The People's Bank of China announced that they have increased their gold holdings to 59.56 million ounces or about 1,853 metric tons, from 59.24 million ounces previously. This marks an increase of roughly 320,000 ounces or over $400m US. The official reserve numbers had been unchanged since about 130,000 ounces were added in October 2016.We believe this is just the start of China aggressively inc...Read More
A recent survey by the College Board revealed the budget for an in-state public college last year averaged $25,290.And a moderate budget at a private school last year averaged $50,900.Suppose you have three kids bound for college a decade from now. At the rate which college tuition costs are rising and tuition aid formulas changing, you're looking at spending, over the course of 4 years, close to...Read More
Jan 08, 2019 Guest(s): George Milling-Stanley State Street Global Advisors Risks for gold are skewed to the upside as the yellow metal has already seen its lows in 2018, said George Milling-Stanley, Head of Gold Strategy at State Street Global Advisors. "I think we've tested the downside a good deal in 2018, my guess is that what we'll do is test the overhead resistance during the course of 2019...Read More
Jan 07, 2019 Guest(s): Will Rhind CEO, GraniteShares Changes in monetary policy could really affect stock markets and increase volatility in equities in 2019, this according to Will Rhind, CEO of GraniteShares. "I think we can have quite a significant change if there's a rate rise in December. I think that really increase the likelihood of a stock market sell-off coming into next year. So, we've...Read More
An increasing number of Americans are OK with facial recognition technology, especially if it increases public safety, according to a new survey released earlier this week.Continue...Read More
I'm starting to wonder whether President Trump has any power over US foreign policy at all. Many people believe that the US president is just a figurehead, with actual foreign policy firmly in the hands of the deep state. Trump's latest dramatic U-turn on pulling troops from Syria certainly feeds such theories.When President Trump announced just a couple of weeks ago that the US was removing its t...Read More
Robert Shiller is an American economist, academic, and best-selling author. He currently serves as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management's International Center for Finance. Mr. Shiller has been a research associate of the National Bureau of Economic Research (NBER) since 1980, was Vice President of the American Economic Association in...Read More
Peter KrauthThe price of gold is starting to catch fire thanks to the stock market's latest struggles.Gold could be in store for a strong 2019, even if stocks recover from their recent dramatic sell-off.Gold wrestled against the dollar between May and November as the DXY rose from 89.5 to 97.5.But just as the dollar index peaked mid-November, gold put in a bottom from which it has risen an impress...Read More
In 2017, every prominent economic forecasting entity was shouting from the rooftops about "synchronized global growth." This was a reference to the fact that not only were certain economies growing, but they were all growing at the same time.Chinese GDP growth had come down but was still substantial at 6.85%. U.S. GDP growth was posting solid gains of 3.0% in the second quarter of 2017 and 2.8% in...Read More
Fed Chair Jay Powell just sent the most powerful signal from the Fed since March 2015. He has pretty much taken a March 2019 rate hike off the table until further notice. At a forum hosted by the American Economic Association in Atlanta last Friday, Powell used the word “patient” to describe the Fed’s approach to the next interest rate hike. When Powell did this, he was...Read More
Fed Chair Jay Powell just sent the most powerful signal from the Fed since March 2015.He has pretty much taken a March 2019 rate hike off the table until further notice. At a forum hosted by the American Economic Association in Atlanta last Friday, Powell used the word "patient" to describe the Fed's approach to the next interest rate hike.When Powell did this, he was reading from a script of prep...Read More
The epoch bond bubble continues to build and become a dagger over the worldwide economy and markets. Wall Street Shills are fond of claiming that Continue...Read More
"The other interesting thing that we're reporting here is that one of the technologies used to injure these American spies and diplomats was some kind of microwave weapon, that is so Continue...Read More
LONDON, 7 January 2019 - Comment and analysis from BullionVault features today in a detailed report on the case for buying gold in 2019 from UK personal finance magazine Money Observer."The physical security that gold offers means it cannot be devalued," the magazine's online article quotes Adrian Ash, director of research at BullionVault. "It is a rare, physical, tangible asset."Gold is [also] de...Read More
At least 30 Afghans were killed on Sunday when the tunnel they were digging in to mine gold in northern Afghanistan collapsed, officials said.Officials said the victims were villagers who were mining for gold illegally, rather than in a government project."Poor villagers during winters try to compensate their earnings by pursuing illegal mining. They dig tunnels to enter the mines," Nek Mohammad N...Read More
Ecuador, one of the hottest destinations for copper prospectors, aims to more than double the value of mining to its economy by 2021, but projects risks delays and potential halts due to growing local opposition to the extraction of the country's resources.According to the latest report by Fitch Solutions Macro Research, the ongoing expansion of mining exploration in the South American country is...Read More
Getting "funded" means traders can take risks without putting their own money on the line.It is possible to build a large portfolio and never lose money from a trade ever again.Need proof?Here's how it works... Every day, "regular" traders turn into professional part-time "funded traders" using a unique trading program.All it takes is undergoing training, and learning the materials.Then someone li...Read More
I was trying to acquire perspective on the world of gold by getting far away from the supposedly experts of all names that no-one had previously heard of, like the Jim Rickard, this other unknown, that other newcomer, etc.... They put their grain of salt on everything as if they were knowledgeable, like << the velocity of money is slowing today >> and << the CIA chief has had a bad night and...Read More
The gold stocks’ young uplegis really growing, on a trajectory to become major. This contrarian sector is breaking out to theupside on multiple fronts technically, which is really improving sentiment. Traders’ extreme bearishness of late summerhas mostly abated, with bullish shoots taking root. Fundamentals certainly justify the mountinggold-stock buying, with earning...Read More
Erik Townsend and Patrick Ceresna welcome Marin Katusa to MacroVoices. Erik and Marin discuss uranium producers and the recent drop in oil prices. They then go on to discuss the opportunities in the steel and diamond industries. They finally wrap things up with a broader look at resource investing and what it takes to be a successful resource investor.Marin Katusa has worked directly with and fina...Read More