By: Jordan Roy-Byrne CMT, MFTAAlthough the financial media conflates the two, there is a difference between a rally and a bull market.A rally implies a rebound after or a reprieve from weakness. A bull market is higher highs and higher lows for a period of at least a few years.Gold's strength in the 2000s was not a rally, as many have deemed it, but a bull market. Gold's rebound in 2016 was a...Read More
By: Larry LaBordeWe just returned home from a trip to France and my head is still trying to sort everything out. The Yellow Vests were protesting across the country but most of the press concerning them was from Paris. We spent a week in southern France where most of the police were sympathetic to the protestors. Outside Paris the Yellow Vests opened toll booth gates (no tolls today!) and...Read More
It felt like a mountain of supply sitting on stocks last week, growing more ponderous by the day. By Thursday the broad averages were too fatigued to achieve even minor 'Hidden Pivot' rally targets, the still-feisty FAANGs too subdued to help. Of course, just because the market looked punk on a given day does not preclude the possibility that, come the next, traders will conveniently forget what...Read More
If crude oil rises over $10 by month and floats over $72 (brent), then there will be renewed fears of global recession. Right now, I believe most of the global slowdown related news has been discounted in by the markets. The pace of rise of crude oil will determine recession or growth or slowdown. Energy prices ? inflation determination? Interest rate cycle. There are host of other factors which...Read More
Politicians, especially on the left are saying things that they could have never gotten away with 5 years ago. Cursing out your president on live tv was unheard of. In a way Trump has brought this on himself. Having very little ability to filter his speech, he lowered the bar for others. And now that the toothpaste is out of the tube, it will be impossible to put it back in. And this is making it...Read More
While touring the Middle East, including election-free Saudi Arabia, Secretary of State Mike Pompeo has called for the Venezuelan opposition and armed forces to overthrow the current government under its president Nicolas Maduro. According to Pompeo, a coup is necessary to "restore democracy" after elections failed to produce the desired US outcome.Dr. Ron Paul is a physician and former twelve-ter...Read More
A man who swore an oath of allegiance to Osama Bin Laden and met with the architects of the 9/11 attacks, Aimen Dean joined Sophie in studio to talk about his journey from Al-Qaeda operative to top MI6 spy.Read More
In January 2019, following the broadcast of a television documentary in which Watson repeated his views about race and genetics, the Cold Spring Harbor Laboratory revoked honorary titles that it had awarded to himContinue...Read More
Continue...Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at...Read More
Continue...Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the...Read More
Continue...Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More
Russia is planning to invest a massive amount of capital into Bitcoin to help displace the US dollar as a reserve currency in a bid to tackle US sanctionsContinue...Read More
I have previously written that all wars have been started by the Democrats with the single exception of the Iraq War under Dick Cheney and the Neocons. Now after Continue...Read More
Gold rose early on Monday as traders sought the safe haven yellow metal to protect themselves from falling equity prices and concerns about Continue...Read More
"The strategic rationale for combining Goldcorp with Newmont is powerfully compelling on many levels," Continue...Read More
Exports collapsed 7.6% from the previous year and imports also fell; the year-on-year drops were the biggest since the second half of 2016.Continue...Read More
Thetwo largest private producers of bullion bars and rounds in the U.S.have gone defunct over the past two years. Premiums for silver bars and roundsare already on the rise as markets adjust to the lack of supply.Atpresent, demand for these products is manageable. A surge in buying activity,however, could lead to serious difficulty finding low-premium products. Elemetalshut down most of its operat...Read More
Although the financial media conflates the two, there is a difference between a rally and a bull market. A rally implies a rebound after or a reprieve from weakness. A bull market is higher highs and higher lows for a period of at least a few years.Gold’s strength in the 2000s was not a rally, as many have deemed it, but a bull market. Gold’s rebound in 2016 was a rally. Nevermind the...Read More