Gold rose to the predicted level of the prior article.The spread between the 5-year and 2-year U.S. treasury yield has turned towards the downside.The technical picture of gold looks positive, all thanks to the bullish candle breaking above the 200-day moving average on the weekly chart.In my last article on October 26th, I was bullish on gold (GDX, ASA) as I expected it to have a rise in its valu...Read More
Gold's intermediate-term recovery process continues to gain traction.Flight-to-safety demand on the rise, thanks to global market jitters.Dollar index still needs to weaken some more, however.It has been a long time in coming, but things are finally looking up for gold. After a drawn-out bottoming process over the last four months, the gold price is climbing out the basement in stair-step fash...Read More
U.S. production of lithium is set to increase 1,300% in the next 2 years.Who wouldn't be happy with 614% gains in a very short amount of time?Well that's what one lithium mining stock did in just under 12 months. But only Australians could reap the rewards of that slam-dunk.Until now that is. The very same "secret sauce" that led to that stock's meteoric rise is now being implemented here in Ameri...Read More
Trading options is often scary... but it doesn't have to be!It's the biggest mistake options traders make... and it's the reason why 9 people out of 10 quit options...Most options traders fall for the same trap - they "buy" an option and end up losing money on 90% of their trades.Of course, any options player knows that losing trades are part of the game. But it doesn't mean losing has to be the n...Read More
Early investors stand to reap the rewards as a new technology looks to change everything.One research firm - which recommended Google and Amazon before they became household names - has built a worldwide reputation of identifying profitable tech trends well before Wall Street and the talking heads on T.V.And just recently, they've uncovered a technology that's already being labeled "humanity's las...Read More
Colombian Forjando Futuros foundation issued a report accusing 33 companies and 150 individuals, both foreign and Colombian, of forcing people living in rural communities out of their land.According to the document, the forced displacement was ordered by the firms and individuals but executed by either the National Army or the guerrilla group known as the Revolutionary Armed Forces of Colombia.The...Read More
A hidden gem trading under a secret name could be the key to retirement riches.Picture theperfectstock for a moment.What would it look like?No doubt it would have hundreds of billions in revenue - more than tech giants like IBM, Facebook and Google.It would probably be a leader in cutting-edge technology like smartphones, robotics, e-commerce and medical equipment.It would have tens of thousands o...Read More
Would you go down to the railroad track and stand in front of an oncoming express train? - probably not, yet that is what many investors are doing, metaphorically speaking, by remaining long the stockmarket at this time. Last week, when the market dropped sharply, many observers talked about it "crashing", but a quick look at our 10-year chart for the S&P500 index below makes clear that the cras...Read More
By John MauldinMonetary Drug WithdrawalEuropean DisunionTrade ThreatsPuerto Rico, Cleveland, and San FranciscoSomeone asked recently how many times I had "crossed the pond" to Europe. I really don't know. Certainly dozens of times. It's been several times a year for as long as I remember.That makes me an extremely unusual American. Most of us never visit Europe, except maybe for a rare dream vac...Read More
The apocalyptic fires that hit California last month have left observers scratching their heads and wondering how destruction on that scale could be possible - and how much it will cost in the future if the causes aren't addressed immediately. This morning's Wall Street Journal concludes that 1) the problems aren't being addressed and 2) this failure is going to cost a fortune that no government...Read More
By Steve St. AngeloOver the past week, the gold and silver prices have held up rather well compared to the overall markets. While precious metals investors still fear that a huge sell-off in the gold and silver prices will take place during the next market crash, it seems that the metals continue to be very resilient during large market corrections.Now, I am not saying that the metals prices c...Read More
November saw a continuation of significant trading in gold swaps by the Bank for International Settlements. After falling in August and September, the BIS' purchases of gold via gold swaps soared in October, falling back by around 64 tonnes in November. The BIS publishes a monthly statement of account that provides enough information to estimate the bank's level of trading in gold swaps and othe...Read More
By Gary SavageListen 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 2017.Sto...Read More
Al-Qaeda tricked the West into the War on Terror in an effort to advance its own Islamist goals in the Middle East, the group's former chemical weapons expert, who later allegedly became an MI6 spy, told RT's Going Underground.Read More
The macro has moved through a time of moderately rising inflationary concerns when economies were cycling up, many commodities were firm and risk was ‘on’. Contrary to the views of inflation-oriented gold bugs, that was not the time to buy gold stocks.As I have belabored again and again, the right time is when the inflation view is on the outs, gold is rising vs. stock markets, the eco...Read More
Craig Hemke of the TF Metals Report joins me for a fascinating conversation you will not want to miss. Craig tells me why we all need to pay attention to the white-hot palladium market right now and discusses the massive physical supply shortages there that have a chance to actually break the trading exchanges. He also suggests 2019 is poised to be the best year for gold and silver in nearly a de...Read More
In recent days we’ve seen the beginnings of an inversion in the yield curve.The 2-year yield and the 5-year yield have inverted but not yet the the 2-year yield and the 10-year yield, the curve that is watched most. However, “2s and 10s” as bond traders would say appear headed for an inversion very soon.We know that an inversion of the yield curve precedes a recession and bear ma...Read More
Would you go down to the railroad track and stand in front of an oncoming express train? - probably not, yet that is what many investors are doing, metaphorically speaking, by remaining long the stockmarket at this time. Last week, when the market dropped sharply, many observers talked about it "crashing", but a quick look at our 10-year chart for the S&P500 index below makes clear that the cras...Read More
By John MauldinMonetary Drug WithdrawalEuropean DisunionTrade ThreatsPuerto Rico, Cleveland, and San FranciscoSomeone asked recently how many times I had "crossed the pond" to Europe. I really don't know. Certainly dozens of times. It's been several times a year for as long as I remember.That makes me an extremely unusual American. Most of us never visit Europe, except maybe for a rare dream vac...Read More