SEASONAL ANALYSISThe most reliable seasonal patterns are for a strong January and February, weak April, May and July followed by a strong August and September which tends to be the best month of the year. Then the trend is expected to continue into the end of the year with variable reliability for October and November. So how has the gold price performed this year against its seasonal pattern ?Th...Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Coming up David Morgan of The Morgan Report joins me to discuss the ticking time bomb that is the trade war with China, why he believes flooding in the Midwest could lead to serious price inflation in food, and also gives us his outlook for the precious metals. Don’t miss my conversation with our good friend David Morga...Read More
Ladies andGentlemen, we have a tie! The current expansion already lasts as long as the economic boom that started in March 1991 and endedin March 2001. We invite youto read our today’s article, which compares both expansions and find out whetherthe current boom will be better for gold than the 1990s. Ladies andGentlemen, we have a tie! The current expansion already goes on 120 months, t...Read More
"It's a mess now, but it will be a mess when we come home, too. And we just need to acknowledge that our original mission was to go after those who plottedContinue...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended higher Friday as weak job numbers lifted hopes for a interest rate cut from the Federal Reserve. Zoom Video Communications (ZM) surged after posting stronger-than-expected first-quarter profit in its first-ever report as a public company. Zoom Video is Real Money's Stock of the Day. Beyond M...Read More
The Friday Market Minute US stocks hold gains after weaker-than-expected May jobs report boosts bets on multiple Fed rate cuts.US employers added 75,000 net jobs last month, while average hourly wage growth slowed to 0.2% and the headline unemployment rate held at 3.6%.Vice President Mike Pence calls negotiations with Mexico "encouraging" and says they will continue as investors hope fresh tarif...Read More
Bob Moriarty of 321 Gold explains why he believes this exploration company could be a good bet. I wrote a new book for resource investors in January of this year called Basic Investing in Resource Stocks. In it I predicted that 2019 would be the year the everything bubble would be popped and our lives changed in a big way for a long time.Should my prediction of doom be accurate, I will go down in...Read More
The assays show high grades and mineralization continuity. Kerr Mines Inc. (KER:TSX; KERMF:OTC; 7AZ1:FRA) announced in a news release additional positive drill results from its Copperstone gold project in Arizona. Generally, the "results are upgrading and expanding our currently defined resources beyond the various mineralized domains with both high grades and further continuity," CEO Giulio Boni...Read More
TREND ANALYSISThe gold price trend off the February $1350 high to the recent low of $1269 appears corrective which implies that the Gold price should at least resolve in a trend back to $1350. The downtrend so far has retraced 44% of the rally to $1350 which suggests that downside is limited to 50% at $1259 that is confirmed by recently constructed support in the $1270 region. So it appears the Go...Read More
Gold surged sharplyover this past week or so, nearing a major bull-market breakout! Nearly everyone was surprised by this violentawakening, which erupted suddenly as gold languished around year-to-date lows. If this dramatic rally has staying power,gold has good odds of achieving decisive new bull-market highs. That would change everything psychologically,ushering gold and its mi...Read More
We asked our researchers a question recently, “Could Goldrally above $3750 before the end of 2019?”. We wanted to see what type of research they would bring to the tablethat could support a move like this of nearly 200% from current levels. We wanted to hear what they thought it wouldtake for a move like this to happen and if they could support their conclusionswith factual...Read More
Physicalprecious metals serve a unique role in an investment portfolio. Unlike stocksand bonds, gold and silver coins can be held entirelyoutside of the financial system. They carry zero counterparty risk. They arethe ultimate “buy and hold” safe-haven assets. Unfortunately,investors must often navigate through a barrage of fake news, myths,misinformation, and fraudulent pitches surrou...Read More
Have you run up a huge hospital bill that you're having difficulty paying? The stress can be overwhelming, especially while you're recovering from a complicated procedure and feeling like you've been hit by a truck. But you're not alone… The Consumer Financial Protection Bureau (CFPB) found that 43 million Americans have overdue medical debt on their credit reports. You may have already ple...Read More
Continue...Egon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland. Since the 1990s Egon von Greyerz has been actively involved with financial investment activities including mergers and acquisitions and asset allocation consultancy for private family funds. This led to the creation of Matterhorn Asset Management, an asset management company based on we...Read More
Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the NYSE. He i...Read More
Nomi Prins is an American author, journalist, and Senior Fellow at Demos. She has worked as a managing director at Goldman-Sachs and as a Senior Managing Director at Bear Stearns, as well as having worked as a senior strategist at Lehman Brothers and analyst at the Chase Manhattan Bank. Prins is known for her books All the Presidents' Bankers: The Hidden Alliances that Drive American Power and Col...Read More
"This idea that the Fed can just keep doing what they are doing and things can just keep marching along-no. We are finally at the end of the charade. It's lasted a lot longer than I thought it could. . . . Now, in 2019, we are right back to where we were in 2010."Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast,...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
In my latest conversation with 321gold founder Bob Moriarty we discussed a wide range of topics including President Trump and his trade wars to some of Bob's favorite junior miners.Continue...Read More
I read headlines all day and focus extensively, if not exclusively, on gold. If gold is the best form of money (it is), and if gold had unique properties as money (it does; it's the only form of money that is not also debt), then gold is well worth the focus.With that said, it's hard to surprise me on the subject. After a while, you think you've seen it all. Yet, there are exceptions. This headlin...Read More