Dear Reader,If you're looking for answers as to why the US financial system is the way it is... or have questions about what's coming down the pike in the financial markets, pick up a copy of our bestselling book The Everything Bubble: The End Game For Central Bank Policy on KINDLE today.If you've yet to pick up a copy, grab one now. You'll immediately know more about how the financial system work...Read More
The Fed is lying about inflation.How do I know?Because several of the Fed's OWN in-house inflation measures are roaring.The New York Fed's UIG inflation measure is currently clocking in at 3.06%.The Atlanta Fed's "sticky" inflation measure is growing at an annualized rate of 2.2%.Even the Fed's heavily massaged Personal Consumption Expenditures (PCE) metric is growing at 1.8% on an annualized basi...Read More
By Frank HolmesStrengths? The best performing metal this week silver, down 1.13 percent. Gold traders were split this week between bullish and bearish outcomes, according to the weekly Bloomberg survey. The yellow metal is on its best run since 2011 as it wraps up a third consecutive quarter of gains and exchange-traded funds backed by bullion are also near the highest in five ye...Read More
By Keith WeinerThis topic is so timely and so important, that we publish this special report in lieu of our normal weekly Supply and Demand Report.After our recent article debunking manipulation, we got a phone call from a man whom we will call Jim Bailey (all names have been changed to protect the innocent and the guilty). Jim worked on the London gold desk at a major financial institution. He...Read More
One of the Baby Boomers biggest concerns about retirement is the cost of healthcare. It's a big problem. I have a concierge doctor, who I pay a fixed annual fee. Continue...Read More
SHANGHAI, Apr 2 (SMM) – This is a roundup of global macroeconomic news last weekend and what is expected today.Last weekendThe US dollar index edged down below 90 with limited upward momentum, while base metals rose across the board. SHFE nickel jumped over 2.5%, lead surged over 2%, tin rose 1.7%, while zinc, aluminium and copper were up some 1%.China’s official manufacturing purchasi...Read More
The Fed is lying about inflation.How do I know?Because several of the Fed's OWN in-house inflation measures are roaring.The New York Fed's UIG inflation measure is currently clocking in at 3.06%.The Atlanta Fed's "sticky" inflation measure is growing at an annualized rate of 2.2%.Even the Fed's heavily massaged Personal Consumption Expenditures (PCE) metric is growing at 1.8% on an annualized basi...Read More
? The best performing metal this week silver, down 1.13 percent. Gold traders were split this week between bullish and bearish outcomes, according to the weekly Bloomberg survey. The yellow metal is on its best run since 2011 as it wraps up a third consecutive quarter of gains and exchange-traded funds backed by bullion are also near the highest in five years. Following two takeov...Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comTwitter: @Davcha12April 2, 2018 "Every time I get accustomed to low volatility, like we were towards the end of the Greenspan era, and we think we have all the levers under the control... something erupts to remind us that the idea that anybody is in control of everything is hubris." Lloyd Blan...Read More
Source: Michael J. Ballanger for Streetwise Reports 03/31/2018 Precious metals expert Michael Ballanger finds that lots of quotes from classic films apply to silver and gold's current situation. -->In the context of relative performance, silver could easily assume the role of Terry Malloy (Marlon Brando in "On the Waterfront" [1954]) when he looks at his older brother and says: "I coulda ha...Read More
Justin's note: Imagine not being able to board a plane because you forgot to pay your water bill... or being denied access to a train because you jaywalked.Continue...Read More
The following is authored by Mr. John Exter (ex-New York Fed Vice President): Now that the international monetary system we have long known has broken down, and the world is groping through monetary reform for a new one, it is time to consider some fundamentals.What is money anyway?First, it is a means of payment or medium of exchange. I prefer that first phrase. It is simpler. We all use mone...Read More
By Dave KranzlerThere is plenty of dysfunction in plain sight to suggest that the financial markets can't bear the strain of unreality anymore. Between the burgeoning trade wars and the adoption in congress this week of a fiscally suicidal spending bill, you'd want to put your fingers in your ears to not be deafened by the roar of markets tumbling - James Kuntsler, "The Unspooling"Many of you ha...Read More
You don't have to be a chartist to discern the weight of supply sitting on the stock market right now. The steep pitch of early February's plunge tells us that many investors were caught completely by surprise. Although some undoubtedly expect shares to binge anew to untold highs, it's possible that even more are waiting for a strong upswing that would allow an exit with less-than-stellar gain...Read More
In the context of relative performance, silver could easily assume the role of Terry Malloy (Marlon Brando in "On the Waterfront" [1954]) when he looks at his older brother and says: "I coulda had class. I coulda been a contender. I coulda been somebody, instead of a bum, which is what I am, let's face it." And make no mistake, silver has behaved like a bum, without class, never in contention, and...Read More
By Graham Summers The Fed is lying about inflation. How do I know? Because several of the Fed's OWN in-house inflation measures are roaring.The New York Fed's UIG inflation measure is currently clocking in at 3.06%.The Atlanta Fed's "sticky" inflation measure is growing at an annualized rate of 2.2%.Even the Fed's heavily massaged Personal Consumption Expenditures (PCE) metric is growing at 1...Read More
The Federal Reserve recently increased interest rates to 1.75 percent. This is the highest interest rates have been since 2008, but it still leaves rates at historic lows. While the Fed says economic growth justifies future rate increases, an honest examination of the economy suggests that future rate increases are unlikely.The Fed's claim that the economy is strong is based on misleading governme...Read More
- UK high street and wider consumer market feeling effects of financial crisis, Brexit and inflation- 350,000 retails jobs expected to disappear between 2016 and 2020- Centre for Retail Research predicts 9,500 shops to close this year and 10,200 in 2019- UK is 'worst performing' European market for new car registrations - Moody's- UK's growth outlook is the 'worst in the G20' - Institute of Fisc...Read More
Current Position of the MarketSPX: Long-term trend - The bull market is continuing with a top expected in the low 3000s.Intermediate trend - The intermediate correction from 2873 should now continue until May.Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of l...Read More
By John MauldinVelocity and DebtMissing ReflationGenerational DifferenceIncome DisparityDeficit HeadacheTech TroubleMonetary MadnessCharlotte, Fort Lauderdale, Chicago, and RaleighHere in Texas you know spring is here when our state flower, the bluebonnet, pops up everywhere. I was at the Masters in Augusta last year, and the azaleas were beautiful. But they are cultivated and take a lot of work...Read More