Gold & Precious Metals

Brad Cooke’s Endeavour Silver Primer

Posted by MoneyTalks Editor

on Monday, 4 May 2020 11:59

We received a large number of requests, following Brad Cooke’s recent MoneyTalks radio appearance, for more information on his company and plans for the future. Brad has been kind enough to do a personal overview and analysis for our audience. ~ Ed.

China Warns Of Possible Armed Conflict With US Over Coronavirus Backlash

Posted by Tyler Durden

on Monday, 4 May 2020 10:17

An internal report presented to Chinese President Xi Jinping and other top leaders concludes that global anti-China sentiment is at a level not seen since the 1989 Tiananmen Square crackdown, and recommends preparing for a worst-case scenario of armed conflict with the United States, according to Reuters, citing people familiar with the content of the document.

The report, created by the China Institutes of Contemporary Internal Relations (CICIR) – which is affiliated with the Ministry of State Security – suggests that the wave of anti-China sentiment is led by the United States, which sees China’s rise as a global superpower as a threat to Western democracies. CLICK for complete article

Commodities Barely Weather The COVID Storm

Posted by Tom Kool

on Monday, 4 May 2020 10:06

It’s been a mixed bag for commodities, and it’s mostly been negative, with oil and gas and agriculture taking huge hits from the pandemic, and gold only humbly rallying on its safe haven laurels, while battery metals can’t catch a break despite production shut-ins.

Overall, the month ended on a sour note, more than anything dragged down by West Texas Intermediate (WTI) oil prices going into negative territory briefly. For oil, it’s about crippling demand amid a major supply glut that has everyone scrambling for storage, while for agriculture, it’s about major supply chain disruptions. CLICK for complete article

Bone-Chilling Charts of the Collapse in US Demand for Gasoline, Jet Fuel, and Diesel

Posted by Wolf Richter, Wolf Street

on Monday, 4 May 2020 8:55

Oil companies are reporting financial fiascos every day: Today Exxon reported its first quarterly loss since 1999 ($610 million), on a “market-related” $2.9 billion write-down. “We’ve never seen anything like what the world is facing today,” CEO Darren Woods said.

On Thursday, Texas-based shale-driller Concho Resources reported a quarterly loss of $9.3 billion, after writing down the value of its oil and gas assets by $12.6 billion.

Also on Thursday, it was reported that Oklahoma-based Chesapeake Energy, a pioneer in shale-drilling, was preparing to file for bankruptcy…Click for full article.

FREE Post-Show Webinar “Fight, Flight or Freeze: Decisive Investing to Survive & Thrive Through Crisis”

Posted by MoneyTalks Editor

on Friday, 1 May 2020 12:12

There is no sugar coating it, we’re in an economic crisis and you have important investment decisions to make. Join Andrew Ruhland’s webinar for Straight Talk on markets and how to:
• Redefine Risk and Invest Intelligently in the “New Normal” that will be anything but normal
• Bullet-proof your retirement income through the Sovereign Debt Crises and future inflation
• Minimize Portfolio Volatility to avoid impulsive, fear-based decision making
• Be an opportunist during a crisis (including commodity-based investment sectors and macro long-short strategies.
CLICK HERE to register