Speaking ahead of Wednesday's Federal Reserve meeting, Todd "Bubba" Horwitz, founder of BubbaTrading.com says the "three blind mice" are leading the central bank. "They are working with models that are 100 years old and no longer work in this current environment," he told our Daniela Cambone.Todd Horwitz - known as Bubba - is chief market strategist of BubbaTrading.com. He is a regular contributor...Read More
During the January 2019 conversation with his cousin, Hunter, then age 49, said he wanted to date 24-year-olds because they were 'easy to impress.'Continue...Read More
"The Committee's assessments will take into account a wide range of information, including readings on public health, labor market conditions, inflation pressures and inflation expectations, and financial and international developments."Continue...Read More
"Over time, these things driving up inflation will be temporary ... The experience with lumber prices is illustrative of this. Prices that have moved up really quickly because of the shortages and bottlenecks Continue...Read More
Sector expert Michael Ballanger offers insights from bear markets of the past to illuminate the "business of money." How quickly we forget.In each of the last five bear markets since the 1970s, I have etched into my neural storage unit memories as strong and clear as if they happened yesterday. Each one of those nasty declines were accompanied with events that marked the tops and bottoms, consis...Read More
With the CPI annual inflation rate spiking 5% in May, gold could have gained a lot in response. However, it rallied only $20. Should we prepare for more?Whoa! Inflation soared 5% in May – quite a lot for a nonexistent (or transitory) phenomenon! But let’s start from the beginning. The CPI rose 0.6% in May, after increasing 0.8% in April. Meanwhile, the core CPI, which excludes food and...Read More
The halfway point of the year is quicklyapproaching. Dwindling confidence and concern over the direction of the countryalong with rising inflation expectations continue to drive strong demand for physical gold and silver. Thattrend appears set to continue through the second half of 2021.Here are a few big stories with thepotential to drive bullion buying in the months ahead. Federal Reserve May Be...Read More
Mark O'Dea and CEO of Rule Investment Media Rick Rule discuss how inflation and the commodities super-cycle will impact copper and copper mining.0:00 Intro2:17 Mark O'Dea7:16 Copper12:25 Key's to success16:31 Finding metals20:53 Investing in Exploration27:13 Northwest Copper29:55 Commodity super-cycle37:10 Rick's offer38:46 Contact Mark O'Dea39:39 Natural Resource Symposium"If you look around the...Read More
Trade data uncovers what the CPI was hiding.Fed acknowledges the obvious; inflation is higher than 2%.Fed gives no indication of taper plans.Jerome Powell out-doves himself again.Paul Tudor Jones gets a gift from the Fed.JP Morgan does not believe inflation is mandatory.Economy has a collision course coming with reality.Peter Schiff is an internationally recognized economist specializing in the fo...Read More
With the CPI annual inflation rate spiking 5% in May, gold could have gained a lot in response. However, it rallied only $20. Should we prepare for more?Whoa! Inflation soared 5% in May – quite a lot for a nonexistent (or transitory) phenomenon! But let’s start from the beginning. The CPI rose 0.6% in May, after increasing 0.8% in April. Meanwhile, the core CPI, which excludes food and...Read More
The halfway point of the year is quicklyapproaching. Dwindling confidence and concern over the direction of the countryalong with rising inflation expectations continue to drive strong demand for physical gold and silver. Thattrend appears set to continue through the second half of 2021.Here are a few big stories with thepotential to drive bullion buying in the months ahead. Federal Reserve May Be...Read More
"There's no free lunch. Someone will have to pay the bill for all of this."Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set...Read More
The resulting report found that five masks were contaminated with bacteria, parasites, and fungi, including three with dangerous pathogenic and pneumonia-causing bacteria. Although Continue...Read More
The federal funds rate remains glued at zero... as Mr. Powell and his fellows announced this afternoon.Yet is the Federal Reserve wobbling on its forecast of "transitory" inflation? Does it now fear an enduring inflationary menace?Today they mumbled the "transitory" line again.Yet their "dot plot" suggests two rate hikes in 2023. In March, they plotted no increases until 2024.James McCann, deputy...Read More
With the CPI annual inflation rate spiking 5% in May, gold could have gained a lot in response. However, it rallied only $20. Should we prepare for more?Whoa! Inflation soared 5% in May – quite a lot for a nonexistent (or transitory) phenomenon! But let’s start from the beginning. The CPI rose 0.6% in May, after increasing 0.8% in April. Meanwhile, the core CPI, which excludes food and...Read More
The halfway point of the year is quicklyapproaching. Dwindling confidence and concern over the direction of the countryalong with rising inflation expectations continue to drive strong demand for physical gold and silver. Thattrend appears set to continue through the second half of 2021.Here are a few big stories with thepotential to drive bullion buying in the months ahead. Federal Reserve May Be...Read More
With the CPI annual inflation rate spiking 5% in May, gold could have gained a lot in response. However, it rallied only $20. Should we prepare for more?Whoa! Inflation soared 5% in May – quite a lot for a nonexistent (or transitory) phenomenon! But let’s start from the beginning. The CPI rose 0.6% in May, after increasing 0.8% in April. Meanwhile, the core CPI, which excludes food and...Read More
The halfway point of the year is quicklyapproaching. Dwindling confidence and concern over the direction of the countryalong with rising inflation expectations continue to drive strong demand for physical gold and silver. Thattrend appears set to continue through the second half of 2021.Here are a few big stories with thepotential to drive bullion buying in the months ahead. Federal Reserve May Be...Read More
TD Ameritrade Network, Released on 6/16/21Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim's commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades long reputation for objective, incisive commentary that challenges consensus thinking. In...Read More
Jack ChanPosted Jun 14, 2021Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal.Short-term signals can last for days and weeks and are more suitable for traders. COT data is supportive for overall higher gold prices.COT data suggests near-term consolidation. Our ratio is on SELL signa...Read More