Sector expert Michael Ballanger bemoans the panic-inducing influence of politicians and the influx of "counterfeit currency" from central banks on the money and commodities markets. One look at the chart of the U.S. financial markets against the backdrop of economic paralysis and suffering, and one is immediately filled with a myriad of emotions. Sympathy for those that have been afflicted by the...Read More
StrengthsThe best performing precious metal for the week was silver, up 3.78 percent on stronger industrial demand. After a slow start to the week, gold and silver were moderately higher in midday U.S. trading Thursday as haven demand returned due to China's security law imposition on Hong Kong. The move by China ratcheted up tensions with the U.S. Gold rose Friday morning as investors awaited P...Read More
Clint Siegner, Money MetalsProtests egged on by the legacy media quickly devolved into large-scale riots and looting over the weekend in more than a dozen U.S. cities.Some important institutions have betrayed the public trust, and Americans facing quarantine and staggering unemployment have arrived at the boiling point.Meanwhile, the ranks of people buying gold and silver as a hedge against econ...Read More
Index futures have done a tentative alley-oop Sunday night, feinting lower before moving as though to challenge Friday's nutty highs. They occurred, apparently, because Trump was not as hard on China as he could have been when he addressed the nation ahead of the closing bell. Anyone mystified by the stock market's exuberance hasn't been paying attention to the steep rally that has occurred with...Read More
By: Ira EpsteinGold monthly is favorable, momentum and bias is up. For the week, gold had a higher weekly close. It was a strange week..Read More
Fireside ChatRapid FireFireworks ShowSome Final ThoughtsScars from the Great DepressionThe history of humanity, at least as taught in most schools, is really about two seemingly opposite forces: human innovation and human conflict. The same intelligence that lets us accomplish great things also sets us against each other. But sometimes, we rise above it.Last week I saw on Twitter (where you shou...Read More
Bob StokesElliottWave InternationalPosted May 31, 2020Day trading - it's back.As you'll probably recall, day trading became so popular during the late 1990s that some market participants were selling their homes to raise the funds to participate.It didn't end well. After peaking in March 2000, the NASDAQ went on to lose 78% of its value.Yet, even after the dot.com bust, day trading never went away...Read More
Peter and George take a deep dive into stagflation, inflation, deflation and what that means for the US dollar, commodities and gold. How will the lockdowns and the reopening affect the economy long term? Will YOUR LIFE ever be the same? Peter Boockvar is the Chief Investment Officer of Bleakley Financial Group and Editor of The Boock Report newsletter https://boockreport.com/.George Edward Gammon...Read More
TOPICS IN THIS INTERVIEW:-"V-bounce" essentially impossible.-Impossible to invest with distorted markets.-Why markets are nearing all-time-highs.-"I cannot say enough bad things about the Fed."-Overvaluation is appreciation pulled forward.-Velocity of money dropped in Weimar Germany too until inflation skyrocketed.-Gold and silver commentary.David B. Collum is an economic commentator, chemist, Bet...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
Big moves in gold and silver.Jerome Powell admits that things are so bad, it's worth the risk of killing us with the cure.Personal income surges by 10.5% as consumer spending declines by 13.6%.Mark Cuban thinks money printers are the economic fountain of youth.Goldman Sachs couldn't care less about Bitcoin.Trump shifts blame from the Federal Reserve to China.Peter Schiff is an internationally reco...Read More
Mohamed El-Erian, chief economic adviser at Allianz and a Bloomberg Opinion columnist, says talk of more unconventional monetary policies makes central banks feel forced to do more. Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's larg...Read More
Continue...Egon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland. Since the 1990s Egon von Greyerz has been actively involved with financial investment activities including mergers and acquisitions and asset allocation consultancy for private family funds. This led to the creation of Matterhorn Asset Management, an asset management company based on we...Read More
"The situation in Minnesota is no longer in any way about the murder of George Floyd. It is about attacking civil society, instilling fear and disrupting our great cities," Governor Tim Walz said Saturday.Continue...Read More
"This hegemonic act of attempting to interfere in Hong Kong affairs and grossly interfere in China's internal affairs will not frighten the Chinese people and is doomed to fail," it said. Continue...Read More
Adam HamiltonArchivesMay 29, 2020 The silver miners' stocks have surged higher since mid-March's COVID-19 stock panic, clocking in some big and fast gains. Nevertheless, this long-struggling sector remains vexing. By mid-May as their latest earnings season was wrapping up, the silver stocks were lagging the gold stocks' powerful upleg. And the silver miners' Q1'20 operational and financial results...Read More
Jim Rogers is a well-respected and much sought after market commentator and public speaker with a deep commitment to free markets. Lynette and Jim discuss what is happening with the global economy and what Jim is doing personally to protect his wealth.*There are some issues with the audio in this interview but you can still hear the majority of it. Lynette Zang has held the position of Chief Marke...Read More
Gerald Celente of the Trends Journal gives an explosive interview on a range of topics, including the massive government failures in handling the COVID-19 outbreak, some alarming statistics about the virus that the legacy media are ignoring, and offers some incredibly valuable advice on what people should be doing to prepare for what he calls the greatest depression. Gerald Celente is a pioneer tr...Read More
Today's interview is with Charles Hugh Smith. Charles talks COVID-19 in Hawaii and how the island is handling it. The discussion then branches off into centralization, the central banks and how the people have the ability to change everything when faced with disastrous situations. Charles explains how the event has revealed the agenda of certain individuals, how the economic system does not functi...Read More