We were recently asked if the price of gold is likely to rally because of the increased volatility in stocks. This seems believable at the first sight, as gold is seen as a safe-haven asset and thus people could be buying it when the stock market's movement becomes chaotic, scary and/or unpredictable. So, the stock market's volatile decline in the recent days is likely to become the catalyst fo...Read More
The disappointing thing was that gold and silver were not able to rise after the release of disappointing US March nonfarm numbers. The perception of traders it seems that cyclical factors such as early Easters has resulted in the fall in March jobs numbers and that the US economy will continue to hire over 200,000 jobs from April onwards. The threshold point for US nonfarm payrolls is 160,000....Read More
Market historians have pored over stock charts from the late 1920s, attempting to show that share prices danced closely in step with the political ups and downs of the Smoot Hawley bill as it moved through Congress. The law, which raised tariffs on more than 20,000 imported items, was enacted in June 1930 close enough to the October 1929 Crash to suggest a causal connection. However, because...Read More
- Gold outperforming stocks in 2018 and this century (see chart)- Gold up close to 2% in 2018 while S&P 500 is down 2%- Trump trade wars and Kudlow as Trump chief economic advisor is gold bullish- Given gold's performance, Kudlow's dismissal of gold as "end of the world insurance" is "irrational"- Market volatility could drive gold to $1,500/oz in 2018 - HolmesEditor: Mark O'ByrneAuthored by Fr...Read More
The disappointing thing was that gold and silver were not able to rise after the release of disappointing US March nonfarm numbers. The perception of traders it seems that cyclical factors such as early Easters has resulted in the fall in March jobs numbers and that the US economy will continue to hire over 200,000 jobs from April onwards. The threshold point for US nonfarm payrolls is 160,000....Read More
Listen to this podcast on our site by clicking here or subscribe on iTunes here.Famed technician Louise Yamada at LY Advisors warns that investors have been selling the rallies since the January peak, leading to a descending triangle formation on the chart, which is typically a bearish sign.Here's some of what she told Financial Sense Newshour listeners on Saturday's podcast regarding her tec...Read More
QUESTION: Hi Mr. Armstrong, I notice that the gold market and the Dow Jones they both had a high in January and since then they have been treading water, are these markets getting in sync or is just a coincidence. Also when it comes to the markets you have explained that we will always see the “if then” situation, my question is a what point do we know that this is the right time to p...Read More
Apr 10, 2018 Guest(s): Kevin O'Leary Investors are better off holding physical gold rather than mining stocks, according to Shark Tank star and chairman of O'Shares ETFs, Kevin O'Leary. O'Leary said gold miners have had a track record of bad management and poor cost control that have led to underperformance relative to physical gold. The Shark Tank investor himself maintains 5% of his portfolio...Read More
Part 1 (part 2 below)Part 2?>>?Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the author, most recently, of Unbalanced: The Codependency of America and China and Stephen Roach on the Next Asia: Opportunities and Challenges fo...Read More
This bill would require any person who operates a social media, as defined, Internet Web site with a physical presence in California to develop a strategic plan to verify news Continue...Read More
Washington and the US media seem to have no doubts about the Syrian government's complicity in the Douma incident despite the fact that those who want America to stay in Syria have far more solid motives, Ron Paul told RT.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...Read More
Readers know that I have beaten this drum alltoo often. Gold’s major fundamental driver is declining or negative real rates.There is a strong inverse correlation because Gold is money. That’s what JPMorgan said and he’s far more qualified to understand than quotable celebritieslike Mark Cuban. But I digress. When real rates are increasing or stronglypositive (during most of the 1...Read More
SLV along with the PM stocks have been under performing gold in a pretty significant way. Normally you would like to see the PM stocks outperforming gold on the front end of a bull market similar to what we saw back in the beginning of the 2000 bull market in the PM complex. So far that hasn’t been the case.Below is a weekly chart for SLV we’ve been following for a long time now as it...Read More
We were recently asked if theprice of gold is likely to rally because of the increased volatility in stocks. This seems believable at thefirst sight, as gold is seen as a safe-haven asset and thus people could bebuying itwhen the stock market’s movement becomes chaotic, scary and/or unpredictable. So,the stock market’s volatile decline in the recent days is likely to become thecatalyst...Read More
Precious metals expert Michael Ballanger discusses Donald Trump's trade war with China and the implications for the gold market. When I played pro hockey in Richmond, Virgina, it was during the era of "Slapshot!" and the Broad Street Bullies when gooning (fighting) was fashionable and an integral part of the sport. Stocking your team with two-or three enforcers meant that the finesse players could...Read More
Google a few headlines for "zuckerberg 2014." Then google a few headlines for "zuckerberg congress." Contrast the results. Then look up Zuck's political donations. That is all. Read More
The U.S.-China trade dispute will not escalate into a trade war this year, according to ABN Amro, saying that gold will suffer as a result.Continue...Read More
There's no greater villain in the world today than Vladimir Putin. He stands accused in the media and global public opinion of rigging his recent reelection, imprisoning his political enemies, murdering Russian spies turned double-agent, meddling in Western elections, seizing Crimea, destabilizing Ukraine, supporting a murderous dictator in Syria and exporting arms to terrorist nations like Iran.T...Read More
"A foolish consistency is the hobgoblin of little minds," claimed Emerson.If true, President Trump's un-hobgoblinned mind is vast enough to overspill the Grand Canyon."TO OUR VERY FOOLISH LEADER," citizen Trump counseled president No. 44 in 2013, "DO NOT ATTACK SYRIA - IF YOU DO MANY VERY BAD THINGS WILL HAPPEN & FROM THAT FIGHT THE U.S. GETS NOTHING!"The president would first require congress...Read More
Chinese President Xi Jinping said on Tuesday he plans to open the country's economy further and decrease import tariffs on products including cars,Continue...Read More