"The continued presence of the U.S. Navy in the Black Sea demonstrates our enduring commitment to regional stability, maritime security of our Black Sea partners, and the Continue...Read More
Economic activity in the Eurozone slowed modestly this month, according to private sector data published Tuesday, as countries around the world adjust to the reality of a weaker U.S. dollar and persistently low inflation. IHS Markit's closely-watched Composite PMI index slipped to 57.5 in February, the group said, down from a final January tally of 58.8 but firmly above the 50-point mark t...Read More
Turkey is a beautiful country with a rich history including Greek, Roman and Muslim influences that make it one of the most fascinating places on Earth. It is literally a bridge between East and West: The mile-long Bosporus Bridge just north of Istanbul connects Europe and Asia across the Bosporus Strait.Turkey has been a magnet for direct foreign investment from abroad and dollar-denominated loan...Read More
$2.8 million in just 48 hours.That's how much one investor made just last month.Was it luck? Or did he know something most didn't?Either way, there is no denying this person had great timing...There’s no better feeling than a well-timed trade.If you can master timing, you can generate bigger returns.You’ll have more confidence in pulling the trigger and putting more money behind those...Read More
Amazon upending brick and mortar retail is the worst-kept secret on Wall Street.We all know how Jeff Bezos' mall-crushing romp has forced investors to ditch vulnerable retail plays as the sector continues to slide.But lately, we've seen signs of life from some well-established traditional retailers. The old-school stores that have successfully built their online offerings to compete with Amazon ha...Read More
The biggest blockchain stock explosion of 2018 is set to erupt, unleashing a tsunami of wealth for investors.Blockchain stocks are just like bitcoin when it was first invented.But while bitcoin has already matured, the demand for blockchain technologies has only just begun.Any company investing heavily in blockchain technology will skyrocket as we watch the tech transform our technological landsca...Read More
“Zach, our biggest challenge here is that there’s simply no way to exit!“No, this wasn’t one of those “escape room” games where you try to solve clues to win the challenge.This was a conversation with my new friend Chris - who has found himself trapped in an increasingly risky situation.Fortunately for Chris, there’s help on the way.And fortunately for you...Read More
Only three of gold's Five Factors support its near-term trend.Silver price also hasn't confirmed latest gold rally.Gold's important safety bid is still apparent, however.Gold remains stuck in a 4-week lateral trading range as it seeks to consolidate the gains it achieved in the run-up to late January. As we'll discuss in this commentary, gold's immediate-term technical underpinning isn...Read More
CloseGain/LossGold $1331.50+$7.00Silver$16.61+$0.13XAU80.02-0.61%HUI175.85-1.57%GDM608.39-0.43%JSE Gold1099.99-47.06USD89.77-0.28Euro123.29+0.37Yen93.85+0.82Oil$62.77+$1.0910-Year2.922%-0.014T-Bond143.09375+0.40625Dow24962.48+0.66%Nasdaq7210.09-0.11%S&P2703.96+0.10% The Metals: Gold fell $3.70 to $1320.80 in Asia, but it then rallied back higher for most of trade in New York and ended near...Read More
Porter and Buck welcome business leader and chairman of Forbes Media, Steve Forbes. They discuss why some Americans have lost the passion for free markets, what's happening on college campuses, and the enormous gap between productivity and stagnant wages. Steve demystifies the real relationship between gold and fiat paper currencies, how interest rate manipulation distorts financial markets, and t...Read More
Richard Duncan and the host talk about Quantitative Tightening and the impact on the US Stock Market. The group has an in-depth discussion about the bond yield curve and how it might look as 2018 progresses. Richard Duncan has worked at the IMF and World Bank and has over 30 years of experience in financial markets.Richard Duncan is an author & economist who has worked as an equities analyst in Ho...Read More
By Gary SavageSometimes the volatility of daily price movement causes traders to lose sight of what is really happening. This video gives a refreshing view of the bigger picture for a number of markets using their weekly charts.https://blog.smartmoneytrackerpremium.com/ Read More
Rick Rule and good friend Doug Casey discuss the cyclical nature of commodity markets and the next bull market.Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputa...Read More
By Harris KuppermanAbout a year ago, I read The Great Beanie Baby Bubble by Zac Bissonnette. It details how basic human greed, an artificial sense of scarcity and newly created technology like eBay, were used to artificially inflate re-sale prices and convince otherwise intelligent humans to sink their life savings into plush toys that were being created by the millions at a price-point measured...Read More
Grant Williams questions the strength of the so-called synchronized global recovery.Part 1 (parts 2 & 3 below)Grant Williams explains his philosophy on precious metals and crypto-currencies.Part 2Grant previews his talk for the 2018 Sprott Symposium in Vancouver.Part 3Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He...Read More
Stocks dove late in Wednesday's session on news that the minutes from the January FOMC meeting were more than a little hawkish. From where we were sitting, the selloff looked like a brazen shakedown. It amounted to a 475-point reversal in the Dow, but that's the kind of plunge that Wall Street's thimble-riggers engineer whenever they are hungry for shares at bargain prices. For their part, the F...Read More
- Russia increased its holdings to 1,857 tons, topping the People's Bank of China's 'reported' 1,843 tons- Russia surpasses China as 6th largest holder of gold reserves - after U.S., Germany, IMF, Italy and France- Turkish central bank added 205 tons "over 13 consecutive months" - Commerzbank- Meanwhile, Russian ally Venezuela is launching a new gold-backed cryptocurrency next weekRussia has...Read More
Are they? As usual, the FOMC minutes provoked diverse interpretations, both dovish and hawkish. Let’s analyze them, separating the wheat from the chaff. What do the recent minutes really mean for the gold market?Hawks Attack BullionWe have long warned investors about the hawkish treat. For example, as early as in the October edition of the Market Overview, we wrote that the Fed under Powell...Read More