By Avi GilburtThe general investment public usually applies the same principles when they choose how and when to invest their hard-earned money. (And we wonder why the general public always gets caught holding the bag at the highs and selling at the lows?) And, much of these "principles" are merely phrases which sound reasonable, but when analyzed, one realizes that they are lacking in substance...Read More
Here's the lay of the land. The Senate is currently divided between 51 Republicans and 49 Democrats (including two Independents who caucus with the Democrats). A change of two seats in favor of the Democrats will give Democrats control of the Senate under the leadership of Chuck Schumer of New York.Of the 100 Senate seats, 35 are up for election in 2018. Those 35 Senate seats are currently divided...Read More
My specialty is global macroeconomic analysis. I don't usually get too involved in politics, and frankly I'd prefer to avoid the subject altogether.But at certain times politics intrudes on markets and you have to account for it. With the midterm elections coming up in two weeks, it's certainly a very important time right now.Tuesday, Nov. 6, is the date of the U.S. midterm elections that will det...Read More
Jaime feels that recent market activity is a good signal of what is coming. He says, "There aren't many safe havens left, and one of the few is precious metals."He mentions the Comex chairman commented that gold should be above $5000. The paper market has been suppressing the price of gold through derivatives. People need to understand they are living in a complete facade and when this game is ove...Read More
David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism in America...Read More
In part 1, Rick Rule talks market volatility, cryptos & trade wars.Part 1 (part 2 below)In part 2, Rick Rule talks Honduran migration, uranium & metals.Part 2Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agric...Read More
"Cows' milk has long been a symbol used by white supremacists.One more reason to #DitchDairy."Continue...Read More
It's no secret that civil debate and discourse has been reaching new lows. Whether it's Trump's fault or just a general deterioration, doesn't really matter. Is it a product of economic decline or something else? The deficit and fiscal situation, while okay on the surface appear to be sinking. Debt is rapidly increasing. So where are we headed? John has some ideas. John Rubino is the founder and...Read More
Ned's thinking that gold and silver have put in their cycle lows. Now they're out performing the stock market, which he was expecting. Will this be gold's moment in the spotlight? Perhaps. Ned's also bullish on soybeans, not in spite of the Chinese tariff actions, but because of them. He stated several months ago that the Chinese had jumped the shark and were now going to come crawling back, whic...Read More
Mohamed El-Erian, Allianz chief economic advisor, speaks with CNBC's "Squawk on the Street" about his take on the global economy and how investors should approach markets that can no longer count on consistent support from central banks.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMC...Read More
Believe it or not, Obama, who raised taxes dramatically, is claiming the recovery is because of him and not Trump. On September Continue...Read More
In this video we look at upside targets for gold and the gold stocks as well as the fundamental catalyst for the sector. We also opine on the reversal in uranium stocks.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for...Read More
With construction 40% completed, this gold explorer/developer is well on the way to getting the Yukon's next gold mine up and running. Construction crews are racing against Mother Nature, pouring concrete and erecting steel at Victoria Gold Corp.'s (VIT:TSX.V) Eagle Gold Project in the Yukon, in order to continue interior construction once the Yukon winter sets in. Concrete for the crushing plant...Read More
Brien Lundin, publisher of Gold Newsletter, sat down with Maurice Jackson of Proven and Probable to discuss precious metals and their relationship with recent Fed actions and the dollar. Maurice Jackson: Joining us for a conversation is Brien Lundin, the president of Jefferson Financial, helping to protect your world.Please tell us about Jefferson Financial and what type of services you provide.B...Read More
Sector expert Michael Ballanger explores the impacts of several historic market crashes. Q: How do you get your broker out of a tree?A: Cut the rope. Common joke from October 1987It was 31 years ago, on Oct. 19, that I watched a $300,000 stock portfolio begin to vaporize, with a Monday loss of 35% morphing into a 93% amputation by the end of the week, the remaining cash balance totaling slightly...Read More
Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, discuss the factors that they see pointing to a turnaround in the gold market. As we have noted, markets are deep into what we have called the Tariff Trade based on the assumption that Trump would win his trade war with China and that he would do so before it had any serious negative impact on the U.S. economy. The Tariff Trade was to go l...Read More
CloseGain/LossGold $1222.80-$3.60Silver$14.57-$0.06XAU69.04-1.50%HUI153.48-1.35%GDM553.54-0.98%JSE Gold1165.95-28.97USD96.03+0.31Euro114.69-0.41Yen88.80-0.32Oil$69.36+$0.0810-Year3.197%+0.001T-Bond137.75+0.03125Dow25317.41-0.50%Nasdaq7468.63+0.26%S&P2755.88-0.43% The Metals: Gold saw slight gains in Asia before it drifted down to $1220.50 by midmorning in New York and the...Read More
CloseGain/LossGold $1222.80-$3.60Silver$14.57-$0.06XAU69.04-1.50%HUI153.48-1.35%GDM553.54-0.98%JSE Gold1165.95-28.97USD96.03+0.31Euro114.69-0.41Yen88.80-0.32Oil$69.36+$0.0810-Year3.197%+0.001T-Bond137.75+0.03125Dow25317.41-0.50%Nasdaq7468.63+0.26%S&P2755.88-0.43% The Metals: Gold saw slight gains in Asia before it drifted down to $1220.50 by midmorning in New York and the...Read More
CloseGain/LossGold $1222.80-$3.60Silver$14.57-$0.06XAU69.04-1.50%HUI153.48-1.35%GDM553.54-0.98%JSE Gold1165.95-28.97USD96.03+0.31Euro114.69-0.41Yen88.80-0.32Oil$69.36+$0.0810-Year3.197%+0.001T-Bond137.75+0.03125Dow25317.41-0.50%Nasdaq7468.63+0.26%S&P2755.88-0.43% The Metals: Gold saw slight gains in Asia before it drifted down to $1220.50 by midmorning in New York and the...Read More
By Clint SiegnerThe outcome of the November 6th voting will be a big deal for investors, including gold and silver bugs. The metals, perhaps more than most other asset classes, are sensitive to geopolitics.Let's break down what the potential voting outcomes might mean for the factors currently driving the metals.Let's start with the equity markets. Stocks got a boost from President Trump's elect...Read More