Record Stimulus and Deficits to Drive Gold in 2020

No asset influences the global markets more than the U.S. dollar, the world reserve currency. It’s held this hegemonic status for decades, dominating global commerce while serving as a constant reminder of America’s unparalleled economic, military, and political strength. Now, it appears that the only way to save the U.S. economy is by crushing the […]

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Why Central Banks Will Give Money Directly to Spenders

central banks

In an almost frightening foreshadowing of the future, Ray Dalio outlines in 2016 how central banks will deliver stimulus in the future. Dalio contends that central banks will get so desperate they will give money away. With upwards of $6 trillion committed from the U.S. government and the Fed, this has now become a reality. […]

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Premiums on Silver Eagles Jump Almost $8 | Selling for $21.86 per Ounce

silver eagles are flying off the shelves at record premiums

Just an hour ago I was quoted $21.86 to buy one ounce Silver Eagle coins – a near $8 premium! People are scrambling to buy what gold and silver is available as central banks unleash trillions in new currency to stave off a depression. Max Keiser and Stacy Herbert are back to discuss the end […]

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Member ‘Scoby13’ Wins March 2020 Stock Challenge

scoby13 is the march 2020 stock challenge champion

At last, one of the most volatile contests in Stock Challenge history has come to an end… While it was a close battle between members ‘Scoby13’ and ‘Joe Knows’, Scoby13 managed to power through and finish in first place with a return of 89.15%! Well done Scoby13; few Stock Challengers managed to achieve returns of […]

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The impact of coronavirus on North American small businesses

A street filled with North American small business (SMEs)

Small businesses across North America continue to take the brunt of Covid-19, despite aggressive actions by the Bank of Canada and U.S. Federal Reserve. In Canada, a survey by the Canadian Federation of Independent Business found that a third of Canadian small businesses say they cannot survive the economic impact of coronavirus for more than […]

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Bailout Nation – Six Trillion Lies – Markets Soar on QE Infinity

here comes the largest bailout in history

In what is becoming the largest bailout in US history, some investors are not rejoicing. While the markets soar and money rushes in, is anyone asking about the cost and the ability to repay the trillions upon trillions that the Fed and US taxpayers are now comitting to? Furthermore, what damage to the US dollar […]

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Why the Fed Can’t Stop Covid-19 & Economic Fallout

federal debt is about to explode

As soon as I saw the ticker tape, I knew it wouldn’t last. Dow and other U.S. index futures were down 5% Sunday, before yet another emergency Fed meeting. While the intial headlines reversed sentiment and saw exchanges up 1-2% before the open, the relief rally failed. All indices are now in the red, down […]

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Crashing Oil Demand Provides Silver Lining for Miners

oil demand crashes as the Fed begins to print

Mike Maloney outlines in “Helicopter Drops & Biggest Bailouts in History Are Here” where the markets and precious metals may be heading. With WTI crude trading in the mid-$20s, oil demand is collapsing as transportation grinds to a halt. While the energy sector is reeling amid this massive sell-off, miners and other operators are about […]

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Speculators Suffer as TSX Venture Capitulates, Again

The TSX Venture is a speculators exchange in every way. A gamblers paradise, the index rises and falls on the wings of sentiment, nothing more. In my relatively short investing life, I’ve never seen the outlook this grim. We can take solace in the fact that every pandemic in human history has ended, usually of […]

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Corporate Debt and the Great Margin Call of 2020

us corporate debt

We’re 75 days into 2020, and it’s already been one hellish year. The most powerful people in the world, from presidents to central bankers, are all trying to stop one thing right now: a global credit crisis. At the heart of their fears is record US corporate debt that stands at over $10 trillion. Despite […]

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