By Nathan McDonaldHistoric. Simply historic. "We solemnly declare to our 80m Koreans and the world that there will no more war [sic] on the Korean peninsula and a new era of peace has begun." "It is our urgent historic assignment to put an end to this current abnormal state of ceasefire and establish a peace regime." "We have agreed to share a firm determination to open a new era in which all Ko...Read More
By Avi Gilburt & Xenia TaoubinaFor those that have followed the long-term bond market, you have likely seen many analysts attempting to call the top to the market. And, many have even tried multiple times. However, through the years, bonds continued to chug higher and high.On June 27th, 2016, we sent out a major alert to our members entitled "Beware of Bonds Blowing Up." Yes, we took o...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
The gold miners' stocks have mostly been consolidating low this year, exacerbating bearish sentiment. Even with gold grinding higher in a solid uptrend and nearing a major upside breakout, the gold stocks just can't get any love. But that may be about to change, with gold and its miners' stocks in the midst of their spring rally. Strong seasonal tailwinds make May one of the best months of...Read More
- Gold mining shares require timing and are speculative- Gold mining: "maximising risk, while minimising reward"- Gold mining is increasingly complicated, difficult & much riskier- Easier, more cost efficient and safer to buy physical gold than mining stocks- "If your strategy is buy and hold, or buy and forget, go for the metal, not the miners"- Owning allocated and segregated gold is a hedge...Read More
As a general rule, the most successful man in life is the man who has the best informationIf trade wars and actual shooting wars (Syria, Yemen) weren't enough for the world economy to worry about, pressuring stock markets and threatening to derail robust global economic growth, there is another elephant in the room looking to stomp on traders, investors and everyday consumers, and that is a curr...Read More
Gold behaves like a currency. This has extremely important consequence: gold cannot be valued like assets which generate cash flows or even as commodities whose value can be at least estimated looking at the balance of demand and supply. Does it mean that gold is a mere speculation play? No! You have to remember that gold belongs to the currencies. As they have no cash flows, they cannot be valu...Read More
By Steve St. AngeloThe U.S. gold exports to Hong Kong surged in February consuming nearly all of the domestic gold mine supply. According to the USGS recent Gold Mineral Industry Survey, February gold exports to Hong Kong more than doubled compared to the prior month. This was an interesting increase in gold demand from Hong Kong as the market price increased slightly month over month.Not on...Read More
Is it Friday again? Must be time for another banking scandal! Seriously- these banking scandals are happening with such regularity and predictability Continue...Read More
Back in 2005 a reporter took a tour of General Motors' headquarters, and in the resulting article one thing stood out: The executives and engineers the reporter interviewed were only modestly enthused about their sedans and sub-compacts. But they really liked talking about their expanded line of Hummers. Then oil spiked and gas prices hit records. And GM's bet on massive gas guzzlers blew up in...Read More
All TMX markets, including Montreal Exchange, are experiencing issues with trading, all users are equally impacted and are unable to connect to our Exchanges. We apologize for the inconvenience and continue to investigate. Further updates will be provided.Continue...Read More
By Avi Gilburt & Xenia TaoubinaFor those that have followed the long-term bond market, you have likely seen many analysts attempting to call the top to the market. And, many have even tried multiple times. However, through the years, bonds continued to chug higher and high.On June 27th, 2016, we sent out a major alert to our members entitled "Beware of Bonds Blowing Up." Yes, we took o...Read More
I see five reasons for (very modestly) elevated concern: (1) The tracking estimates were 3% just a month or two ago, this is a deterioration from what were expecting up until recently.Continue...Read More
After the excitement last week, when silver suddenly enjoyed a bear squeeze briefly pushingContinue...Read More
It's easy to dismiss seasonality in the price of a tradable asset. After all, if supply and demand fluctuate regularly you'd think the resulting arbitrage would attract Continue...Read More
- Gold mining shares require timing and are speculative- Gold mining: "maximising risk, while minimising reward"- Gold mining is increasingly complicated, difficult & much riskier- Easier, more cost efficient and safer to buy physical gold than mining stocks- "If your strategy is buy and hold, or buy and forget, go for the metal, not the miners"- Owning allocated and segregated gold is a hedge...Read More
Listen to this podcast airing on our site this Saturday by clicking here or subscribe on iTunes here.The S&P 500 is now more heavily dominated by tech and financials than at the 2000 and 2007 market peaks, says market analyst John Roque of Key Square Capital, formerly at Soros Funds. In an exclusive interview with Financial Sense Newshour, Roque explains why strategists are mist...Read More
History will likely remember this meeting as nothing more than a Potemkin summit chock-full with pictures designed to appeal to your heart, when in fact, nothing substantial was achieved.Continue...Read More
The search for DNA relatives is clever detective work, but it does raise issues of data protection I've been warning about.DNA info must be viewed as personal property of the most intimate and personal form. We must own itContinue...Read More
Jason Burack of Wall St for Main St interviewed first time guest, experienced stock trader and editor at the Cross Currents stock market trading newsletter http://www.cross-currents.net/, Alan Newman. Alan began professionally trading markets in 1987 and has been writing a paid newsletter for stock market traders for 28 years. Alan talks about stock market support levels to watch and he thinks tha...Read More