As the broad market continues to ride its best year-to-date performance in more than two decades, investors who haven't been paying close attention may be surprised to discover that 2019 has also been a stellar year for gold. While gold isn't having quite the historic run that we're seeing in equities so far this year, it's not for lack of performance - metal prices simply surged higher faster,...Read More
Craig HemkeBack in January, we predicted that in 2019 the precious metals would see their best annual gains since 2010...and so far, they have! So now the question becomes: will the metals hold these gains and extend or will they fall back in the fourth quarter?And why were we so confident back in January, when every major analyst and sell-side economist was expecting higher interest rates and...Read More
- Gary ChristensonHurricane Dorian pounded the Bahamas and hit the United States. The destruction was impressive.Hurricane Federal Reserve has devalued the dollar for over a century. The destruction has been large. A few benefited, many lost wealth, purchasing power, pensions, jobs, and homes.Hurricane National Debt has reached Cat 5 status, over $22 trillion in unpayable debt that weakens...Read More
Clive MaundThe Democrats never came to terms with losing the 2016 election to Trump and it has festered and rankled with them ever since. Deep State candidate and the world's worst loser Hillary Clinton even wrote a massively self-indulgent and trite "post mortem" on the election called "What Happened" - it's hard to imagine who would be dumb enough to waste their time reading such drivel.Ever s...Read More
Is Gold now back in a bull market? Most gold bugs think so and are quick to proclaim that.But, could Gold remain in a secular bear market? It hasn't made a new all time high in 8 years and the perma-bull, financial asset loving crowd certainly believes so.This is semantics because what really matters is making money and nothing else. With that said, Gold is not in a real bull market yet. We can...Read More
Gold's strength is no secret at this point, and that's why the uptrend is getting trickier to play. Let me offer a few suggestions..Read More
By: Ira EpsteinGold resistance can be seen around $1,556 - Dec. Gold (upper Bollinger band). The silver chart looks pretty darn good..Read More
Trade war will continue. Trump bashing China for atrocities to Muslims is a part of the trade war. Saudi Arabia has a beheading culture. Not a single nation dare criticize Saudi Arabia. Wahabi form of Islam is funded by Saudi Arabia to spread it worldwide. Wahabi form of Islam is more repressive than Chinese atrocities towards Islamic followers. Which nation or religion allows lashes for petty c...Read More
Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More
David Stockman illustrates how U.S. Treasuries have become a massive Ponzi scheme that investors buy because they are assured of continuous profits thanks to QE.David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a pr...Read More
Alasdair Macleod, with experience as a stockbroker, banker and economist, focuses on low-to-negative rates and how that will trigger commodities prices to go much higher.Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist. Read More
Financial and precious metals expert Egon von Greyerz (EvG) says the signs abound that we are nearing the end of this global fiat money experiment while central bankers are befuddled.Egon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland. Since the 1990s Egon von Greyerz has been actively involved with financial investment activities including mergers...Read More
Debt keeps on increasing at increasing rates. That should be good news for the repo market. And yet, Fed's Repo man is in a quandary. How could chaos reign in a stodgy market that's been around since 1917. The premise is simple. Buy securities to loosen liquidity. Sell securities to tighten liquidity. But Houston, we have a problem. This market broke down and no one has really explained why. That'...Read More
Charles Nenner has been calling for higher gold/precious metals prices for a while now. The market has finally caught up with his forecast. Gold will start rising again next year and eventually hit the $2500 mark. Look for a much more volatile VIX index, lower energy and food prices and a hastening of the deflationary trend. Strong dollar, low rates and higher bond prices. It's going to get intere...Read More
Last week the Department of Justice not only charged several JP Morgan traders with manipulating the market, but even went as far as to say that "its precious metals trading desk was a criminal enterprise operating inside the bank".Of course for those who have been following Ted Butler's research in recent years, the news hardly comes as a surprise. Although it does certainly add a new volatile el...Read More
I mean what I say that the central banks are TRAPPED!!!!! People have NO IDEA what we face. The system is unraveling but not even those in government have understood how it Continue...Read More
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 at University of Western Sydney, until he applied for voluntary redundancy in 2013, due to the closure of the economics program at the universi...Read More
"Deutsche Bank has comprehensively examined the facts of the matter and has voluntarily provided the requested documents as far as possible," the bank said in a statement.Continue...Read More
"Wow. Impeachment over this?" Sen. Lindsey O. Graham (R-S.C.) said Wednesday. "What a nothing (non-quid pro quo) burger."Continue...Read More
House Speaker Nancy Pelosi (D-CA) said that "the release of the notes of the call by the White House confirms that the President engaged in behavior that undermines the integrity Continue...Read More