Top Silver And Economic News Today

Andy Schectman knew this was coming. He’s been stocking up on silver since Covid hit. Miles Franklin’s inventory is hedged daily and over the weekend. Over this weekend he sold over 90,000 ounces. He wound up effectively naked short by 35,000 ounces. Orders are flying in. This is why bullion dealers across the globe shut down. They can’t afford to be net short, because Monday’s Comex open could break them and put them out of business. His competitors are quoting silver eagles at over $40. This is unlike anything Andy has experienced in 30 years. He’s never seen the level and concern and fear of the people he’s been speaking with. He has product for immediate delivery. Silver Eagles are available but has no certainty of ever being able to get more. The big boys are surely way up on the line, front-running what is happening now. Big money is moving. Thousand ounce silver bars in London are nearly impossible to get. This is what it was like in March 2020. People are fearing the complete collapse of the system. 30 million ounces were deposited into the SLV ETF on Friday. The big traders are smelling blood in the water. They will slam the shorts. They’re long and it’s trickling down to the little guy. Buckle your seat belts. This type of demand will have an effect.

Sign up (on the right side) for the free weekly newsletter.

from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/3pAkakI

Copperbank Resources Corp. – Riding the Copper Wave to Massive Gains

Click to read the PM Daily Market Commentary

CEO Gianni Kovacevic founded CopperBank Resources Corp. (sponsor) after the 2011 euphoria ended. Gianni is a true visionary and he foresaw the eventual shift from hydrocarbon based energy to electrification. But unlike many visionaries, Gianni was determined to act and profit from his vision. He built CopperBank to maximize shareholder value in the inevitable future copper bull market. He’s been waiting a while, but now it certainly appears that everything is coming up copper. He has put together a world-class portfolio of copper properties in Nevada and Arizona. He was only interested in safe jurisdictions where mining could continue unimpeded.

Gianni besides being a doer is also a major investor in Copperbank. He and his team have been at the forefront of every capital raise. Placements have been at or near the market price. He never issues warrants; he’s determined to minimize shareholder dilution. This is an enlightened view towards shareholder value that more CEO’s should follow.

A couple of key facts about Gianni, he’s a renowned expert on incumbent energy systems and a sought-after strategist in the divestment movement, investing 10’s of thousands of hours of research and experience in the analysis of the natural resource sector. His copper markets expertise has found him on the world-wide lecture circuit and a frequent media guest. His book, My Electrician Drives a Porsche? has sold many copies and is available in multiple languages all over. And not surprisingly, Gianni is a graduate of electrical studies from The British Columbia Institute of Technology.

Recently, the stock has appreciated, along with the price of copper, which is now approaching $4 per pound. Once it breaks that resistance point, there’s no telling where it will end up. Which is why we are shareholders of this an amazing opportunity. And if Gianni’s vision of selling off projects and retaining significant royalty interests plays out according to plan, Copperbank could well see outsized future gains.

https://www.copperbankcorp.com/ Tickers – CSE:CBK — FWB:9CM — OTCQX:CPPKF

Register for the upcoming live webcast (Thurs Feb 11th at 2pm ET) where Gianni Kovacevic will present on the macro fundamentals of the global copper market as well as take specific questions about CopperBank: https://register.gotowebinar.com/register/7729160336440286991

Sign up (on the right side) for the free weekly newsletter.

from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/36wTFW1

Greyerz – Macleod Is Right, There Is NO LIQUIDITY IN LONDON And Bullion Banks Are Short 100 Million Ounces Of Silver

Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that the bullion banks are now short 100 million ounces of silver on the Comex and there is no liquidity in London.

The post Greyerz – Macleod Is Right, There Is NO LIQUIDITY IN LONDON And Bullion Banks Are Short 100 Million Ounces Of Silver appeared first on King World News.

from King World News https://ift.tt/39xwVH6

Friday, January 29, 2021

Rob Arnott: Broadcast Interview – Available Now

Rob Arnott: Founder & Chairman of the Board of Research Affiliates - Rob's firm RALLC manages and licenses $160 billion and also sub advises mutual funds and ETFs for the Schwab Funds, Powershares and Nomura. He is also portfolio manager on the PIMCO All Asset and All Asset All Authority family of funds and a suite of PIMCO products based on the Fundamental Index® approach. Rob is a 8 time Graham & Dodd award winner...

The post Rob Arnott: Broadcast Interview – Available Now appeared first on King World News.

from King World News https://ift.tt/3r5cibn

Rob Arnott

The post Rob Arnott appeared first on King World News.

from King World News https://ift.tt/3raXeJr

Robinhood Silver Traders May Break The Comex And Seriously Hurt Bullion Banks

In what may be seen in the fullness of time as the first wave of the public entering the silver market, Robinhood silver traders may break the Comex and seriously hurt some bullion banks.

