Full description and comments at: https://www.peakprosperity.com/podcas...Collectively, the world's major central banks have pumped $1.1 trillion into the markets over the past year.The result of all this money printing is now well known: massively inflated real estate, stock and bond asset price bubbles, as well as extraordinary wealth and income gaps across society.Some day all of this insanity...Read More
Link to Slides and Sources: https://www.itmtrading.com/blog/tech-...The surge in insider selling is picking up steam with the current buy/sell ratio now at the highest level of the year. This could indicate a market on the brink of a major market breakdown! With global central banks now moving toward tightening (raising rates and buying fewer bonds), who will ride to the markets rescue?Tech giants...Read More
The comments below are an edited and abridged synopsis of an article by Tyler DurdenThere was a brief respite for Chinese stocks last week that quickly disappeared, and it leaked into US stock markets too. The Dow has had its longest losing streak since 1978. It's down over 1% year-to-date, while the Nasdaq is up almost 12%. This is the worst year-to-date divergence between Dow/Nasdaq since 2009.I...Read More
The comments below are an edited and abridged synopsis of an article by Christoph GrizzardAlong with countries like Brazil and South Africa, Russia and China are seeking to sidestep the US dollar wherever possible.In addition, Russia and China have been stockpiling gold, and the yuan has gained a place in the IMF's SDR basket, alongside the dollar, the yen, the euro and the pound.America is no lon...Read More
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
The comments below are an edited and abridged synopsis of an article by GoldCoreRussia dumped Treasuries in April and bought another 600,000 ounces of gold to add to its already sizeable gold reserves.And it's not only Russia; India, Turkey, Mexico, Iran, Kyrgyzstan, Kazakhstan, Belarus, Uzbekistan, Tajikistan, Mongolia and China have been increasing their gold reserves.The deterioration of the US...Read More
The comments below are an edited and abridged synopsis of an article by Wolfgang RattayAfter the lengthy bear market, gold could pick up its bullish momentum again, according to VanEck International Investors Gold Fund manager Joe Foster.The prospects for beaten-down gold stocks are starting to look promising, he said, citing geopolitical risk, uncertainty around the Trump presidency and potential...Read More
"Approximately two weeks ago, it was reported to me by a staff member who came in early that they observed all three SWP [State Warning Point] staff on shift asleepContinue...Read More
China's domestic rebar prices continued to decline on Wednesday June 27 on weak futures and thin trading. Domestic Eastern China (Shanghai): 3,950-3,990 yuan ($601-607) per tonne, down 10 yuan per tonne Northern China (Beijing): 3,840-3,880 yuan per tonne, down 10-20 yuan per tonne Rebar futures dropped soon after the benchmark contract opened at a high 3,705 yuan per tonne, resulting in most part...Read More
"Supreme Court rules in favor of non-union workers who are now, as an example, able to support a candidate of his or her choice without having those who control the Union"Continue...Read More
The global central bank counterfeiting spree that began in 2008, which took balance sheets from $3t to $15t, has finally created the inflation that has been so Continue...Read More
You're probably thinking that that's a paradox. If job openings are greater than the total unemployed for the first time since 2000 (when job openings were first measured), Continue...Read More
"I have ever understood why it is greed to want to keep the money you have earned, but not greed to want to take somebody else's money." - Thomas SowellMichael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment education companies. He is...Read More
"Please permit me by this letter to express my profound gratitude for having had the privilege to seek in each case how best to know, interpret and defend the Constitution and Continue...Read More
"This is not an end, this is the beginning. This is the beginning because the message that we sent the world tonight is that it's not OK to put donors before your Continue...Read More
"We will have the necessary tools to protect investments, whether it's China or anybody else...We are not singling out China, but we will protect technology Continue...Read More
Technical analyst Clive Maund examines the Chinese stock market and the example it may be setting for the U.S. market. If there were any doubts that the Chinese stock market had entered a bear market, these were dispelled by the breach of key support at 3000 and plunge last week, which we can see to advantage on the 6-month chart for the Shanghai Composite index shown below. A tentative downtrend...Read More
The Critical Investor delves into the first new copper project fully permitted in Arizona in a decade.Johnson Camp MineDespite copper and other base metals being punished these days, and mining sentiment not at its best with China being drawn into a potential trade war with the U.S., Excelsior Mining Corp. (MIN:TSX; EXMGF:OTCQB) proved a lot of nay-sayers wrong on June 25, 2018. The company was gr...Read More
Bob Moriarty of 321 Gold discusses the theory that there is a relationship between the full moon and the price of gold. For several months I have been beating the drum saying that there would be a tradable low for the precious metals in the June/July timeframe. The way to be fairly certain would be using the Commitment of Traders report and Daily Sentiment Indicator to mark an extreme of sentimen...Read More
China's crude stainless steel capacity is expected to increase by 7.5 million tonnes per year to 44-45 million tpy by 2020, although there is some pessimism about mills' utilization rates, according to Zhang Zhifang, chairman of Chinese producer Taiyuan Iron & Steel. Production capacity of cold-rolled stainless steel in particular will increase in the short term, Zhang pointed out during his prese...Read More