Well, it didn't take much and it didn't take long. After years of delays, a tentative start, many cautious pauses along the way, and a top speed that never really hit cruising velocity, the Fed has taken the first available off-ramp on the road towards policy "normalization." In a speech on Tuesday this week in Chicago, Fed Chairman Jerome Powell delighted Wall Street by signaling that the Fed m...Read More
"Consider trade protectionism. It's been tried - and found wanting - since the Great Depression." Elaine Chao, U.S. Secretary of Transportation 2017-, Secretary of Labour 2001-2009, Republican Party member, Spouse Mitch McConnel, b. 1953 "As we learned after President Herbert Hoover signed the Smoot-Hawley tariff at the outset of the Great Depression, vibrant international trade is a key compon...Read More
Dear RayIncome and Wealth InequalityIs Capitalism the Problem?Boston, New York, and ???"The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed, the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually slaves of some...Read More
June 7th, 2019(S14-E699)Featured GuestsNick Barisheff & Dr. Chris MartensonGuest order by seniorityPlease Listen Here Interview RecapNick Barisheff returns to the show, head of Bullion Management Group (BMG) and author of $10,000 Gold.BMG announced a new hedge fund for pension funds and accredited investors to prepare investors for financial calamity.Nick Barisheff cautions investors to pr...Read More
By: Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price drifted quietly lower almost from the open of trading in New York at 6:00 p.m. EDT on Thursday evening, with its low tick of the day coming at, or shortly after the 2:15 p.m. afternoon gold fix in Shanghai. It wandered higher without much conviction until the noon silver fix in London -- and then began to head higher...Read More
- RambusIt's hard to believe that the massive H&S consolidation pattern we've been following for several years began to develop all the way back in 2013 during the initial crash off the 2011 high. This weekly line chart shows the price action closing this week right on the neckline at 1350. Note how many touches the neckline has experienced from below with each one backing off. Now the questio...Read More
Well, it didn't take much and it didn't take long. After years of delays, a tentative start, many cautious pauses along the way, and a top speed that never really hit cruising velocity, the Fed has taken the first available off-ramp on the road towards policy "normalization." In a speech on Tuesday this week in Chicago, Fed Chairman Jerome Powell delighted Wall Street by signaling that the Fed m...Read More
"Consider trade protectionism. It's been tried - and found wanting - since the Great Depression." Elaine Chao, U.S. Secretary of Transportation 2017-, Secretary of Labour 2001-2009, Republican Party member, Spouse Mitch McConnel, b. 1953 "As we learned after President Herbert Hoover signed the Smoot-Hawley tariff at the outset of the Great Depression, vibrant international trade is a key compon...Read More
Dear RayIncome and Wealth InequalityIs Capitalism the Problem?Boston, New York, and ???"The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed, the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually slaves of some...Read More
Bob Moriarty ArchivesJun 10, 2019I 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 the history books as being brilliant. On the other hand, since...Read More
StrengthsThe best performing metal this week was silver, up 3.06 percent, partly on the stronger gold price and on the news that the world's third largest refinery was forced to halt production due to a failed blast furnace. The yellow metal was on fire this week and is heading for its best week in a year. The weekly Bloomberg survey showed that most gold traders and analysts are bullish going...Read More
Stocks took another bold leap Friday, heedless of payroll data that suggest U.S. employers pulled back on hiring in May across all sectors of the economy. Their clear concern is a global slowdown in China and Europe that appears to be deepening. Copper and crude oil quotes have signaled this as well with a 12% fall in the former and a 20% plunge in the latter. So has the Ten-Year Note, which is...Read More
By: Ira EpsteinGold, there is reason for caution here:Read More
Yes, that's right: just when you thought the censorship from social media outlets like Facebook, YouTube and Twitter had hit a fever pitch, its now being Continue...Read More
Rep. Duncan Hunter (R-CA) found himself in hot water recently over comments he made in defense of Navy SEAL Edward Gallagher, who faces war crimes charges over his alleged conduct while serving in combat overseas. Gallagher is charged with stabbing a 15 year old ISIS member while in custody, of taking photos posing with the corpse of the teen, and with killing several civilians.Defending Gallagher...Read More
David Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundamental and technical analysis to help people find their own trading style.Read More
Jason talks about Beyond Meat (NSDQ:BYND) https://www.beyondmeat.com/ and how the stock, which IPO'd on May 1st, 2019 is having a massive short squeeze with gains of almost 40% on Friday and 21% today (Monday).Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC,...Read More
US "nonfinancial" corporate debt - this excludes debt by banks and by businesses that are not incorporated - rose to a record $15.2 trillion in the fourth quarter, according Continue...Read More
Gold and silver fell Monday as safe-haven assets were once again jettisoned after Trump's trade deal with MexicoContinue...Read More
The intercepts and their implications are discussed in a ROTH Capital Partners report. In a June 7 research note, analyst Joe Reagor reported that ROTH Capital Partners increased its target price on New Pacific Metals Corp. (NUAG:TSX.V; NUPMF:OTCQX) to CA$3.50 per share from CA$3 on news of positive, high-grade drill results out of Silver Sand in Bolivia. The stock is currently trading at around...Read More