Erik Townsend and Patrick Ceresna welcome David Rosenberg to MacroVoices. They discuss the latest FOMC statement, recent dislocation in value & growth, outlook on the bond market and more.Read More
Critical Mass - A point or situation at which change occurs.Just over a year ago Cameco made the difficult decision to close its MacArthur River and Key Lake mines, in response to low uranium prices, leaving the Canadian company’s flagship Cigar Lake facility as its only operating mine left in northern Saskatchewan, home to vast reserves of the nuclear fuel. The mine closures by C...Read More
Adam HamiltonArchivesSep 20, 2019 The Federal Reserve's endless machinations really affect the gold price, sometimes confounding traders with seeming illogicalness. This week the Fed cut rates again, which has really boosted gold in the past. Yet it plunged 1.7% in less than an hour after this latest decision! While gold's Fed reactions often look capricious, there's a method to this madness. Trad...Read More
Topics include: the bond market explosion, coming inflation, monetary expansion, narco trafficking supports the banks, the Saudi oil field attacks were faked, Afghan heroin trade, US government loss of credibility, coming isolation, modern monetary theory is not modern, the fed forced to buy back it's own issuance, the growing RMB monetary system, shenanigan with treasuries, things speeding up, no...Read More
John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a freq...Read More
Continue...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
Fund manager Matt Geiger provides his overview of the resource market and shares some principles he is using to invest in today's market. The natural resource landscape has shifted dramatically since the end of 2018. At the time, we were still nursing our wounds from an unexpectedly vicious 2018 and hoping to avoid a repeat performance in 2019. I did speculate that "we may have already exited the...Read More
Can you name any other cell phone providers other than AT&T, Verizon, Sprint or T-Mobile?If you can't, I don't blame you. The 'Big Four' have dominated the mobile provider space for decades.And with their dominance, they've been able to dictate the price of your monthly phone plan. The average starting price of an unlimited plan within the Big Four is now $68.75 a month.Notice I said "starting...Read More
Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Nick Barisheff, CEO of BMG and the author of the popular book "$10,000 Gold."Read More
The S&P500 just experienced its first period of back-to-back declines since 2016, a phenomenon typical of earnings recessions.Continue...Read More
Fund manager Matt Geiger provides his overview of the resource market and shares some principles he is using to invest in today's market. The natural resource landscape has shifted dramatically since the end of 2018. At the time, we were still nursing our wounds from an unexpectedly vicious 2018 and hoping to avoid a repeat performance in 2019. I did speculate that "we may have already exited the...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 341,51158,91265,382163,008481,407569,901605,701 Change from Prior Reporting Period 7,397-5,4774,3456,94719,73518,68918,603 Traders 21167785256291177 Small Speculators LongShortOpen Interest 61,08925,289630,990 -2,452-2,36616,237 non report...Read More
The Federal Reserve's endless machinations really affect the gold price, sometimes confounding traders with seeming illogicalness. This week the Fed cut rates again, which has really boosted gold in the past. Yet it plunged 1.7% in less than an hour after this latest decision! While gold's Fed reactions often look capricious, there's a method to this madness. Traders need to understand...Read More
Michael Pento Ph.D. & Chris Waltzek Ph.D. - September 19th, 2019. * .Mp3 format.HighlightsMichael Pento, President and Founder of Pento Portfolio Strategies LLC returns to Goldseek.com. The duo concur that the US PODUS is attempting improve the position of the domestic economy. The EU and related economies may be on the cusp of a new Great Recession. The EU enacted QE operations via 20 bil...Read More
Stewart Thomson, Graceland Updates 1. Please click here now. The Fed just cut interest rates again. It also cut the rate it pays banks on their excess reserves. 2. What does this mean for gold? Well, the 30basis point cut on excess reserves is bigger than the 25basis point cut on the fed funds rate. That could incentivize banks to loan money to the private sector rather...Read More
By: Ira EpsteinGold in a correction but on a weekly basis remains in an up-thrust, but I am concerned gold is challenging short-term lows..Read More
All three benchmarks logged their first weekly loss in a monthThe Dow traded in a 268-point range on quadruple-witching expiration, eventually slumping to a triple-digit loss. U.S.-China trade headlines drove today's price action, with stocks initially rising after President Donald Trump revealed a lengthy list of Chinese goods exempt from tariffs. However, the Dow pivoted sharply lower in afterno...Read More
Reports the company could explore a sale are driving FIT higherFitbit Inc (NYSE:FIT) call options are flying across the tape today, with roughly 19,000 contracts exchanged so far -- already almost doubling the stock's average full-day volume of 9,991 contracts, per Trade-Alert. Front-month options expiration is just hours away, and traders are keying in on FIT's soon-to-expire September 4 call, wh...Read More
Gold prices finished higher Friday to end the week with a gain for the first time in about a month, as President Donald Trump announced more sanctions on Iran and China reportedly cut short its trade negotiations with the U.S., fueling haven demand for the precious metal. "The confrontation with Iran [is] still very real," said Jeff Wright, executive vice president of GoldMining Inc. "So you have...Read More
Oil had its best day in over a decade on MondayThe week started off with a bang, as oil prices staged their biggest one-day surge in a decade following airstrikes on Saudi Arabian crude production facilities. The stock market's reaction was negative, though, with the Dow snapping its eight-day winning streak. The blue-chip index continued to struggle as the week wore on, and appears on pace to log...Read More