MMX President Stefan Gleason: Why You Need REAL MONEY Like Never Before and How to Avoid One HUGE Mistake... Don't want to listen? Read the podcast below!Stefan Gleason, Money Metals ExchangeWelcome to this week's Market Wrap Podcast, I'm Mike Gleason.Coming up we'll hear an interview with Money Metals president Stefan Gleason, who was a featured guest during the recent 360 Gold Summit. Stefan...Read More
Gold miners' stocks rocketed out of mid-March's stock panic, breaking out to major new bull-market highs in mid-May. Such blisteringly-fast gains, and gold stocks' upleg stalling out since, have left many traders nervous about this sector. Calls for a serious selloff are mounting. But arguing in favor for more near-term gains to come, gold stocks never grew overvalued in this post-panic...Read More
In accepting the Democratic nomination for the presidency on July 2, 1932, President Franklin D. Roosevelt spoke of a "new deal for the American people" who had been ravaged by the Great Depression. After winning the 1932 election by a landslide, FDR, as he came to be known during World War II, took immediate action to bring about economic relief to the unemployed through public works programs,...Read More
*"I confused D.C with Puerto Rico when I discussed the number of Representative it would have if it became a state. It would only have one Representative. It's Puerto Rico that would have five."Topics:As I predicted, US stock market continued to be under pressure throughout the week.Financial stocks lead lower by Goldman Sachs.Companies that can't make money need to go out of business.Betting odds...Read More
"A depression was already baked in because we didn't attempt to control or limit any of these extremes that create systemic fragility."http://financialrepressionauthority.c...Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginni...Read More
Co-Founding Editor of The Intercept Glenn Greenwald discusses developments in the indictment against Wikileak's founder Julian Assange.Read More
Since the appearance of the bearish island reversal we noted two weeks ago, stocks have struggled and so far failed to regain the highs reached earlier in June. And another bearish island reversal happened on Tuesday. The resistance displayed by these reversals and the resulting choppiness of trading are exactly the sort of indicators we would expect to see as harbingers of an approaching downturn...Read More
As markets spent the past month "oblivious to the economic reality" by recovering from their precipitous falls, the clear winner was the 'safe haven', gold.David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing...Read More
The European Union will ban most Americans from traveling into the 27 nation bloc, along with Russia and dozens of other countries considered too risky.Continue...Read More
On Friday, Broderick was fired for plagiarism after BuzzFeed's new editor-in-chief, Mark Schoofs, published "A Note To Our Readers" detailing eleven instances whereContinue...Read More
If we can't stop the massive deficits and rampant currency creation, we might as well embrace the resulting stagflation and keep stacking.Continue...Read More
Continue...Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist. Read More
Despite Vice President Mike Pence declaring that "Fatalities are declining all across the country," some scientists are concerned that the fatality rate will drastically increase in the coming weeks. Continue...Read More
"We thought this was only a respiratory virus. Turns out, it goes after the pancreas. It goes after the heart. It goes after the liver, the brain, the kidney and other organs. Continue...Read More
Chinese officials expressed "strong dissatisfaction" with U.S. sanctions over a new national security bill on Hong Kong, warning the U.S. not to cross "red lines" nor meddle in what China considersContinue...Read More
The $10 Federal Reserve Note today would only buy a little more than a half-ounce of silver. However, back in 1934, a $10 Silver Certificate Continue...Read More
Gold surged on Mondayafter a spike in coronavirus cases worldwide dashed hopes of a quick economicrecovery. Within 24-hours the number of infections globally rose 183,020, a newrecord, the World Health Organization reported, Reuters said the US saw a25% increase in new COVID-19 cases over the week ending June 21st. Spot prices tradedsharply higher, reaching a five-week high, before closing a...Read More
The current phase of the gold bull market, which started lastyear, is – we believe – the third and final wave of the secular bull run tracking back to 2001. It's going to create a tidal bore of immense size and power. Awave that those who hold the metal (and silver) can ride asinsurance against state-sponsored value-destruction of a country's currency,and as real money that cannot and...Read More
Crude oil moved above the previous highs and at the moment of writingthese words, it’s testing the upper border of the March price gap. And giventhe fundamental news that are reaching (and likely to reach) the market – the increasingCovid-19 cases in the U.S. and globally – it seems that black gold might nothave enough strength to keep pushing higher. The upper border of the Marc...Read More
With the gold price refusing to be knocked down below the $1,700/oz. level, it finished the weak above $1,750 [spot] and looks to be building a base, readying for its next leg higher. With continued monetary and fiscal malfeasance, showing no signs of abating anytime soon, it Is only a matter of time until new all-time highs in gold are reached. This will bode very well for the mining stocks. Th...Read More