Gold sharply up as U.S. stocks plummet in high volatility

Gold sharply up as U.S. stocks plummet in high volatility

Mar 5, 2020 | Gold

Gold prices are sharply higher in midday U.S. futures trading Thursday, on keen safe-haven demand as the U.S. stock market is sharply down on the day. The coronavirus outbreak continues to roil the global marketplace. April gold futures were last up $24.30 an ounce at...
New Calls for Central Bank Intervention on Coronavirus Panic

New Calls for Central Bank Intervention on Coronavirus Panic

Feb 28, 2020 | World News

Well, what a tumultuous week it’s been in the markets. Fortunately for investors who have diversified into gold, it’s been a bit less tumultuous than for those who are overexposed to stocks. Wall Street is suffering its most severe weekly drop – more than 15% as of...
The Greatest Depression Just Began. This is no Drill

The Greatest Depression Just Began. This is no Drill

Feb 27, 2020 | Economy

Exactly a month ago I warned that the Corona Virus outbreak was going to pop the “Everything Bubble.” I did something fairly subtle. I buried my main message under a whole heap of cow manure. It doesn’t make a rat’s ass if I was right or wrong about calling for a...