Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
"Barrick and Newmont have far more to gain from cooperating than bickering with each other. Here’s one way to get past their squabbles."
When Debt Rises to Unsustainable Levels, Pretending It No Longer Matters Won't WorkMar 5, 2019 - 05:50:56 PST
If wishes were horses, beggars would ride. And if Modern Monetary Theory held any water at all, the US could spend an unlimited amount of fiat currency forever with no serious consequences. Pipe dreams take many forms.
From their sovereign gold holdings to all manner of economic numbers, "official" Chinese statistics are lies. "An economy-boosting infrastructure binge is afoot. You won’t find it in the fiscal deficit target."
To borrow a phrase from Wimpy (of Popeye cartoon fame), the US consumer will gladly pay you Tuesday for a hamburger today, as the insatiable American appetite for unearned consumption continues.
"The economy will no doubt continue to worsen in 2019 and 2020. Many Australians will see their so-called wealth evaporate and many will suffer significant financial losses."
The stock market has rebounded nicely since those dark days of December leading many analysts to believe precipitous nosedive was nothing but a bull market correction. But Peter Schiff begs to differ. He's been saying that the rally in stock since the Powell Pause is really a bear market correction. Furthermore, Peter says an upcoming recession is a done deal.During the Orlando Money Show, Mark Skousen moderated a debate between Peter and Louis Navellier. The question was: were we witnessing a bull market correction or a bear market rally in the last three months?
El-Erian: The Economic Slowdown in Europe Is Actually Even Worse Than You ThinkMar 5, 2019 - 05:12:45 PST
"The European Central Bank has only limited tools at its disposal to respond to economic weakness while European governments are not prepared to respond with spending."
ZIRP 2020: Kyle Bass Predicts the Fed Funds Rate Will Return to 0% Next YearMar 5, 2019 - 05:08:29 PST
Bass made a name for himself in 2007 with a lucrative bet against the subprime mortgage market. "The world is not just going to have a recession and the US is going to keep growing."
Romania may bring most of its gold home.Romania's ruling party chief has submitted a bill that would require the country's central bank to keep 95% of its gold within the borders of the country. Currently, about 60% of Romania's 103.7 tons of gold is stored at the Bank of England.
Gold is very cheap when compared to the stock market, and that's just one of things Dave Kranzler says is bullish for gold. Here's what else is bullish...
Adams & North: The Reserve Bank Of Australia's Crumbling Claims About Australia's GoldMarch 4, 2019
The recent chapter in the quest to bring Australia's gold home proves something fishy is happening with Australia's gold and with the Bank of England...
Catherine says, "for many years, I said I don’t think gold is going to have a good investment run. I am changing that this year". Here's more...
At GoldSilver, we are focused on the long term. We believe an era-defining, multi-generational paradigm shift in the way the world views and values real money (gold and silver) over ultimately worthless, empty, ink-on-paper lies masquerading as promises (fiat currency, including the USD) is coming.
The US 10-year yield retreated to 2.724%, and the DX - which had touched 96.81- pulled back to 96.70. Gold edged higher, and traded up to $1,289.
Hugo Salinas Price: The Paper Gold Casino Makes The Las Vegas Casinos Look Like Child's PlayMarch 4, 2019
If you want to lose money, Hugo says speculating in the paper market is a good way to do it. Thankfully, however, Hugo also shares how to win with gold...
Mar 4, 2019 - 11:00:28 PST
"The current extreme in market cap, in relation to the size of the economy even greater than that seen at the peak in 1929, does nothing to ameliorate the risks posed by excessive leverage. Just the opposite."
"What matters most here is to recognize where valuations are in the cycle, and that even a shift to a speculative mentality could quickly run into a wall of economic deterioration, as was the case both in early-2001 and early-2008."
The Asset Bubbles of Ever Fewer Winners vs. the Stagnant Wages of Ever More LosersMar 4, 2019 - 06:50:23 PST
"Even if the Fed hadn't institutionalized perverse incentives to borrow and speculate in asset bubbles, the economy would still be generating far fewer winners than losers."
"The bottom line is those who rely on the number crunching of data dependent analysis will continually be blindsided by the events of political economy where 2+2=5."
Peter Schiff has been saying that despite the recent stock market rally and all of the optimism about an end to the trade war, a recession is a done deal. There is plenty of economic data to back up despite the recent economic growth. In his most recent podcast, Peter Schiff said that while the GDP number might look pretty good, the growth is unsustainable because it's all built on debt.