Overnight, Heng Feng Bank was bailed out (in a more unusual way than Baoshang Bank and Bank of Jinzhou) were bringing the total number of Chinese bank bailouts to 3 in just the last 3 months!Bailout #3: Chinese Bank With $200 Billion In Assets Is Nationalized https://www.zerohedge.com/news/2019-0...Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contr...Read More
All markets go up. All markets go down. No market ever goes straight up unless it's the end of the world and in that case why would you give a shit?Continue...Read More
The UK economy shrank by 0.2% between April and June. It won't stop there. Germany is also in contraction.Continue...Read More
"Clearly, they are manipulating their currency from a trade point of view...They're going to, and we're going to take strong action against them."Continue...Read More
Ambulances covered in protective film transport six Russians who suffered severe radiation poisoning in mystery explosion during 'test of new hypersonic missile'Continue...Read More
We are not saying that gold and some gold stocks have notperformed well particularly after 2013-2014. Many gold stocks have put in outstandingperformances while many of the so called experts in the investment world missedthem. Note well that the major American brokerage industry willnot and has proven incapable of ever offering timely and accurate advice forgold and gold stocks. Generally speaki...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 350,55858,01349,905137,010461,335537,473569,253 Change from Prior Reporting Period 38,3441874,206-4,15432,20438,39636,597 Traders 23566765661312185 Small Speculators LongShortOpen Interest 62,84431,064600,317 -1,37742237,019 non reportable positionsChange...Read More
Steve St. Angelo, SRSrocco Report After six long years, the precious metals are finally setting up for BIG MOVES higher. Even though the gold price has increased significantly over the past two months, we haven't seen anything yet. Of course, gold has already enjoyed big moves in other currencies such as the British Pound where it has reached an all-time new high. However, we have to be a...Read More
The US stock markets are becoming more unstable, fueling mounting anxiety about what's likely coming. After surging to new all-time-record highs in late July, stocks plunged in a sharp pullback as the US-China trade war escalated. Stock markets' resiliency in the face of bearish news is partially determined by how companies are faring fundamentally. The big US stocks' just-reported Q2'19 r...Read More
David StockmanCall it the monetary theater of the absurd. After all, here is what a determined currency manipulator did between September 2002 and July 2008.To wit, it pumped about $200 billion of new dollar liabilities into the world financial system, thereby expanding the Fed's balance sheet by 26%. Clearly, global traders and US trading partners didn't welcome that flood of freshly minted...Read More
Gary TanashianHave you heard the news? US Treasury bonds are sky rocketing as it turns out there is no inflation amid a global central bank NIRP-a-thon and race to the currency bottom. Going the other way, our 30yr Treasury yield Continuum is burrowing southward.If you check out yesterday's post you'll see proof that the 2018 NFTRH view that people should tune out the bond experts instructin...Read More
Dr. Stephen Leeb & Chris Waltzek Ph.D. - August 7th, 2019. .Mp3 file. RecapBest selling author and show Mentor, Dr. Stephen Leeb returns with insights on the financial markets.Dr. Leeb is especially fond of the yellow metal, which recently touched a new 6-year record.The BIS changed its stance on gold, which it now views as compared to cash, boosting demand.Ironically, gold is the true cas...Read More
By: Ira EpsteinGold market is a bit excessive and overbought. It has broken out to the upside..Read More
Dear Friend of GATA and Gold:In a letter he titles "Too Early to Throw in the Towel on Central Bank Gold-Market Rigging," our friend J.U. writes"Great piece you wrote about precious metals breaking out to the upside (http://gata.org/node/19326) but I suspect it is way too early to think that central bank market riggers have thrown in the towel on suppressing them."What I see, despite all the exc...Read More
SD Friday Wrap: The cartel cut just the right wire at just the right time in order to avoid total catastrophe...Gold is looking very strong right now.Silver?You can feel it.Silver is performing very strong as well, even if silver's strength is not yet reflected in silver's current "price".Check out the break-out from major resistance on silver's weekly chart:That's the 200-week moving average, and...Read More
There are many reasons to be bullish for silver. Lior breaks them down, and he shares the silver price he'd sell his stack at...by Patrick V. via SBTV with Lior GantzReturning SBTV guest, Lior Gantz, shares with us the many reasons to buy silver. Silver is the only commodity (amongst top 30 commodities in the world) that is far below its all time highs.Discussed in this interview:06:05 Investment...Read More
With gold & silver spiking and reports of massive demand, let's see if demand is overwhelming supply at the COMEX & SLV...by Chris Marcus via Arcadia Economics with Harvey OrganWith gold and silver spiking, amid reports of massive amounts of demand into SLV and the other silver ETF's, Harvey Organ was kind enough to join me on the show to share what he's seeing inside the COMEX.Harvey talks about...Read More
Stuller Inc., the giant, Lafayette, Louisiana-headquartered merchandise and services supplier for jewelry professionals worldwide, announced it has appointed two new vice presidents. Brian Henderson joins Stuller as the new vice president of marketing and Alix Gonsoulin has been promoted to vice president of bridal, fine jewelry, and findings. Henderson, who relocated to Lafayette, has worked for...Read More
Shifting relationship dynamics, changing perceptions of femininity and the fast adoption of e-commerce channels are paving the way for increased diamond jewelry consumption in China, according to Mabel Wong McCormick, managing director of Diamond Producers Association (DPA) in China. "Expanded symbolism for diamond jewelry indicating a wider range of 'moments' in life will give rise to m...Read More
Content: At Vicenzaoro September 2019, the topic of its "VISIO.NEXT" program will be "Spreading Sustainability." The program introduces show visitors to the topic and "culture of sustainability, communicating the importance and looking at the best and most effective practices for embarking on an entrepreneurial course heading in this direction." Among the topics covered will be the problem...Read More