The stock market does not reflect the economic reality, and this overdue correction can be expected as soon as this fall, said Gerald Celente, publisher of The Trends Journal."I believe, September or October, we're going to see the markets unravelling the way they should. There's actually no reason for them to be going up, only a few stocks should be going up and the whole thing should be breaking...Read More
Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the NYSE. He i...Read More
There's been a lot of questions and concerns regarding the next most likely outcomes for us both socially and economically. And while I can't tell you exact what's going to happen, I can definitely prepare you for the top 3 scenarios. So today I'm going to show you how to protect yourself from inflation, deflation, and even confiscation.Lynette Zang has held the position of Chief Market Analyst at...Read More
Lynette Zang and Chris Rice discuss the digital dollar, digital ID, the Banking For All Act, and if we have time Blockchain voting & the USPS.Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and...Read More
Bob Kudla breaks down the economy, he explains how gold and silver and other precious rise and fall. Bob explains how the payroll tax cut holiday is going to benefit people and businesses, the tax cut puts more currency back into the people's pocket. Oil is a game changer, the US is now becoming energy independent and the same time keeping the oil price stable for the US population. Trump is looki...Read More
Regarding the sharp sell off on Wednesday, Hug lays the blame on lots of long positions that needed lightening ahead of the Fed announcement."They were just making sure that if the Fed said something different...they would be able to take some money off the table. And I think that caused the selling today," said Peter Hug, head of Kitco's precious metal division.Peter Hug has been involved in prec...Read More
Two renowned economists debate the political and economic climate and offer a unique "Washington to Wall Street" perspective on the long- and short-term implications of the Presidential election results on investors' portfolios.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Globa...Read More
"I just got banned from @Delta for posting a picture. Wow."Continue...Read More
China, on the other hand, "did a very good job of suppressing the virus," due to the "typical, fairly authoritarian" approach and the "individual rights that were violated."Continue...Read More
Back in the simpler days of 2019, there was this (now completely forgotten) impending crisis in which emerging market countries' dollar-denominated debt was going to blow up their - and by extension the rest of the world's - economies.Continue...Read More
Mohamed El-Erian, chief economic advisor at Allianz, joins "Squawk Box" to discuss how the economic recovery compares to the market's trajectory.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-E...Read More
"Amy, 11, becomes fascinated with a twerking dance crew. Hoping to join them, she starts to explore her femininity, defying her family's traditions."Continue...Read More
"COVID is now the No. 3 cause of death in the U.S. - ahead of accidents, injuries, lung disease, diabetes, Alzheimer's, and many, many other causes."Continue...Read More
Aben Resources states it will initially focus on testing a new target area with high-grade surface samples from outcrop. Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB) kicked off drilling at its Forrest Kerr gold project in British Columbia's Golden Triangle, it announced in a news release. The purpose, the company noted, is to test a new area, from which surface samples taken from outcrop returned...Read More
Troilus Gold Corp. reported it has been granted environmental regulatory approval to commence dewatering of Z87 and J4 Pits at its property located within the Frot?t-Evans Greenstone Belt. In a news release,Troilus Gold Corp. (TLG:TSX; CHXMF:OTCQB) announced that it has received a "Certificate of Authorization from the Minist?re de l'Environnement et de la Lutte contre les changements climatiques...Read More
Revival Gold is working to deliver a project preliminary economic assessment by year-end. Revival Gold Inc. (RVG:TSX.V; RVLGF:OTCQB) expanded this year's drill and geophysics programs at its Beartrack-Arnett gold project in Idaho, it announced in a >news release. "Revival Gold has ramped up to complete the biggest exploration program to be undertaken at Beartrack-Arnett since the 1990s," Presiden...Read More
Money manager Adrian Day provides updates on four companies in his portfolio, with several buys, and includes gold recommendations for new investors to buy. Ares Capital Corp. (ARCC:NASDAQ, 14.57), the largest Business Development Company ($6.2 billion market cap) had a good quarter, although lending activity (and associated fees) was muted, something the company expects to continue. In the event...Read More
Bob Moriarty of 321gold profiles a company with some prominent backers that began trading just in the last 10 days. We are in the correction that a few people accurately predicted. My gut tells me it will go into September but since the DSI predicted the top, I think the DSI will call the bottom. We have not had an all time high in either gold or silver but we did have something investors can tra...Read More
Ask precious metals' holders and chart technicians what in the last6-8 weeks stands out in their mind and they will point to the breakout of gold andsilver above areas which had contained them for almost a decade.Gold rocketed without pause to $2,070. Silver,though still well below record nominal dollar highs, sliced through $26, whichwas supposed to be a lid on prices until next year.A litany of...Read More
Do precious metals still represent good value?With gold justcoming off a new all-time high above $2,000/oz and silverhaving more than doubled off its March bottom, some investors may be wary ofentering these markets right now.However, when adjusted for inflation, whenmeasured against the stock market, or when compared to total money supply, astrong case can be made that gold is not yet overvalued...Read More