... GE and GM are both telling us the US economy is in huge troubleby Michael Snyder of The Economic Collapse BlogAmerica's twin economic "generals" are both in very deep trouble.General Electric was founded in 1892, and it was once one of the most powerful corporations on the entire planet. But now it is drowning in so much debt that it may be forced into bankruptcy.General Motors was founded i...Read More
By David SmithGoing forward, there are - and will continue to be - three primary drivers of global physical gold (and silver) demand.During certain times in the past only one or two of these elements provided most of the momentum.However, as we move into 2019, and for possibly the next 5-10 years, all three will be in play. They will operate synergistically to consistently motivate increased pre...Read More
Miles Franklin sponsored this article by Gary Christenson. The opinions are his.Peter Schiff explained "What Happens Next." This article takes his "likely sequence of events" and expands the discussion.His sequence:Bear MarketRecessionDeficits explodeReturn of ZIRP and QEDollar tanksGold [and silver] soarsCPI spikesLong-term rates riseFederal Reserve is forced to hike rates during a recessionA f...Read More
By Avi GilburtAs many of you know, I will often read articles written by others -- along with the comments -- to gauge the overall sentiment of the market from an anecdotal perspective. During one of my recent perusals of articles, I noticed a quote of the following statement by Sir John Templeton:"For 100 years optimists have carried the day in U.S. stocks. Even in the dark 70's, many profess...Read More
Gold, silver and mining stocks declined in a quite visible way yesterday, which is in tune with our previous expectations. In the previous days it was only silver and miners that declined in a meaningful manner, but yesterday gold joined them, making this a sector-wide decline. Is this the groundbreaking decline that we have been writing about for so long? Time will tell, but the earth is alread...Read More
AAPL is struggling to hold above a crucial 'Hidden Pivot' support at $170, but if it gives way expect the broad averages to take another nasty leg down in sympathy. The stock is sufficiently oversold to be primed for a bear rally of perhaps 8-10%. But who would do the buying? Ordinarily, short-covering is the only source of bidding strong enough to excavate a stock from a trough as deep as the o...Read More
Any news of a deal between the USA and China on the trade war front will result in copper, zinc, lead, nickel and aluminum to rise five percent anytime. The Trump-Xi meeting is on Saturday. Before Saturday, all the speculation will move silver and industrial metals. How to trade in invest in 2019The year 2018 is not yet over. Each day till 31st December, a new economic data release or news/spe...Read More
My 14-year-old daughter has taken it upon herself to help me with my holiday shopping.She’s been sending me links to everything from clothes to stocking stuffers to electronics that she wants under the tree for herself or her siblings.This week, she’s been joined by her brothers and sisters too!At this point I’m getting requests at all hours of the day. It’s like these kids...Read More
Nov 29, 2018 Guest(s): Edward Egilinsky Managing Director, Head of Alternative Investments, Direxion Copper has the best potential of all the metals to outperform in 2019 based on fundamentals, said Edward Egilinsky, managing director of Alternative Investments at Direxion. "I think it would be copper on the standpoint of a deal with China, and also Chinese stimulus within their economy to boost...Read More
Nov 29, 2018 Guest(s): Bart Jaworski CEO & Director, Group Eleven Resources A little known fact is that Ireland is ripe with zinc and is a prime mining ground for the metal, this according to Bart Jaworski, CEO and director of Group Eleven Resources. "A lot of people don't know this but Ireland is actually number one in terms of zinc found per square kilometer, so there's a lot of deposits that...Read More
Looks like we just hit an inflection point. So far this morning:U.S. new home sales drop to more than 2-1/2-year low(Reuters) – Sales of new U.S. single-family homes tumbled to a more than 2-1/2-year low in October amid sharp declines in all four regions, further evidence that higher mortgage rates were hurting the housing market.The Commerce Department said on Wednesday new home sales dropp...Read More
Click here for the full transcript: http://financialrepressionauthority.c...Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginnings in May 2005, Of Two Minds now attracts some 200,000 visits a month. Charles also contributes to...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
The following story's been on my radar for a while, but it wasn't until I read the fictional-sounding article published in The Nation yesterday that I finally turned my focus on the issue.Continue...Read More
Jason talks about his research into GE and how there's a much larger problem in corporate bonds and corporate debt than just General Electric (GE).1) When Blue Chip Companies Pile on Debt, It's Time to Worry https://www.nytimes.com/2018/11/26/op...2) Lawmakers consider multibillion-dollar bailout for troubled pensions, retirees https://www.washingtonpost.com/amphtm...Read More
Frank Holmes is the CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshore funds specializing in the natural resources and emerging markets sectors.Read More
Jordan Roy-Byrne, Founder of The Daily Gold joins me today to share his thoughts on the strategy of holding cash and deciding when to start buying. During tax loss selling there are a number of people who say it is a great time to start buying. However there are many factors to consider and right now holding cash is a preferable position to be in. We also dive into the silver chart.Jordan Roy-Byrn...Read More
This is of course just the first step in a long dance that will progress through:1)The end of rate increases sometime in early 20192)The beginning of rate cuts soon thereafterContinue...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Time...Read More
Tascent developed a face recognition device that passengers will be asked to use in order to board the ship, move around on the ship and buy and sell items on the ship.Continue...Read More