News, Commentary, Charts and Videos You May Have MissedHere is our Friday digest of the important news, commentary, charts and videos we were informed by this week.Market jitters and volatility have returned this week and the sell-off in US government bonds led to sharp falls on Wall Street centered on the very overvalued tech sector and the NASDAQ.(Bloomberg)Gold is 1.3% higher for the week as...Read More
Full Article: Gold: Ready, Set, Go! Were You Really Ready?By: Przemyslaw RadomskiThe previous week is over and even though we haven't seen any significant volatility in its final part, it doesn't mean that we haven't seen any meaningful signals. We did and one of them has important implications for the short-term and a few others have much more important implications of the medium-term nature....Read More
CloseGain/LossOn WeekGold $1218.00-$4.70+1.24%Silver$14.61+$0.06-0.14%XAU69.28-0.99%+5.79%HUI153.30-0.59%+6.88%GDM550.27+0.04%+6.05%JSE Gold1154.31-1.65+10.59%USD95.28+0.26-0.36%Euro115.59-0.39+0.30%Yen89.18-0.03+1.43%Oil$71.34+$0.37-4.04%10-Year3.153%+0.009-2.66%Bond138.46875-0.375+0.93%Dow25339.99+1.15%-4.19%Nasdaq7496.89+2.29%-3.74%S&P2767.13+1.42%-4.10% The Metals: Go...Read More
QUESTION: Mr. Armstrong; Your Global Market Watch picked the high in the S&P as September and called for a waterfall on the monthly level. That was amazing. Yet, with the stock market crash, gold could not even rally above the previous week’s high. If the bonds look like death warmed over, equities crash, then surely gold should have rallied but it could not overcome its own weight. Is...Read More
Cities across the country are done with Columbus Day. San Francisco has done it. Cincinnati's done it. And most recently, Columbus, Ohio-a city named after Christopher Continue...Read More
"Given the activity we've seen - and its timing ahead of the US midterm elections - we wanted to give some details about the types of behavior that led to this action," Continue...Read More
With the recent plunge in the S&P 500 of over 5%, has the long-anticipated (and long-overdue) market correction finally begun?It's hard to say for certain. But the systemic cracks we've been closely monitoring definitely got an awful lot wider this week.Continue...Read More
A lawsuit conerning whether or not race has been used as a factor in U.S. college admissions will go to trial in Boston on Monday, when Harvard University Continue...Read More
Magdalene Altidor lost her home to foreclosure during the last financial meltdown, but she's ready to jump back into another subprime mortgage in 2018Continue...Read More
Continue...Marin Katusa has worked directly with and financed many companies of well-known individuals in the resource industry and has become one of the most trusted and well connected dealmakers in the junior resource sector. During this time, he has become one of the most successful portfolio managers in the resource sector, such as his 2009 Fund Partnership (KC50 Fund, LLC) which has outperfor...Read More
Oct 15, 2018 Guest(s): Alain Corbani Head of Commodities, Finance SA Alain Corbani, head of commodities at Finance SA, said that these two clues may hint at the next peak on gold. "At $1,200, gold mines are breaking even, so $1,200 is the bottom. That's the first answer I can give you. The second one is that usually the cycle peaks when the net margins of the industry exceed 25%," Corbani told K...Read More
Oct 15, 2018 Guest(s): Ivan Bebek Executive Chairman, Auryn Resources Miners and gold producers are at an optimal point in the cycle for investors looking to buy, this according to Ivan Bebek, executive chairman of Auryn Resources. "The opportunity in gold exploration, or gold companies in general, to buy them or invest in them in this low point, will never be seen for another decade," Bebek tol...Read More
Oct 15, 2018 Guest(s): Gerald Celente Publisher, The Trends Journal Destabilization around the world is showing signs with global currencies "collapsing," said Gerald Celente, publisher of the Trends Journal. "It's beyond Italy. It's going on in all the emerging markets and the developed nations," Celente told Kitco News. Celente said that the new Italian government is reflective of the broader...Read More
Tesla claims that all vehicle orders placed by October 15th will still be eliginble for the tax credit and delivered by December 31, 2018, Continue...Read More
People think investing is risky.When I was growing up, my poor dad believed this. Because he valued comfort and security, he felt that smart people got a good job and saved their money. He would say things like, "Do you think money grows on trees?" or "Do you think I'm made of money?"My rich dad, on the other hand, felt that my poor dad's plan was risky. He aspired to own his own businesses and to...Read More
Economist, investment banker, and author James Rickards discusses interest rates, the stock market, the US economy, precious metals, the risk of financial calamity, the future of the Fed and much more.*This interview was published on Oct 12, 2018Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist a...Read More
The Intercept reported an interesting story that I missed a few weeks ago. Surprisingly (lol), Google did not respond to a request for comment on this story.Continue...Read More
*This interview was first published on 10/12/18James Rickards discusses interest rates, the stock market, the US economy, precious metals, the risk of financial calamity, the future of the Fed and much more.Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department o...Read More
Gold has been quite a show overnight, rallying from the pivot on broad dollar weakness and in a sigh of relief from market participants on the back of the US PI data coming in below market expectations. Gold is currently resting up at $1,224.37 highs having travelled throughout the week so far from the depths of this weeks business down at $1,182. Headline CPI rose only slightly by 0.1% (0...Read More
NUSA DUA, Indonesia, Oct 12 (Reuters) - A seniorInternational Monetary Fund official said on Friday it was "tooearly" to talk about normalising monetary policy in Japan, as itwill take a long time to achieve the Bank of Japan's 2 percentinflation target"Do you think it's time for the Bank of Japan to exit easypolicy? The short answer is no," Odd Per Brekk, deputy directorof the...Read More