Author Archive: GoldSilverWorlds

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Fake Leadership, Fake News… Even Fake Gold Dealers

Fake Leadership, Fake News… Even Fake Gold Dealers

Jim Rickards on the War on Gold, the Coming China Collapse & War w/ North Korea Your browser does not support the podcast player element. DOWNLOAD MP3 Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up we’ll hear the second half of my two-part interview with Jim Rickards, author and well- connected global finance insider.  Jim shares his thoughts on the ongoing War on Cash, the developing War on Gold and how that will play out, and talks about the ticking time bomb in the Chinese economy and what it means for the U.S. stock market.  Don’t miss the amazing conclusion of my conversation with Jim Rickards, […]

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Considering Switching Your IRA – Make Sure You Do It Properly Or It Could Be An Expensive Decision

Considering Switching Your IRA – Make Sure You Do It Properly Or It Could Be An Expensive Decision

The fact that you are reading this post shows that you are a focused individual who cares about their retirement. This may seem like a strange comment to make, but the vast majority of workers simply pay in money to their retirement accounts and let their chosen company manage the investment. In our opinion, this is a bad idea, even if your chosen company is doing an excellent job at the end of the day that money is still your retirement pot, and nobody else will care as much about it as you do. With the recent volatility in the stock market, many people have been contemplating switching at least […]

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Louisiana Ends Sales Tax on Gold & Silver Bullion

Louisiana Ends Sales Tax on Gold & Silver Bullion

Louisiana Governor John Bel Edwards Signs House Bill 396 to Remove Sales Tax from Certain Precious Metals Baton Rouge, Louisiana — Sound money advocates rejoiced as Governor John Bel Edwards signed House Bill 396 into law in recent days. HB 396, which passed in the Louisiana state house and senate earlier this month by overwhelming majorities, removes state sales taxation of precious metals, specifically gold, silver, and platinum coins and ingots. Representative Stephen Dwight (R-Lake Charles) and Representative Mark Abraham (R-Lake Charles) introduced HB 396 with the goal of encouraging precious metals purchasers to keep more of their investment dollars inside the state rather making investments elsewhere. The bill impacts […]

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Jim Rickards Exclusive: Dollar May Become “Local Currency of the U.S.” Only

Jim Rickards Exclusive: Dollar May Become “Local Currency of the U.S.” Only

Your browser does not support the podcast player element. DOWNLOAD MP3 Mike Gleason: It is my great privilege to be joined now by James Rickards. Mr. Rickards is editor of Strategic Intelligence, a monthly newsletter, and Director of the James Rickards Project, an inquiry into the complex dynamics of geopolitics and global capital. He’s also the author of several bestselling books including The Death of Money, Currency Wars, The New Case for Gold, and now his latest book The Road to Ruin. In addition to his achievements as a writer and author, Jim is also a portfolio manager, lawyer and renowned economic commentator having been interviewed by CNBC, the BBC, […]

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Gold and Silver Are “Asymmetric” Trades

Gold and Silver Are “Asymmetric” Trades

An asymmetric trade is a situation where investing a relatively small amount of money holds the potential of yielding a profit many times the amount of the original sum at risk. In other words, where the risk to reward is skewed massively in the direction of reward. This took place recently with Bitcoin (BTC). Is this conceptually different from bets made years ago on Microsoft, Cisco, Amazon, or Facebook, which yielded hundreds of percent profit to intrepid investors? Does it have relevance to the possible returns during the next few years for those who hold physical gold and silver? I would answer “yes” and “yes.” The current “mania” in the […]

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How Precious Metals Can Help Protect Your Wealth from Hackers

How Precious Metals Can Help Protect Your Wealth from Hackers

Could your wealth be hacked? It’s a threat most investors overlook. But they do so at their own peril. If elections can be hacked, then so can bank and brokerage accounts, as well as any online platforms for digital currencies. More than five months into Donald Trump’s presidency, the “Russia hacked the election” conspiracy theories still won’t go away. They’re expanding to also implicate Russian hackers for meddling in elections in France and elsewhere. The latest Russian hacking story centers on Qatar. According to the Guardian, “An investigation by the FBI has concluded that Russian hackers were responsible for sending out fake messages from the Qatari government, sparking the Gulf’s […]

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INFOGRAPHIC – 31 Incredible Facts about Gold

INFOGRAPHIC – 31 Incredible Facts about Gold

There is always more to learn about gold which is a rare, indestructible metal which can store your wealth.  There are many aspects to gold beyond the bullion investment market.  It has an extensive history. This infographic  covers many incredible facts about gold.  It covers how gold is created, how much gold an average human body contains, how much gold is in a domestic sewer system, and also details about the earliest known gold relics which have been discovered.  There are many industrial uses.  We all come into contact with gold on a daily basis through the many gold bonding wire found in our smartphones.  But, few people have any […]

