President Trump loves coal.Or at least that's what he wants you to believe.The President's support of coal has been unwavering. From the campaign trail to present day, Trump has been an extremely vocal supporter of coal."I am thinking about the miners all over this country. We're going to put the miners back to work. We are going to get those mines open. Oh, coal country. What they have done."- Do...Read More
By: Keith Weiner, Monetary MetalsWe have a postscript to our ongoing discussion of inflation. A reader pointed out that Levis 501 jeans are $39.19 on Amazon (in Keith's size Amazon advertises prices as low as $16.31, which we assume is for either a very small size that uses less fabric, or an odd size that isn't selling). Think of the enormity of this. The jeans were $50 in 1983. After 36 years...Read More
Strengths? The best performing precious metal for the week was palladium, up 2.79 percent as hedge funds boosted their net bullish positions. Despite U.S. dollar strength, gold traders and analysts returned to their majority bullish position on the yellow metal this week, acco...Read More
By: Clint SiegnerCentral bankers and politicians love inflation, but they need "bag holders" to have faith in the value of the fiat currency IOUs they hold. The trick is to avoid suddenly destroying the ephemeral confidence in currencies by printing too much too fast.Central bankers may also need to limit the options inflation wary citizens have for escaping.They are both shifty and innovative w...Read More
April 26th, 2019(S14-E693)Featured GuestsJohn Williams& Dr. Douglas Vogt.Please Listen HereLIMITED OFFER - FREE $5 IN ONEGOLD DIGITALBLOCKCHAIN EXCLUSIVELY TO GOLDSEEK.COM PATRONS! (Remember to say Goldseek Radio sent you!).John Williams of Shadowstats.com returns to the show with provisos on the domestic economy. Investors are advised to prepare for a recession as soon as the second quar...Read More
COLORADO SPRINGS, CO, April 29, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE - Gold Resource Corporation (NYSE American: GORO) (the "Company") reports first gold production from Isabella Pearl in its Nevada Mining Unit ahead of schedule. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned...Read More
By: David Chapman The market keeps chugging higher. Well, maybe chugging is not quite the right word as this past week's markets were decidedly mixed. Decent earnings and a Q1 advance GDP growth of 3.2% year over year, coupled with low inflation, did the trick. The S&P 500 gained 1.2% on the week and closed at a record high although the index did not actually make a new all-time high, falling...Read More
By: David HaggithYou may be worried my prediction that a recession will start sometime this summer is not looking too good. So was I after first-quarter corporate earnings started coming in better than what economists expected. Except that barely "beating expectations" is kind of pathetic when expectations are dumbed down as far as they were.(Note that I have also stated each time I repeat thi...Read More
Dear Friend of GATA and Gold:While the former member of the U.S. Commodity Futures Trading Commission, Bart Chilton, disappointed some monetary metals investors, he was a hero to GATA for several reasons.First, he forced the commission to take public testimony from GATA Chairman Bill Murphy and GATA Director Adrian Douglas at the commission's much-publicized hearing on the monetary metals market...Read More
Apologies. As the bull market has ground on endlessly, I might have provided you with a precise target for the elusive Mother of All Tops. Instead, what I've done in recent months is pussyfoot with relatively minor rally targets of limited value. Can you blame me for hoping that one of these little pishers would eventually nail the summit of a runaway bull badly in need of a rebuke? So far, as y...Read More
By: IRA EPSTEINGold technical update: Read More
ASIAN METALS MARKET UPDATEGold needs to break and trade over $1290-$1292 zone to attract short covering. Spot silver needs to trade over $15.10 to attract short covering. Crude oil needs to trade over $60.00-$60.60 this week to be in bullish zone. Copper is in neutral zone. Japanese markets are closed this week till 5th May. So the sea calm is there in bullion and currencies. US dollar will ga...Read More
- Monetary Hockey Stick - Killer Debt - Dominoes Dropping - Washington DC, Dallas, and Puerto RicoThe US, Europe, and most of the developed world on are the road to Japanification. Like I wrote last week, we will see financial repression, ever increasing deficits, slower growth, etc. Essentially, the rest of us will begin to look like Japan with its astronomical deficits and ultra-dovish...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
After trip to Russia to meet Putin, Kim Jong-Un returned home by private train early on Saturday, according to the KCNA news agency. The footage aired by state TV showed crowds and officials lining the platform, waiting for their leader's arrival.Read More
To put into perspective how overvalued and dangerous the US market has become; I often cite the figure of total market cap to GDP-currently 145% of the economy. How high isContinue...Read More
Crista Huff is the lead analyst of Cabot Undervalued Stocks Advisor, where she combines a strict fundamental methodology with technical analysis, to identify growth and value stocks whose charts are turning bullish.She believes that the recent stock market highs are a sign of strength not weakness. She's still finding undervalued stocks using her proprietary screen.Read More
Jason talks about how desperate EU politicians may be about to walk into a very large debt trap from China1) China's Banks Are Running Out of Dollars https://www.wsj.com/articles/chinas-b...2) Great Financial Crisis Ten Years On: Past Role and Current Risks from China | Anne-Stevenson Yang https://www.hiddenforces.io/podcast/c...3) Juncker Rips US Stance On Huawei: EU Won't Ban Firm "Just Because...Read More
Peter Boockvar, CIO of Bleakley Advisory Group and editor of the Boock Report, returns to Real Vision to discuss his bullish outlook on copper. He notes electric vehicles as one of main drivers for future demand, highlights the supply deficit situation, and considers Southern Copper as the way to trade his thesis, in this interview with Jake Merl. Peter Boockvar is the Chief Investment Officer of...Read More
Russian gun rights activist and graduate exchange student Maria Butina was sentenced to 18 months in prison last week for "conspiracy to act as a foreign agent without registering." Her "crime" was to work to make connections among American gun rights activists in hopes of building up her organization, the Right to Bear Arms, when she returned to Russia.She was not employed by the Russian governme...Read More