The post Robinhood Silver Traders May Break The Comex And Seriously Hurt Bullion Banks appeared first on King World News.

from King World News https://ift.tt/3pBosIw

KWN METALS WRAP: Alasdair Macleod – Available Now

DUE TO POPULAR DEMAND AND ACCELERATED INVESTOR INTEREST IN THE PRECIOUS METALS SECTOR, WE MADE THE DECISION TO LAUNCH THE NEW KWN METALS WRAP!

The post KWN METALS WRAP: Alasdair Macleod – Available Now appeared first on King World News.

from King World News https://ift.tt/3akyU0P

KWN METALS WRAP: Alasdair Macleod

DUE TO POPULAR DEMAND AND ACCELERATED INVESTOR INTEREST IN THE PRECIOUS METALS SECTOR, WE MADE THE DECISION TO LAUNCH THE NEW KWN METALS WRAP!

The post KWN METALS WRAP: Alasdair Macleod appeared first on King World News.

from King World News https://ift.tt/2M7VMbT

Daily Digest 1/28 – US economic decline not as bad as feared, Criminal COVID Negligence

Economy

Criminal COVID Negligence

By now, I’m at the point where I wonder why nobody -that I know of- has tried holding governments, scientists, scientific journals, MSM, responsible for their negligence of COVID-related treatment and prophylactic evidence that is everywhere if you’re willing to look for it.

Because this negligence may well be the reason for millions of deaths, hospitalizations, untold misery, and the disruption of entire societies and economies. When will we hold the willfully blind and dumb feet to the fire for causing all this?

The new use for abandoned oil rigs

As offshore oil and gas platforms come to the end of their working lives, the remarkable ecosystems beneath the waves come into their own.

The grey steel girders of Platform Holly rise 235ft (72m) above the waters of the Pacific Ocean, just a couple of miles off the Santa Barbara coast. Above the water, this decommissioned oil rig is dull and lifeless, but the view below the surface is very different. Beneath the waves, colourful fish, crabs, starfish and mussels congregate on the huge steel pylons, which stretch for more than 400ft (120m) to the ocean floor.

Yellen Faces ‘Currency War’ Redux as Strong Dollar Ditched

Treasury Secretary Janet Yellen faces one more headache on an agenda packed with everything from Covid-19 relief to addressing inequality and overhauling tax policy: tensions over foreign-exchange intervention.

The dollar has tumbled 13.1% from its high last March, thanks in part to historic moves by the Federal Reserve to pump liquidity into the financial system and pull down American borrowing costs. While policy makers abroad at first benefited from U.S. action to stave off a global credit crunch, the appreciation of their currencies more recently threatens to curtail their own recoveries. So from Europe to Thailand to Chile, officials have laid out plans for sustained intervention.

World’s $10 Trillion Food System Eyes a Covid-Era Reboot

“Food systems” is one of those abstractions that for years has been largely confined to academic and policy-making circles, but in the time of Covid-19 it’s renewed a very real debate around hunger and poverty.

What essentially is a $10 trillion complex web of people and processes that ensure food travels from farm to fork is undergoing its greatest scrutiny yet. How to transform it has been a subject of all three food-focused panels at this year’s virtual Davos confab.

US economic decline not as bad as feared

The US economy shrank by 3.5% last year faring better than many other countries despite the heavy economic toll caused by the pandemic.

However growth slowed in the last three months of the year, as a resurgence of virus cases prompted a fresh pullback in activity.

Output increased at an annual rate of 4% in the last three months of 2020.

2020 was the worst year for economic growth since World War II

The U.S. economy shrank by 3.5 percent in 2020 as the coronavirus pandemic ravaged factories, businesses and households, pushing U.S. economic growth to a low not seen since the United States wound down wartime spending in 1946.

Overall, the economy was surprisingly resilient in the second half of the year, given the falloff at the start of the public health crisis, according to data released Thursday from the Bureau of Economic Analysis. Yet, the 1 percent growth in the fourth quarter signaled a faltering recovery and a long road ahead, with 9.8 million jobs still missing and 23.8 million adults struggling to feed their families.

Gold & Silver

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to dd@peakprosperity.com. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the “3 Es.”

The post Daily Digest 1/28 – US economic decline not as bad as feared, Criminal COVID Negligence appeared first on Peak Prosperity.

from Peak Prosperity https://ift.tt/39w3qWf

Central Banks Created Niagra Falls Of Printed Money And Debt, Gushing Down Chaotically All Over The World

Central banks have created a Niagra Falls of printed money and debt, gushing down chaotically all over the world.

The post Central Banks Created Niagra Falls Of Printed Money And Debt, Gushing Down Chaotically All Over The World appeared first on King World News.

from King World News https://ift.tt/3t7sCtW

It’s Almost Over with Darryl R. Schoon

Yes, we’re talking about the global financial system. Darryl R. Schoon and I have been awaiting this collapse for many years. The people running it have been outright masterful in prolonging its existence. They defied the odds many times over, much like motorcycle stunt driver Evel Knievel. He lived far longer than any life insurance underwriter could have forecast. And yet, eventually it was his time to go. And so too our global financial system. What will come next? We can only guess. But as Darryl says often, “Have gold, have silver and have faith!” And of the three faith is the most essential for your survival. And while you’re at it, order some C-60. They used to feed it to rats, to test it out, but when the rats started living way longer than average rats, the study was quickly stopped. Click here to order.

