It has been an odd and frustrating year for COMEX Digital Gold and Silver. However, conditions exist that could drive prices back to unchanged or evenContinue...Read More
"For years, John Edmonds engaged in a sophisticated scheme to manipulate the market for precious metals futures contracts for his own gain by placing orders Continue...Read More
It’s an over obsessed upon commodity, previously hyped for its (Hubbert’s) “peak” status by “experts” like T Boone Pickens and a whole clown show of promoters amplified by the media at the time.Now WTI Crude Oil has reached a thick resistance zone (as managed in NFTRH for the last couple of years) and may be breaking down from a peak of a whole other kind. Here...Read More
Dear Investor,While most traders have been watching the S&P, oil plunged 18% in October. In the process, crude broke below a key long-term trendline. You know what that means: It's an exciting potential opportunity.That's why we've got an exciting free event starting Tuesday, Nov. 6. We call it our Energy FreePass event, where we unlock our trader-focused Energy Pro Service for 3 days. It's fr...Read More
Those who focus on the U.S. national debt (and I'm one of them) keep wondering how long this debt levitation act can go on.The U.S. debt-to-GDP ratio is at the highest level in history (106%), with the exception of the immediate aftermath of the Second World War. At least in 1945, the U.S. had won the war and our economy dominated world output and production. Today, we have the debt without the gl...Read More
"Don't vote," argues political satirist P.J. O'Rourke - "it only encourages the bastards."On this Election Day, here we have a timely, if controversial proposal.It is a heresy upon the civic religion… and a slander against all crusaders who fought for the franchise through American history.Yet The Daily Reckoning blesses this undemocratic blasphemy with a wry, seditious wink.And, if we may s...Read More
If I had to choose between having my debit card declined at the grocery store or seeing an overdraft fee come up on my online statement - I'd take the embarrassment over the fee any day.Here's why…The average overdraft protection fee in the US is $34. Although it doesn't sound like much, it typically happens on transactions $24 or less.What's worse, the Consumer Financial Protection Bureau (...Read More
A look at how gold performed relative to stocks during the last U.S. recessionContinue...Read More
Dear Investor,While most traders have been watching the S&P, oil plunged 18% in October. In the process, crude broke below a key long-term trendline. You know what that means: It's an exciting potential opportunity.That's why we've got an exciting free event starting Tuesday, Nov. 6. We call it our Energy FreePass event, where we unlock our trader-focused Energy Pro Service for 3 days. It's fr...Read More
It’s an over obsessed upon commodity, previously hyped for its (Hubbert’s) “peak” status by “experts” like T Boone Pickens and a whole clown show of promoters amplified by the media at the time.Now WTI Crude Oil has reached a thick resistance zone (as managed in NFTRH for the last couple of years) and may be breaking down from a peak of a whole other kind. Here...Read More
- Eisman says U.K. is one of the biggest risks globally- He is betting against two UK banks in the lead up to Brexit- Eisman may short 50 other UK firms if "Trotskyite" Corbyn becomes UK PM- Eisman is famous for betting against the US housing market ahead of the 2008 subprime-mortgage crisisby Business Insider UKThe hedge-fund manager famous for betting against the US housing market ahead of...Read More
This week could prove to be a monumental week with the midterm elections beginning tomorrow. According to Bloomberg politics, "The 2018 midterms are the most closely watched, most expensive, and most fretted-about congressional elections in memory." The stakes are enormous, as the outcome could determine whether the status quo remains the same or if there will be some real changes in the way Washi...Read More
Source: Michael J. Ballanger for Streetwise Reports 11/02/2018Precious metals expert Michael Ballanger discusses recent moves in the stock market, as well as with precious metals equities.The best news I could ever impart upon the world of gold and silver owners would be that the Great Intervention Bull Market of 2009-2018 in common stocks has ended and that the world is going to gravitate bac...Read More
(Kitco News) - From all the precious and base metals, gold has the most to gain if equities see further losses, said Bloomberg Intelligence (BI), which is not ruling out the $1,400 an ounce level for gold.“Gold has the most upside if equities continue to decline, particularly if U.S. stocks give back more vs. the world. In this scenario, the dollar should decline and metals and broad commodi...Read More
Blue chips started the week with a strong showing, but FAANG fell behindU.S. stocks overcame a slow start to close near session highs, with the Dow notching a 190-point victory. A big day from Chevron (CVX) helped lead the charge, propping up the entire energy sector in the process, while a strong showing from financial stocks helped, as well. The gains came despite the uncertainty surrounding tom...Read More
Marijuana stocks are in "early internet" territory.Amazon's early investors walked away with over 79,000% in profits. And this same phenomenon is happening in the cannabis space right now.Remember, the dotcom bubble separated out the real companies from the fake.Which is why it's so important to "weed" out the companies that might not survive this volatile but opportune time.Now, the race has ser...Read More
NEW YORK (Reuters) - The S&P 500 and the Dow Jones Industrial Average rose on Monday, as oil prices lifted energy stocks and defensive sectors such as utilities and real estate were in demand as investors were cautious about Iran sanctions and U.S. congressional elections.The energy sector .SPNY, which has lagged the broader S&P 500 .SPX this year, was up 1.6 percent after the United Sta...Read More
LONDON (Reuters) - British finance minister Philip Hammond raised the prospect of looser budget policy after Brexit and said faster growth was the best way to cut Britain’s debt burden, but insisted he was still committed to ultimately running a budget surplus.Hammond’s annual budget last week reinforced some analysts’ doubts about his commitment to a budget surplus, after he use...Read More
NEW YORK (Reuters) - Wall Street stock indexes mostly rose on Monday, the eve of U.S. midterm elections to determine whether President Donald Trump’s Republican party retains control of congress and also ahead of a meeting of Federal Reserve policy makers.Oil prices rose in choppy trading after five days of heavy losses as the United States imposed a range of sanctions aimed at curbing expor...Read More
BRUSSELS (Reuters) - Euro zone finance ministers called on Italy to change its 2019 budget before a deadline set for next week, confirming Rome was isolated in the bloc over its row on fiscal rules.As some ministers evoked risks for the euro from the budget dispute, Italy’s Finance Minister Giovanni Tria said he was working on a compromise, an Italian official said, stressing Rome was not co...Read More