By PlungerUsing Charles Dow's well known method of reading the stock market's movements , on Friday December 14th 2018 , the averages confirmed a bearish indication and can now be classified to be in a bear market. This action Friday is the first occurrence of a valid bear market signal in 11 years. Together the Dow Industrials and Transportation averages triggered a bear market signal followi...Read More
By Larry LaBorde I have invested in palladium from time to time in the past. I just dabbled a bit here and there but the market now just seems crazy. In case you haven't been watching lately palladium has exceeded the price of gold! Palladium (Pd) is a by product of nickel, copper and zinc refining usually. It is mainly used for catalytic converters. It is sometimes alloyed with gold t...Read More
Gold is not only flowing from West to East.It is also flowing into the house account at Goldman Sachs. Or at least the paper claims for it in New York.Below is the monthly report showing the large amounts of physical gold which have been steadily flowing through the Shanghai markets into strong hands in China.Few commentators are talking about this.What is less familiar, and what I have not read...Read More
Part 1 (parts 2, 3 and 4 below)Part 2Part 3Part 4Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named "Money Manager of the Year" by Institutional Investor. He is a graduat...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
Another week has gone by where we have seen a tremendous amount of activity around the world: the French, Belgians, and Dutch are engaged in protests labeled "yellow Continue...Read More
Historically, Hitler used a very famous event that was the origin of the term "False flag" back in 1933 to reinforce his power. The German False flag used by Hitler Continue...Read More
Now it's the hedge funds. They were prime beneficiaries of an re-inflationary Fed. Their access to a near endless source of virtually interest free funds has made their business model a near certain winner. Now with interest rates on the rise, hedge funds are closing up shop all over. And what about those interest rates? Looks like December will either be the last rate hike or perhaps it won't hap...Read More
Click here for the complete transcript: http://financialrepressionauthority.c...Yra Harris is a trader with over 32 years of experience in all areas of commodity trading, with broad expertise in cash currency markets. He has a proven track record of successful trading through combination of technical work and fundamental analysis of global trends; historically based analysis on global hot money fl...Read More
Fed decides on Fed Funds Rate Change on Wednesday...any decision is the WRONG decision and will soon be exposed as such! Will Trump use the Fed as the scapegoat for market destruction? Very Likely!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...Read More
Josh Shapiro is an American politician and the 50th and current Attorney General of Pennsylvania. A member of the Democratic Party, he previously served in Continue...Read More
Last week something historic happened in the US Senate. For the first time in 45 years, a chamber of the US Congress voted to pull US forces from a military conflict under the 1973 War Powers Act.While there is plenty to criticize in the War Powers Act, in this situation it was an important tool used by a broad Senate coalition to require President Trump to end US participation in the Saudi war ag...Read More
Money manager Adrian Day explains why he believes this stock should be sold now. Sell Nevsun Resources Ltd. (NSU, NY, US$4.46-4.47) with a limit of US$4.50.Zijin announced earlier in the month that it had received its third and final approval from Chinese authorities to proceed with its friendly takeover of Nevsun. There is little chance the takeover will not proceed. We are now going to sell Nev...Read More
A BMO Capital Markets note highlighted potential upside for investment in this Australian company. In a Dec. 7 research note, analyst Andrew Kaip reported that BMO Capital Markets initiated coverage on AngloGold Ashanti Ltd. (AU:NYSE; ANG:JSE; AGG:ASX; AGD:LSE) with a Market Perform rating and an $11 per share target price. "We like the improving outlook," he added. Over the past four months, the...Read More
A Canaccord Genuity report discussed the agreement implications specifically and broadly. In a Dec. 14 research note, analyst Carey MacRury reported that Canaccord Genuity increased its target price on Wheaton Precious Metals Corp. (WPM:TSX; WPM:NYSE) to CA$41 per share from CA$38.50 (current share price is about CA$25.54). This change was made to reflect the company's just-announced tax settleme...Read More
CloseGain/LossGold $1246.30+$8.00Silver$14.67+$0.09XAU69.19+2.37%HUI156.72+2.66%GDM570.75+1.84%JSE Gold1302.25+3.60USD97.14-0.32Euro113.47+0.42Yen88.54+0.31Oil$49.88-$1.3210-Year2.858%-0.035T-Bond143.75+0.46875Dow23592.98-2.11%Nasdaq6753.73-2.27%S&P2545.94-2.08% The Metals: Gold saw slight losses in Asia, but it then climbed steadily higher in London and New York and ende...Read More
Perception of gold as an investment is fundamentally flawed. No matter the detail behind the analysis, gold is not an investment. investment…a thing that is worth buying because it may be profitable or useful in the future.Lets suppose you are at the grocery store and you see that butter is on sale for $2.00 per pound. Normally you pay $3.00 per pound or more.Since...Read More
Newmont Mining (NEM) is a gold stock with plenty of institutional interest. This means due to its huge following it is a good candidate for Gann Angles.Gold and gold stocks are waiting for the FED and other central banks to swing to dovish monetary policy, Powell hinted this in last speech, and next week the FED is expected to hike 0.25% to 2.5%, however the 3 previously planned hikes in 2019 look...Read More
CloseGain/LossGold $1246.30+$8.00Silver$14.67+$0.09XAU69.19+2.37%HUI156.72+2.66%GDM570.75+1.84%JSE Gold1302.25+3.60USD97.14-0.32Euro113.47+0.42Yen88.54+0.31Oil$49.88-$1.3210-Year2.858%-0.035T-Bond143.75+0.46875Dow23592.98-2.11%Nasdaq6753.73-2.27%S&P2545.94-2.08% The Metals: Gold saw slight losses in Asia, but it then climbed steadily higher in London and New York and ende...Read More
CloseGain/LossGold $1246.30+$8.00Silver$14.67+$0.09XAU69.19+2.37%HUI156.72+2.66%GDM570.75+1.84%JSE Gold1302.25+3.60USD97.14-0.32Euro113.47+0.42Yen88.54+0.31Oil$49.88-$1.3210-Year2.858%-0.035T-Bond143.75+0.46875Dow23592.98-2.11%Nasdaq6753.73-2.27%S&P2545.94-2.08% The Metals: Gold saw slight losses in Asia, but it then climbed steadily higher in London and New York and ende...Read More