Sign up (on the right side) for the free weekly newsletter.

from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/39svpGq

The Mother of All Margin Calls with Nick Santiago (Ep #198)

For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring you up to date on the latest market developments. Nick will be sharing trades and concepts and discussing current trends.

[ Watch & Download This Video on Vimeo ]

Sign up (on the right side) for the free weekly newsletter.

from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/3otQuV5

STOCK WARS! The People Rise Up Against Wall Street

An epic David-vs-Goliath battle has erupted on Wall Street.

And it may just change the future of investing, helping to tilt the playing field away from the huge unfair advantage the banking cartel has enjoyed for decades.

In case you’ve been sleeping under a rock for the past week: millions of individual investors have banded together using Reddit chat boards, Twitter and other forms of social media to wage concentrated attacks against large hedge funds who were recklessly (and possibly illegally) over-shorting the stocks of weak companies.

This has resulted in a series of “Infinite Short Squeezes” that has rocketed the prices of previously-troubled stocks like GameStop (GME) and AMC Entertainment Holdings (AMC) by thousands of percent over the past two weeks, creating massive losses for the over-exposed hedge funds — a number of whom now find themselves at risk of insolvency from the damage.

Famed researcher Jim Bianco joins us this week to break down exactly what’s going on here, which is a much bigger story than just the recent crazy price action. The Wall Street model is becoming disrupted by new technologies and an emerging collective ‘people power’ that threaten to strip the banking cartel of the unfair power it wields. And rather than lean into the change and evolve its model, the cartel is stubbornly resisting and instead trying to crush the agents of change.

We have seen this desperate denial from a dying regime many times throughout history, and it always ends the same. We only need look at how the taxi medallion cartel failed to stop the Uber/Lyft rideshare model for a recent example.

Of course, this breakout of hostilities only adds to the volatility of a market tenuously holding on to the highest asset price valuations on record. Will the turbulence act as a catalyst to the massive correction more and more veteran experts are predicting?

Which is why now, more than ever, is the time to partner with a financial advisor who understands the nature of the risks and opportunities in play, can craft an appropriate portfolio strategy for you given your needs, and apply sound risk management protection where appropriate:

Anyone interested in scheduling a free consultation and portfolio review with Mike Preston and John Llodra and their team at New Harbor Financial can do so by clicking here.

And if you’re one of the many readers brand new to Peak Prosperity over the past few months, we strongly urge you get your financial situation in order in parallel with your ongoing physical resilience preparations.

We recommend you do so in partnership with a professional financial advisor who understands the macro risks to the market that we discuss on this website. If you’ve already got one, great.

But if not, consider talking to the team at New Harbor. We’ve set up this ‘free consultation’ relationship with them to help folks exactly like you.

SCHEDULE YOUR FREE CONSULTATION

The post STOCK WARS! The People Rise Up Against Wall Street appeared first on Peak Prosperity.

from Peak Prosperity https://ift.tt/3pxGcEG

NO SILVER LIQUIDITY IN LONDON: This “Could Destabilize All Gold & Silver Contracts” As Reddit Silver Short Squeeze Continues

As the price of gold surges over $30 and the price of silver soars 6.5%, it appears there is no liquidity in the silver market in London and that "could destabilize all PM (Gold & Silver) contracts" as the Reddit silver short squeeze continues.

The post NO SILVER LIQUIDITY IN LONDON: This “Could Destabilize All Gold & Silver Contracts” As Reddit Silver Short Squeeze Continues appeared first on King World News.

from King World News https://ift.tt/36mPtbf

Thursday, January 28, 2021

How Much Longer Before the Wolf Eats the Sheep and the Game Stops? with Lobo Tiggre

Click to read the PM Daily Market Commentary

Lobo Tiggre of the IndependentSpeculator.com joined us for a look at the end game. We could be there now, but how many people really understand it? There’s a Record number of call options out. Everybody is long, at some point reality matters, but when?Gold just got smacked down by a rate spike. But is inflation bad for gold? If inflation drives up rates, how much inflation will there be? Does the Fed really have rates locked down till 2023. There are all sorts of cracks in the system and the black swans are circling over head. As Lobo says, Doug Casey, myself and Lobo believed that the system was ending in 2010-11 and he we are a decade later asking the same questions and seeking different answers. Can they keep the illusion working indefinitely? Remember Lobo means wolf in Spanish. In the end the wolf eats the sheep.

Sign up (on the right side) for the free weekly newsletter.

from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/39uk1tH

REDDIT TRADERS TARGET SILVER: Man Who Oversees Nearly $160 Billion Says Silver May Be Poised To Skyrocket

As the Reddit army of traders target the silver market, today the man who oversees nearly $160 billion says the price of silver may be poised to skyrocket.

