The major gold miners' stocks are drifting sideways with gold, their early-year momentum sapped by the recent stock-market euphoria. But they are more important than ever for prudently diversifying portfolios, a rare sector that surges when stock markets weaken. Their just-reported Q1'19 results reveal how gold miners are faring as a sector, and their current fundamentals are way better th...Read More
By: Richard (Rick) Mills, Ahead of the herd "It's the tail that wags the dog" is defined by Urban Dictionary as a way of persuading a large group of people. The phrase is usually employed in a situation wherein a cause that expects to elicit a certain effect, is in fact reversed. The 1997 film 'Wag the Dog' is about a powerful political strategist who tries to get a fictional president on boar...Read More
By: Peter Schiff, Chief Global Strategist of Euro Pacific CapitalGeneral George Custer met his doom charging into a battle he thought he could win, against an opponent he did not understand. Based on his views about the fast-emerging trade war with China, it looks to me that Donald Trump, another blonde with a very high opinion of himself, is charging into an economic version of the Little Bigh...Read More
By: Jordan Roy-ByrneAlthough most of the precious metals sector has trended lower in recent months, Gold has held up well. It and the other, weaker components of precious metals got a boost on Monday when China retaliated with tariffs of its own. There has been little follow through since.This begs the question, will a trade war lead to a new bull market in precious metals?The short answer is y...Read More
Bitcoin is on the move again, a venomous snake in the grass. You might expect to find a reasonable explanation for cryptocurrency's sudden, spectacular rise from the dead. Instead, you get only dim-witted speculation that institutional players are starting to warm to it again. Fidelity, for one, reportedly will be buying and selling bitcoin for institutional customers starting in a few weeks. Wh...Read More
By: Ira EpsteinGold can't get over the 18-week moving average. Concerning..Read More
There is some serious manipulation in gold. Some bank or a cartel of banks have been selling gold futures on every rise from $1330 and also gold huge amounts around $1300. One of the possible reason is to protect options investment. May and November options expiry of every year attract huge investment every year. If this is the case, then gold prices should rise after ten days. Right now the m...Read More
Memorial Day is one of the biggest three-day-sale weekends of the year, and retailers will be slashing prices on almost everything, from mattresses to appliances, outdoor gear and more. But while Memorial Day sales cover almost all product categories, there are some deals that are better than others. To make sure you get the best deals and skip the worst, I've compiled a list of what to buy and wh...Read More
Summer is approaching. That means vacations for many families. AAA estimates that 100 million Americans are planning a getaway, more than half opting for a road trip. But with gasoline prices inching higher, traveling could cost more than you may have expected. And for anyone on a tight budget, that could mean cutbacks on other parts of your trip. As of mid-May, the national average price for a ga...Read More
Investigators say last Sunday's mysterious "sabotage" attack on four tankers which included two Saudi ships off Fujairah in the United Arab Emirates was "highly likely" the Continue...Read More
May 20, 2019 Guest(s): Rob McEwen The commodities markets are cyclical, and we are about to enter a bull phase in which mining stocks become much more valuable relative to the broad market, said Rob McEwen, chairman of McEwen Mining. McEwen said that currently, several factors play a key role in determining the direction of gold prices, most important of which is the U.S. dollar."One of the pri...Read More
May 20, 2019 Guest(s): Matt Geiger Managing Partner, MJG Capital The vast majority of junior miners are not investable, so investors have to be extremely selective, said Matt Geiger, managing partner of MJG Capital. "I'm a big believer of Pareto's Law, that the top 20% of any population is going to result in 80% of the value, and if you take that a step further, the top 4% of any population is g...Read More
Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More
The Donald's personal failings make it hard to say nice things about his presidency.Yet contrary to most inside-the-Beltway expectations, he's having an impact.Continue...Read More
Elizabeth Warren could cost America trillions of dollars.Warren is, of course, a Democratic senator from Massachusetts. She's also running for president.Continue...Read More
Continue...Andrew Maguire is an Independent London Metals Trader and Analyst, internationally renowned for his unique ability to read the precious metals market with the knowledge and experience gained over 35 years trading in financial and commodity markets. Andrew sits on the advisory board of a global physical bullion exchange and is a consultant advisor to many international hedge fund manager...Read More
The infamous SAT has been used since 1926 as a sort of university entrance exam to objectively test high school students' scholastic aptitude. Until now.Continue...Read More
Today our spirits wallow. And our brow is creased with worry…For we are informed the United States is racing into a "death spiral" of debt.That is, when every public dollar it borrows must service its debt... crowding out all other demands.That debt presently exceeds $22 trillion.It expands by day, by hour, by minute, by second.But when does America finally go corkscrewing into the fatal aby...Read More
The global economy began an experiment with fiscal and monetary alchemy when it exited the gold standard almost 50 years ago.Continue...Read More
*This video was first released on 5/17/19DoubleLine holds a high level financial discussion on where the economy is heading with CEO of Quill Intelligence, Danielle DiMartino Booth and CEO of DoubleLine, Jeffrey Gundlach at the Rockefeller Center's Rainbow Room in New York.Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an exp...Read More