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
Jesse Ventura and producer Brigida Santos discuss why the International Criminal Court has dropped an investigation into alleged U.S. war crimes at CIA detention centers, the latest Trump immigration plan, and why travelers on all international flights leaving America may soon be required to scan their faces with biometric technology. Doctor Eddie Fatakhov talks about the world's first 3-D printed...Read More
Ed Steer is the founder of Ed Steer's Gold and Silver Digest and a director at GATA.org.Read More
Today, Trump told his biggest lie yet about trade. I am sick of this nonsense.Continue...Read More
Towards the end of long expansions (this one is the longest on record) things get tight. Factories operate flat-out and start raising prices. Good workers become harder to Continue...Read More
According to a new study conducted by the Food and Drug Administration, the chemicals in sunblock don't just sit on the surface of your skin. Instead, they seep into the Continue...Read More
May 13, 2019 Guest(s): Phillip Streible Senior Market Strategist, RJO Futures Renewed trade war fears are breathing life into the gold market as the possibility of a rate cut enters investors' minds, this according to Phil Streible, senior market analyst at RJO Futures. "Potentially down the road, if equities slow down, and if the global economy slows down enough, you might see the Fed cut rates...Read More
May 13, 2019 Guest(s): Peter Hug Global Trading Director, Kitco Metals The best metal to own to weather the trade wars storm is still gold, owing to its status as a safe haven and the potential for industrial metals to suffer from the economic consequences of tariffs, this according to Peter Hug, global trading director of Kitco Metals. "Given the current state of sort of the macro picture that...Read More
May 13, 2019 Guest(s): Michael Danov President & CIO, SBP Management As capital deployed in the gold space is thin, investors should allocate assets in their portfolio to make the best of the current gold price instead of constantly wishing for higher price levels, this according to Michael Danov, president and CIO of SBP Management. "There's momentums when you can come in and invest, but people...Read More
While many factors contribute to their creation, market reversals only happen when a shift in sentiment occurs.That's why bull markets can go on for much longer than reason merits. As long as the marginal buyer is keeping the faith that he can sell toContinue...Read More
U.S. policy through the Bush and Obama administrations was to soft-pedal questionable Chinese trade practices, pirating technology and theft of intellectual property in return for cheap manufactured goods and China's willingness to finance trillions of dollars of U.S. government debt.Now Trump has changed the rules of the game. He's said lost jobs in the U.S. are not worth the cheap goods and chea...Read More
The trade war is back on. The trade deadline came and went at midnight last night without a deal. So 25% tariffs on $200 billion worth of Chinese goods took effect at 12:01. The tariffs had previously been set at 10%.Based on Trump's comments, 25% tariffs may possibly be applied to an additional $300 billion of Chinese goods.China said it would respond with unspecified but "necessary countermeasur...Read More
LONDON, 10 May 2019 - Today's edition of current-affairs digest The Week features comment and analysis from BullionVault regarding the UK's May 1999 decision to halve its national gold bullion reserves.The UK's number three top-selling news magazine, The Week today quotes both a BBC story featuring BullionVault's analysis as well as a separate article on BullionVault's own Gold News webpages.That...Read More
By: IRA EPSTEINI don't see them giving them more time - this is a big event..Gold is going so far nowhere. There is so much uncertainties in this market:Read More
Three weeks after I projected a fall to 53.60, Lyft has touched that number and gone as low as 52.78. The stock will have another chance to pick up support slightly below, at 52.27, a midpoint Hidden Pivot, but a decisive breach would put a 41.54 target in play. That would represent a 53% drop from the opening day high of 88.60 and a 21.5% drop from the current price of 52.90.Uber is unlikely...Read More
Over the past two years, direction of a nation's currency has had a bigger impact on gold, silver and all metal prices. Gold and silver have been trading in a wider range. Winning bets are those who are able to correctly forecast the trend of their national currencies. Gold and silver are not rising (in US dollar quote) despite all the positive factors. Central banks are buying gold. There is tr...Read More
Trade-sensitive chip stocks took a beatingThe Dow pared some of its earlier losses, but still ended well below breakeven, as traders brace for a possible tariff increase on $200 billion in Chinese goods. President Donald Trump earlier said that China "broke the deal" and will pay, but later said it's still possible Washington and Beijing could strike a deal ahead of the midnight deadline. Meanwhil...Read More
Silver sits below $15 per ounce.The ratio is near highs.Precious metals suffer under the weight of the dollar, strong U.S. economy, and uncertainty over trade.Levels to watch in the silver futures market.USLV and DSLV to trade the range.In November 2018, the price of silver traded to a low at $13.86 per ounce which was only 22.5 cents above the level of critical technical support in the silver fut...Read More
ZUMZ was among Wedbush's retail victimsTrade fears continue to push stocks further into a steep sell-off, with all three major indexes trading in the red. Three stocks investors are paying close attention to this afternoon are cannabis producer Cronos Group Inc (NASDAQ:CRON), Houston-based Occidental Petroleum Corporation (NYSE:OXY), and retailer Zumiez Inc. (NASDAQ:ZUMZ). Below, we will dive i...Read More
The "Amazon of Africa" is pacing for its worst day everThe shares of African e-commerce issue Jumia Technologies (NYSE:JMIA) are getting destroyed this afternoon, after short seller Citron Research weighed in on the shares. Specifically, Citron said, "In 18 years of publishing, [we have] never seen such an obvious fraud as Jumia," claiming the company inflated numbers and removed key metrics from...Read More