There aren’t many investment scenarios you can point to with any degree of certainty and say, “This asset is going to rise.” Saying so is usually fraught with risk, even if in hindsight it turns out to have been an accurate call.But there are certainly times when you can see that the odds are heavily stacked in your favor. And we have one of those potential scenarios right now in...Read More
The amount of gold mined in a year is only about 1.5% of the total existing stock of gold, which is why changes in gold production have almost no effect on the gold price. It is also why changes in the cost of mining gold do not affect the gold price. In fact, cause and effect works the other way around the change in the market price of gold determines, with a lag, the average cost of mining g...Read More
"I would also point out the administration is really heteronormative about [Valentine's Day] which is kinda f***** up." Continue...Read More
By Gary SavageThis video examines the current daily cycles in the dollar and euro and suggests caution is warranted for the gold market.https://blog.smartmoneytrackerpremium.com/ Read More
We live in very specific times. Gettinga “like” on a post or picture becomes a necessary daily activity and means ofself-validation. Not “liking” something that others posted or that is massively“liked” like may be frowned upon or even viewed as being disrespectful. Plus,it seems that no matter what you do, everyone gets offended very easily. Whendid honesty, in...Read More
As I've been stating for weeks now, inflation is the big theme for 2018. Even the Fed's ridiculous CPI measure is coming in higher than expected (though real inflation is now at 3%).Why is this a big problem?Because inflation is going to:1) Either blow up the Everything Bubble2) Force Central Banks to become more hawkish, thereby draining liquidity from the stock market.As I outlined in my...Read More
By Steve St. AngeloAfter the U.S. Government passed the new budget and debt increase, with the President's signature and blessing, happy days are here again. Or are they? As long as the U.S. Government can add debt, then the Global Financial and Economic Ponzi Scheme can continue a bit longer. However, the days of adding one Dollar of debt to increase the GDP by two-three Dollars are gone...Read More
As I've been stating for weeks now, inflation is the big theme for 2018. Even the Fed's ridiculous CPI measure is coming in higher than expected (though real inflation is now at 3%).Why is this a big problem?Because inflation is going to:1) Either blow up the Everything Bubble2) Force Central Banks to become more hawkish, thereby draining liquidity from the stock market.As I outlined in my...Read More
Self-destruction usually happens in stages. At first there's a binge in which the thrill outweighs the sense of transgression. This is Continue...Read More
By George SmithAs people age we sometimes hear them say it beats the alternative, which is usually left unsaid. It's an old joke technology aims to eliminate by treating aging as a disease and curing it. But there's another sense in which the alternative is assumed to be far worse than the present condition. I'm referring to the type of government almost all people live under, which is th...Read More
OnMonday, oil bulls extended gains after Friday's invalidation of the breakout,which together with the buy signal generated by the Stochastic Oscillatorsuggest further improvement. A least at the first sight. But does watching theroom through the keyhole give us a full picture of what's inside? We also thinkso, therefore, we invite you to analyze a broader picture of crude oil.Let’sanalyze t...Read More
CloseGain/LossGold $1352.10+$22.80Silver$16.87+$0.30XAU85.50+5.49%HUI189.40+4.96%GDM641.91+4.24%JSE Gold1173.26+2.95USD88.95-0.74Euro124.58+1.07Yen93.49+0.71Oil$60.60+$1.4110-Year2.911%+0.082T-Bond143.50-1.0625Dow24893.49+1.03%Nasdaq7143.62+1.86%S&P2698.63+1.34% The Metals: Gold gained $7.60 to $1336.90 in Asia before it dropped back down to $1318.50 just after this morning's inflation dat...Read More
By Frank HolmesThe U.S. has been a net importer of energy since 1953, but that's set to change early next decade, according to the Energy Information Administration (EIA). In its highly anticipated Annual Energy Outlook 2018, the agency forecasts that the U.S. will become a net exporter of energy by as early as 2022, thanks in large part to the boom in shale oil and liquefied natural gas (LNG) p...Read More
As I've been stating for weeks now, inflation is the big theme for 2018. Even the Fed's ridiculous CPI measure is coming in higher than expected (though real inflation is now at 3%).Why is this a big problem?Because inflation is going to:1) Either blow up the Everything Bubble2) Force Central Banks to become more hawkish, thereby draining liquidity from the stock market.As I outlined in my...Read More
The market finally had a pullback. Was it just a 3 day event or is this just the beginning? Paper profits aren't real money until you sell or liquidate. It's always better to sell before the crash, but why are so few unable to execute? It's all tied into the human psyche. Dopamine is so good, we want the good times to keep rolling along. But they don't and you need to be prepared. Otherwise, you'l...Read More
By Ira EpsteinGold rallies sharply off of inflation as shown in today's US CPI numbers.https://www.iraepstein.com/ Read More
VANCOUVER, BRITISH COLUMBIA / February 14, 2018 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) is pleased to announce the Company has commenced joint brine testing with four Chilean mining companies at multiple salars (the "Projects") located throughout Chile. The Projects are at various stages of development. The purpose of joint testing is to provide a basis...Read More
The U.S. dollar has been bleeding recently, despite all the Fed's tightening efforts and the passage of Trump's tax cuts. An accelerating economy, rising interest rates and pro-growth reforms should logically drive the value of the American currency. But they didn't.Given the strong negative correlation between the greenback and gold, finding the cause behind the dollar's wounds is highly crit...Read More
As I've been stating for weeks now, inflation is the big theme for 2018. Even the Fed's ridiculous CPI measure is coming in higher than expected (though real inflation is now at 3%).Why is this a big problem?Because inflation is going to:1) Either blow up the Everything Bubble2) Force Central Banks to become more hawkish, thereby draining liquidity from the stock market.As I outlined in my...Read More
*Peter's audio volume improves around the 7:00 minute mark.The interview covered many topics from government debt, gold, bitcoin, fiat currencies like the US dollar, trade deficits.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 Global Strategist of Euro Pacific Capital. He freque...Read More