We firmly believe, and have stated a number of times, that gold and silver are the only assets that have the fortitude to stand up to governments and banks. These two assets, throughout history, have over and over and over again helped the people to gain wealth, to prosper and to truly innovate new technologies. What has happened over the past 100+ years is our wealth, innovation and sovereignty h...Read More
By Rory HallWe firmly believe, and have stated a number of times, that gold and silver are the only assets that have the fortitude to stand up to governments and banks. These two assets, throughout history, have over and over and over again helped the people to gain wealth, to prosper and to truly innovate new technologies. What has happened over the past 100+ years is our wealth, innovation and...Read More
- ATMs in US hit by "jackpotting" attacks that empty ATMs in minutes- FBI warns of attacks in US after similar crimes in Taiwan, Thailand and Europe- Hackers have stolen c.$1 million from ATMs across the US warns U.S. Secret Service- Target Diebold Nixdorf machines - #1 global ATM provider, 35% of ATMs worldwide- Digital deposits increasingly vulnerable - Time to save in physical goldSource: T...Read More
By Craig HemkeAfter gaining nearly 14% in 2017 and posting its best annual gain since 2010, COMEX gold looks poised to move higher this year and finally break out in its renewed bull market. A number of factors have played a role in gold's rise from the bear market lows of December 2015. Among these are: o a generally falling USDJPY and Dollar Index o continually low global interest rates o lack...Read More
By Avi GilburtThere is no real secret to the market. In fact, it is rather simple. But, that does not mean the specific smaller degree moves in the market will be just as simple.You see, markets are no different wherever you look. Whether that be metals, equities, Forex, crypto-currencies, etc, they all react in the exact same way. Markets simply move from one extreme to another. And, we need to...Read More
Towards the end of financial bubbles, people who previously paid little attention to things like "quality" start trying to figure out what they actually own. The result is either funny or terrifying, depending on the point of view. This time around bonds are (finally) getting a closer look. From today's Wall Street Journal:Decade of Easy Cash Turns Bond Market Upside DownDebt deals set records f...Read More
- FBI warns of attacks in US after similar crimes in Taiwan, Thailand and Europe- Hackers have stolen c.$1 million from ATMs across the US warns U.S. Secret Service- Target Diebold Nixdorf machines - #1 global ATM provider, 35% of ATMs worldwide- Digital deposits increasingly vulnerable - Time to save in physical goldEditor: Mark O'ByrneSource: TechViral.net$1 million has been stolen from AT...Read More
Trump is a joker. It is better to ignore his state of the Union address and focus on economic fundamentals and central bank excesses. The US January ADP employment number will impact currencies and precious metals only if it is on the extreme higher/lower side of expectation. Physical demand for gold and silver will be the key. There will be a sell off if there is no physical demand for gold sil...Read More
J.B. Silvers, Case Western Reserve UniversityAmazon, Berkshire Hathaway and JPMorgan Chase's announcement that they will create an independent company to offer health care to their employees "free from profit-making incentives and constraints" sent a shock through the healthcare industry, with share prices of some incumbents tumbling on Jan. 30.Of course, this is not a surprise since anything Amaz...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 single most important bond in the world is the US 10-Year Treasury bond.According to modern financial theory, this bond, with a duration that is meant to cover a full economic cycle, is generally considered the "risk free" rate of the return for the entire financial system. Corporate debt, mortgage rates, auto loans, even stock dividends are all perceived in terms of their value/risk relative...Read More
I know the Federal Reserve doesn't effectively create money or directly monetize. I know this because then Fed chief, Ben Continue...Read More
Three trends I've been forecasting have been happening in the last year:The strong Trump rally.Rising 10-year Treasury bond yields.And rising gold prices.Continue...Read More
Palisade Research January 31, 2018 Category: Research There is something going on in the economy that no one is talking about.And it is making me uneasy. . .For the last decade, the world’s economies have piled on an insane amount of debt.It’s not hard to see why this happened.Years of near zero interest rates - even negative across Europe and Japan - allowed governments and households...Read More
(Kitco News) - Gold prices rose in Asian trading as U.S. President Donald Trump delivered his first State of the Union address, in which he praised economic progress, called for cooperation and ordered to keep Guantanamo Bay prison open.April Comex gold futures were last at $1,344.20, up 0.31% on the day.In his speech, Trump touted stock market gains, tax cuts benefits and rising wages.“Sinc...Read More
Gold Comment by Soren K, a biased bullish Gold trader who swing-trades from the short side in shorter time frames. Note: As part of the writing team I'm adding an edit for the casual reader whom Soren does not wish to cater to but, I do. Soren deals in projections and likelihoods as a product of risk reward opportunities. These are not predictions despite the black and white definitive...Read More
CloseGain/LossGold $1336.80-$5.20Silver$17.11-$0.07XAU86.56-1.03%HUI194.03-0.89%GDM656.14-1.09%JSE Gold1239.40-60.77USD89.23-0.13Euro123.97+0.14Yen91.97+0.06Oil$64.50-$1.0610-Year2.724%+0.033T-Bond147.34375-0.78125Dow26076.89-1.37%Nasdaq7402.48-0.86%S&P2822.43-1.09% The Metals: Gold dropped $7.50 to $1334.50 in Asia before it bounced back to $1348.90 by a little after 9AM EST, but it then...Read More
- Property crisis in London as over half of 1,900 luxury apartments built 2017 fail to sell- London's still high priced property causes companies to locate offices elsewhere- At current rates, glut of London properties will take three years to sell- Leading London-based estate agents Foxtons' sees 42% drop in earnings, yoy- UK's largest estate agent issues second profit warning in three months-...Read More
Deutsche Bank and its associate group, UBS, HSBC etc have been fined by the CFTC for gold price manipulation. I am sure silver prices are being manipulated by a group of banks and hedge funds. Silver is undervalued. Long term industrial uses of silver will exceed production. Those who had invested in physical silver have lost all hope that silver prices can rise. Some of the silver investors are...Read More
By Wayne ColeSYDNEY, Jan 31 (Reuters) - Australian consumer prices remained subdued last quarter as core inflation ended a second whole year below the central bank's target, leading investors to widen the odds on a hike in interest rates anytime soon.The local dollar fell a quarter of a U.S. cent as the headline consumer price index (CPI) rose 0.6 percent in the December quarter, missing forecasts...Read More