Continue...Nigel Farage is a UKIP Member of Parliament for the South East of England. Elected in 1999, he has used his experience of the EU to increase awareness of its activities back home in the United Kingdom. Nigel was re-elected Leader of the UK Independence Party in November 2010. A firm believer in Independence for the United Kingdom he is a proponent of free speech and has faced considerab...Read More
Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, delve into the question of whether inflation is good for gold.Is inflation good for gold? It depends. If inflation provokes a hawkish Fed to raise rates faster than inflation, not so much. But if the Fed is worried about the stock and bond markets and therefore won't raise rates fast enough to keep pace with inflation, that's good for gold....Read More
As the Dow Jones industrial average fell over 2,600 points between Feb. 2 and Feb. 8, 2018, a decline of over 10% from the all-time high of 26,616 on Jan. 25, Continue...Read More
The market for CIS-origin pig iron has weakened over the past week on lower booking prices in Italy, Metal Bulletin has heard.Metal Bulletin's weekly price assessment for imported high-manganese pig iron in Italy dropped $5 from last week to $365-370 per tonne cfr on February 15. A Ukrainian producer has sold two cargoes, to a trader and a steel producer, at $365-370 per tonne cfr Italy, Meta...Read More
If you're looking for signs of inflation the CPI will never show it.Why?Because CPI is constructed on purpose to understate inflation.The Fed knows the CPI is garbage, which is why it (the Fed) has multiple other inflation measures. And by the way, ALL of them show inflation is already OVER 3%.The NY Fed's Underlying inflation gauge or UIG hit 3% in January, while the Cleveland Fed's "Sticky Infla...Read More
Is inflation good for gold? It depends. If inflation provokes a hawkish Fed to raise rates faster than inflation, not so much. But if the Fed is worried about the stock and bond markets and therefore won't raise rates fast enough to keep pace with inflation, that's good for gold. And that's where we seem to be now.Fear of inflation has been weighing on the bond market, helping to drive interest ra...Read More
Jason Burack of Wall St for Main St interviewed returning guest, serial entrepreneur, investor and founder/editor of the Wealth Research Group, Lior Gantz https://www.wealthresearchgroup.com/During this 40+ minute interview, Jason asks Lior about Ray Dalio and how after saying stocks would go up weeks ago at Davos 2018, Ray Dalio appears to have done a 180 and is now betting on a stock market cras...Read More
If you're looking for signs of inflation the CPI will never show it.Why?Because CPI is constructed on purpose to understate inflation.The Fed knows the CPI is garbage, which is why it (the Fed) has multiple other inflation measures. And by the way, ALL of them show inflation is already OVER 3%.The NY Fed's Underlying inflation gauge or UIG hit 3% in January, while the Cleveland Fed's "Sticky Infla...Read More
Metal Bulletin's Iron Ore Index was largely unchanged at just above $78 per tonne on Thursday February 15 as the week-long Chinese New Year holiday officially begins.Metal Bulletin's 62% Fe Iron Ore Index Today: $78.43 per tonne cfr QingdaoDaily change: up 2 centsMonth-to-date...Read More
CloseGain/LossGold $1353.40+$1.30Silver$16.88+$0.01XAU85.48-0.02%HUI189.36-0.02%GDM645.96+4.90%JSE Gold1197.05+23.79USD88.58-0.37Euro125.02+0.44Yen94.27+0.78Oil$61.34+$0.7410-Year2.902%-0.009T-Bond143.90625+0.53125Dow25200.37+1.23%Nasdaq7256.43+1.58%S&P2731.20+1.21% The Metals: Gold gained $4.90 to $1357.00 in late Asian trade before it drifted back to $1348.60 in London and then bounced b...Read More
Research Director at GoldCore, Mark O'Byrne talks to IG TV's Victoria Scholar about the outlook for the gold price.In this interview, Mark O'Byrne, research director at Goldcore, says the fact that the gold price did not spike during last week's equity sell-off was to be expected.He said even at the height of the global financial crisis, amid the collapse in the Wall Street behemoth Lehman Brother...Read More
If you're looking for signs of inflation the CPI will never show it.Why?Because CPI is constructed on purpose to understate inflation.The Fed knows the CPI is garbage, which is why it (the Fed) has multiple other inflation measures. And by the way, ALL of them show inflation is already OVER 3%.The NY Fed's Underlying inflation gauge or UIG hit 3% in January, while the Cleveland Fed's "Sticky Infla...Read More
Full Article: Gold takes center-stage in dollar scareBy: Michael J. KosaresMuch is made of the direct inverse correlation between gold and the dollar, but acknowledging that relationship does not really get us anywhere. The bigger question is whether or not the dollar will continue to track lower as it has over the past 18 months or will it suddenly reverse course and head higher.In the end, the...Read More
By Avi Gilburt"Stocks are going down because the economy is too good?"How many times did you hear something like that quote over the last two weeks on television? And, it was accompanied by the barrage of reports proclaiming the demise of the bull market which began in 2009. But, if you are a thinking person, clearly you had to have been scratching your head.Oh, and let's not forget about how ri...Read More
If you're looking for signs of inflation the CPI will never show it.Why?Because CPI is constructed on purpose to understate inflation.The Fed knows the CPI is garbage, which is why it (the Fed) has multiple other inflation measures. And by the way, ALL of them show inflation is already OVER 3%.The NY Fed's Underlying inflation gauge or UIG hit 3% in January, while the Cleveland Fed's "Sticky Infla...Read More
HighlightsHappy Valentine's Day USA listeners! Peter Grandich makes a new offer to everyone.On the heels of news that nearly 1000 trapped gold miners were rescued from an underground labyrinth, Peter Grandich of Peter Grandich and Company and Pete Speaks returns.Our guest notes he is a "Real gold bull... haven't been this bullish on gold in 34 years." Expect a new record gold price to unfold in...Read More
"Customers should not purchase virtual currencies, digital coins, or tokens based on social media tips or sudden price spikes," the CFTC said Thursday. "Thoroughly researchContinue...Read More
By Dave KranzlerThe current "debt ceiling" has been suspended until March 2019. The current amount of Treasury debt outstanding is $20.681 trillion. It has been estimated that the amount of Treasury outstanding by March 2019 will be as high as $22 trillion. U.S. Government has, for all intents and purposes, operated without a constraint on debt issuance since 2013:Beginning in 2013, Congress has...Read More
The iShares iBoxx $ Investment Grade Corporate Bond exchange-traded fund (LQD) was struck by a record $921 million outflowContinue...Read More
By Gary SavageThere is limited upside potential in the precious metals markets in the short term. The stock markets have begun a new intermediate and yearly cycle and offer considerable upside potential. https://blog.smartmoneytrackerpremium.com/ Read More