As "temporary" Fed Bond Repo injections are extended, increased, and still oversubscribed, interest rate control is running away on its own. And despite every effort to collar the gold price, recent massive long positions reveal that those in the know see new highs ahead, just as gold breaks out to levels not seen for 7 years.Alasdair Macleod, Head of Research to GoldMoney.com, returns to Finance...Read More
"Whether you mean to or not, you're empowering the enemy," Graham told reporters, referring to Lee and Paul's suggestion that the Senate formally discuss the constitutionality and necessity of Trump's Continue...Read More
Brent Cook of Exploration Insights sits down with Maurice Jackson of Proven and Probable to discuss the positives and negatives of the mining sector in 2020. Mr. Cook will address the importance for every speculator to have boots on the ground via site visits. Find out which precious and base metals have Mr. Cook's attention in 2020. Brent Cook is an independent exploration analyst and author of E...Read More
"$1450 was the new hard floor but gold is now firmly in a spot where the risk/reward in being directionally Continue...Read More
Gold miners are continuing to glitter in 2019, as U.S. stocks fade early in Tuesday's trading session. After opening higher for a third straight session, the big S&P 500 index is reversing course as the trading day progresses, cooling off as investors hope for a rebound following the worst year for stocks since the financial crisis of 2008. With investor uncertainty abounding in 2019, one of the...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
Just when you thought it was safe to short Tesla, the Middle East blows up. The US does a targeted assassination of Iran's number 2 and it's off to the races. Gold took off and blasted through the pesky $1550 resistance point. While metals have pulled back they're still well ahead. The big question is how much more abuse can the global financial system take? With debt levels continuing to escalate...Read More
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