The post REDDIT TRADERS TARGET SILVER: Man Who Oversees Nearly $160 Billion Says Silver May Be Poised To Skyrocket appeared first on King World News.

from King World News https://ift.tt/36m7uX8

Daily Digest 1/27 – Meet the Censored: Status Coup, Average human is fatter than an elephant

Economy

Meet the Censored: Status Coup

On January 6th, Jon Farina, photographer and videographer for Jordan Chariton’s Status Coup outlet, captured horrifying images. At the Capitol, a pro-Trump mob tried to burst into the building, and a police officer who attempted to intercede was caught in a door. He cried out in pain, but the crowd was indifferent, chanting, “Heave, ho!” as they tried to break in. Farina, in the middle of the physical mayhem as photojournalists often are, caught the scene up close while 30,000 people watched the live feed.

Farina’s footage rocketed around the world, and major press outlets celebrated his work as an example of hard-hitting reporting. CNN did a laudatory story about the freelance photojournalist, with Pamela Brown asking Farina to “bring us inside the mayhem.”

Joe Biden Signs Executive Order to Make All Federal Vehicles Electric

President Joe Biden signed an executive order Monday to phase out the federal government’s use of vehicles that run on gas and replace them with ones that run on electricity.

The process is part of Biden’s “Made in America” executive order, which the president claims will create one million additional jobs in the auto industry in America.

Average human is fatter than an elephant, unique obesity study reveals

How are those New Year’s weight loss resolutions going so far? For people who need more motivation to cut the fat out of their diet, a new study finds your average elephant is probably in better shape than most humans. An international research team says, despite their massive size, zoo elephants actually carry less body fat than the average person.

The team, led by Daniella Chusyd of Indiana University, wanted to understand why Asian elephants (Elephas maximus) living in zoos had lower birth rates than their peers in the wild. Researchers say it was thought these captive elephants were overweight and this was leading to a fertility crisis among the zoo population. Such a connection is similar to what health experts see happening in overweight people.

Fed Chair Powell downplays heat in housing market as prices climb

Federal Reserve Chairman Jerome Powell downplayed significant price increases in the U.S. housing market on Wednesday, despite noting that activity in the sector is at its highest level since before the global financial crisis.

Powell said there has been a “very strong rebound” in the housing market – but some of the tightness that has led to price increases is a “passing phenomenon.”

In Battle Over GameStop Shares, Two Big Players Flinch

A David and Goliath saga is unfolding in financial markets over the stock price of struggling retail chain GameStop. On Wednesday, Goliath walked away from the battle.

Two Goliaths, actually.

A pair of professional investment firms that placed big bets that money-losing video game retailer GameStop’s stock will crash have essentially admitted defeat. The victor, for now at least, is a volunteer army of smaller investors who have been rallying on Reddit and elsewhere online to support GameStop’s stock and beat back the professionals.

Oakland airport first in US to sell COVID-19 test kits in vending machines

Oakland International Airport on Wednesday became the first airport in the nation to begin selling COVID-19 tests from vending machines.

The testing option may offer a bit of hope for an industry that has been trying to reinstall passenger confidence ever since the virus decimated travel.

Gold & Silver

Provided daily by the Peak Prosperity Gold & Silver Group

The post Daily Digest 1/27 – Meet the Censored: Status Coup, Average human is fatter than an elephant appeared first on Peak Prosperity.

from Peak Prosperity https://ift.tt/2MB7zPv

Follow the U-Hauls to Florida with Todd “Bubba” Horwitz

We’re at the top, it’s like the 1990’s. These are warning signs. Game Stop has a short squeeze. A company headed for the dustbin and it’s gone from $40 to $380. The short squeeze is on. Very reminiscent of the oil squeeze last year in oil. The ultimate chase. This is what happens when the Fed loses control. They can’t see any inflation so they just keep printing. Todd “Bubba” Horwitz is moving to Nevada from Illinois. Covid and Congress will see to bailing out the worst states. Game Stop housing. At some point hard decisions will have to be made. If Biden stays moderate we’ll survive. If he goes left we collapse and Bitcoin really takes off. Asset classes can no longer price themselves, another step towards socialism. The market is Robinhood on steroids. It always ends the same way. Watch what happens when the bubble pops. 2008 redux. We’re in a bubble right, waiting for it to pop.

Sign up (on the right side) for the free weekly newsletter.

from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/3puqZ7g

Time to Get Vaxxed? with Dr. John Huber

The world’s effort to end Covid-19 via vaccination is well under way. 10’s of millions have received their immunization or will do so shortly. Dr. John Huber believes that those most in danger from the CCP virus should be getting immunized, but he urges caution for those who have little risk. Let’s see how these people fare, before jumping into it ourselves. And there’s other vaccines on the way, including the J&J vaccine which could be less risky. Personally, I know dozens of people who have gotten it, all with limited or no side-effects. What are you planning to do?

