In this segment Mr. Rule fully discusses the likelihood that we are in a sustainable significant gold bull market after a deep, deep bear market. One always precedes the other. Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest...Read More
Why hard assets are so important given the current state of global markets.Full Article and Comments at: https://www.peakprosperity.com/the-ha...Part 2 of this Article (Defending Against The Global Currency Crisis): https://www.peakprosperity.com/defend...Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regar...Read More
- Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price jumped up the moment that trading began at 6:00 p.m. EDT on Thursday evening in New York. It ran into "all the usual" suspects" almost immediately -- and then chopped rather aimlessly sideways until the 2:15 p.m. China Standard Time afternoon gold fix in Shanghai. It was stair-stepped lower from there until the low t...Read More
The Big ConThe Usual SuspectsUnsafe at Any SpeedLooking for SolutionsMaine and MontanaI have a special treat for you. I'm at Camp Kotok, the annual economics/fishing retreat in Maine. Knowing internet connectivity would be scarce here, I asked good friend Larry Kotlikoff to be your guest writer this week.For those who don't know, Larry is a Boston University economist whose work spans an amazi...Read More
Here we go again: Cash-out refi hype is back full-blast, and for the first time since early 2006, people are doing it.Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklaho...Read More
Gold has not reached $1550/oz yet but as it inches higher, some technical and sentiment indicators are urging caution.Continue...Read More
If you think gold is always a "safe haven" financial asset, think again. It crashed in the 2008 financial crisis along with everything else. And it lost about three-quarters of its purchasing value during the 1980s and 1990s. But it's acting like a safe haven now. Bullion prices surged Monday, while everything else fell apart, rising 1.5% to a fresh six-year high. Gold GC00, -0.10% is proving th...Read More
Larry LaBordePosted Aug 10, 2019During 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...Read More
Adam HamiltonArchivesAug 09, 2019 The US stock markets are becoming more unstable, fueling mounting anxiety about what's likely coming. After surging to new all-time-record highs in late July, stocks plunged in a sharp pullback as the US-China trade war escalated. Stock markets' resiliency in the face of bearish news is partially determined by how companies are faring fundamentally. The big US sto...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average finished down as President Trump said he's not ready to do a trade deal with China and the U.S. won't do business with China's Huawei Technologies until a deal is reached. Uber Technologies (UBER) shares fell after the ride-sharing company reported a wider-than-expected second-quarter loss and warne...Read More
The Friday Market Minute Global stocks mixed, with modest gains in Asia and accelerating declines in Europe, following weakening China data and a report that White House officials will delay licences allowing U.S. firms to do business with Huawei Technologies.China factory gate prices fall for the first time in three years, while consumer inflation spikes amid a rise in food and pork prices, und...Read More
Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and has traveled to over 30 countries in the past decade in pursuit of thrills and opportunities, gaining valuable knowledge and experience. With Wealth Research Group, Lior allows readers access into the world of the few who beat the markets consistently for decades...Read More
And according to NBC News correspondent Tom Winter, Epstein was no longer on suicide watch when he was found in his cell. Continue...Read More
Continue...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 conventio...Read More
Topics:Central Bank Gold Agreement (CBGA) not renewed for first time in 20 yearsYet central banks around the world are buying gold hand over fist!Luke's take on what's driving this and why it's so importantFundamental case for gold (review) and is this a good time to buy?Read More
Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries. Read More
"Silver is the bargain of a lifetime. It's certainly the cheapest asset on the planet."Bill Murphy is a financial commentator and the chairman and director of the Gold Anti-Trust Action Committee (GATA), which was founded as a result of Murphy's essays on collusion among large financial institutions to suppress the price of precious metals. Murphy believes the price of gold is artificially low and...Read More
In a rare victory for feminists and boob-fans alike, the city of Barcelona, Spain has ruled that women can swim topless in any of its municipal indoor or outdoor Continue...Read More
Erik and Ronald discuss why gold is an important asset to own, gold as equity hedge, global de-dollarization and sovereign gold holdings and much more.Ronald Stoeferle is a Chartered Market Technician (CMT) and a Certified Financial Technician (CFTe). During his studies in business administration and finance at the Vienna University of Economics and the University of Illinois at Urbana-Champaign,...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 350,55858,01349,905137,010461,335537,473569,253 Change from Prior Reporting Period 38,3441874,206-4,15432,20438,39636,597 Traders 23566765661312185 Small Speculators LongShortOpen Interest 62,84431,064600,317 -1,37742237,019 non reportable positionsChange...Read More