David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism in America...Read More
DOWNLOAD MP3Welcome to this week's Market Wrap Podcast, I'm Mike Gleason.Coming up Chris Martenson of PeakProsperity.com and famous author of The Crash Crouse and his latest book Prosper! joins me to dissect what's behind the Yellow Vest movement in France and why the mainstream media and those in power simply don't want you to know what's really going on there. Chris also tells us which p...Read More
Bond Market Turned Down & Interest Rates Up - Check!Two-Year yield bottomed September 2011Five-Year yield bottomed July 2012Ten-Year yield bottomed July 2016The 30+ year bond bull market is done.Housing Market Turned Down - Check!Mortgage rates bottomed in July 2016.Mortgage applications have fallen hard.London, Vancouver B.C. and Australian prices are down.New York, San Francisco, and Dallas pr...Read More
Because of its wide availability and exceptional conductivity, copper is found in everything from consumer products to automobiles to semiconductors. Last year global demand for the red metal stood at 23.6 million tons, and by 2027, it's projected to reach just under 30 million tons, representing an average annual growth rate of about 2.6 percent.This phenomenal growth is attributable not just t...Read More
By: RambusBelow is the combo chart which has the HUI on top, the UUP in the middle and GLD on the bottom. Everything looks fine.The GDX daily chart shows a nice breakout and backtest to the top rail of the bullish rising wedge and now the door is open for a move higher.Below is the weekly chart for the GDX which shows the breakout starting to gaining some momentum.Below is the weekly chart for...Read More
By: Ira EpsteinMetals roar to the upside - Palladium explodes to the upside. The world wants to inflate:Read More
Link to the Slides and Sources: https://www.itmtrading.com/blog/close...Once a central bank crosses a taboo boundary (QE, Negative Rates, using central bank balance sheets etc.) it becomes the standard. But there are other patterns occurring now too. Like the V shaped recovery of the stock markets since the Federal Reserve caved to market pressures. A V shape recovery is not stable and could come...Read More
ASIAN METALS MARKET UPDATEI am not concerned over the rise in gold prices. I was bullish on gold, I am bullish on gold and I will remain bullish on gold. There will be corrections in gold prices. It will not be a one way traffic. What will be the floor price/bottom price if gold prices fall? To me a correction of $100-$125 are a part and parcel of the bull rally in gold. Right now gold should no...Read More
David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism in America...Read More
Many elected politicians want socialism in a country founded on capitalism. Congressman Jack Bergman joins Robert to offer an inside look at our political climate. Bergman is a retired three-star general who speaks candidly about his colleagues in Congress, and offers solutions for citizens yearning for improved leadership.Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 pe...Read More
Most investors have heard of the 'Buffet Indicator', a simple but effective way of looking at the size of the stock market compared to the size of the economy. But have you heard of Mike Maloney's 'Market Fragility Index'? It's an extension of the Buffet Indicator that introduces some very important data. Check out this video to see what it is, how it works, and what is warning about right now. Mi...Read More
China has banned millions of people from any number of activities for being labeled as 'untrustworthy' on the country's Orwellian social credit system. Continue...Read More
According to Lior Gantz the US Dollar is on a path of serious decline. More countries are de-dollarizing as China becomes the pre-eminent economy. Out of control deficits are another symptom of the problem. As the appetite for US Treasuries fades, the Fed will be left with no choice but to print up new dollars to finance the deficits. They're boxed in with very limited choices, none of them attrac...Read More
Several of my so-called friends have been nagging me for years to write something about the basics of investing in resource stocks. I was quite comfortable with whiningContinue...Read More
The US Supreme Court ruled unanimously on Wednesday that the Excessive Fines Clause in the 8th Amendment applies to state and local governments. Continue...Read More
Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender of the US Constitution, Paul has been an advocate of sound money, personal liberty, free markets, and international peace throughout his political career...Read More
Resarches at Metals Focus said they're seeing evidence of strong gold-jewelry demand in China Continue...Read More
Sector expert Michael Ballanger discusses some of his recent trades in gold and silver. The year 2019 has started out with rallies in virtually everything stocks, bonds, metals and even cryptocurrencies as the spectre of a Friendly Fed has given rise to animal spirits of the most extreme nature. The GGMA portfolio opened this morning ahead 27.18% YTD versus a 10.89% advance for the S&P, but as mu...Read More
Our research has indicated that precious metals should be setting up for a period of rotation and sideways trading over the next 20~30 days. We issued a research post on January 28, 2019 warning that precious metals would be consolidated over a 30~45 day period before setting up for a massive upside price move, here. This research was based on our Adaptive Dynamic Learning price modeli...Read More
Gold continues to soar, up 14% in the last six months and now challenging its 2018 highs.If you’re looking to understand why Gold continues to rally, you don’t have to look any further than the political arena where more and more politicians are calling for wealth taxes and cash grabs. Gold knows that these folks are not going to limit their plans to the super wealthy… it knows...Read More