Gold Mine Output Fell Sharply in 2020

Source: https://schiffgold.com/key-gold-news/gold-mine-output-fell-sharply-in-2020/ JANUARY 25, 2021  BY SCHIFFGOLD World gold production dropped by 5.4% in 2020 according to preliminary estimates released by GlobalData last week. Global data projects gold production came in at 108 million ounces last year. The sharp decline was largely due to mine closures during the coronavirus pandemic. But it also fits into a broader trend of

How Precious Metals Have Performed During Coronavirus: A Year In Review

Source: https://www.forbes.com/sites/theyec/2021/01/13/how-precious-metals-have-performed-during-coronavirus-a-year-in-review/?sh=1517d63db171 YECCOUNCIL POST| Membership (fee-based)Entrepreneurs By Tyler Gallagher, CEO and founder of Regal Assets, an international alternative assets firm with offices in Beverly Hills, Toronto, London and Dubai. In today’s uncertain market, entrepreneurs and business owners are starting to pay attention to precious metals as a safe haven in their investment portfolios. Gold and silver

Covid-19 Caused Chaos for Investors in 2020. These Hedge Funds Earned Billions

Source: https://www.wsj.com/articles/covid-19-caused-chaos-for-investors-in-2020-these-hedge-funds-earned-billions-11608892202 Managers who bet certain stocks would rise and others would fall had their best year in a decade For little-known hedge-fund manager Jim Davis, 2020 is a career-defining year. The one-time analyst for famed hedge-fund manager Julian Robertson Jr. came into the year managing $675 million at his Woodson Capital Management. That ballooned

I’ve Never Seen THIS in 30 Years – UNTIL NOW by Andy Schectman

Andy Schectman, CEO of Miles Franklin Precious Metals, returns to Liberty and Finance to offer a 2020 year in review and 2021 Preview. Andy puts the crosshairs on a startling stealthy pattern that has emerged since 2017, and has reached a climactic new phenomenon in 2020 which sets the stage for an electrifying 2021 for

The Month Coronavirus Unraveled American Business | A WSJ Documentary

March 2020 began on a high note for American business and ended with the economy in tatters This WSJ documentary goes behind-the-scenes to reveal how the coronavirus pandemic ripped through American business during the month of March 2020 — told through the firsthand accounts of 12 prominent executives. When the coronavirus tore through industry, commerce

2020 Finally Draws to a Close

Source: https://www.sprottmoney.com/blog/2020-Finally-Draws-to-a-Close-Craig-Hemke-Dec-22-2020 December 22, 2020 By Craig Hemke It has been a long year. Excruciatingly long. But it’s nearly over, so we should take stock of the gains we’ve seen and begin to look ahead to 2021. As 2020 began, no one outside of the Chinese Communist Party had heard of a novel new coronavirus

The U.S. Continues To Import A Record Amount Of Silver While Flows Into India Nearly Dry Up

Source: https://srsroccoreport.com/the-u-s-continues-to-import-a-record-amount-of-silver-while-flows-into-india-nearly-dry-up/ POSTED BY SRSROCCO IN PRECIOUS METALS ON DECEMBER 18, 2020 U.S. demand for silver continued to remain strong as imports surged higher in September after a decline in August.  However, the opposite was true for India as silver imports during the same month collapsed to an all-time low.  What a difference in just a few years as India

2020 was just the start, Commerzbank sees Gold prices rising to $2,300 in Q4 2021

Source: https://www.kitco.com/news/2020-12-15/2020-was-just-the-start-Commerzbank-sees-gold-prices-rising-to-2-300-in-Q4-2021.html Neils Christensen  Kitco News Editor’s Note: Get caught up in minutes with our speedy summary of today’s must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here! (Kitco News) – Gold‘s bull rally started in earnest in mid-2019, and even after its unprecedented drive this past year, the

US Government Runs Yet Another Really Big Deficit in November

Source: https://schiffgold.com/key-gold-news/us-government-runs-yet-another-really-big-deficit-in-november/ DECEMBER 13, 2020  BY SCHIFFGOLD The US government kicked off fiscal 2021 with the biggest October deficit in history. But with the first of November falling on a weekend, some November spending got shifted into October, inflating that month’s deficit. Now that we have the November monthly Treasury Statement, we have a better sense of how big

November Jobs Report Reveals Signs of Trouble

Source: https://schiffgold.com/key-gold-news/november-jobs-report-reveals-signs-of-trouble/ DECEMBER 8, 2020  BY SCHIFFGOLD  When unemployment began to quickly shrink over the summer as governments loosened up on the economic lockdowns in response to COVID-19, everybody got giddy and assumed we were in for a quick recovery. But we’ve been saying that the quick turnaround was an illusion and that the lockdowns caused deep wounds