By: Robert LambourneIts statement of account for October shows that the Bank for International Settlements continues actively trading in gold swaps. The BIS uses gold swaps and other gold derivatives to gain access to gold held by commercial banks. Recent swap levels remain much lower than they were in the second half of 2018, although the level of swaps as of October 31, an estimated 186 tonnes...Read More
StrengthsThe best performing metal this week was silver, up 1.02 percent on little news. Gold traders and analysts were mostly bullish on their outlooks for gold next week despite lower prices. Fifty-three percent of respondents were bullish in the weekly Bloomberg survey. Serbia bought nine tonnes of gold in October and the metal now accounts for 10 percent of the nation's foreign reserves. Ser...Read More
Dear Rich Lifer,As I mentioned in one of my issues last week, I attended the first annual Paradigm Press summit in New York City and gave a talk to both live attendees and thousands of additional investors with streaming access to the event.The entire event was terrific with eye-opening insights from many additional presenters - Jim Rickards, Nomi Prins, Tim Sykes, Ray Kurzweil, George Gilder, Gra...Read More
Presidential candidate Joe Biden recently went on record saying he does not suppport legalizing marijuana on the federal level beacause it may be a "gateway drug." This did not sit well with Mr. Rogan. Joe is a well-known marijuana user who often discusses his positive experiences with the drug.Here is Joe's Instagram response:The people who say "marijuana is a gateway drug and it shouldn't be leg...Read More
(Recorded Nov 11, 2019) Renowned natural resource investment guru David Morgan returns to share insights from his recent address at the New Orleans Investment Conference, on: "What if Silver Were Treated Like Gold?"Morgan also responds to new revelations from the ECB and field viewer questions on what's ahead for precious metals, food, and other real assets in a system fatally detached from realit...Read More
The Saudi Aramco saga continues as the world's most profitable company has set its value at $1.7 trillion dollars, despite balks from international investors. Todd Horwitz of Bubba Trading and Peter Schiff of Euro Pacific Capital are both on hand today to break down the stellar target, and so much more.Peter Schiff is an internationally recognized economist specializing in the foreign equity, curr...Read More
Bob Moriarty of 321gold discusses the Daily Sentiment Index and what it could mean for the markets. As of November 18th, sentiment for the S&P futures and the Nasdaq Index is approaching nosebleed territory. The infusion of hundreds of billions of dollars on the Fed's balance sheet since Mid-September has pumped the stock market higher in response. But no matter how big the balloon, if you keep p...Read More
Images are "purposely mixed in to lower the kid's super power and esteem so that they can be more susceptible to consumption and feel that they need to consume and become Continue...Read More
Nov 20, 2019 Guest(s): Todd 'Bubba' Horwitz Chief Market Strategist, BubbaTrading.com Gold prices remain unchanged Wednesday following the release of the FOMC minutes from the October meeting, but the long-term trajectory for the yellow metal is still constructive, said Todd Horwitz, chief strategist of BubbaTrading.com. "Over time, gold's going to go much higher, but in the near-term here, I do...Read More
Should we fail, we can look forward to a future where humanity consists of little more than digitally lobotomized automatons responding like lab rats to algorithms createdCotninue...Read More
Short Seller Kevin Duffy spots early signs that the bond bubble is bursting. In an in-depth conversation with The Market, the head of hedge fund Bearing Asset Management Continue...Read More
In a key policy shift, the ECB has recentlyintroduced tiered system of interest rates. This news isn’t of interest only tothe banks keeping their reserves at the ECB. In today’s article, you’ll learnabout the new instrument of monetary policy, and find out what it implies forthe gold market. If you think that monetary policy in the UnitedStates is crazy, you are right. But in Eur...Read More
Impeachment circus lows and stock market highsdominated the news cycle this week, and precious metals are quietly attemptinga recovery. Bulls still have some work to do to repair thetechnical damage inflicted on both metals during last week’s selling. Gold and silver still face some overhead resistance and the potential for concentrated shortselling by financial institutions in the futures m...Read More
This, the final section of this multi-part research article, will continue our exploration of the consequences that may result from our ADL predictive modeling system’s suggestion that Oil may continue to fall to levels below $40 over the next few months. In Part I and Part II, we’ve highlighted what we believe to be very compelling evidence that any continue oil price decline fr...Read More
The gold price bottomed in late 2015 around $1,050 per ounce. It has since advanced to a high of $1,555 in early September, followed by a pullback to the current price of $1,470. Gold is in a well-defined uptrend channel with higher lows and recently higher highs. The breakout above $1,360 this summer was significant and we have seen follow-through buying. The $420 move in the price of gold from t...Read More
Craig Hemke, founder of TFMetals Report, returns to confirm the admissions and warnings that are leaking out from global banking leaders that we are entering a global financial crisis.Link to Financial Times article on ECB President Christine Lagarde's statements on jobs vs. savingshttps://www.ft.com/content/eb8dae8c-f...Link to The Guardian Article "World economy is sleepwalking into a new financ...Read More
Protestors in Hong Kong have begun using bows and arrows to fight for their freedom. Continue...Read More
This is getting ridiculous. Every few days another country blows up, as their citizens take to the streets with little warning and no apparent interest in a quick settlement. Here's the first Continue...Read More
The fear that today's low or negative interest rates render central banks helpless in face of the next economic crisis.Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklah...Read More
Looking for leaks? Consider the number of people Trump has in the room when he makes calls as well as the phone itself.Continue...Read More