The 'Everything Bubble' has popped By Chris MartensonNow that the world's central banking cartel is taking a long-overdue pause from printing money and handing it to the wealthy elite, the collection of asset price bubbles nested within the Everything Bubble are starting to burst. The cartel (especially the ECB and the Fed) is hoping it can gently deflate these bubbles it created, but that's...Read More
Index futures were groping for a bottom Sunday night, extending Friday's losses by about a 35% on light volume. DaBoyz will have a chance to exhaust sellers at somewhat lower levels, since the Mini-Dow and the Mini S&P were within easy distance of Hidden Pivot supports that lie, respectively, at 24094 and 2599.25. If neither holds, we'll shift our attention to market bellwether AAPL, which could...Read More
Apart from a 2-week period around the middle of the year, my Gold True Fundamentals Model (GTFM) has been bearish since mid-January 2018. There have been fluctuations along the way, but at no time since mid-January have the true fundamentals* been sustainably-supportive of the gold price. However, significant shifts occurred over the past fortnight and for the first time in quite a while the fun...Read More
CloseGain/LossOn WeekGold$1248.40+$10.10+2.19%Silver$14.63+$0.25+3.25%XAU67.94+2.40%+5.40%HUI153.93+2.58%+6.13%GDM560.05+2.34%+5.32%JSE Gold1201.13-0.09+9.31%USD96.60-0.14-0.61%Euro114.10+0.24+0.80%Yen88.80+0.01+0.67%Oil$52.61+$1.12+3.30%10-Year2.856%-0.031-4.86%Bond143.90625+0.34375+2.27%Dow24388.95-2.24%-4.50%Nasdaq6969.25-3.05%-4.93%S&P2633.08-2.33%-4.60%Weekly Performance (Source: GoldSeek...Read More
CloseGain/LossGold $1244.30-$4.10Silver$14.52-$0.11XAU67.40-0.79%HUI154.01+0.05%GDM560.44+0.02%JSE Gold1249.20+48.07USD97.21+0.61Euro113.57-0.53Yen88.34-0.46Oil$51.00-$1.6110-Year2.854%-0.002T-Bond144.0625+0.15625Dow24423.26+0.14%Nasdaq7020.52+0.74%S&P2637.72+0.18% The Metals: Gold saw slight gains in Asia before it fell back to $1243.50 by a little after 8AM EST and then...Read More
Peter KrauthLast week might've been a short trading week, but it was packed with the sort of financial news that sends the price of gold higher.This latest gold rally pushed the metal to a fresh five-month high and close to a new breakout level.Of course, the G-20 summit in Buenos Aires provided an early boost for gold prices, as the United States and China agreed to a 90-day truce with no new tar...Read More
John Bogle, an entrepreneur, true capitalist and the founder of one of the world's largest mutual fund companies, wrote in his book The Battle for the Soul of Capitalism concerns about the retirement system as a whole.We're in a crisis. But luckily, there's a solution for those smart enough to listen.He takes aim at CEOs of investment firms and believes retirement is going to be the next big finan...Read More
What are the real reasons we should suspect that our financial lives are not as we are being told? And who will be the winners and losers when it all comes falling down?John Rubino, the man at the helm of DollarCollapse.com, co-author of "The Money Bubble" with GoldMoney's James Turk, and of "Clean Money - Picking Winners in the Green Tech Boom," returns the Reluctant Preppers to answer YOUR viewe...Read More
2555 is the low Charles expected on the S&P. He's been out of stocks since January and thinks the decline will continue into first quarter of 2019. Today's earnings look bad and the Treasury yield is down. Unemployment peak is negative for the economy. the smart money is moving out of the market and has been for quite a while. 60 year social unrest cycle has appeared (remember the 1960's) and it's...Read More
"Anyone want to hold their nose and look through Breitbart.com for hate speach? [sic]?"Continue...Read More
Corporate earnings forecasts are looking less positive as the effects from the tax cut fades and as investors continue to price in the possible effects of a U.S.-China trade warContinue...Read More
Bill Pincus, president and CEO of Miramont Resources, speaks with Maurice Jackson of Proven and Probable about his company's latest exploration efforts in Peru. Miramonte Cerro HermosoMaurice Jackson: Joining us for a conversation is Bill Pincus, the president, director and CEO of Miramont Resources Corp. (MONT:CSE; MRRMF:OTCQB), which is developing new opportunities in world-class mining distric...Read More
BMO Capital Markets report reviewed the longer-term metrics. In a Dec. 6, 2018, research note, analyst Andrew Kaip reported that Newmont Mining Corp. (NEM:NYSE) gave updates on its 2019 and longer-term outlook, with next year's numbers being generally "in line" with some variations. Production and capital requirements came in higher and all-in sustaining cost (AISC) lower than BMO's forecasts. Ka...Read More
A few years ago the Swiss National Bank (SNB) - which traditionally held "monetary assets" like government bonds, cash and gold to back up the Swiss franc - decided to branch out into common stocks.Continue...Read More
The precious metals sector has just one standout performer this year, and that is palladium. Lately the market for that metal has gotten more than just hot. Developments there could have implications for the LBMA and the rickety fractional reserve system of inventory underpinning all of the physical precious metals markets.Palladium Reaches Gold Price, Makes All-Time HighCraig Hemke of the TF Meta...Read More
David Petersson is a developer and freelance tech blogger interested in cyber-security, AI and blockchain, and try to separate signal from noise in the industry.Continue...Read More
Whisky is for Drinking; Water is for Fighting OverThe problemof severe water stress in the United States - and elsewhere - is serious andgetting worse. Water stress is what happens when the demand for water exceedsthe amount available, or when poor quality restricts its use. It most commonlyoccurs in areas where available water supplies have been over-exploited, oftendue to agriculture or urban de...Read More
As we are watching the US and global markets rotate dramatically lower over the past few days, we have been advising our members that we believe this rotation is an over-reaction to economic impetuses and trade issues – not a massive downside price break. Overall, some of our longer-term technical indicators are currently bearish, as one would think technical indicators would react to...Read More
Listen to what gold is saying. It’s not deflation that we have to worry about. We’re about to enter a multi year period of rising inflation. Seriously did you think years of QE weren’t going to have consequences at some point?For a long time I’ve maintained several key macro views.Gold started a new bull market in late 2015.The dollar started a secular bear market in early...Read More
Fred Imbert| @foimbertPublished6:12PM ET Sun,9 Dec 2018Updated3 Hours AgoCNBC.com show chapters Markets turn volatile in another wild trading session — Here's what five experts are watching 5 Hours Ago |03:44 Stocks rose on Monday, erasing sharp losses from earlier in the day, as shares of technology companies posted strong rebounds across the board.The Dow Jones Ind...Read More