In my last article, "The Bears Have it Right: Economy went Polar Opposite of Bullish Predictions," I laid out my first prediction for 2019 a recession by summer. I don't want the following revelations and facts that I have since come across to get lost in comments I recently posted to that article, so I'm bringing them all together here.How bad was 2018?The Wall Street Journal just said it wa...Read More
Gold Resource Corporation (NYSE American: GORO) (the "Company") updated its annual reserve estimates as of December 31, 2018, increasing its proven and probable reserve tonnes at both its Oaxaca Mining Unit and Nevada Mining Unit by a combined total of 18% gold ounces and 14% silver ounces. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oa...Read More
By: IRA EPSTEINGold Price action consolidating in narrowing ranges. 18 day average is key (~1322.70$)Read More
The recent plunge in Heinz-Kraft shares reminds us that even Warren Buffett can make a mistake. A couple of years ago, it might have seemed as though the Sage's portfolio was impervious to downturns, given its heavy focus on the basics: food chain, railroads and insurance companies. As it happens, his bet on such time-tested brands as Oscar Mayer, Jell-o, Kraft Singles, Kool Whip and Cheez-Whiz...Read More
The correction in industrial metals was a case of "buy the rumour and sell the fact". The rumour was a trade deal between USA-China. Now that the trade deal is more or less a done deal, there was profit booking. There can be more corrections in industrial metals and thereafter a period of consolidation. The next big move will be next week around the release of various US jobs numbers. Once detai...Read More
Max talks to Michael Pento of PentoPort.com about the Fed promising permanent QE as a 'normal' policy tool, no longer just 'for emergencies.' Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser invented "Virtual Spec...Read More
For years, John Rubino and Kerry Lutz have been covering the dollar, gold and U.S. economy. Today we discuss what keeps these financial educators motivated.John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 198...Read More
Mark Skousen moderates a debate between Peter Schiff and Louis Navellier at the Orlando MoneyShow 2019.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 qu...Read More
In this episode of the Keiser Report, Max and Stacy discuss the impossibility of endless war under hard money and ask whether the millions of deaths made possible with easy inflationary money could be spared under a bitcoin or gold standard. In the second half, Max talks to Michael Pento of PentoPort.com about the Fed promising permanent QE as a 'normal' policy tool, no longer just 'for emergencie...Read More
G. Edward Griffin is an American film producer, author, and political lecturer. He is best known as the author of The Creature from Jekyll Island: A Second Look at the Federal Reserve, a critique of much modern economic theory and practice, specifically the Federal Reserve System.Read More
The U.S. sugar program is "Stalin-style price controls," Ross Marchand of the Taxpayers Protection Alliance tells John Stossel.Read More
Former Dallas Fed adviser Danielle DiMartino Booth on former Federal Reserve Chair Janet Yellen's comments about President Trump and the state of Federal Reserve policy.Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economi...Read More
The SEC has moved to hold Elon Musk in contempt in their favorite court - the Southern District of New York. This has been a battle against the SEC whereby just making any comment Continue...Read More
Gregory 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). Gregory currently hosts a b...Read More
"I want to assure you that the country is in safe hands," India's Prime Minister stated. "I vow that I will not let the country bow down."Continue...Read More
U.S. homebuilding data showed construction of both single and multi-family housing falling to a more than two-year low in December as Continue...Read More
The explorer and developer intends to accelerate the schedule by one month. Victoria Gold Corp. (VIT:TSX.V) announced in a news release that construction of its Eagle gold mine is 75% complete after 1.2 million hours of work were put into it. The company is currently focusing on the mine starter pit along with the crushing, heap-leach and gold recovery facilities. "We are rapidly turning our att...Read More
The company commissioned the study as part of its independent third-party validation program. An independent study of Enviroleach Technologies Inc.'s (ETI:CSE; EVLLF:OTCQB) extracting formulas achieved gold recoveries of over 93%, announced the company in a February 20 news release.EnviroLeach Technologies commissioned the study to AuTec a respected full-service metallurgical testing lab and pilo...Read More
Barrick wants to buy Newmont. Trump wants a deal with China. Palladium wants to fly into space. And what does gold want?Will Barrick and Newmont Create Gold Monster?Do you remember our January 24, 2019 edition of the Gold News Monitor? We analyzed in that report the historic transaction in the bullion industry, i.e. the Newmont Mining’s purchase of Goldcorp, which will create the world&rsquo...Read More
TheGreen New Deal is silly and not worth our attention. It implies we can haveanything we want if the Federal Reserve extends credit.Letme blow your hair back for a second.Thetwo biggest US stock market rallies (in the 1920s and in 1990) occurred whenthe budget deficit was disappearing or had disappeared.CalvinCoolidge led the US through most of the Roaring Twenties. And he is perhaps thesecond-le...Read More