The world's No. 1 cryptocurrency, bitcoin, has enjoyed a very loose relationship with other assets during its brief history, but that could be changing, a recent chart shows. A report from Digital Asset Data illustrates (chart attached) that over the past three months, bitcoin has moved in tandem with gold and has swung inversely to moves in the stock market. That theory may explain why bitcoin B...Read More
Adam HamiltonArchivesAug 23, 2019 The mid-tier gold miners' stocks have soared in recent months on gold's decisive bull-market breakout. They are this sector's sweet spot for stock-price upside potential, with room for strong production growth which investors love. That's an attractive contrast to the stagnating major gold miners. The mid-tiers' recently-reported Q2'19 results reveal whether their...Read More
Max interviews Wolf Richter of WolfStreet.com about the significance of negative yields and what it says about the future of our economy.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser invented "Virtual Specialis...Read More
"Such unilateral and bullying trade protectionism and maximum pressure violates the consensus reached by head of China and United States, violates the principle of mutual respectContinue...Read More
"Sadly, past Administrations have allowed China to get so far ahead of Fair and Balanced Trade that it has become a great burden to the American Taxpayer. As President, I can no longer allow this to happen!"Continue...Read More
The market sold off on news from this junior miner operating in British Columbia's Golden Triangle, and Peter Epstein of Epstein Research questions the logic. Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB) recently announced results from the first shipment of drill core from its 2019 drill program at the Forrest Kerr gold project in the Golden Triangle (GT) of British Columbia, Canada. Results from...Read More
The property features an extensive system of high-grade, gold- and silver-rich quartz veins and breccias. Strategic Metals Ltd. (SMD:TSX.V) announced in a news release some results from the first two phases of the 2019 exploration program at its Mount Hinton property in the Yukon's Keno Hill District.In the first phase, Strategic Metals expanded soil sample coverage and commenced prospecting in r...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
Bill Holter talks about negative interest rates and QE to oblivion. It's clear now that the whole world is on the economic Titanic. Get some physical gold and silver while you still can, because if you wait until the masses want some, it'll be gone.Bill Holter is currently a writer for Miles Franklin and Jim Sinclair's Mineset where he posts weekly commentaries on gold and financial markets. Prior...Read More
It has become obvious that the mainstream press is FAKE NEWS. They are indeed out to get Trump and are using their position to desperately try to support the bureaucracy. Continue...Read More
Continue...James Turk has specialized in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. His career began at Chase Manhattan Bank (now JPMorgan Chase & Co.), which included assignments in Thailand, the Philippines and Hong Kong. He subsequently joined the investment and trading company of a pro...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 352,29452,30145,250133,408469,658530,952567,209 Change from Prior Reporting Period 6,071-3,832-2,208-3,4159,1084483,068 Traders 22860745659308171 Small Speculators LongShortOpen Interest 63,85527,598594,807 397-2,223845 non reportable posi...Read More
By: Ira EpsteinGold in a distribution pattern. How do we come out of it is the question:Read More
Dave KranzlerBullion Star released a graph Tuesday that showed Switzerland exported 90 tonnes of gold to the London gold market (U.K.) in July, which dwarfed exports to India and China. Bloomberg's spin on the data was that the gold was needed for ETFs. Of course, as is typical, the Bloomberg "journalist" likely regurgitated "information" that came from a source rather than fact-chec...Read More
No one's quite sure yet what the President's tweets could mean in reality, howeverIt was a wild trading session for U.S. stocks. Traders early on were reacting to the newest tariff retaliation from China, which prompted tweets from President Donald Trump ordering American companies to find "an alternative to China." Huge losses from tech stocks like Apple (AAPL) and Intel (INTC) buried the Dow as...Read More
Escalating U.S.-China trade tensions are creating stiff headwindsStocks are spiraling today, after news of China's retaliatory tariffs sparked a tweetstorm from U.S. President Donald Trump. Among individual names making notable moves are retailers Foot Locker, Inc. (NYSE:FL) and Macy's Inc (NYSE:M). Here's a quick look at what's moving the shares of FL and M.Foot Locker Options Hot After Earnings...Read More
Gold futures rallied on Friday after China announced a round of retaliatory tariffs against U.S. products, prompting the precious metal to move up for the week and post a fourth consecutive weekly climb. China said it was preparing to raise tariffs in two batches on $75 billion in U.S. imports on Sept. 1 and Dec. 15, which would coincide with the dates that Washington is slated to increase import...Read More
A brief yield-curve inversion also spooked Wall StreetTrade headlines and retail earnings drove price action on Wall Street this week, with most of the early week moves occurring to the upside. However, stocks swung lower after another brief yield-curve inversion and news of China's retaliatory tariffs on the U.S. sparked a tweetstorm from President Donald Trump. As of this writing, the Dow, S&P 5...Read More
Skechers has pulled back from its late-July post-earnings peakSneaker name Skechers USA Inc (NYSE:SKX) is moving notably lower this afternoon, last seen down 5.4%, at $29.46 -- falling in step with Foot Locker (FL) and Nike (NKE). Skechers stock has been on a downtrend for quite some time, but things may be looking up for the security, as data from Schaeffer's Senior Quantitative Analyst Rocky Whi...Read More
Trump's Twitter account was in overdrive this morningThe Dow Jones Industrial Average (DJI) has sunk even deeper into the red at midday, down nearly 300 points, after a tweetstorm from President Donald Trump. Following this morning's retaliatory tariffs from China, Trump seemingly ordered U.S. companies to find "an alternative to China" -- which is hitting trade-sensitive blue chips Apple (AAPL)...Read More