Watch the live Monday, July 29 edition of The Alex Jones Show, from 11am-3pm CT as he breaks down his warning to President Trump about the ongoing censorship of conservatives!Read More
For years, New York State has lagged behind its progressive-minded peers in the area of marijuana prohibition. As states like California, Massachusetts, Vermont and even Continue...Read More
The Federal Reserve is expected to cut rates for the first time since 2008 at this week's meeting but is likely to pause the rate cut cycle after that, this according to Peter Boockvar, CIO of Bleakley Advisory Group."It's usually not just one cut, it's usually the beginning of a rate cutting cycle, and they're hoping for more, but I don't think the Fed is initially going to give the market any ti...Read More
For some unexplained reason, investors naively believe that in a country where, by now everyone knows that all the official government data is fake and manipulated andContinue...Read More
"We have been clear in our assessments of Russian meddling in the 2016 election and their ongoing, pervasive efforts to undermine our democracy, and we will continue to provideContinue...Read More
"The E.U. and China will further lower interest rates and pump money into their systems, making it much easier for their manufacturers to sell product. In the meantime, and with very low"Continue...Read More
The Critical Investor looks beyond the headlines to analyze the factors behind the company's sale of its JV share to its partner. Puna Operation, Chinchillas MineGolden Arrow Resources Corp. (GRG:TSX.V; GARWF:OTCQB; G6A:FSE) surprised the markets with its sale of its 25% interest in Puna Operations to majority JV partner SSR Mining Inc. (SSRM:NASDAQ), right at a time where precious metals seemed...Read More
Sector expert Michael Ballanger muses on how the baby boom generation has impacted markets through time, and discusses how he will play the current precious metals bull."Destroyers seize gold and leave to its owners a counterfeit pile of paper." —Ayn RandThe baby-boom generation, of which I am a less-than-proud member, blew it.There was a time long, long ago when the mention of the words "ba...Read More
Bob Moriarty of 321Gold profiles a precious metals ETF that has "absolutely obliterated its main competition." The U.S. Global GO GOLD and Precious Metal Miners ETF (NYSE: GOAU) just had its two-year anniversary at the end of June, and since inception, the fund has absolutely obliterated its main competition.GOAU delivered a remarkable 41% since inception through July 24, crushing the hu...Read More
Everyone is discussing recession right now. But howmuch do they actually chatter about it? Does this talk reflect or changepeople’s perception? And the key question is: can the world-related indices predict the recession? Are theyuseful for the precious metals investors?It turns out that yes! At least to some extent.Let’s start with the R-word index createdby The Economist. Itcounts ho...Read More
- Clint SiegnerFirst, a bank's commodities trading department takes metals investors for a ride like unwitting victims in the back of Jeffrey Epstein's "Lolita Express."Now federal prosecutors have extended the same sort of cozy non-prosecution agreement to shield the bank itself from a criminal indictment.Federal prosecutors signed a non-prosecution agreement in June with Merrill Lynch Comm...Read More
StrengthsThe best performing metal this week was platinum, up 2.24 percent on hedge funds cutting short positions and flipped the futures composite to a net long. Gold traders and analysts in the weekly Bloomberg survey are split between a bullish and a neutral outlook on the yellow metal ahead of the Fed's meeting next week. Gold gained on Thursday after the European Central Bank (ECB) signaled...Read More
Keith Weiner, Monetary MetalsWe have spilled many electrons on the topic of capital consumption. Still, this is a very abstract topic and we think many people still struggle to picture what it means. Thus, the inspiration for this week's essay.Enterprise Car ServiceSuppose a young man, Early Enterprise, inherits a car from his grandfather. Early decides to drive for Uber to earn a living. Being...Read More
By: Gary Savagehttp://blog.smartmoneytrackerpremium.com/Read More
For silver to enter into a new bull market, certain signs and indicators on the charts need to take place. Steve St. Angelo explains...by Steve St Angelo of SRSrocco ReportAfter waiting for seven years since the silver price traded above $30, precious metals investors are wondering if 2019 will be the year that shiny metal finally enters into a new bull market. However, for silver to enter into...Read More
RAPAPORT... Robyn Hawk, who authored a number of blogs on the jewelryindustry, passed away on July 16 at the age of 63 following a stroke. Dubbing herself a "serial blogger," Hawk, who graduated fromthe Gemological Institute of America (GIA) in 2009 with a degree in gemology,diamonds, colored stones and pearls, wrote for the Tucson Gem Show and postedarticles on the jewelry industry in...Read More
RAPAPORT... The war on conflict diamonds will remain at a standstilluntil the industry can agree on what constitutes systemic violence, accordingto World Federation of Diamond Bourses (WFDB) president Ernie Blom. The lack of agreement on the matter is preventing Africanproducing nations from accepting a broadened definition of conflict stones, asthey fear it might fuel unfair treatment agains...Read More
RAPAPORT... Alex and Ani has filed a $1.1 billion lawsuit against Bankof America, claiming its gender bias and greed have driven the jewelry company toward bankruptcy. Last year, the bank declared the company had defaulted on its revolvingloan, even though it was meeting all the terms of its line-of-credit agreement,Alex and Ani alleged in the suit, filed in a New York district court July 25....Read More
RAPAPORT... The Dubai Diamond Exchange (DDE) will soon unveil its renovated center for rough and polished diamond tenders, the bourse reported Saturday."The DDE is currently under renovation," the exchange said. "Once complete, it will be one of the biggest tender floors in the world with 40 tables, fully secured with cameras and specialist lighting for buyers to examine diamonds and precious...Read More
RAPAPORT... Firestone Diamonds saw a decline in sales during its fiscal fourth quarter due to a drop in demand for small, lower-value diamonds that make up the bulk of its supply.The company reported sales of $12.7 million for the three months that ended June 30, representing a decline of 32% from the previous year. Sales for the fiscal year fell 9% to $56.9 million, according to Rapaport rec...Read More