Continuing with their look back on 2019 and their look forward to 2020, Max and Stacy look at the year end charts from 2019 as the NASDAQ (up nearly 40%) parties like it's 1999 when the index closed up 85%. Could 2020 achieve even higher returns? The massive end of year rally in the stock markets matched the Fed's v-shaped recovery in its balance sheet which ballooned by over a hundred billion per...Read More
All I wanted to do this week was work on part 2 of my localism series, but circumstances quickly got the best of me. The assassination of Iran's top general Qassem Soleimani was an event of such historical Continue...Read More
Slides and Links: https://www.itmtrading.com/blog/gap-i...Well it's official, the spot gold consolidation that began in September is over and it finished with a bang, up $24.30 on Friday and $16.40 on Monday. Now that's a breakout. The next resistance level is $1,800. Are you in? If not, what are you waiting for?Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002....Read More
Steve Keen breaks down a plethora of issues, including the newest figures on the U.S. trade deficit and how the stat has plummeted in recent months.Steve Keen is an Australian-born, British-based economist and author of the book Debunking Economics. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. Keen was formerly...Read More
So everything the Fed said about the Repo problem being an event specific issue for September and then December is 100% incorrect. FACT: The Repo market is failing because banks don't trust the counterparties or the rehypothicated collateral to lend into the overnight markets!Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "R...Read More
'In recent days and in response to Iranian threats and actions, the Department of Defense has taken all appropriate measures to safeguard our personnel and partners. These bases have been on high alert due Continue...Read More
At approximately 5:30 p.m. (EST) on January 7, Iran launched more than a dozen ballistic missiles against U.S. military and coalition forces in Iraq. It is clear that these missiles were launched from Iran and targetedContinue...Read More
Gold rose above $1,600 an ounce to its highest level in years after Iran launched ballistic missiles at at least one U.S. base in IraqContinue...Read More
"If you think you are beyond the point of no return financially as an individual, you borrow as much money as you can, and then go bankrupt...Governments in the world are starting to do that now or behaving that way...There is nothing they can do to fix the system."John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMone...Read More
Alasdair Macleod explains why he believes the outlook for monetary inflation is dire and talks about the bullish picture of gold as measured in US dollars.Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist. Read More
We had a break-through in gold, which I predicted could happen. That means there's a very good chance gold is done going down. All signs point to a big bull market in gold and the window of opportunity to get in on it may be closing rapidly. While recording this podcast, reports of a U.S. airbase in Iraq under attack from Iranian missiles launched gold above $1,600.It's amazing how little people u...Read More
Gold spiked after last Friday's drone strike that took out a top Iranian military official and is trading at seven-year highs. Yes, the news was dramatic Continue...Read More
Over the past century, monetary systems change about every 30 to 40 years on average. Before 1914, the global monetary system was based on the classical gold standard.Continue...Read More
"The goal of this system-wide initiative is to support SUNY campuses in their efforts to recruit and retain up to 1,000 early-to-mid-career professors from underrepresented groups by 2030."Continue...Read More
"Customs officers recovered six dome shaped pieces of gold collectively weighing 1.2 kg that were brought by her concealed in her body."Continue...Read More
After months of repo transactions that failed to fix a crisis that Wall Street claims does not exist, Jim Willie is reporting that the leverage in the system on Wall Street is now getting out of control...to the point where the Federal Reserve has simply started buying everything in sight...which is the result of an incredible amount of leverage in the system between the banks and hedge funds. Tha...Read More
President Trump and Mike Pompeo told us that Iranian Gen. Soleimani had to be assassinated when he was in Baghdad at the end of last week because he was on a mission to plan and implement attacks on US military and diplomatic personnel in the region. But their story is not holding up very well, as reports surface that he was on a peace mission and other US claims are not adding up. So...why was he...Read More
Yet media & celebrities continue to blame "climate change."Continue...Read More
U.S. Dollar review and outlookWhy Brent remains long-term bullish on stocks but thinks the market may be overbought at current levelsShort vs. long-term outlook for GoldBrent Johnson is the CEO of Santiago Capital http://www.santiagocapital.com/.Read More
"Jesus, do we have to explain why we do these things?"Continue...Read More