CloseGain/LossGold $1321.80+$4.40Silver$16.98UNCHXAU87.04+1.13%HUI195.52+0.64%GDM653.12+0.43%JSE Gold1325.12+12.06USD91.90-0.42Euro120.32+0.75Yen90.03+0.24Oil$63.80+$0.2310-Year2.536%-0.016T-Bond150.3125+0.25Dow25574.73+0.81%Nasdaq7211.78+0.81%S&P2767.56+0.70% The Metals: Gold edged down to $1315.70 in Asia, but it then chopped up to as high as $1323.90 in New York and ended with a gain of...Read More
Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser invented "Virtual Specialist Technology," a software system used by the Hollywood Stock Exchange. Prior to inventing this technology, he worked on Wall Street where...Read More
By Dave KranzlerI fully expect the Government's Census Bureau to post a mind-blowing headline retail sales number for December. Hyperbolic headline economic statistics derived from mysterious "seasonal adjustments" based on questionable sampling methodology is part of the official propaganda policy mandated by the Executive Branch of Government.But I also believe that retail sales were likely...Read More
By Graham SummersIf you want to make money investing, you first need to understand the structure of the asset classes in our current financial system.Everyone likes to go bonkers over stocks, but the reality is that the stock market is in fact one of the smallest and least liquid markets on the planet. All told, US stocks are roughly $26 trillion in market cap.By way of contrast, the US debt mar...Read More
By Craig HemkeBeginning in late 2016, we began to question what we termed "The Generally Accepted Narrative of 2017". This allowed us to accurately forecast rising precious metal prices last year. For 2018, we will generally rely upon three overriding themes, and we discuss them in detail today. As a recap, what was GAN2017? We first spelled it out in a formal post on January 17, 2017. You can r...Read More
By George SmithIf Tom Cruise was Born on the Fourth of July, then he can thank Thomas Paine, who it can be said was born on January 10, 1776 with the publication of his incendiary essay, Common Sense, that argued for independence from England. He priced it cheaply (two shillings), argued passionately, and wrote in a direct style so that readers could understand him. It was sold and distribute...Read More
- Gold prices rise to $1,326/oz on concerns China may slow U.S. Treasury buying- Equities fell sharply on the report as did Treasurys and the U.S. dollar- Chinese officials think U.S. debt is becoming less attractive compared to other assets- Trade tensions could provide a reason to slow down or halt U.S. debt purchases- U.S. dollar vulnerable as China remains biggest buyer of U.S. sovereign de...Read More
In my view there is nothing special about China's intention of reducing US treasury investment. This was bound to happen much earlier. China is "thee" happening place for the global financial service industry. It has opened up its economy for global investors. China is moving towards a service oriented growth from a manufacturing growth. Chinese moves economically or geopolitically is antagonizi...Read More
China may slow down its U.S. debt buying. Will gold rally or plunge, then?Dragons Love Hoarding Gold and Not OnlyDragons love gold. In Greek mythology, dragons were set by the gods to guard golden treasures. It makes perfect sense, since it would be rather difficult to find better guards. Everybody who watched The Hobbit series knows that this is true – the powerful Smaug hoarded a lot and w...Read More
– Gold prices rise to $1,326/oz on concerns China may slow U.S. Treasury buying– Equities fell sharply on the report as did Treasurys and the U.S. dollar– Chinese officials think U.S. debt is becoming less attractive compared to other assets– Trade tensions could provide a reason to slow down or halt U.S. debt purchases– U.S. dollar vulnerable as China remains bi...Read More
If you want to make money investing, you first need to understand the structure of the asset classes in our current financial system,Everyone likes to go bonkers over stocks, but the reality is that the stock market is in fact one of the smallest and least liquid markets on the planet. All told, US stocks are roughly $26 trillion in market cap.By way of contrast, the US debt markets (Treasuries, c...Read More
Hello fellow traders, in this blog post, we will discuss oil in a more bigger picture.In the chart below, you can see crude oil futures on the weekly chart.From the 02/08/2016 low, we can clearly see that the market has a potential 5 swing incomplete bullish sequence. It seems like that it is still in the fifth swing. The weekly target for us is between 68.53-86.82. Please note a 5 swing...Read More
If you want to make money investing, you first need to understand the structure of the asset classes in our current financial system,Everyone likes to go bonkers over stocks, but the reality is that the stock market is in fact one of the smallest and least liquid markets on the planet. All told, US stocks are roughly $26 trillion in market cap.By way of contrast, the US debt markets (Treasuries, c...Read More
Gold remains popular among the rich. It is perceived by some as a store of value, a counterbalance to other assets and a safe haven amid geopolitical turbulence. It ticked up amid jitters over US-North Korea tensions in October; this week the gold price rose on dollar weakness. But gold is also seen as an old-fashioned investment opportunity, with the metal set to be replaced by cryptocurrencies...Read More
If you want to make money investing, you first need to understand the structure of the asset classes in our current financial system,Everyone likes to go bonkers over stocks, but the reality is that the stock market is in fact one of the smallest and least liquid markets on the planet. All told, US stocks are roughly $26 trillion in market cap.By way of contrast, the US debt markets (Treasuries, c...Read More
If you want to make money investing, you first need to understand the structure of the asset classes in our current financial system.Everyone likes to go bonkers over stocks, but the reality is that the stock market is in fact one of the smallest and least liquid markets on the planet. All told, US stocks are roughly $26 trillion in market cap.By way of contrast, the US debt markets (Treasuries, c...Read More
CloseGain/LossGold $1321.80+$4.40Silver$16.98UNCHXAU87.04+1.13%HUI195.52+0.64%GDM653.12+0.43%JSE Gold1325.12+12.06USD91.90-0.42Euro120.32+0.75Yen90.03+0.24Oil$63.80+$0.2310-Year2.536%-0.016T-Bond150.3125+0.25Dow25574.73+0.81%Nasdaq7211.78+0.81%S&P2767.56+0.70% The Metals: Gold edged down to $1315.70 in Asia, but it then chopped up to as high as $1323.90 in New York and ended with a gain of...Read More
If you want to make money investing, you first need to understand the structure of the asset classes in our current financial system,Everyone likes to go bonkers over stocks, but the reality is that the stock market is in fact one of the smallest and least liquid markets on the planet. All told, US stocks are roughly $26 trillion in market cap.By way of contrast, the US debt markets (Treasuries, c...Read More
By Dave KranzlerI fully expect the Government's Census Bureau to post a mind-blowing headline retail sales number for December. Hyperbolic headline economic statistics derived from mysterious "seasonal adjustments" based on questionable sampling methodology is part of the official propaganda policy mandated by the Executive Branch of Government.But I also believe that retail sales were likely...Read More