Fortitude Gold declares its monthly dividend of $0.04 per common share payable on May 31, 2024. CEO Jason Reid will host a conference call May 8 at 11:00 a.m. ET. about first quarter results and current operations.
Moriarty points out that engaging in meaningless wars has historically led to the bankruptcy of empires, including the United States, and the current trajectory risks global bankruptcy. Gold bugs will benefit, as long as we all stay safe.
Mike Maharrey interviews Saleha Mohsin, a senior correspondent at Bloomberg News and author of the new book "Paper Soldiers: How the Weaponization of the Dollar Changed the World Order."
Nothing was said which indicates the timeline for a change in direction for interest rates has shortened. When it comes to cuts in interest rates, investors stubbornly cling to the notion that “no” means “yes”.
This scam was fairly complex, involving a fake bank website and non-existent gold bars. The alleged perpetrator of this scam, Richard Opoku Agyemang, was arrested last month by the U.S. Postal Inspection Service.
The price is surging due to increased geopolitical tensions — wars in Ukraine and Gaza, the Israel-Iran conflict, Houthis firing on commercial ships in the Red Sea, and the threat of a Chinese invasion of Taiwan being the main ones — and continued central bank buying, even though gold is hitting record highs.
Gold continues to hold above $2,300. Further support can easily be seen, down to $2,240/$2,250. A breakdown under $2,200/$2,225 would be more problematic as we’d question the rally.
