Source: Jack Chan for Streetwise Reports 02/20/2018 Technical analyst Jack Chan charts the latest movements in the gold and silver markets. -->Our proprietary cycle indicator is down.The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.The gold sector is on a short-term sell signal. Short-term...Read More
By Jeff ClarkWe buy gold for many reasons as monetary insurance, a crisis hedge, and even for simple diversification. And another one of those reasons is coming to the fore right now: as a hedge against overvalued stock and crypto markets.We've been saying for some time that sooner or later these two markets had to correct and that gold would serve as a buffer against those inevitabilities. It's...Read More
Strengths ?The best performing metal this week was palladium, up an impressive 7.17 percent after having been trending down since the middle of January. The weekly Bloomberg survey showed gold traders are overwhelmingly bullish after being bearish last week as the yellow metal is set for its best week since April 2016. A falling U.S. dollar has boosted demand for bullion as an alternative asset....Read More
By the end of the 3rd century AD, the finances of ancient Rome were in terminal crisis. Years and years of debasing the currency had resulted in Continue...Read More
Listen to the Podcast Audio: Click HereMike Gleason: It is my privilege now to welcome in Chris Powell, Secretary-Treasurer at the Gold Anti-Trust Action Committee, also known as GATA. Chris is a long time journalist and a hard money advocate and through his tireless efforts at GATA he is working to expose the manipulation of the gold and silver markets. Through GATA's work over the years some i...Read More
It is widely believed that silver leads gold during bull markets for these metals. I wonder how this belief first arose and persists to this day given that it is contrary to the historical record.It is partially true that silver outperforms gold during precious-metals bull markets. In particular, it's true that silver tends to achieve a greater percentage gain than gold from bull-market start to b...Read More
Gold prices fell Tuesday as the US dollar continued to recover from its recent spate of selling.Continue...Read More
Graceland Updates By Stewart Thomson 1. I've noted that when China's markets go quiet during the "Golden Week" holiday, the gold price tends to soften.2. Please click here now. Double-click to enlarge this key gold chart. Price softness is expected during this holiday, and the good news is that it is occurring on very light volume.3. The bears would argue there's a small dou...Read More
Nearly ?,?1 trillion in non-performing loans poses risks to European banks'- Greece has highest non-performing loans as a share of total credit- Italy has the biggest pile of bad debt in absolute terms- Bad debt in Italy is still "a major problem" which has to be addressed - ECB- Level of bad loans in Italy remains above that seen before the financial crisis- Deposits in banks in Greece, Cyprus,...Read More
By Frank HolmesStrengths? The best performing metal this week was palladium, up an impressive 7.17 percent after having been trending down since the middle of January. The weekly Bloomberg survey showed gold traders are overwhelmingly bullish after being bearish last week as the yellow metal is set for its best week since April 2016. A falling U.S. dollar has boosted demand for b...Read More
Our proprietary price modeling systems are showing us that our expected price basing, which we have been warning our members of for near 3 months, has altered in range and scope. What we did expect to happen near February 21 is now expected to START sometime between February 21 and February 26. In other words, we are warning our clients that a moderate downside move is expected in the US major...Read More
By Jordan Roy-Byrne CMT, MFTAGold has been on the cusp of a major breakout but someone forgot to tell the gold stocks. Gold is right back at resistance levels yet the various gold stock indices are off their September 2017 highs by 11% to 16%. The relative weakness in the gold stocks (and Silver) is a signal that Gold is unlikely to breakout now. In fact, if Gold were to correct here the gold st...Read More
- Nearly EUR1 trillion in non-performing loans poses risks to European banks'- Greece has highest non-performing loans as a share of total credit- Italy has the biggest pile of bad debt in absolute terms- Bad debt in Italy is still "a major problem" which has to be addressed - ECB- Level of bad loans in Italy remains above that seen before the financial crisis- Deposits in banks in Greece, Cyp...Read More
According to the government official, "he died from some unknown cause. He passed away while he was sleeping and his heart had already stopped beating when he was found dead."Continue...Read More
Peter KrauthThe price of gold this week is trending upward after a volatile stock market correction in early February. While tumbling stocks temporarily weakened gold prices, the yellow metal is rallying again…In fact, gold has regained everything it's lost over the course of February. Last Friday (Feb. 16), gold prices touched $1,361 on an intraday basis, up from a low of $1,311 a few days...Read More
"The chaos coming to markets is here. It's not going away, and it's not going to be brushed under the rug. It's not going to stay on the sidelines for another few years. The years from 2007 to 2017 were the years central banks were buying everything. There was no volatility, and stocks just went up. Those days have ended, and the volatility is only going to become much more profound."Michael Pento...Read More
Click Here to Listen to the InterviewJim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds on global finance, and served as a facilitator of the first ever financial war games conducted by the Pe...Read More
"His choice to do so and to disclose inculpatory information - i.e., that he had previously had drugs in his car - provided the officer with reasonable suspicion to Continue...Read More
Continue...Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the...Read More
"Since bitcoin and its cousins are, at the core, absolutely and utterly nothing, there is no limit on bitcoin supply except the outer boundaries of human folly."Continue...Read More