The annual edition of The Economist's Intelligence Unit Democracy Index is out.Across several democratic categories nations are ranked. These include but are not limited to:Civil liberties... the functioning of government... political participation… electoral process... pluralism... and political culture.Where does the United States rank among the nations of the Earth?Is it the most democr...Read More
Today marks the 27th day of the government shutdown.In total, 800,000 Federal employees missed their first paychecks last week. And another 1.2 million government contractors are also estimated to be missing paychecks as well.That’s 2 million Americans currently out of work and not collecting paychecks!This boils down to a large portion of America’s middle class at risk of missing mort...Read More
The U.S. government is shut down. It has been for 28 days now - making it the longest government shutdown in U.S. history by a wide margin. And there's no telling when it will come to an end.Continue...Read More
Continue...James Turk has specialized in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. His career began at Chase Manhattan Bank (now JPMorgan Chase & Co.), which included assignments in Thailand, the Philippines and Hong Kong. He subsequently joined the investment and trading company of a pro...Read More
"BuzzFeed's description of specific statements to the Special Counsel's Office, and characterization of documents and testimony obtained by this office, regarding Michael Cohen's Continue...Read More
"In opposition to our Unity Principles, they have allowed anti-Semitism, anti-LBGTQIA sentiment and hateful, racist rhetoric to become a part of the platform by their Continue...Read More
*If the volume isn't working, click the volume icon located in the bottom right hand corner of the video playerIn this stock market bubble, the new question is "who's the dumb money?" Harry talks about the biggest trend of this bubble, corporations buying their own stocks. Will they continue buying at the top of this bubble?*If the volume isn't working, click the volume icon located in the bottom...Read More
Jan 21, 2019 Guest(s): Peter Hug Global Trading Director, Kitco Metals Gold's uptrend so far in 2019 has been more than seasonal, and the same macroeconomic forces that have been driving it up could push the yellow metal higher still, said Peter Hug, global trading director of Kitco Metals. "If the Fed reverses course again because the economy is slowing down, then I think we could have the same...Read More
Jan 21, 2019 Guest(s): E.B. Tucker Director, Metalla Royalty & Streaming E.B. Tucker, director of Metalla Royalty & Streaming, is sticking to his $1,500 an ounce gold call. "Gold is a commodity, so you see these cycles that run in the commodity business. They go to highs, they go to lows, and everybody gets scared of the lows, and they get euphoric at the highs. We're definitely at a low, an...Read More
Jan 20, 2019 Guest(s): Vince Sorace President, CEO & Director, Kutcho Copper Supply-demand fundamentals swing in copper's favor, and everyone seems to agree, said Vince Sorace, CEO of Kutcho Copper. "There isn't a corporate or an analyst or a strategic that I've talked to in the last year that isn't on the same page with respect to, they see, a continuation with respect to demand, and that could...Read More
Jim covers the bad old inflation days of the early 1980's and the courage of Paul Volcker, the many lessons learned through risk cycles, negative interest rates and his view on the damage done to the price discovery process wrought by the interventionist activities of the modern Central Banker. Jim even shares his views on the National Weather Service in the course of our excellent discussion. Jam...Read More
*If the volume isn't working, click the volume icon located in the bottom right hand corner of the video playerPassing the US in terms of retail sales, China's economy appears to show more growth than many think. But a close look at their housing market might suggest otherwise...*If the volume isn't working, click the volume icon located in the bottom right hand corner of the video playerHarry Den...Read More
CNBC's Jim Cramer gets Kirkland Lake Gold President and CEO Tony Makuch's take on recent, high-profile deals in the gold market.Makuch, whose company was formed by a merger of three gold producers, says larger players that are combining forces are "on the right track."Elizabeth Gurdus| @lizzygurdusPublished6:22PM ET Thu, 17 Jan 2019Updated 6:51PM ET Thu, 17 Jan 2019CNBC.com show chapters Gold m...Read More
The United States is running an unusually high federal deficit of 4% of GDP, projected to soon increase to 5% of GDP, during a bull market and economic expansion.Ten-year treasury yields recently dropped from over 3.2% to under 2.7%; I'm taking my profits and moving most of my bonds to cash-equivalents and ultra short-term bonds.While my portfolio remains highly diversified, I prefer cash-equi...Read More
For first time in over 16 years, palladium futures settle at a premium to gold futuresGold futures on Wednesday resumed their climb toward the psychologically important price of $1,300 an ounce, settling at their highest in nearly two weeks on the back of political turmoil in the U.K. and U.S.Caution among traders had deepened "ahead of a no-confidence vote on British Prime Minister Theresa May'...Read More
COMEX FUTURES REPORTThe Brexit vote is over. Theresa May survives. Her next moves will be closely watched. Political uncertainty will result in gold trading with a firm bias. Traders will now start taking positions for Tuesday as Monday is a holiday in the USA. The US dollar is firm due to its safe haven status over the Pound and Euro. Focus will now be on economic data releases and its impact...Read More
Gold prices have been held up ahead of the 74.6% Fibo retracement of the mid-April 2018 decline as the dollar's downside stalls. Central Banks are in no position to contend with the Fed at this juncture, supporting the dollar which benefits from a safe haven bid still while gold yields nothing. Gold is currently trading at $1,292/oz, just below the session highs of $1,294/oz. Gol...Read More
Early investors stand to reap the rewards as a new technology looks to change everything.One research firm - which recommended Google and Amazon before they became household names - has built a worldwide reputation of identifying profitable tech trends well before Wall Street and the talking heads on T.V.And just recently, they've uncovered a technology that's already being labeled "humanity's las...Read More
Morgan Stanley earnings weighed in early tradingStocks started the day in negative territory, thanks to a dismal earnings report from Morgan Stanley (MS) and reports of a potential U.S. investigation into Chinese tech firm Huawei. However, the major indexes swung higher in afternoon trading, after a Wall Street Journal report suggested the U.S. is considering lifting tariffs on China to accelerate...Read More
Gold's dimming supply prospects have caught the eye of one billionaire."For the first time in my life, I bought gold because it is a good hedge," Sam Zell, the founder of Equity Group Investments, said in a Bloomberg TV interview. "Supply is shrinking and that is going to have a positive impact on the price."Spending on new mines began to dry up after prices of the metal tumbled from a record in 2...Read More