Sign up (on the right side) for the free weekly newsletter.

from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/3qVdZI8

Reddit Breaks the Shorts with Nick Santiago (Ep #197)

Sign up (on the right side) for the free weekly newsletter.

from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/36jn1Xy

GameStop, Reddit, And A Wild Trading Day In The Silver Market

On the heels of the Reddit trading army entering the silver market, here is an update on a wild day of trading in silver.

The post GameStop, Reddit, And A Wild Trading Day In The Silver Market appeared first on King World News.

from King World News https://ift.tt/36jn9q6

Wednesday, January 27, 2021

REDDIT SILVER SHOCKER: Reddit Traders Now Targeting Silver: GameStop Traded $82.3 Billion In 4 Days, Enough To Purchase More Than 3X Entire Annual Global Silver Mine Production

The following back and forth took place regarding the Reddit Silver Shocker with one of the most respected CEOs that runs one of top performing silver companies in the world.

The post REDDIT SILVER SHOCKER: Reddit Traders Now Targeting Silver: GameStop Traded $82.3 Billion In 4 Days, Enough To Purchase More Than 3X Entire Annual Global Silver Mine Production appeared first on King World News.

from King World News https://ift.tt/3prsq6G

FOMC And Market Earthquakes, Plus Quote Of The Day

With the stock market tumbling and the US dollar rallying, we are setting up for market earthquakes.

The post FOMC And Market Earthquakes, Plus Quote Of The Day appeared first on King World News.

from King World News https://ift.tt/3a8E8wD

Stock Market Collapse Will Be Worse Than COVID Crash, Plus Why Silver Is Set To Massively Outperform

With stocks tumbling and the US dollar rallying, this stock market collapse will be worse than the COVID crash, plus why silver is set to massively outperform stocks.

The post Stock Market Collapse Will Be Worse Than COVID Crash, Plus Why Silver Is Set To Massively Outperform appeared first on King World News.

from King World News https://ift.tt/3qUqt2U

Fear is Gone, Complacency Rules, Higher Prices on the S&P 500 with Chris Vermeulen

Caution is the byword. Bonds are coming back to life and utilities are bouncing back. Defensive money is heading into safety. The markets need to take a break. Big volatility coming to the markets. The VIX can be deadly. Chris Vermeulen no longer trade it. Watch out for the Boyz. Investors have gotten slammed as a result. Will it spike that big this time? Not enough fear in the markets. When everything is more expensive than ever before, then selling could be very advantageous. You don’t have to hold stocks. If you step aside and wait for the next upturn, you’ll profit handsomely. Following investing rules is the most important thing you can do. If S&P drops below it’s 50 moving day average, it’s time to unload. Precious metals are going nowhere. They’re at the bottom of Chris’s list. Mining stocks have lost their momentum. Long term is still bullish. Short term, they’re dead money. Buy signal in tech. Some of the tech industries are in the midst of large moves. Even the solar sector gave a new buy signal today. Interests are likely to drift for the present.

Sign up (on the right side) for the free weekly newsletter.

from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/3t0DSs0

Don’t Outlive Your Money in Retirement with Mark Singer

As president of Safe Harbor Retirement Planning, Mark Singer has served as a relentless retirement guide to thousands of individuals since 1986. The secret to his longevity has been asking the questions other advisors simply don’t ask; it allows him to make the best decisions for each client’s unique situation and ensure retirement success. Take the least amount of risk to provide the cash flow you need for retirement. Mark is a former radio talk show host, is an author, and has become the go-to financial educator in the media. His most recent book Don’t Outlive Your Money in Retirement! 7 Key Steps, unveils the step-by-step process used to help maximize the retirement journey. Mark has been featured in the Wall Street Journal, ABC news.com, FOXNews.com, and Bloomberg Radio, as well as locally (Boston) on NECN and WRKO. He is also a multiyear recipient of Boston Magazine’s 5 Star Wealth Manager Award.

Sign up (on the right side) for the free weekly newsletter.

from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/39m3V4Z

GameStop Only Goes Up, Buy the Dippers with Nick Santiago (Ep #196)

Sign up (on the right side) for the free weekly newsletter.

from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/36d694X

CopperBank’s 10-Bagger Strategy Explained by CEO Gianni Kovacevic

from Mining Stock Education

CopperBank Resources Corp. (CSE:CBK – FWB:9CM – OTCQX:CPPKF) founder and CEO Gianni Kovacevic and his team strategically built CopperBank to maximize shareholder value in a copper bull market. CopperBank has consolidated world-class copper properties and offer a unique “pounds in the ground” copper investment vehicle. The company’s strategy is to accretively advance its portfolio while managing the core business like owner operators and vehemently protecting the value offering on a per share basis. Due to CopperBank’s low overhead model and established suite of projects, it has one of the lowest G&A operating budgets of any publicly listed company in Canada. Management of CopperBank have demonstrated intensive insider buying distinguishing its brand as one of the most insider-supported companies in North America.

