Gold Miners Will Become the Next Proxy for Gold Price

Gold Price Discovery of Post-QE Infinity: Gold Miners Will Become the Next Proxy for Gold Price

March 25, 2020
Interview with Peter Spina

“It’s a very unique time and period in history but it’s good to take some action right now and don’t wait. I don’t think this is a time to be waiting for everyone else to take action because when they do you see how supplies get raided very quickly and disappear.” – Peter Spina

Don't miss our in-depth interview with Peter Spina, President and CEO of Goldseek and Silverseek, ranked in the top, most visited gold and silver investor websites in the world. Hear his insights on today's global economy and the current state of the dollar and the precious metals market."


How the Global Financial System Could Shut Down, According To Jim Rickards

We are potentially entering an “Ice-9” situation where the entire world may “freeze” over economically, said Jim Rickards, best-selling author of “The Road to Ruin” and “Aftermath: Seven Secrets of Wealth Preservation in the Coming Chaos.”

Rickards is using a metaphor, alluding to a Kurt Vonnegut book, “Cat’s Cradle.” In the book, a vial of “Ice-9”, a liquid that has a freezing point of room temperature, leaks into the streams and rivers and turns all water into ice, effectively covering the planet in an ice age and wipes out all life.

Something similar may be underway, financially, when markets halt trading activity, he said.

“If you shut down the New York stock exchange, and I can’t sell stocks and get cash, I’m going to sell my money market funds or redeem my money market funds. Then you’ve got to shut down the money market funds industry, and then people say ‘ok, I’ll go to the banks or the ATMs,’” he said. “And then you’ve got to shut down the banks so the point is, it spreads from exchange to money markets, to brokerage accounts, to banks, and you end up shutting down the entire system.”

At the end of an Ice-9 scenario, the entire global financial system shuts down, and any Federal Reserve intervention may no longer be effective.

Rickards noted that contrary to conventional economic thinking, now is not a bad time to own gold.

“People say that gold does well in inflation, and you don’t want to have gold in deflation, and we may be looking at deflation, that may be coming, but the point I make is the greatest period of sustained deflation in U.S. history was 1927 to 1933 and in that period, gold went up 75%,” he said.

Gains in gold in today’s condition would be even higher, Rickard said, since gold was fixed in 1933, which is no longer the case today.

Additionally, Rickards said investors should store their gold “a bicycle ride” away so that in the worst case scenario, it would become accessible should people need to evacuate cities by bicycle, which would be more effective during a gridlock than cars.

Stop the Bailout Rip-Off – Kerry Lutz


by Kerry Lutz
Financial Survival Network

Dear Readers,

As usual, the American Taxpayer is getting the short end of the bail-out stick. Since we’re already running trillion-plus deficits, the taxpayer won’t be directly picking up the tab for the latest round of corporate welfare transfer payments. Rather currency holders, savers, bond holders and society will at the cost of seeing their assets debased by inflation. And for what? Flashback to 2008, when the nation’s banks and investment houses were caught flat-footed by the mortgage meltdown, a crisis of their own making. They were given trillions in cash with virtually no strings attached. Large portions of the bailout went towards these unworthy titans to finance bonuses.

The very same scam is happening yet again. This time the Congress intends buy middle class votes and acquiescence to this fraud by doling out $1200 or more per person. They’ve learned their lessons from the universal outrage at the 2008 financial crisis and resulting bailout. Wall Street got its rescue package and the middle class was left to twist in the breeze. Worst of all, none of the banksters ever had to account for their malfeasance. They kept their jobs and their escalating bonuses and the public be damned. Unfortunately for Congress, this pittance or crumbs as Nancy Pelosi would call it, is not nearly enough. We estimate that they will wind up giving at least $3500 each in an effort to buy us off.

Boeing, among many other companies and industries, is currently seeking $60 billion in loan guarantees and other benefits from Uncle Sam. If they had had sound management, they would be swimming in cash and wouldn’t require a bailout. Since 2012 Boeing has spent over $45 billion buying back its shares. Share buybacks benefit no one but management and its Wall Street lackeys. They squander company cash, increase interest expense when borrowed funds are used and weakens the company balance sheets. It artificially increases a company’s per share profitability, thereby helping management achieve earnings per share targets that trigger massive bonus payouts. In the case of IBM, this happened even though top line revenues cratered and net profit was in serious decline. For nearly a decade the country’s largest and most distinguished businesses have been engaging in this massive fraud.

