$500 billion. This is the sum the Fed has already pumped into the repo market since the crisis there started. On September 17, 2019, the secured overnight funding rate – a broad measure of the cost of borrowing cash overnight collateralized by Treasury securities, based on the repurchase transactions – more than doubled, as the chart below shows, while the intraday range jumped to abou...Read More
Ladies and Gentleman, gold has overcome yet another barrier, jumping above $1,600 amid the fresh FOMC minutes and the renewed fears about the coronavirus economic consequences. What’s next for the yellow metal?Fed More Optimistic about Global EconomyGold bulls can be happy. As the chart below shows, the yellow metal has jumped above $1,600 amid the FOMC minutes and concerns about the coronav...Read More
By: Ira EpsteinIt all came in to roost today (Friday). Traders are spooked, who are buying gold. Trading at the upper Bollinger band on the monthly gold chart. The highest close in years..Read More
By Gary SavageGold strategies being used again from the past, they do not work. It will fail miserably and cost traders a lot of money..Video Published February 20, 2020http://blog.smartmoneytrackerpremium.com/Read More
Clive MaundIf you are wondering why gold is starting to accelerate away to the upside, you need look no farther than the following amazing chart forwarded to me by reader Larry Fike, which Larry has kindly given me permission to reproduce in this update...Click on chart to popup a larger, clearer version.Chart courtesy of Larry FikeThe chart speaks for itself and requires little additional comme...Read More
Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekWeek Ended Feb-21, 2020$AXU $USAS $KOR.to $AG $FSM $KNT.v $GSV $KL $OR $SILV $PAAS $TXG.to $WGO.v Alexco: is in the process of divesting its profitable and fast-growing remediation business (AEG) to the AEG management group. On closing of the transaction AEG will be pay Alexco $12.1m in cash, with the balance of $1.25m payable pursuan...Read More
Gary Tanashian, NFTRH[edit] I neglected to include an important one from a different vantage point, the Silver/Gold ratio. So let's tuck it in right here at the top of the post. While there are other utilities for this indicator, a decline is surely in keeping with the deflationary hints of the charts that follow and if silver gets out of hand vs. gold to the upside one day it would be an infl...Read More
- Rob KirbyWelcome to Wall Street and the world of high finance everyone! A place where dreams are shattered and hopes are "hookered". Yesterday was Wednesday, February 19, 2020. Yesterday afternoon, at 4:47 pm, the price of bitcoin [was assassinated] dropped 600 dollars [5.6 %] in 5 minutes. Here's what that looks like on bar chart [3 minute intervals]:Click to enlarge..For those of y...Read More
Michael Rivero Discusses a Deep State Coup Attempt & How Hillary Might Sneak into the ElectionDon't want to listen? Read the podcast below!Welcome to this week's Market Wrap Podcast, I'm Mike Gleason.Coming up Michael Rivero, host of the What Really Happened with Michael Rivero radio show joins me for an incredible interview on a range of topics including the plan to take out President Donald...Read More
By: Ira EpsteinIt all came in to roost today (Friday). Traders are spooked, who are buying gold. Trading at the upper Bollinger band on the monthly gold chart. The highest close in years..Read More
By Gary SavageGold strategies being used again from the past, they do not work. It will fail miserably and cost traders a lot of money..Video Published February 20, 2020http://blog.smartmoneytrackerpremium.com/Read More
The Decade of Living DangerouslyWhat's the Appeal?Affordability CrisisSocial ContractRigged SystemAs I write this, a self-proclaimed "democratic socialist" is leading the race for one of our major parties' presidential nomination. The fact that so many Americans (especially young Americans) support Bernie Sanders ought to tell us something. A Quinnipiac poll out this week showed Senator Sanders...Read More
To Watch Update #28, CLICK HEREBoy this is not good...Covid-19 cases are leaping higher in disparate countries around the globe - doubling overnight in South Korea, Italy and Iran.New research continues to clarifying how *extremely* contagious this virus is (as the rash of worldwide infections confirms). It increasingly looks like the only hope countries have of containing covid-19 is to use the d...Read More
Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist. 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
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
To Watch Update #27, CLICK HEREOutside of the lockdown within China, covid-19 cases are accelerating across the globe.The virus has truly jumped the defense line. It's now a true pandemic, with countries all over the world reporting huge percent increases in the number of infected cases. We already know it has reached 'endemic' status in Japan and South Korea. But overnight, new cases have been de...Read More
"Instructions on strengthening biosecurity management in microbiology labs that handle advanced viruses like the novel coronavirus."Continue...Read More
On Friday, the LA Times reported that Twitter began suspending 70 pro-Bloomberg accounts in a pattern that violates their rules against "platform manipulation."Continue...Read More
Continue...James Turk has specialized in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. His career began at Chase Manhattan Bank (now JPMorgan Chase & Co.), which included assignments in Thailand, the Philippines and Hong Kong. He subsequently joined the investment and trading company of a pro...Read More