By Dave KranzlerFed Head, Jerome Powell, is not an economist. He's a politician who made a lot of money at the Carlyle Group. He has an undergraduate degree in politics and went to law school. After working for awhile as a lawyer at a big Wall St. firm, Powell migrated to investment banking at Dillon Read. Powell must have built a relationship with Nicholas Brady at Dillon Read, because he jumpe...Read More
Ray Dalio, founder, chairman and co-CIO of Bridgewater Associates, discusses opportunities in China, Europe's challenges, U.S. inflation and his investment principles. He spoke in Beijing with Tom Mackenzie on "Bloomberg Surveillance."Ray Dalio is an American businessman and founder of the investment firm Bridgewater Associates, one of the world's largest hedge funds. In 2012, Dalio appeared on th...Read More
By Frank HolmesDisney's Black Panther is in theaters right now, breaking all kinds of box office records and wowing audiences. The film features a fictional, highly-advanced African country known as Wakanda, whose vast wealth and prosperity are derived almost exclusively from the mining of a rare, fantastical metal called vibranium.In its own colorful way, Black Panther does an excellent job dra...Read More
In today's video, Mike Maloney presents a series of charts that tell a story of severe undervaluation of silver in relation to gold. In addition, by comparing the Weekly Transparent Holdings and COT Reports for gold & silver, another narrative rears its head: Are these charts evidence that JP Morgan has been accumulating a massive position of physical silver, and that this is actually the story of...Read More
Graceland Updates By Stewart Thomson 1. For the past fifteen months or so, gold has repeatedly been turned back by immense technical resistance in the $1370 area.2. Please click here now. Double-click to enlarge this daily gold chart. 3. There have been three clear attempts to push through the $1370 area since November of 2016. The first two failed miserably, but the cur...Read More
By Gordon LongSLIDE 5Going into last year we were tracking close to 33 Tipping Points. We thought 33 to be high, but somewhat expected the overall number to fall off going into 2018, with fewer but those ones likely being more elevated.What we have identified however going into 2018 are 44 Tipping Points with 11 categorized as "High Risk". High Risk has traditionally been approximately 5-7 in...Read More
"The deadly school shooting this month in Parkland, Florida, has ignited national outrage and calls for action on gun reform. But while certain"Continue...Read More
- New Asian gold trading corridor could boost demand for 1 kg gold bars- Should increase turnover for yuan-denominated gold coins and bars - President- Secure supplies of physical gold from Middle East and Asia for China- China positioning itself as leading gold trading and owning nationby Karen Yeung in the SCMPThe Chinese Gold & Silver Exchange Society (CGSE), Hong Kong's gold exchange, is...Read More
The crude oil price started 2018 with a BANG, rising from an opening $60 to a January peak of $67, that's a 12% gain in less than 1 month! Here is my latest updated expectations for the crude oil price for 2018:TEXT VERSION:Whilst here is a reminder of my opening expectations and forecast for the Crude oil price for 2018, which was for a bullish trend towards a target high of $80.01 Jan 2018 - Cru...Read More
"It's a joke. It's an absolute joke."FED. BALANCE SHEET LINK: https://www.federalreserve.gov/moneta...Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most r...Read More
For the past fifteen months or so, gold has repeatedly been turned back by immense technical resistance in the $1370 area.This is the daily gold chart.There have been three clear attempts to push through the $1370 area since November of 2016. The first two failed miserably, but the current move looks much more positive.During the latest pullback from $1370, the bears have only managed to push the...Read More
10%. That's what February's flash crash shaved off of the major US equity indexes. And now Gerome Powell, the Fed's incoming chairman, is saying that Continue...Read More
CloseGain/LossGold $1318.60-$14.60Silver$16.42-$0.21XAU78.97-2.82%HUI173.05-2.83%GDM603.45-2.01%JSE Gold1083.86-20.56USD90.40+0.55Euro122.33-0.87Yen93.27-0.37Oil$63.01-$0.9010-Year2.901%+0.038T-Bond143.6875-0.53125Dow25410.03-1.16%Nasdaq7330.35-1.23%S&P2744.28-1.27% The Metals: Gold edged up to $1334.70 in Asia, but it then fell all of the way back to $1313.50 in early afternoon New York t...Read More
Gold corridor from Dubai to China sought by Chinese Gold & Silver Exchange Society- New Asian gold trading corridor could boost demand for 1 kg gold bars- Should increase turnover for yuan-denominated gold coins and bars - President- Secure supplies of physical gold from Middle East and Asia for China- China positioning itself as leading gold trading and owning nationThe Chinese Gold & Silver...Read More
Full Article: SWOT Analysis: China In Talks To Set Up Gold Commodity CorridorBy: Frank Holmes StrengthsThe best performing metal this week was palladium, up 0.11 percent as hedge funds boosted their net bullish in the metal. Gold traders are split between bullish and bearish on the yellow metal after the U.S. dollar rose this week. In the prior week traders were bullish and positive sentiment se...Read More
By Ira EpsteinSoaring US Dollar sinks metals.https://www.iraepstein.com/ Read More
There are a group of bankers based in three cities, not Wall St., but Toronto, Vancouver, and Denver that you probably never heard of. Surprisingly they are gold stocks. They are royalty & streaming companies, otherwise known as the Three Kings (Franco-Nevada, Royal Gold, and Wheaton Precious Metals) are the non-media grabbing bankers in the mining sector. They collect their revenue from some of t...Read More
10%. That's what February's flash crash shaved off of the major US equity indexes. And now Gerome Powell, the Fed's incoming chairman, is saying that he's fine with inflation exceeding the target rate of 2%. Put another way, he's promising that monetary policy will be as loose as necessary to keep asset prices elevated and the wealth affect generating lots of debt-driven consumer spending. And -...Read More
By Craig HemkeAfter rising together through 2012, the past five years have seen a massive divergence between the total amount of accumulated U.S. government debt and the price of COMEX gold. When, if ever, will we see this correlation reappear? After falling together through the late 1990s, the price of COMEX god and the total accumulated U.S. debt began to rise together since 2002. With the hel...Read More
Earlier this month, the United States government released its annual financial report for the year 2017. This is something the government does every year, similar Continue...Read More