Municipal bonds might not be the first thing that comes to mind when you think of a sexy investment. They don't typically command news headlines like the stock market or bitcoin.That doesn't mean investors should disregard short-term munis. In fact, munis play a very important role in any serious portfolio. Below are four big reasons why you should get excited about muni bonds.Tax-free income!As y...Read More
The financial media is awash with claims that Gary Cohn's resignation as Chief Economic Advisor is triggering a market collapse.While it's true that a market collapse is starting again, it has nothing to do with Gary Cohn.How do I know?Because Gary Cohn first wrote an resignation letter back in August 2017 in the wake of the Charlottesville mess... and stocks exploded higher beginning one of their...Read More
– Gold no longer fears or pays attention to Fed announcements regarding interest rates– Renewed interest in gold due to inflation fears and concern Fed won’t do enough to control it– Higher interest rates on horizon will make debt levels unsustainable– New Fed Chair warns “the US is not on a sustainable fiscal path” and could lead to an “unsustainabl...Read More
CloseGain/LossGold $1325.20-$8.50Silver$16.48-$0.26XAU78.79-2.48%HUI173.41-2.50%GDM605.87-1.64%JSE Gold1138.24-1.85USD89.58-0.04Euro124.13+0.03Yen94.35+0.09Oil$61.15-$1.4510-Year2.882%-0.002T-Bond144.125-0.28125Dow24801.36-0.33%Nasdaq7396.65+0.33%S&P2726.80-0.05% The Metals: Gold fell $10.90 to $1322.80 in early afternoon New York trade before it edged back higher into the close, but it st...Read More
We've been warning about the future moves in the metals markets for a week to our members and readers. Our most recent work showed the metals needed to decline a bit before any new advancement leg could properly setup. Just recently, we profited from the Gold and Silver pulled back taking advantage of our downward predicting, which should setup a strong leg higher which is starting to unfold n...Read More
Prices for rebar produced and delivered in Southern Europe narrowed upward by ?,?15 ($19) per tonne this week amid higher scrap costs and milder weather conditions across the continent, sources told Metal Bulletin."All of the mills in Spain are pushing up their prices. Raw materials [costs] are up and I believe that scrap [prices] will bounce again. I think the market will keep rising," one Southe...Read More
The financial media is awash with claims that Gary Cohn's resignation as Chief Economic Advisor is triggering a market collapse.While it's true that a market collapse is starting again, it has nothing to do with Gary Cohn.How do I know?Because Gary Cohn first wrote a resignation letter back in August 2017 in the wake of the Charlottesville mess... and stocks exploded higher beginning one of their...Read More
By Graham Summers The financial media is awash with claims that Gary Cohn's resignation as Chief Economic Advisor is triggering a market collapse. While it's true that a market collapse is starting again, it has nothing to do with Gary Cohn. How do I know? Because Gary Cohn first wrote a resignation letter back in August 2017 in the wake of the Charlottesville mess... and stocks exploded hig...Read More
Full Article: The warning shots of 2007By: The Speculative InvestorFor a market analyst there is an irresistible temptation to seek out one or more historical parallels to the current situation. The idea is that clues about what's going to happen in the future can be found by looking at what happened following similar price action in the past. Sometimes this method works, sometimes it doesn't.Ass...Read More
It’sbeen only a couple of days since Thursday, when we closed our short positionsand we have already seen a sizable rally in gold and silver. In fact,yesterday’s upswing was so significant that both precious metals already movedto the target areas that we featured onMonday,even though they were “scheduled” to move there at the end of the week. Is thetop already in? Silver&r...Read More
Andrew ("Andy") Hoffman owns a subscription-based website, CryptoGoldCentral.com, which offers readers Andy's daily thoughts on cryptocurrencies and precious metal markets. For a decade, he was a US-based buy-side and sell-side analyst, most notably as an II-ranked oil service analyst at Salomon Smith Barney from 1999 through 2005. Since 2002, his focus has been entirely on precious metals, and fr...Read More
"Passivity is fatal to us. Our goal is to make the enemy passive. ... Communism is not love. Communism is a hammer which we use to crush the enemy." Mao Tse-tung, proclaiming the founding of the People's Republic of China, 1949Circumstantial evidence is mounting high that there is something seriously wrong with the amount of gold reportedly owned by the United States government, or more precisely,...Read More
The financial media is awash with claims that Gary Cohn's resignation as Chief Economic Advisor is triggering a market collapse.While it's true that a market collapse is starting again, it has nothing to do with Gary Cohn.How do I know?Because Gary Cohn first wrote an resignation letter back in August 2017 in the wake of the Charlottesville mess... and stocks exploded higher beginning one of their...Read More
Turkish steel mills have booked more deep-sea scrap for April, with prices rising slightly on strong demand for rebar and billet in the domestic market, sources told Metal Bulletin on Wednesday March 7."Steel mills have already sold a number of billet cargoes to the domestic market at around $585-590 per tonne ex-works," a Turkish source said."Rebar demand in the domestic market is also strong, [s...Read More
By Jordan Roy-Byrne CMT, MFTA The precious metals sector continues to correct and consolidate. Gold remains in a bullish consolidation. It recently reached resistance again and even though it has failed to breakout, it remains above long-term moving averages which are sloping upward. However, the gold stocks and Silver remain in correction mode. They are trading below the long-term moving avera...Read More
The percentage of household assets invested in stocks fell from almost 40% in 1969 to a mere 13% in 1982, after thirteen years of grinding losses.Continue...Read More
- Gold no longer fears or pays attention to Fed announcements regarding interest rates- Renewed interest in gold due to inflation fears and concern Fed won't do enough to control it- Higher interest rates on horizon will make debt levels unsustainable- New Fed Chair warns "the US is not on a sustainable fiscal path" and could lead to an "unsustainable" debt load- Higher interest rates are good for...Read More
“Passivityis fatal to us. Our goal is to make the enemy passive. … Communism is not &nb...Read More
With his announcement last week of broad tariffs on imported steel and aluminum, President Trump launched what could be the first salvo of an all-out global trade war. Seemingly itching for a fight, he gleefully tweeted that "Trade wars are good, and easy to win." It seems like Trump thinks the conflict will play out much like Ronald Reagan's 1983 week-long invasion of Grenada rather than the mo...Read More
"There are potential carve-outs for Mexico and Canada based on national security, and possibly other countries as well based on that process." Continue...Read More