Since 2016, the US Monetary Base hasdeclined by about 23.68%. This is the deepest and longest decline since theFederal Reserve was formed. This should not be ignored.The last time there was a decline close tothis magnitude,there was a sharp deflationary recession. That was the one thatoccurred from 1920 to 1921.Below, is a long-term chart of the Monetarybase that goes back to 1918: During the 1920...Read More
Oct 27, 2019 Guest(s): Frank Holmes CEO, U.S. Global Investors Investors shouldn't pay much attention to short-term negative headlines highlighting weak gold sales during India's Diwali festival, said Frank Holmes, CEO and chief investment officer of U.S. Global Investors.In an interview with Kitco News, on the sidelines of the Silver and Gold Summit in San Francisco, Holmes said that despite di...Read More
Microsoft Corporation, Redmond, Washington, has been awarded a firm-fixed-price, indefinite-delivery/indefinite-quantity contract with a ceiling value of $10,000,000,000 over a Continue...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
Gold and silver recovered some lost ground this week, with gold up $22 from last Friday's close to trade at $1506 in early morning trade in Europe. Over the same timeContinue...Read More
"They made headway on specific issues and the two sides are close to finalizing some sections of the agreement. Discussions will go on continuously at the deputy level, and Continue...Read More
Chris Powell of the Gold Anti-Trust Action Committee joins updates us on the recent developments in the gold and silver manipulation prosecutions and discusses how the price spoofing schemes by the bullion banks may be tied to trades by central banks working to keep a lid on prices. Chris also explains why he thinks the "powers at be" are losing control of the price and how the recent positive pri...Read More
Oct 28, 2019 Guest(s): John Kaiser Kaiser Research Online Gold prices are not due for a correction, and a further rally towards $2,000 could happen if certain triggers in the economy are pulled, said John Kaiser of Kaiser Research Online. "The reason for gold to reprice into the $2,000 to $3,000 range is linked to this uncertainty, just growing and growing, and what will be the trigger that sudd...Read More
Oct 28, 2019 Guest(s): David Smith Senior Analyst, The Morgan Report Although unable to hold a 3% rally late last week, the silver price is still in good shape and investors just have to be patient, according to one market analyst. David Smith, senior analyst at the Morgan Report, said that although silver fell sharply from its highs Friday, the price is still holding support at $18 an ounce. "I...Read More
Gold has received a lot of fanfare this year, and for good reason. The talking heads on Bloomberg, CNBC and other networksContinue...Read More
- RambusKeeping an open mind when it comes to trading the markets is paramount. If one gets locked into one scenario and refuses to acknowledge any other possibility you will eventually find yourself on the wrong side of the trade. Even though I have a ton of bullish charts for the PM complex I also have just as many charts which show possible negative price action.This last chart for tonight...Read More
- Avi GilburtThis market has been difficult for both the longs and the shorts for months now. While it has been unwilling to break down, it has also been equally unwilling to break out.What makes me scratch my head even more of late is that the Fed has come to the table with its "not-really-QE-4" of $60 billion a month. For those that remember, QE1 was approximately $100 billion a month on ave...Read More
By: Ira EpsteinGold continues of the path of trying to breaking down, $1475 area support on weekly chart. Gold in sideways market and difficult to read at times..Read More
Gold is not rising on higher chances that a US-China trade deal will be done next week. Federal Reserve is expected to cut interest rates next week. Brexit will also be on focus. Rest there are no new factors. A US-China trade deal can result in a short term correction in gold and silver. However I will prefer to use sharp dips to invest in gold and silver. To all my readers, I have been a hardc...Read More
Microsoft's earnings beat couldn't pull the Dow back from 3M's dismal dayMore lackluster blue-chip earnings sent the Dow down 28 points today. Specifically, 3M (MMM) weighed on the index after slashing its full-year guidance, with that negative reaction offsetting a strong quarterly earningsreport from Microsoft (MSFT). In fact, it was a mixed day for earnings across the board. Outside the Dow, Tw...Read More
Meanwhile, sale talk has AYR shares running red-hotThe U.S. stock market is mixed today, as Wall Street sifts through a deluge of earnings reports. Among individual names making notable moves today is weed stock Tilray Inc (NASDAQ:TLRY), aircraft issue Aircastle Limited (NYSE:AYR), and semiconductor processing equipment specialist Lam Research Corporation (NASDAQ:LRCX). Here's a quick roundup of w...Read More
RSX is trying to push through the $24 regionThe VanEck Vectors Russia ETF (RSX) has been in focus multiple times in 2019, due to geopolitical developments, and the exchange-traded fund (ETF) is again making a big move today. RSX was last seen trading up 1% at $23.83, pacing for its best close in a month, likely thanks to buzz around Russia's agreement with Turkey to share Syrian territory, followi...Read More
Ford is lower after trimming its full-year guidanceWhile Tesla (TSLA) shocked the auto world with its earnings beat yesterday evening, Ford Motor Company (NYSE:F) hasn't been so lucky. Ford shares are down 7% to trade at $8.56, after the carmaker cut its full-year earnings forecast, citing weak demand in China and higher warranty costs. Also weighing on Ford is a 50-cent price-target cut to...Read More
(Repeats to add links to FACTBOXES, no other changes) * Flagship forum to showcase Saudi future away from oil * Diversification slow to take off as investors remain wary * More participants expected than last year's event * Aramco IPO still biggest attractionBy Davide Barbuscia, Saeed Azhar and Stephen KalinDUBAI, Oct 25 (Reuters) - Wall Street's heavy hitters areback in Saudi Arabia but the terms...Read More