- Stewart Thomson, Graceland Updates 1. The decline of the American empire continues relentlessly. The citizens look towards their government for guidance and all they see is maniacal debt worship. Monkey see...monkey do:2. New statistics show that credit card debt of millennials now rivals total student loan debt. 3. Please click here now. The nation's so-called "leaders" now...Read More
By: Ira EpsteinGold Market: higher highs ad higher lows short-term. What resistance exists above? Markets in general are looking at the "what if" scenarios..Read More
One needs to keep on booking profit as long as gold does not break $1633.80 and silver does not break $1882.90. There is a big technical resistance between $1633.80-$1648.50 and $1663.30. For gold to rise to $1900-$2000 for the rest of the year, it has to break and trade over $1633.80-$1648.50-$1663.30 zone. Why am writing this? This is always a slip between the cup and the lip. The Lip here is...Read More
QUESTION #1: Marty; On the Private Blog 1/19, you wrote “When we look at the Weekly Array, we can also see volatility rising this coming week. The two key weeks ahead are those of 01/27 and 02/17. Therefore, failure to make a new high warns that we may see a retest of support ahead. We see February is a Double Directional Change. This is clearly warning that we have to play this by the numbe...Read More
To Watch Update #26, CLICK HEREThe public's trust in the authorities running our system is suffering as a result of officials' ham-fisted tactics. Good information is increasingly hard to come by as world governments suppress any and all non-official sources. And much of the official 'data' being released appears untrustworthy. In many cases, it seems too benign for the massive and draconian effor...Read More
Why in the world would Mike Maloney, lover of all things Tesla, cancel his order on his Roadster?! Because he believes he'll someday buy this quarter-million dollar car with a $25,000 investment in this asset...Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's...Read More
Host of FOX Business Network's The Claman Countdown, Liz Claman is joined by founder and CEO of Euro Pacific Capital, Peter Schiff. Peter shares how his father's staunch libertarian beliefs and Austrian economics influenced him after his father was put in prison for tax protesting and how Peter's unique financial insight helped him predict the 2008 housing crisis.Peter Schiff is an international...Read More
Topics:What are some knock-on implications of the US Treasury bond?Difference between Government money market funds vs. Prime money market fundsWhy treasury and investment grade bond demand flows will remain solidDeclining German bunds in circulationThe growing USD funding gapWhat are LCRs and why are they falling?The US treasury demand impact of Dodd FrankKnock-on implications as treasuries no lo...Read More
Liz Claman has a new podcast called "Everyone Talks to Liz Claman." It's a great show and I was on it earlier this week where I talked about growing up, some personal stories, and things you haven't heard me talk about in other interviews. I highly encourage you to check out the episode here: https://radio.foxnews.com/2020/02/19/...Coronavirus continues to help the dollar, but is helping gold even...Read More
Jordan Roy-Byrne comments on the charts of gold, silver, and gold stocks broadly. As much focus as people are giving to gold above $1,600, silver and gold stocks are the more important ones to watch right now. Jordan shares the levels they need to break to confirm the gold move and a stronger move higher.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians As...Read More
A US defense agency responsible for securing the communications of the president and senior officials has said it believes personal data from its systems were "compromised" during a 2019 data breach. Continue...Read More
Exactly a month ago I warned that the Corona Virus outbreak was going to pop the "Everything Bubble." I did something fairly subtle. I buried my main message under a whole heap of cow manure. It doesn't make aContinue...Read More
StrengthsThe best performing metal this week was palladium, up 4.91 percent as hedge funds cut their bullish positions to a 17-month low. January's 22 percent slump in China's car sales could dampen demand short-term. Federal Reserve Chairman Jerome Powell testified before Congress this week and commented that "low rates are not really a choice anymore, they are a fact of reality." Powell sugg...Read More
Keith Weiner, Monetary MetalsThe price of gold rose $14 and the price of silver fell $0.07. The gold-silver ratio rose further with this price action.Welcome to our new Gold and Silver Market Report, or "Market Report" for short. We are separating this from the economics essay, which was attached for many years. As they used to say in many toy commercials of yore, "batteries sold separately" or...Read More
- RambusOver the last few weeks or so I've been writing a lot on the critical inflection point the PM complex was showing us. Today's price action is an important step in confirming the potential bullish outcome. There is still more work to be done from a longer term perspective but its one step at a time until total confirmation is attained.Lets start with the daily line combo chart we've bee...Read More
By: Ira EpsteinGold still needs to take out the missile day highs. Gold looking bullish with upside bias..Read More
Gold broke past $1600 after World Health Organization had cautioned there was not yet enough data to know if the epidemic had slowed. World Health Organization (WHO) Director-General said Chinese data "appears to show a decline in new cases" but any apparent trend "must be interpreted very cautiously." Russia said it will suspend entry of many Chinese citizens. Corporate profitability will be af...Read More
Gold futures logged their fifth straight gainThe Dow bounced back with a triple-digit win today, snapping a three-day losing streak in the process. The blue-chip index was propped up by a recovery from Apple (AAPL), while the number of newly confirmed coronavirus cases came in at their lowest level since January. In addition, China's Ministry of Industry and Information Technology said it would be...Read More
SEDG and SPWR stocks are making double-digit percentage movesA number of solar stocks are moving higher today, and options traders are moving in. Starting with Canadian Solar Inc. (NASDAQ:CSIQ), the stock is trading up 5.5% at $24.80, trading at its highest point in almost a year following news the company is selling a plant in Japan for $205 million, and calls are crossing at 19 times the pace e...Read More
OLED earnings are due out tomorrow eveningApple (AAPL) supplier Universal Display Corporation (NASDAQ:OLED) is enjoying a modest 0.3% lift this afternoon, last seen at $178.31 as Wall Street gears up for the company's fourth-quarter report. Slated for after the close tomorrow, Feb. 20, below we will dive into what the options market is pricing in the for the stock's post-earnings moves, and see h...Read More