Luke's prediction from November 11th: What if the Repo Spike was the "risk off event everyone was waiting for"?Why Luke believes the event already happened and we've entered a new era of "Whatever it Takes" for the U.S. Federal ReserveLuke's outlook for stocks, bonds, precious metals and cryptoLuke Gromen is a graduate of the University of Cincinnati and received his MBA from Case Western Reserve...Read More
Jason Burack of Wall St for Main St welcomed back returning guest, with other 25 years experience in the hedge fund industry, prolific writer and researcher of one of the longest running financial blogs that covered the 1999-2000 technology bubble and the 2008 financial crisis and manager of the McAlvany Tactical Short, Doug Noland.Doug has been covering credit markets all over the globe for free...Read More
Mike "Mish" Shedlock is a registered investment advisor and representative for Sitka Pacific Capital Management. His articles about the the economy and investing online can be found at Mish Talk. Read More
"In considering that Bloomberg LP disseminated information which it should have known to be false, the Enforcement Committee noted that the publication of the dispatches Continue...Read More
France has banned the display of any Nativity scenes from public property which has many French quite upset that because of the large Muslim populationContinue...Read More
When people tick off the components of the "everything bubble" they usually omit US housingContinue...Read More
It has been obvious that the Intelligence community has tried to both prevent Trump from being elected and to overthrow his presidency. This Impeachment has turned into an outright coup. Continue...Read More
Asia will be the dominant leader for the next spring boom from 2023 into 2036-37 and broader into a plateau between 2055-64 before the next winter season and global depression sets in.Continue...Read More
"Compared to these countries, Taiwan is more directly confronted with various threats and infiltration from China."Continue...Read More
Gold has a chance to be an interesting investment, Byron Wien said ahead of the release of his well-read list of market surprises.Continue...Read More
California gives a green light to companies testing driverless delivery vehicles, including pizza.Continue...Read More
8 gold/silver traders from JP Morgan are either indicted or about to be indicted on charges of manipulating the gold and silver markets and YET JP Morgan is STILL ALLOWED to increase their silver derivative position by $3B in the 3rd Quarter?! What's wrong with our regulators?Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "R...Read More
Base metals prices on the Shanghai Futures Exchange diverged during the morning trading session on Wednesday December 25, with lead outperforming the rest of the complex with a 0.7% gain.The most-traded February lead contract rose to 15,195 yuan ($2,171) per tonne at the close of the morning trading session, up by 105 yuan per tonne from Tuesday's close of 15,090 yuan per tonne."We said in our...Read More
Base metals prices on the Shanghai Futures Exchange diverged during the morning trading session on Wednesday December 25, with lead outperforming the rest of the complex with a 0.7% gain.The most-traded February lead contract rose to 15,195 yuan ($2,171) per tonne at the close of the morning trading session, up by 105 yuan per tonne from Tuesday's close of 15,090 yuan per tonne."We said in our...Read More
Gold's break-out looks awesome, but silver's break-out looks even better!by Stewart Thomson of Graceland UpdatesDec 24, 2019Massive upside breakouts are taking place across the precious metals sector. Many mining stocks, especially silver-oriented, are skyrocketing.Unfortunately, I believe most investors who are Trump fans have become over-obsessed with the relatively minor but media-promoted...Read More
What is value, and why do gold and silver excel in the role of maintaining value?by Matt From Silver Fortune via Silver FortuneWhat is value, and why do gold and silver excel in the role of maintaining value?Read More
RAPAPORT... The USdiamond trade continued to slow in October. Polished imports fell 38% to $1.45billion for the month, marking the steepest year-on-year drop since 2009 andthe seventh consecutive month of decline, according to Rapaport records. Polished exports dropped 35% to $1.07 billion, government data showed. US Trade Data for October 2019Read More
RAPAPORT... The past 10 years might be known for superheroes, Netflix and memes, but for Sotheby's it was all about record-breaking jewels, as worldwide sales for the divisiontotaled more than $4.7 billion. The auction house sold 40,353 items during the decade, including683 for more than $1 million and 41 topping $10 million, Sotheby's said lastweek. The 10 most valuable jewels ever sold at t...Read More
RAPAPORT... It wasn't that long ago that De Beers declared the 2010s "The Diamond Decade." Growth in China and India was projected to drive demand, while the US would take small steps out of recession. This is what Varda Shine, then-head of De Beers' supply arm, the Diamond Trading Company (DTC), predicted in a 2010 interview with Rough & Polished.In some sense, she was correct. The last 10 ye...Read More
RAPAPORT... India's polished-diamond exports fell 25% to $1.17 billion inNovember, reflecting a decline in the volume of shipments and the average price.However, rough imports increased 32%, partly due to the timing of Diwali, whichoccurred in October, whereas last year it was in November. Indian manufacturersclose for the festival season, resulting in lower rough demand.India Trade Data for Novem...Read More