StrengthsIn what has been a rather rare occurrence, silver was the best performing metal this week, up 2.64 percent despite a steady trickle of silver out of the physical metal ETFs on a near daily basis. Gold traders are bullish for an 11th straight week, as surveyed by Bloomberg, on the heels of a declining dollar and speculation of a U.S.-China trade war standoff. Gold briefly rose 1 percent...Read More
By: Daniel R. Amerman, CFAMany people view the seven years of zero percent interest rates experienced in the United States between 2008 and 2015 as being safely in the past, with normal times having returned.As explored in this analysis, so long as the business cycle of expansions and recessions has not been repealed - then we are highly likely to see a swift return to a potentially protracted b...Read More
By: David HaggithWe are in the end time of an unprecedented era of financial expansion the greatest expansion of the world's money supply ever attempted, expansion of the Federal Reserve's vast and unchecked powers far beyond what the Fed could do before the financial crisis, and super-sizing expansion of banks that were already way too big to fail.I am calling this time in which we are now un...Read More
By: Keith Weiner, Monetary MetalsNewly elected Representative Alexandria Ocasio-Cortez recently said that Modern Monetary Theory (MMT) absolutely needed to be "a larger part of our conversation." Her comment shines a spotlight on MMT. So what is it? According to Wikipedia, it is:"a macroeconomic theory that describes the currency as a public monopoly and unemployment as the evidence that a...Read More
Gold took wing Friday, energized by weakness in the dollar. The $23 upthrust stalled almost exactly at the 1302.90 Hidden Pivot midpoint resistance shown, validating both the bullish pattern and a 1330.40 target we've been using for the last week or so. (Note: These numbers differ slightly from the ones given here earlier because the pattern's point 'C' low changed.) The 1330.40 'D' pivot wil...Read More
By: Avi Gilburt, ElliottWaveTrader.netThere is an old adage in the market which says that "everyone is a genius in a bull market." What that really means is that as long as you keep looking to the long side in a bull market, you will be seen as a genius.But, remember, one of the main perquisites for maintaining "genius" status is that we must be in a "bull market." So, how do you know when a bul...Read More
By: Gary TanashianFed Doves Take Flight (But We Are Not in Kansas Anymore)Wise guys trading Fed Funds futures see no more rate hikes in 2019, and a few even imagine a rate cut before year-end. Here are the projections for the next 3 meetings, showing an overwhelming view that the Fed will hold the current 225-250 target rate. Graphics: CME GroupAmong other misconceptions promoted in the media...Read More
US-China trade war result, FOMC and January nonfarm payrolls will be closely watched. Gold and silver demand will be dependent on the ability/inability to trade over $1300 and $1560. A big week for gold and silver bulls. FOMC meet will be scanned for the timing of the next interest rate hike. Markets do not expect any interest rate hike this year. FOMC or Nonfarm payrolls either of them indica...Read More
Chemesis International Inc. to Construct GMP Certified Extraction Facility & Production Lab in Bogota, ColombiaColombia based, La Finca Interacviva-Arachna Med announces plans to construct Certified Extraction Facility & Production Lab with International Export CapabilitiesJanuary 28, 2019Vancouver, BC - Chemesis International Inc. (CSE: CSI) (OTC: CADMF) (FRA: CWAA) (the "Company" or "Chemesis...Read More
The gold price finally pierced resistance at $1,300 on Friday, hitting a 7-month high!Why is this important?The $1,300 level has been pesky resistance roughly 12 times over the past 3 to 4 years. A definitive move above this price is a bullish signal that could create a little FOMO (fear of missing out) in the gold market.It is a psychological price threshold, but also has implications for paper f...Read More
Jan 29, 2019 Guest(s): Tim Sykes CEO, TLC Media LLC Tim Sykes, known for turning $12,000 of his Bar Mitzvah money into millions, now tells his students that taking profits early is what makes him successful. "I usually take a third or half of the profits, so with penny stocks, they're so volatile, you don't need to pick the exact top. Too many people get overly greedy, they go for home runs. I w...Read More
Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and has traveled to over 30 countries in the past decade in pursuit of thrills and opportunities, gaining valuable knowledge and experience. With Wealth Research Group, Lior allows readers access into the world of the few who beat the markets consistently for decades...Read More
Noted tax litigator and author joined us to discuss the coming Big Brother IRS tracking systems. The IRS has spent a fortune bringing their systems up to date. They've signed up a company to build a massive database to allow the IRS to search, analyze and visual data to do real time tracking of taxpayers spending patterns. They've already got the data and now they're serious about doing something...Read More
"We really could have gotten out of Afghanistan a decade and a half ago if we didn't harbor ridiculous ambitions of we might accomplish in Afghanistan."Continue...Read More
The following is a list of the ten most important factors likely to affect gold in 2019.Continue...Read More
Thibaut Lepouttre of Caesars Report profiles a company that has branched out to battery metals, in addition to its gold project. Preview SW ProjectIntroduction2018 was an interesting year for Canada-based Comstock Metals Ltd. (CSL:TSX.V) as it appointed Steven Goldman as interim CEO, completed an equity investment (and joint venture agreement) with E3 Metals (ETMC.V),while it also completed a dri...Read More
The last time Bob and I spoke global equity markets were coming unhinged and he very calmlyContinue...Read More
Keris Lahiff| @kerisalisonPublished5:05PM ET Sun, 27 Jan 2019Updated 5:10PM ET Sun, 27 Jan 2019CNBC.com show chapters The Fed is in a bind ahead of meeting: Ron Paul 5:14PM ET Fri, 25 Jan 2019 |01:18 The Federal Reserve will meet this week to talk monetary policy.That has drawn the ire of major critic Dr. Ron Paul, former Texas congressman and advocate of smaller government, f...Read More
By: Ira EpsteinSinking US Dollar after opening of US Government causes sharp rally in all metals:Ira Epstein reviews the days trading in the metal markets. For more information and access to Ira's free offers for commodity traders, visit https://www.iraepstein.com. Read More
Courtesy of: Visual Capitalist If you could travel back in time to the 19th century, it would be very difficult to convince anyone that railroad investments were not the future of the stock market. Governments were offering subsidies and land grants to stimulate rapid industry growth - and in the period of 1868-1873, just after the American Civil War, an astonishing 33,000 miles of new railroa...Read More