Kitco News speaks with Marc Faber, editor and publisher of “The Gloom, Boom & Doom Report,” to see what he thinks of gold these days. “I don’t quite understand why anyone would be disillusioned by the movement in the gold price,” Faber says. But has the boat left the dock for gold?
WASHINGTON (MarketWatch) — Federal Reserve monetary policy should continue to focus on jobs and inflation and leave stability concerns to regulation, Federal Reserve Chairwoman Janet Yellen said on Wednesday.
“I do not presently see a need for monetary policy to deviate
The Appointment of Jean-Claude Juncker as president of the European Commission Points to the Exit for the UK
Jean-Claude Juncker is known to be a Federalist who wants most things centralized and is in favour of a pan European army, legislation and tax collection. This is a disaster for the British Prime Minister, David Cameron who had hoped to secure a better deal for Britain prior to holding a referendum on whether or not the UK should remain in the EU. The appointment of a centralist to the position of European Commissioner by a majority says it all; Britain has to grin and bear it.
By Adam J. Crawford, Analyst
The incandescent light bulb was invented in the very early 1800s, but at that time was a device too crude and impractical for mass adoption. Over the next 80 years, at least 20 inventors contributed to its improvement, until, in 1880, Thomas Edison developed and patented a bulb that would last a miraculous 1,200 hours. Edison’s product was the first to offer the levels of functionality, durability, and affordability necessary for widespread commercial appeal. That’s why he gets credit for inventing the light bulb, even though he was decades late to the party.
Some 130 years after Edison’s patent was approved,
Steve Todoruk, an Investment Executive at Sprott Global Resource Investments Ltd. since 2003, said recently positive signs were beginning to take shape for the bigger mining firms. Many of these big companies are now healthy enough to start acquiring assets, scooping up the low-hanging fruit in the sector – attractive assets or companies that are still cheap.
Many of these smaller companies are already showing signs
Declines Tempered by Signs That Inflation Picking Up in U.S.
Gold futures ended lower on Thursday as investors weighed news of potentially illegal gold-backed loans in China and signs that inflation was picking up in the U.S.
The most actively traded contract, gold for August delivery, fell $5.60, or 0.4%, to settle at $1,317.00 a troy ounce on the Comex division of the New York Mercantile Exchange.
There are a numerous contributing factors to be taken into consideration before making an investment in silver such as: supply and demand, industrial usage including solar panels, decorative jewellery, and short and long trading opportunities, price manipulation, various metrics such as silvers relationship to gold, the DOW Industrial Index, etc. The list of uses is huge and growing, so today we will look at just one of them which we think is important; the medical uses of silver.
Some of the medical uses for silver
For generations silver has been used for medical purposes
Today a man who has been involved in the financial markets for 50 years warned King World News about possible gold and silver shortages and a disastrous endgame. Embry also discussed the massive silver shorts as well as the large open interest in the silver market. Below is what John Embry had to say in this timely interview.
The following is a missive that we received from Jim Sinclair this morning, who is the host of a web site called Jim Sinclair's MineSet. The above link will take you to his site and his updates via email are free, so you have nothing to lose by signing up for them.
QE to Infinity, followed by Gold balancing the balance sheets of the sovereign balance sheet disasters. Just as there is no tool other than QE to feign financial solvency, there is no tool to balance the balance sheet of the offending entities other than Gold. It is just that simple. --Jim Sinclair