A key issue to note if you want to time market turns is that stocks are always the last asset class to "get it."Consider that high yield credit or Junk Bonds (HYG) have lead stocks from the January '16 lows.HYG also peaked and rolled over before the S&P 500 during this recent meltdown (blue vs. black circles).With that in mind, I note that HYG is NOT leading the S&P 500 during this recent bounce....Read More
By Harris KuppermanAbout a year ago, I read The Great Beanie Baby Bubble by Zac Bissonnette. It details how basic human greed, an artificial sense of scarcity and newly created technology like eBay, were used to artificially inflate re-sale prices and convince otherwise intelligent humans to sink their life savings into plush toys that were being created by the millions at a price-point measured...Read More
Continue...Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHFLOW (R) board game, founder of the financial education-based Rich Dad Company and...Read More
Full Article: Five Percent In Gold Makes Sense As Volatility Rises Full Article: Neils Christensen(Kitco News) - The world's largest investment firm thinks that holding even a little bit of gold will help to smooth out growing volatility in financial markets.In an interview Tuesday with Bloomberg New, Russ Koesterich, head of asset allocation for BlackRock Inc.'s global allocation team said the...Read More
A key issue to note if you want to time market turns is that stocks are always the last asset class to "get it."Consider that high yield credit or Junk Bonds (HYG) have lead stocks from the January '16 lows.HYG also peaked and rolled over before the S&P 500 during this recent meltdown (blue vs. black circles).With that in mind, I note that HYG is NOT leading the S&P 500 during this recent bounce....Read More
Stocks dove late in Wednesday's session on news that the minutes from the January FOMC meeting were more than a little hawkish. From where we were sitting, the selloff looked like a brazen shakedown. It amounted to a 475-point reversal in the Dow, but that's the kind of plunge that Wall Street's thimble-riggers engineer whenever they are hungry for shares at bargain prices. For their part, the F...Read More
Special counsel Robert Mueller just increased the pressure on former Trump campaign chairman Paul Manafort and aide Rick GatesContinue...Read More
Dear Reader,If you're looking for answers as to why the US financial system is the way it is... or have questions about what's coming down the pike in the financial markets, pick up a copy of our bestselling book The Everything Bubble: The End Game For Central Bank Policy on KINDLE today.If you've yet to pick up a copy, grab one now. You'll immediately know more about how the financial system work...Read More
- Russia increased its holdings to 1,857 tons, topping the People's Bank of China's 'reported' 1,843 tons- Russia surpasses China as 6th largest holder of gold reserves - after U.S., Germany, IMF, Italy and France- Turkish central bank added 205 tons "over 13 consecutive months" - Commerzbank- Meanwhile, Russian ally Venezuela is launching a new gold-backed cryptocurrency next weekRussia has...Read More
The latest Conference Board Leading Economic Index (LEI) for January increased to 108.1 from 107.0 in December. The Coincident Economic Index (CEI) came in at 103.0, up from the previous month.The Conference Board LEI for the US increased for the fourth consecutive month in January. Large positive contributions from building permits and the financial subcomponents were the main drivers o...Read More
Colton Haab, a 17-year-old junior at Stoneman Douglas High School, reveals how CNN's Town Hall discussion on gun control actually worked.Read More
Peter Schiff, CEO of Euro Pacific Capital, joins me to answer questions submitted by members of my Supporting Listeners group. Topics include the state of the housing market, precious metals investing, Puerto Rico after Irma, the ongoing carnage in the retail sector, and more. Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr....Read More
"QE4 is coming."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, Bu...Read More
Yesterday, the Fed released the minutes from its January Federal Open Market Committee (FOMC) meeting. The minutes revealed that most members expect higher economic Continue...Read More
Newmont Mining Corp put forward plans on Thursday for new projects to grow gold production and cut costsContinue...Read More
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an intern...Read More
PRIVATE BLOG – Gold for the close of the 23rdRead More
Feb 22, 2018 Guest(s): Jim Rickards Best-selling Author A rapidly increasing price level for gold may not be beneficial to investors, said best-selling author, Jim Rickards.$10,000 an ounce is "approximately the implied non-deflationary price of gold in a gold-backed monetary system," Rickards told Kitco News on the sidelines of the Vancouver Resource Investment Conference.Rickards noted, howeve...Read More
"A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed." Continue...Read More
Continue...Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist. Read More