Before we get to looking at those three charts, let's talk about the trade war. On Friday the Trump administration made good on its threat to raise tariffs on as much as $200 billion worth of Chinese imports to 25 percent from the previous 10 percent. The president also said that a decision could be made soon on whether to impose the same 25 percent rate on an additional $325 billion of Chinese...Read More

Was it President Trump's intention all along that trade talks with China fail? That's the contention of 'Farmer,' a long-time subscriber who lives in Nairobi. He posted earlier today as follows in the Coffee House, a chat room that runs alongside the Rick's Picks Trading Room:"Just for perspective, the average dollar volume of imports being bought from Russia is only $18 billion during the pas...Read More

By: Dave KranzlerThe price of gold soared over $13 Monday as flight-to-safety money flowed into the precious metals sector while the stock market went into a downward spiral. I see Monday's market action as a preview of what's in store going forward as price discovery once again engulfs the stock market and causes the most extreme stock bubble in U.S. history to deflate.Despite the fact that it...Read More

By: Ira EpsteinGold's move yesterday really kicked it up into a new trend? Gold's strange chart:Read More

David Stockman appears on Cheddar TV Business (May 14, 2019)David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of Th...Read More

Join Mike Maloney as he examines the latest moves in the US/China trade war, and visits some compelling arguments from the Foundation for Economic Education. To quote their article by Mark J Perry: "It's a scientifically and mathematically provable fact that all tariffs, at any time and in any country, will harm economic growth, eliminate net jobs, destroy prosperity, and lower the standard of liv...Read More

"When the Federal Reserve bank signaled that they were going to permanent quantitative easing, I said look, that's the bottom for bitcoin, that was about $3,200 on bitcoin, because they're making it clear now that there's going to be no accountability by the Fed. They're going to print ad infinitum, ad nauseum, there's going to be no rollback, no kind of attempt to balance their books." Max Keiser...Read More

The West is breaking down. Democracies seem unable to handle the onslaught of problems being thrown at them. According to Alasdair Macleod, Russia and China will be the last men standing once this economic cycle reaches its unhappy conclusion. Perhaps the rest of the world will wind up emulating their oppressive systems. It's happened in history before, and there's definitely a large rhyme taking...Read More

Today's guest, David Moadel, joins us to share his thoughts on the financial markets, the United States - China trade war and the importance of thinking about alternative approaches to investing.David Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He...Read More

Link to the Slides and Sources: https://www.itmtrading.com/blog/qa-ly...Question 1. Marc T: you say the Fed is out of tools, but what about buying equities? Do you think they're already doing that covertly? They also haven't tried negative rates yet. If Japan and Europe are any indication, these "tools" could be used to kick the can down the road for a LONG time, right?Question 2. Tony L: Bank of...Read More

It is clear QE is dead. However, at the same time it has trapped all central banks. I am preparing an important paper on this subject. It is complicated, but it is the very reason why the West Continue...Read More

"The most important thing is that in the China-US trade war, the US side fights for greed and arrogance ... and morale will break at any point. The Chinese side is fighting back to protect its Continue...Read More

Earlier this month the World Gold Council published its quarterly report- and it shows that central banks and foreign Continue...Read More

Bob Moriarty of 321 Gold profiles a company with a Nevada project that is expected to begin production by the end of the year. Copper tubes.I've written about Nevada Copper Corp. (NCU:TSX; NEVDF:OTC) in the past. The world has only a ten-day supply of copper on hand and that all by itself should move the price of both copper and Nevada Copper higher. Alas, in the short term the price of copper ha...Read More

Brad Rourke, CEO of Scottie Resources, speaks with Peter Epstein of Epstein Research about his company's major land acquisition in British Columbia's Golden Triangle. Scottie Resources Corp. (SCOT:TSX.V) is a lesser known Golden Triangle (northern BC, Canada) gold junior, who's ship may have just come in.... Typically, when the word, "blockbuster" is used, it refers to drill results. In this case...Read More

Investment professionals around the world are cheering the go-ahead decision for the Juanicipio silver and gold mine in the Fresnillo Silver Trend district in central Mexico. MAG's Juanicipio JV ProjectIn April, Fresnillo Plc (FRES:LSE) and MAG Silver Corp. (MAG:TSX; MAG:NYSE.MKT) jointly announced that both boards approved the Juanicipio project and construction work is expected to be completed...Read More

Chair Powell claims that subdued inflation is caused by transitory factors. Does the recent data confirms his views? And just how transitory is the new tariff rate on $200bn Chinese imports? Will we see a creep higher in inflation about to lift the gold prices?CPI Edges UpAt the post-FOMC press conference in May, Jerome Powell said that some transitory factors could be responsible for muted inflat...Read More

In a recent edition of Credit Bubble Bulletin,  Doug Noland, the long-time critic of contemporary monetary policy, writes about the odd times in which we live from a financial perspective.  “Such a precarious time in history,” he laments. “So much crazy talk has drowned out the reasonable. Deficits don’t matter, so why not a trillion or two for infrastructure? Our...Read More

Wehad warned you about the miners’ bluff and we hope that you heeded it. Gold isstill testing the neck level of the head-and-shoulders pattern, but silver isalready back at its 2019 lows, while miners broke decisively below them. It mayseem that the miners have declined enough and that a rebound is imminent fromthese levels. Should you hold your breath? Are we on a doorstep of a tradablerebo...Read More

By: Michael J. Kosares, USA GoldThe Exter Inverted Pyramid of Global LiquidityCredit risk, liquidity and goldIn a recent edition of Credit Bubble Bulletin, Doug Noland, the long-time critic of contemporary monetary policy, writes about the odd times in which we live from a financial perspective. "Such a precarious time in history," he laments. "So much crazy talk has drowned out the reasona...Read More