Will the large swings we've seen over the past couple of months continue?A couple of weeks ago, I wrote about years that had a large percentage of positive days and a similar year-to-date return as 2019. The results were interesting, but numbers don't always capture the path taken to get to those numbers. For example, a year where the S&P 500 Index (SPX) steadily rose to a 20% gain by mid-July mig...Read More
* GRAPHIC-2019 asset returns: (Updates with official prices, Zambia copper)By Zandi ShabalalaLONDON, July 17 (Reuters) - Copper retreated from a two-weekhigh on Wednesday after U.S. President Donald Trump threatenedto impose further tariffs on China, a move which could dentdemand for metals.Three-month copper on the London Metal Exchange(LME) closed 0.5% lower at $5,980 per tonne, after the metalt...Read More
It would take an extraordinary set of deflationary circumstances for the Federal Reserve to lower rates 75 basis points this year as the market is pricing in.Market's expectations for a significant easing cycle by the Fed are unlikely to be met. Front-end treasury yields are likely to move higher, flattening the yield curve.Gold acts as an inflation hedge and struggles to compete with rising y...Read More
Richard Hayes left a $45 million coin on the streets of Manhattan all day Tuesday, but he wasn't particularly worried about a thief carting it off. The coin-with Queen Elizabeth's profile pressed onto one side and a mid-hop kangaroo on the other-is beyond the wiles of the average pickpocket. It measures nearly 32 inches in diameter and is almost 5 inches thick. Oh, and it weighs about 2,200 pounds...Read More
* Hearing was due to start on Monday * Government blocking use of North Mara tailings dam fromSaturday * Acacia says majority owner Barrick has undervalued it * Barrick has no comment (Adds analyst comment in 5th paragraph, Barrick share price,updates Acacia share price in 11th paragraph)By Barbara Lewis and Yadarisa ShabongLONDON, July 17 (Reuters) - Acacia Mining said onWednesday it was seeking...Read More
Gold miners are outperforming the S&P 500 this year.Lots of upside for gold miners from here.WMA fundamental ranking of the gold miners.Gold miners have been popping up on our radar screen thanks to positive EPS revisions of late. For example, in our EPS Revisions Changes Monitor for Monday, July 8, we had a few more miners see their consensus profit outlooks revised higher for the current yea...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average set a record early Tuesday before ending down after President Trump said the U.S. and China have "a long way to go" before reaching a trade agreement. Shares of JPMorgan Chase (JPM - Get Report) rose after the biggest U.S. bank posted stronger-than-expected second-quarter profit. JPMorgan Chase...Read More
David BeckerJul 15, 2019 7:12 PM GMTGold prices moved sideways edging lower forming a bull flag continuation pattern which is a pause that refreshes higher. The dollar moved slightly higher on Monday after rallying most of last week. There were a combination of mixed issues creating both headwinds and tailwinds for market participants. US yields moved lower on Monday but yields in Europe fell fast...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
One of the real reasons for Charles Evans, Powell, etc talking about a rate cut is Trump and the Fed don't want the US Dollar too strong when the ECB is trying to drastically weaken the Euro. Fed watches both Dollar Indexes. Not just one. Which makes things very difficult for the Fed to manage the US Dollar because they have to walk a tight rope trying to manage both. Jason Burack is an investor,...Read More
James Rickards, editor of the newsletter Strategic Intelligence and an advisor on economics and financial threats to the U.S. Defense and intelligence, discusses his book, "Aftermath".Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. int...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
"We care deeply about them, that we're supportive of the Iranian people, that we understand that the revolutionary theocracy is not acting in a way that isContinue...Read More
Elon Musk finally admitted late Tuesday that Neurolink's (Musk's brain-machine interface startup) official goal is to eventually merge human brains with artificial intelligence. Continue...Read More
I believe that it would be both risk-reducing and return-enhancing to consider adding gold to one's portfolio. Continue...Read More
Investing in gold & silver is an insurance policy against a collapse of the financial system. Robert & Kim speak to Dana Samuelson and Brien Lundin about their work in the precious metals sector. Find out what economic risks lurk in these uncertain times, and what role gold & silver holds in the global marketplace.Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal fi...Read More
Our confidential sources are reporting that the Fed, ECB, and BoJ have agreed to lobby politicians in an attempt to warn them that they cannot continue propping up the Continue...Read More
Artificial intelligence will soon get to decide what human beings are injecting into their bodies. AI has now developed its first drug, and it's a flu vaccine.Continue...Read More