Gianni Kovacevic is a renowned expert on incumbent energy systems and a sought-after strategist in the divestment movement. He has invested over 20,000 hours of research and experience in the analysis of the natural resource sector. His specific expertise on copper markets has brought him to lecture at institutions and think-tanks around the world. An avid proponent of realistic environmentalism, Gianni is frequently interviewed by the media and his new book, My Electrician Drives a Porsche? was published in 2016 and is available in multiple languages at book sellers everywhere. Gianni is a graduate of electrical studies from The British Columbia Institute of Technology, fluent in English, German, Italian and Croatian, he is a founding member of the CO2 Master Solutions Partnership and a co-founder of CopperBank.

Register for the upcoming live webcast (Thurs Feb 11^th at 2pm ET) where Gianni Kovacevic will present on the macro fundamentals of the global copper market as well as take specific questions about CopperBank.

Click to read the PM Daily Market Commentary

Sign up (on the right side) for the free weekly newsletter.

from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/3a5EdkI

Tuesday, January 26, 2021

Daily Digest 1/26 – Powell, With Year to Run at Fed, Aims to Avoid Past QE Mistake, Unemployed Supertankers Are About to Get Junked on Asia’s Beaches

Economy

Unemployed Supertankers Are About to Get Junked on Asia’s Beaches

Covid-19 is destroying the market for supertankers that deliver about a fifth of the world’s crude oil. The result is likely to be booming trade on the beaches of Bangladesh, India and Pakistan, where obsolete ships go to get blow-torched and sold for scrap.

Last week, the 1,200-foot vessels plying the industry’s busiest trade route — from the Middle East to Asia — effectively had to subsidize the delivery of cargoes because of how large the surplus of ships has grown.

New COVID-19 therapy could be ’30 times more potent than Remdesivir’

A UCSF-led science team may have found another breakthrough drug treatment to fight COVID-19, as first reported by the San Francisco Chronicle. Studies have shown that small concentrations of Aplidin, a drug created using an extraction from a marine creature called Aplidium albicans, killed the virus in both infected human lung cells and analogous cells from monkeys.

The study, which has been published in the journal Science, shows that the “sea squirt” found off the coast of Ibiza could be “almost 30 times more potent than Remdesivir,” the Chronicle reported. While not yet approved to treat patients with COVID-19, if proven effective this treatment would be a welcome addition to the still small amount of antiviral drugs available to treat the disease.

Health Workers Still Face Shortages Of Critical Medical Supplies

Since the start of the coronavirus pandemic, personal protective equipment, or PPE, has been in short supply. Exam gloves currently top the ever-changing list. What’s holding up the supply?

Over 8M Americans have fallen into poverty as COVID-19 relief benefits expired

More than 8 million Americans fell into poverty over the past six months as social safety measures put into place at the start of the coronavirus pandemic expired, according to a new study published this week.

The report, released by economists at the University of Chicago and University of Notre Dame, found that the nation’s poverty rate increased by 2.4 percentage points between June and December, surging from 9.3% to 11.8%. An additional 8.1 million people are now considered poor.

Biden commerce pick promises ‘aggressive’ stance against China when asked about aluminum, steel tariffs

President Biden‘s Commerce Secretary nominee, Gina Raimondo, vowed to take a tough stance to protect American interests, including taking “aggressive” measures to combat Chinese practices that she believes hurt American workers.

At her confirmation hearing before the Senate Commerce Committee on Tuesday, Raimondo was quick to discuss her approach to China, addressing the issue in her opening remarks.

Powell, With Year to Run at Fed, Aims to Avoid Past QE Mistake

Federal Reserve Chair Jerome Powell heads into what could be his last year atop the central bank determined not to repeat the mistake he made when he was a neophyte monetary policy maker seven years ago.

Then a Fed governor, Powell was among those leading the charge to scale back the central bank’s quantitative-easing program — a stance that led to the economically debilitating and market-wrenching taper tantrum of 2013.

They Found a Way to Limit Big Tech’s Power: Using the Design of Bitcoin

Jack Dorsey, Twitter’s chief executive, publicly wrestled this month with the question of whether his social media service had exercised too much power by cutting off Donald J. Trump’s account. Mr. Dorsey wondered aloud if the solution to that power imbalance was new technology inspired by the cryptocurrency Bitcoin.

When YouTube and Facebook barred tens of thousands of Mr. Trump’s supporters and white supremacists this month, many flocked to alternative apps such as LBRY, Minds and Sessions. What those sites had in common was that they were also inspired by the design of Bitcoin.

Gold & Silver

Provided daily by the Peak Prosperity Gold & Silver Group

The post Daily Digest 1/26 – Powell, With Year to Run at Fed, Aims to Avoid Past QE Mistake, Unemployed Supertankers Are About to Get Junked on Asia’s Beaches appeared first on Peak Prosperity.

from Peak Prosperity https://ift.tt/2M8GDqv

David Hume’s Market Secret in 2021—The End of “Luxurious Languor”

Here is a look at David Hume's market secret in 2021 and more.

