Just for fun because I am a chart guy who all too often bores you (and me) to death with ratio and indicator charts and all too seldom makes charts just for the fun of it anymore…So this long-term silver chart is just for the fun of it. What do we have here? A very long-term Cup & Handle; and boy what a handle. It killed the true believers years ago. I like that the 2011 (bubble) right...Read More
Hot Wednesday is behind us. We had both the Powell’stestimony to the Congress and the released minutes from the latest FOMCmeeting. The biggest yesterday’s winner is clearly gold. If you would like toknow why – and what situation the yellow metal is in currently – we invite youto read our today’s article! Powell Failsto Push Back Against Market Expectations of Rate Cu...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 306,10561,34262,529163,955442,371532,589566,242 Change from Prior Reporting Period -6,5977,586-9,1043,673-4,733-12,028-6,251 Traders 21375775964308187 Small Speculators LongShortOpen Interest 66,38832,735598,977 5,056-721-6,972 non reportable positionsCha...Read More
- Mike GleasonChairman Powell's testimony this week was closely scrutinized not just for its economic implications but also for its political overtones. Powell cited "trade tensions" as cause for concern about the strength of the global economy. He clearly seemed to be blaming President Trump's tariffs.But if the tariffs are what ultimately move the Fed to cut rates, Trump will have finally go...Read More
Dear Friend of GATA and Gold:Silver market rigging critic Ted Butler's new commentary details the capture of the commodity markets by derivatives employed by a small number of financial houses, thereby destroying market pricing. His commentary is headlined "Deliberately Looking Away," referring to the failure of the U.S. Commodity Futures Trading Commission and Justice Department to do anything...Read More
Gold surged dramatically in recent weeks, powering higher to a decisive bull-market breakout. Gold's first major secular highs in years have really improved sentiment, with bullishness mounting. But gold-futures buying fuel is largely exhausted, after the colossal amount expended to catapult gold back over $1400. That leaves this metal at high risk of suffering a major selloff, a healthy c...Read More
Dr. Marc Faber & Chris Waltzek Ph.D. - July 9th, 2019.*Thanks for supporting the show!Mp3 format. SummaryFrom his Thailand office, Dr. Marc Faber, a globally renowned economist and editor of the GloomBoomDoom report, returns with his outlook. According to Dr. Faber, the global economy is on the cusp of a recession. Investors are advised to batten down the hatches. A global / domestic economic...Read More
By: Peter Schiff, Chief Global Strategist of Euro Pacific CapitalWhile the willingness to abandon long held beliefs for political gain has always been a common trait among public figures, the spectacle has recently taken on shocking levels of casual audacity. The contempt for even minimal levels of intellectual consistency has allowed Kamala Harris to condemn Joe Biden for his past opposition t...Read More
It's time to turn around and see the darkness that the Fed sees looming over you. Earnings season is already extending signs of recession with the first corporate reports coming in far darker than expectations that were already twilight dim in FactSet's estimations, which pegged earnings as likely to show a 2% contraction.Even the Fed sees problems ahead. Jerome Powell's speech to congress has...Read More
By: Ira EpsteinFed would rate keep the economy alive, Powell doesn't want to have a situation with low-inflation. Fed likely to cut rates in July. In the gold market, a pattern, where it is going nowhere:Read More
Gold has been strong since last September. If this is the second leg of the bull market begun in 2016, it could hold enormous opportunity for traders. Here's how to play it with call options.Video update:Read More
David HaggithThe bears that are gathering will soon enough be picking flesh off the sun-bleached bones of this market. Even the Fed Chair, who usually does all he can to avoid dismal pictures and to sound optimistic, is finally talking downcast about the US economy.Powell helps Trump Trade WarHe didn't do much, but Powell genuflected in Trump's direction, giving him a nudge where he needed it in...Read More
Are you planning a wedding for this year? Congratulations!Whether it's going to be one with hundreds of guests in a grand setting or something much more intimate... like a ceremony on the beach with a few close family members and friends... you have a lot going on now.What to wear, whom to invite, what to serve, where to go on a honeymoon are surely on your checklist.Furthest from your mind is wha...Read More
During this 20+ minute interview, Jason asks Dr. Paul about the Department of Defense, Pentagon and the military industrial & information complex's influence over both political parties in Congress, US Presidents and the bureaucracy in the DC metro area.Dr. Paul talks about how and why the Pentagon does not seem to care if it fails an audit. The military spending never seems to stop and both polit...Read More
In this interview with Nader Talebzadeh, Roberts explains the evolution of the Neoconservatism and its impacts on the U.S. foreign policy. He explains how they infiltrated the political structure of the United States during the Reagan era which has survived up to today. Paul Craig Roberts is an American economist and a columnist for Creators Syndicate. He served as an Assistant Secretary of the Tr...Read More
Once again gold bears tried to force the yellow metal down, and it appears they have failed. Going into the Fed testimony, gold was under pressure and looked like it might violate support, clearing the way for a breakdown. Surprise - gold held and rallied hard.Since this latest rally in gold started, every time the sellers showed up, buyers defended their positions and overpowered the shorts. Davi...Read More
"Donald Trump and the democrogs- demagogues around the world are learn- leaning into these forces." Read More
Gold and gold stocks especially continue to shrug off bits and pieces of bad news.Continue...Read More
"This collaboration propels Litecoin in front of an audience of millions of people around the world at a time where adoption of cryptocurrencies continues to gain momentumContinue...Read More
Jul 15, 2019 Guest(s): Robert Kiyosaki With rising uncertainty in the world surrounding bubbling stock markets, trade wars, and geopolitical tensions, it makes sense for many investors to be rushing to gold, said best-selling author Robert Kiyosaki.Kiyosaki told Kitco News that he prefers to store his gold outside banks."I don't store [gold and silver] in the banks. I'm completely outside the b...Read More