Why we may soon see prices of $1,500-1,600/oz. Fresh from releasing his exhaustive 340-page annual report titled In Gold We Trust, Ronald Stoerferle joins us to summarize his forecast for the yellow metal.Stoerferle, an author of several books on Austrian economics and head of strategy and portfolio management at Incrementum AG, concludes that gold is poised to move explosively higher. He sees a n...Read More
Links to slides and sources: https://www.itmtrading.com/blog/bonds...Question 1. Hal M: Will we ever reach a point where inflation of the cost of living will outpace any gains that you could possibly make in the stock market?Question 2. Stephen F: Can currency continue to be printed without the sale of Bonds or is it necessary for the National Debt to keep on increasing so that currency can be cre...Read More
For Part 1 of this interview, CLICK HEREAs we outlined in our silver supply/demand crunch article, the silver market has entered a structural imbalance. It is not temporary. Global supply is locked into a decline, leaving the industry ill-equipped to respond meaningfully to any spike in demand of physical metal for the foreseeable future....The Only Way Out: Higher silver prices. That's it. And no...Read More
Libra is a cryptocurrency created by American social media conglomerate Facebook. Continue...Read More
Legendary hedge fund investor Jim Rogers recalls trying to buy ice cream in China, but getting denied because he didn't have his phone. He says it's time for Americans to face reality when it comes to China and their technology.Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
The current front-runner for the party of Marx has decided that reducing taxes for working-class Americans is simply not acceptable.Continue...Read More
"Next week ICE will begin the process of removing the millions of illegal aliens who have illicitly found their way into the United States. They will be removed as fast as they come Continue...Read More
"Unlike last year, the Fed is on hold, interest rates are lower and oil prices are weaker, all combining forContinue...Read More
With the precious metals markets range-bound and driven by forces beyond his control, sector expert Michael Ballanger turns his contrarian eye to the past. With gold enjoying its best week of the year, with the Daily Sentiment Index charging northward, with the Relative Strength Index (RSI) pressing 72 for the GLD, with the RSI for GDX pushing 75, and finally, with the newsletter community all fal...Read More
Technical analyst Clive Maund charts gold and explains why he believes this is a good time to build positions.With things shaping up so well for gold, we can certainly take any short-term correction in our stride, and more than that, we can seize upon it as an opportunity to build positions further across the sector, whether by means of ETFs, stocks or options, and of course, gold itself.Several f...Read More
Who wouldn’t know the Spaghetti Western The Good, the Bad and the Ugly? In today’s analysis, we have important pieces of economic data starring in the first two roles. Retail sales and industrial production rebounded in May, while the Empire State Index plummeted in June. How will these reports affect tomorrow’s FOMC decision and the gold market? The GoodFriday brought us some go...Read More
What stands out from the long-term chart is that Silver tends to be pretty much dead for most of the time, only really coming alive towards the later stages of precious metals bull market manias when everyone begins piling in just before the bubble pops! Which is a warning not to get carried away with fantasy targets for Silver but try and keep things real by focusing on what silver has done in th...Read More
The Amount of Dollars in ExistenceSilver is currently trading around $14.84 anounce. This is around 30% of its 1980 all-time high of $50. However, this is anincomplete representation of what silver is really trading at, relative to USdollars. When you look at the silver price, relative toUS currency (the amount of actual US dollars) in existence, then it is at itslowest value it has ever been (see...Read More
Whata remarkable day Friday has been! Going into the U.S. session open, we haveseen gold challenging its early-June highs. The barrage of geopolitical newshas been deafening and gold had literally nowhere to go but up. But something“unexpected” yet totally predictable happened to those who have jumped on thegold bandwagon. Friday’s U.S. session has sent gold lower. On huge volume...Read More
- Dave Kranzler"Shanghai Gold will change the current gold market with its 'consumed in the East but priced in the West' arrangement. When China has the right to speak in the international gold market, the true price of gold will be revealed." - Xu Luode, Chairman, Shanghai Gold Exchange, 15 May 2014The price of gold has jumped 5.8% in a little over 3 weeks. This is a big move in a short peri...Read More
By Avi GilburtWhile some of you may be too young to know who Stan Laurel and Oliver Hardy are, they were a comedy team from the late 1920s until the 1940s. They appeared in 107 films, starring in 32 short silent films, 40 short sound films, and 23 full-length feature films. And, probably for many of you, they are unknown.But, one of the most popular lines from this comedy team was when Oliver Ha...Read More
By: Ira EpsteinGold consolidating gains?Read More
Click Chart to enlargeI am resuming bitcoin coverage and will treat it as nothing special, since that's the best way to be objective when reading its charts. The one shown provided two good opportunities to get long 'mechanically' at 7481, so we'll assume that its target at 10,026 will prove just as useful as a minimum upside objective. We'll talk about buying a pullback to the red line (p=833...Read More
There can be big one way moves in gold and silver anytime. Short term traders and investors are on the sidelines. Gold short sellers are waiting for an opportunity. It remains to be seen if they fail this week. Cautious optimism in gold for now. Physical buyers of gold will be on the sidelines. In the next three weeks, there are various risk. (a) 18th June and 19th June is the FOMC. (b) 28th Jun...Read More