Acrossthe world’s big energy markets, the energy war rages on.OPEC andU.S. producers have been competing for years, but it’s now clear who’s winning thisfight.Americanproduction of crude oil rose to an all-timehigh, surpassing 10 million bpd. InFebruary, the International Energy Agency predicted that U.S. shale outputcould meet all new global demand, thanks to its “extraord...Read More
The Italian election will have an impact on the euro and will also affect decision making among Eurozone members. Merkel gets a fourth term in Germany. I do not foresee a sustainable government in Germany. Merkel's pro migrant chant will reduce if she needs to stay in power. Even new Italian leaders will support the need to take in less migrants. Less migrants implies less chaos and lawlessness...Read More
The Fed officially has a new Fed Chair, Jerome Powell. And ever since he took office, it is clear that "something" has changed at the Fed.That something is the famed "Fed put" or the idea that the Fed would immediately move to prop up stocks any time they began to fall.Jerome Powell was sworn in as Fed Chair on February 5th 2018. At that time, the market was in the sharp sell-off annotated in the...Read More
The coming credit crisis in China is no secret.China has $1 trillion or more in bad debts waiting to explode. These bad debts permeate the economy.Continue...Read More
Let's continue on our topic of capital consumption. It's an important area of study, as our system of central bank socialism imposes many incentives to consume and destroy capital. As capital is the leverage that increases the productivity of human effort, it is vital that we understand what's happening. We do not work harder today, than they worked 200 years ago, or in the ancient world. Yet we...Read More
Technical analyst Clive Maund charts silver and explains why he is bullish on the metal.The purpose of this update is to commemorate the Large Specs having their first net short position in silver since the site started 15 years ago, and also to consider how we can turn this to our advantage. Before we look at silver's latest extraordinary COT chart and consider its implications, we will first qui...Read More
The Fed officially has a new Fed Chair, Jerome Powell. And ever since he took office, it is clear that "something" has changed at the Fed.That something is the famed "Fed put" or the idea that the Fed would immediately move to prop up stocks any time they began to fall.Jerome Powell was sworn in as Fed Chair on February 5th 2018. At that time, the market was in the sharp sell-off annotated in the...Read More
Anbang Insurance Group is one of China's largest and most aggressive financial institutions. It is known for its huge customer base, high leverage, and fast-paced deal making.Continue...Read More
CloseGain/LossGold $1319.60-$2.30Silver$16.43-$0.08XAU79.10+0.44%HUI174.35+0.78%GDM603.42+0.25%JSE Gold1108.17+0.60USD90.00+0.06Euro123.36+0.08Yen94.25-0.41Oil$62.57+$1.3210-Year2.884%+0.024T-Bond143.96875-0.46875Dow24874.76+1.37%Nasdaq7330.70+1.00%S&P2720.94+1.10% The Metals: Gold gained $5.80 to $1327.70 in Asia before it dropped back to $1317.40 by midafternoon in New York, but it then...Read More
Strengths ? The best performing metal this week was silver, nearly flat with a drift lower by just 0.06 percent. Sharp's Pixley notes gold demand is on the rise while supply has begun to fall, signaling a potential increase in the gold price. Many see gold as appealing in the medium and long term due to the sustained demographic move into the middle class in China and India, the wo...Read More
And so the immigration debate continues to hold government and the mainstream media hostage. Let's continue our analysis of the situation that we started last Monday...Continue...Read More
The Fed officially has a new Fed Chair, Jerome Powell. And ever since he took office, it is clear that "something" has changed at the Fed.That something is the famed "Fed put" or the idea that the Fed would immediately move to prop up stocks any time they began to fall.Jerome Powell was sworn in as Fed Chair on February 5th 2018. At that time, the market was in the sharp sell-off annotated in the...Read More
Full Article: Gold Stocks: Double Bottoms In PlayBy: Morris HubbarttMorris Hubbartttrading@superforcesignals.comtrading@superforce60.comSuper Force Precious Metals Video AnalysisFull Article: Gold Stocks: Double Bottoms In PlayBy: Morris HubbarttDisclaimer (C) 2010 Junior Gold Report and TechMoney360Junior Gold Report and TechMoney360 Newsletter: Junior Gold Report's and Tech Money 360's News...Read More
By Visual CapitalistThere is nothing more exciting than making some type of discovery.Discoveries can come in many forms - they can be physical, scientific, personal, or even philosophical in nature. But while there are different types of discoveries that can be made, perhaps the most tactile kind of discovery is in the field of mineral exploration. The discovery of a mineral deposit can transfo...Read More
Each week, I believe the silliness being espoused as to what moves the market reaches a climax. Yet, the following week somehow always proves me wrong.Two weeks ago, I noted how the pundits claimed the market dropped because of rising rates, but when the market rallied, the same pundits claimed that it was rallying because of rising rates.Around the same time, these same pundits told us that if th...Read More
Are trade wars coming? Last week Trump announced tariffs on Steel and Aluminum which promptly sent the markets reeling. Today, he announced that the tariffs would remain in place until NAFTA is renegotiated. Can you spell Art of the Deal? Is it part of China's attempt at world domination? Next, the Italian elections resulted in upheaval. The anti-immigration party got more votes than the incumbe...Read More
By Graham Summers The Fed officially has a new Fed Chair, Jerome Powell. And ever since he took office, it is clear that "something" has changed at the Fed. That something is the famed "Fed put" or the idea that the Fed would immediately move to prop up stocks any time they began to fall.Jerome Powell was sworn in as Fed Chair on February 5th 2018. At that time, the market was in the sharp se...Read More
Two trading months plus two days of 2018 already GONE! Yet across the US and 'round into Europe it hardly feels like Spring is about to do so a wit: "snowing here" says a text from the small Mediterranean fishing village of Monaco: put that in yer palm trees.Neither springing so far this year is gold. In looking at our above opening Scoreboard, yes gold is trading at higher levels than 'twas to th...Read More
Taking profits on our short positions and closing them on Thursday turned out to be a good idea. Gold, silver and - on an intraday basis - mining stocks moved higher on Friday, while the USD Index declined. But, is the rally over after just one day? Not likely - gold's and miners' turning points are likely to result in something more than just a daily rally. So, how high is gold likely to rally...Read More
"The civilized world must not tolerate the Assad regime's continued use of chemical weapons." Continue...Read More