Tag Archives: economy

Brink of Totalitarianism; Get Out of the Banks, Own Physical Warns Jekyll Author

Soon the Federal Reserve will manufacture a central bank digital currency that will be internationally sanctioned, different than Bitcoin and private cryptos, says G. Edward Griffin, author of Creature from Jekyll Island and founder of the Red Pill University. The Federal Reserve has become so powerful over the years that its originally intended roles have…

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Uranium stocks have gone nuclear, here’s how to play it

Nuclear energy is seeing a major comeback with the demand for uranium stocks soaring, said Scott Melbye, Uranium Royalty Corp CEO and executive VP of Uranium Energy Corp. "Demand for uranium and nuclear generation has responded back to pre-Fukushima levels. We've seen 57 new reactors come online around the world," Melbye told Michelle Makori, editor-in-chief…

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Bitcoin price should be ‘much lower’, look for these ‘hot tokens’ instead – Clem Chambers

Current valuations for the major cryptos, including Bitcoin, are "miraculous" and prices should be much lower, said Clem Chambers of InvestorsHub.com. Chambers told David Lin, anchor for Kitco News, that there are several other tokens to look at, and in particular, the DeFi space overall has more long-term potential. Follow Kitco News on Twitter: @KitcoNewsNOW…

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Expect $30 silver price, then $50 soon after, by 2022 – Steve Penny

Once silver breaches $30, there would be minimal resistance keeping it back from hitting $50, said Steve Penny, publisher of The Silver Chartist report. Penney told David Lin, anchor for Kitco News, that $50 or even $30 an ounce for silver is unlikely to happen by the end of the year. Follow David Lin on…

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We’ve Hit a Scary Level of Systemic Risk, Banks Are Danger Zone for Your Money Says Simon Dixon

Simon Dixon, founder of Bank to the Future, an online investing platform, says that we are at a "scary level of systemic risk" and for that reason, is avoiding holding his money in banks at all costs. Dixon tells our Daniela Cambone why bitcoin is still his preferred investment vehicle and that the recent price…

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What’s the ‘true’ price of silver? How can price break out? David Morgan answers

David Morgan, editor of The Morgan Report, discusses with David Lin anchor for Kitco News, the scenarios needed for the #silver price to skyrocket, as well as tools investors can use to participate in the marketplace. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow David Morgan on twitter: @silverguru22 (https://twitter.com/silverguru22) 0:00 – SILVER'S PRICE IS…

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U.S. Economy Is on the Drastic Edge as Wells Fargo Closes Lines of Credit Warns David Morgan

Wells Fargo is shutting down all existing personal lines of credit in the coming weeks, and will no longer offer the product to customers. David Morgan of the Morgan Report speaks to our Daniela Cambone about the greater implications of the move. "It is signaling that the U.S. economy is on the edge and that…

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Gold price sees best week in 6 months

Gold rose more than $70 this week after finally cracking the psychologically important $1,800 an ounce level. Gold hit a 10-week high on much weaker-than-expected U.S. employment data, a lower U.S. dollar, and a retreat in U.S. Treasury yields. Here's a look at Kitco's top three stories. 3. After hitting the $1,800 level, analysts were…

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Global Corp. Tax: It’s Despicable, Dangerous, And It’s Going To Happen – Rick Rule (Pt. 2/2)

Watch part 1 of the interview: https://youtu.be/sW3D3rK1Vhg U.S. Treasury Secretary Janet Yellen has proposed a global minimum corporate tax rate for large companies. “We’re working with G20 nations to agree to a global minimum corporate tax rate that can stop the race to the bottom. Together, we can use the global minimum tax to make…

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‘America is dead’; why your passport could be seized by the government – Doug Casey

American values are dead, and the government sees citizens simply as subjects, said Doug Casey, who said that the decline of the country is already underway. The safest thing for investors to do, if they could, is to diversify geographically, Casey said. “Your main risk today is political, it’s political risk. Your financial risks, your…

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