The vultures are circling. Precious metals bulls, laid flat by gold and silver prices dropping for the 5th week in a row, are watching deflationists such as Harry Dent and the financial media squawk about […]
Financial Mining News
Attractive way to take advantage of a recovery in natural resources.
U.S. data showed stronger-than-expected Q2 growth.
Better footing in the long term.
Timing not always as important as it seems.
"We’ve reached a new level of separation between the wheat and the chaff."
Tax promises to cripple new energy sector investment.
Russia is a major trading partner with the eurozone as well, supplying about 40% of the energy requirements in the area. That is why an escalation in Crimea could devastate the region, especially at a time when the economy is finally growing in the eurozone.
Major powers are scrambling for as much of the world’s resources as they can control. Exploration and drilling intensify daily. Previously inaccessible or unprofitable areas are targeted - the days of easy access to the globe’s resources no longer exist.
Alasdair Macleod says Bank of England kept prices down with 100,000 gold bars.
The LIBOR scandal rolls on in the UK, eagerly observed by the rest of the world.
Copper is sometimes referred to as "Dr. Copper," because the metal is used in so many industrial applications and is essential for many different sectors of the economy, from infrastructure to housing to consumer electronics.
I recently opined on the long-term bullish fundamentals of the copper market (Mercenary Musing, May 28, 2011).
In my latest book, The Real Crash: America's Coming Bankruptcy - How to Save Yourself and Your Country, I devote a full chapter to the merits of the historical gold standard and reasons to reinstate it.
The situation in the euro-zone remains dire, however, the euro strengthened when the European Council President Herman Van Rompuy said the euro zone reaffirms its commitment to use its bailout funds to calm markets, thus weakening the dollar, for now.
The markets rallied last week as European leaders made progress at a two-day summit in Brussels.
In an interview with Louis James, world traveler and legendary speculator Doug Casey makes a compelling case for becoming a "permanent tourist" to be best able to survive the coming economic crash.
In Part I of this series we looked at the decaying state of confidence and how this is assisting in the deflationary process that is slowly, inexorably, moving forward, with limited action from central bankers and very little action at all from politicians.
For the last few years we've watched as the Credit Crunch morphed into the Sovereign Debt crisis in Europe, which may re-cross the Atlantic to hit the U.S. Treasury market.
For the past eighteen months, gold stocks have been pummeled.
The communist revolutions in the 20th century sought to nationalize the wealth generated by privately held industries back to the "exploited" workers on whose backs the profits were supposedly derived.America has made the rejection of this idea and its support of free market principles the centerpiece of its economic narrative.
Fayyaz Alimohamed, CEO of Altair Ventures Inc. and publisher of the Acamar Journal, offers historical perspective and predictions on the global economic crisis.
As far as I am concerned, corrupt governments that engage in reckless spending, banks and financial institutions that defraud, lie and deceive their own customers are all financial predators.
More mayhem, debt downgrades and a bank failure in Europe finally concentrated the minds of EU politicians, something the market has been waiting a year for.
Today I’m speaking with Ken Berry and Dr. Bob Thompson of Northern Vertex.