Graceland Updates By Stewart Thomson 1. A time-tested mantra for the US stock market is, "Sell in May and go away." 2. The depth of a stock market sell-off that begins in May depends on where the United States economy sits in the business cycle. In the early stages of the cycle, sell-offs that begin in May are great buying opportunities.3. As the business cycle peaks, the...Read More
The Iran issue after Israel accused Iran of hiding nuclear weapons prevented gold and silver from a big crash. Any increase in Iranian risk will result in crude oil prices galloping to $90 by next month. Gold will also follow the crude oil trajectory as an inflation hedge. The pace of rise of gold will lag crude oil. But I am sure gold will rise. Gold could trade in a $1237-$1430 wider range in...Read More
This article was written for Miles Franklin by Gary Christenson. Part one is available here.The problem with debt is the creditor expects to be repaid.Sovereign debt will be "rolled over," never extinguished, and repaid with new debt. We delude ourselves and pretend total debt will increase forever (it can't). That explains global debt exceeding $230 trillion today and official U.S. government d...Read More
Gold was trading lower early Tuesday towards the bottom of its multi-week range as the dollar tested fresh 2018 highs, Continue...Read More
U.S. Mint American Eagle gold coin sales collapse to weakest April since 2007 giving contrarian value buyers another buy signalby Renita D. Young of ReutersSales of U.S. Mint American Eagle gold coins dropped to their weakest April since 2007, while silver coin purchases for the month rose 10 percent higher than last year, U.S. government data showed on Monday.The U.S. Mint sold 4,500 ounces of...Read More
The Iran issue after Israel accused Iran of hiding nuclear weapons prevented gold and silver from a big crash. Any increase in Iranian risk will result in crude oil prices galloping to $90 by next month. Gold will also follow the crude oil trajectory as an inflation hedge. The pace of rise of gold will lag crude oil. But I am sure gold will rise. Gold could trade in a $1237-$1430 wider range in...Read More
Originally posted at ExecSpec.netThe relentless 14-month rally in global stock markets that peaked in January 2018 has been followed by a 13% correction over the past 3 months that will remain static to lower until the trade tantrum on tariffs is resolved. We have seen first hand and globally the torrid pace of rising new order flows in manufacturing stagnate in March and April as business uncerta...Read More
Palisade Research May 1, 2018 Category: Research Seasoned resource investors will often tout the success of small gold producers in their portfolio – particularly as bull market cycles play out.David Skarica, a repeat guest on Palisade Radio believes finding such opportunities is one of the best ways to invest in the space. These companies have minuscule market caps, with the potential for h...Read More
Today is May Day... International Workers' Day.Workers around the world flooded the streets to babble their woes... and issue their demands.In Paris, protesters took aux barricades to commemorate the 50th anniversary of the famous 1968 student revolt.Windows were shattered. Cars were set ablaze. Masked rioters clashed with police.Other cities were scenes of relative peace.But the grievances were s...Read More
A few weeks ago I explained how and why the Amish opted out of the Social Security program.That was a unique case because the Amish live in a relatively close-knit community where members merely take care of each other.So today I want to talk about another group of people who opted out of Social Security because I think it speaks to the heart of all the different feedback I typically receive about...Read More
LONDON, 1 May 2018 - The latest trading update from BullionVault features in today's gold-price report from leading US investing news-site MarketWatch."Gold investing among Western households has fallen to the weakest levels since the metal hit its bear-market lows at the end of 2015," MarketWatch reports, quoting the latest Gold Investor Index data from BullionVault."The number of people starting...Read More
LONDON, 1 May 2018 - Data from BullionVault is cited in an online report on gold investment demand from Barron's, the weekly US investment magazine.Published since 1921, the magazine now has half-a-million subscribers. Internet traffic puts it among the top 4,000 websites in the United States.With the US Dollar rising, "gold looks becalmed," says the report, noting how BullionVault saw "the number...Read More
"It's going to be a blood bath, but as I said the last time, in the 1990's when the Dow was 5,000, the world still looked okay."Charles Nenner founded, and is president of, the Charles Nenner Research Center. Mr. Nenner has provided his independent market research to the following entities all over the world: hedge funds, banks, brokerage firms, family offices, and individual clients. Mr. Nenner w...Read More
*The interview begins at 1:50?>>?Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender of the US Constitution, Paul has been an advocate of sound money, personal liberty, free markets, and international peac...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
Continue...Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser invented "Virtual Specialist Technology," a software system used by the Hollywood Stock Exchange. Prior to inventing this technology, he worked on Wall S...Read More
(Kitco News) - Nothing threatens gold’s status as a traditional safe-haven investment, not even bitcoin, but holding the yellow metal in the current financial environment is “uneconomic,” said Coutts Investments.“Gold is … a hedge against both equity market volatility and inflation. While inflation and volatility are rising we believe that the prospect for risk asset...Read More
WASHINGTON (Reuters) - The White House said on Monday that information released by Israel on Iran’s nuclear program provides “new and compelling details” about Tehran’s efforts to develop “missile-deliverable nuclear weapons.”“These facts are consistent with what the United States has long known: Iran has a robust, clandestine nuclear weapons program that...Read More
WASHINGTON (Reuters) - President Donald Trump has postponed a decision on imposing steel and aluminum tariffs on Canada, the European Union and Mexico until June 1, and has reached an agreement in principle with Argentina, Australia and Brazil, a source familiar with the decision said on Monday.Trump imposed a 25 percent tariff on steel imports and a 10 percent tariff on aluminum in March, but gra...Read More
Gold and silver will zoom if there is any indication that interest rates will not be hiked in June by the Federal Reserve. Trump trade wars with China and Europe will impact industrial metals more. The Korean peninsula peace will be bearish for gold. There can be profit taking in long US dollar positions before the FOMC meet and April's NFP. Fundamentally gold and silver are bearish as physical...Read More