Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries. Read More

TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comTwitter: @Davcha12"If you owe ten pounds to the Bank of England, you get thrown in jail, but if you owe a million pounds, they invite you to sit on the Board" Phillipe Reis, author, Asian Storm: The Economic Crisis Examined "Today, the rich are the haves and the poor are the have-nots. Tomorrow...Read More

A couple of decades ago, when the post-war baby boom generation was in its prime earning and tax-paying years, governments had a chance to guarantee the survival of their financial systems. But they blew it. Instead of controlling spending, running surpluses and banking the proceeds against the inevitable retirement of millions of boomers, most chose other priorities, whether military, social or...Read More

By John MauldinMessy PoliticsFatal FlawsParallel CurrencyMarket FireworksThe Mutualization of European DebtStaying Close to HomeTrain wrecks and their financial analogues are a worldwide phenomenon. Europe, as I have written for several years, remains a giant accident waiting to happen as Italy reminded us last week. You may have noticed the results when US trading resumed Tuesday. A wider crash...Read More

By RambusThere are some big H&S bottoms on several of the US stock market indexes that I have maybe only shown you once around the time the necklines were broken. When I first discovered them I wasn't sure they would play out so I just kept them on the back burner to see what would happen.I've mentioned recently how important it is to have a game plan to follow so you know that when the charts...Read More

By Michael J. KosaresEditor's Note: As we move into the annual summer market slowdown, we thought a departure from our usual rendering of charts, tables and numbers would be a refreshing change. "Mphm!" is the result."It is related of the illustrious Sandy McHoots that when, on the occasion of winning the British Open Championship, he was interviewed by reporters from the leading daily papers as...Read More

TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comTwitter: @Davcha12"If you owe ten pounds to the Bank of England, you get thrown in jail, but if you owe a million pounds, they invite you to sit on the Board" Phillipe Reis, author, Asian Storm: The Economic Crisis Examined "Today, the rich are the haves and the poor are the have-nots. Tomorrow...Read More

While researching the current state of the gold market for an upcoming presentation, Mike Maloney came across some fascinating data - the 'Registered' gold stored in COMEX vaults has practically vanished. Mike's new presentation will be available in the coming weeks, stay tuned for details. Read More

A couple of decades ago, when the post-war baby boom generation was in its prime earning and tax-paying years, governments had a chance to guarantee the survival of their financial systems. But they blew it. Instead of controlling spending, running surpluses and banking the proceeds against the inevitable retirement of millions of boomers, most chose other priorities, whether military, social or...Read More

With silver-stock sentiment remaining excessively bearish, this sector is primed to soar as silver itself resumes mean reverting higher. Here's why...by Adam Hamilton of Zeal LLCSilver Miners' Q1'18 FundamentalsThe major silver miners' stocks remain deeply out of favor, languishing near multi-year lows. Of course that reflects investors' lack of interest in silver itself. It has greatly lagged...Read More

By John MauldinMessy PoliticsFatal FlawsParallel CurrencyMarket FireworksThe Mutualization of European DebtStaying Close to HomeTrain wrecks and their financial analogues are a worldwide phenomenon. Europe, as I have written for several years, remains a giant accident waiting to happen as Italy reminded us last week. You may have noticed the results when US trading resumed Tuesday. A wider crash...Read More

Many people think 'globalization' is a new phenomena, but it's roots trace back to the 16th Century, and it has much to do about silver. Here's more...Half Dollar's Notes: This is an excerpt from a series on the history of the silver trade in China. This chapter, as well as four others, are posted on the South China Morning Post and can be found using this link. It is well worth it for some great...Read More

By RambusThere are some big H&S bottoms on several of the US stock market indexes that I have maybe only shown you once around the time the necklines were broken. When I first discovered them I wasn't sure they would play out so I just kept them on the back burner to see what would happen.I've mentioned recently how important it is to have a game plan to follow so you know that when the charts...Read More

RAPAPORT... Sales of jewelry and other expensive items in greater China grew in April amid stronger consumer sentiment and increased tourism to Hong Kong,according to government sources. In China, retail sales of gold, silver and jewelry rose 6%year on year to $3.16 billion (CNY 20.3 billion) for the month, the NationalBureau of Statistics of China reported recently. Meanwhile, Hong Kong recorde...Read More

By Michael J. KosaresEditor's Note: As we move into the annual summer market slowdown, we thought a departure from our usual rendering of charts, tables and numbers would be a refreshing change. "Mphm!" is the result."It is related of the illustrious Sandy McHoots that when, on the occasion of winning the British Open Championship, he was interviewed by reporters from the leading daily papers as...Read More

(IDEX Online) - Mountain Province Diamonds Inc. recovered a 95-carat diamond from the Gahcho Ku?(C) mine located in the Northwest Territories, Canada.   It is the largest gem quality stone and the fourth-largest stone recovered from the mine since production commenced just under two years ago.   The diamond was included in the fancies and specials parcel acquired by Mountain Province in...Read More

RAPAPORT... De Beers' entry into the lab-grown market represents a shift inconsumers' perception of synthetic stones, according to Diamond Foundry. The miner's introduction of a new line of lab-grown stones forjewelry is key for the acceptance of synthetics in the industry, theCalifornia-based producer said. The lack of any large diamond miner's support forlab-grown stones had caused conflict and...Read More

While researching the current state of the gold market for an upcoming presentation, Mike Maloney came across some fascinating data - the 'Registered' gold stored in COMEX vaults has practically vanished. Mike's new presentation will be available in the coming weeks, stay tuned for details. Read More

(IDEX Online) - The executive director of the World Diamond Council (WDC), Marie-Chantal Kaninda, has addressed U.S. State Department officials and civil society members on the topic of responsible diamond sourcing and the Kimberley Process.   It was the first time that the WDC presented to the U.S. State Department and supports the WDC's strategy to raise awareness for, and encourage partic...Read More

RAPAPORT... Alrosa saw revenue of $14.5 million from a sale of 112special-size diamonds in Israel, it said Thursday. The miner achieved an average price of $7,950 per carat fromthe auction of 1,824 carats of gem-quality stones weighing at least 10.8carats each, it reported. Buyers from Israel, Belgium, India, the US andthe United Arab Emirates participated in the auction. "We saw traditionally hi...Read More