1. Is the 'Friday Effect" back?This is where the markets seem to always rally on a Friday. This did not play out last week, but it seems that the 'Friday Effect' has not worked on the past two monthly options expirations (June & July options expiration). It looks to be in gear today.2. Earnings season is underway.Next week we get the big mega cap tech stocks reporting. Almost every trader in the w...Read More
"What are we going to get out of this? You're going to get a sugar high, the higher inflation, then an economic bust," Druck warned.Continue...Read More
Gramercy Funds Chairman Mohamed El-Erian, a Bloomberg Opinion columnist, says the Federal Reserve will "condition the market to a very gradual" reduction in quantitative easing. "I think the market will accept that to begin with. And then reality is going to sink in that they should go faster," El-Erian says on "Bloomberg The Open." El-Erian's opinions are his own.Mohamed El-Erian is the Chief Eco...Read More
In this video, we talk about inflation, the fear of hyperinflation, the federal reserve changing their stance, and the many people calling for a stock market crash. Steve gives his opinion on gold, silver, commodities, investing, and inflation vs a stock market crash.Steve Penny is a full-time trader specializing in silver, gold, and uranium. Steve Penny's Silver Chartist: https://www.silvercharti...Read More
Over the past month, Israel, the world's most heavily vaccinated country (with leading mRNA jabs, no less) has seen the number of positive Continue...Read More
"This policy is being rushed through and rammed down the throats of our employees with no legal counsel being sought and no discussion from Continue...Read More
Junior exploration companies usually have one or perhaps two projects on the go at any given moment. Sitka Gold has five, four of which it is actively exploring and it's not employing the project generator model. Sitka management believes that having several good assets will pay off over time and ultimately better the odds for shareholders. Sitka Gold, Drilling at Alpha projectLike many visitors...Read More
You really have to hear what President Joe Biden said during a CNN Town hall on Wednesday night to believe it! 1) Biden Argues Massive Government Spending Will Help Fend Off Inflation, Not Exacerbate It https://news.yahoo.com/biden-argues-m...2) Biden Claims His Multi-Trillion Dollar Spending Packages Will 'Reduce Inflation' https://news.yahoo.com/biden-claims-m...3) Biden says it's 'highly unlike...Read More
It seems that choosing GDXJ to shortthe PMs was a good decision – juniors closed the day at new 2021 lows. Will ourprofits only grow from now on?Gold’s yesterday’s intraday attempt torally was not bullish. On the contrary, it was what usually happens rightbefore a big slide. Especially given the USDX’s breakout.Let’s start with the latter. Yesterday there was a second...Read More
Economic growth is about to slow further, says portfolio manager Michael Pento. He sees a disinflationary credit crisis first, then inflation to increase. Real interest rates will collapse, slingshotting gold to all-time highs. Find Michael online: http://pentoport.com1:21 COVID resurgence4:46 Margin debt high6:20 Fed policy9:53 Disinflation13:36 Bullish on gold17:08 Silver update17:54 Fake econom...Read More
Erik Townsend is a former successful software entrepreneur, hedge fund manager and host of the popular Macro Voices https://www.macrovoices.com/.George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing...Read More
George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and...Read More
Corporate America sacrificed national interests in service of greed, and so did the U.S. government.Continue...Read More
Continue...James Turk has specialized in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. His career began at Chase Manhattan Bank (now JPMorgan Chase & Co.), which included assignments in Thailand, the Philippines and Hong Kong. He subsequently joined the investment and trading company of a pro...Read More
Silver is the only commodity that is not reaching its (historic) highs, and it has reached (those highs) on two separate occasions, back in 1980 and 2011. I think we're going to see that high breached in the cycle, and when it does, it's going to wake up the market.David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers econ...Read More
"Folks are supposed to have common sense. But it's time to start blaming the unvaccinated folks, not the vaccinated folks. It's the unvaccinated folks that are letting us down. I've done all I know how to do. Continue...Read More
It seems that choosing GDXJ to shortthe PMs was a good decision – juniors closed the day at new 2021 lows. Will ourprofits only grow from now on?Gold’s yesterday’s intraday attempt torally was not bullish. On the contrary, it was what usually happens rightbefore a big slide. Especially given the USDX’s breakout.Let’s start with the latter. Yesterday there was a second...Read More
Per a viewer request, how to draw trendlines and triangles. Trendlines need to have a minimum of four points to be viable. Triangles are a continuation move. Gold currently is trading within horizontal support and resistance with no viable trendlines or triangles. Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and edito...Read More
It seems that choosing GDXJ to shortthe PMs was a good decision – juniors closed the day at new 2021 lows. Will ourprofits only grow from now on?Gold’s yesterday’s intraday attempt torally was not bullish. On the contrary, it was what usually happens rightbefore a big slide. Especially given the USDX’s breakout.Let’s start with the latter. Yesterday there was a second...Read More
The stock market bubble continues to inflate, while the price of silver remains range-bound but a reversal in those two asset classes is coming, and based on history it could be one for the record books. In fact, you might want to refrain from sipping hot coffee while viewing the tables below.Continue...Read More