By Keith WeinerFor the first time since we began publishing this Report, it is a day late. We apologize. Keith has just returned Saturday from two months on the road.Unlike the rest of the world, we define inflation as monetary counterfeiting. We do not put the emphasis on quantity (and the dollar is not money, it's a currency). We focus on the quality. An awful lot of our monetary counterfeitin...Read More
Although I've projected a further 3.3% drop in the E-Mini S&Ps over the near-term, we should remain open to the possibility of a stock-market reversal on Tuesday that would kick off the increasingly prayed-for Santa rally/dead-cat bounce. The chart shows what would need to happen to trip the bullish signal. Specifically, the March contract would need to push above the small peak at 2616.75 tha...Read More
CloseGain/LossGold $1249.30+$3.00Silver$14.64-$0.03XAU70.61+2.05%HUI160.34+2.31%GDM583.74+2.24%JSE Gold1328.43+26.18USD97.06-0.08Euro113.64+0.17Yen89.18+0.64Oil$46.24-$3.6410-Year2.823%-0.035T-Bond144.4375+0.65625Dow23675.64+0.35%Nasdaq6783.91+0.45%S&P2546.16+0.01% The Metals: Gold erased early Asian gains and dipped to $1245.10 at about 2AM EST before it rallied up to $1...Read More
Anarchy is amok on Wall Street, a scene of riot."Neither the bulls nor the bears are in charge," cries Michael Kramer of Mott Capital Management.Thus we find bull and bear, bovine and ursine, pitted in savage brawling, each battling for control of the nation's capital.One day the bulls wrest command and the Dow Jones leaps 500 points.The next day bears pull off a countercoup... and retake the 500...Read More
Kim and I are all about simplifying.We like making finances simple, which is why we’ve written several books and created multiple courses to help people understand the basics of the language of money. And we support others who carry out the same mission. Like a hero of mine, and a financial genius, figured out a way to transform your retirement. (You can find out how if you watch her short v...Read More
ELKO, Nevada, December 18, 2018 /PRNewswire/ --- Master of Science Thesis in Geology done by Gabriel E. Aliaga, University of Nevada, Reno under Dr. Michael W. Ressel, sponsored by U.S. Gold Corp. - Title of Thesis, 'Igneous Geology of the Keystone Window, Simpson Park Mountains, Eureka County, Nevada: Age, Distribution Composition and Relationship to Carlin-style Gold Mineralization' - This...Read More
Money manager Peter Schiff predicts, ""Americans are going to be impoverished on a national scale."Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often...Read More
Jason talks about leading economic indicators like demand for chemicals for the auto, housing and electronics as well as Chinese demand for chemicals flashing warning signals and FedEx, who ships goods for consumers and businesses all over the world warning about problems increasing in the EU and a general global economic slowdown outside of the US.Paul Hodges, chairman of International eChem gave...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Time...Read More
George Friedrich Wilhelm Hegel was right - Again: The only thing the human race learns from history is that it learns nothing from history.Continue...Read More
Continue...Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence wi...Read More
The last few years of the Everything Bubble were driven by the ultimate dumb money: corporations borrowing to buy back their stock at record high prices. A whole generation of Continue...Read More
Technical analyst Clive Maund charts this royalty and streaming company and explains why he expects its shares to continue to rise. There was big news out of Wheaton Precious Metals Corp. (WPM:TSX; WPM:NYSE) late last week, when the company announced that it has settled a tax dispute with a Canadian agency on terms favorable to itself. What it boils down to is that foreign income on earning gener...Read More
Greg Romain, CEO of Gowest Gold, sits down with Maurice Jackson of Proven and Probable to discuss his company's aim of being the next gold producer in Canada's Timmins gold camp.Maurice Jackson: Joining us today is Greg Romain, the president, CEO and director of Gowest Gold Ltd. (GWA:TSX.V), which is focused on becoming the newest gold producer in Timmins. For someone new to the story, who is Gowe...Read More
"Protecting people's information requires stronger teams, better technology and clearer policies, and that's where we've been focused for most of 2018."Continue...Read More
Just in case you missed what's going on in France: the status quo in Europe is doomed.The status quo has a simple fix for every crisis and systemic problem:Continue...Read More
LONDON, 18 December 2018 - Japan's leading financial data and news agency, Quick, today quotes trading data from BullionVault in a report on the rising gold price.Founded in 1971 and producer of the Nikkei 225 stock index, "Individual investors seem to be acting on this," says Quick."According to BullionVault, the London-based gold trading site, private investors grew their holdings in November ev...Read More
Gold is not only flowing from West to East.It is also flowing into the house account at Goldman Sachs. Or at least the paper claims for it in New York.Below is the monthly report showing the large amounts of physical gold which have been steadily flowing through the Shanghai markets into strong hands in China.Few commentators are talking about this.What is less familiar, and what I have not read...Read More
Trump may be facing an uphill battle he can't win in 2020.The much-anticipated "Blue Wave" washed over America on November 6. But it didn't hit all states equally.Some states, like California and New Jersey, were electoral graveyards for Republicans. In a few states, Republicans actually picked up a seat or two.But overall, Democrats saw their biggest gains in Congress since Watergate. They picked...Read More
Oil prices fell to their lowest levels in a yearStocks were pummeled once again today, with the Dow starting the week off more than 500 points in the red for its lowest close since March 23. Negative headlines surrounding Goldman Sachs (GS), a sharp drop from the healthcare sector, and lingering fears about global economic growth have put relentless pressure on stocks all day. The sell-off has be...Read More