Expect MUCH lower prices ahead By Adam TaggartAs we've been tracking here at PeakProsperity.com, the housing market is starting to look quite ill.After the central bank-driven Grand Reflation following the Great Financial Crisis, home prices are now beginning to nose over from their new bubble-highs.Has the Housing Bust 2.0 begun? If so, how bad could things get? And what steps should those lo...Read More
By Frank HolmesFootball is as much a part of Thanksgiving as turkey and family are, and nearly as old as the holiday itself. It was President Abraham Lincoln who proclaimed Thanksgiving a national holiday in 1863, saying that he hoped all Americans would carve out some time to bless the "widows, orphans, mourners or sufferers in the lamentable civil strife in which we are unavoidably engaged."In...Read More
AAPL has trampolined $4, or 2.4%, after bottoming an inch from the 170.78 'Hidden Pivot' target I've been drum-rolling here for the last week. The stock was trading near $190 at the time the target was first broached. Friday's low got close, hitting 171.85. But even when the stock opened higher on Monday, touching 175, I repeated a warning that AAPL would still have to fall to 170.78 before it...Read More
by John Mauldin via Forbes.comA Worldwide Debt Default Is A Real PossibilityIs debt good or bad? The answer is "Yes."Debt is future spending pulled forward in time. It lets you buy something now for which you otherwise don't have cash yet.Whether it's wise or not depends on what you buy. Debt to educate yourself so you can get a better job may be a good idea. Borrowing money to finance your vac...Read More
Most investors are cautious. Nothing is rising, be it stocks, commodities or bonds. Sitting on cash is the favorite pastime of traders and investors. There will be short term certain direction after the G20 meeting and US November nonfarm payrolls on 7th December. It is just keeping a hawk eye and making the right investment. Do invest with the herd. Herd trading can result in more losses than p...Read More
Mohamed discusses the possibility of the Fed raising hikes, the state of the U.S. economy and how U.S.-China trade tensions could end.Part 1 (part 2 below)Mohamed discusses the market volatility and what it means for the Fed's possibility of raising rates.Part 2Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief I...Read More
Link to Slides and Sources: https://www.itmtrading.com/blog/reces...Question 1. Richard M: In terms of inflation, what are the positive differences if only one currency existed instead of all?Question 2. Stephanos R: All I hear and about is that the bond yield will invert and when it does a recession is looming. Can this be manipulated and how?Question 3. Bobby B: In your opinion, in a monetary re...Read More
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 equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
Part 1 (parts 2 & 3 below)Part 2Part 3Peter Schiff is an internationally recognized ecoanomist specializing in the foreign equity, currency and gold markets. Mr. 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 Y...Read More
Max interviews Egon von Greyerz of GoldSwitzerland.com about the Swiss National Bank dumping their Apple shares but maintaining their reckless euro position. They also discuss gold and where it is heading... literally.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Res...Read More
The words "him" and "her" are now too offensive to say, according to Google's executives. Continue...Read More
The argument over whether we're in for global warming or global cooling and whether what's coming is natural or human-made is fun but totally irrelevant Continue...Read More
What I have found totally shocking is that the British government under Prime Minister Theresa May is this need to surrender all rights just to remain in the customs union. Continue...Read More
George Soros's Open Society Foundation is ceasing operations in Turkey after Ankara linked the billionaire to anti-government protests staged in 2013. READ MORE: https://on.rt.com/9ja1Continue...Read More
Sector expert Peter Epstein interviews this company's CEO, who explains why its newest acquisition adds to its competitive edge and provides an update on other projects in its portfolio. Gold and silver barsThis interview with Brett Heath, CEO of Metalla Royalty & Streaming Ltd. (MTA:TSX.V; EXCFF:OTCQB), took place by phone and email over the past 10 days. Brett and his expert team have achieved...Read More
CloseGain/LossGold $1215.00-$7.50Silver$14.14-$0.11XAU63.55-1.82%HUI143.71-1.99%GDM526.50-1.91%JSE Gold1105.78-21.46USD97.36+0.31Euro112.95-0.39Yen88.02-0.12Oil$51.56-$0.0710-Year3.053%-0.014T-Bond139.90625+0.125Dow24748.73+0.44%Nasdaq7082.70+0.01%S&P2682.20+0.33% The Metals: Gold edged up to $1225.20 by a little after 8AM EST before it fell back to $1212.00 in early afte...Read More
The new Alchemist is out. What can we learn from the latest publication of the LBMA? We invite you to read our today’s article and find out!Banque de France and GoldThe latest edition of LBMA’s Alchemist focuses on the role of central banks in the gold market. Sylvie Goulard, Deputy Governor of Banque de France, wrote the first article, entitled Banque de France and Gold: Past and Futu...Read More
Sector expert Michael Ballanger muses on lessons learned and profits to be gained in silver trades. "Even a broken clock is right twice a day." ― Stephen Hunt, The Court of the AirThere are times when every investor has to look long and deep into a mirror and determine whether a well-thought-out strategy is actionable or whether it is simply an ad hoc "hunch," barely worth chasing. With rega...Read More
ClintSiegner : Itis hard to cheer for the Department of Justice these days, but federalprosecutions have begun to offer hope for precious metals investors hurt byrigged markets and crooked traders.TheDOJ looks poised to do what regulators at the CFTC have not. They will useevidence of blatant cheating and fraud to hold a few bankers accountable. Lastweek, DOJ officials asked the judge in a civil s...Read More
Opportunitieslike this are rare. I study markets for a living and I see one setup like it ayear, at the most. But will you listen to me? Will you buy the stock Irecommend in this article?I hope so… because there’s a realistic shot to makeroughly 140% in just a few months.But there’s a catch. You’ll have to buy the single most hated asset class on the planet today. The Asse...Read More