Boeing was so busy buying back their shares that they forgot how to build quality reliable aircraft. Boeing’s major blunder came earlier in the decade, when it chose to upgrade the 1960’s vintage 737(MAX), instead of replacing it with a plastic or composite successor. The billions saved were then applied to share buybacks. All the while management was raking in overly generous compensation. Fired CEO Muilenberg, who was ultimately responsible for the 737MAX fiasco, received a golden parachute valued at $80.7 million, after earning $30 million in 2018 and $18.5 million in 2017. Let’s keep rewarding incompetence and self-dealing, what can possibly go wrong.

The airlines are clamoring for their piece of the bailout pie. Since 2012 they have squandered $43.7 billion buying their shares. This took place at the same time they were cramming more seats into their planes, nickel & diming the public with unfair fees, charging for food, dramatically increasing management’s already obscene pay and generally treating their customers like Covid 19 victims.

According to Wolff Richter from 2012 the S&P 500’s cumulative share buybacks topped $4.5 trillion. When I attended college (a very long time ago I confess), we were taught that a company’s surplus cash should first be reinvested in the company to improve its products and competitive position. Any remaining surplus could then be paid out in a special dividend. As a rule, a company’s shares would never be bought back, unless they were trading well below book value.

We can quibble over the extent of the bailout and the eventual payments to average Americans, but we can’t allow a 2008 repeat performance. Here’s a running list of strings that need to be attached to any company bailout, whether by the US Congress or the Federal Reserve. Please feel free to add to this list and pass it on to your corrupt congressman or senator and anyone else who you think might care.

The Taxpayer Bailout Bill of Rights

Any company receiving a government or Federal Reserve Bailout must agree the following:
1 – Immediate termination of top five members of management (who presumably got them into this mess;
2 – Perpetual prohibition on all stock buybacks;
3 – Permanent ban on all lobbying of Federal, State and Local governments;
4 – Termination of all golden parachutes to senior management;
5 – Withholding of management bonuses for 5 years;
6 – Prohibition on linking management compensation to stock price;
7 – Bonuses only allowed on increases in company profitability and free cash-flow, the way Warren Buffet does it;
8 – Cessation of all social welfare programs and benefits by company until loans are repaid;
9 – 50% claw back of past three years of management bonuses.
10 – No contribution or sponsorship of any political activities and a complete prohibition on payments to PACs.

We find ourselves in the current economic situation because our leaders have endorsed and benefitted from policies that not only accept, but encourage misbehavior by corporate management and Wall Street. While no one could have predicted the exact occurrence of the Coronavirus and the ensuing havoc it’s exacted upon the global financial system, the past decade saw red flags popping up all over the place. While many of us were out there like Paul Revere sounding the warning (see we were often laughed at and dismissed as doomers and financial Cassandras.

Now is the time to rethink our entire government, economic and legal systems, before the next meltdown, which may well be the final one. For nearly a century, we have been following a policy who’s end result is economic doom. If we don’t turn back soon, any semblance of our great country will surely be lost.

Kerry Lutz

The Coronavirus Hoax






March 17, 2020
By Dr. Ron Paul

Governments love crises because when the people are fearful they are more willing to give up freedoms for promises that the government will take care of them. After 9/11, for example, Americans accepted the near-total destruction of their civil liberties in the PATRIOT Act’s hollow promises of security.

It is ironic to see the same Democrats who tried to impeach President Trump last month for abuse of power demanding that the Administration grab more power and authority in the name of fighting a virus that thus far has killed less than 100 Americans.

Declaring a pandemic emergency on Friday, President Trump now claims the power to quarantine individuals suspected of being infected by the virus and, as Politico writes, “stop and seize any plane, train or automobile to stymie the spread of contagious disease.” He can even call out the military to cordon off a US city or state.

State and local authoritarians love panic as well. The mayor of Champaign, Illinois, signed an executive order declaring the power to ban the sale of guns and alcohol and cut off gas, water, or electricity to any citizen. The governor of Ohio just essentially closed his entire state.

The chief fearmonger of the Trump Administration is without a doubt Anthony Fauci, head of the National Institute of Allergy and Infectious Diseases at the National Institutes of Health. Fauci is all over the media, serving up outright falsehoods to stir up even more panic. He testified to Congress that the death rate for the coronavirus is ten times that of the seasonal flu, a claim without any scientific basis.

On Face the Nation, Fauci did his best to further damage an already tanking economy by stating, “Right now, personally, myself, I wouldn’t go to a restaurant.” He has pushed for closing the entire country down for 14 days.

