Precious metals are apparently waking up. And here is where you can find the best deals.
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"Compared with stocks and other financial assets, gold looks inexpensive. More important, inflation is starting to pick up in the U.S. and in much of the world as central banks shrink their enormous balance sheets. And gold has represented a good defense against inflation eroding the value of a stock or bond portfolio."
It remains to be seen how Barrick, with its giant mining footprint but reputation for failing to best monetize those assets, meshes with Randgold, who, while smaller, is viewed as operationally superior.
As soon as this happens, the heavy gold selling we have seen in recent months should reverse sharply. Here are the details...
CFTC announced penalties on two traders for attempting to manipulate the gold market with spoofing, which prompted this inquiry by GATA to the CFTC...
"This crash will launch a series of events that cause Gold to rally beyond its 2016 high and then some, in my opinion..."
Beware The 10th Of October: One Of Two Possible Remaining Dates For The Global ResetSeptember 23, 2018
Is this just a coincidence, or are the globalists planning the reset on October 10th? Here's a compelling argument that the reset is less than 20 days away...
Is this time really different with the Fed's tightening cycle? And what does the Fed hiking interest rates mean for gold? Here's some insight...
SD Friday Wrap: Imagine that - gold & silver close the week in the green, but only after a swift kick to the ______ (fill in the blank). Here's a […]
The US 10-year yield slipped down to 3.065%, and the DX traded down to 94.20. Gold was $1,199 bid at 4PM with a loss of $8.
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
Do you want to maintain your youthful appearance?Drink a 16th-century concoction made from gold!Of course, the main reason it will keep you looking young is that it will kill you young. But if you're OK with that little side-effect, this just might be the anti-aging solution you're looking for.
Bill Introduced in Congress to Eliminate Capital Gain Taxes on the Sale of Gold and Silver BullionSeptember 21, 2018
A bill introduced in the US House would eliminate capital gains taxes on gold and silver bullion.Rep. Alex Mooney (R-W.Va.) introduced HR6790 on Sept. 12. Titled the Monetary Metals Tax Neutrality Act of 2018, the legislation would amend the IRS code to exempt the sale of "refined gold or silver bullion, coins, bars, rounds, or ingots which are valued primarily based on their metal content and not their form," from capital gains taxes.
Video Interview: Mike Maloney on The Coming Collapse And Preparing With Gold, Silver And CryptoSep 21, 2018 - 12:05:30 PDT
Mike does a rare interview with Jeff Berwick of The Dollar Vigilante. This 30-minute video covers Mike's three sole investments: silver, gold, and cryptos (in that order). Why those three? As Mike points out, "they're not a form of debt... they don't require the performance of a 3rd party for the investment to pay off."
Egon von Greyerz: The Dollar Only Has To Lose 3% More In Value For The US To Follow VenezuelaSeptember 21, 2018
Egon says the dollar has already lost 97% of its purchasing power. Here's when Egon says the dollar is virtually guaranteed to lose the final 3%....
Commerzbank + Deutsche? Right, Because Bigger Insolvent Banks Are the AnswerSep 21, 2018 - 09:59:24 PDT
A financial world where entities are not allowed to fail means a financial world where in times of crisis, essentially healthy banks are forced to absorb those who could not survive on their own. Allowing bad actors and incompetents to fail is what makes free markets, free markets.
Sep 21, 2018 - 06:49:04 PDT
The ability of human greed to allow us to both compartmentalize and rationalize away obvious truths knows nearly no bounds. But how we've managed to embrace all the same excesses that nearly brought the world financial system to its knees a decade ago, only to an even more reckless degree, is the stuff of incredulity.
The essential assumption underpinning the trade war is that China has no choice but to eventually capitulate to US demands because they require our wildly consumptive culture to fuel their economy. What if by redirecting capital and resources to other markets, it's a viable option for them to simply walk away?
The Government Keeps Telling You the Economy Is Great, When Real Life Says It Isn'tSep 21, 2018 - 06:21:30 PDT
Rigged statistics and corporate tax windfalls provide no value to the vast majority of Americans. "The general burden of the American worker is the daily task of squaring the difference between the booming economy reported by the government bureaus and the dreary economy reported in their biweekly paychecks."
SRSrocco: "Central Bank Gold Purchases Now Control 10% Of The Total Market"Sep 21, 2018 - 06:13:44 PDT
How does a future-looking sovereign prepare for a global reserve currency reset and the demise of US-dollar hegemony? Between 2010 and 2017, world central banks have been net buyers of a staggering 3.7 metric tons — a full 119 million ounces — of gold.
BRUTAL SMASH: Cartel Must Want Gold Under $1200 (20,000 Contracts Sold In 3 Mins Pre-Market)September 21, 2018
It's "quad witching" day, and the cartel seems determined to keep gold under $1200. Silver hit hard too. Here's an update...