Precious metals are apparently waking up. And here is where you can find the best deals.
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How much political and monetary pressure is being applied to keep our precious metals riders from riding the bull, already staged, and ready to be released?
FIRST TIME EVER IN THE SILVER MARKET: Something I Have Been Forecasting For Several YearsOctober 17, 2020
Something is happening in the Silver Market for the first time ever. This profound fundamental change taking place could change the silver market as we know it. While I forecasted several years ago that this shift would occur, it's still amazing to see it happen right in front of our eyes...
The highly touted gold mining stock, Gold Resources (GORO), during the 2007-2012 period, that once traded at $24 a share, closed on Friday at $3.02. Worse yet, Gold Resources has underperformed its competitors (GDXJ) this year by a wide margin. I remember hearing a lot about Gold Resources during...
"While sentiment for gold remains strongly bullish without a strong short-term driver, we seem to be oscillating around $1,900 unable to substantially break the month-long range of $1,850-$1,950."
"Increasing the average duration or pace of asset purchases is the most likely option, but not a particularly effective one."
Several readers wrote asking for more information about preferred stocks. Investors need to understand the basics of preferred stocks....
Don’t trust it. Don’t trust the politicians. They destroyed the economy to rule your life. Alas, they’ve only just begun.
The Federal Reserve has adopted a mentaily to try an avoid recessions. However, what if recessions are a good thing and lead to economic prosperity?
US Budget Deficit Triples To Record $3.1 Trillion In 2020 As US Spends 90% More Than It CollectsOct 16, 2020 - 11:47:51 PDT
Unfortunately due to "helicopter money" it is unlikely that the exploding deficit will ever shrink again until the monetary system is overhauled... or collapses.
The U.S. budget deficit hit a record $3.132 trillion during fiscal 2020, more than triple the 2019 shortfall, as a result of massive coronavirus rescue spending, the U.S. Treasury said on Friday.
Kudlow Says ‘Almost Impossible’ to Execute Coronavirus Relief Deal Before ElectionOct 16, 2020 - 11:05:29 PDT
Senior White House economic adviser Larry Kudlow said Friday morning it would be "almost impossible" to execute a coronavirus relief package before the November election, even if Congress overcame a monthslong impasse and struck a deal.
House Lawmakers to Propose Emergency 3% Social Security Cost of Living AdjustmentOct 16, 2020 - 11:01:25 PDT
A 1.3% cost-of-living adjustment for 2021 was announced by the Social Security Administration this week. But two Democratic House lawmakers think that that increase is not enough. Now they plan to propose a bill that would give beneficiaries a 3% raise next year.
The delusional faith in incremental change guarantees systemic failure. Better not to risk any radical evolution that might fail, and so failure is thus assured.
Delta alone Raised $9 billion via SkyMiles as Collateral. How?
Today’s Western institutions have long been deemed to be sacrosanct. As a matter of fact, though, nation-states are increasingly met with reservation or even outright resentment.
Another year, another conviction for yet another set of former managers of the world’s oldest bank. From afar, the Byzantine tale of Banca Monte dei Paschi di Siena SpA’s repeated failings — shameful as they are — might look like the company’s problem alone. But that isn’t the
Stimulus won't be a magic elixir for a country continuing with the economic fallout from the coronavirus, argues one strategist.
We recently started a gold position for a number of our portfolios, replacing some of our treasury inflation protected bonds (TIPS). Here we’d like to provide further explanation on how we understand gold in the current environment.
Simply put, gold works as a long-term investment because it is bought by far more people in far more countries for far more reasons than any other asset.
Expect a ‘Dramatic Fall’ in Markets if U.S. Election Outcome Is Contested, Warns Mark MobiusOct 16, 2020 - 09:15:16 PDT
The founding partner of Mobius Capital Partners said markets "hate" uncertainty, and how much markets fall would depend on how long the election dispute lasts.