- Stewart Thomson 1. To view what may be the most important chart in the history of markets, please click here now. Double-click to enlarge. Gold is breaking out of a massive inverse H&S bull continuation pattern, and that pattern itself may be the head of an even more massive pattern that targets the $3000 price area.2. Please click here now. Double-click to enlarge this...Read More
- Richard (Rick) Mills North American stock markets continued to rise on Friday, as more investors took the opportunity to jump into equities on the back of a clear signal from the US Federal Reserve that interest rates are likely heading down. The S&P 500 hit a new record on Thursday, finishing 249 points higher, or 0.9%, to 2,954. The Federal Open Market Committee (FOMC) concluded on Wedne...Read More
- Gary ChristensonEvery 30 - 40 years the world goes crazy, takes a deep dive into a shallow pond, dances with the devil, and resets gold internationally.In 1913:A corrupt congress created the Federal Reserve and reset gold's status. Paper currency units (bad money) eventually drove gold (good money) out of the financial system. Add WWI, the IRS, and League of Nations.In 1944 - 1949:The Bretto...Read More
- Dave KranzlerShort of a raid orchestrated by the central planners to fasten tighter the cap on gold (which remains a real possibility given the historical record), the yellow metal shouldn't encounter much price resistance until above $1,500/oz. - Adam Taggart, Peak ProsperityI agree with the statement above from Adam Taggart but an aggressive price attack by the banks who operate the Com...Read More
By: Ira EpsteinGold technical price update - GDX showing weakness, a key reversal:Read More
By Avi GilburtIf you have followed us since December 2018, then you know we were expecting a major bottom in the cryptocurrency market, and expecting 2019 to be very bullish. In February we wrote an article suggesting an imminent wave two bottom, which proved correct, holding support by $10 on some exchanges.We suggested then that a third wave would commence, thrusting Bitcoin prices much higher...Read More
Bitcoin's impressive rise from the dead has hit 11,467 today, exactly two-tenths of a percentage point from the 11492 target I sent out to Rick's Picks subscribers a few weeks ago. There is further potential to 19,850 if certain conditions are met. Let me show you what to look for.Read More
- Stefan GleasonThe War on Cash isn't a conspiracy theory. It's an open agenda. It's being driven by an alignment of interests among bankers, central bankers, politicians, and Silicon Valley moguls who stand to benefit from an all-digital economy.Last week, Facebook - in partnership with major banks, payment processors, and e-commerce companies - launched a digital currency called Libra. Unlik...Read More
Turkish steel producers continued to be quiet in the deep-sea scrap markets with little demand for July shipment cargoes, sources said on Wednesday June 26.Mills in the country stepped away from the deep-sea markets last week after booking several cargoes for July.Some sources believe that domestic steel producers in Turkey still need a few more cargoes, but told Fastmarkets the mills&nb...Read More
Jordan Roy-Byrne, Founder of The Daily Gold joins me to share his thoughts on what a bullish correction for gold would look like. With everyone saying gold is overbought and a correction is due the fact is that in bull markets price can continue to run and corrections are typically short term events. We discuss a lower level that would still be bullish for gold and just how important Friday's clos...Read More
Dan Fuss, vice chairman of Loomis, Sayles & Company and fixed income investor extraordinaire, calls in to discuss the state of markets in 2019. @LoomisSayles www.loomissayles.com1:36 A rate-hike shock collar8:12 Negative rates and the nature of safety17:07 The 1984 bear market retest: Symmetry?22:44 The "flow of funds phenomenon"27:00 Dan's positioningJames "Jim" Grant is an American writer and pu...Read More
"Once the market perceives that there is no light at the end of the tunnel, that we are never going back to normal, that interest rates are going to stay negative in real terms forever, that the Fed has no ability to raise rates, that all the new money that has been created will never be destroyed, that the Fed balance sheet will grow in perpetuity so liquidity will never be removed, then the doll...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
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
The New York Times has publicly acknowledged that it sends some of its stories to the US government for approval from "national security officials" before publication.Continue...Read More
The NSA has been caught illegally collecting Americans' phone metadata yet againContinue...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
Not so long ago, Europe seemed to have its financial house more-or-less in order. German government spending was actually falling. Industries that had been nationalized Continue...Read More
Bitcoin leads the way once again as the Bad Guys figure out ways to "Control" the price with new derivative futures. Also, another Silver Rigger has turned State's Evidence against J P M?Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com. Bix has dedic...Read More
Continue...James Turk has specialized in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. His career began at Chase Manhattan Bank (now JPMorgan Chase & Co.), which included assignments in Thailand, the Philippines and Hong Kong. He subsequently joined the investment and trading company of a pro...Read More