Sector expert Michael Ballanger links debt and wolf packs in this exploration of the effects that the troubled Chinese company will have on gold.When I first launched the GGMA Advisory service in January 2020, the very first Forecast Issue dealt with the globe's number one ailment, and it was not then, and is not today, related to mankind's physical health but rather its financial health. The word...Read More
1. Gold has produced positive returns in 16 of the last 20 years.2. Gold’s average annual return compounded since 2001 is 10.32%. (2001-2020)3. Gold has been a portfolio stalwart. A $100,000 investment in gold in January 2001 would be worth about $655,000 today. At gold’s peak in 2020, it would have been worth over $750,000.4. Gold does not have a political preference. Its ascent has o...Read More
US dollar (DXY) has activated its Inverted H&S, Gold/Silver maintains its uptrend, watch silver going foward…I do not make predictions because I do not pretend to be a guru.* But NFTRH has been tracking what has been an uptrend in the US dollar for all of 2021, keeping us well aware of the potentials being realized from late summer into the fall. A higher low was made in May and now a h...Read More
There has been a litany of bad news recently, including the U.S. August humiliation in Afghanistan, China's aggressive actions against Taiwan and increased tensions with Iran, North Korea and Russia.It will take the U.S. years, possibly decades, to recover from the debacle of August 2021 and the collapse of American prestige. All of these geopolitical events combine to undermine confidence in U.S....Read More
1. Gold has produced positive returns in 16 of the last 20 years.2. Gold’s average annual return compounded since 2001 is 10.32%. (2001-2020)3. Gold has been a portfolio stalwart. A $100,000 investment in gold in January 2001 would be worth about $655,000 today. At gold’s peak in 2020, it would have been worth over $750,000.4. Gold does not have a political preference. Its ascent has o...Read More
US dollar (DXY) has activated its Inverted H&S, Gold/Silver maintains its uptrend, watch silver going foward…I do not make predictions because I do not pretend to be a guru.* But NFTRH has been tracking what has been an uptrend in the US dollar for all of 2021, keeping us well aware of the potentials being realized from late summer into the fall. A higher low was made in May and now a h...Read More
1. Gold has produced positive returns in 16 of the last 20 years.2. Gold’s average annual return compounded since 2001 is 10.32%. (2001-2020)3. Gold has been a portfolio stalwart. A $100,000 investment in gold in January 2001 would be worth about $655,000 today. At gold’s peak in 2020, it would have been worth over $750,000.4. Gold does not have a political preference. Its ascent has o...Read More
US dollar (DXY) has activated its Inverted H&S, Gold/Silver maintains its uptrend, watch silver going foward…I do not make predictions because I do not pretend to be a guru.* But NFTRH has been tracking what has been an uptrend in the US dollar for all of 2021, keeping us well aware of the potentials being realized from late summer into the fall. A higher low was made in May and now a h...Read More
1. Gold has produced positive returns in 16 of the last 20 years.2. Gold’s average annual return compounded since 2001 is 10.32%. (2001-2020)3. Gold has been a portfolio stalwart. A $100,000 investment in gold in January 2001 would be worth about $655,000 today. At gold’s peak in 2020, it would have been worth over $750,000.4. Gold does not have a political preference. Its ascent has o...Read More
US dollar (DXY) has activated its Inverted H&S, Gold/Silver maintains its uptrend, watch silver going foward…I do not make predictions because I do not pretend to be a guru.* But NFTRH has been tracking what has been an uptrend in the US dollar for all of 2021, keeping us well aware of the potentials being realized from late summer into the fall. A higher low was made in May and now a h...Read More
Another fiscal year, another governmental fight to raise the debt limit. A failure spells a crisis, but gold turns a blind eye and continues its fall.So, America has a new tradition! The government shutdown is coming. A new fiscal year starts tomorrow, and if Congress fails to agree on a budget by the end of today, the government will shut down.What does it mean for the US economy? According to Tr...Read More
Another fiscal year, another governmental fight to raise the debt limit. A failure spells a crisis, but gold turns a blind eye and continues its fall.So, America has a new tradition! The government shutdown is coming. A new fiscal year starts tomorrow, and if Congress fails to agree on a budget by the end of today, the government will shut down.What does it mean for the US economy? According to Tr...Read More
Another fiscal year, another governmental fight to raise the debt limit. A failure spells a crisis, but gold turns a blind eye and continues its fall.So, America has a new tradition! The government shutdown is coming. A new fiscal year starts tomorrow, and if Congress fails to agree on a budget by the end of today, the government will shut down.What does it mean for the US economy? According to Tr...Read More
Another fiscal year, another governmental fight to raise the debt limit. A failure spells a crisis, but gold turns a blind eye and continues its fall.So, America has a new tradition! The government shutdown is coming. A new fiscal year starts tomorrow, and if Congress fails to agree on a budget by the end of today, the government will shut down.What does it mean for the US economy? According to Tr...Read More
Adam HamiltonArchivesOct 01, 2021Silver has suffered a series of sharp selloffs since mid-June, serious collateral damage from gold-futures speculators' fears of Fed tightening. Naturally silver bearishness has steadily mounted in recent months as this precious metal cascaded lower on balance. But interestingly this chronic silver weakness hasn't seemed to faze investors. They've apparently largel...Read More
It is a supremely tragic irony that while the corporate media ceaselessly tout America’s soaring financial “wealth,” the nation’s true wealth - its social order - is fast unraveling.While we’re encouraged to cheer billionaires blowing a tiny sliver of their wealth on space tourism and $500 million yachts as evidence of “prosperity,” our media and leadershi...Read More
When people in authority set expectations about what is possible, it's important to be truthful and realistic about what is possible, and by when.Otherwise, things that society often takes for granted, like regular food and fuel supplies, can suffer bottlenecks in supply.There are hints that unrealistically optimistic forecasts about the future - by political and corporate leaders - are causing re...Read More
With a more hawkish Fed disposition,non-commercial traders remaining dollar-strong, and the EUR/USD sinking, itdoesn’t bode well for the metals.With U.S. Treasury yields continuingtheir ascent on Sep. 28, the mini taper tantrum pushed the NASDAQ 100 over acliff. And with the USD Index loving the surge in volatility, the greenbackfurther cemented its breakout above the neckline of its inverse...Read More
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CNBC gives the news:Congress was poised to prevent a government shutdown Thursday with hours to go before a midnight deadline.The Senate and House both passed a short-term appropriations bill that would keep the government running through Dec. 3. The U.S. will avoid a lapse in funding once President Joe Biden signs it into law.The Senate approved the legislation in a 65-35 vote, as 15 Republicans...Read More