I sent this update to paid subscribers on Friday. It's critical, so I'm sharing it here with ALL Economy & Market readers today...Continue...Read More
On Friday, the market finally woke up to the reality of rising rates.The truth is that Central Banks have been printing money for too long, maintaining "emergency" levels of QE despite the fact the global economy is growing.This has unleashed inflation, which is forcing the bond market to drop. On Friday, stocks finally "got the memo" that conditions are too loose and the US Dollar is falling too...Read More
On the campaign trail, then-presidential candidate Donald Trump pledged to invest as much as $1 trillion in U.S. infrastructure if he were elected. Last week during his first State of the Union address, now-President Trump added half a trillion dollars more to that figure.The hefty price tag likely raised some eyebrows among Congress members, but Trump is right in aiming high to fix the country's...Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comTwitter: @Davcha12February 5, 2018"War is Hell but not for the Stock Market" Mark Hulbert, Barron's, April 20, 2017 The headline blared The Next War, The Economist, January 27, 2018. Yes, The Economist. The 175-year-old English-language weekly magazine newspaper was tackling the sensitive subje...Read More
CloseGain/LossGold $1336.30+$4.50Silver$16.70+$0.10XAU83.07-0.96%HUI185.80-1.19%GDM633.83-1.41%JSE Gold1200.17-28.72USD89.60+0.44Euro123.92-0.67Yen91.37+0.52Oil$64.15-$1.3010-Year2.731%-0.107T-Bond146.53125+1.75Dow24345.75-4.60%Nasdaq6967.53-3.78%S&P2648.94-4.10% The Metals: Gold gained $6.80 to $1338.60 in London before it drifted back towards unchanged in New York, but it then jumped to...Read More
Strengths ?Despite the headwinds of rising interest rates, gold was the best performing metal this week, although down slightly by 1.24 percent. Gold traders are bullish for the fourth week in a row after the yellow metal posted its biggest monthly advance in five months in January, according to Bloomberg's weekly survey. The government of India is presenting a policy to develop gold as an asset...Read More
On Friday, the market finally woke up to the reality of rising rates.The truth is that Central Banks have been printing money for too long, maintaining "emergency" levels of QE despite the fact the global economy is growing.This has unleashed inflation, which is forcing the bond market to drop. On Friday, stocks finally "got the memo" that conditions are too loose and the US Dollar is falling too...Read More
Full Article: Criminals smuggling gold into JapanBy: Julian RyallPolice in Nagoya have arrested six people in connection with the latest in a growing number of smuggling attempts. The six men were accused of illegally importing five gold bars on a Japan Airlines flight from Taiwan to Nagoya's Chubu Airport in July 2017.The 5kg of gold had a value of 22.8 million yen (US$210,000) but the smugglers...Read More
While investors are justifiably focused on what may be the opening crescendo of a long overdue sell-off in stocks, there is not, as of yet, as feverish a discussion of the parallel sell-offs in bonds and the U.S. dollar, which have been underway for at least a year and a half in bonds and 14 months for the dollar. I contend that this should be widely understood as the root causes of the jittery...Read More
Continue...Ray Dalio is an American businessman and founder of the investment firm Bridgewater Associates, one of the world's largest hedge funds. In 2012, Dalio appeared on the annual Time 100 list of the 100 most influential people in the world. In 2011 and 2012 he was listed by Bloomberg Markets as one of the 50 Most Influential people. Institutional Investor's Alpha ranked him No. 2 on their 2...Read More
Source: Michael J. Ballanger for Streetwise Reports 02/03/2018 Michael Ballanger discusses the latest developments in the precious metals sector. -->One of the things from which I occasionally enjoy a good chuckle is the insecurity displayed by bloggers or newsletter writers who are constantly in need of positive reinforcement derived by reminding readers of their "incredible market calls."...Read More
On Friday, the market finally woke up to the reality of rising rates.The truth is that Central Banks have been printing money for too long, maintaining "emergency" levels of QE despite the fact the global economy is growing.This has unleashed inflation, which is forcing the bond market to drop. On Friday, stocks finally "got the memo" that conditions are too loose and the US Dollar is falling too...Read More
Source: Jack Chan for Streetwise Reports 02/05/2018 Technical analyst Jack Chan charts the latest movements in the gold and silver markets. -->Our proprietary cycle indicator is up.The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.Gold sector is on a short-term sell signal. Short-term signa...Read More
We noted earlier that US equity futures were extending losses after the close, but the real panic action is in the volatility complex.Continue...Read More
By Keith WeinerSinging the song of rising ratesLast week, we took a break from the theme of the consumption of capital, for our annual Outlook 2018 report. We are going to leave the topic for one more week, while we address a market move which is on everyone's mind.Are interest rates now in a rising cycle?The Fed has been singing the song of rising rates since Yellen hinted at it in September 20...Read More
On Friday, the market finally woke up to the reality of rising rates.The truth is that Central Banks have been printing money for too long, maintaining "emergency" levels of QE despite the fact the global economy is growing.This has unleashed inflation, which is forcing the bond market to drop. On Friday, stocks finally "got the memo" that conditions are too loose and the US Dollar is falling too...Read More
By Ira EpsteinGold closes steady off but caught an after settlement bid as stock indices had a sharp sell-off.https://www.iraepstein.com/ Read More
The Dow Jones industrial average lost nearly 1,600 points briefly on Monday. The Dow also erased its 2018 gains.Continue...Read More
Most Americans have spent the last few years pressed up against the proverbial bakery window, watching the 1% enjoy a life of ever-increasing wealth and seemingly total indifference to the multitudes who aren't favored by zero interest rates, big trust funds and political/corporate connections.The one consolation for the have-nots has been that, by owning few stocks and bonds, they would suffer le...Read More