IstockphotoSold sign on a suburban home The numbers: U.S. pending home sales edged up 0.5% to a reading of 104.6 in September from 104.1 in August, the National Association of Realtors said Thursday. The consensus forecast among economists surveyed by Econoday was for no change. What happened: NAR's index, which tracks real estate contract signings, snapped a four-month losing streak. But it wa...Read More
Bloomberg News/LandovA 'For Sale' sign stands outside a newer home in Park Ridge, Illinois, U.S., Thursday, Nov. 6, 2008. Photographer: Tim Boyle/Bloomberg News Rates for home loans ticked up, and may be starting to take a toll on buyer demand, according to data out this week. The 30-year fixed-rate mortgage averaged 4.86% in the Oct. 25 week, up one basis point, mortgage finance provider...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average fell Friday but came off sharp lows from earlier in the session. The S&P 500 was declining, with the index headed for its seventh loss in eight days. Amazon.com Inc. (AMZN) fell 7.8% after a light revenue outlook and slower international growth from the online retailing giant.Alpha...Read More
Adam HamiltonArchivesOct 26, 2018 Gold and its miners' stocks have proven rare bastions of strength during recent weeks' market carnage. They are powering considerably higher while nearly everything else burns. The markets' major sentiment shift is accelerating a young gold upleg, which ought to grow much larger as speculators and investors continue returning. Their collective gold positioning rem...Read More
The Friday Market Minute Global stocks extend declines, setting up Wall Street for another rough ride, after disappointing third quarter earnings from Amazon and Alphabet after the close of trading Thursday.Amazon forecasts the weakest revenue growth in two years, while Alphabet's ad revenue slows, taking the shine off two key FAANG stocks amid a solid earnings seasons characterized by weaker-th...Read More
Max continues his interview with Alasdair Macleod of GoldMoney.com about the credit cycle turning. They also discuss if gold will finally shine, despite interest rates rising, and whether or not China is really planning on 'de-dollarization.'For Part 1 of this interview, CLICK HEREAlasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound...Read More
As the US Justice Department gets ready to investigate Kavanaugh "victim" Julie Swetnick for making false accusations againstContinue...Read More
Continue...Egon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland. Since the 1990s Egon von Greyerz has been actively involved with financial investment activities including mergers and acquisitions and asset allocation consultancy for private family funds. This led to the creation of Matterhorn Asset Management, an asset management company based on we...Read More
Gold and its miners’stocks have proven rare bastions of strength during recent weeks’ marketcarnage. They are powering considerablyhigher while nearly everything else burns. The markets’ major sentiment shift is accelerating a young gold upleg,which ought to grow much larger as speculators and investors continue returning. Their collective gold positioning remain...Read More
The human body is a system of systems. The human body is made up of a circulatory system, respiratory system, digestive system, and so on. If one of these systems stop, there is a good chance the body will be crippled or die.Likewise, a business is a complex system of interoperating systems. And like a body, if one of those systems fails, the whole business will either be crippled or die.When I am...Read More
Peter Schiff is an internationally recognized ecoanomist 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, Tim...Read More
Radio host, filmmaker and book author Steve Quayle says a second civil war has been brewing in America for a quarter century. Read More
What if the NRA, the Government, and many restrictive laws are gravely wrong about how the 2nd Amendment empowers the ordinary people of our United States to stand up against ALL forms of tyranny, foreign and domestic?Constitutional scholar Dr. Edwin Vieira PhD, JD, Joins Reluctant Preppers to break open what you're not being told about the 2nd Amendment, its true power, intent, and shocking scope...Read More
Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries. Read More
Ed Steer is the founder of Ed Steer's Gold and Silver Digest and a director at GATA.org.Read More
While most market watchers have grown numb to the headlines about various western bankers and traders rigging markets (from Libor to precious metals to FX), who receive wrist-slapsContinue...Read More
Beneath the rah-rah statistics of “the greatest economy ever,” the social depression is accelerating. The mainstream is reluctantly waking up to the future of the American Dream: downward mobility for all but the top 10% of households.A 2015 Atlantic article fleshed out the zeitgeist with survey data that suggests the Great Middle Class/Nouveau Proletariat is also waking up to a future...Read More
The tail is now where the head was generations ago, said 19th-century British historian Thomas Macaulay.Today, the "tail" of American society wallows in an opulence once reserved for its "head."The late political scientist James Q. Wilson:The poorest Americans today live a better life than all but the richest persons 100 years ago.Before air conditioning, for example, even the industrial titan hem...Read More
Gold and its miners’stocks have proven rare bastions of strength during recent weeks’ marketcarnage. They are powering considerablyhigher while nearly everything else burns. The markets’ major sentiment shift is accelerating a young gold upleg,which ought to grow much larger as speculators and investors continue returning. Their collective gold positioning remain...Read More
Gold and its miners’stocks have proven rare bastions of strength during recent weeks’ marketcarnage. They are powering considerablyhigher while nearly everything else burns. The markets’ major sentiment shift is accelerating a young gold upleg,which ought to grow much larger as speculators and investors continue returning. Their collective gold positioning remain...Read More