President Trump accused China of currency manipulation this morning, which the PBoC has deniedStocks are staring at a sharply negative open, with Dow Jones Industrial Average (DJI) futurestrading more than 350 points below fair value as Wall Street reacts to the latest escalation between the U.S. and China. Last night, China allowed the yuan to fall to a more-than-10-year low versus the dollar, a...Read More
The risk of an options-driven SPY sell-off is low as August expiration draws closer " ...round millennium levels on the S&P 500 Index (SPX - 3,025.86) and Dow Jones Industrial Average (DJI - 27,192.45), in addition to the level that represents the SPX's 20% year-to-date (YTD) gain (at 3,008), could act as resistance in the near term. And since rallying up to these levels in mid-July, these popular...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
- RambusThere has been a lot of discussion lately about some deflation coming into the big picture. In this Weekend Report I will show you what the Chartology is suggesting. I have literally 100's of charts on commodities that I've been building over the last 15 years from short term to the very long term quarterly charts. Many of the long term charts should look familiar to our long term memb...Read More
By: Ira EpsteinGold's monthly chart remains bullish. This is not a small thing, this is a big event unfolding in front of us..Read More
* Thanks for supporting the show!Download - MP3HighlightsDr. Paul Craig Roberts of the Institute for Political Economy, author of several best-selling tomes, rejoins the show with his latest economic insights. Our guest notes the Fed's decision to slash rates this week and the implications for PMs aficionados. The domestic total debt outstanding concerns our guest, especially the Fed's b...Read More
- Mike GleasonWell, after months of presidential complaining, tweeting, and pressuring, Donald Trump finally got a rate cut from the Fed.A lower interest rate was supposed to stimulate the stock market and make the dollar cheaper versus the currencies of exporting countries -- thereby making U.S. products more competitive according to Trumponomics. Instead, stocks fell and the U.S. Dollar Inde...Read More
You Think the Fed Is One and Done?Awash in DebtInvestment Grade ZombiesSelling Under PressureFalling Apart QuicklyNavigating the Waters AheadNew York, Maine, New York, and MontanaOne reason the economy is so fascinating is the way things just... happen. Growth blossoms if everyone just follows their own incentives and nothing gets in the way. The courage, vision and passion of entrepreneurs and...Read More
- RambusThere has been a lot of discussion lately about some deflation coming into the big picture. In this Weekend Report I will show you what the Chartology is suggesting. I have literally 100's of charts on commodities that I've been building over the last 15 years from short term to the very long term quarterly charts. Many of the long term charts should look familiar to our long term memb...Read More
By: Ira EpsteinGold's monthly chart remains bullish. This is not a small thing, this is a big event unfolding in front of us..Read More
* Thanks for supporting the show!Download - MP3HighlightsDr. Paul Craig Roberts of the Institute for Political Economy, author of several best-selling tomes, rejoins the show with his latest economic insights. Our guest notes the Fed's decision to slash rates this week and the implications for PMs aficionados. The domestic total debt outstanding concerns our guest, especially the Fed's b...Read More
- Mike GleasonWell, after months of presidential complaining, tweeting, and pressuring, Donald Trump finally got a rate cut from the Fed.A lower interest rate was supposed to stimulate the stock market and make the dollar cheaper versus the currencies of exporting countries -- thereby making U.S. products more competitive according to Trumponomics. Instead, stocks fell and the U.S. Dollar Inde...Read More
You Think the Fed Is One and Done?Awash in DebtInvestment Grade ZombiesSelling Under PressureFalling Apart QuicklyNavigating the Waters AheadNew York, Maine, New York, and MontanaOne reason the economy is so fascinating is the way things just... happen. Growth blossoms if everyone just follows their own incentives and nothing gets in the way. The courage, vision and passion of entrepreneurs and...Read More
Clive MaundThe charts we will look at in this update suggest that this is a perfect shorting setup that you see "once in a blue moon". On the 3-year chart for the S&P500 index we can see that it has essentially been trending higher all year, but has now arrived at an important double target - at the upper boundary of its giant broadening pattern, which may also be called a bullhorn or megaphone...Read More
StrengthsThe best performing metal this week was gold, up 1.54 percent. Gold investors were stocking up for further gains in the yellow metal ahead of the Fed's rate cut decision. On Wednesday, holdings in bullion-backed ETFs rose 4.8 tons to the highest level since April 2013, according to B...Read More
Jordan Roy-ByrneAfter a major trend change, it can be difficult for the majority of investors and market watchers to shift and adjust accordingly to the new trend.It's no different in the current case of precious metals which, other than a huge rally in the first half of 2016 have been dead money for the majority of the current decade. Despite the newfound bullish fundamentals and bullish techni...Read More
Dear Friend of GATA and Gold:A friend who has not been paying close attention to the gold market for a while asked your secretary/treasurer this afternoon for a summary of his outlook. With the monetary metals on fire tonight as they have not been for a long, long time, maybe the reply is worth sharing:1) The gold market has felt very different for months -- felt much stronger.2) The usual centr...Read More
By: Larry LaBorde During WWII the Germans were in need of money to buy foreign materials to conduct the war. It is estimated they stole almost 500 metric tons (around 16 million troy oz equal to $23 billion USD @ $1,450 / oz) from various governments. Most was taken from Belgium, the Netherlands, Austria and Czechoslovakia. The French gold (about 2,500 metric tons or 80 million troy oz) was sav...Read More
By Avi GilburtThe Fed gave us exactly what the market expected in a .25% rate cut, and even gave us a "gift" with the early cessation of Quantitative Tightening. Normally, most would view this as a bullish catalyst. However, with market sentiment topping out in a bullish extreme, market participants interpreted the Fed action as bearish (despite its positive substance), and the market sold o...Read More
Stephen Roach, senior fellow at Yale University and former chairman of Morgan Stanley Asia, joins CNBC's "Closing Bell" to discuss President Trump's tariffs on China and what this means for the relationship between the two countries.Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs an...Read More