Colombian Forjando Futuros foundation issued a report accusing 33 companies and 150 individuals, both foreign and Colombian, of forcing people living in rural communities out of their land.According to the document, the forced displacement was ordered by the firms and individuals but executed by either the National Army or the guerrilla group known as the Revolutionary Armed Forces of Colombia.The...Read More
A hidden gem trading under a secret name could be the key to retirement riches.Picture theperfectstock for a moment.What would it look like?No doubt it would have hundreds of billions in revenue - more than tech giants like IBM, Facebook and Google.It would probably be a leader in cutting-edge technology like smartphones, robotics, e-commerce and medical equipment.It would have tens of thousands o...Read More
Would you go down to the railroad track and stand in front of an oncoming express train? - probably not, yet that is what many investors are doing, metaphorically speaking, by remaining long the stockmarket at this time. Last week, when the market dropped sharply, many observers talked about it "crashing", but a quick look at our 10-year chart for the S&P500 index below makes clear that the cras...Read More
By John MauldinMonetary Drug WithdrawalEuropean DisunionTrade ThreatsPuerto Rico, Cleveland, and San FranciscoSomeone asked recently how many times I had "crossed the pond" to Europe. I really don't know. Certainly dozens of times. It's been several times a year for as long as I remember.That makes me an extremely unusual American. Most of us never visit Europe, except maybe for a rare dream vac...Read More
The apocalyptic fires that hit California last month have left observers scratching their heads and wondering how destruction on that scale could be possible - and how much it will cost in the future if the causes aren't addressed immediately. This morning's Wall Street Journal concludes that 1) the problems aren't being addressed and 2) this failure is going to cost a fortune that no government...Read More
By Steve St. AngeloOver the past week, the gold and silver prices have held up rather well compared to the overall markets. While precious metals investors still fear that a huge sell-off in the gold and silver prices will take place during the next market crash, it seems that the metals continue to be very resilient during large market corrections.Now, I am not saying that the metals prices c...Read More
November saw a continuation of significant trading in gold swaps by the Bank for International Settlements. After falling in August and September, the BIS' purchases of gold via gold swaps soared in October, falling back by around 64 tonnes in November. The BIS publishes a monthly statement of account that provides enough information to estimate the bank's level of trading in gold swaps and othe...Read More
By Gary SavageListen to what gold is saying. It's not deflation that we have to worry about. We're about to enter a multi year period of rising inflation. Seriously did you think years of QE weren't going to have consequences at some point?For a long time I've maintained several key macro views.Gold started a new bull market in late 2015.The dollar started a secular bear market in early 2017.Sto...Read More
Al-Qaeda tricked the West into the War on Terror in an effort to advance its own Islamist goals in the Middle East, the group's former chemical weapons expert, who later allegedly became an MI6 spy, told RT's Going Underground.Read More
The macro has moved through a time of moderately rising inflationary concerns when economies were cycling up, many commodities were firm and risk was ‘on’. Contrary to the views of inflation-oriented gold bugs, that was not the time to buy gold stocks.As I have belabored again and again, the right time is when the inflation view is on the outs, gold is rising vs. stock markets, the eco...Read More
Craig Hemke of the TF Metals Report joins me for a fascinating conversation you will not want to miss. Craig tells me why we all need to pay attention to the white-hot palladium market right now and discusses the massive physical supply shortages there that have a chance to actually break the trading exchanges. He also suggests 2019 is poised to be the best year for gold and silver in nearly a de...Read More
In recent days we’ve seen the beginnings of an inversion in the yield curve.The 2-year yield and the 5-year yield have inverted but not yet the the 2-year yield and the 10-year yield, the curve that is watched most. However, “2s and 10s” as bond traders would say appear headed for an inversion very soon.We know that an inversion of the yield curve precedes a recession and bear ma...Read More
Would you go down to the railroad track and stand in front of an oncoming express train? - probably not, yet that is what many investors are doing, metaphorically speaking, by remaining long the stockmarket at this time. Last week, when the market dropped sharply, many observers talked about it "crashing", but a quick look at our 10-year chart for the S&P500 index below makes clear that the cras...Read More
By John MauldinMonetary Drug WithdrawalEuropean DisunionTrade ThreatsPuerto Rico, Cleveland, and San FranciscoSomeone asked recently how many times I had "crossed the pond" to Europe. I really don't know. Certainly dozens of times. It's been several times a year for as long as I remember.That makes me an extremely unusual American. Most of us never visit Europe, except maybe for a rare dream vac...Read More
The apocalyptic fires that hit California last month have left observers scratching their heads and wondering how destruction on that scale could be possible - and how much it will cost in the future if the causes aren't addressed immediately. This morning's Wall Street Journal concludes that 1) the problems aren't being addressed and 2) this failure is going to cost a fortune that no government...Read More
By Steve St. AngeloOver the past week, the gold and silver prices have held up rather well compared to the overall markets. While precious metals investors still fear that a huge sell-off in the gold and silver prices will take place during the next market crash, it seems that the metals continue to be very resilient during large market corrections.Now, I am not saying that the metals prices c...Read More
November saw a continuation of significant trading in gold swaps by the Bank for International Settlements. After falling in August and September, the BIS' purchases of gold via gold swaps soared in October, falling back by around 64 tonnes in November. The BIS publishes a monthly statement of account that provides enough information to estimate the bank's level of trading in gold swaps and othe...Read More
By Gary SavageListen to what gold is saying. It's not deflation that we have to worry about. We're about to enter a multi year period of rising inflation. Seriously did you think years of QE weren't going to have consequences at some point?For a long time I've maintained several key macro views.Gold started a new bull market in late 2015.The dollar started a secular bear market in early 2017.Sto...Read More
One of the major drags on the market, besides trade wars, has been uncertainty about whether the Fed will raise rates this month. Despite the verbal bravado of Federal Reserve Chairman, Jerome Powell, over how strong the U.S. economy is, he doesn't live in a vacuum.Powell's borne the brunt of President Trump's recent accusations that the Fed's hikes are what's hurting the stock market and threaten...Read More