEREThe recent gold price rally may have gone "too far, too fast," said Rick Rule, president of Sprott U.S. "I think [gold] might be, in the near-term, overpriced. The truth is that gold bull markets, historically, have been extraordinarily volatile. It wouldn't surprise me to see gold go to $1,900, it wouldn't surprise me to see it go to $1,650," Rule told Kitc...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
Federal Reserve Chair Jerome Powell and San Francisco Fed President Mary Daly both recently denied that the Federal Reserve's policies create economic inequality. Unfortunately for Powell, Daly, and other Fed promoters, a cursory look at the Fed's operations shows that the central bank is the leading cause of economic inequality.The Federal Reserve manipulates the money supply by buying and sellin...Read More
David H. Smith is senior analyst for The Morgan Report, and a ghostwriter. Smith has visited and written about properties in Argentina, Chile, Mexico, Bolivia, China, Canada and the U.S. He is an investment conference/workshop presenter at gatherings in Canada and the U.S. He is co-author, along with David Morgan, of Second Chance: How to Make and Keep Big Money from the Coming Gold and Silver S...Read More
The leftists who control most of the media are hard at work making sure U.S. citizens don't learn the truth about their candidates.Continue...Read More
The mother of a 3-year-old boy was shot dead in an ambush over the 4th of July weekend after telling a group of Black Lives Matter supporters that 'all lives matter.'Continue...Read More
We're looking at disinflation and deflation for now, despite all the money creation we're seeing now.But that doesn't mean inflation is dead. Not at all. The inflation will arrive, just not yet...Continue...Read More
We can all be very confident that there will be no change to monetary policy for a very, very long time. But there is a fiscal cliff coming-and indeed has already begun.Continue...Read More
The press will NOT report what EVERY doctor I have spoken to has said - this is exaggerated and the tests are so inaccurate they are misleading.Continue...Read More
Based upon reliable sources, the agenda is to bankrupt as much of the economy as possible to take it over via nationalization which is their Great Reset to reconstruct the economy in only their vision. Continue...Read More
There are so many bricks to choose from in the JPMorgan Chase wall of outrage that it's hard to know how to prioritize them. But we'll give it a shot.Continue...Read More
Our financial overloads took the budget deficit in June to a record $864 billion as they borrowed and printed huge sums of money to try to stave off a depression.Continue...Read More
"COVID-19 is a complex, multisystem disease which can have profound effects on many parts of the body, including the heart."Continue...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