Over what? A virus that has thus far killed just over 5,000 worldwide and less than 100 in the United States? By contrast, tuberculosis, an old disease not much discussed these days, killed nearly 1.6 million people in 2017. Where’s the panic over this?

If anything, what people like Fauci and the other fearmongers are demanding will likely make the disease worse. The martial law they dream about will leave people hunkered down inside their homes instead of going outdoors or to the beach where the sunshine and fresh air would help boost immunity. The panic produced by these fearmongers is likely helping spread the disease, as massive crowds rush into Walmart and Costco for that last roll of toilet paper.

The madness over the coronavirus is not limited to politicians and the medical community. The head of the neoconservative Atlantic Council wrote an editorial this week urging NATO to pass an Article 5 declaration of war against the COVID-19 virus! Are they going to send in tanks and drones to wipe out these microscopic enemies?

People should ask themselves whether this coronavirus “pandemic” could be a big hoax, with the actual danger of the disease massively exaggerated by those who seek to profit – financially or politically – from the ensuing panic.

That is not to say the disease is harmless. Without question people will die from coronavirus. Those in vulnerable categories should take precautions to limit their risk of exposure. But we have seen this movie before. Government over-hypes a threat as an excuse to grab more of our freedoms. When the “threat” is over, however, they never give us our freedoms back.

Dudley Comments On The Market Collapse

By Dudley Pierce Baker
Founder - Editor

The last week to 10 days has been devasting for many investors and particularly those of us in the precious metals sector. Many would have believed that gold, silver and miners would have performed well but we have been subjected to massive selling and no one is happy, unless you have lots of cash.

Cash has been king and the selling of stocks, gold, silver, etc. has been a flight to safety and that has lead to the rise in the U.S. Dollar at the expense of virtually everything else with the exception of bonds.

I want to share with you my weekly audio which I send out to my paid subscribers on March 14, 2020. I share some personal stories as well as frank market comments and encourage you to listen and if not a current subsciber, consider a subscription to my services.

Dudley's Weekly Audio - March 14, 2020

Other Great Articles For Your Reading:
Frank Holmes - Should You Buy The Panic?
Sprott Money - Global Monetary And Fiscal Authorities Are About To Open The Floodgates Of Liquidity
Peter Schiff - Fed Stimulus Will Light 'Fire Under Hard Assets'
Rick Rule - Sprott Media - Gold Stocks Are Stocks; In A Panic, All Stocks Sell Off

We will all get through this turmoil, so make sound decisions and not panic out of quality positions is my advice.



February 21, 2020
Chris Vermeulen


Note from Dudley - These Guys Are Good:
Chris and his team are providing investors with a great road map for the direction of the markets, which is why I am also a paid subscriber to TheTechnicalTraders services and encourage you to consider a subscription as well, The ideal service to supplement your other subscriptions as well as my

"....The one thing all skilled traders must consider is the longer-term fear that is building in the markets.  Many traders are concerned about the global economy with the Coronavirus spreading economic worries throughout Asia, Japan, and Europe.  We believe this fear will push precious metals continually higher over the next 24+ months with a real upside target above $2100 eventually...."






Investors don’t forget the great opportunities available with stock warrants which will increase your potential gains and greatly decrease your investment cost by at least half.

E.B. Tucker with Casey Research, recently referred to Dudley as ‘the top expert in the field with over 40 years of experience‘ with stock warrants.

“I also encourage you to check out the work from our friend Dudley Baker. Dudley is the founder and editor of Common Stock Warrants. He’s been trading warrants for 40 years and has developed an exclusive database of all stock warrants trading in the U.S. and Canada. We’re paid-up subscribers as well.”

Jeff Baker
Senior Analyst – Admin/Web Developer
B.Sc. Geological Sciences (UTEP)
Common Stock Warrants & Junior Mining News

Mining Stock Warrant Speculation Can Yield 5x Returns Versus the Underlying Stock | Dudley Baker


February 4, 2020
Bill Powers and Dudley Baker





This is my first interview with Bill Powers on

Mining Stock Warrant Speculation Can Yield 5x Returns
Versus the Underlying Stock | Dudley Baker

Give a listen soon and sign up for free emails.

Dudley Pierce Baker

Common Stock Warrants Are a Powerful Wealth Building Tool with Dudley Baker

Note from Dudley Pierce Baker,

I recently did this interview with Kerry Lutz and we walk through investment possibilities with mining shares and stock warrants.
There is a short advertising break in the middle, so don't leave the interview until completed.

Common Stock Warrants Are a Powerful Wealth Building Tool with Dudley Baker


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