Sector expert Michael Ballanger is watching the gold market and banking on opportunities in silver. "The desire for gold is the most universal and deeply rooted commercial instinct of the human race." Gerald M. LoebOne of the finest books ever written on investing was "The Battle for Investment Survival," by Gerald M. Loeb, the provider of today's quote and a true legend in the distant, long-forg...Read More
In this interview with Maurice Jackson of Proven and Probable, the president and CEO of a project generator working in the Goodpaster District of Alaska explains the rationale behind putting the company's stock on sale. Maurice Jackson: Joining us today for a conversation is Gregory Beischer of Millrock Resources Inc. (MRO:TSX.V; MLRKF:OTCQX). Mr Beischer, welcome.Gregory Beischer: Hi Maurice, al...Read More
The combination doesn’t feel right. Actually, something stinks – just what is it exactly? Payrolls were strong, while core inflation rose. Nevertheless, the Fed signaled it’s going to cut interest rate. Our shiny yellow friend, can you help us make sense of it all?Is Really Inflation Muted? Core CPI RisesThe CPI rose 0.1 percent in June, by the same amount as in May, the governme...Read More
Significant nominalpeaks in the price of silver tend to come after significant nominal peaks inthe Dow as well as Dow/Gold ratio peaks. This has been the case for the last 90years at least. This is mainly due to the special relationship between silver,the stock markets and debt. These stock marketrallies are driven by the expansion of the money supply (debt), causing a bigincrease in the value of...Read More
- Stefan GleasonPresident Trump moved recently to nominate an avowed sound money advocate, Judy Shelton, to the Federal Reserve Board. That triggered a flurry of superficial and derisive references in the controlled media to Shelton's past support of a gold standard.For example, CBS News described her as "a believer in the return to the gold standard, a money policy abandoned by the U.S. in...Read More
By: Ira EpsteinGold bias is up, daily chart shows a congestion period trying to figure out what to do next, just at the 18-DMA support. Volatility has come out of the market:Read More
By: Gary SavageLots of currency intervention going on. Be careful with gold short-term:http://blog.smartmoneytrackerpremium.comRead More
By Avi GilburtFor those that have been following our work closely, you would know that we called for the bottoming in the crypto complex back at the end of 2018, and saw strong potential for the bull market to resume. Our subscribers benefited quite nicely from our timely and accurate call at the time.In our last public article on Seeking Alpha, we stated our belief that the rally off the Decemb...Read More
Facebook gets deservedly bad press, and yet the stock is rapidly approaching record highs. The latest headline suggests the company's planned foray into cryptocurrencies will be stillborn. Trump's administration has cited national security concerns, but the real story is that no one trusts Zuckerberg any longer. Every time he gets caught violating users' privacy in some appalling new way, he off...Read More
Danielle DiMartino Booth is a former advisor to The Federal Reserve Bank of Dallas. In this episode of "Ask The Expert", she answers questions about the U.S. dollar, the U.S. economy and the recent shift in Federal Reserve policy.Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, L...Read More
Jordan Roy-Byrne, Founder of The Daily Gold joins me to address the the recent moves in silver just this week. With silver finally outperforming gold and closing in the 52 week highs this is another sign of bull market for the metals. The most important comments deal with how to trade this market if you have some cash ready to deploy.Jordan Roy-Byrne, CMT is a Chartered Market Technician and membe...Read More
Here at Zero Hedge, we've dedicated plenty of attention to signs of "Japanification" in European bond markets...Continue...Read More
The market is now at record highs, and unemployment is way down. Even so, a U.S. rate cut is expected as early as this week. During his congressional testimony last week, Federal Reserve Chairman Jerome Powell raised concerns over slower global growth and trade tensions, which in turn have contributed to weaker demand and manufacturing activity. The most recent Global Manufacturing Purchasing Ma...Read More
StrengthsThe best performing metal this week was platinum, up 2.46 percent. The yellow metal jumped on Wednesday after Federal Reserve Chairman Jerome Powell's comments spurred bets on a cut in interest rates later this month. Powell said concerns over trade and global growth continue to weigh on the domesti...Read More
By: Ira EpsteinGold price action has tightened up, where next?Read More
[The following was contributed by Farmer, a subscriber from Nairobi who is active in the Rick's Picks chat room.] Of all the lies we read reported without question by the news media, one of the most egregious is that of China's GDP is still running hot at over 6% annually. It's an astonishing number for such a large economy and even more incredible during a global economic slowdown. With s...Read More
The Dow, S&P, and Nasdaq closed in the redA strong post-earnings showing from big banks Goldman Sachs (GS) and JPMorgan Chase (JPM) helped send the Dow to a new record high today. But while the blue-chip index achieved this milestone, it closed in the red to leave its win streak at four. The S&P and Nasdaq, meanwhile, briefly traded in positive territory, but eventually closed lower -- the former...Read More
Meanwhile, CDNA stock is reeling after a scathing short seller reportU.S. stocks are flat today, though the Dow managed a fresh record high. Looking at the healthcare sector specifically, three names making big moves are Immuron Limited (NASDAQ:IMRN), Bio-Path Holdings Inc (NASDAQ:BPTH), and CareDx Inc (NASDAQ:CDNA). Here's what to know about the shares of IMRN, BPTH, and CDNA today. Podcast Menti...Read More
Analysts and options traders are growing more upbeat on ROKURoku Inc (NASDAQ:ROKU) is trading up 6.3% today at $110.92, fresh off a record high of $111.84, after CrispIdea upgraded the stock to "buy" from "hold," and boosted its price target to $115 from $65.40. The equity research firm cited four reasons for its bull rating, including surging revenues for the streaming name, as well as internatio...Read More
Gold ended lower on Tuesday as a rise in U.S. retail sales contributed to a stronger U.S. dollar, pressuring prices for the precious metal. The upbeat retail sales number, however, also lifted prices for silver, brightening the metal's industrial demand prospects. A stronger U.S. dollar against both the euro EURUSD, +0.0357% and British pound GBPUSD, +0.0403% "have dampened whatever bullish edge...Read More