Author: Gold News Club

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From the small investor just starting out to the high-net-worth individual hedging a multi-million dollar portfolio, we have helped many thousands add precious metals to their holdings in our more than 45 years in the gold business – safely, economically and with the investor’s goals in mind.

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CBS News 60 Minutes/Scott Pelley interview of Jerome Powell

“Scott Pelley: Where does it come from? Do you just print it?

Jerome Powell: We print it digitally. So we – you know, we – as a central bank, we have the ability to create money digitally and we do that by buying Treasury Bills or bonds or other government guaranteed securities. And that actually increases the money supply. We also print actual currency and we distribute that through the Federal Reserve banks.”

USAGOLD note: And that is why investors buy it [gold] physically – in the form of coins and bullion.

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Repost from 5-18-2020

Bloomberg/Nick Wadhams

“Hopes that nations might momentarily set aside their differences to combat the coronavirus have largely evaporated. ‘This pandemic is about as close to an asteroid hitting the earth as you can imagine in terms of a common threat,’ said Richard Fontaine, chief executive officer at the Center for a New American Security in Washington.”

USAGOLD note:  Not just the pandemic. It’s an election year ……

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Repost from 5-18-2020

Can Sixty North Gold Mining (CSE:SXTY) Afford To Invest In Growth?  Yahoo Finance UK

Gold Stocks Ride Gold Prices Sharply Higher As Coronavirus Fuels Barrick Gold Stock, Kinross, Kirkland Lake  Investor’s Business Daily

Gold, silver, miners teater on the brink of a breakout  Kitco NEWS

Clean Water Act Enforcement: Washington State Attorney General Files Judicial Action Against Gold Mining Facility for Alleged Violations  JD Supra

1. Gold is to hold and silver is to trade  Kitco NEWS
2. Gold prices end higher amid U.S.-China tensions, but post a weekly decline  MarketWatch
3. Asia Gold-Demand slowly returns as top hubs reopen  Reuters
4. Gold price up as pressure builds on US-China relations – MINING.COM  MINING.com
5. Gold Price Futures (GC) Technical Analysis – Straddling Key 50% Level at $1727.50  FX Empire
6. View Full Coverage on Google News

Gold now projected lower 5/22/20  Kitco NEWS

Gold Prices Could Hit a Record High by Year End. Don’t Expect an Easy Ride.  Barron’s