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
John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a freq...Read More
Danielle DiMartino Booth discusses the massive market selloff and how the Federal Reserve will impact the economy if it continues to raise interest rates.Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter Sh...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
Continue...Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the...Read More
Continue...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,...Read More
Continue...Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has se...Read More
"We have looked at this question closely and are confident Abdul El-Sayed is qualified to run for governor of Michigan."Continue...Read More
China is moving soldiers and missile defense batteries to its border with North KoreaContinue...Read More
The United States Court of Appeals for the First Circuit gave us an interesting glimpse of the future last week when it ruled on an obscure case involving government pension obligations.Continue...Read More
Calgary, Alberta (February 5, 2018) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce that as of February 1, 2018 Michael McPhie, a Director of the Company, has stepped into the President and CEO position while Feisal Somji has taken on the Executive Chairman role. The Company issued to Michael 600,000 stock options with an ex...Read More
(Kitco News) - India’s newly released budget for the upcoming fiscal year does not do enough “to offset lower” countrywide gold demand, according to Capital Economics.Even though some measures might help boost demand for gold jewelry, the cost of importing the yellow metal increased, Simona Gambarini, commodities economist at Capital Economics, said in the latest Precious Metals...Read More