- Gary Christenson, The Deviant InvestorWe can face reality by swallowing the "red pill" (from the movie "The Matrix). This choice is uncomfortable because it opposes the propaganda from mainstream media, government statisticians, and Wall Street cheerleaders.The "red pill" road is difficult and sometimes lonely. Gold is a "red pill" choice.The "blue pill" path is easier and reassuring. Other...Read More
By: Ira EpsteinGold Fibonacci shows supports below, 18 DMA about to move above the 100 DMA, moving above is a bullish crossover:Read More
Here is the best explanation I've seen to date of how the U.S. stock market works. It is from John Jay, who posts regularly in the Rick's Picks Forum: "The stock market is the primary bag-man the Federal Reserve uses to transfer the U.S. Dollars they create from thin air to the .01%." Just so. When you consider how many hundreds of billions of dollars find their way into the pockets of the ve...Read More
When you picture yourself in your golden years, are you lying on a beach, hitting golf balls, or working behind a desk? For a lot of soon-to-be retirees, the office will be where they spend most of their golden years. Working in retirement not only gives you the opportunity to earn more money, but you can maintain structure in your days and keep your social connections alive. But working in retire...Read More
PRIVATE BLOG – Gold & the Summer Rally Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
During this 30+ minute interview, Jason first asks Danielle about the state of the US consumer?They discuss how credit card debt is on the rise among US consumers while jobs are being lost in many key states that Trump won during the 2016 election. The US consumer who did not benefit from all of these asset bubbles seems to not be doing well despite Trump's claims of the US economy being the "grea...Read More
Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted Japan's collapse in 1989, the d...Read More
Continue...Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named "Money Manager of the Year" by Institutional Investor. He is a graduate of Dartmouth College summa cum laude...Read More
If we look at these charts, it looks like only the top 10%, or perhaps the top 20% at best, might qualify as "middle class" by the metrics described below.Continue...Read More
"As for mutual settlements, we will consider, of course, a proposal on a cryptocurrency that is tied to gold. But, in Continue...Read More
By: Stewart Thomson, Graceland Updates 1. A lot of Americans getting a myriad of government entitlements thought that President Trump would recreate the 1950s for them. 2. If Trump had eliminated the PIT (personal income tax), capital gains tax, and corporate income tax, I've estimated that around $100 trillion in capital would have surged into America.3. That w...Read More
Although there are a dozen good reasons why the bull market should flame out, like, tomorrow, there's nothing in the long-term charts to suggest this is likely. A friend and fellow permabear sent me an Elliott Wave theorist's prediction that the sensational run-up begun more than ten years ago could continue for another three or four years. This is based on a five-wave Elliott pattern that is cu...Read More
I am getting bullish on euro and pound. I also expect more losses for the US dollar index and gains for Asian currencies against the US dollar. A currency war can be unleashed by Trump anytime. Trump believes that nations will use currency depreciation to offset higher tariffs. The Federal Reserve will take direct and indirect measures to ensure the competitiveness of the US dollar. This implies...Read More
President Trump has a "feeling" a trade deal with China will be reachedThe Dow pulled back for its second straight loss today, but held on to the 26,000 level. Subpar inflation data underscored expectations for an interest rate cut soon, weighing on bank stocks. A drop in oil prices and a slumping tech sector also kept the three U.S. benchmarks under pressure all day. On the trade front, President...Read More
MX and SYBX stocks both shot to the top of their respective exchangesWhile the Dow trades modestly lower, several individual stocks are making volatile moves, including Magnachip Semiconductor Corp (NYSE:MX), Synlogic Inc (NADSAQ:SYBX), and Hooker Furniture Corporation (NASDAQ:HOFT).Here's what's moving the shares of MX, SYBX, and HOFT.Magnachip Stock Climbs NYSE On Forecast BoostMX stock is at th...Read More
Evercore ISI initiated coverage on both names with an "outperform" ratingEvercore ISI chimed in on restaurant stocks today, saying the lack of an "existential Amazon threat and death of impulse channel risk" could create cash-flow stability, and tapped McDonald's Corp (NYSE:MCD) and Yum! Brands, Inc. (NYSE:YUM) as two of its top picks. The brokerage firm also started coverage on the two stocks wit...Read More
Gold and silver offer good potential with rate cuts expected by year end.Gold is the ultimate global risk-off asset as capital and central bank reserves seek safety.Both gold and silver miners have more upside if gold rises to the 2016 high.Introduction The recent rise in gold price for the past month is the result of the alignment of positive major factors, such as falling interest rates, stocks,...Read More
Could traders be reacting to Kevin Durant's injury?The chatter around Kevin Durant's injury in game 5 of the NBA Finals has even made its way to Wall Street, with some attributing the pullback in shares of Madison Square Garden Co (NYSE:MSG) on Tuesday to the Warriors forward's apparent Achilles injury -- since it's long been speculated that Durant will join the Knicks next year. In fact, Durant r...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
Gold prices scored back-to-back session gains on Wednesday, with global headlines emphasizing trade-war uncertainty, tensions in the Middle East and protests in Hong Kong providing a lift to the haven metal. "Renewed worries over the U.S.-China trade war and its impact on the global economy are pushing gold higher," said Mark O'Byrne, research director at GoldCore. Those "trade tensions may be pri...Read More