Ladies and gentlemen, we have liftoff! After breaking out of a five-year trading range, the price of gold surged above $1,400 an ounce last week for the first time since 2013 on expectations of a U.S. rate cut. The 10-year Treasury yield fell to around 2 percent,...
Frank Holmes
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June 24, 2019
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Another Tax Day has come and gone. This was the first year that Americans paid taxes under President Donald Trump’s tax cuts. And yet many filers—especially those living in high income tax states such as New York, California and New Jersey—saw their paymen...
Frank Holmes
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April 29, 2019
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Goodbye, Iran Oil Import Waivers. Hello, Higher Energy Prices? Besides Occidental Petroleum’s bidding war with Chevron for fellow producer Anadarko Petroleum, the big energy news from last week is that President Donald Trump, as expected, moved to ...
Frank Holmes
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April 29, 2019
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This year marked the 30th anniversary of the Denver Gold Forum (DGF), the world’s most prestigious precious metal equities investment conference. The invitation-only event, held last week, was attended by an incredible seven-eighths of the world&CloseCur...
Frank Holmes
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September 23, 2019
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“Travel,” Mahatma Gandhi once said, “is the language of peace.” If that’s the case—and I happen to believe that it is—then I’m extremely bullish about the future, especially with respect to ...
Frank Holmes
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October 15, 2019
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A couple of weeks ago, I was in Lima, Peru, attending the Mining & Investment Latin America Summit. I heard from a number of industry leaders that mining in South America has become more challenging in recent years. One of the biggest reasons why is that the burden for ...
Frank Holmes
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November 19, 2019
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Gold closed down as much as 1.21 percent Friday on a blowout jobs report that seemed to alleviate investor fears of an impending economic slowdown. The U.S. added as many as 266,000 jobs in November, beating expectations of 180,000, while the unemployment rate ticked do...
Frank Holmes
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December 9, 2019
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Gold will outperform the S&P 500 Index in 2020. That’s one of several projections made by CLSA in its just-released “Global Surprises 2020” report. The Hong Kong investment firm has an impressive track record when it comes to maki...
Frank Holmes
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February 10, 2020
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The $2.2 trillion coronavirus relief package that President Donald Trump signed into law on March 27 is just the beginning. The Treasury Department is now seeking some $250 billion more to replenish small business loans, and there’s hope that the president...
Frank Holmes
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April 9, 2020
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Modern society lives on the Internet, or rather, everything that can be done and benefits online is done that way. Apart from the advantages that costly ways are saved, everything is done faster and decision-making processes are shortened. The more convenient and attractive th...
Mario Hose
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March 4, 2020
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