Liberals are probably having a meltdown after a George W. Bush-appointed federal judge in California ruled the state's ban on assault weapons is unconstitutional. Continue...Read More
The Biden Administration has maintained the stimulus check program of $300 a month to disincentivize people from returning to work, thereby creating a labor shortage and indirectly cause wages to rise, said Mark Skousen, editor-in-chief of Forecasts & Strategies."I think actually this is a deliberate policy by the Biden Administration to encourage labor shortages and the reason the federal governm...Read More
Jim 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 nearly 20 years at Bianco Research, Jim's...Read More
Bob Hoye is a trained geologist, successful resource investor and economic historian. Bob is the chief investment strategist for chartsandmarkets.com.Read More
Zuckerberg allows the Communist Party of USA to have a page on Facebook and to effectively advocate the overthrow of capitalism, but Donald Trump is banned?Continue...Read More
"G-7 finance ministers today, after years of discussions, have reached a historic agreement to reform the global tax system, to make it fit for the global digital age - and crucially to make sure that it's fair so that the Continue...Read More
"U.S. intelligence believes China is trying to produce Covid variants that suggest it came from bats to cover up that it originally came from a lab. The belief is still that it escaped accidentally, but was allowed to spread."Continue...Read More
Today's Democratic Party, aligned with certain associated power elites, is actively fighting a second American Revolution dedicated to overturning our original one, with Continue...Read More
A number of events are coming together which are set to push gold prices higher. Continue...Read More
Peter Krauth of the Gold Resource Investor discusses rising inflation and the role of hard assets. Sure Mr. Biden, money is cheap. But whose money is it?The White House recently sent a $6 trillion budget plan to Congress. Let that sink in for a moment.Biden's first wide-ranging budget calls for big spending on infrastructure, education and, of course, climate change. His plan lays out $6 trillion...Read More
The gold market has seenmany momentum shifts in recent months. At the end of the day, however, themarket really depends on one simple factor: Are the big money inflows trendingin a bullish or bearish direction?Near market lows,speculative interest tends to be heavily on the short (bearish) side. That setsthe stage for buying pressure to be released when rallies force short sellersto cover their po...Read More
The rebounds in Gold and Silver exceeded my expectations and closed May in a strong fashion, near the highs of the month.Gold’s monthly close was the third-highest ever. Silver failed to break resistance at $28.50, but its monthly close at $28 was the second-highest in the last eight years.As noted last week, Gold and gold stocks have perked up in real terms. Gold relative to Bonds has...Read More
In a previous article I wrote:“Looking at this chart, it should be apparent that gold at $2000 is fully-priced. Unless you are convinced that the US dollar is going to crash soon, then expectations for much higher gold prices at this point are unwarranted.” ($10,000 Gold Or A Triple Top?)The article was published in August 2020 and the chart is reprinted below… Gold...Read More
Hi,With Bitcoin losing more than 50% off its April high and retail prices rising across the board, you may be looking for a place to park your cash.How about something with a bit of a track record in that area, like gold?In 1975, gold futures were created. From there, opportunities to trade gold have flourished via stocks, ETFs and options. Today, the hardest part is knowing which gold setups are...Read More
Precious metals markets are making modest advances inthis final trading week of May. U.S. markets will be closed on Monday inobservance of Memorial Day. During the extended weekend, millions more Americanscompared to last year are expected to hit the roads for travel. They will beconfronted with pain at the pump as gasoline prices have risen to over $3.00per gallon in most parts of the country.Oth...Read More
Bidenomics is a big departure from sound economics. But when reason sleeps, gold fortunes are born.Biden’s triumph in the presidential election does not just mean that a new man lives in the White House. It actually implies a fundamental shift in economic policy . Some analysts even see Biden’s agenda as a decisive break with neoliberalism or “Washington consensus”.You see,...Read More
In Part I of this research article, I tried to highlight the major market cycle phases that often drive volatility, uncertainty, and bigger trends in the US/Global markets as well as Precious Metals. Additionally, my team and I highlighted the technical confluence pattern that has setup as Gold prices have rallied above downward sloping price channels (price Flags) recently. This confl...Read More
The silver miners’ stockshave mostly been consolidating high since last summer. While they’ve enjoyed some sharp rallies,those have been within that sideways-grind trend. That lack of overall upside progress has leftthis tiny contrarian sector out of favor, with apathy reigning. But as their recently-reported Q1’21 operatingand financial results revealed, silver...Read More
Proponents of silver and their expectations for a much higher price have talked for years about the reasons “silver is undervalued” (their words, not mine).Whether it is a deficit in new production of silver or the gold-to-silver ratio, there is always something to talk about; so let’s talk. Below is a chart (source) of silver prices for the past century… Silver Pric...Read More
The gold miners’ stockshave powered higher in recent months, solidifying a strong young upleg. But the extended-correction low leading intothis latest rally has left sector psychology fairly bearish. Traders are skeptical about gold stocks’upside potential, wary of another serious selloff. The gold miners’ just-reported Q1’21operating and financial results...Read More