StrengthsThe best performing precious metal this week was gold, down 0.65 percent. Gold bulls regained the upper hand this week in the Bloomberg survey of traders and analysts, as investors weigh U.S.-China trade tensions and the outlook for global growth. Bloomberg reports that open interest, a tally of outstanding futures contracts in bullion, surged the most since mid-2016 on Monday to the hi...Read More
By: Dave KranzlerTesla has been "done" for awhile but many of the Wall Street and investor "uber" bulls are finally starting to see this reality. Amusingly, Wedbush's Dan Ives issued a report in which he lowered his price target on Tesla stock from $270 to $235. He refers to Tesla's situation as a "code red situation." Quite frankly, a "code red situation" with regard to a company and it...Read More
Is it okay for Tesla bulls to come out of their bomb shelters? Perhaps, but only with caution. The stock bounced sharply on Monday from a low that was close to the 193.31 Hidden Pivot support we were using as a minimum downside target. On the hourly chart the selloff looks to have reversed an inch from where we'd expected. But I hesitate to declare the target achieved, since the tiny-lookin...Read More
Rob believes that trillions of dollars have been created in a run up to the eventual demise of the dollar. Foreigners are aware of this situation and are starting to cut their losses. The reality is that the American people have been lied to on a vast scale. Rob believes it's the source of most of the world's geo-political problems. If nothing is done the system will collapse and the question beco...Read More
Seaborne iron ore prices continued to strengthen on Tuesday May 21 after exceeding $100 per tonne cfr last Friday, thanks to gains in the futures and spot steel markets.MB 62% Fe Iron Ore Index: $102.03 per tonne cfr Qingdao, up by $0.32 per tonne.MB 62% Fe Pilbara Blend Fines Index: $100.22 per tonne cfr Qingdao, up by $0.32 per tonne.MB 62% Fe Iron Ore Index-Low Alumina: $105.76 per tonne cfr Qi...Read More
Gregory Mannarino shares his thoughts on the financial markets, the trade war and how monetary policy will impact investors.Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equi...Read More
With the Brexit threatening to break up the Eurozone, and US/China trade wars escalating at the top of today's massive credit cycle, what will happen to the the ordinary person during the next downturn, as feverish central banks slash interest rates to zero or negative (ZIRP/NIRP)?Alasdair Macleod, head of research at GoldMoney.com, returns to Reluctant Preppers to weigh in on the true state of th...Read More
Here comes QE on steroids. Join Mike Maloney as he explains the Fed's latest plan to manipulate and distort the markets, and what the results are likely to be.Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment education companies....Read More
Google just drive a spike through the heart of Huawei's hearth. No more Android phone operating system for them! Everyone spies, especially the US. Is it better to have Alexa spying on you or the US Government. Neither of them have any concern for your privacy or your rights. Privacy as we used to conceive of it is rapidly disappearing.John Rubino is the founder and manager of the popular financia...Read More
Rob Kirby is a financial commentator and former broker who worked on an institutional trading desk for most of the 1980s and right up until 1996. He also worked for 11 years at Prebon Yamane, an international inter-dealer broker of foreign exchange and interest rate products. He spent an additional year at another money/bond broker called Freedom Bond Brokers, then spent two years at Garban Inc.,...Read More
"Our Speaker is our Speaker, elected by our colleagues and we have a Caucus where we share our views... I think the Speaker is very responsive to the caucus Continue...Read More
The infamous SAT has been used since 1926 as a sort of university entrance exam to objectively test high school students' scholastic aptitude. Until now.Continue...Read More
Just like investors tend to buy high and sell low, politicians tend to react to most major issues (ahem... immigration) by doing the wrong thing at the right time.Continue...Read More
Link to the Slides and Sources: https://www.itmtrading.com/blog/much-...Question 1. Eric E: Many people recommend 10% of my assets to be in Precious Metals. How can 10% of my Assets in precious metals allow me to maintain my buying power in the event of a reset? Is that really enough?Question 2. Jacqui S: I have just watched your great presentation on monetary velocity. Please can you tell me how...Read More
Jason talks about how more ardent Tesla Motors bulls flipped on the company this week as Tesla's share price is now down ~40% in the last 6 months and ~26% in the last year.The last 6 months have not been kind to Elon Musk and Tesla Motors! More bad production results (except for one profitable quarter), more bad headlines and more long time Tesla bulls flipping and turning bearish, or at least a...Read More
Physical iron ore markets continued to strengthen on Friday May 17, with the seaborne price breaching $100 per tonne cfr China for the first time in five years amid bullish futures.MB 62% Fe Iron Ore Index: $101.71 per tonne cfr Qingdao, up by $2.50 per tonne.MB 62% Fe Pilbara Blend Fines Index: $99.90 per tonne cfr Qingdao, up by $2.50 per tonne.MB 62% Fe Iron Ore Index-Low Alumina: $104.48 per t...Read More
Jason talks about news of a rare earths export ban by China, as Jason predicted could happen over a year ago, as the US vs China trade war escalatesXi Sends Trump A Message: Rare-Earth Export Ban Is Coming https://www.zerohedge.com/news/2019-0...Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial educatio...Read More
Capital usually flows into bonds when investors see economic or political risks on the horizon.Continue...Read More
"These gains might suggest that the strength of the job market is pulling people from the sidelines into the labor force," Continue...Read More
The U.S.-China trade war is affecting American farmers in profound ways, and many of them are debating whether or not they should vote for Trump againContinue...Read More