There's a ton of big-name companies releasing quarterly reports todayU.S. stock futures are pointing to a mixed open for a huge day in earnings. Several big names have already reported this morning, including Dow Jones Industrial Average (DJI) components McDonald's (MCD), Travelers (TRV), United Technologies (UTX), and Procter & Gamble (PG), with the latter stock in particular seeing notable stren...Read More
Broad-based VTI is raking in cash month-to-date, even as traders flee S&P trackersThe month of October has a (somewhat deservedly) "spooky" reputation for stocks -- and although the S&P 500 Index (SPX) is narrowly above breakeven on a month-to-date basis, as of this writing, investors have been pulling capital out of its well-known exchange-traded fund (ETF) tracker, the SPDR S&P 500 ETF Trust (NY...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comOct 22, 2019 If investors bring proper tactics to the table, gold price reactions can be exhilarating. Please click here now. Double-click to enlarge this GDX daily chart. There’s nothing more satisfying than buying a market near a low and selling near a high.The key to doing that is...Read More
Keith Weiner, Monetary MetalsWe talk a lot about the falling interest rate, the too-low interest rate, the near-zero interest rate, the zero interest rate, and the negative interest rate. Hat Tip to Switzerland, where Credit Suisse is now going to pay depositors -0.85%. That is, if you lend your francs to this bank, they take some of them every year. Almost 1% of them.A bank deposit comes wit...Read More
Stewart Thomson 1. If investors bring proper tactics to the table, gold price reactions can be exhilarating.2. Please click here now. Double-click to enlarge this GDX daily chart.3. There's nothing more satisfying than buying a market near a low and selling near a high.4. The key to doing that is buying near a previous low, either with very small size or with a stop...Read More
Clint SiegnerThe Wall Street Journal's Jason Zweig famously referred to gold as a "Pet Rock" in 2015. He was blasted by people who understand that gold is no passing fad, and it serves some very important roles in an investment portfolio.The valuable roles played by gold have been well covered here. It's a hedge against both inflation and deflation, it represents true diversification for por...Read More
By: Ira EpsteinGold might be heading back to $1475 support area, the daily chart shows no-man's land..Read More
Riots have become the norm in France, Ecuador, Hong Kong and now Chile. John sees this as a function of out of control debt and the running out of other people's money. The US could find itself in a similar situation after the election. There's a belief among the world's population that corruption has become the norm and that there's no way to reign it in. This could lead to half the nation believ...Read More
Wikileaks publisher Julian Assange appeared before a UK judge to request more time to prepare his case against the US extradition request. Acting more like a Soviet triubunal, the judge went on to deny his every request. He is not allowed to prepare to fight his extradition. Even though Assange has served his time for "jumping bail" the British court ruled that he must remain in prison. His shocki...Read More
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 a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
We have lost all of our freedoms, we are just too busy to take notice. The pretend whistleblower against Trump was orchestrated by Democrats to create an issue Continue...Read More
Not so long ago the US economy had some bright spots that seemed to justify a general sense of optimism. The fracking revolution had turned the country into the world's largest Continue...Read More
When volume is low look for increased prices.When volume goes higher, look for declines. Volume has trailed off since the October sell-off. We're not in a bear market yet. Prices remain above all their moving averages and indicators. Nick believes we're not in a bear market. It's a trendless market, but since the May low, we've made higher lows, so there's a slight upside bias. One thing that ever...Read More
Topics:Changing of thepopulism Guard: Populism on the rise globally and what it meansBrexit: Will it happen and what does it mean for markets?Steve Keen is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. Keen was formerly an associate professor of economics a...Read More
"I do not question the actions of the New York Fed, but I write to seek clarity on why they were necessary, and the implications of the cause of the spikes." Continue...Read More
The agreement reached between Turkish President Erdogan and U.S. Vice President Pence for a temporary ceasefire in the Turkish incursion into northern Syria demonstratesContinue...Read More
Thibaut Lepouttre of Caesars Report profiles this company exploring its large land package in Finland's greenstone belt. Jeesio BOT Sampling Winter 2018IntroductionFinland would hardly be a country you'd think of when considering exploration companies. However, it's not such a far-fetched idea as senior producer Agnico Eagle Mines (AEM, AEM.TO) has been a successful producer in Finland for years...Read More
Frank Holmes, CEO of U.S. Global Investors, discusses why he believes gold will go to $10,000, weighs in on the cryptocurrency versus gold debate, and explains why his gold and precious metals ETF is outperforming its peers, naming some of its top performing companies. The Gold Report: Frank, you've said you expect gold to reach $10,000/oz. Can you tell us about your prediction and the factors th...Read More
Keith Weiner, Monetary MetalsWe talk a lot about the falling interest rate, the too-low interest rate, the near-zero interest rate, the zero interest rate, and the negative interest rate. Hat Tip to Switzerland, where Credit Suisse is now going to pay depositors -0.85%. That is, if you lend your francs to this bank, they take some of them every year. Almost 1% of them.A bank deposit comes wit...Read More
Stewart Thomson 1. If investors bring proper tactics to the table, gold price reactions can be exhilarating.2. Please click here now. Double-click to enlarge this GDX daily chart.3. There's nothing more satisfying than buying a market near a low and selling near a high.4. The key to doing that is buying near a previous low, either with very small size or with a stop...Read More