By Clint SiegnerThe Democratic party will be moving back into the control room in the House of Representatives.Congress may commemorate the return to split government with a partial shutdown. The feud over construction of a border wall looks like it will not be resolved in time. It could be the first of many political dramas in 2019.The debate over funding for the wall is theater, make no mistak...Read More
By Frank HolmesStrengthsThe best performing metal this week was palladium, up 1.41 percent, though hedge funds cut their long position to a three-week low. ICBC Standard Bank, however, sees palladium hitting $1,500 an ounce by 2020. Gold traders and analysts were mostly bullish on the yellow metal this week on concerns about a potential U.S. government shutdown and ongoing uncertainty around Bre...Read More
By David HaggithThe Big Bear is back. Ursa Major is in the house of the rising sun, and Taurus is in the house of the setting sun. Those are bad signs for investors who are now daily diving into their horoscopes. The market is pouring out of an inverted Big Dipper, otherwise known as the Big Bear (Ursa Major), and no one (not even the Fed chair) nor any positive event seems able to stop it. I ca...Read More
By Justin SmythAssets that are typically the most inversely correlated to the stock market during bear markets have started exploding higher in the last few weeks. The IEF bond ETF broke out of a Stage 1 base recently. The utilities ETF XLU broke out of a Stage 2 continuation pattern and is making new all-time highs. Gold mining stocks are the sector I'm paying very close attention to right no...Read More
By PlungerUsing Charles Dow's well known method of reading the stock market's movements , on Friday December 14th 2018 , the averages confirmed a bearish indication and can now be classified to be in a bear market. This action Friday is the first occurrence of a valid bear market signal in 11 years. Together the Dow Industrials and Transportation averages triggered a bear market signal followi...Read More
Gold is not only flowing from West to East.It is also flowing into the house account at Goldman Sachs. Or at least the paper claims for it in New York.Below is the monthly report showing the large amounts of physical gold which have been steadily flowing through the Shanghai markets into strong hands in China.Few commentators are talking about this.What is less familiar, and what I have not read...Read More
Full Article: Outlook 2019 - Rush to SafetyBy: Kitco News(Kitco News) - Once again the Kitco News team has been working hard to create the definitive resource for precious metals investors ahead of 2019.Our efforts have again paid off with today's launch of 2019 Outlook - Rush To Safety. I have lost count of all the bank reports we have read, analysts we have talked to, and data we have review...Read More
This won't be the last time that you read this headline.The stock market is crashing again to start the last trading week before Christmas. The Dow and S&P 500 both declined by 2.1% today, while the NASDAQ is down 2.3%. The major drivers of this market decline are slowing growth projections, an escalating trade war between the United States and China, as well as rising interest rates.Investors are...Read More
Rich dad used to say, "When it comes to money, many people are financial hypochondriacs."Their thinking comes from the lower mind which blurs their vision of the future. These are the people who often drive their car by looking into the rearview mirror. Their fear of losing causes them to not take action when once-in-a-lifetime opportunities are placed right in front of their eyes.Later as they dr...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Time...Read More
Could riots, like the ones in France, happen in America?John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's h...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Would our planet be better off if humanity ceased to exist? That is quite a morbid question, but today an increasing number of intellectuals are bringing it up, Continue...Read More
I see China as the center of the greatest bubble period in modern history.The emerging world has been on an urbanization tear, especially since 1980, and China has led the way!Continue...Read More
The perfect storm of zero percent interest rates that existed concurrently with a debt-disabled economy lured executives at major corporationsContinue...Read More
Perception of gold as an investment is fundamentally flawed. No matter the detail behind the analysis, gold is not an investment. investment…a thing that is worth buying because it may be profitable or useful in the future.Lets suppose you are at the grocery store and you see that butter is on sale for $2.00 per pound. Normally you pay $3.00 per pound or more.Since...Read More
Newmont Mining (NEM) is a gold stock with plenty of institutional interest. This means due to its huge following it is a good candidate for Gann Angles.Gold and gold stocks are waiting for the FED and other central banks to swing to dovish monetary policy, Powell hinted this in last speech, and next week the FED is expected to hike 0.25% to 2.5%, however the 3 previously planned hikes in 2019 look...Read More
"Is there a market bubble?" That's the question I'm asked repeatedly. When I reply honestly, "I hope so," the person asking me will sometimes get angry."You want the market to crash?" asked one young man incredulously, at an event where I was a featured speaker."Yes," I replied. "I love market crashes."Apparently not wanting to hear the rest of my explanation, he stomped off muttering something li...Read More
The stock market resumed today where it ended last week - with bears pressing the attack.The Dow Jones broke below the 24,000 mark today for the first time since March.It ended the day down 507 total points, to close at 23,593.Percentage wise, both S&P and Nasdaq were hard on its heels.We have it on official word:Not since 1980 have the three major indexes turned in such a woeful December.By J...Read More
France prepares 'last resort' chemical weapon that can be smothered around Paris to keep Yellow Vest rioters away from key buildings as anti-Macron protests continueContinue...Read More