One of the most forgotten events in history took place nearly 100 years ago on a small piece of land owned by William H. Abrams in Mitchell County, Texas.Few people I know could tell me where Mitchell County is, and fewer still know the extraordinary story that occurred there on July 16, 1920.Up until that point, an oil well had been drilled on the property and even produced a little oil once dril...Read More
Markets were decisively in "risk-off" mode last week. Following weak manufacturing news last Thursday, the yield on the 10-year Treasury sunk to its lowest level since October 2017. The spread between the 10-year yield and three-month yield, in fact, inverted once again, with the shorter-term bond yield higher by 6 basis points. As such, the "boring" yet mostly reliable utilities sector rotated...Read More
By: Ira EpsteinGold on the August contract now in focus - higher highs, higher lows. Support around $1270 area, if break $1277.50. If a bear trap occurs, next few days gold would need to break $1306-1309:Read More
By: Keith Weiner, Monetary MetalsLast week, we wrote about the impossibility of China nuking the Treasury bond market. Really, this is not about China but mostly about the nature of the dollar and the structure of the monetary system. We showed that there are a whole host of problems with the idea of selling a trillion dollars of Treasurys:Yuan holders are selling yuan to buy dollars, PBOC can'...Read More
By: Stewart Thomson, Graceland Updates 1. The fear trade for gold continues to gain fundamental strength. The technical picture is also solid. Please click here now. Double-click to enlarge. Gold is poised for significant upside action in the second half of this year. 2. A large bull wedge is in play as institutional investors become more concerned about the slowing global...Read More
With government bond yields around the world near multi-year lows, U.S. stocks are in a dither. Should they take a bold leap to new all-time highs, defying mounting expectations of a global economic slowdown? Or should they instead fall to a more sustainable, cruising altitude? My own technical outlooks suggests they could do both: first with a rally of about 9% that fulfills a 3095 target in...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Peter Boockvar, chief investment officer at Bleakley Advisory Group, calls into 'Fast Money Halftime Report' to discuss the message the yield curve is sending and what it means on a technical basis.Peter Boockvar is the Chief Investment Officer of Bleakley Financial Group and Editor of The Boock Report newsletter https://boockreport.com/.Read More
Gregory Weldon is CEO of Weldon Financial and Editor of the influential newsletters "Weldon's Money Monitor," the "Commodity and Currency Monitor," the" Metal Monitor," and the "ETF Playbook." He launched these macro-market publications, covering supply-demand fundamentals, along with technical, intermarket, and psychological insights, after building a successful career as a trader on Wall Street....Read More
Christopher Balding, associate professor at the Fulbright University of Vietnam, calls in to discuss all things China.1:43 Dramatic change in the air. Social credit risk5:15 Economic growth, real and reported9:25 "They are shorter on dollar liquidity than most people realize"15:11 Huawei: What do we make of it?23:18 Inflation vs. deflationJames "Jim" Grant is an American writer and publisher and t...Read More
TSA was made aware of an FDA-approved drug that contains CBD oil for children who experience seizures from pediatric epilepsy. To avoid confusion as to whetherContinue...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
As I have explained for a while, the U.S.-China conflict is much more extensive than a "trade war." It is an ideological conflict of comparable powers in a small Continue...Read More
Many people are confused as to why corporations have been buying back their shares in mass. The latest figures for 2018 are in and they demonstrate that the S&P 500 Continue...Read More
If you thought Joe Biden's penchant for groping unsuspecting adult women and sniffing their hair was creepy, just wait until you see this...Continue...Read More
Jason talks about the case study of Hecla Mining https://www.hecla-mining.com/, the mistakes management has made the last 6 years and why it is a really bad idea to invest in an individual mining stock.Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try t...Read More
We have written for over a year about the historical importance of the shift in Federal Reserve policy. We've noted Continue...Read More
These results are from the Canadian company's 2018 exploration efforts and ongoing data synthesis and modeling work. Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) announced in a news release results from the Crescent and Cathedral target areas on the east side of the Stillwater West project in Montana."Results confirm that the airborne geophysical conductive highs are targeting high-su...Read More
This company's plans for the upcoming exploration season in the Canadian Yukon and the Golden Triangle, and why they should be exciting for investors, are discussed in this interview with Maurice Jackson of Proven and Probable. Maurice Jackson: Joining us for a conversation is James Pettit. He is the President, CEO and Director of Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB). Mr Pettit, welcome t...Read More
The Canadian company will drill this zone further in 2019. Dixie Lake, Red Lake DistrictGreat Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTC) announced in a news release that through drilling, it made a new high-grade gold discovery, the Bear-Rimini zone, at its Dixie project in Ontario's Red Lake District. Bear-Rimini is 2.5 kilometers northwest of the Hinge zone. Discovery drill hole DNW-011 hit on...Read More