The Dow had the biggest rally today since 1933 during the Great Depression.Physical gold market is selling out of inventory.Stimulus package dragging on as Democrats pack in the porkbarrel.The digital dollar is coming.Pandora's box has been opened on landlords.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his...Read More
"The smart money is seeing the fake money being printed, and they are going into gold. Now hear this. Just like the crummy, slimy politicians going after your Constitutional rights and Bill of Rights, they are going to go after your gold. They did it in the last Great Depression, and they are going to do it in the Greatest Depression. You mark my words."Gerald Celente is a pioneer trend strategist...Read More
To Watch Update #55, CLICK HEREGovernments around the world are struggling to answer: What's the bigger priority, saving lives or the economy? Lots of strong opinions on both sides and not lot a lot of agreement (yet). China-style lockdowns are hard for most leaders to swallow, as they result in gut-wrentching economic losses, mass job layoffs, and supply shortages. But keeping people at work or r...Read More
"It's really much closer to a major snowstorm or a natural disaster than it is to a classic 1930s-style depression."Continue...Read More
"To save India and every Indian, there will be a total ban on venturing out," Modi said Tuesday.Continue...Read More
James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depression: 1921: The Crash That Cured Itself. Grant's television appearances include "60 Minutes," "The Charlie Rose Show," Bloomberg TV, CNBC and other well-known financial news sources. His j...Read More
NOTE: The vote on the bill has been delayed, but it's coming (I only just saw that after I finished recording) Six Trillion Lies - the latest plan to 'save the US economy' sounds great to most people at first glance, but as Mike Maloney explains in today's update - when you take a look under the hood of the economy, the original parts just aren't there any longer. Buyer beware. How did this happen...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
The United States and Saudi Arabia have been floating the idea of setting up a new oil cartel, Bloomberg reports, citing Energy Secretary Dan Brouillette.Continue...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
Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and has traveled to over 30 countries in the past decade in pursuit of thrills and opportunities, gaining valuable knowledge and experience. With Wealth Research Group, Lior allows readers access into the world of the few who beat the markets consistently for decades...Read More
Prices for hollow steel sections moved down across Europe over the past week, despite trading activity continuing, sources told Fastmarkets on Wednesday March 25.Fastmarkets' weekly price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?595-620 ($643-670) per tonne on Wednesday, down from ?,?600-630 per tonne one week previous."We are still working and are trying...Read More
The Federal Reserve is the largest holder of Real Estate on the planet. How did they do it? It was actually pretty simple...they created trillions of dollars of counterfeit currency and used it to bid assets away from ordinary people, while also buying endless amounts of Mortgage Backed Securities. Join Mike Maloney as he explains how the Fed's reckless actions will lead to the world's economies a...Read More
Turkish carmakers Oyak Renault, Toyota Motor Manufacturing, Mercedes-Benz T? 1/4 rk and Ford Otosan have all announced production stops this month because of concerns about the spread of novel coronavirus (2019-nCoV)."We [will] gradually and temporarily suspend most of our operations as of March 26, 2020, in Oyak Renault automotive factories. [A] production resumption date will be shared again acc...Read More
Turkish carmakers Oyak Renault, Toyota Motor Manufacturing, Mercedes-Benz T? 1/4 rk and Ford Otosan have all announced production stops this month because of concerns about the spread of novel coronavirus (2019-nCoV)."We [will] gradually and temporarily suspend most of our operations as of March 26, 2020, in Oyak Renault automotive factories. [A] production resumption date will be shared again acc...Read More
Oil logged its third straight winThe Dow capitalized on yesterday's historic gain with another win today, its first set of back-to-back wins since Feb. 6. The blue-chip index climbed over 1,100 points at its session highs, thanks in part to big days from both Boeing (BA) and Nike (NKE). However, the Dow came off its highs in last-minute trading, amid a possible impasse with the stimulus bill betw...Read More
The SPX is still up 11.5% a year annualized off its 2009 bottomIt's been an absolute bloodbath on Wall Street the last two months, there's no sugarcoating it. How bad is it, actually? Well, after Monday's historic drop, it was the sixth largest pullback for the S&P 500 Index (SPX) going back to 1928, according to Schaeffer's Senior Quantitative Analyst Rocky White. However, stocks have made a bit...Read More
KeyBanc upgraded KB Home to "overweight" from "sector weight"Homebuilding concern KB Home (NYSE:KBH) is enjoying an impressive day of gains, up 22.2% at $19.08 this afternoon following an upgrade to "overweight" from "sector weight" from KeyBanc. The analyst maintained its $25 price target. KeyBanc's bull note comes right ahead of KBH's first-quarter earnings report, which is due out after the clo...Read More
Last week was another week of wild marketvolatility for all asset classes, and precious metals were no exception. Gold continues to be the least volatile metal. And it continues to hold up better than thechaotic stock market during most trading days. But it has experienced somedownside in recent days. Money Metals Exchange and other bullion dealershave experienced an unprecedente...Read More
Morgan Stanley upgraded from "equal-weight" to "overweight"Virgin Galactic Holdings Inc (NYSE:SPCE) is up 6.9% to trade at $17.45 at last check. The aerospace company was upgraded to "overweight" from "equal-weight" by Morgan Stanley, who believes the company has a healthy enough cash position to navigate the near-term discord. However, Morgan Stanley also cut its price target to $24 from $30 due...Read More