Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
CloseGain/LossGold $1283.00-$1.60Silver$15.36+$0.03XAU68.86+0.18%HUI151.86-0.22%GDM573.37+0.13%JSE Gold1350.79+8.99USD96.12-0.24Euro113.83+0.20Yen91.47-0.18Oil$52.62-$0.3910-Year2.746%+0.007T-Bond145.00-0.40625Dow24575.62+0.70%Nasdaq7025.77+0.08%S&P2638.70+0.22% The Metals: Gold edged up to $1286.50 in Asia before it dropped back to $1278.70 in early New York trade and th...Read More
By Craig HemkeLast week, we discussed our outlook for 2019 and the factors that will soon drive price to multi-year highs, and eventually, new all-time highs. This week, let's take stock of the current situation and attempt to discern the direction of price in the near term. If you missed last week's column, you should be sure to read it now. The months ahead will unfold in a manner eerily remin...Read More
Miles Franklin sponsored this article by Gary Christenson, the Deviant Investor.From Bill Holter "Crash Alert." "For the last 6 months we have responded 'it is happening right before your very eyes!'" "The coming crash is a mathematical certainty and one that historians will ask in the future, 'what were they thinking.' While CNBC parades clown after clown to tell you this is a buying opportunit...Read More
By Frank HolmesPalladium might not fill headlines the way gold does, but it's been on fire lately. Not only has the precious metal been the best performing commodity for two years straight, but its price also just shot past gold for the first time since 2001. For the first time ever, it broke through $1,400 an ounce last week before pulling back somewhat. From its 52-week low set in August, pall...Read More
I've bent over backwards lately second-guessing my permabear side, on a hair-trigger as I wait for the short squeeze from hell to begin. Instead, the Masters of the Universe who supposedly control the stock market like it's a PlayStation game can barely muster a decent rally other than fleeting ones on the opening bar. Have I perhaps overestimated the sleazeballs? Probably. Regardless, it all co...Read More
- David Attenborough warns Davos summit - 'The Garden of Eden is no more'- "If we wreck the natural world, we wreck ourselves" warns Attenborough- If we destroy our environment, it will badly impact our economies and markets- We must put the environment at the heart of our financial and monetary systems- "Future proof" our economies, our currencies, our finances & our pensions with gold- Hop...Read More
Gold and silver are steady. Trump's top economic advisor is looking for commitments from China for a trade deal. Uncertainties over a trade deal will prevent gold from a big sell off. Right now the trend in gold is neutral. Silver needs to trade over $1500 to be in a bullish zone. Day traders are on the sidelines. Long term investors are using sharp dips to invest in gold. Some large fund manage...Read More
Tsingshan Group, Taiyuan Iron & Steel (Tisco) and Baosteel - China's leading stainless steel mills - will maintain their high-carbon ferro-chrome tender prices unchanged month on month for February amid comparatively stable domestic stainless steel prices over the past few weeks. Tisco released its February tender price for high-carbon ferro-chrome at 6,650 yuan ($977) per tonne on Tuesday January...Read More
Quantitative Easing. Quantitative Tightening. Rising interest rates. Declining interest rates. Does The Fed know what it's doing? Michael Pento joins Robert & Kim to discuss how The Fed's policies may be leading us into recession.Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Book...Read More
Russell Napier, independent strategist and co-founder of the Electronic Research Interchange, joins the program to discuss the state of financial markets and his thought-provoking recent essay in the Financial Times. 3:18 "There's a global monetary system?"6:06 Central bank credit and "the savings glut"11:28 Treasury yields: The world's most reflexive asset class18:35 "The People's Bank of China c...Read More
The legendary Jim Rogers tells you about a recession, the economy, interest rates, residential & agricultural real estate, inflation vs. deflation and more.Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting jour...Read More
The stock market sold off after being extremely overvalued, says Fund Manager David Kranzler, but is still overvalued.The stock market is bouncing, but not based on fundamental strength of the economy. The current volatility in the stock market is a sign of instability. Markets have further to fall, he says, so be wary of talk about a strong market.Precious metals are on the rise, and Kranzler is...Read More
Link to the Slides and Sources: https://www.itmtrading.com/blog/minin... Question 1. Many Viewers: what are your thoughts about investing in precious metal mining stocks?Question 2. Many Viewers: Are there any noticeable patters around the government shutdown?Question 3. Matti K: What happens to the price of gold if Chinese yuan (or any other major currency other than the USD) is backed by gold?Qu...Read More
'When we tell you to stop, you stop. That is called obstructing everybody - learn'.Continue...Read More
Investigative journalist Ben Swann joins Manila Chan to talk about France fining Google ?,?50 million for violating EU privacy laws. They discuss Google's practices of location tracking, whether or not users can "opt out," and if laws like these could be enacted in the US. Read More
Continue...Steve Keen is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. Keen was formerly an associate professor of economics at University of Western Sydney, until he applied for voluntary redundancy in 2013, due to the closure of the economics program at t...Read More
Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginnings in May 2005, Of Two Minds now attracts some 200,000 visits a month. Charles also contributes to AOL's Daily Finance site and has written eight books, most recently "Surviv...Read More
Jim covers the bad old inflation days of the early 1980's and the courage of Paul Volcker, the many lessons learned through risk cycles, negative interest rates and his view on the damage done to the price discovery process wrought by the interventionist activities of the modern Central Banker. Jim even shares his views on the National Weather Service in the course of our excellent discussion. Jam...Read More
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, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get t...Read More
As the good people of Venezuela make your voices heard tomorrow, on behalf of the American people, we say: estamos con ustedes. We are with you. We stand with you, and we will stay withContinue...Read More