Donald Trump Is Correct In Not Releasing His Tax Returns

September 7, 2016 By Dudley Pierce Baker Retired IRS Agent Founder-Editor http://JuniorMiningNews.com http://CommonStockWarrants.com My comments are not intended to be a political statement in any way…. It’s just common sense. Much of the media and Hillary Clinton continue to badger Trump for not releasing his tax returns and they will probably continue to do so. If Mr. Trump’s tax returns are currently under audit as seems to be acknowledged in the media, then we have a totally different situation. Could Trump release his tax returns, of course he could, but why in the hell would he do so? You might ask, ‘what is the big deal?’ Let me tell you. As a retired IRS Agent, I was the lead agent, team coordinator, on some of the largest corporations in the United States for many years. If Trump is currently under audit, he would be foolish, in my opinion, to release his tax returns. … Continue reading

This Important Chart Shows Why Gold Could Hit $6,000 by 2019

This Important Chart Shows Why Gold Could Hit $6,000 by 2019 By Justin Spittler Editor’s note: Today, in place of our usual market commentary, we have another important essay for you from International Speculator editor Louis James. Last week, Louis explained why it’s not too late to get in on the big gold boom right now, saying “I think we’re all about to make a pile of money.” Today, he shows you just how high gold could go as this bull market gains momentum. As you’ll see, right now is the ideal time to own gold stocks… Dear Reader, “You’re crazy, buying gold now!” That’s what one of my students said to me in the summer of 2008. I was teaching one of my seminars on entrepreneurship, that time in the Republic of Georgia. Gold had risen for seven years and was trading around $800 per ounce. This student was … Continue reading

Why Doug Casey Thinks We Could See $5,000 Gold

Why Doug Casey Thinks We Could See $5,000 Gold By Justin Spittler One of the world’s biggest central banks just swung its “sledgehammer.” On Thursday, the Bank of England (BoE) launched its biggest stimulus package since the 2008–2009 financial crisis. It cut its key interest rate to a record low. It started “printing” money again. And it announced a new “funding scheme.” The BoE launched this massive easy money program to soften the blow of the “Brexit.” As you probably heard, Britain voted to leave the European Union (EU) on June 23. The historic event rattled Britain’s financial system. The FTSE 100, Britain’s version of the S&P 500, fell 3.1% on the news. It was the worst day for British stocks since 2008. The pound sterling, Britain’s currency, plunged 8%, its biggest one-day drop on record. In the aftermath, many analysts predicted Britain’s economy would take a serious hit. Some … Continue reading

Q&A: Legendary executive Rob McEwen talks about gold mining in golden times

DERRICK PENNER More from Derrick Penner Published on: August 4, 2016 | Last Updated: Rob McEwen, self-described chief owner of McEwen Mining Inc. VANCOUVER SUN Legendary mining executive Rob McEwen knows a thing or two about gold-mining companies, having built Goldcorp Inc. into a powerhouse producer before stepping down as chairman and CEO in 2005. Now, he’s working on building up his next venture, McEwen Mining Inc., with mines in Mexico and Argentina just as gold has hit a rebound. The Vancouver Sun caught up with him at the recent Sprott Natural Resources Symposium to talk about his views on where the rally is going: Q: With your firm, you take the title chief owner. Why is it important for you to spell that out? A: I think it’s very important that people running companies have skin in the game, they have something at risk. They don’t just get a big salary … Continue reading

Weekend Edition: Doug Casey on “Brexit”

Weekend Edition: Doug Casey on “Brexit” By Justin Spittler Editor’s note: It’s been a month since “Brexit”…the historic event that wiped out more than $3 trillion from the global stock market in two days. But what happens now? Today, Casey Research founder Doug Casey breaks down what the decision means for Britain…and how it foreshadows some big changes in the world at large. On June 23, the UK had a referendum in which 52% of voters opted to leave the European Union. I applaud Britain for leaving the corrupt, costly, and dysfunctional EU. It may be the best thing that’s happened to Europe since the end of World War 2. And, I think, it signals the start of some major new trends. In principle, the idea of the European Union sounded good. All the signatory countries joined a customs union so goods and people could flow freely. The idea was … Continue reading

