Sector expert Michael Ballanger muses on the effects of Twitter and political maneuvers on the markets, and specifically on a favorite gold explorer. I have a confession to make: There are no free markets anymore; there are only interventions. Of course, I bow to Gold Anti-Trust Action Committee (GATA) cofounder Chris Powell, who coined that brilliant phrase a few years ago, because it was certai...Read More
StrengthsThe best performing metal this week was gold, up 0.54 percent. Gold traders ended the week neutral on the price of gold as many are awaiting more details on the trade talks between the U.S. and China, according to the weekly Bloomberg survey. The BullionVault gold index measuring the balan...Read More
By: David HaggithSo much for the trade war being "good and easy to win." Let's be honest. Trump has been grinding away on it for almost a year now, and China has barely flinched in its negotiations. On Friday the tariff war became personal because it will now tap your own budget and every business budget in town.If you think Trump's boosting of the amperage means China will settle quickly, you m...Read More
My minimum upside target for the S&P 500 is still 3095, about 7.4% above these levels, and I am sticking with it. A corresponding rally in the Dow Industrials would leave them just shy of 28,000. Let me also mention that last week's nasty selloff would have tripped a 'mechanical' buy signal if the S&Ps had fallen just a little farther. The rally targets are purely technical and go directly aga...Read More
Traders will prefer to be long gold than short gold. I was hoping that sense will prevail in Trump and that a trade deal would be done with China on the weekend. Trump tweets suggest that he has refused to budge and will not budge for the rest of the his term which ends in January 2021. It is very difficult to predict the real long term impact of the US-China trade on China and rest of the wor...Read More
Mr. Maximilian Sali reportsBARRIAN MINING CORP. PROVIDES UPDATE ON BOLO WORK PROGRAMBarrian Mining Corp. has provided an operational update at its flagship Bolo gold property in Nevada.Barrian has recently completed its induced polarization and resistivity (IP/res) survey at Bolo. The survey comprises a total of approximately 11 line kilometres over nine lines targeting the mine fault and other mi...Read More
Where to live is one of the biggest decisions retirees face. Should you keep the family home? Downsize to a smaller property? Or, rid yourself of homeownership altogether and rent? By the time many of us retire we've become so accustomed to owning a home that the idea of renting might never cross our mind. Since 1990, however, homeownership has declined among 55-64 year-olds, and experts expect th...Read More
May 14, 2019 Guest(s): Max Keiser Long-term fundamentals, as well as medium-term monetary policies, all contribute to a bullish environment for bitcoin, this according to Max Keiser, host of the Keiser Report, who maintains his $100,000 a coin price target. "When the Federal Reserve bank signaled that they were going to permanent quantitative easing, I said look, that's the bottom for bitcoin,...Read More
May 14, 2019 Guest(s): Todd 'Bubba' Horwitz Chief Market Strategist, BubbaTrading.com At current levels, silver is expected to "explode" if the right trigger hits the market, owing to its superior risk-return profile, said Todd Horwitz, chief market strategist of bubbatrading.com."I'm a buyer [of silver]. I think it's fine and I'm willing to take it lower if it goes lower, but I do think that at...Read More
May 14, 2019 Guest(s): Mike McGlone Fundamentals point to brighter days ahead for gold prices, says Mike McGlone, senior commodity strategist at Bloomberg Intelligence, who noted that a breakout is imminent. The key factor to watch for is the dollar, he said. "The key thing I'm watching for is the trade-weighted broad dollar's peak near its 16-year high, and last year we had the VIX volatility...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
I think that ultimately what they really want is they want to go after journalists," Manning said. "This administration clearly wants to go after journalists."Continue...Read More
Last week the New York Times published some of President Trump's 1980s and 1990s tax returns information. The information detailed President Trump's financial difficulties during that time. While you would not know it from reading some media reports, this is old news. In fact, President Trump openly discussed his financial difficulties on his popular reality television show.What should be of great...Read More
"We're going to take the highest year, the biggest purchase that China has ever made with our farmers, which is about $15 billion, and do something reciprocal to our farmers so Continue...Read More
Tavi discusses his bullish thesis for gold. Their strategy is to look at historical trends for value-opportunities and to find a contrarian position. He feels that the United States is close to the top of the economic cycle and that gold will do well in the coming period. He cautions that inflationary issues could begin to play out as we move into the next election cycle.0:30 - Tavi's bullish thes...Read More
Markets were badly shaken this morning as news of China's planned tariffs on $60 billion worth of U.S. goods hit the wire. I emailed Boom & Bust subscribers earlier with anContinue...Read More
“The next few weeks could be rocky.”Bank of America's fortune cookie writers may have undersold their case...The trade war famously reopened Friday. The United States imposed 25% tariffs on $200 billion of Chinese products.Come this morning, China announced retaliatory tariffs on $60 billion of United States products.They enter effect June 1 - unless a negotiated truce first washes the...Read More
May 10th, 2019(S14-E695)Featured GuestsDavid Morgan & Bill MurphyPlease Listen HereInterview Recap05/08/2019 MAJOR FINDING - "Off-World Rosetta Stone" decoded in FRB 121102 reveals English to ancient off-world text deciphering via a proprietary method.(05/09/2019) 2nd US Patent - "Rosetta Stone Algorithm for Deciphering Interstellar Messages"Signalhunters.net notes the US Patent Office processe...Read More
By: Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price didn't do much of anything in Far East trading on their Friday -- and the low tick of the day, such as it was, came minutes after the London open. It chopped quietly and unevenly higher from there, with every tiny rally attempt turned back before it could get too far. The high tick, such as it was, came at noon in Ne...Read More
By: Ira EpsteinGold is sitting at 18-month average, sideways since 2017 -- a phenomenal base or top forming. Weekly gold, under 18-week moving average, bears in control of the market - $1,309.10 resistance:Read More