The post David Hume’s Market Secret in 2021—The End of “Luxurious Languor” appeared first on King World News.

from King World News https://ift.tt/3aamokr

Special Invite to a Live Dr. Pierre Kory Webinar

There’s going to be a major webinar presented by Dr Pierre Kory to a consortium of CEOs that comprise a very powerful region (So Cal) of a global organization called YPO. After it’s been recorded, this webinar will be made available to the wider CEO universe (some 25,000 strong) that are members of this organization. ...

The post Special Invite to a Live Dr. Pierre Kory Webinar appeared first on Peak Prosperity.

from Peak Prosperity https://ift.tt/3pmPxzg

Earnings, Earnings, Earnings with Nick Santiago (Ep #195)

Sign up (on the right side) for the free weekly newsletter.

from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/39jSkn9

He Loves CO2 with Gregory Wrightstone

Gregory Wrightstone is executive director of the CO₂ Coalition, and author of #1 Amazon bestselling book Inconvenient Facts… The Keystone XL Pipeline has been canceled by the Biden Admin. It’s a giant step backward towards energy dependence. Decreased oil production will lead to increased imports from the Middle East. Gregory explores the difference between erosion and rising sea levels. He also explains why increased CO2 is good for the world and rising food production. Everything you thought you knew about climate change is clearly wrong.

Sign up (on the right side) for the free weekly newsletter.

from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/2M9X4Tv

Gold, Inflation And Peak Central Bank

As we near the end of the first trading month of 2021, here is a look at gold, inflation and peak central bank.

The post Gold, Inflation And Peak Central Bank appeared first on King World News.

from King World News https://ift.tt/39gUnsb

Monday, January 25, 2021

Big Picture Outlook For 2021

Here is the big picture outlook for 2021 from one of the greats in the business.

The post Big Picture Outlook For 2021 appeared first on King World News.

from King World News https://ift.tt/3iKsUCn

The Games Don’t Stop Here with John Rubino

Click to read the PM Weekly Market Commentary

John Rubino returns… Goldman Sachs warns of a dangerous bubble in 39 hot stocks. Bridgewater’s Dalio sees U.S. divided, in ‘terrible financial state.’ It’s a bubble now, it’s official. Microsoft and Sony are coming out with new consoles so Game Stop is of course taking off to the moon! Robinhood traders love Game Stop, time to get out? Does it have a future? This is what happens when markets are over hyped and excitied. You never know in a bubble market. Bubble is all over the place. New all-time low junk bond yield. U.S. corporate buybacks are on the rise. Goldman’s clients are freaking out about a stock bubble they list 39 bubble stocks! Is selling pressure beginning to percolate? Remember the market can stay irrational longer than you can stay solvent. More stocks are trading 10 times sales now than in1999, the last time it happened. Beyond any previous bubble. A market takes the escalator up and the elevator down. The stay at home stock bubble, doing great as long as the lockdowns continue, ie Netflix.

Sign up (on the right side) for the free weekly newsletter.

from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/3aisfV1

Daily Digest 1/25 – Janet Yellen Clarifies Her Stance on Bitcoin, California Gov Lifts COVID Stay-At-Home Order

Economy

California Gov Lifts COVID Stay-At-Home Order; Dr. Fauci Worries Jabs Won’t Stop Mutant Strains

It’s already mid-morning on Monday and it’s already turning out to be an interesting week for COVID-19 news. Following a WEF panel earlier this morning where Dr. Fauci heaped blame for any failures in fighting COVID on President Trump, California Gov Gavin Newsom on Monday said he plans to lift some regional stay at home orders.

Newsom is expected on Monday to lift regional coronavirus stay-at-home orders across California, a change that could allow restaurants and gyms in many counties to reopen outdoor dining and any other services.

The stock market is at or near the most-expensive levels ever by most measures. When will it matter?

Stocks are richly valued today, but they’ve been more expensive at times in the past. High valuations imply unimpressive long-term returns, but they have no relationship at all to how the market does in a given year.

Even a pricey stock market can be made to look reasonable when compared to certain other assets. And there’s a big difference between a market that’s pricing in a lot of good news and a genuine bubble.

Quebec researchers say they have found an effective drug to fight COVID-19

MONTREAL — A team of researchers from the Montreal Heart Institute believe they have found an effective weapon against COVID-19: colchicine, an oral tablet already known and used for other diseases.

For Dr. Jean-Claude Tardif, who led the study, this is a “major scientific discovery,” he said. Colchicine is the first “effective oral drug to treat out-of-hospital patients.”

Stocks Are Doing Something They Haven’t Done Since The Dot Com Bubble

With 66 S&P 500 companies, representing 22% of S&P 500 earnings, having already reported Q4 earnings, there was some good, some not so good, and some downright bizarre news this earnings season.

