Gold Mid-Tiers’ Q3’20 Fundamentals

By Adam Hamilton – Re-Blogged From Gold Eagle

The mid-tier gold miners’ stocks are in this sector’s sweet spot for upside potential. After a spectacular run since March’s stock panic, they have been correcting since early August. That is doing its necessary work of rebalancing sentiment, paving the way for the next bull upleg. Higher prevailing gold prices have proven a huge fundamental windfall for mid-tiers, as their latest quarterly operating and financial results reveal.

Mid-tier gold miners produce between 300k to 1m ounces of gold annually, more than smaller juniors but less than larger majors. Mid-tiers are far less risky than juniors, and amplify gold’s uplegs much more than majors. Their unique mix of sizable diversified gold production, material output-growth potential, and smaller market capitalizations is ideal for outsized gains. They are the best gold stocks for traders to own.

Continue reading

The Global Reset Scam

By Alasdair Macleod – Re-Blogged From Gold Eagle

[This is a darker post than I usually send your way. It deals not only with inflation & hyperinflation but also currency collapse and what it might look like on the other side (actually quite optimistic). –Bob]

This article takes a tilt at increasing speculation about statist global resets, and why plans such as those promoted by the World Economic Forum will fail. Central bank digital currencies will simply run out of time.

Instead, the collapse of unbacked fiat currencies will end all supra-national government solutions to their policy failures. Already, there is mounting evidence of money beginning to flee bank accounts into stocks, commodities and even bitcoin. This is an early warning of a rapidly developing monetary collapse.

Continue reading

PMs: Money For the Long Haul

By John Ing – Re-Blogged From Gold Eagle
All in all, with risks of higher taxes, healthcare spending, technology regulation, climate change and a festering Trumpian Republican party, America’s reputation is taking a battering. Adding to this concern is that while inflation would be welcomed because it helps solve the government’s finances, the US dollar remains at risk. Although a weaker dollar would help US exports, already the combination of a Democrat government together with expectations of mounting twin deficits has weakened the dollar of late and the greenback has actually fallen 10% from its peak. And as the pandemic accelerates around the world, there is a move away from dollars while America’s dollar obligations keep mounting. We believe that the growing risk of more dollar deterioration could trigger an avalanche of foreign outflows which to date have financed America’s current account deficit. Borrowings more from the future is a recipe for disaster.

Fantasy from Future & Present

By GE Christenson – Re-Blogged From Gold Eagle

News From Future October 2024:

The Federal Reserve sold another $200 billion in perpetual bonds this week. These “Perps,” as the media refers to them, have no expiration date and pay interest forever, or until recalled.

Proceeds from the “Perps” sale will fund Fed-coins that are downloaded to digital wallets on government issued UBI-phones. Over 96% of adults have received UBI-phones that are loaded monthly with Fed-coin currency. The phones also track locations, movements, and spending. A second benefit is they enable contact-tracing for the COVID-19, 21, and 23 pandemics.

Continue reading

Abundant, Clean, and Safe

If you truly want to save the planet from global warming, there’s one energy source that can do it. It’s not wind or solar. It’s not coal, oil, or natural gas, either. So what is it? Michael Shellenberger, founder of Environmental Progress, has the answer in this important video.

Please watch the VIDEO

CONTINUE READING –>

The End of Women’s Sports

By Selina Soule

Selina Soule was one of the top five female high school sprinters in Connecticut… until competing against biological boys changed the game. Now, women aren’t just losing their races — they’re losing their chances to compete at all. Why is this happening? And what should we do about it?

Please watch the VIDEO 

CONTINUE READING –>

Burning Stuff

By Kip Hansen – Re-Blogged From WUWT

 

The image used here is of the charcoal-burning kilns in the Adirondacks, much of which were clear-cut in the late-1700s and early 1800s to provide timber and charcoal for the big cities of the Northeastern U.S. – particularly for New York City.

Quoting from Joel T. Headley’s “The Adirondack: or Life in the Woods” written in 1849:

“The first harvesting of the Adirondack forests began shortly after the English replaced the Dutch as the landlords of New Netherlands and changed its name to New York [September 8th, 1664] . Logging operations generated wealth, opened up land for farming, and removed the cover that provided a haven for Indians.”

