One aspect of contrarian trading looks at outperforming stocks surrounded by negative sentiment You might be familiar with our contrarian philosophy of trading. In short, as contrarians, we look for stocks that have had bullish stock price action and despite that, investors continue to have doubts and negative feelings about the stock. The idea is that the large number of doubters represents a lot...Read More
Bob Moriarty ArchivesDec 18, 2019A very short nine weeks ago I was giving good advice to my readers when I said:“I was writing aboutNevada Copper five months agoand the shares were $.395. Today as the price of copper has gone down by ten percent and we move into tax loss silly season, the shares are $.215. They were cheap then, they are cheaper now along with most of their brethren.”Th...Read More
Gary ChristensonThe official US national debt in 1913 was $2.91 billion. In 1971, when President Nixon lied about temporarily disconnecting gold from the dollar, the official national debt was $398 billion.By 2019 the official national debt has grown to $23,000 billion.Politicians borrow and spend to reward cronies and buy votes. They also increase their personal wealth. Human nature changes slo...Read More
By: Robert LambourneTuesday, December 17, 2019In the past two months the Bank for International Settlements, which represents most central banks in the world, has nearly doubled its gold swaps and derivatives position, the bank's October and November statements of account show.The BIS uses gold swaps and other gold derivatives to gain access to gold held by commercial banks. As of November 30 th...Read More
By: Avi Gilburt, ElliottWaveTraderI know that many investors follow correlations as if they were gospel. But, do they really understand what a correlation represents?You see, markets are not linear in nature. While two different markets may be traveling in the same direction for a period of time, unless you understand each chart on its own, how will you ever know when a seeming correlation will...Read More
By: Ira EpsteinGold bias remains still to the downside. Daily gold chart shows drifting sideways for a very long time:Read More
Gold will break free from $1470-$1490 trading range and form a new range. Silver will break free from $1660-$1750 and form a new range. Copper and crude oil need to trade over current price to be in bullish zone. Trump and his impeachment related news and the US political drama needs to be closely watched. Do not ignore economics. 2019 will go down as the year where voters have given a larger th...Read More
Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set up his own business, Marc Faber Limited which acts as an investment advisor...Read More
***This webcast originally aired live on Hedgeye.com on December 10, 2019***Danielle and Keith discuss the current economic set-up, Fed policy and the implications for financial markets.Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched...Read More
Bob's website: tradegeniusacademy.comRead More
There are a few common denominators amongst billionaires, or as James Altucher, managing director of Formula Capital, refers to as "peak performers of their fields.""There's one concept I call 'ready, fire, aim.' So, when they have an idea, they'll act as if they've already achieved the idea and then they'll figure out how to achieve it," Altucher told Kitco News.Read More
A federal judge ruled on Tuesday that the US government is entitled to the proceeds from Edward Snowden's memoir, as well as any money he earns from paid speeches, because the former National Security Agency Continue...Read More
Daniel's website: https://www.dlacalle.com/en/Daniel Lacalle has a PhD in Economy, is Professor of Global Economy and Fund manager. He holds the CIIA financial analyst title, with a post graduate degree in IESE and a master's degree in economic investigation. Member of the advisory board of the Rafael del Pino foundation. He was ranked Top 20 most influential economist in the world 2016 (Richtopia...Read More
Michael Oliver updates us on his momentum and structural indicators for gold and other key markets.Read More
The Fed will continue to be accommodative in 2020 due to a host of macroeconomic issues that are still unresolved, this according to Peter Hug, Global Trading Director of Kitco Metals."I've got a couple of issues with the markets from an equities perspective. First of all, I think the valuations are a bit extended. I don't think the market has truly factored in the Brexit issue. With Boris Johnson...Read More
Greg Weldon's thoughts on the Phase One Trade Deal...how it is bullish for Emerging Market Equity Index ETFs...and...a sneak peek at today's coverage of the explosive move in Coffee, as it relates to he MASSIVE unrealized profits it has generated for our clients in TradeLAB !!!Gregory Weldon is CEO of Weldon Financial and Editor of the influential newsletters "Weldon's Money Monitor," the "Commodi...Read More
Former US Attorney General, Eric Holder, had the audacity to write in the highly partisan Washington Post with the headline: "William Barr is unfit to be attorney general." Holder accuses Attorney GeneralContinue...Read More
With only a few trading days remaining in 2019, a clear winner has emerged in the contest of gold mining ETFs. The U.S. Global GO Continue...Read More
Bob Moriarty of 321gold takes a look at the Daily Sentiment Index for palladium. The price of palladium has been on a tear lately.Like every other investor I would love it if every one of my investments went up day after day. But it never seems to happen for me. Actually, in real life, the more days something goes up and the faster it goes up, the greater the risk of a back breaking crash. Pallad...Read More
Gary ChristensonThe official US national debt in 1913 was $2.91 billion. In 1971, when President Nixon lied about temporarily disconnecting gold from the dollar, the official national debt was $398 billion.By 2019 the official national debt has grown to $23,000 billion.Politicians borrow and spend to reward cronies and buy votes. They also increase their personal wealth. Human nature changes slo...Read More