Gold closing above $1500 to $1503 is extremely bullish.Inflation, debt and rising consumer prices may cause and explosion in the metals, especially gold.The daily signals average is $1509, while the S1 target that was activated is $1523.$1523 is the beginning of distribution of supply for the daily and weekly numbers. Commodity Inflation May Trigger a Gold Rush Although the government disagrees, i...Read More
The U.S. Justice Department and SEC are investigating Under ArmourUnder Armour Inc (NYSE:UAA) stock is sinking in electronic trading -- down 13.4%, at last check -- on news the athletic apparel retailer is being investigated by U.S. federal regulators over possible accounting fraud. The Wall Street Journal initially reported on the probe, which is being conducted by the Justice Department and the...Read More
Allogene Therapeutics has received many bull notes since going public last yearCAR-T therapy has been the big thing in oncology in recent years, and one name at the forefront of the immuno-oncology movement is Allogene Therapeutics Inc (NASDAQ:ALLO). In fact, Canaccord Genuity came out with a note this morning praising the company, saying its allogeneic CAR-Ts could be a market leader in the allog...Read More
Potential support resides at prior highs, which coincided with previous Fed rate cuts"A couple of factors that could be supportive of stocks in the weeks ahead is the contrarian implications of low earnings expectations as we move into earnings season. And, since late April, when the SPX was trading around 2,950, short interest on SPX component stocks is up nearly 11%..."-- Monday Morning Outlook,...Read More
Jordan Roy-Byrne CMT, MFTAIn our most recent editorial we concluded by observing a few positives in the gold and silver stocks. W concluded with: "Their performance over the weeks ahead could give us an early hint as to how much longer the correction will last."Fast forward another week and a few positives has morphed into a handful of positives. First let's look at GDX. In the chart below we p...Read More
StrengthsThe best performing metal this week was platinum, up 2.61 percent, followed closely by palladium, up 2.39 percent. Both platinum and palladium experienced strong demand as hedge funds pushed their net-long positions to five and three-week highs, respectively. Gold traders and analysts were mostly bullish in the weekly Bloomberg survey due to renewed concerns over a trade deal between...Read More
RambusI've been holding off on writing this Weekend Report for the US stock markets until I got just a little more confirmation that the next impulse move higher is underway. Last weeks price action is strongly suggesting that the nearly 2 year consolidation phase is drawing to a close. Lets say I'm seeing some green shoots sprouting up in many different areas of the markets.Most investors rely...Read More
What are we to make of Wall Street's exuberance on Friday over news concerning a U.S. economic expansion that refuses to die? Employers are hiring, consumers are spending and business is humming despite a dramatic economic slowdown in Asia, Europe, South America and elsewhere. Perhaps America really is an economic island, one blessed with unstinting support from a central bank that has finally s...Read More
Click here for the full transcript: http://financialrepressionauthority.c...Yra Harris is a trader with over 32 years of experience in all areas of commodity trading, with broad expertise in cash currency markets. He has a proven track record of successful trading through combination of technical work and fundamental analysis of global trends; historically based analysis on global hot money flows....Read More
Harley Schlanger's work can be found at LaRouchePAC.com.Read More
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 kind of vision...Read More
"President Trump made the decision to withdraw from the Paris Agreement because of the unfair economic burden imposed on American workers, businesses, and taxpayers by U.S. pledges made Continue...Read More
Attorney General William Barr recently sent a memo to law enforcement officials announcing a new federal initiative that would use techniques and tools developed in the war on terror, such as mass surveillance, to identify potential mass shooters. Those so identified would be targets of early interventions, which would include the disregarding of Second Amendment rights, as well as the imposing of...Read More
What's the ideal way to get into gold stocks right now? According to Rick Rule of Sprott, investors should begin by buying the best of the best. "In the equities we are suggesting to people that at the beginning of a gold bull market you want to buy the best of the best stocks," he said at the New Orleans Investment Conference."If you have a cycle where the index has moved 200 percent to 1,200 per...Read More
"You have record levels of liquidity flowing into the U.S. stock market. There's simply no way stocks can not go up under such amounts of serious support."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 S...Read More
If it seems like it was just over a month ago that the repo market suddenly suffered its biggest cardiac arrest since the financial crisis, when overnight repo rates exploded fromContinue...Read More
The hedge fund manager agreed to a lengthy interview with CNBC. It was wide-ranging and pushed the billionaire to tears.Continue...Read More
In our most recent editorial we concluded by observing a few positives in the gold and silver stocks. We concludedContinue...Read More
This is a response podcast to the interview that Max Keiser did on Kitco.Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street...Read More
Sector expert dissects recent Fed and other government actions and discusses his recent precious metals trades. In the 1976 movie "Network," British actor Peter Finch won an Academy Award for his stunning portrayal of news anchorman Howard Beale, whose on-air descent into insanity, prompted by the social and economic conditions of the times, is now legendary. The iconic scene where Beale, clad in...Read More