We have been here several times before over the last year.The market has bottomed, provided us with a strong rally, but has failed to confirm the major break out for which we have been looking. As I noted over the weekend, the 144-minute silver chart has been quite prescient in identifying turns in this market.And, it has still not yet failed us.But, the question is what type of turn are we seeing...Read More
In January the stock market recorded all-time highs in its strongest start since 1987, as investors gave a "thumbs up" to the Trump growth agenda of massive tax cuts, infrastructure spending and a loosening of regulations. Business too gave a "thumbs up" for an economic recovery that was tentative for so long but finally is taking root. And, few care that Mr. Trump's spending and slashing of taxes...Read More
Gold rose as the dollar fell to near a three-year low against a basket of currencies on Friday, heading for its biggest weekly loss in nine months, as a slew of bearish factors including firming inflation and a fall in retail sales and industrial production hit the dollar.Gold in USD - 10 Years - (GoldCore)U.S. producer prices accelerated in January, boosted by strong rises in the cost of gaso...Read More
As a general rule, the most successful man in life is the man who has the best informationBy Richard (Rick) MillsThe stock market pullback of the last couple of weeks has shown that markets are jittery, and will likely be volatile for awhile as investors keep a vigil on rising bond yields (inflation) and potential interest rate hikes. In these uncertain times, one sector that appears to be holdi...Read More
US economics is extremely predictable. It doesn't matter who is President and what party he comes from. Because every president will spendContinue...Read More
Full Article: What Does a Broad Stock Market Correction Mean for Gold Stocks?By: Katusa ResearchDuring Volmageddon, we experienced the largest one-day point drop ever for the S&P 500 at 113.19 points, but an overall drop of 124.21 points within 24 hours.February 5th was the largest one-day point drop, it was nowhere near the all-time largest decline in percentage for one day. The largest one-da...Read More
The gold miners' stocks weathered the recent stock-market plunge really well. As evident in their leading GDX ETF, they were already beaten down before stock markets started falling. The resulting explosion of fear bled into GDX, forcing it even lower. Nevertheless, no major technical damage was done. GDX remained well within its consolidation trend channel and is still within striking distance of...Read More
It's mid-winter, which means millions of high school seniors are winding up their childhoods and planning for what comes next. For many this next stage is college. But in yet another example of how we baby boomers have rigged the system in our favor at the expense of pretty much everyone else, student loans - barely necessary when most boomers graduated 40 years ago - have become a life-defining...Read More
This conversation with Tony Deden didn't make it into the final cut of his recent Real Vision 2-part interview, so you'll sure as hell want to see what did. Watch the Grant Williams series on Real Vision and become a great investor: http://rvtv.io/2syx4qhIn Part I, Grant travels to Grindelwald, Switzerland for the first-ever interview with Tony Deden, chairman of Edelweiss Holdings. Tony's focus o...Read More
This article and another were written for Miles Franklin. Read them here and here. Since this article was written in early January stock indices have bubbled higher. Some analysts have dreamed of a "melt-up" for stock markets. Regardless, bubbles crash eventually.The DollarDream Gig: The Secret to Success Across every business or industry, there are four universal drivers that can cause slow inter...Read More
By Nathan McDonaldOver the past month, we have heard a growing roar of dissent and fear as people within the United States and around the financial world worried about a rapidly approaching deadline. A deadline, that if reached, would spell disaster for all! This deadline self-imposed by Congress is an artificial ceiling put in place to reign in the controls of big government and keep it in chec...Read More
Casablanca Markets... As I watched Wednesday's CPI (inflation) number reported by the Commerce Department, I was immediately reminded of that classic scene from legendary WWII flick "Casablanca" where Claude Rains, playing police Captain Renault, shuts down Humphrey Bogart's casino/nightclub with the immortal words "I shocked, SHOCKED to find o...Read More
"You may have a higher price, but you have jobs." Continue...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort251,86076,25464,242150,847345,383466,949485,879Change from Prior Reporting Period -21,968-6,6973,685-7,803-18,718-26,086-21,730Traders17279744461251183 Small Speculators LongShortOpen Interest 44,79625,866511,745 2,510-1,846-23,576 non reportable positionsChange from the previous...Read More
Having a subscription to TFMetals Report is truly awesome. The knowledge that flows through that site, even on the free side, is truly remarkable. I was reading what Craig had to say about gold and silver making that huge move on Wednesday Feb 14, as I wasn't really able to find anything to support these "moon shots" that happened soon after the COMEX opened but of course, Mr. Hemke had it all und...Read More
Construction in America is returning to levels last seen before the Great Recession.Continue...Read More
The gold miners' stocks weathered the recent stock-market plunge really well. As evident in their leading GDX ETF, they were already beaten down before stock markets started falling. The resulting explosion of fear bled into GDX, forcing it even lower. Nevertheless, no major technical damage was done. GDX remained well within its consolidation trend channel and is still within striking d...Read More
Gold rose as the dollar fell to near a three-year low against a basket of currencies on Friday, heading for its biggest weekly loss in nine months, as a slew of bearish factors including firming inflation and a fall in retail sales and industrial production hit the dollar.Gold in USD - 10 Years - (GoldCore)U.S. producer prices accelerated in January, boosted by strong rises in the cost of gasoli...Read More
"Nobody should think it is OK to change your name to something that involves blockchain when you have no real underlying blockchain business plan and try to Continue...Read More
By U.S. Global InvestorsChinese New Year, also known as Lunar New Year, is a festival celebrated at the turn of the lunisolar Chinese calendar for 15 days until the next full moon. During this period many people are off work, visit extended family, clean their homes thoroughly and surround themselves with lucky symbols for good fortune in the coming year.Discover more about how the Chinese New Y...Read More