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By Keith WeinerThink back to the halcyon days of the dot com boom. This was a time after Greenspan declared "irrational exuberance". Long Term Capital Management collapsed in 1998, and Greenspan decided to risk propelling exuberance to a level beyond irrational. Super-duper-irrational exuberance?Anyway, Greenspan cut interest rates a few times in late 1998. Technology companies were able to rais...Read More
Current Position of the MarketSPX: Long-term trend - The bull market is continuing with a top expected in the low 3000s.Intermediate trend - The intermediate correction from 2872 could continue until mid-May, but is mostly behind us.Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which d...Read More
"Kevin, are we going for an additional tax cut, I understand?" Trump asked, drawing laughter from those gathered for the event. "Huh? He's the king of those tax cutsContinue...Read More
Listen to the Podcast Audio: Click HereMike Gleason: It is my privilege now to welcome in Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is perhaps the most well-known trends forecaster in the world and it's always great to have him on with us.Mr. Celente, thanks again for the time today and welcome back.Gerald Celente: Oh, it's always great being on. Thank you.Mike Gl...Read More
By John MauldinLabor 2030Surplus WorkersWealth Tax ComingHome Again, Home Again, Jiggity-JigWe've just wrapped the Strategic Investment Conference, which in many ways is the best week of my year. Seeing so many old friends, making new ones, and having countless fascinating conversations is my idea of heaven.On the other hand, this particular heaven is also exhausting. I've been running at full p...Read More
By Avi GilburtDo you think we will ever see a week of market moves associated with news events for which you will not shake your head?Week after week I think analysts say something so stupid that I just want to scream. As I have pointed out so many times over the years, I keep hoping that some form of sanity will grip pundits one day. I keep hoping that they may wake up and recognize the error o...Read More
- Recent stock market selloff showed gold can deliver returns and reduce portfolio risk- Gold's performance during stock market selloff was consistent with historical behaviour- Gold up nearly 10% in last year but performance during recent selloff was short-lived- The stronger the market pullback, the stronger gold's rally- WGC: 'a good time for investors to consider including or adding gold as...Read More
Focus in on retaliation measures after Trump's tariff. Traders have ignored the exceptional US February nonfarm payroll numbers. Global stock markets are expected to rise. Sentiment for the US dollar is still weak. Now the focus will be on the FOMC meet. The pace of interest rate hikes is the key and not the actual hike. An early Easter (in March) does have temporary economic implications. I b...Read More
Comprehensive surveys, combined with previous geophysics and scout drilling, place U.S. Gold Corp. on the cusp of potentially generating multiple new targetsELKO, Nev., March 12, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU), a gold exploration and development company, today is pleased to announce the completion and compilation of the district-wide geochemical surveys on the Keystone projec...Read More
If you're getting the sense that stocks always go up, that's because they've been doing so for a really, really long time. From CNBC today:Continue...Read More
Despite the absence of any empirical support, Fed governors and staff economics persist in their reliance on the Phillips Curve, which predicts that low unemployment leads to rising inflation. U.S. unemployment at around 4% is in fact at 17-year lows.The Fed insists that the time to tighten monetary conditions is now, before the inflation emerges.Yet as I've explained many times, the Phillips Curv...Read More
Mar 13, 2018 Guest(s): Michael Gravelle Minister of Northern Development and Mines Canadian residents, particularly in northern Ontario, are well informed of mining activities and the metals industry as a whole, according to Michael Gravelle, Minister of Northern Development and Mines of Ontario. "We know that some communities are simply focused on mining developments because that's where all th...Read More
By Ira EpsteinGold and silver trade near unchanged. https://www.iraepstein.com/ Read More
Listen to this podcast on our site by clicking here or subscribe on iTunes here.Though we've seen markets swing a bit recently, we're still in positive territory for the year. This time on Financial Sense Newshour, we spoke with Dave Nicoski of Vermillion Research for his take on whether recent pullbacks hint at a more significant correction, or if this is just a pause for markets t...Read More
Mar 14, 2018 Guest(s): Darren Blasutti CEO, Americas Silver Corp. Silver is set to rally, but only in the medium to long-term, said Darren Blasutti, CEO of Americas Silver Corp."I think we're particularly positive on silver, but I think we're out two or three years before we see that real change in silver, but we're very bullish right now on zinc and lead, and copper," Blasutti told Kitco News o...Read More
The other day I was reading a Bloomberg article about how income inequality in the U.S. has hit a disturbing new threshold.It went on about the fact that wage growth is ridiculously slow, despite our near full employment situation... that African Americans and women are still disadvantaged... and that the wealthiest are accumulating more money than ever.Really, none of it surprised me. This is...Read More
March 21 is just over a week away. That's when the Federal Open Market Committee, FOMC, the Fed's interest rate policy arm, will raise interest rates another 0.25%, the sixth Continue...Read More
March 21 is just over a week away. That's when the Federal Open Market Committee, FOMC, the Fed's interest rate policy arm, will raise interest rates anotherContinue...Read More