The US economy added over 900,000 jobs in July, the most in 11 months and well above the market expectations. Part of the reason is the rapid pace of the COVID-19 vaccinations allowing the country to continue to re-open and promote businesses to hire more workers. This action has driven down the US Unemployment Rate to 5.40%, the lowest level since March 2020.In response to the bullish employment...Read More
Again, today’s report will be way shorter than usual, andfocus only on select charts so as to drive position details of all the fivepublications. Let‘s move right into the charts (all courtesy of www.stockcharts.com). S&P 500 and Nasdaq Outlook The tightly tracking each other indices – S&P 500 andNasdaq – are likely to part ways to a degree soon. As Treasury yields...Read More
The US economy added over 900,000 jobs in July, the most in 11 months and well above the market expectations. Part of the reason is the rapid pace of the COVID-19 vaccinations allowing the country to continue to re-open and promote businesses to hire more workers. This action has driven down the US Unemployment Rate to 5.40%, the lowest level since March 2020.In response to the bullish employment...Read More
For Part 1 of this interview, CLICK HERE0:00 - Bitcoin's intrinsic value3:20 - Bitcoin price forecast4:19 - Altcoins will "go to zero"7:46 - Proof of stake8:15 - Ethereum flippening11:11 - Transaction coins12:55 - "Max coin""There is no top price for Bitcoin because there is no bottom for fiat money(currency)" said Max Keiser, Host of The Keiser Report. Fiat money is currency which does not have i...Read More
Larry Lindsey, a former director of the National Economic Council and advisor to President George W. Bush, expresses extreme concern about the current administration's lack of attention on China. The author of Currency War speaks with our Daniela Cambone about China's president Xi JinPing who he calls a "sociopath," that will stop at nothing to propel China to superpower status. Purchase the Curre...Read More
July's consumer price index (CPI) data was released Wednesday, with headline CPI coming in at 5.4%, the same reading as June's. Todd Horwitz, chief market strategist at BubbaTrading.com, said that this is not the peak. "I think it's going to get a lot higher. I think we're in a lot of trouble because of the policies of the Administration that's in power and of course, the Federal Reserve," Horwitz...Read More
Today, Martin and I talk government and crypto-in the face of the national debt, the US is depending on the cheapening of dollars to pay back debt that has grown exponentially in the last decade. Additionally, we face other probing questions in looking at Europe's 2030 agenda. Ending democracy and implementing shared power between nations would have many interesting implications, and we dive into...Read More
0:00 - Introduction0:36 - Global Markets & Stocks5:30 - V Recovery & Reality7:28 - Inflation & Real Rates13:05 - Fed & Political Will16:26 - Will Rates Rise?26:35 - Holdings & Conviction29:16 - Geopolitical Risks31:53 - Gov't Intervention33:52 - Wrap UpMost stock markets and sectors have underperformed compared with US Markets. This is because every time the Fed prints, it ends up with corporation...Read More
It's been "tough sledding" for the precious metals since June, but will the usually hot month of August turn things around? Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the author of the book: 7 Steps to Win With Logic.Known primarily by his nickname "Turd Ferguson," Cr...Read More
WikiLeaks founder Julian Assange has lost a high court battle to prevent the US government expanding the grounds for its appeal against an earlier refusal to allowContinue...Read More
"It's about citizenship. Freedom only exists if the freedom of everyone is protected," Macron said, adding, "it's worth nothing if by exercising our freedom we contaminate our brother, neighbor, friend, parents,Continue...Read More
This has all been a coordinated effort for the REAL AGENDA which is not vaccines or even saving the planet Continue...Read More
Now it's new vehicles, restaurants, energy. Game of Whac-A-Mole as some price spikes slow while others begin. But it's a lot worse than it seems.Continue...Read More
So sorry, America, but your central bank is certifiably insane, and it's not going to magically work out. History definitively shows that speculative bubbles alwaysContinue...Read More
"We don't have anything that will stop transmission," said Pollard, "so I think we are in a situation where herd immunity is not a possibility and I suspect the virus will throw up a new variant that is even better at infecting vaccinated individuals."Continue...Read More
Inflows stand in notable contrast to continued net selling from US funds suggesting a divergence in Continue...Read More
Over the last year, you'd be hard pressed to find a worse investment over the last year [than] gold."Continue...Read More
The Junior Gold Miners ETF (GDXJ), fell to lows near $43.06 recently, which matched the low from the end of March 2021, near $43.24.Although these lows are not exactly the same, the span of time between these unique lows and the very close nature of them makes them a Double Bottom setup.It is very likely that this support level will prompt a new upside price rally in Junior Miners targeting $50 to...Read More
The Fed acknowledged the economy’s progress, but it’s still not “substantial progress.” In short, Powell merely slowed the hand of the tapering clock.Last week (July 28, 2021), the FOMC published its newest statement on monetary policy. The publication was barely altered. The Fed noted that the US economy has continued to strengthen, although the sectors most heavily hit by...Read More
Sometimes fantasy becomes reality. At other times, a dose of reality will temper fantasies of outsized and unjustified proportion.Some silver investors and analysts could use a dose of reality. Below is a chart of silver prices dating back to 1915… Silver Prices – 100 Year Historical ChartSILVER PRICE HISTORY In November 1919 the price of silver was $1.13 oz. From that po...Read More