To Watch Update #38, CLICK HERESARS-COV-2 has two distinct types (S-Cov and L-Cov) circulating which may explain why some areas are being hit harder than others. India's cases have jumped straight through a handful of cases to a small cluster (for a total of 28 cases). In response to this and to the loss of precursor chemical from China, India immediately banned the export of 26 important pharmace...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
Gregory Weldon is CEO of Weldon Financial and Editor of the influential newsletters "Weldon's Money Monitor," the "Commodity and Currency Monitor," the" Metal Monitor," and the "ETF Playbook." He launched these macro-market publications, covering supply-demand fundamentals, along with technical, intermarket, and psychological insights, after building a successful career as a trader on Wall Street....Read More
Until the number of covid-19 cases peaks or a virus/treatment is discovered, the path of least resistance for stocks is still lower. Continue...Read More
In short, a liquidity avalanche is coming to prevent a market crash. It's only a matter of time.Continue...Read More
Returning SBTV guest Marc Faber, editor and publisher of "The Gloom, Boom & Doom Report", believes the biggest economic issue today is the spread of the coronavirus and its psychological impact on people's habits causing detrimental effects on the economy.Discussed in this interview:01:48 Doom and gloom in 202006:37 How plagues have influenced economics12:34 Endgame for the Fed's money printing17:...Read More
Rob Kirby is a financial commentator and former broker who worked on an institutional trading desk for most of the 1980s and right up until 1996. He also worked for 11 years at Prebon Yamane, an international inter-dealer broker of foreign exchange and interest rate products. He spent an additional year at another money/bond broker called Freedom Bond Brokers, then spent two years at Garban Inc.,...Read More
Links to slides and sources: https://www.itmtrading.com/blog/coron...With fear creeping into the markets as we enter into uncharted territory, global central bankers are facing their biggest test yet. The fed just cut rates by a whopping 50 basis points; a level only used during past financial crises. It was supposed to instill confidence. The big question is, did it work? How do gold and silver f...Read More
When investors become increasingly concerned about the financial system, they rush into physical precious metals. Continue...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
To Watch Update #37, CLICK HEREAs officials scramble to get in front of a disease that seems to easily evade their slow-footed efforts, SARS-COV-II is growing exponentially in several countries. Iran's cases and deaths are certainly far higher then they claim, as recent gruesome video evidence supports. The Federal Reserve took it's only hammer out of its bag and performed a surprise 50 bp (0.5%)...Read More
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 She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
Bear markets have notoriously big rallies as they fall down the slope of hope. Monday's record breaking 1200 point rally in the Dow may be an example of that. Markets betting on a 50 basis point rate cut to interest rates and more quantitative easing.Part of the market rally likely also due to diminishing chance of a Bernie Sanders presidency. But Biden will also be bad for the markets and he has...Read More
More shocking leaked footage published by the BBC shows bodies piling up at a local morgue in Qom, said to be victims of the country's spiraling coronavirus outbreak. Located 140km to the south Continue...Read More
CNBC's "Halftime Report" discusses the Federal Reserve's decision to cut interest rates by 50 basis points with Mohamed El-Erian of Allianz.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian...Read More
Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the author, most recently, of Unbalanced: The Codependency of America and China and Stephen Roach on the Next Asia: Opportunities and Challenges for a New Globalization.Read More
On today's episode of Double Down, Max Keiser and Stacy Herbert talk to Charles Hugh Smith of OfTwoMinds.com about prepping for a pandemic.Continue...Read More
"It's great that the Federal Reserve recognizes that there's going to be weakness, but it makes me feel, wow, the weakness must be much more than I thought."Continue...Read More
Because "the coronavirus poses evolving risks to economic activity," despite the "strong" fundamentals of the US economy, and despite stocks being off just 7.8% from all-time highs, the Fed's FOMC Continue...Read More
Inevitably, the goldbugs blame shorts. That is NEVER the case in any crash. The real cause is that you have exhausted the buying. Continue...Read More