Featured GuestsDr. Marc Faber & Louis NavellierShow HighlightsLouis Navellier of Navellier & Associates notes the best corporate earnings in 6 years and tax cuts could spur forward the already lofty US equities markets in 2018. Dividend yielding stocks may be preferable in 2018, but caution is advisable before chasing yield too high, which only magnifies risk / volatility. The host / guest concu...Read More
The next person that says "The Dow [aka that Index at which our parents look] went up 1000 points in seven days!" is going to get (to quote Catherine Deneuve from "The April Fools", 1969) "a sock in the eye!"Let's put this one to bed straight away. 'Twas all the rage last Wednesday about a seven-day, 1000-point increase for "The Dow". First, on a closing basis, the seven-trading-day rise was 820 p...Read More
"The transparency standards of the G30 fall below the standards applied by the ECB in the context of other fora, or even the transparency standards applied Continue...Read More
Dear Friend of GATA and Gold:Central banks and governments that are secretly trading futures contracts in the United States on CME Group exchanges qualify for discounts ranging from 7 percent for two-year U.S. Treasury futures to 15 percent for gold and silver futures to 60 percent for Eurodollar futures. Central banks and governments receiving these trading discounts cannot trade directly but m...Read More
Cast your bread upon the waters, the Bible says somewhere, and pray that something comes back besides overweight seagulls.GATA does a lot of casting, usually without result, but you never know when and where someone will pick up on it, and this week a teacher and writer in Pakistan, Taha Ali, did. Ali, who writes for Pakistan's national English-language newspaper, the Express-Tribune, cited GATA i...Read More
"All operations are conducted in accordance with international law and demonstrate that the United States will fly, sail and operate wherever international law allowsContinue...Read More
By John MauldinGlobal Growth CapRepeating HistoryFlying Blind at 20XChina ChillsSonoma and San DiegoThe holidays are fading from memory, and 2018 is off to a good start, economically speaking. Most of the forecasts I've read expect a good year - not a blockbuster year or a horrendous one, but a mild pickup that ought to satisfy investors. Even the bears seem less confident than usual.The holiday...Read More
As far as the market trends I usually follow went this week, nothing new in the broad stock or precious metals markets, more of the same old stuff. The Dow Jones made another new all-time high on Wednesday, the 95th since the November 2016 election. But besides that it seems the bulls on the stock market are taking a bit of a breather. Gold continues advancing, but not so much as to attract much a...Read More
By Steve St. AngeloAs investors' bullish sentiment moves up to euphoric levels, the markets are reaching extreme leverage. This is terrible news because a lot of people are going to lose one heck of a lot of money. According to CNN Money's Fear & Greed Index, the market is now at the "extreme greed" level and if we go by Yardeni Research on "Investor Intelligence Bull-Bear Ratio," it's also...Read More
Early on Sunday, Turkish ground forces crossed the border and pushed into northern Syria's Afrin province on Sunday, Ankara said Continue...Read More
By Gary SavageThe tactics employed by the big banks to enter and exit the metals markets are detailed and are used to estimate how gold is likely to perform in the short term.https://blog.smartmoneytrackerpremium.com/ Read More
By George SmithThe biggest trend I see for the future is the meltdown of governments at all levels combined with a decentralizing, individual-empowering exponential growth in technology. States, in other words, will self-destruct while people get smarter, stronger, healthier, and freer they will get a lot smarter, a lot stronger, a lot healthier and from this, freedom from the state will be...Read More
RAPAPORT... Hilde Hardeman will be the chair of the Kimberley Process for2018, the European Commission (EC) has confirmed.Hardeman is head of the EC's Service for Foreign PolicyInstruments (FPI), which manages aspects of the European Union's diplomacy. She will take charge of the KP on behalf of the EU, thisyear's chair, an FPI spokesperson said in an email to RapaportNews Friday. Earlier this mon...Read More
RAPAPORT... The Diamond Manufacturers and ImportersAssociation of America (DMIA) reelected Ronnie VanderLinden (pictured) as president forthe 2018-to-2020 term. DMIA members voted in Saul Goldberg, Eli Haas, Matthew Schamrothand Fred Knobloch as vice presidents of its executive board, while Parag Shahwas chosen as vice president and treasurer. Stuart Samuels will fill therole of secretary. Ad...Read More
RAPAPORT... The US jewelry industry continued to downsize in 2017, with 26,031 businesses operating at the end of the year, down 3.8% from the previous year, the Jewelers Board of Trade (JBT) reported. Some 1,022 jewelry companies closed during the year, while 156 opened, data the JBT released last week showed. Out of the closures, 852 were for reasons other than financial difficult...Read More
RAPAPORT... Rio Tinto expects diamond production of between 17 million and 20 million carats in 2018, representing a decrease in output compared to last year. The company did not explain the expected drop.Diamond production in 2017 grew 21% to 21.6 million carats, driven by a 23% jump in output at its Argyle mine in Australia. The company also owns a 60% stake in the Diavik mine in Canada, where p...Read More
Tahoe Resources (TSX, NYSE:THO) is denying a media report issued on Thursday that its Shahuindo mine in Peru has contaminated local water supplies.The story (in Spanish) by Cajabamba Peru, stated that heavy rains caused a leaching pit to overflow and flooded a nearby village."The heavy rains that have occurred that in the early hours of today, one of the waste pits of this company overflowed and...Read More
That incident is renewing calls to replace the coast guard's inadequate icebreaker fleet.Continue...Read More
"Greater international discussion and cooperation among regulators, yes, would be helpful," Continue...Read More
The arguments in favor of silver as aninvestment asset are growing rapidly. In the opinion of the Jackass, silver isthe most under-valued hard asset in existence, with the highest potential forprice appreciation on the globe. To begin with, central banks own no silver,but do own huge tracts of gold. Industry has huge demand for silver, but atrifling amount for gold demand. The investment demand is...Read More