Jason Burack of Wall St for Main St interviewed returning guest, geological consultant with thirty-seven years of experience in petroleum exploration and production, Art Berman https://www.artberman.com/Read Art's full bio here: https://www.artberman.com/about-art/During this hour plus long interview, Jason asks Art if the supply/demand fundamentals for oil have changed a lot with the global econo...Read More
At this point we can only ride out the consequences as the systems we depend on collapse and then ebb away - exposing that the structure of our modern way of life is really a just an edifice built of sand.Continue...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
Trump ordered U.S. corporations to "start looking for an alternative to China, including bringing your companies HOME and making your products in the USA.".Continue...Read More
As the silver price rally continues, mine supply from three of the top producing countries fell significantly Continue...Read More
"This trade war with China is heating up exponentially," Hug told Kitco News. "When you look at the overall scope [of the global economy], with all the central banks ready just to inflate as much as possible, it's very difficult not to be in the gold market."Read More
Harley Schlanger's work can be found at LaRouchePAC.com.Read More
Aug 26, 2019 Guest(s): Keith Neumeyer CEO, First Majestic Silver has always been a laggard of gold, and eventually, it will catch up to the yellow metal, this according to Keith Neumeyer, CEO of First Majestic Silver. "'That's what you'd expect in the early days of a bull market. As this bull market continues to move along and gets some legs behind it and people actually start believing we're in...Read More
We're on the precipice of a new adventure in the markets.Never before has so much data and information been available to investors around the globe.And yet, there's no consensus on what's going to happen.Continue...Read More
We are now witnessing the death throes of the free market. The massive and record-breaking global debt overhang, which is now $250 trillion (330% of GDP), demands a deflationary deleveraging depression to occur; as a wave of defaults eliminates much of that untenable debt overhang. The vestiges of the free market are trying to accomplish this task, which is both healthy and necessary in the long t...Read More
Scandals like this are always destructive, and not just for the people involved. Since the accused are going to be some of the so-called "best and brightest" in US and worldContinue...Read More
*This interview was recorded on 8/23/19David 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 private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deformation:...Read More
The U.S. could “drown the world in oil” over the next decade, which, according to Global Witness, would “spell disaster” for the world’s attempts to address climate change.The U.S. is set to account for 61 percent of all new oil and gas production over the next decade. A recent report from this organization says that to avoid the worst effects of climate change, &ldqu...Read More
The 2019 Economic Symposium in Jackson Hole has begun! On Friday, we’ll hear Jerome Powell discuss the latest monetary policy shifts. How will it affect the gold market?Jackson Hole 2019 Has BegunThis week is rather light in terms of incoming economic data, with the minutes from the last FOMC meeting being the only exception. Now, investors await the annual Jackson Hole Economic Policy Sympo...Read More
By: Ira EpsteinFOMC minutes thoughts. Gold down on week, off its highs. Daily chart shows distribution, neutral view. Caught in a range: Read More
No affect in gold and silver price after the FOMC minutes. Traders are still hooked to US-China trade relations, slowdown and central banks bunking US dollar. Federal Reserve policymakers were deeply divided over whether to cut interest rates last month but were united in wanting to signal they were not on a preset path to more cuts. In my view, Trump will start a currency war by forcing Federal...Read More
Because gold closed above the average price, the trend momentum was bullish as we came into this week.It also tells us that if gold closes below $1,520, it would negate this bullish trend momentum, and a second close below $1,520 would activate the levels below.Gold did close below $1,520, and we came down to the levels that we saw on the 20th into that low $1,500 level.Gold did not quite come dow...Read More
Regional Fed presidents don't currently see the need for more rate cutsStocks seesawed today, trading on both sides of breakeven, with investors mostly monitoring updates from the Jackson Hole symposium. With Fed Chair Jerome Powell due to speak tomorrow, multiple regional Fed presidents said they don't see the need for more rate cuts at the moment. Traders also reacted to another brief inversion...Read More
We recommended the August 75 call in late MaySubscribers to Schaeffer's PowerTrend options recommendation service just scored a 244% profit on the Starbucks Corporation (NASDAQ:SBUX) August 75 call. Below, we'll explain why we expected an outsized move for SBUX, and how the winning options trade unfolded with our two partial closes.When we recommended our SBUX call on Tuesday, May 21, the stock...Read More
Reports suggest the blue chip is ready to ramp up 737 MAX production by early next yearBoeing Co (NYSE:BA) stock is at the top of the Dow today, up 4.4% at $354.93, after Reuters reported the company is planning to resume manufacturing its grounded 737 MAX jets in February 2020 at a monthly rate of 52 planes -- building to a record 57 units per month by June -- though this depends on regulators cl...Read More