If crude oil rises over $10 by month and floats over $72 (brent), then there will be renewed fears of global recession. Right now, I believe most of the global slowdown related news has been discounted in by the markets. The pace of rise of crude oil will determine recession or growth or slowdown. Energy prices ? inflation determination? Interest rate cycle. There are host of other factors which...Read More
Politicians, especially on the left are saying things that they could have never gotten away with 5 years ago. Cursing out your president on live tv was unheard of. In a way Trump has brought this on himself. Having very little ability to filter his speech, he lowered the bar for others. And now that the toothpaste is out of the tube, it will be impossible to put it back in. And this is making it...Read More
While touring the Middle East, including election-free Saudi Arabia, Secretary of State Mike Pompeo has called for the Venezuelan opposition and armed forces to overthrow the current government under its president Nicolas Maduro. According to Pompeo, a coup is necessary to "restore democracy" after elections failed to produce the desired US outcome.Dr. Ron Paul is a physician and former twelve-ter...Read More
A man who swore an oath of allegiance to Osama Bin Laden and met with the architects of the 9/11 attacks, Aimen Dean joined Sophie in studio to talk about his journey from Al-Qaeda operative to top MI6 spy.Read More
In January 2019, following the broadcast of a television documentary in which Watson repeated his views about race and genetics, the Cold Spring Harbor Laboratory revoked honorary titles that it had awarded to himContinue...Read More
Continue...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 largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at...Read More
Continue...Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the...Read More
Continue...Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More
Russia is planning to invest a massive amount of capital into Bitcoin to help displace the US dollar as a reserve currency in a bid to tackle US sanctionsContinue...Read More
I have previously written that all wars have been started by the Democrats with the single exception of the Iraq War under Dick Cheney and the Neocons. Now after Continue...Read More
Gold rose early on Monday as traders sought the safe haven yellow metal to protect themselves from falling equity prices and concerns about Continue...Read More
"The strategic rationale for combining Goldcorp with Newmont is powerfully compelling on many levels," Continue...Read More
Exports collapsed 7.6% from the previous year and imports also fell; the year-on-year drops were the biggest since the second half of 2016.Continue...Read More
Thetwo largest private producers of bullion bars and rounds in the U.S.have gone defunct over the past two years. Premiums for silver bars and roundsare already on the rise as markets adjust to the lack of supply.Atpresent, demand for these products is manageable. A surge in buying activity,however, could lead to serious difficulty finding low-premium products. Elemetalshut down most of its operat...Read More
Although the financial media conflates the two, there is a difference between a rally and a bull market. A rally implies a rebound after or a reprieve from weakness. A bull market is higher highs and higher lows for a period of at least a few years.Gold’s strength in the 2000s was not a rally, as many have deemed it, but a bull market. Gold’s rebound in 2016 was a rally. Nevermind the...Read More
We called the move from $4.75 to $2.90 in Natural Gas, and our predictive modeling solutions are suggesting a new upside rally in price is setting up for early Spring.Very cold weather across the Northwest and Eastern US, as well as moderate demand globally, should prompt a renewed rally in Natural Gas through at least March or April of 2019. A move to, or above, $3.30~$3.40 would indicate there i...Read More
Every thing has a cyclical manner, some more than others. And when price and the cycle runs together, it great to be in it for the ride! Of course fundamentals are the reason for a price move, yet the laws of nature seems to co ordinate fundamentals, price and time together, hence the outcome can be seen via a sine wave cycle.If you use some math called 'Bartels' (more here) you can scan many...Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanChief Strategist, Enriched Investing Inc.Phone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.comTwitter: @Davcha12January 14, 2019 "If everybody is thinking alike, then somebody isn't thinking." General George S. Patton, U.S. Army field commander, WW2, 1885-1945 "There are two kinds of people that lose money: those...Read More
StrengthsThe best performing metal this week was palladium, up 1.71 percent, and now the most expensive precious metal. Gold, meanwhile, is set for its fourth weekly gain, marking its longest rally since October. Traders surveyed by Bloomberg are bullish on the yellow metal for a ninth straight week. In December, China added to its gold reserves for the first time since October 2016, according t...Read More
By: Keith Weiner, Monetary MetalsFor years, people blamed the global financial crisis on greed. Doesn't this make you want to scream out, "what, were people not greedy in 2007 or 1997??" Greed utterly fails to explain the phenomenon. It merely serves to reinforce a previously-held belief. Far be it from us to challenge previously-held beliefs (OK, OK, we may engage in some sacred-ox-goring from...Read More