Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries. Read More
For Part 1 of this interview, CLICK HEREMax continues his interview with professor and author Steve Keen about the failure of negative interest rates, the promise of a Green New Deal or a Trump infrastructure package, and about Ray Dalio's failure of capitalism claims.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a we...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
Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an intern...Read More
Topics include: the true cost of quantitative easing, the federal reserve, is the world ready for freedom, lessons from history, who benefits from currency creation, wealth inequality following 2008, asset inflation favors the rich, on the brink of recession, unsustainable interest rates, QE4 and hyperinflation, student loan debt, crypto vs capital control, how to run capitalism, free market solut...Read More
LONDON, 13 April 2019 - BullionVault founder and chairman Paul Tustain is profiled today in the Financial Times, the world's longest-running and most respected business newspaper.Asked for the secret of his success, "Luck is important," says Paul. "At the start of the [mid-1980s'] computer revolution in the City I was 25, I had five years' experience in stockbroking and a computer science degree....Read More
The platinum group elements (PGEs) consist of six metallic elements found in the Periodic Table: iridium (Ir), osmium (Os), palladium (Pd), platinum (Pt), rhodium (Rh) and ruthenium (Ru). Platinum and palladium are the most well-known of the PGEs due to their industrial applications in diesel and gasoline engines. The market for palladium has become especially interesting of late, with the price o...Read More
Economists are good for one thing, and that is creating theories. The trouble is, those theories are often wrong. This is why economics is often called “the dismal science”. Such is the case with the latest economic soup-de-jour, Modern Monetary Theory, or MMT for short. In this article we take a deep dive into MMT: What is it? Who’s behind it or against it, whether it...Read More
How to turn a simple chart into a near-term road map On February 20, Variety Magazine's "Film News Roundup" announced a new thriller coming to theaters near you: "The Silver Bear."Funny enough, that same day, another kind of thriller was playing out in the theater of finance; its name, the Silver Bull!The chart below captures the action: Since the start of 2019, silver prices had been on a tear, s...Read More
Gold has faded from interestin the past couple months, overshadowed by the monster stock-market rally. But gold has been consolidating high, quietlybasing before its next challenge to major $1350 bull-market resistance. A decisive breakout above will really catchinvestors’ attention, greatly improving sentiment and driving major capital inflows. With gold-futures speculator...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 199,50794,14361,105132,478265,287393,090420,535 Change from Prior Reporting Period 5,723-5,0854,279-7,0367,5432,9666,737 Traders 19361815454277168 Small Speculators LongShortOpen Interest 54,44927,004447,539 4,4036327,369 non reportable positionsChange fr...Read More
Gold has faded from interest in the past couple months, overshadowed by the monster stock-market rally. But gold has been consolidating high, quietly basing before its next challenge to major $1350 bull-market resistance. A decisive breakout above will really catch investors' attention, greatly improving sentiment and driving major capital inflows. With gold-futures speculators not very lo...Read More
By: Dave KranzlerGold and silver are historically undervalued relative to the stock and bond markets. The junior mining stocks overall are at their most undervalued relative to the price of gold since 2001. Gold's relative performance during the quarter, when the stock market had its best quarterly performance in many decades, is evidence of the underlying strength building in the precious metal...Read More
By: Ira EpsteinGold back into a down thrust. Higher high and lower low. Gold - there is no real story here right now. Read More
Gold got whacked Thursday as it so often does i.e., at the apex of a rally that may have encouraged a bullish thought or two in the minds of some investors. Alas, the worst selloff we've seen in well, it's actually been only two weeks socked the June contract with an $18 loss. In the accompanying chart, some might discern a head-and-shoulders kinda thing going on in the ups and downs of 20...Read More
The Dow closed more than 269 points higherU.S. stocks closed comfortably in the black following a strong start to first-quarter earnings season. The Dow jumped 269 points on the back of impressive results from bank giant JPMorgan Chase (JPM), while Walt Disney (DIS) had its best day since May 2009 thanks to Disney+ details. The S&P 500 and Nasdaq surged, as well, with the former settling above the...Read More
The downside comes even amid an up day for the broader stock marketThe U.S. stock market is solidly higher today, boosted by an impressive start to earnings season and optimism over Disney's new streaming service. Among other names making notable moves are food delivery name GrubHub Inc (NYSE:GRUB), energy drink manufacturer Monster Beverage Corp (NASDAQ:MNST), and oil-and-gas issue Chesapeake Ene...Read More
Gold futures ended higher on Friday, as consolidation took hold and a leading dollar index, which typically moves inversely with the metal, declined, but prices for the metal still posted a slight loss for the week after getting clobbered a day earlier. June gold GCM9, +0.02% rose $1.90, or 0.2%, to settle at $1,295.20 an ounce. The most-active contract lost about 40 cents an ounce from last Frid...Read More
Gold futures ended higher on Friday, as consolidation took hold and a leading dollar index, which typically moves inversely with the metal, declined, but prices for the metal still posted a slight loss for the week after getting clobbered a day earlier. June gold GCM9, +0.02% rose $1.90, or 0.2%, to settle at $1,295.20 an ounce. The most-active contract lost about 40 cents an ounce from last Frid...Read More