By: Avi GilburtI am not sure how much more I can add to what has been said over the last two weeks in the metals complex.At this point in time, it is quite clear that the metals are testing support. As specifically noted about silver, the 14.60 support region is what I want to see holding as support here. While I can accept a spike and reversal of that level, a sustained break of that level...Read More
It's like a breath of fresh air when the futures actually finish lower on the day. Granted, the S&P slippage on Thursday amounted to only a few measly points. Would it be churlish to hope it's the start of something really nasty? Bulls should be hoping for nothing less, since the broad averages, especially the Nasdaq, are desperately in need of a rest. Nitro-fueled by FAANG stocks, the Naz ha...Read More
By: Ira EpsteinSpecial Video in lieu of the daily metals update: Swinglines:Read More
US GDP numbers is overhyped today. Traders will take positions for next week's FOMC meet and host of US jobs numbers. There will be an Easter impact on US jobs. Global economy has a feel good situation. Once again it will be a technical trade today. Central bank buying has failed to lift gold. I am against going long in crude oil unless it breaks and trades over $67.20 till Mid May. Remain on th...Read More
In January 2018, two significant market events occurred nearly simultaneously. Major U.S. stock market indexes peaked and volatility indexes extended one of their longest streaks of low volatility in history. Investors were happy, complacency ruled the day and all was right with the world.Then markets were turned upside down in a matter of days. Major stock market indexes fell over 11%, a technica...Read More
The first-quarter GDP number was released this morning. And at 3.2%, it came in far above estimates. Consensus was about 2.3%. It was also the highest Q1 GDP print since 2015.But there's probably less here than meets the eye.About half the GDP gain came from a surge in inventories and a sharp reduction in the trade deficit, neither of which is sustainable. They are likely one-time boosts.The econo...Read More
More Americans than ever are behind on their car payments.The number of loans at least 90 days late exceeded 7 million at the end of last year, the highest delinquency rate since 2012, according to the Federal Reserve Bank of New York.Consumers paid on average a little more than $36,000 for a new car, up roughly 3%, according to Kelley Blue Book. And if you're a savvy shopper, you know very well t...Read More
Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he also has an MBA from the University of Chicago, with a concentration in accounting and finance. Currently, he co-manages a precious metals and mining stock investment fund in Denve...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
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
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
Jesse Ventura and producer Brigida Santos discuss the arrest of WikiLeaks founder Julian Assange. Will the U.S. charge him under the Espionage Act? MuckRock editor J. Pat Brown reveals what official documents say about the government's long history of spying on journalists and political activists. Jesse Ventura, is an American politician, actor, author, Navy Seal, and former professional wrestler...Read More
Doug Casey is a legendary speculator.That's no secret. But not everyone knows how Doug made his fortune. It wasn't a case of dumb luck. Doug - like any Continue...Read More
While executives have made fortunes running the larger gold producers, the shareholders have been given the shaft (no pun intended)! Cash and stock compensation for executives Continue...Read More
David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get t...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
Apr 29, 2019 Guest(s): Will Rhind CEO, GraniteShares A strong headline GDP release last Friday may bode well for silver demand, said Will Rhind, CEO of GraniteShares.Rhind said that one reason silver has not performed well is due to China's lower than expected demand, but with GDP numbers showing strength in the U.S. economy, this trend may reverse course. "Part of the reason why silver hadn't r...Read More
As always, most analysts focus not on what they really should. After March FOMC meeting, everyone was talking about the more dovish dot-plot. But the Fed also announced that it will end the unwinding of its balance sheet in September. As these changes are revolutionary and may entail potentially huge consequences for the precious markets, we invite you to read our today’s article about the n...Read More
I am not sure how much more I can add to what has been said over the last two weeks in the metals complex.At this point in time, it is quite clear that the metals are testing support.As specifically noted about silver, the 14.60 support region is what I want to see holding as support here.While I can accept a spike and reversal of that level, a sustained break of that level opens the door to a 13...Read More
By: IRA EPSTEINSpecial Video in lieu of the daily metals update: Moving Averages:Read More