Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says things in the global economy are out of balance and progress is not happening. Fitts says, "The other way to get back into balance is with war. . . . We have had lots of covert wars going on, and my concern now is we are going to have more overt war." Fitts says people need to get ready for dramatic challenges...Read More
"Are we then to understand that we have now reached a point the mere gathering of information, which our colleagues in the media may want to eventually do as thousands of people are afflicted daily by the CoronavirusContinue...Read More
The New York Times is reporting that President Donald Trump launched a drone strike that killed the leader of Al Qaeda's affiliate in Yemen.Continue...Read More
Continue...em>Bill Fleckenstein is the President of Fleckenstein Capital and writes a popular column 'Contrarian Chronicles' for MSN Money as well as the daily Market Rap column for his website: Fleckenstein Capital. Bill has appeared at one time or another in virtually all financial media including Bloomberg, CNBC, The New York Times, MSN, Marketwatch, Barron's and more. Bill is a highly sought a...Read More
Before the coronavirus outbreak, China was already planning on Wall Street helping to get them another $1 trillion dollars of American retirement savings over the next few years with China promising access to their futures markets and their $45 trillion dollar insurance market as cover for the bailout. However, the timeline for this bailout may be accelerated due to the coronavirus outbreak. Jason...Read More
The people who attend Davos are all welfare statists. They're not necessarily socialists, insofar as they don't want to see government nationalize industries. Most understand how totally dysfunctional Continue...Read More
When Mike Maloney talks about buying gold and silver, many people write in to ask whether he is buying coins or bars. Join Mike and Jeff Clark in today's video as they discuss the pros and cons of bars vs coins, and what they buy personally.Jeff Clark is editor and lead writer of BIG GOLD, the monthly gold-investment newsletter from Doug Casey's Casey Research. He is also the Senior Precious Metal...Read More
1. Markets are in rally mode again this morning. Yesterday, stocks stalled out as some money came off the table in the final trading session of November. But today it seems that money is flowing right back in. November was one of the best months that the market has ever had. Hard to explain why money flowed out yesterday and back in today. Markets have discounted the election for now. But Biden as...Read More
0:00 Introduction0:45 What is driving the general equities higher?4:10 How are you advising your clients to apportion their portfolios?5:35 Gold equities7:08 Educating clients regarding gold8:28 Gold price commentary10:01 Demand for precious metals compared to March-June 202012:40 Bitcoin versus gold16:34 Incorporating political analysis into one's investing approach20:23 Commodities that have you...Read More
Gold rose 2% on Monday, with silver up 5.5% on the trading session. Peter Hug, global trading director of Kitco News, said that fundamentals line up with this rally.Equities also saw a bounce. Hug said that talks of a new round of fiscal stimulus is adding fuel to the risk-on sentiment while driving money to precious metals at the same time.The U.S. dollar weakened on the trading session. Peter Hu...Read More
I believe towards the middle of next year reality could creep back into markets. The vaccine will help shift spending habits to restaurants, hotels, and airlines. Continue...Read More
Can the election be a do-over? No, there is no time. The only solution is that the election should be ruled null and void by the Supreme Court and it should be thrown into the House of Representatives.Continue...Read More
Daniel 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 Richtopia, he holds the CIIA financia...Read More
I have not seen any reports of lost productivity from working remotely. Sure, some will take advantage. But others are happy to work Continue...Read More
"If there's one thing I'm hearing uniformly it's: 'Congress, do not leave town for the holidays leaving the country and the economy adrift with all these initial CARES [Act] programs running outContinue...Read More
Bill and Grant are joined by their mutual friend, Fred Hickey, author of The High Tech Strategist for over 30 years.Despite a couple of technical glitches, what follows is an extraordinary deep dive into Fred's process for producing his incredible monthly letter, an examination of gold's role in a portfolio and some detailed explanations as to why gold and, in particular, some of the companies tha...Read More
Time Stamp References:0:00 - Intro1:00 - Recent Price Action13:50 - EU Banking Problems20:47 - Defining Inflation23:44 - Government Debt Trap28:30 - A New Gold Standard?31:10 - Historic Comparisons41:05 - Golds Purchasing Power49:06 - Fiat Implosion & Crypto56:05 - The Role of SilverTom welcomes a new guest to the show, Alasdair Macleod. Alasdair is the Head of Research for Goldmoney and an advoca...Read More
*This interview was recorded on November 17thLondon Business School's AQR Asset Management Institute held its virtual 'Insight Summit 2020' on 17 November. Participants heard from top speakers within business and academia on the impact of prolonged low-interest rates, the effects on financial institutions and markets, as well as implications for financial stability and public policy. This film is...Read More
Platinum prices are on fire and now trading above $1,000 an ounce, the metal saw a rally of 19% in November while gold was down 5%. Disruptions caused by the pandemic may lead to the greatest supply crunch in history. "Platinum has broken out of a ten-year downtrend," explains Bill Baruch, President of Blue Line Futures in this interview with Daniela Cambone.Read More
The lockdowns are based on surging "cases" which are based on positive PCR test results. However, what exactly is a positive PCR test result? What does it mean? I'll answer that and give you the answer to the most important question you should ask if you or a loved one gets a positive PCR test result. "What's the Cycle Threshold (CT) value for that test?" Sounds wonky but it's actually really impo...Read More