Yesterday, that was already the third time this yearwhen the Fed cut interest rates. In response, the price of gold erased earlierlosses. That sounds a bit fishy. What is going on? Fed LowersInterest Rates by 25 Basis PointsYesterday, the FOMC publishedthe monetary policy statement from itslatest meeting that took place on October 29-30th. In linewith expectations, the U.S. central bank cut the fe...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 335,42358,90865,405176,997478,213577,825602,526 Change from Prior Reporting Period 12,506-4,877-1,7845,66811,52716,3904,866 Traders 20575755651284182 Small Speculators LongShortOpen Interest 65,61740,916643,442 1,52413,04817,914 non report...Read More
The gold miners' stocks have surged in 2019, blasting higher after gold's first bull-market breakout seen in several years. That powerful summer rally left them really overbought, necessitating a correction to rebalance exuberant sentiment. That grinding consolidation lower has set them up nicely for their winter rally, this sector's seasonally-strongest time of the year. These seasonal...Read More
- Dave Kranzler"By sticking to the new orthodoxy of monetary policy and pretending that we have made the banking system safe, we are sleepwalking towards that crisis." - Mervyn King, former head of the Bank of England in a lecture at the IMF's recent annual meetingThe market levitates higher on phony economic data from the Government, Trump tweets, Fed money printing and hedge fund algorithms c...Read More
Marin KatusaDoug is a legend in the business.Like with most legends, comes the peanut gallery that try to bash what he has accomplished to have their dorky voices heard among the roar of a legend. Ask yourself this, these trolls who bash, what have they accomplished?Doug has travelled to over 100 countries, lost and made more money than most can comprehend. And he's experienced a life most can...Read More
- Avi GilburtOriginally published on Sat Oct 26 for our ElliottWaveTrader members: While we have the minimum waves now in place to consider that the pullback/correction we have been tracking for the last two months has completed, and the market has clearly held the support we have outlined which we expected to hold during this pullback, questions still remain as to whether we can still see an...Read More
Gold has shrugged off the latest blather from the Fed and looks bound for at least 1536. Some Rick's Picks subscriber caught the move, and I'll show you how. T-Bonds have also caught fire and deserve a look.https://www.rickackerman.com/Read More
By: Ira EpsteinMarkets spooked by impeachment, US-China Trade deal news. Gold is up over $15 for the week as of the close Thursday, on the daily chart, gold stuck in sideways short-term, resistance around swingline - DEC: $1520.90Read More
Dear Rich Lifer,You're probably familiar with the '4 percent rule' and 'Multiply by 25' rule.If you haven't heard of these rules, don't worry! I'll explain in second.But first, I'm willing to bet that those of you who have heard of these rules are getting them confused.Multiply by 25The 'Multiply by 25' rule estimates how much money you need to retire worry free.Here's how it works: multiply your...Read More
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 Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Erik Townsend and Patrick Ceresna welcome Alex Gurevich to MacroVoices. They discuss the latest FOMC meeting, if it's time to go long in the treasury market, outlook on gold and more.Read More
Doug, you predicted that Trump would win the election long before most people even thought he had a chance. Now, almost three years in, how would you rate his presidency?Continue...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
Nov 04, 2019 The economic backdrop for Canada, already grim, is now looking even poorer under the new minority Liberal government, led by a re-elected Justin Trudeau, says Kevin O'Leary, chairman of O'Shares ETFs and star of the hit show Shark Tank. "What is the definition of leadership if it isn't to unite a country? Here's a guy that's so poor in executional skills, in strategic skills, in any k...Read More
Nov 04, 2019 Guest(s): Amir Adnani, CEO, UEC Fundamentals are in favor of uranium, which should see prices recover in 2020, said Amir Adnani, president and CEO of UEC. "We should see uranium prices really higher than current levels because demand for uranium is projected to be 190 million pounds. Production of uranium is expected to be 140 million pounds, so there is a gap between primary suppl...Read More
Continue...Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about specific market verticals including natural resources/metals/mining, energy, commodities, and technology. Since 1979 he has wri...Read More
The gold miners’ stockshave surged in 2019, blasting higher after gold’s first bull-market breakout seenin several years. That powerful summer rallyleft them really overbought, necessitating a correction to rebalance exuberantsentiment. That grinding consolidationlower has set them up nicely for their winter rally, this sector’sseasonally-strongest time of the year.&n...Read More
The 1960s and 70s were decades of incredible social upheaval. Fed up with wars, governments out of touch with their ideals, authority figures who didn’t get them, the “flower children” of the '60s took to the streets to demand equal rights for women, civil liberties for black Americans, an end to President Johnson and Nixon’s Vietnam quagmire - all fueled by a powerful new...Read More
Yesterday, that was already the third time this yearwhen the Fed cut interest rates. In response, the price of gold erased earlierlosses. That sounds a bit fishy. What is going on? Fed LowersInterest Rates by 25 Basis PointsYesterday, the FOMC publishedthe monetary policy statement from itslatest meeting that took place on October 29-30th. In linewith expectations, the U.S. central bank cut the fe...Read More
By: Ira EpsteinGold bears in a trap? They are under the pressure on the outside day out. The battle ground in gold is seen..Read More