Yes… it’s true. Two state of the art nuclear power projects bankrupted the mighty Westinghouse Electric Corporation, a company founded in 1886. Actually, this is old news as Westinghouse filed for bankruptcy back in March 2017. However, the breaking news is that the Westinghouse bankruptcy has now forced two utility…
Investors will get wiped out as the stock and real estate markets fall by 50-75%. Unfortunately, most investors, even the precious metals investors, do not understand the dire predicament that the U.S. and world faces as the energy sector continues to disintegrate. I discussed this in detail with Dave at…
While gold demand in the West continues to languish, something has recently motivated renewed interest in the yellow precious metal in Germany and the United Kingdom. Now, when I say “renewed interest”, I am referring to a surge in gold investment by Germans and British that we haven’t seen for…
Even though U.S. shale oil production continues to reach new record highs, investors might be finally losing faith in the industry that just isn’t profitable. A perfect example of this, legendary oil trader Andy Hall, known as “God” in the industry, is shutting down his main hedge fund. Hall, who…
Precious metals expert and dealer Tom Cloud issued a new Buy alert for gold during his update this week. I have spoken to Tom on the phone recently, and this is one of the very few gold buy alerts he has made in his 41 year history as a precious…
One of the major gold market indicators experienced a major shift in 2017. If we look at this gold indicator over the past several years, this recent trend reversal suggests something has fundamentally changed in the gold market… and in a BIG WAY. According to the World Gold Council, global…