CNBC, Released on 2/7/23CEO Eric Yuan wrote in the blog post that as the world continues to adjust to life after the pandemic, the company needs to adapt to the "uncertainty of the global economy."Continue... Zoom to lay off 1,300 employees, or about 15% of its workforce added by Herman James on 02/08/2023View all posts by Herman James ?+'Read More
SILVER SEDIMENT “Sediment is solid material that is moved and deposited in a new location. Sediment can consist of rocks and minerals…” and “matter that settles to the bottom…”The silver price closed on Friday at $22.30 oz., down $1.15 from its closing price the day before.What is worse, though, is that it follows a drop of $.50 oz. on Thursday. And,...Read More
Mish Talk, Released on 2/7/23Consumer spending hit a brick wall in the US, EU, UK and Australia. Guess what that means.Continue... Mish Shedlock: Welcome to the Global Recession, It Began in December Last Year added by Herman James on 02/07/2023View all posts by Herman James ?+'Read More
Gold sold off following the US Federal Reserve’s Feb. 1 decision to raise interest rates another 25 basis points. The federal funds rate now sits at between 4.50 and 4.75%.Spot gold at first gained about $20 to $1,956, within $80 of the all-time high of $2,034, reached in August, 2020. The dollar fell Wednesday along with bond yields.The market’s initial take was that the Fed is nearly...Read More
Mises Institute, Released on 2/7/23The United States government has most certainly defaulted on debts before-more than once. Continue... When They Say the US Government Has Never Defaulted They're Lying added by Herman James on 02/13/2023View all posts by Herman James ?+'Read More
Gold sold off following the US Federal Reserve’s Feb. 1 decision to raise interest rates another 25 basis points. The federal funds rate now sits at between 4.50 and 4.75%.Spot gold at first gained about $20 to $1,956, within $80 of the all-time high of $2,034, reached in August, 2020. The dollar fell Wednesday along with bond yields.The market’s initial take was that the Fed is nearly...Read More
My last look at the prospects for SIlver of early May 2022 warned to expect the inflationary crack up boom to eventually make it's way to the precious metals complex - The CRACK UP BOOM! Implications for Stocks, Housing. and Commodities, Silver PotentialSilver is at the opportune level of $22 for long-term accumulation that first targets the top of the range at $28 and then on a breakout higher to...Read More
LiveNOW from FOX, Released on 2/7/23President Joe Biden called on Congress to ban assault weapons during his 2023 State of the Union address.Biden: 'Ban assault weapons now. Ban them now, once and for all!' added by Herman James on 02/08/2023View all posts by Herman James ?+'Read More
And similar trend for the Gold price, also attempting to break out higher off the October - November base that is likely to Gold target a trend to between $2000 and $2100 during 2023 vs the last close of $1804. Looking at the longer-term chart then I am not seeing as much upside potential in Gold as Silver has, i.e. at best Gold appears to be targeting a trend to $2500 over the next couple of year...Read More
StockTips - Twitter, Released on 2/7/23Why we have record low unemployment added by Herman James on 02/09/2023View all posts by Herman James ?+'Read More
ForexAnalytix, Released on 2/6/23Peter said there were some anomalies in Fridays NFP. He also believes the China reopening will be supportive of energy prices.Peter Boockvar is the Chief Investment Officer of Bleakley Financial Group and Editor of The Boock Report newsletter https://boockreport.com/. economy, jobs, peter boockvarPeter Boockvar: There were some anomalies in Fridays NFP added by...Read More
YouTube/PeterSchiff, Released on 2/6/23 (Recorded on 2/5/23) ? Short covering fuels tech rally. ? Good news on the economy is bad news for the market. ? Fewer people have full-time jobs today than 10 months ago. ? The media is racist.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...Read More
CNBC, Released on 2/6/23Mohamed El-Erian, Allianz and Gramercy advisor, joins 'Squawk Box' to discuss his read of the U.S. economy, how investors should operate, and more. Mohamed El-Erian is the President of Queens College, Cambridge and the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global invest...Read More
The LaRouche Organization, Released on 2/6/23Perhaps you are wondering why such a big deal was made of a Chinese weather balloon floating over the U.S. With virtually no potential for a "victory" by NATO in Ukraine, the War Hawks are preparing you for a war with China. While they are running these wars and psychological warfare operations, much of the world is moving in a different direction. Harl...Read More
Yahoo News, Released on 2/6/23"Market conditions continue to erode with an uncertain future," said Dell Technologies vice chairman Jeff Clarke on Monday."The steps we've taken to stayContinue... Dell to Cut 5% of Workforce added by Herman James on 02/06/2023View all posts by Herman James ?+'Read More
Institute for Peace and Prosperity, Released on 2/6/23A group of House Republicans is supporting legislation that would replace federal income, payroll, estate, and gift taxes with a 30 percent national sales tax. The bill also eliminates the Internal Revenue Service, giving states the responsibility to collect the sales tax and send the revenue to DC.This deputizing of states to act as federal ta...Read More
Stock Pulse, Released on 2/6/23"What do we teach kids about money? They should teach kids that money is fake. And the government is printing it and it's causing people to get poorer." - Robert Kiyosaki, author of Rich Dad Poor Dad at VRIC 2023Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on...Read More
Soar Financially, Released on 2/6/23Guest Lynette Zang does not hold back in this 30-minute power interview about inflation, the US Dollar, Gold & Silver.Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stoc...Read More
TradersChoice.net, Released on 2/6/23Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corp...Read More
Wall Street Silver, Released on 2/6/23Lawrence Lepard comes back to the show to discuss the latest predictions from the Fed Watch Tool and Federal Reserve Chairman Powell's comments on interest rates. He shares his perspective on the likelihood of another rate hike in March and whether it signals the cycle's end. Lawrence shares why he is bullish on gold and silver this year, as the DXY trends dow...Read More