You’ve probably heard people say gold is real money, but what does that actually mean? Is there some fundamental difference between gold and the green pieces of paper stuffed in your wallet that we call money? As investment guru Doug Casey put it, “The dollar is, technically, a currency. A currency is a government substitute […]
Why is Gold a Better Form of Money Then Paper?
As Asia regains its appetite for gold, production in the region appears to be dropping. The trend could ultimately have an impact on global markets. According to a rare report issued by the China Gold Association, the country’s first quarter gold production dropped 9.3% year-on-year, falling from 111.563 tons in Q1 2016 to 101.197 tons […]
Chinese Gold Production Plummets as Demand Increases
Most people have nightmares about finding themselves onstage in front of an audience with no idea what they're doing. Perhaps an even worse fear is finding yourself naked (or nearly so) in public.
Mash those two phobias together and you pretty much get how last weekend went for me.
from Financial Survival Network
John Rubino notes that 2016 turned out to be a pretty decent year, economically speaking anyway. The latest 2017 economic numbers are decidedly downcast. Can Trump’s proposed tax plan fix it? The current recovery has been going on for 9 years, almost a life time. A recession now would lead to even higher deficits and more pressure on the Fed and the government. Eventually, there will be a day of reckoning. It’s not if, but when. A recession will bring us that much closer. If the US doesn’t grow than no other country will grow either.
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On the heels of the silver market being handed the 11th loss in the last 12 trading days, here is where things stand...
The post Here Is Where Things Now Stand In The Silver Market appeared first on King World News.
Silver has traded lower for 11 out of the last 12 trading days, while the gold market was hit with more paper selling. King World News has repeatedly warned about the
The post Silver Trades Lower 11 Out Of Last 12 Days, While Gold Market Hit With More Paper Selling appeared first on King World News.
from Financial Survival Network
Eddie Ghabour is a bull and Trump’s Tax reform proposal has made him even more so. There’s a lot of great things contained therein: 1. Reducing corp tax rate to 15% will be a huge windfall that will get reinvested into the economy. 2. What is not talked about enough that I feel has a huge impact is the corp tax rate affects the small business in America that are pass throughs. This is huge for the small business owner. 3. Simplifying the code to 3 brackets makes a lot of sense. It’s too complicated as it stands now. 4. Doing away with AMT is another windfall that is well overdue. 5. In summary this is a pro growth tax plan that is a big change from where we stand that has the potential for big positive results. 6. If this passes I believe the bull market is here to stay for the foreseeable future. But will Congress pass it in some form?
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from Financial Survival Network
Mickey Fulp returns… Virtually all stock markets were up in April, Dow 1.3%, TSX.V down slightly, everything else keeps going up. Dollar down breaking 100 on the index, Euro up 2.3%. Rate on the 10 Year is coming back down. Bitcoin was up 22%! On the metals front, Gold was up 1.5% and silver was down almost 6. Platinum down palladium up. Dr. Copper down almost 2%. Down month for WTI and Brent -3.0%. Natgas defying the weather up nearly 6%. U308 down nearly 7%. Gold to silver ration back over 70. Platinum to Gold hits .74, very very low.
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from The Golden Rule with David Fischer
This week with David Fischer…
Get the detailed new report on Dodd Frank, The Consumer Financial Protection Bureau and President Trumps direction on these which is fresh off the press this week!!!
1. “The Coming Bail In”, the new 6th Edition
Also get: 2. ”YOUR IRA HAVING PHYSICAL METALS AND TAKING POSSESSION WITH NO TAX LIABILITY 877-448-2646 or LandmarkGold.com
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from Financial Survival Network
Joshua Martinez has been trading for 8 years and has over 16,000 hours of experience. Hasn’t had a losing month since February 2016. No losing days since February 13, 2017. He’s won on over 76% of his investments. Oil looks like its heading higher and this is good news for the Canadian Dollar. The Euro should be heading lower. Josh says with opportunities like this, it’s a great time to be investing.
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Venezuelan President Nicolas Maduro has solved the country’s economic problems! On Sunday he raised the country’s minimum wage 60%. CNN called the wage-hike “significant.” “The latest hike brings the minimum wage to 65,021 bolivares per month, up from 40,638. With an additional food stamp hike, that brings the country’s wage to 200,021 bolivares per month. […]
Venezuelan President Continues Failed Policy of Minimum Wage Hikes
It appears Asia is regaining its appetite for gold. The yellow metal has steadily been migrating from the West to the East over the last few years, with China becoming a more and more dominant player in the world gold market. Traditionally, the two biggest consumers of gold in the world are China and India; […]
Asia Regaining Its Appetite for Gold
Here is what people need to know as we kickoff trading in the month of May...
The post Here Is What You Need to Know As We Kickoff Trading In The Month Of May appeared first on King World News.