Doug Casey on President Hillary Clinton

Doug Casey on President Hillary Clinton… World War III… and the Deep State By Nick Giambruno Will Hillary Clinton win in November and ensure the Deep State stays in control? I recently sat down with Casey Research founder Doug Casey to discuss this. Doug is a former classmate of Bill Clinton and has met him several times, including once at the White House. Doug shared his insights on why a Clinton win could accelerate the onset of World War III. We also touched on how Donald Trump will destroy the Republican Party… and why it’s a good thing. I think you’ll find our discussion insightful. Until next time, Nick Giambruno: There is a popular conception that only the “best and brightest” go into government. I think this is a sacred cow that needs to be slaughtered. What’s your take, Doug? Doug Casey: It’s a real problem when a pernicious myth … Continue reading

The Blind Leading the Clueless

The Blind Leading the Clueless By Jeff Thomas (Gregory Mankiw, an economics professor at Harvard, interviews Federal Reserve chief Janet Yellen.) Most of us watch television. In part, we seek to be entertained, but, additionally, we often seek to be enlightened as to “what’s going on.” In a difficult era like the present one, in which some of the most prominent countries are experiencing the onset of an economic crisis, virtual cartoon characters are competing as choices in political contests, governments are becoming increasingly rapacious and a police state is developing rapidly, it’s not surprising if the average person questions, “What on earth are they thinking?” Well, there’s no shortage of media exposure to answer that question. Today, there are a multitude of channels offering 24/7 “news,” from which we may hope to glean some insight as to what the leaders of the world are thinking. Yet, in spite of … Continue reading

Here’s What Happens When the World Overdoses on Debt

  By Justin Spittler Bonds are no longer assets. They’re liabilities. You might find this hard to believe. After all, most folks think of bonds as a safe way to grow their money. For decades, you could make a decent return of 5% or more in government- and investment-grade bonds without risking big losses. Not anymore. These days, most bonds pay next to nothing. Some have negative interest rates, which means owners must pay interest on the bond instead of earning interest. If you own a bond that pays a negative interest rate, you’re guaranteed to lose money if you hold the bond to maturity. And yet, folks are lining up to buy these bonds. Dispatch readers know we’re in this mess because governments have gone mad trying to “stimulate” the economy. Central banks have cut rates more than 650 times since the 2008 financial crisis. Global rates are now … Continue reading

How to Escape the World’s Biggest Ponzi Scheme

How to Escape the World’s Biggest Ponzi Scheme By Justin Spittler It’s the top story in the investment world right now… As we showed you yesterday, the S&P 500 just hit a new all-time high, topping 2,130 for the first time since May 2015. But it’s not just stocks that are ripping higher. Bonds have quietly broken out to new all-time highs as well. Remember, a bond’s price rises when its yield falls. On Friday, the yield on the U.S. 10-year Treasury hit an all-time low of 1.37%. Yields on British (0.7%), German (-0.2%), and Japanese (-1.1%) 10-year bonds have also hit record lows over the past week. With rates this low, bondholders are barely earning any interest income. In Europe and Japan, investors are actually paying to lend the government money. That’s because negative interest rates have taken over these economies. In today’s issue, we explain how negative rates … Continue reading

The Serious Warning No One’s Talking About

The Serious Warning No One’s Talking About By Justin Spittler On Tuesday, a huge event happened in the investing world. But if you’re like most Americans, you probably haven’t even heard about it. The mainstream media didn’t discuss this event much. It was too busy pointing out that the S&P 500 and Dow Jones Industrial Average have hit new all-time highs. Meanwhile, something much bigger was happening on the other side of the world. Today, we’ll tell you what this event was…and why it means big trouble is likely on the way for investors. • Earlier this week, the Japanese yen plummeted… It fell 1% over Monday and Tuesday. This might not sound like a big deal. But it was the yen’s biggest two-day slide since November 2014. Japanese Prime Minister Shinzo Abe triggered the plunge when he surprised the world with an announcement on Tuesday. Bloomberg Business reported: The currency … Continue reading