U.S.-China trade headlines sparked a surge in Wall Street's "fear gauge" last week"...this VIX floor in the 12 region poses upside volatility risk, which equity market bulls should continue to take into account. A potential bullish scenario is the VIX continuing to work higher amid little to no damage in the equity market, giving it room to work its way lower back to 12 amid a breakout from a rang...Read More
'Da Boyz' Appear at 8:30 a.m. in New York (First published on: 07 December 2019 -- Saturday) - Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price traded flat up until 2 p.m. China Standard Time on their Friday afternoon -- and then got sold a bit lower for the next forty-five minutes or so. It began to creep quietly and mostly evenly higher until the jobs report came o...Read More
- Dave KranzlerPressures are already building on the financial stability front that will make the next economic downturn messier than anticipated." - Bill Dudley, former President of the NY FedI get irritated when I see mainstream media and alternative mainstream media parroting the propaganda used to cover up the truth. This morning Zerohedge echo'd the "corporate tax payments liquidity sq...Read More
StrengthsThe best performing metal this week was palladium, up 2.04 percent as hedge funds increased their net-long position in the futures market to a five-week high. Gold traders and analysts are mostly bullish going into next week in the Bloomberg survey amid mixed signals over progress in the U.S.-China trade war. The yellow metal climbed sharply early in the week after President Trump sai...Read More
NEWS &VIEWSForecasts, Commentary & Analysis on the Economy and Precious MetalsCelebrating our 46th year in the gold businessDecember 2019"Gold is set to join the all-time-highs club." - Mike McGlone, Bloomberg IntelligenceWhat we said then. What we say now.Michael J. Kosares, USA Gold- REVIEW & OUTLOOK -January 2019 headline article -Will 2019 be the year of the big breakout for gold?WHAT WE S...Read More
"There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose."What the heck did John Maynard Keynes mean by saying this? Overturning the existing basis of society?! Let's begin by sta...Read More
By: Ira EpsteinGold's monthly momentum turning down. At the moment stepped out of the uptrend, but a bullish crossover..Read More
Look at US economy in totality and not just the job creation. Job creation has to be supported by other factors like consumer spending, confidence among other factors. Christmas and early January is a global cyclical period of high consumption and hence higher jobs. US job market and global jobs market on or from February of next year will be the key. December-January trend in global jobs market...Read More
Stable Prices, SometimesDeaths of DespairRadical SolutionsIt's All Relative...Angst-Ridden VotersAccording to the dictionary, the word angst refers to "a feeling of deep anxiety or dread, typically an unfocused one about the human condition or the state of the world in general." It comes from a German word for "fear."Two weeks ago I referred back to my 2017 Angst in America series. "Deep anx...Read More
Harley Schlanger's work can be found at LaRouchePAC.com.Read More
Dozens of countries around the world are seeing massive social unrest. The foundation of the movement is freedom and income inequality. No more central planning and no more government control over individuals. The people in Hong Kong are fighting for their lives. Gerald explains why the Chinese have not shut down HK's massive civil unrest. In Spain it's Catalonia. The list goes on and on. All arou...Read More
*the interview begins at 0:52Mohamed El-Erian unpacks the major risks within Europe's economy. Mohamed El-Erian is 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 investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Har...Read More
In the interviews, more than 400 insiders offered unrestrained criticism of what went wrong in Afghanistan and how the United States became mired in nearly two decades of warfare. Continue...Read More
Imagine that President Trump spent his phone call with the Ukrainian president threatening to withhold military aid unless the Ukrainian government agreed to use the money to purchase weapons from a US manufacturer. Does anyone seriously think that foreign service professionals and deep state operatives would be so shocked and offended by Trump's request that they would launch efforts to impeach h...Read More
Comparing the popular narrative of rapidly improving sentiment with global dollar liquidity indicatorsBeyond Trade Wars and Trump Tweets: What liquidity indicators are actually telling us about the global economic outlookThe "King Dollar" meme: Why a strong USD doesn't necessarily imply U.S. economic outperformanceRead More
You would think that the Democrats would have learned from the Clinton Impeachment that the people do not support such nonsense. The Democrats haveContinue...Read More
"For too long, Russian doping has detracted from clean sport...The blatant breach by the Russian authorities of RUSADA's reinstatement conditions...demanded a robust response. That is exactly what Continue...Read More
Trump has decided to enforce food stamp rules, everywhere, not Just Illinois. But Illinois provides the lesson.Continue...Read More
"He served our Nation with great distinction as Chair of the Federal Reserve among other important positions, steering our country through challenging economic times more than once. Mr. Volcker was admired Continue...Read More
As long as the monetary base keeps growing, gold prices will keep rising, says E.B. Tucker, director of Metalla Royalty & Streaming. "The [monetary base] is never going to go down," he said. "Gold is not a way to speculate and make a big profit, it's a way to protect your wealth. It's wealth insurance."Read More