The Energy Cliff is now impacting the financials of the world’s largest oil companies. While it was slow at first, it is now picking up speed. Even though Royal Dutch Shell posted a small profit during the third quarter, the company added another $10 billion to its long-term debt… Source : srsroccoreport.com
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Volatility is ramping up ahead of next Tuesday’s all-important election. Equity and precious metals markets got hit earlier this week on lockdown jitters. New virus restrictions in Europe and fears of a devastating second wave in the United States caused investors to place sell orders.… Read More
This is the third in a series of articles focused on the outlook for major currencies. The first concluded that the US dollar is already on the path of monetary hyperinflation. The second concluded that the euro system is close to collapse as a consequence of a combination of the failure of commercial banks and… Read More
With the newest update just released, Perth Mint silver bullion sales surged in the first three quarters of 2020. And, for the first time in many years, the Perth Mint sold more than two million oz of silver bullion in a single month this year. The official silver coins produced by the Perth Mint are… Read More
Today Jeff Clark asks Mike Maloney one of the most common questions we receive here at GoldSilver.com – "Why on Earth would I sell my gold and silver for fiat currency?" Download Mike's best-selling book for free here: https://pages.goldsilver.com/freebook Thanks for sharing and clicking that 'Like' button. For those wondering why our videos don't appear… Read More
There are two theories of money. The first is that it should have intrinsic value, something people can hold, knowing that it has value in and of itself. The second is that it is lawful; that usually a government or King, mandates that their creation can be used to pay for all goods and services.… Read More
SBTV spoke with Franklin Noll, President of Noll Historical Consulting, about the history of banknotes, how 'greenbacks' was coined, secrets in banknote design, and the future of currencies with smart banknotes and central bank digital currencies. Discussed in this interview: 01:37 Consulting with the Bureau of Engraving and Printing 05:08 The history of greenbacks 11:02… Read More
What if the current period is more serious for the economy than last spring’s lockdown? Because at that time, there was the prospect of no lockdown, summer vacation, the start of the new school year, in short, the fact of starting to live fully again and making up for lost time. The partial or strict… Read More
The current situation in the markets is setting up for a continued disintegration of the U.S. and the global economy in 2021. With the second wave of the pandemic now hitting many areas in the U.S. and worldwide, governments are starting the process of locking down their economies once again… Source : srsroccoreport.com
This post The Bull Market That Won’t Die appeared first on Daily Reckoning. Investors have been hearing for years that “interest rates are near all-time lows,” and “rates have nowhere to go but up,” and finally, that “the bond bear market is right around the corner.” These warnings have come from notable bond gurus including… Read More
Stephen Flood Chief Executive Officer I am the CEO of GoldCore. We help investors buy and store gold and silver easily and cost effectively. We offer a service to purchase, sell and/or store precious metals personally or through a pension, a company or a family office. Source : goldcore.com
Even though the silver price hasn’t increased that much this past month, the top Global Silver ETFs saw their metal inventories surge higher in October. After the silver price fell to a low of $22 on September 24th and bounced higher to $24-$25, investors continued to move into the Silver… Source : srsroccoreport.com
This post EXPOSED: Biden’s Deep Corruption appeared first on Daily Reckoning. I try to limit my analysis to markets while leaving politics out of it, but sometimes I have no choice but to focus on politics. This is one of those times. Their potential impact on markets is simply too great to ignore. Despite media… Read More
It looks like demand for Silver Eagles hasn’t subsided as the U.S. Mint sold nearly another million since last week. Total Silver Eagle sales for October have now surpassed September, and there are still three more days remaining in the month. Not only are October Silver Eagle sales higher than the previous month, but they… Read More
Download the chartbook here: http://www.ingoldwetrust.report In today's video, you'll see some stunning data that compares the relative performance of stocks, real estate and gold. "With everything that is going on in the world right now, I can't imagine the anxiety I would feel if I was just in stocks and Real Estate right now." –… Read More
We are joined on Metal Money by Nick Santiago, President and CEO of InTheMoneyStocks.com, as we discuss the possibility of gold prices basing for a year or two after its 'parabolic' move since 2018. Nick Santiago's InTheMoneyStocks.com: https://inthemoneystocks.com Buy & store gold and silver with Silver Bullion: https://www.silverbullion.com.sg Silver Bullion Investor Kit: https://bit.ly/35ujSB1 Silver Bullion… Read More
The global coronavirus pandemic has accelerated several troubling trends already in force. Among them are exponential debt growth, rising dependency on government, and scaled-up central bank interventions into markets and the economy. Central bankers now appear poised to embark on their biggest power play ever. Federal Reserve Chairman Jerome Powell, in coordination with the European… Read More
This post The Golden Solution to America’s Debt Crisis appeared first on Daily Reckoning. Right now, the United States is officially $27 trillion in debt. Nearly $7 trillion was added since President Trump took office. This year’s budget deficit is projected at $3.3 trillion, over three times last year’s estimate. The coronavirus is responsible, and… Read More
This post The Fed MUST have Inflation appeared first on Daily Reckoning. The Fed says that “price stability” is part of their dual mandate and they are committed to maintaining the purchasing power of the dollar. But the Fed has a funny definition of price stability. Common sense says price stability should be zero inflation… Read More
What an interesting day as the broader markets are selling off while the precious metals and mining stocks are holding up rather well. Unfortunately, the oil price is back in the $38 level which is destroying the value of shale oil stocks. I’d imagine Concho Resources is quite happy today… Source : srsroccoreport.com