Bank Failures, De-Dollarization, Persistent Inflation, Interest Rates & Debt Ceiling Limit Increases … what else could go wrong? According to Nouriel Roubini "Gold May Be Your Best Protection As The Mother Of All Debt Bombs & Nine Other Megathreats Are Looming." Roubini goes on to forecast a Gold Price of $3,000 an ounce in 5 years [...]
Patriot Gold Corp. provided the following update today to shareholders. Patriot Gold owns a 3% royalty on the Moss Mine, now in commercial production and owned by Golden Vertex Corp, a subsidiary of Elevation Gold Mining Corp. . The Moss Mine is an open pit, heap-leach, gold-silver operation located in northern Arizona. Elevation recently reported [...]
"Wake me up when September ends" - Green Day September is fast approaching, and warnings of an aggressive rate hike are echoing the already worried, battered and beaten halls of Wall Street. According to BARRON's and Wall Street the "S & P has averaged a 1% loss in September - dating back to 1928 - it's worth month of the year." "The same is true [...]
Economic Hurricane Approaching Jamie Dimon warned investors to prepare for an economic "hurricane" as the economy struggles against an unprecedented combination of challenges, including tightening monetary policy and Russia's invasion of Ukraine. Patriot Gold Group Processes Record IRA Rollovers Due to Fed's Response To Inflation & Stock Market [...]
Crash is King "When speculative excesses collapse under their own extremes, the "crash" crushes all other narratives and becomes the dominant dynamic. Everything that the mainstream uses to predict "value" is tossed out the window. According to conventional explanations, the central banks control the markets and so crashes are brief and shallow [...]
"Bigger Than Covid," Worst Inflation In U.S. History The official Consumer Price Index #'s in November 2021 rose 6.8% the fastest increase in four decades, since 1982. Tucker Carlson recently interviewed Peter Schiff and as Peter pointed out "The government changed the CPI calculation in the 1990s in order to understate the actual cost of living [...]
When It Comes To Inflation, We're Just Getting Started As '70's era Inflation is wreaking havoc across our economy and American's find themselves paying more for gas, groceries and everyday goods and services, the Biden Administration has just passed an additional $1.2T Infrastructure Bill and the Democrat Senate another $3.5T Anti-Poverty [...]
Patriot Gold Corp. today announced results from its recent drilling program at the Windy Peak Gold Project in Churchill County, Nevada. The drilling program was designed to follow up 2019 drilling results in the Windy Flats North area and to target historic drill intercepts in the Windy Peak Base and Windy Flats South target areas. Drilling [...]
The Only Thing Bigger than the story IS the Inflation itself in 2021 Patriot Gold Group forewarned clients about the excessive monetary policy enacted by The Federal Reserve in response to the Covid shutdown and the resulting inflation is reminiscent of the 1970's when double digit inflation wreaked havoc on America's economy. Larry Summers sounded [...]
Bigger government, more government intervention, and low interest rates are all likely to persist during a Joe Biden Administration, creating tailwinds for gold. As our country celebrates Inauguration Day, quite possibly the Super Bowl of our Democracy, we find ourselves in a country which stands divided, questioning the outcome and legitimacy of [...]
Patriot Gold Corp. - Patriot Gold Corp. today announced that a drill rig and crew are on-site at Patriot's Windy Peak gold project near Fallon, Nevada. A drilling program is planned to test several gold targets. This reverse-circulation drilling program follows a core drilling program executed by Patriot at Windy Peak in the autumn of 2018, and a [...]
Patriot Gold Corp. today announced that a drill rig and crew are on-site at Patriot's Rainbow Mountain gold project near Fallon, Nevada. A drilling program is planned to test several gold targets. This reverse-circulation drilling program follows sampling and other field work conducted by Patriot. Patriot's 100%-owned Rainbow Mountain gold project [...]