CloseGain/LossGold $1222.40-$0.80Silver$14.32-$0.10XAU65.17-0.81%HUI147.19-0.73%GDM538.38-0.32%JSE Gold1143.65+2.03USD96.81+0.60Euro113.68-0.82Yen88.76UNCHOil$53.43-$3.7710-Year3.056%+0.003T-Bond139.90625+0.125Dow24465.64-2.21%Nasdaq6908.82-1.70%S&P2641.89-1.82% The Metals: Gold chopped near unchanged in Asia before it climbed up to $1228.70 in London and then dropped to...Read More
By Craig HemkeOn Tuesday, significant gold news was made when the London Bullion Market Association finally began its long-awaited disclosure of gold market size and trading volume. If anything, all their first report revealed was the sheer magnitude of the scam and the fraud that persists in the current system. A summary of the report, along with a brief interview of LBMA CEO Ruth Crowell, can...Read More
By Ira EpsteinGold sells off as US Dollar soars. https://www.iraepstein.com/ Read More
Graceland Updates By Stewart Thomson 1. After breaking upside from a double bottom pattern, gold continues its solid price action. More good times lie directly ahead for precious metals investors, because Chinese New Year buy season begins very soon.2. Please click here now. Double-click to enlarge. Note the solid position of my key 14,7,7 Stochastics indicator on this daily g...Read More
Dear Friend of GATA and Gold:Bart Chilton, the former member of the U.S. Commodity Futures Trading Commission who pushed his agency to hold in a March 2010 public hearing that addressed manipulation of the monetary metals markets and called GATA leaders as witnesses, this year has been hosting Russia Today's daily "Boom/Bust" program, and last Thursday he interviewed fund manager and gold advoca...Read More
Miles Franklin sponsored this article by Gary Christenson. The opinions are his.Sometimes we must consider the unthinkable.Official US national debt is $21.6 trillion. Unfunded liabilities are five to ten times higher. Global debt is about $250 trillion. US national debt has doubled every eight to nine years for decades.National debt in 2018 - $21.6 trillionNational debt in 2026? - $40+ trillion...Read More
Powell is apparently between a rock and a hard place. Inflation surged, while the global economy slowed down. What will he do? And how will gold react? Inflation Jumps in October The consumer price index climbed 0.3 percent last month, after rising 0.1 percent in September, according to the U.S. Bureau of Labor Statistics. It was the biggest rise since January, and it was mainly caused by an i...Read More
By Frank HolmesHere in San Antonio, the temperature hit a bone-chilling low of 27 degrees last Wednesday, breaking a 102-year-old record for mid-November. An out-of-state visitor, Cornerstone Macro's Head of Portfolio Insights Stephen Gregory, speculated that the Central Texas temperature, ordinarily mild this time of year, was down more than three standard deviations. I didn't make the calculat...Read More
Asset management firm Fasanara Capital compared stock valuations to bitcoin in that "it is totally disconnected from fundamentals," its chief executive told CNBCImpending tipping point for markets is due to a synchronicity of enterprise overvaluation, high indebtedness, low cash balances and a drawback in public flowsStill, a major selloff hasn't arrived, and many market-watchers continue to...Read More
Gold and silver are steady. There is good demand for physical gold in China and ASEAN nations. Prices of gold and silver are low in Asia due to a stronger currency against the US dollar. People are taking advantage of stronger currency to buy gold. There will be sudden one way moves in bullion anytime till Friday. Asian markets and Asian traders do not sleep on US holidays. Silver demand is supe...Read More
Most retirement research points to an impending crisis for about half of Americans who save too little at the advice of their financial planner. Because people worry about outlasting their savings, most adjust by living humbly - often too humbly.If I hear one more financial advisor tell their audience "cut your expenses," I may just do something I'll regret later. Personally, it's insulting to me,...Read More
Nov 21, 2018 Guest(s): Harry Anagnostaras-Adams Managing Director, Kefi Minerals Gold has likely bottomed out around the $1,200 an ounce level, and weak investor sentiment may be able to thank for it, this according to Harry Anagnostaras-Adams, managing director of Kefi Minerals. "When the set that moves together in the investment market is completely out, it's the best time to come in. And to m...Read More
As we claim often here at PeakProsperity.com: Energy is everything. Will our global society be able to transition off of its extreme dependence on fossil fuels? And if so, can we do so without too much pain?Scott Tinker is the Director of the Bureau of Economic Geology at the University of Texas at Austin, and founder of the non-profit Switch Energy Alliance, which is dedicated to helping humanity...Read More
David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get t...Read More
One of the questions I am asked most frequently in my global travels is what will be the cause of the next financial crisis. This question is asked by those who understand that Continue...Read More
If corporate earnings rise in 2019 like Wall Street analysts expect, stocks are a screaming buy at these bear-market levels. But earnings won't riseContinue...Read More
It is very difficult to pick exact bottoms but there are many tools we can use to help us pinpoint potential bottoms.Continue...Read More
Link to Slides and Sources: https://www.itmtrading.com/blog/preci...Question 1. Lisa M: Why buy silver and gold if there is a risk of confiscation?Question 2. Timothy G: When I have sold any silver, be it bullion or old coins that I had to liquidate for emergencies, I have no coin stores nearby. I somehow have lucked out by sometimes finding an ad in the newspaper by a local private collector that...Read More
One of the questions I am asked most frequently in my global travels is what will be the cause of the next financial crisis. This question is asked by those who understand that this crisis is coming but want to pin down the date or a specific turn of events that will help them know when to react.My answer is always the same: We can be certain the crisis is coming and can estimate its magnitude, bu...Read More
"We are in a bear market."Here Morgan Stanley strategist Michael Wilson dumps ice water on Wall Street's head.His claim is as arresting as the shriek of "Fire!" in a packed playhouse... the sight of a naked woman in Sunday church... or a MAGA hat on Hillary's head.Has it finally come to pass after lo so many years? Are stocks sunk in a bear market?Today we interrogate this scandalous claim."If it...Read More