- Shrinkflation continues to take hold across UK, Ireland and US for sixth year running- Shrinkflation sees consumers gets less product, but at the same or increased price- 2,500 products have shrunk according to Office of National Statistics in UK- Reported inflation is between 1.7% and 3% but actually much higher- Shrinkflation is financial fraud, unreported inflation in stealth mode- Gold...Read More
Not strong, not weak but strategically benignBy Michael J. KosaresTrump-Mnuchin qualifiers in dollar statements tell all"While it's [a strong dollar] described as a desirable and intended thing, it might not be a choice. The size of dollar holdings of reserves (in dollar-denominated debt) and the dollar's role as the dominant world currency are anachronisms and large relative to what one would w...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
Singing 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 2014. The Fed's fir...Read More
"We cannot tolerate pervasive and persistent misconduct at any bank," Janet Yellen said Friday.Continue...Read More
The big question is if has gold topped out for the short term. Traders are expecting a March interest rate hike by the Federal Reserve after nonfarm payrolls. My 2018 analysis is based on four interest rate hikes this year. I expect gold price to rise despite four interest rate hikes by the Federal Reserve. Only the pace of rise and pace of fall will not be as per trader expectation. Asian gold...Read More
By Clint Siegner The meteoric rise of crypto-currencies, including Bitcoin, captured the attention of many precious metals investors last year. Crypto's potential to serve as private and decentralized currency - beyond the reach of bankers (central and otherwise) to corrupt and control - is an alluring combination for some speculative members of "honest money" crowd. Investors are currently tr...Read More
I've spent over thirty years analyzing markets and have noticed an interesting correlation between the Wall St. Markets (stocks, interest rates) Gold (and the mining shares), the Dollar Index and Oil. In the charts below, I describe what I call "shadows" of the past and how they repeat certain patterns.Right now I know that traders are concerned with rising interest rates, but at this point in the...Read More
By Frank HolmesStrengths? 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 p...Read More
Current Position of the MarketSPX: Long-term trend - The bull market is continuing with a top expected in the low 3000s.Intermediate trend - Is this an intermediate-term top? Perhaps not yet!Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of longer market trend...Read More
By Avi GilburtFor those that follow me regularly, you will know that I have been tracking a set up for the VanEck Vectors Gold Miners ETF (NYSEARCA:GDX), which I analyze as a proxy for the metals market. I believe that the GDX can outperform the general equity market once we confirm a long term break out has begun, and I think we can see it in occur in early 2018. But, that will depend if the ma...Read More
As you are, or should be, aware the big market plunge on Friday came as no surprise to us - it was predicted just a few days before in the article BROAD US STOCKMARKET MELTUP update, in which the point was made that habitual victims Mom and Pop were at last getting stuck into the market, making the danger of a violent reversal even greater.So what now? - does Friday's savage drop mark the start of...Read More
By David HaggithThe sweet grande dame of the central bankster world sees nothing but the brightest future to the furthest horizons for the markets she has been nurturing with her benevolent "wealth effect," as one of her close colleagues called it. While Grandpa Greenspan routinely warns now that stock and bond markets are in bubbles, Grandma Yellen says,I don't want to label what we're seeing a...Read More
As you are, or should be, aware the big market plunge on Friday came as no surprise to us - it was predicted just a few days before in the article BROAD US STOCKMARKET MELTUP update, in which the point was made that habitual victims Mom and Pop were at last getting stuck into the market, making the danger of a violent reversal even greater. So what now? - does Friday's savage drop mark the star...Read More
- Shrinkflation continues to take hold across UK, Ireland and US for sixth year running- Shrinkflation sees consumers gets less product, but at the same or increased price- 2,500 products have shrunk according to Office of National Statistics in UK- Reported inflation is between 1.7% and 3% but actually much higher- Shrinkflation is financial fraud, unreported inflation in stealth mode- Gold...Read More
The big question is if has gold topped out for the short term. Traders are expecting a March interest rate hike by the Federal Reserve after nonfarm payrolls. My 2018 analysis is based on four interest rate hikes this year. I expect gold price to rise despite four interest rate hikes by the Federal Reserve. Only the pace of rise and pace of fall will not be as per trader expectation. Asian gold...Read More
QUESTION: Mr. Armstrong; I use to listen to the Goldbug analysts but they never change. Now the pitch is you have to protect your wealth from stock and bond market crash. They say that with the current equity bull market among the longest on record and the beginning of a bond bear market, once again they say you have to buy only gold. Being the skeptic that they have made me, is there any histori...Read More
Peter KrauthGold prices spent the last week consolidating lower. Despite the pullback, I remain bullish on gold prices in 2018 and will show you my price target for March in just a moment.Gold's biggest nemesis last week was an overbought condition rather than the dollar, since the greenback is back to nearly the same levels.What has changed is sentiment. Quite simply, gold was overbought, and the...Read More
Feb 06, 2018 Guest(s): Doug Casey Best-selling Author The trending investment themes today, like cryptocurrencies and marijuana stocks, are too overbought to get in right now, said best-selling author Doug Casey. "I'm up maybe 50 to one on [bitcoin]" Casey told Kitco News on the sidelines of the Vancouver Resource Investment Conference, "but I can't recommend something to people after it's gone...Read More
Feb 06, 2018 Guest(s): Frank Holmes CEO, U.S. Global Investors Bitcoin has fallen more than 60% since its December highs, but one prominent investor thinks that this is not a sign of the "bubble" bursting, and the largest digital currency still has more room to grow. "Bitcoin is a unique animal," Frank Holmes, CEO of U.S. Global Investors, told Kitco News on the sidelines of the Vancouver Resour...Read More