The Dollar's Loss Is Mining's Gain

Posted on

As the world braces for a pandemic-driven recession and governments devalue their currencies, demand for gold, silver, and other precious metals has skyrocketed. Ross Beaty, the chairman of Equinox Gold and Pan American Silver, and an expert in renewable energy and international mineral industries, argues he has never seen better macroeconomic fundamentals for higher gold… Read More

Stakeholder Capitalism Perverts Adam Smith's Legacy

Posted on

Business leaders and CEOs have recently joined social-justice activists in demanding a new brand of capitalism that serves not only shareholders, but also employees, customers, suppliers, and other “stakeholders.” Paz Gómez from Ecuador, a policy analyst with Econ Americas and a research associate with the Frontier Centre for Public Policy, explains why such a view… Read More

How to Profit from Gold Newsletter

Posted on

Our co-host and prominent metals investor Brien Lundin, editor of the Gold Newsletter, shares memories and insights from his three decades in the business.  He walks us through all the publications available under the Gold Newsletter umbrella, some of them for free. Brien highlights the importance of serving subscribers and maintaining a reputation through objective… Read More

Behind the Curtain of Mining ETFs

Posted on

Exchange-traded funds (ETFs) are eating the stock market, and the mining industry is no exception. Joe Mazumdar, a specialist in junior-mining analysis and editor of Exploration Insights, explains retails investors feel attracted to gold ETFs, for instance, because they provide easy exposure to a safe-haven asset. FREE: Get Brien Lundin’s Top Two Mining Stocks! However, ETFs… Read More

Demelza Hays: Will Bitcoin Pass the Baton to Stablecoins?

Posted on

Bitcoin turned 11 years old on January 3, 2020. It continues to be the world’s most famous cryptocurrency, but many roadblocks to its widespread adoption remain. Price volatility is one limitation that new competitors called stablecoins are trying to solve, explains Demelza Hays, editor of the Crypto Research Report and a university teacher in Liechtenstein.… Read More

Mainstream media acknowledges China will likely compel Saudi’s to sell oil in RMB, causing major hit to dollar and Petrodollar

Posted on

In an interview on CNBC on Oct. 11, economist Carl Weinberg told the business network that China is going to compel Saudi Arabia to sell them their oil in the Yuan currency, which will have a serious consequence to the dollar and the Petrodollar system.
Beijing is likely to “compel” Saudi Arabia to sell crude oil in yuan, and others will follow, according to the chief economist and managing director at High Frequency Economics Carl Weinberg. This will hit the US dollar, he says. In an interview with CNBC Weinberg said China has become a key player in the oil market since overtaking the US to become the world's largest importer. Saudi Arabia has “to pay attention to this because even as much as one or two years from now, Chinese demand will dwarf US demand,”Weinberg told the media.
“I believe that yuan pricing of oil is coming and as soon as the Saudis move to accept it — as the Chinese will compel them to do — then the rest of the oil market will move along with them,” he added. A..