Gary ChristensonIndividuals dream about winning the lottery, stock market profits, reducing debt, earning more income, attractive sex partners, and tasty food. But our dreams can turn into nightmares filled with inflation ghosts and monsters.The derivative monster is a destroyer. Deutsche Bank stock closed at $6.76 on June 7, 2019, down from over $100 in 2007. A repeat of 2007 is possible. Price...Read More
By: Avi GilburtLast weekend, the important point of note was that silver had basically run out of room. It had a series of 1's and 2's set up for it to "melt up," but it had to do so rather soon. Well, this past week, I would say that silver finally followed through and it took it directly to the level at which I noted on the chart was our next major resistance level. In fact, we were almost...Read More
I don't remember exactly how old I was, but it was either late single digits or early doubles.I was looking through the local newspaper and saw a big, bold ad. Or maybe my parents showed it to me... I can't remember that part either.What I do remember is what the ad said, and how exciting it was to me at the time: Topps, the famous baseball card and candy company, was looking for taste testers. Mo...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More
Erik and Dr. Warburton discuss the factors that affect long term outlook for inflation, the history of inflation targeting and inflation controls and Dr. Warburton's "Blowing Up the Box."Read More
David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get t...Read More
Sometimes an otherwise-forgettable movie will be lifted up out of obscurity by the internet and made into a useful meme. In the movie Zoolander Will Ferrell's characterContinue...Read More
When running for President in 2016, Donald Trump repeatedly ridiculed the claims of Hillary Clinton that President Obama's economic program was responsible for a Continue...Read More
"France just put a digital tax on our great American technology companies. If anybody taxes them, it should be their home Country, the USA. We will announce a substantial"Continue...Read More
"Wow! Big VICTORY on the Wall. The United States Supreme Court overturns lower court injunction, allows Southern Border Wall to proceed. Big WIN for Border Security and the Rule of Law!"Continue...Read More
The boy is being charged because he allegedly threw the ball at the boy's face intentionally. Continue...Read More
LONDON, 26 July 2019 - UK personal finance site YourMoney today reports results from a recent survey of BullionVault users. The 10th such semi-annual survey, this summer's poll finds that gold investors as a group now see the metal rising a further 20% from here by year's end. Read the full story on YourMoney here:Investors predict gold to rise 20 per cent before the end of the year Read More
* Download MP3RecapIn Part II of the discussion with the founder of Corona Capital Management John Scurci, continues with his perspective on the financial markets. This is not a time for financial complacency notes, amid mountains of national debt on a global basis and central banking intervention on an epic scale. The scope and scale of the impending financial deluge will be incomparable...Read More
Add to stock market bulls' wall of worry a drop in West Coast home prices for the first time in seven years. This is part of a larger trend that saw U.S. home sales down 2.2% compared to a year ago. That's the 16th straight month of annual sales declines, even as mortgage rates have fallen since last October from 4.95% to 3.75%. Some observers profess to be mystified, since the economy appears t...Read More
Facebook and Tesla both closed lower after earningsStocks sold off today on a disappointing batch of corporate earnings reports. The Dow brushed off initial optimism from a relatively dovish European Central Bank (ECB) statement and a strong reading on durable goods orders to shed triple digits on another down day for Boeing (BA) and an earnings-induced drop for Dow (DOW) stock. The S&P and Nasdaq...Read More
IP has run up to its 200-day trendlineInternational Paper Co (NYSE:IP) is enjoying a breakout day, up 3.6% to trade at $45.71 today after the paper company reported a second-quarter earnings and revenue beat. However, there should some caution surrounding the stock, as it just pulled up to a trendline that has historically bearish implications.More specifically, the equity has run up to resistance...Read More
Ford is having its worst day in yearsStocks are trading lower today in another big day for earnings. Automakers Ford Motor Company (NYSE:F) and Tata Motors Limited (ADR) (NYSE:TTM) are two names trading in the red, while pharmaceutical concern AstraZeneca plc (NYSE:AZN) is in positive territory. Let's take a closer look at the shares of F, TTM, and AZN. Ford Stock Sinks as Restructuring Efforts...Read More
The shares are testing resistance at their 320-day trendlineMorgan Stanley (NYSE:MS) has edged higher in recent weeks, boosted by a positive earnings reactions and dividend excitement following the Fed's annual stress tests. This modest bounce now has the bank shares trading near a trendline that's had bearish implications in the past, which could put them on track to resume their longer-term down...Read More
Last week was a good week for gold.As of last week's close, GLD's five-year cumulative return of 6.4% has edged out the 4.1% gain earned by GDX.GDX has the capacity to make a 32% jump in the months ahead.A mining stock ETF with the best potential. No doubt about it. Last week was a good week for gold. Well, gold stocks really. The VanEck Vectors Junior Gold Miners ETF (NYSEARCA:GDXJ) was u...Read More