By Dave KranzlerDr. Paul Craig Roberts sent me an article by Catherine Austin Fitts and asked if I had read it. The article is titled, "The State of America's Pension Funds." The article is worth reading, though I believe Ms. Fitts underestimates significantly the degree to which political and Wall Street criminality - along with money management incompetence - has infected and destroyed the U...Read More
By Gary SavageThis video details my longer term projections for numerous markets including the Nasdaq Index, Semiconductor Index, SPX 500, Commodities Index and Gold.https://blog.smartmoneytrackerpremium.com/ Read More
If you keep messing with our free speech @jack I will build a team to create a Twitter alternative, without censorship. Twitter could be toast within aContinue...Read More
Catching up with Rick Rule from Sprott US Holdings at PDAC 2018. "Some of the transactions in the mining space that were more questionable have failed. I think the dumb money has gone to crypto and marijuana. From my personal point of view, good riddance. That money shouldn't be in our space."Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securi...Read More
I was going to take another week off, but then this week seemed worthwhile to comment on. For one thing, the current correction is obviously different from the others seen in the Dow Jones' BEV chart below. From a BEV Zero to a 10% decline in only nine trading days. A 10% move in a BEV plot is nothing big, but seeing one take place in only nine days is worthy of note. Then the bulls take the BEV p...Read More
Now that equities are behaving the way they should have since, oh, 2013 - volatile with a pronounced down bias - everyone is wondering how far the crazy will go before the Fed starts buying the S&P 500.Continue...Read More
By David HaggithHow inflated with debt have we become? How long can we float on our own bloat? Reasonably trim in 1970, the sum of all debt publicly financed by the US government was $275 billion. Last week, the government sought to raise $258 billion in just one week! The weekly financing to keep the government afloat is now about equal to all the debt it amassed over the course of its first 18...Read More
By John Mauldin'80s FlashbackData from AfarNot TheoreticalSome Thoughts on the Trump TariffsSan Diego and the Strategic Investment ConferenceI'm going to wrap up our series on the problems of collecting and analyzing data in the first half of this letter, and then I'll quickly comment on the Trump tariffs. I think both topics will feature in this week's Strategic Investment Conference. At the en...Read More
Now that equities are behaving the way they should have since, oh, 2013 - volatile with a pronounced down bias - everyone is wondering how far the crazy will go before the Fed starts buying the S&P 500.Short sellers, of course, want to know when to close out their at-long-last-profitable bets (see David Einhorn). Cautious investors (see Warren Buffett) with money on the sidelines want to know wh...Read More
The United States Army M1 Abrams tank, an American third-generation main battle tank, is being upgraded with an invisible shield that will destroy all chemical Continue...Read More
Goldmoney's Head of Research, Alasdair Macleod, shares his thoughts on the Oil-Yuan Futures and the implications for gold. Read More
By Dave KranzlerDr. Paul Craig Roberts sent me an article by Catherine Austin Fitts and asked if I had read it. The article is titled, "The State of America's Pension Funds." The article is worth reading, though I believe Ms. Fitts underestimates significantly the degree to which political and Wall Street criminality - along with money management incompetence - has infected and destroyed the U...Read More
By Gary SavageThis video details my longer term projections for numerous markets including the Nasdaq Index, Semiconductor Index, SPX 500, Commodities Index and Gold.https://blog.smartmoneytrackerpremium.com/ Read More
David Morgan of The Morgan Report spoke to INN at PDAC 2018 and discussed why Silver is going to outperform Gold this year. David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic,...Read More
Mar 05, 2018 Guest(s): Byron King Editor, Agora Financial The imminent collapse of modern currencies will push gold up to $10,000 an ounce, assuming central banks resort back to a gold-backed monetary system, said Byron King, editor of Jim Rickards' Gold Speculator."If you take the global money supply, back it with 40% gold, you need $10,000 gold to make the math work, and that's just using a 40...Read More
Mar 05, 2018 Guest(s): Amir Adnani, Chairman, Goldmining Inc. Relative to physical gold, gold stocks are severely undervalued, said Amir Adnani, Chairman of GoldMining Inc."Gold prices are the same level they were at in 2016, but the equities are maybe 50% lower than that," Adnani told Kitco News on the sidelines of the PDAC 2018. "From my perspective, in terms of store of value, I think the go...Read More
Mar 05, 2018 Guest(s): Adrian Day Gold stocks are inherently volatile, and we are currently at a phase of undervaluations that presents a significant buying opportunity, said Adrian Day of Adrian Day Asset Management."If you're losing interest in gold, you don't want to get out at the low point, you want to at least wait until we have a high point and get out," ay told Kitco News on the sidelin...Read More
Mar 05, 2018 Guest(s): Ivan Bebek Executive Chairman, Auryn Resources A lack of appreciation of gold has led to the yellow metal being undervalued, said Ivan Bebek, Executive Chairman of Auryn Resources."It seems like investors are looking for every reason but the gold price to buy into other commodities, such as battery metals, tech, or marijuana," Bebek told Kitco News on the sidelines of the...Read More
Conditions in Venezuela continue to worsen at an unsustainable level.Continue...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 has become more complex.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 discusses the course of longer...Read More