Radio host, filmmaker and book author Steve Quayle says a second civil war has been brewing in America for a quarter century. Read More
What if the NRA, the Government, and many restrictive laws are gravely wrong about how the 2nd Amendment empowers the ordinary people of our United States to stand up against ALL forms of tyranny, foreign and domestic?Constitutional scholar Dr. Edwin Vieira PhD, JD, Joins Reluctant Preppers to break open what you're not being told about the 2nd Amendment, its true power, intent, and shocking scope...Read More
Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries. Read More
Ed Steer is the founder of Ed Steer's Gold and Silver Digest and a director at GATA.org.Read More
While most market watchers have grown numb to the headlines about various western bankers and traders rigging markets (from Libor to precious metals to FX), who receive wrist-slapsContinue...Read More
Beneath the rah-rah statistics of “the greatest economy ever,” the social depression is accelerating. The mainstream is reluctantly waking up to the future of the American Dream: downward mobility for all but the top 10% of households.A 2015 Atlantic article fleshed out the zeitgeist with survey data that suggests the Great Middle Class/Nouveau Proletariat is also waking up to a future...Read More
The tail is now where the head was generations ago, said 19th-century British historian Thomas Macaulay.Today, the "tail" of American society wallows in an opulence once reserved for its "head."The late political scientist James Q. Wilson:The poorest Americans today live a better life than all but the richest persons 100 years ago.Before air conditioning, for example, even the industrial titan hem...Read More
Gold and its miners’stocks have proven rare bastions of strength during recent weeks’ marketcarnage. They are powering considerablyhigher while nearly everything else burns. The markets’ major sentiment shift is accelerating a young gold upleg,which ought to grow much larger as speculators and investors continue returning. Their collective gold positioning remain...Read More
Gold and its miners’stocks have proven rare bastions of strength during recent weeks’ marketcarnage. They are powering considerablyhigher while nearly everything else burns. The markets’ major sentiment shift is accelerating a young gold upleg,which ought to grow much larger as speculators and investors continue returning. Their collective gold positioning remain...Read More
For some Americans, the burden of too much debt is something they'll never recover from. These borrowers took a drastic step to escape their debt servitude: leave America and never returnContinue...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort192,578163,19073,950163,414209,934429,942447,074Change from Prior Reporting Period 3,378-8,3432,672-2,72911,7953,3216,124Traders19187935454288197 Small Speculators (C) GoldSeek.com LongShortOpen Interest 47,89030,758477,832 93-2,7103,414 non reportable positionsChange from the...Read More
Golden Nuggets: Key Gold and Precious Metals News, Commentary and Charts This WeekHere is our Friday digest of the important news, commentary, charts and videos we were informed of this week.The old Wall Street adage is that they "never ring a bell at the top" but there was a real sense this week that we may have seen a turning point. U.S. stocks including both the NASDAQ and the S&P 500 have s...Read More
After the roller coaster ride this week in global financial markets, investors are cautious investing in everything. Gold is consolidating in a $1220-$1245 range. This range will be broken by Halloween. If industrial metals crash, then silver could take a back seat. Speculation of oversupply in crude oil has resulted crude oil trading with a softer bias. If crude oil does not rise today (being t...Read More
Currently, gold is trading at $1,226/Oz - up 0.6 percent this week, having scored gains in the previous three weeks. More importantly, the yellow metal likely reemerging as a safe haven asset as it is about to end the week on a positive note, despite a 0.73 percent weekly gain in the dollar index (DXY), Further, a sustained drop in the CNY could bode well for the yellow metal. At 6.94 per USD, the...Read More
Goldfutures finished the day with moderate gains, as the most active December Comexcontract closed $3.80 higher at $1,236.20. Although gold prices finished higher on the week, after gainingapproximately $ 6.00, price advances were limited once again by dollarstrength. That being said, gold prices have managed toincrease in value now for the fourth consecutive week. Another noteworthycharacteristic...Read More
The Dow and S&P also racked up big weekly lossesIt was a sharply lower session on Wall Street, with the Dow off more than 500 points at its intraday low. Negative FAANG earnings reactions from Amazon (AMZN) and Alphabet (GOOGL) sparked the heavy selling, and had the S&P 500 flirting with correction territory. While the major benchmarks came off their earlier lows by the close, they all ended the w...Read More
BUDAPEST (Reuters) - Thousands rallied in Budapest on Friday on behalf of a university founded by U.S. financier George Soros which says it is being forced out of Hungary by the nationalist government of Prime Minister Viktor Orban.Orban, who believes that European culture is under threat from migration and multiculturalism, has for years vilified the liberal Soros, who was born in Hungary and bac...Read More
PLANTATION, Fl. (Reuters) - FBI agents arrested a 56-year-old man in Florida on Friday suspected of sending more than a dozen parcel bombs to high-profile critics of U.S. President Donald Trump days ahead of congressional elections, authorities said.Agents who took Cesar Sayoc into custody in Plantation, near Fort Lauderdale, also hauled away a white van that was plastered with pro-Trump stickers,...Read More
NEW YORK (Reuters) - Stock markets around the world fell on Friday on track for the longest weekly losing streak since 2013 while U.S. Treasury prices rose along with demand for safer bets as better than expected U.S. economic data did little to assuage anxiety over disappointing corporate profits and trade wars.Wall Street fell after earnings reports from Amazon.com and Alphabet rekindled a rush...Read More
BERLIN, Oct 26 (Reuters) - A majority of euro zone countries favour the single currency area adopting a fiscal capacity, or common budget, French Finance Minister Brune Le Maire said on Friday.“There is a real change in the eurogroup and within the EU. A clear majority now support such a capacity,” he said after meeting German Finance Minister Olaf Scholz in Berlin. “Call it a fi...Read More