All too often the blame on coins, especially pennies and nickels, is misplaced. This certainly is not the first dispute over payment with coins, and it probably won’t be the last.
The next 2-3 weeks will likely tell us if the market is going to set up a crash, or if we are going to still rally to the 4800SPX region before a major bear market takes hold.
We are clearly already in a recession. The Fed's gauge is based on propaganda, which only idiots can't see, designed to make the economy look like it's not in shambles.
Miners not only need to find more gold, they need to mine it for less. In this environment, it makes sense for smaller gold companies to join forces, creating efficiencies and synergies.
Identifying problems is great. Identifying solutions is even better, especially when the politicians who are supposed to be solving our big problems don’t even try.
Reckless fiscal policy enabled by monetary policy is amplifying risks to the U.S. dollar’s global standing, its foreign exchange rate, and ultimately its purchasing power.
BIS' "Basel III" regulations may force central banks that still are intervening against gold to put more of their own physical gold reserves at risk for gold price suppression.
Powell says inflation is going the right direction, even as it continues to rise month after month. He also says there is nothing in the data to indicate a recession in the near term, which isn’t true.
