Air Force ballistic missile upgrade said to be stalled over cost ... The U.S. Air Force’s program to develop and field an intercontinental ballistic missile to replace aging Minuteman III weapons is stalled over Pentagon concerns the service underestimated the cost by billions of dollars, according to a defense official familiar with the program. - Stars and StripesThe Pentagon seems to be g...Read More
Writing an investment news letter is the ultimate "what have you done for me lately" game. Hard Rock Advisory's Eric Coffin has had a dream year - 11 new recommendations - 340% average return. It seems only natural we'd ask what's now. -Video Upload powered by https://www.TunesToTube.comRead More
Russia leaves the Dollar based monetary system and adopts a system of Sovereign Currency. The implications are phenomenal! "In 1990 the first priority of Washington and the IMF was to pressure Yeltsin and the Duma to "privatize" the State Bank of Russia, under a Constitutional amendment that mandated the new Central Bank of Russia, like the Federal Reserve or European Central Bank, be a purely m...Read More
Air Force ballistic missile upgrade said to be stalled over cost ... The U.S. Air Force’s program to develop and field an intercontinental ballistic missile to replace aging Minuteman III weapons is stalled over Pentagon concerns the service underestimated the cost by billions of dollars, according to a defense official familiar with the program. - Stars and StripesThe Pentagon seems to be g...Read More
Time Stamp References:1:30 - Fed models and interest rates.5:45 - Zombie markets and zombie companies.9:00 - Four horseman of the growth apocalypse.13:45 - S&P contrasted with gold.20:50 - Banking risks and JP Morgan.24:10 - Reverting to a gold standard.27:55 - Gold Silver Ratio33:00 - Focusing on what is important. Mark Yusko is the Founder, CEO and Chief Investment Officer of Morgan Creek Capita...Read More
Gold and silver investors got quite a scare this week. As there were several sharp sell-offs.But the prices also rebounded, and to find out what's really going on, quick to watch this gold and silver update with Dave Kranzler of Investment Research Dynamics!Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Da...Read More
"He was 28 years old and was on the job for just over two years with his whole life and career ahead of him. He was well-liked and highly regarded by his fellow officers."Continue...Read More
Disney's series, "The Owl House", is now the first official animated show to feature a bisexual main character. Both Variety and the Daily Mail described the introduction of the character as "making history".Continue...Read More
There was a big sell-off in the COMEX silver market this week. But what was really happening on the physical level, and were investors actually buying or selling?Find out in this week's physical silver and gold market update with Andy Schectman of Miles Franklin!Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals.Read More
Oh look, more "See, I told you so!" :-)Karl Denninger is an American technology businessman, finance blogger, and political activist, sometimes referred to as a founding member of the Tea Party movement. His website is The Market Ticker. Read More
Gold's slight correction of 3.99% this week doesn't say much. But the $170/oz. decline in about 24 hours certainly did get my Continue...Read More
Over 30 million people lost their jobs between mid-March and mid-May, while the wealth of America's 600+ billionaires ballooned by $434 billion. How did this happen?Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). I...Read More
"The rate at which the Federal Reserve is printing money is going to basically eviscerate the retirement prospects of the vast majority of Americans."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...Read More
"It's not only the MTA that gets screwed - it's millions of people who commute here and work in the region," he said. "It's the entire New York City regional economy that will be screwed."Continue...Read More
*This interview was recorded on August 16thJim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between...Read More
Who killed Father John Kaiser? A question the Catholic Church is still grappling with 16 years after the death of the American priest.The church says the current and previous governments have shown no interest in finding the killers of the priest. Father Kaiser's body was found at MO-RE-ND-AT in Nakuru County and to date it is believed that his active involvement in the advocating for the rights o...Read More
Stephen Nano, CEO of Mirasol Resources sits down with Maurice Jackson of Proven & Probable (http://www.provenandprobable.com/) to discuss the virtues of Prospect Generation, the most recent press release regarding the Claudia Gold-Silver Project' ., and some of the unique features that makes Mirasol Resources one of the hand-picked exhibitors for the Sprott Natural Resource Symposium in Vancouve...Read More
Scott Close of Eurasian Minerals sits down with Maurice Jackson of Proven and Probable to discuss the virtues of partnering and owning shares in one of the industry's premier Prospect Generators. Specifically, Mr. Close outlines the business model for Eurasian Minerals and how they have earned the distinction of being identified as a Royalty Generator. In addition, value investors will learn about...Read More
Moody's Investors Service has injected some fresh optimism into the global mining industry by changing its outlook for base metals to stable from negative, which basically means it believes prices for aluminum, copper, nickel and zinc have already bottomed out."We view prices for base metals as having likely bottomed following the sharp decline beginning late last year, and consequently we have re...Read More
This U.S. Bank Is About to Relive the 2008 Derivatives Nightmare ... Deutsche Bank AG (NYSE: DB) - with its stock now trading at a 30-year low - was recently called the world’s riskiest financial institution by the International Monetary Fun … In a last-ditch effort to save itself, DB is trying to dump a bucket load of credit derivatives … You would think no one would buy the...Read More