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17 Feb 2022 2 minute read 3 comments SweptOverNiagara
The Russia, Russia, Russia rhetoric amplified again this morning, sending investors back into gold which topped at $1,901 just after noon today. There are reports of minor clashes between Ukrainian forces and Russian backed rebels. U.S. Secretary of...
16 Feb 2022 3 minute read 2 comments SweptOverNiagara
Ian Telfer, who spent a lifetime in the mining business and is the former Chairman of GoldCorp had this to say back in 2018, "If I could give one sentence about the gold mining business, it’s that in my life, gold produced from mines has gone up pre...
15 Feb 2022 5 minute read 5 comments SweptOverNiagara
OWNx is a precious metals dealer that allows you to buy precious metals online directly through your linked bank account. You can choose to take immediate delivery or keep your metals safely stored at one their highly secure locations or cash out any...
12 Feb 2022 2 minute read 4 comments SweptOverNiagara
It's truly shocking to see year over year price inflation across the board from January, 2021 to January, 2022. The numbers below are for the USA but I'm sure this is being felt all around the world. It's gotten so bad that the Federal Reserve is hol...
9 Feb 2022 2 minute read 3 comments SweptOverNiagara
Most people don't understand what hyper-inflation or deflation is. Even experts have confused themselves trying to describe it. Some believe that rising costs of food, gas, shelter, etc., is inflation and in a way it is but it has to do with currency...
7 Feb 2022 2 minute read 0 comments SweptOverNiagara
I've mentioned in previous posts that I'm a big believer in silver and encourage everyone to own at the very least, a few ounces worth of silver coins (or bars). I got wind from an article released today on Kitco News reporting that the U.S. Mint sol...
7 Feb 2022 4 minute read 2 comments SweptOverNiagara
Last week, Facebook suffered the biggest one day loss in history totaling $195 Billion. This amounts to the size of three General Motors. I can tell you that General Motors produces a lot more than Facebook (which recently change their hated name to...
13 Jan 2022 4 minute read 8 comments SweptOverNiagara
Yesterday, CPI (Consumer Price Index) stats were released in the USA which shows that for the month of December, annual inflation hit 7.04%, increasing from 6.1% in November and the highest in 39 / 40 years. Yet, according to John Williams over at Sh...
10 Jan 2022 2 minute read 0 comments FX Empire
What a way to kick off 2022! Investors marched into the new year with a renewed sense of confidence as concerns over the Omicron variant eased. European shares hit a record high in the first session after Christmas and Wall Street followed their lea...
7 Jan 2022 2 minute read 1 comment SweptOverNiagara
Today, I'd like to do a comparison of hard assets known as commodities. These commodities are divided into three groups: energy, agricultural and metals. Their prices can fluctuate wildly on a daily / hourly basis as they are traded on the open marke...
