Velocity is a useless, inconsistent measure of something that has morphed over time yet never had an independent existence of its own. Attempting to predict prices from velocity or velocity from prices is a fool's mission.Continue...Mike "Mish" Shedlock is a registered investment advisor and representative for Sitka Pacific Capital Management. His articles about the the economy and investing onlin...Read More
Coddled investors, not taxpayers, should step up to the plate and fund the "daily cash burn."Continue...Read More
"During the April-June 2020 period of the COVID-19 pandemic, the initial SARS-CoV-2 load steadily declined among hospitalized patients with a corresponding decrease in the percent of deaths over time," Continue...Read More
"Elon Musk, Joe Rogan and Ben Shapiro, to name just a few, are leaving California to escape incompetent governance. The "response" from Sacramento? Wealth and massive income tax increases on job creators Continue...Read More
There's an increasing level of fear both in the US and worldwide. The Fed was looking for the administration to get another fiscal package to help move things forward. Economic data has been relatively benign. In Europe there's fear of another Covid wave. Peter doesn't expect the economy to shut down and he doesn't expect the Congress to do anything either. So it's highly doubtful that another sti...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comSep 29, 2020 For a look at some important price action on the daily gold chart, please click here now. Double-click to enlarge this short-term gold chart. There’s a double bottom pattern in play, and it comes as the reaction reaches decent support. Please click here now. Double-cli...Read More
Peter Krauth presents his investment case for silver. Are you fearful, or are you getting greedy?That's the question silver investors should be asking themselves now.Novices have been panicking, while seasoned investors are salivating at the opportunities.Silver has recently corrected by almost 8$ or 36% since peaking in early August. The drop to $22 brought it to less than half its all-time high...Read More
Irving Resources has entered into a binding option agreement to acquire the mining license for the Yamagano mine located in southern Kyushu, Japan. In a news release, Vancouver-based Irving Resources Inc. (IRV:CSE; IRVRF:OTCBB) reported that it has "signed a binding option agreement with Shimadzu Ltd. to acquire the 5.2 sq km Yamagano mining license, site of extensive historic high-grade gold vei...Read More
RESEARCH HIGHLIGHTS:Uncertainty and cycle events will likely lead to continued Gold and Silver price appreciation until the cycle events end (likely in 2024 or 2025).The gold/silver ratio chart shows very clear levels of support and resistance. With the next targets $2,000-$2,250, $3,200 then $5,500+.Extended basing may continue for the next 2 to 4+ months.I have received many comments and questio...Read More
PRIVATE BLOG - Gold MinersPrivate blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
Sep 30, 2020 Guest(s): Dambisa Moyo Even before the economic crisis of 2020, structural problems already manifested in the economy and the workforce, said Dambisa Moyo, world-renowned economist and best-selling author, who warned of the dangers of neglecting these threats.Moyo pointed to the declining labor force participation rate that has been a long-term trend, the failure of governments to...Read More
Oct 01, 2020 "In 2008, people were worried about losing their homes, or their second homes, or their third homes, or things of that nature. Now, you have people that don't know necessarily if the stimulus check doesn't come, where their next meal is coming from. That kind of fear changes behaviors across everything," said Jason Urban, CEO of Drawbridge Lending and former institutional trader at Go...Read More
RESEARCH HIGHLIGHTS:Uncertainty and cycle events will likely lead to continued Gold and Silver price appreciation until the cycle events end (likely in 2024 or 2025).The gold/silver ratio chart shows very clear levels of support and resistance. With the next targets $2,000-$2,250, $3,200 then $5,500+.Extended basing may continue for the next 2 to 4+ months.I have received many comments and questio...Read More
RESEARCH HIGHLIGHTS:Uncertainty and cycle events will likely lead to continued Gold and Silver price appreciation until the cycle events end (likely in 2024 or 2025).The gold/silver ratio chart shows very clear levels of support and resistance. With the next targets $2,000-$2,250, $3,200 then $5,500+.Extended basing may continue for the next 2 to 4+ months.I have received many comments and questio...Read More
(Adds graphic) * Dollar off two-month high after best week in almost sixmonths * Big net short dollar position points to chance of furtherrise * Euro hampered by concerns about infections * Turkish lira at record low as rate hike boost fades * Graphic: World FX rates in 2020 By Ritvik CarvalhoLONDON, Sept 28 (Reuters) - The dollar hovered near atwo-month peak against a basket of currencies on Mond...Read More
* Graphic: World FX rates in 2020* Graphic: Trade-weighted sterling since Brexit vote (Adds latest news and updates prices)By Olga CotagaLONDON, Sept 28 (Reuters) - The British pound rose more than1% on Monday on hopes that Britain could secure a Brexit tradedeal with the European Union by October or at least avoid acliff-edge exit from the bloc.The EU and Britain kicked off a decisive week of tal...Read More
* Premium for cash over 3-month copper reverses to adiscount * Eyes on surveys of China's manufacturing sector (Updates prices, adds dollar impact)By Pratima DesaiLONDON, Sept 28 (Reuters) - Copper prices firmed on Mondayas expectations of robust demand from top consumer Chinasupported sentiment, but doubts about longer-term prospects anda jump in London Metal Exchange stocks capped gains.Benchmar...Read More
A lump-sum payment in digital dollars for all Americans during a recession or to raise inflation as an alternative to QE and negative interest rates, which have failed.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)...Read More
Consistently bullish on China, Mr. Rogers spoke with us amidst the global coronavirus pandemic about the on-going trade war and tech war between the US and China, the stimulus, and the future of global trade and finance. With Huawei at the center of the global technology competition, Mr. Rogers sheds wisdom, drawn from history, on the shifts of global technological leadership over the modern Indus...Read More
Andrew Maguire is an Independent London Metals Trader and Analyst, internationally renowned for his unique ability to read the precious metals market with the knowledge and experience gained over 35 years trading in financial and commodity markets. Andrew sits on the advisory board of a global physical bullion exchange and is a consultant advisor to many international hedge fund managers, bullion...Read More