What awaits us

By BTCNN 01/11/2019 At first glance, you might initially think that cryptocurrencies and precious metals have little, if anything, in common. However, to the contrary, the two can be sourced in the same basic way: through mining. "Mining" has a broad definition here, but "energy consumption" doesn't. The journal Nature Sustainability has published [...] Read more

Praia do Cassino, Brazil: Image from Wikimedia Commons. By MINING.com Editor 01/12/2019 The potential development of an El Niño in 2019 poses a risk of costs rising among miners relying on hydroelectric power generation in key Latin American markets, according to new Fitch Solutionsindustry analysis report released this week. Most state [...] Read more

BY JOHN RUBINO 01/12/2019 With the election of Donald Trump, the US right let its id off the leash. Now pretty much everything conservatives have thought but not said is finding its way to Facebook, Twitter, and the evening news. So it’s no surprise that the left, wildly envious of conservatives’ newfound rhetorical freedom, have decided that [...] Read more

Build The Welfare Wall Now By Andrew Moran 01/10/2019 There is an old tale about a small New Zealand town that was suffering from an influx of vipers. To eradicate the problem, local officials established a viper bounty, offering people money to bring in these dead snakes. It resulted in residents breeding these reptiles in their basements and [...] Read more

By Tuomas Malinen 01/11/2019 2019 has started more calmly after a very volatile year-end in the markets. Focus has been on the trade deal between China and the US and the words of the central bankers, most notably those of Jay Powell. However, this is all just a distraction, a side-show. The market volatility was only the first sign of an [...] Read more

By Patrick J. Buchanan 01/10/ 2019 In the long run, history will validate Donald Trump’s stand on a border wall to defend the sovereignty and security of the United States. Why? Because mass migration from the global South, not climate change, is the real existential crisis of the West. The American people know this, and even the elites sense it. [...] Read more

By Alasdair Macleod 01/10/2019 After two decades, the euro’s minders look set to drive the Eurozone into deep trouble. December was the last month of the ECB’s monthly purchases of government debt. A softening global economy will increase government deficits unexpectedly. The consequence will be a new cycle of sharply rising bond yields for the [...] Read more

Acacia Mining is Tanzania’s biggest gold producer and operates three major mines in the country — Bulyanhulu, Buzwagi (pictured) and North Mara. (Image courtesy of Acacia Mining.) By Ken Karuri, Bloomberg News 01/11/2019 Tanzanian President John Magufuli directed the minerals minister and central bank governor to buy some of the nation’s gold for [...] Read more

By Steve Saville 09/24/2013 The following is excerpted from a commentary originally posted at www.speculative-investor.com on 22nd September 2013. In our 18th September Update we said that the Fed's decision not to "taper" was not, in and of itself, meaningfully bullish for gold. The economic effects of $85B/month of asset monetisation are not [...] Read more

By Mac Slavo 01/10/ 2019 Russia is continuing to ramp up its efforts to move away from the American dollar. The country just shifted $100 billion of its reserves to the yuan, the yen, and the euro in their ongoing effort to ditch the dollar. The Central Bank of Russia has moved further away from its reliance on the United States dollar and has [...] Read more