It's been a rough few weeks in the precious metals and junior resource sectors since the last time 321gold founder Continue...Read More
A very dangerous fallacy has taken the world of economics by storm over the last several years: the idea Continue...Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Coming up we have an eye-opening interview with Bill Holter of JS Mineset. Bill weighs in host of topics including our incredibly broken and phony markets, the truth behind why governments hate gold so much, and the real reasons why China and Russia are eagerly amassing huge gold positions.Bill also highlights some tell-tale...Read More
It lookslike crude oil is set for a sizable weekly decline. After yesterday’s plunge,the market looks to have stabilized today. But is it really so? In today’sanalysis, we’re bringing you the details. We objectively reveal what to expectnext. Either the bulls or the bears won’t like it. Who do you think it’ll be?Let’s takea closer look at the chart below (charts...Read More
TheWhite House and Congress finally agreed to put their significant differencesaside and work together on something constructive, no pun intended. OnWednesday it was announced that President Trump and Democratic congressionalleaders plan to spend $2 trillion on US roads, bridges, powergrids, water and broadband infrastructure -bricks and mortar priorities that are sorely underfunded in both the Un...Read More
LONDON, 5 May 2019 - The UK's second biggest-selling Sunday broadsheet, the Sunday Telegraph, today publishes comment from BullionVault on this week's 20th anniversary of Britain's heavy national gold sales under then-Chancellor Gordon Brown.Describing it as "the single worst investment decision of modern times", the announcement "shook the market" says BullionVault director of research Adrian Ash...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Nasdaq reached a record close as a positive April jobs report muted concerns about interest rates. Amazon.com ( AMZN - Get Report) rose after Warren Buffett said Berkshire Hathaway ( BRK.A - Get Report) ( BRK.B - Get Report) has been buying shares of the online retailing giant. Newell Brands (NWL - Get Report) reported better...Read More
“The US dollar will collapse or it will be replaced by another currency” – we hear such statements all the time. Are they true? We decided to check these claims – so we invite you to read our today’s article about the US dollar’s international supremacy and find out whether the greenback’s demise is likely in the foreseeable future. Let’s also draw i...Read More
No one really likes to think about their own mortality, which officially makes funeral planning one of the least-fun things that you do with your week. While you may have a general idea about how your final celebration of life should go, where you would like to be buried (or where your ashes will be scattered if you opt for cremation) there are dozens of other small decisions that will need to be...Read More
"We have a recession in place. It's just a matter of playing out in some of these other funny numbers."Walter J. "John" Williams has been a private consulting economist and a specialist in government economic reporting for more than 30 years. His economic consultancy is called Shadow Government Statistics (shadowstats.com). His early work in economic reporting led to front-page stories in The New...Read More
Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginnings in May 2005, Of Two Minds now attracts some 200,000 visits a month. Charles also contributes to AOL's Daily Finance site and has written eight books, most recently "Surviv...Read More
The Fed tightens and stocks tank. The Fed promises to stop tightening and stocks soar. The Fed implies that it might actually cut rates and stocks soar some more. The Fed appears to Continue...Read More
Analysts are questioning Uber's viability. Many are concerned it will never make a profit. There's too much competition.Continue...Read More
“The US dollar will collapse or it will be replaced by another currency” – we hear such statements all the time. Are they true? We decided to check these claims – so we invite you to read our today’s article about the US dollar’s international supremacy and find out whether the greenback’s demise is likely in the foreseeable future. Let’s also draw i...Read More
LONDON, 4 May 2019 - Britain's fourth-largest selling daily paper, The Times, today quotes analysis from BullionVault on the case for gold investing."Gold bullion proved its worth in the DotCom Crash of 2000-03," says today's Money section, quoting BullionVault and adding that - on the gold-trading platform's analysis - "Since 1968, gold has risen in 96% of all the five-year timespans when the FTS...Read More
A team of German scientists published a paper this week where they state that, following a series of lab experiments, they discovered that the concentration of gold in the so-called 'fool's gold' is directly dependent on the content of arsenic in the pyrite where the gold is encrusted.Fool's gold is very common in the Carlin-type gold deposits that are found in Nevada. In those areas, which are re...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 177,275111,05656,305147,288235,600380,868402,961 Change from Prior Reporting Period 584-28,240-2,994-7,11523,801-9,525-7,433 Traders 16768785458254172 Small Speculators LongShortOpen Interest 49,14327,050430,011 -512-2,604-10,037 non reportable positionsC...Read More
By: Ira EpsteinLow $1,260's support on gold...Read More
Sometimes we're blessed not to possess insider information. Several pointed examples surfaced in the last few days. If we had known, for instance, that Fed Chairman Powell would tell the world on Wednesday that the U.S. economy is holding steady as a rock and that no changes are contemplated in monetary policy, we'd have jumped on call options a day earlier. Lo, the Dow began a 500-point plunge...Read More
The unemployment rate fell to a 49-year lowAll three stock market indexes managed big wins today, thanks to better-than-expected April jobs data. Specifically, the U.S. created 263,000 jobs last month, while the unemployment rate fell to a 49-year low of 3.6%. In addition, the Nasdaq got a boost from Amazon (AMZN), on news that Warren Buffett's Berkshire Hathaway is amassing a stake. Against this...Read More