The official U.S. national debt, ignoring off-balance sheet liabilities, unfunded liabilities, "missing money" and fudging was:Sept. 30, 2016 $19.573 trillionOctober 2, 2017 $20.347 trillionOne year increase $0.774 trillion or $774,000,000,000Convert those excess expenses to $20 bills (from the ATM). That makes 38.7 billion $20 dollar bills. Each bill weighs 1 gram. The paper bills representing th...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort298,32791,06557,648154,690379,766510,665528,479Change from Prior Reporting Period -7,485-63-6,875-6,768-16,244-21,128-23,182Traders18286734556262185 Small Speculators LongShortOpen Interest 48,66730,853559,332 -1,96193-23,089 non reportable positionsChange from the previous repor...Read More
"The RMB has had a difficult year in 2017 and struggled to realize its potential for growth," Swift's head of payments markets for Asia Pacific said in a statementContinue...Read More
The blockchain has discovered gold (or gold has discovered the blockchain). Either way, this means several things. First, the decades-long dream of a gold-backed cybercurrency may finally be realized. Second, gold and probably silver are looking at a big new source of physical demand. Third, the huge number of gold-related initial coin offerings (ICOs) in this largely unregulated pipeline will req...Read More
Global investors are radically underinvested in gold today. Years of relentless stock-market rallying to endless new record highs have left this classic alternative investment deeply out of favor. But this gold-demand ebb is ending. The same central banks that fueled these extreme stock markets through epic easing are reversing to massive and unprecedented tightening. As stocks roll over...Read More
A week ago we saw natural gas hit resistance and our cycle analysis also indicated the timing was about right for the price to start to fall.Here is what we saw and sent to our subscribers: Fast forward a few days... the chart below shows you our updated technical analysis and prediction - Nat Gas Bottoming.Today we issued a CLOSE POSITION alert to subscribers for a clean and simple trade.Our art...Read More
By Gordon LongIn this 30 minute video which includes over 20 slides, Charles Hugh Smith and Gordon T Long discuss their 2018 Themes.http://gordontlong.com/ Read More
Just a few days ago we alerted our members and followers to a massive setup in the Palladium market that had not been seen in years. This chart formation provides an incredible opportunity for a trader to take advantage of and profit from the expected price decline. We alerted our members and followers on January 24th of this move.As of today, Palladium has rotated downward by over 9% from the...Read More
By Steve St. AngeloThe U.S. Government is in serious trouble when interest rates rise. As interest rates rise, so will the amount of money the U.S. Government will have to pay out to service its rapidly rising debt. Unfortunately, interest rates don't have to increase all that much for the government's interest expense to double.According to the TreasuryDirect.gov website, which came back on...Read More
Recently we called the top in gold, silver, miners, and palladium. This was based on several technical indicators including our cycle analysis.Below is a quick snapshot of how we and our members profited from the recent drop in precious metals. Our articles, Technical Trading Mastery book, and 3 Hour Trading Video Course are designed for both traders and investors to explore the tools and tech...Read More
- "We have a stock market bubble" warns Greenspan- "Bond bubble will be the big issue" he tells Bloomberg TV (see video)- "Fiscally unstable long-term outlook in which inflation will take hold"- "Ratio of federal debt to GDP which is extraordinarily high" (see chart)- Higher interest rates, inflation and stagflation coming- Gold is the "ultimate insurance policy" - GreenspanSource: US Fundsvia Blo...Read More
- CFTC fines UBS, HSBC and Deutsche Bank millions of dollars each for gold price manipulation - Deutsche Bank 'engaged in a scheme to manipulate the price of precious metals futures contracts'- UBS 'attempted to manipulate the price of precious metals futures contracts'- HSBC engaged 'in numerous acts of spoofing with respect to certain futures products in gold and other precious metals'- Gol...Read More
Listen to this podcast airing on our site Saturday by clicking here or subscribe on iTunes here.The long-awaited correction in the stock market finally took place this week with the S&P 500, Dow, and other major averages currently down over 3% from their late-January highs. Is this the top or the end of the bull market?Financial Sense Newshour just had the honor of speaking with...Read More
"They have allowed bubbles to build that are so huge I cannot even get my head around them, and I study this stuff around-the-clock."Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics,...Read More
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 frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Economic and market conditions are eerily like they were in late 2007/early 2008.Remember back then? Everything was going great. Home prices were soaring. Jobs were plentiful.Continue...Read More
Days ago Gold reached its 5-year trendline resistance but since then it has backedContinue...Read More
Continue...Bill Holter is currently a writer for Miles Franklin and Jim Sinclair's Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, including 12 years as a branch manager at A.G. Edwards. Later, he left Wall Street to avoid potential liabilities related to management of paper...Read More
"For the moment, I don't see signs of an economy going into overdrive or a bubble about to burst, so I have not adjusted my views of appropriate monetary policy," Continue...Read More
Feb 05, 2018 Guest(s): Doug Casey Best-selling Author Major structural problems in the U.S. economy and around the world may create headwinds for the stock markets, said best-selling author, Doug Casey."One big problem is the central bank," Casey told Kitco News on the sidelines of the Vancouver Resource Investment Conference, "they keep creating trillions and trillions of new currency units."Ca...Read More