While it seems to fly in the face of everything we believe and have been taught about nuclear power, it may actually be the safest form of power production that we have. Ironically, the immense potency of the power of splitting an atom is simultaneously what makes nuclear weapons so dangerous as well as what makes nuclear power so safe. Despite high-profile nuclear disasters like Chernobyl in Ukra...Read More
Gold is no longer the most valuable precious metal! Palladium dethroned it! We invite you, thus, to read our today’s article about that metal and find out what is the fundamental outlook for the palladium market. We have a new record! Please take a look at the chart below, which displays the palladium prices since the beginning of the year. As one can see, the price of palladium soared in th...Read More
Would you believe that March and April, historically, shows a 2 to 1 statistical probability of NG moving higher. Each of these months shows, historically, that NG has a strong potential for at least a $1.00 upside price move in both March and April. Only 1/3 of the historically testing time (23 years) did the price of NG actually decrease.How do we know this? We’ve built p...Read More
Every year, an estimated 30 million people in the U.S. are victims of fraud. However, only a fraction realize it and report it to the authorities. The Better Business Bureau Scam Tracker shows over 142,000 scams were reported last year in the U.S. - ranging from healthcare and Medicare scams to counterfeit products and online purchases.The victims falling prey to these scams are not just the elder...Read More
"The price of gold will revalue itself once the carnage and the pieces are all on the ground and people around the globe realize the true enormity of the crimes that have been committed."Rob Kirby is a financial commentator and former broker who worked on an institutional trading desk for most of the 1980s and right up until 1996. He also worked for 11 years at Prebon Yamane, an international inte...Read More
David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism in America...Read More
Sousley had actually been "in the middle of a chemotherapy treatment at Citizens Memorial Hospital in Bolivar" before local officers raided the room, apparently with the Continue...Read More
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 reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, f...Read More
Look around you... U.S. Consumers Are Tapped Out. Watch our weekly perspective to see why U.S. Consumers Are Tapped Out.The Great Depression fundamentally changed attitudes about spending and saving. So did the Great Recession of 2008. But has that stopped us from spending like there is no tomorrow? In short... no! Fast-forward to today and consumers are still shopping with money they didn't have....Read More
Starting in 2021, the European Union will force US citizens to buy a pre-approved, visa-like travel pass in order to enter the continent Continue...Read More
AquAdvantage Salmon eggs can now be imported to the company's contained grow-out facility in Indiana to be raised into salmon for food. As was determined during the FDA's 2015 reviewContinue...Read More
Paul Craig Roberts is an American economist and a columnist for Creators Syndicate. He served as an Assistant Secretary of the Treasury in the Reagan Administration and was noted as a co-founder of Reaganomics. Dr. Roberts is a former editor and columnist for the Wall Street Journal, Business Week, and Scripps Howard News Service. He has testified before congressional committees on 30 occasions on...Read More
"You should come to Korea. Korea is going to be an extremely exciting country for the next 10, 20 years." "Donald Trump should take the American troops home tomorrow and say guys, [North and South Korea] this is your problem. You sort it out. President Moon should go up to the border and open the border just like in Germany." "North Korean leader Kim Jong-un and President Moon should meet at the b...Read More
PLEASE NOTE: THE COT REPORT SCHEDULE IS NOW UP-TO-DATE & ON ITS NORMAL SCHEDULE WITH THE RELEASE OF THIS REPORT. Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 202,628114,61059,730155,732269,729418,090444,069 Change from Prior Reporting Period -34,20713,471-5,6729,690-36,158-30,189-28,359 Traders 18568814952269168 Small Speculator...Read More
The widely-held mega-cap stocks that dominate the US markets recently finished reporting their Q4'18 financial results. Because the tenor of stock markets changed radically last quarter, this latest earnings season is more important than usual. An extreme monster bull market suddenly rolled over into a severe near-bear correction in Q4. How major corporations fared offers insights into whe...Read More
By: IRA EPSTEINEU cuts back its growth forecasts. ECB update. Gold under a down thrust from a strong US Dollar. Inflation around the world not an issue right now. Gold on pause of this bear leg... Gold close to support?Read More
Gold has bounced back strongly from six-week lows on global growth worries, forming a bullish hammer on the weekly chart. As of writing, the yellow metal is trading at $1,300, representing 0.45 percent gain on a weekly basis. A bounce from lows near $1,280 was overdue as technical charts were reporting bearish exhaustion in Asian session today and the case for a corrective rally to $1,...Read More
Weak Chinese exports numbers and U.S. jobs data weighed on stocks todayThe Dow plunged triple digits out of the gate, and remained in the red through the close. Stocks reacted to a round of dismal global economic data, including weak Chinese trade numbers and a dreary U.S. jobs report. Downgraded Exxon Mobil (XOM) was the worst blue chip today, with sinking oil prices only amplifying selling press...Read More
Meanwhile, SEEL is one of the best stocks on the Nasdaq todayThe Dow is getting crushed today, heading toward its fifth straight loss after an ugly jobs report. Among stocks making notable moves today, AMAG Pharmaceuticals, Inc. (NASDAQ:AMAG) and chip name Marvell Technology Group Ltd. (NASDAQ:MRVL) are struggling, while biotech concern Seelos Therapeutics Inc (NASDAQ:SEEL) is higher. Here's a qu...Read More
The ECB eased its monetary stance. It launched another round of cheap loans to banks and promised to keep interest rates unchanged this year. It means that Draghi will not hike during his presidency. What does it all mean for the gold market? ECB Unveils New Monetary Stimulus in Response to Slowdown The ECB left its interest rates unchanged. But it pushed out the timing of its first post-crisis ra...Read More