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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African Gold Group Announces Significant High-Grade Gold at Kobada Project, Including 2.14g/T Gold Over 16 Meters and Other Corporate Updates

Miners viewing African Gold Group's Kobada Gold Project

African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to report new drill results from the Company’s Kobada Gold Project located in southern Mali, including additional high-grade intersections in the northern extension of the main shear zone. The Kobada Gold Project is fully licensed and is progressing towards completion of the definitive […]

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Jobless Claims Spike | 6,648,000 Million File for Unemployment

jobless claims surge to nearly 10 million

The more than 3000% increase in jobless claims in the United States has Mike Maloney concerned. Mike is worried about deficit spending in the U.S., noting all of these unemployed people are no longer paying income taxes. “Nothing in human history has ever happened like this.” – Mike Maloney Jobless Claims Explod to Over 6.6 […]

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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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Euro Sun Provides Corporate Update on Rovina Valley

closeup of the rovina valley project map

FILES 2019 ANNUAL FINANCIAL STATEMENTS FILES 2019 ANNUAL INFORMATION FORM Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to provide a corporate update and comment on the current strategy regarding development of the ten million gold equivalent ounce Rovina Valley Project (“RVP”). The Company is also pleased to report it has […]

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The Greatest Safe Haven

gold is the ultimate safe haven

The debate over whether or not gold is a safe haven should be over. While stocks give investors whiplash, amidst the ongoing Covid-19 pandemic, gold continues to shine. The Federal Reserve and the U.S. government are preparing to deliver trillions in bailout spending. As the buyer of last resort, the Fed is ushering in a […]

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Calibre Commences Temporary Suspension of Operations; Withdraws 2020 Guidance and Provides Liquidity Update

calibre mining project

VANCOUVER, British Columbia, March 25, 2020 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the “Company” or “Calibre”) announces that it has commenced the legal process with the Nicaraguan Ministry of Labour to obtain authorization for the temporary suspension of its El Limon and La Libertad mines. Russell Ball, Chief Executive Officer stated, “We […]

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Governments “deliberately pushing the world economy down”

mervyn king says what central bankers must do

Former Bank of England Governor, Mervyn King, believes what happens next will depend on people’s behavior. The ongoing Covid-19 crisis has brought forth uncertain, volatile times. The Dow soared more than 10% – its biggest single-day gain since 1933. For a market that is falling faster than it did during the 1929 crash, it was […]

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