Tensions with China over Hong Kong persist, thoughAfter a hot start to begin the holiday-shortenedweek, Dow Jones Industrial Average (DJI) futures are soaring once again, as investor optimism builds surrounding the reopening of the economy. Shares of airlines and cruise lines lead the premarket gains, asvarious states begin to roll back lockdown restrictions put in place to combat the coronaviru...Read More
SPX returns are typically bearish when in current choppiness rangeThe Choppiness Index, an oscillator index used to measure how the market is trending (regardless of direction) or going sideways, is relatively new to me. It was created by Australian commodity trader E.W. Driess, and today we will analyze how it works on the S&P 500 Index (SPX).Due to the last few months of coronavirus turmoil, it...Read More
*The interview begins at 1:32:35Max Keiser is a former stockbroker and an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. Keiser invented "Virtual Specialist Technology," a software system used by the Hollywood Stock Exchange. Prior to inventing this technology, he worked on Wall Street where he began working after graduating from NYU. With the hel...Read More
We live in a huge misallocation of resources. They focus on geopolitics not on the basic safety of citizens.Nassim Taleb spent 20 years as a derivatives trader and, after closing 650,000 option transactions and examining 200,000 risk reports, he changed careers in 2006 to become a scholar and philosophical essayist. Taleb is currently Distinguished Professor of Risk Engineering at New York Univers...Read More
Today, US deaths from covid-19 crossed above 100,000. The worldwide casualties (that we know of) now exceed 350,000. Whether or not we as a society can agree on the health risks of covid-19 or whether the national lockdowns it has triggered are worth the resulting economic damage, hopefully we can all agree that the global death toll from the pandemic is tragic. Meanwhile, battle lines are being d...Read More
The DTCC is tasked with settling more than 500 million stock trades a day. If they aren't doing so, you don't own what you think you own, and it could cost you everything. Bix Weir joins SGT Report to cover REAL NEWS the mainstream media won't touch.Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and hi...Read More
When you're venturing out into the post Covid 19(84) world it is now imperative that you protect your privacy from the authorities who want to use the so called "pandemic" as an excuse to track trace and database your every move through contact tracing apps (even if you haven't downloaded one) in what is now clearly a big brother surveillance grid nightmare the likes of which Orwell himself couldn...Read More
In the saga of the virus and the lockdown, the wisdom of the crowds, that is the wisdom of each of us, was thwarted by bad data, perhaps intentionally bad.Continue...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
Investors should prepare for U.S.-China geopolitical tension to grow worse. Maybe a lot worse. That's the lesson of history.Continue...Read More
In case investors didn't have enough to worry about with the coronavirus, they may have a whole lot more to deal with before too long.Continue...Read More
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More
Trump economic adviser Larry Kudlow said Beijing's actions toward Hong Kong are "very disturbing.""China is making a big mistake, frankly," he told Fox Business Network.Continue...Read More
Extreme concentrations of wealth and power, extreme speculative risk, extreme over-valuation, extreme central bank manipulation-all increase fragility and brittleness. Continue...Read More
The S&P broke above its 200-day moving average on Tuesday, a widely watched momentum indicator of what the market will do in the long term.Continue...Read More
That rate is much lower than the numbers used in the horrifying projections that shaped the government response to the epidemic.Continue...Read More
Time Stamp References:0:40 - How his interest in gold started.4:00 - Don't get married to gold.5:55 - US Inflation and deflation era.12:30 - Financial markets used to reflect the economy.15:00 - The traditional business cycle has been replaced.18:25 - The problems with massive credit expansion.20:30 - Prices may run higher due to shortages.23:40 - Fed has printed a lot, stagflation is coming.27:50...Read More
COLORADO SPRINGS, CO, May 27, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Gold Resource Corporation (NYSE American: GORO) (the "Company") declares its monthly instituted dividend of one-third of a cent per common share for May 2020 payable on June 23, 2020 to shareholders of record as of June 11, 2020. Gold Resource Corporation is a gold and silver producer, developer and explorer with operat...Read More
Sector expert Michael Ballanger considers what the post-pandemic world could look like in the aftermath of central bank actions.As I sit here on the shores of lovely Lake Scugog, its weed-infested waters lying in wait for countless unsuspecting propellers soon to be ensnared, I am reminded of the failed world of central banking and policy initiatives, which too has become ensnared in flora of it...Read More
By Ricky WenTuesday's session played out as a massive gap up and consolidation. This meant that it allowed the price action and its internals to reset, catch a breath in order to ramp up higher again. It's been the same structure for the past few weeks once the price action gets too far away from the 4-hour or daily trending support levels if you've utilized our key concepts such as 8/20EMA on t...Read More