As part of Merk's in-house research we regularly evaluate a consistent set of charts covering the economy, equities, fixed income, commodities and currencies. The aim is to keep our eyes open and to look through the noise of the headlines, avoiding the distractions of sensationalized click-bait. In sharing this content, we offer a cross-check to your own thinking and aim to add value to your own...Read More
By: Ira EpsteinMetals stay well bid into Wednesday's FOMC Monetary Policy Statement and Press Conference Ira Epstein reviews the days trading in the metal markets. For more information and access to Ira's free offers for commodity traders, visit https://www.iraepstein.com. Read More
MODEST INCREASE IN THE GOLD PRICE BUT WIDE SPREADS "Bulls to the left of me, bears to the right, here I am, stuck in the middle with you..." There's no real consensus among analysts about the direction and price of gold in this year's survey. While the average of all forecasts suggest a modest 1.8% gain for gold, this figure is somewhat overshadowed by a $325 trading range. While gold is appare...Read More
According to the latest figures released by the Internal Revenue Service (IRS):In 2016, the top 50 percent of all taxpayers paid 97 percent of all individual income taxes, while the bottom 50 percent paid the remaining 3 percent.The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent).The top 1 percent of taxpayers paid...Read More
Do you recognize this chart?Hint: This is one of my favorite areas of the market. And it’s an opportunity we’ve talked a lot about here at The Daily Edge.If you correctly identified this as a price chart for gold, give yourself a pat on the back.Even better, if you’re actually invested in gold, you’re doing even better. Because the higher the price for gold, the more wealth...Read More
Jan 31, 2019 Guest(s): David Morgan The Morgan Report Despite silver and gold have a tough year in 2018, David Morgan, editor of The Morgan Report, is not giving up on the precious metals markets yet. "I don't give up, and not because I'm stubborn. I'm seeing positive things in the gold market, once you get through $1,300 and level off and get through $1,350, I'm absolutely convinced the bull ma...Read More
Jan 31, 2019 Guest(s): Patrick Ceresna Founder & Chief Derivative Market Strategist, Big Picture Trading Editor's note: this interview was originally aired on January 25, 2019. Gold has already established a bottom formation over the last few years, said Patrick Ceresna, chief derivative market strategist of BigPicture Trading, but more price momentum is needed before a breakout happens. "I don'...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...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
Thanks to those who answered my question on Monday about the tax cuts. I'll share some of those answers below, but first I've got to get something off my chest.Continue...Read More
"This lawsuit wasn't about me. It was about all of us and what we find acceptable as a society. We need to send a clear message that violence is not the answer - anytime, anywhere."Continue...Read More
"We are big gold believers here. Now gold is at $1,300, we think gold is going Continue...Read More
Today, we're sharing part II of Crisis Investing chief analyst Nick Giambruno's recent interview with resource legends Doug Casey and Rick Rule. If you missed part I, make sure to catch up here.Continue...Read More
The most recent drill results from several zones in its Red Lake District in Ontario included some of the highest intercepts to date. DHZ-014 Drill CoreGreat Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTC), a gold explorer based in Canada, reported drill results from the Hinge Zone (DHZ) and South Limb Zone (DSL) at its 100%-owned Dixie Project.Located in Ontario's Red Lake District, some of the highe...Read More
Continue...Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named "Money Manager of the Year" by Institutional Investor. He is a graduate of Dartmouth College summa cum laude...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
No rate hike today.As roundly expected, the Federal Reserve held steady.Mr. Jerome Powell claimed his band of 12 would be "patient" with rate hikes.But we are not so concerned with the day's changing scenery, the shifting kaleidoscope.Our concern is rather the grand sweep, the long view... the perspective of the circling eagle.Today we attempt a wider glance.What holds the eternal key to growth an...Read More
Graceland UpdatesBy: Stewart Thomson 1. The magnificent gold price rally has paused in the $1300 area for the past few weeks. Monday was COMEX option expiry day. 2. With that now out of the way, gold is already staging more upside action!3. Please click here now. Double-click to enlarge this daily gold chart. A bullish upside channel breakout is in play and the consolidat...Read More
Venezuela is nearing to be another Iran or Libya as it is trying to switch away from US dollar to other currencies on its crude oil and other natural resources. There will be a regime change in Venezuela soon. Russia and China will not be able to stop a regime change in Venezuela. UK has declined to give Venezuela its gold. The message is clear, US and UK will not give gold to nations have given...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More