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Hell Freezes Over: CFTC Finds Trader Guilty of Metals Price Rigging

Hell Freezes Over: CFTC Finds Trader Guilty of Metals Price Rigging

It must have been painfully awkward for the Commodity Futures Trading Commission (CFTC). Last year, Deutsche Bank settled a civil suit involving blatant market rigging and turned over reams of information, including chat logs and voice recordings. The trove contained plenty of damning evidence which had gone overlooked by the CFTC. CFTC investigators supposedly spent 5 years searching for illegal market manipulation, but somehow, managed to find nothing. The cheating became hard to ignore after Deutsche Bank turned over voice recordings and 350,000 pages of documents which revealed bank trading desks being run like the back office of a crooked casino. Here is one of the chat log gems between […]

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David Morgan Exclusive: Gold and Silver at Breakout Point from 6-Year Downtrend

David Morgan Exclusive: Gold and Silver at Breakout Point from 6-Year Downtrend

Your browser does not support the podcast player element. DOWNLOAD MP3 Mike Gleason: It is my privilege now to welcome in our good friend David Morgan of The Morgan Report. David, it’s always a real pleasure to have you on with us and I’m especially excited to talk with you about some of the topics we’ve got on tap today. How are you? David Morgan: I’m doing well Mike, thank you very much. Mike Gleason: Well, as we begin here David, I want to talk to you about the danger of complacency because I think it’s a very appropriate topic for the times we’re in right now. To you and […]

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How Would Markets React If Trump Is Actually Forced Out of Office?

How Would Markets React If Trump Is Actually Forced Out of Office?

Donald Trump’s policy agenda – and his very presidency – are in jeopardy… …at least if you believe the chatter on cable television. Yes, for weeks now, the big media outlets have been stirring up talk of impeachment. One narrative after another – Russia, Comey, Kushner, etc. – yet no conclusive evidence of any “high crimes and misdemeanors.” Still, Democrats in Congress smell blood in the water… and they have readied articles of impeachment for introduction as soon as an opportunity presents. But investors don’t seem particularly concerned about the implications of political turmoil intensifying in Washington. The stock market keeps edging higher with minimal volatility. The only hint of […]

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Michael Pento Warns of Exploding Debt, Inverted Yield Curve, and Then “Economic Armageddon”

Michael Pento Warns of Exploding Debt, Inverted Yield Curve, and Then “Economic Armageddon”

Your browser does not support the podcast player element. DOWNLOAD MP3 Mike Gleason: Michael, how are you today? Welcome back. Michael Pento:  I’m doing fine, Mike. Thanks for having me back. Mike Gleason:  When we had you on last you commented that you believed the market was pricing in President Trump getting virtually all of his policy agenda pushed through Congress, the tax cuts, repealing Obamacare, and so forth. To say Trump has encountered some resistance in Washington would be a major understatement. The establishment of the right doesn’t seem to like him. The left and the mainstream media of course hate him. So, Michael before we get into the […]

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Forget about Fake News… Let’s Talk about Fake Markets

Forget about Fake News… Let’s Talk about Fake Markets

The U.S. and other nations with “free market” economies got credit for defeating the communists in Russia. That is ironic, because it is now more clear than ever that western leadership actually shares the Soviet inclination for central planning, and they have been increasingly intervening in our markets since the collapse of the USSR. Our officials make economic policy as if healthy markets must be planned and coerced, much like the politburo. Some of this policy is created and run in the open; the government bailouts, Quantitative Easing, and zero interest rate policy, for example. Other programs are more secretive. Investors know the “Plunge Protection Team” exists to be the […]

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Are Gold Traders Too Complacent?

Are Gold Traders Too Complacent?

While geopolitical events continue to create market anxiety, gold prices are unlikely to surge higher according to the options market.  In fact, gold options volatility, reflected by the CBOE’s gold implied volatility index GVZ, is nearing a 7-year low, which was last hit, in mid-March.  Current levels reflect market complacency. While it appears that gold prices are sliding sideways waiting for the next impetus to drive them higher or lower, the decline in implied volatility ahead of the French and British elections in May and June respectively reflect that gold option traders believe the status quo is the likely outcome. Just as a refresher, implied volatility is the markets estimate […]

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MEDIA STUDY WARNS: Don’t Trust Us Dummies with Your Gold

MEDIA STUDY WARNS: Don’t Trust Us Dummies with Your Gold

The astounding results of a groundbreaking, scientific study just released, the first of its kind we know of, confirms a lot we’ve suspected about mainstream journalists. Journalists are different than the rest of us. Researchers found journalists’ brains just don’t work as well as yours and mine. That’s a polite way of saying journalists are dumber than you and I. The study flatly says journalists have less brain power than others to “regulate emotions, solve complex problems… and think flexibly and creatively,” although study findings say they are no more stressed than the average worker. That means they understand less about what’s going on than you and I. It also […]

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