Yellen: Offshoring tax penalty would incentivize US companies to ‘create and maintain jobs at home’

President Biden’s nominee for treasury secretary, Janet Yellen, said Thursday that the president’s “offshoring tax penalty” would incentivize U.S. companies to “create and maintain jobs at home.”

The tax penalty, which would establish a 28% corporate tax rate and 10% offshoring penalty tax on U.S. goods and services produced overseas, is part of Biden’s “Made in All of America” plan to bring manufacturing jobs back to the U.S. and encourage purchases of U.S.-made products.

Is It Almost Over: US Sees Record One-Day Drop In COVID Hospitalizations

In the last few days – really since the BIden inauguration – we have seen declarations of victory over covid across the board, from the likes of Dr. Fauci who yesterday said that coronavirus infections may be about to hit a “plateau“, to Wall Street, where Bank of America yesterday declared “The Beginning Of The End Of The COVID Crisis.”

In its chart of the day, BofA showed that the US is now clearly over the hump, with 142,000 COVID cases in the US on Monday, down 32% from the prior Monday with the seven day average also dropping to 209,000, down 16% from the peak on January 8th.”

Biden’s Student Loan Freeze Shows Path to Erase Billions of Debt

Thanks to vagaries of the accounting world, Donald Trump’s administration had a chance in the final weeks of the presidential race to cancel more than $200 billion of student loans with no immediate hit to the Department of Education’s massive portfolio. Yet it didn’t do it.

Now, perhaps Joe Biden will.

For years, bean counters at the department have been writing down the value of its $1.4 trillion portfolio of student debt as they adopted ever-more-pessimistic views of how much borrowers will repay. In September, the analysts made their biggest adjustment yet, valuing loans at just 82 cents on every dollar owed, down from 104 cents in 2015, records show. The debt is now worth $258 billion less than the amount outstanding.

‘Fat but healthy’ is a myth, new research on weight and heart health concludes

Beauty may be in the eye of the beholder, but when it comes to health, a new study finds excess fat is never in fashion. Researchers with the European Society of Cardiology say the idea of being “fat and healthy” is a myth. They say the theory that staying active can counteract the negative effects of obesity is false and even overweight people who exercise still suffer from poorer heart health.

The notion that weight has less bearing on overall health is championed by the body positivity movement, which seeks to end the stigma surrounding being overweight. While fresh analysis of data on more than 520,000 adults does suggest exercise helps to reduce the odds of developing hypertension and diabetes, researchers find being overweight still significantly raises the risk of heart attack and stroke.

Janet Yellen Clarifies Her Stance on Bitcoin — Promises ‘Effective’ Crypto Regulation

Janet Yellen clarified her position on the regulation of cryptocurrencies in a written testimony published Thursday following the Senate hearing on her nomination as the Treasury Secretary. During the hearing, Yellen made some statements regarding cryptocurrencies which were heavily criticized as being inaccurate.

The finance committee began by briefly describing the benefits and risks of bitcoin and other cryptocurrencies. “Bitcoin and other digital and cryptocurrencies are providing financial transactions around the globe, like many technological developments, this offers potential benefits for the U.S., and our allies,” the written testimony reads. “At the same time, it also presents opportunities for states and non-state actors looking to circumvent the current financial system and undermine American interests. For example, the Central Bank of China just issued its first digital currency.”

Energy

Biden energy secretary pick, Jennifer Granholm, draws scrutiny for millions in energy investments

President Biden‘s pick to lead the Energy Department, Jennifer Granholm, has disclosed millions of dollars in stock options across a broad spectrum of businesses, including more than $1 million in an electric vehicle and battery maker set to go public later this year.

The former two-term Michigan governor and her husband, Daniel Mulhern, reported owning between $4.4 million to $16.8 million in corporations and private assets such as real estate holdings, according to a financial disclosure form released Monday by the Office of Government Ethics. Federal officials report a broad range for their wealth but not exact amounts.

History made: Renewable energy surpassed fossil fuels for European electricity in 2020

Europeans got more of their electricity from renewable sources than fossil fuels for the first time last year, according to an annual report from Ember and Agora Energiewende.

The report, which has been tracking EU’s power sector since 2015, found that renewables delivered 38% of electricity last year, compared to 37% delivered by fossil fuels.

Biden administration suspends new oil and gas permits, leases for 60 days

The Biden administration has halted new oil and gas leasing and drilling permits for U.S. lands and waters for 60 days.

The suspension is part of a wider review of programs and policies that former President Donald Trump implemented during his administration, particularly those pertaining to energy and the environment. President Biden also rejoined the Paris climate accord and revoked approval of the Keystone XL oil pipeline.

Gold & Silver

Provided daily by the Peak Prosperity Gold & Silver Group

The post Daily Digest 1/25 – Janet Yellen Clarifies Her Stance on Bitcoin, California Gov Lifts COVID Stay-At-Home Order appeared first on Peak Prosperity.

from Peak Prosperity https://ift.tt/2M3GTHp

Stocks Gone Wild with Nick Santiago (Ep #194)