 

Continue reading

Weekly Climate and Energy News Roundup #429

The Week That Was: October 31, 2020
Brought to You by www.SEPP.org
By Ken Haapala, President, The Science and Environmental Policy Project

Quote of the Week: “Quantum theory yields much, but it hardly brings us close to the Old One’s secrets. I, in any case, am convinced He does not play dice with the universe.” Albert Einstein, to Max Born (1926)

Number of the Week: 2%

Knew What? The above quote illustrates the frustration Einstein had with Quantum Physics because one cannot precisely predict what will happens in nature on the atomic and sub-atomic level. For example, one cannot precisely predict what will happen to a photon when an energized molecule emits it. The photon may go in any direction.

We have built vast industries in electronics and other fields using principles developed in Quantum Physics. These industries include transistors (including computer chips); mobile phones, laptops, tablets etc.; nuclear power; health, magnetic-resonance imaging, or MRI; lasers for DVDs, scanners at store checkouts, industrial cutting of metal, eye surgery, etc.

Continue reading

Yes, Virginia, There Is An Alternative

By Keith Weiner – Re-Blogged From Gold Eagle
On Monday the dollar had a ferocious rally, moving up from 15.87mg gold to 16.77mg and from 1.21g silver to 1.32g. In mainstream terms, the price of gold dropped about a hundred bucks, and the price of silver crashed $2.20.
One notion we’re hearing a lot now is, “there is no alternative to stocks.” Certainly, stocks have been rallying. They were up in Sunday evening (as we reckon it here in Arizona) trading. Then Pfizer announced good news for its COVID vaccine, and that seemed to be the signal to bid up stocks even more.

The Consequences Of Budget Deficits For International Trade

[Personal Note: For most of the last two weeks, I’ve been in the hospital with a kidney infection / kidney stone (3 inch diameter). I’m on the mend and the stone itself should be removed next week. Meanwhile, I’ll start to get back to posting as usual. –Bob]

By Alasdair Macleod – Re-Blogged From Gold Eagle

Introduction

Following the presidential election this week, the new President of the United States will face an economic slump. Long before the covid-19 lockdowns, economic and financial developments threatened to undermine both the US economy and the dollar.

The similarities between the situation today and the end of the roaring twenties, and the depression that followed, are enormously concerning. Both periods have seen a stock market bubble, fuelled by bank credit and an artificial monetary stimulus by the Fed. Both periods have experienced an increase in trade protectionism:  In October 1929, the month of the crash, after debating it for months Congress finally passed the Smoot Hawley Tariff Act, raising tariffs on all imported goods by an average of about 20%. In 2019, US trade protectionism against China put a stop to the expansion of international trade. These facts, which should continue to concern us, have been buried by the immediacy of the coronavirus crisis, which is an additional burden for the global economy today compared with the situation ninety years ago.

Continue reading

The Myth of Glorious Renewables

By Vijay Jayaraj – Re-Blogged From WUWT

We all love energy solutions that make life better. It is an undeniable fact that coal propelled the Industrial Revolution and led to the alleviation of poverty in the West. More recently, the oil reserves in the Middle East have made it one of the most economically developed regions in the world.

Continue reading

The Fate Of The Pound Sterling

This is the third in a series of articles focused on the outlook for major currencies. The first concluded that the US dollar is already on the path of monetary hyperinflation. The second concluded that the euro system is close to collapse as a consequence of a combination of the failure of commercial banks and the TARGET2 settlement system, likely to collapse the currency itself.

With its systemic exposure to the Eurozone, sterling is likely to be a casualty of the failure of the euro system and shares the monetary hyperinflation characteristics of the dollar. The Bank of England is copying US monetary policies and will find it increasingly difficult to prevent the pound from escaping the same fate as the dollar.

Continue reading

Remdesivir for COVID-19” Study Accidentally Proved Effectiveness of Hydroxychloroquine

By Leo Goldstein – Re-Blogged From WUWT

  • The use of Remdesivir for COVID-19 was authorized by the FDA based on a single RCT, conducted by NIAID with the participation of Gilead Sciences, the exclusive manufacturer of Remdesivir. A final report from this study was published on October 8, five months after the drug’s authorization.
  • The final report shows that at least 35% of the patients were treated with Hydroxychloroquine, probably with Azithromycin. The data in the final report suggests that Hydroxychloroquine, not Remdesivir, was the main factor benefitting the patients in this study.
  • Nothing in the study supports the hypothesis that Remdesivir is an effective antiviral for SARS-COV-19

Continue reading