Graceland Updates By Stewart Thomson 1. I've noted that when China's markets go quiet during the "Golden Week" holiday, the gold price tends to soften.2. Please click here now. Double-click to enlarge this key gold chart. Price softness is expected during this holiday, and the good news is that it is occurring on very light volume.3. The bears would argue there's a small dou...Read More
Nearly ?,?1 trillion in non-performing loans poses risks to European banks'- Greece has highest non-performing loans as a share of total credit- Italy has the biggest pile of bad debt in absolute terms- Bad debt in Italy is still "a major problem" which has to be addressed - ECB- Level of bad loans in Italy remains above that seen before the financial crisis- Deposits in banks in Greece, Cyprus,...Read More
By Frank HolmesStrengths? The best performing metal this week was palladium, up an impressive 7.17 percent after having been trending down since the middle of January. The weekly Bloomberg survey showed gold traders are overwhelmingly bullish after being bearish last week as the yellow metal is set for its best week since April 2016. A falling U.S. dollar has boosted demand for b...Read More
Our proprietary price modeling systems are showing us that our expected price basing, which we have been warning our members of for near 3 months, has altered in range and scope. What we did expect to happen near February 21 is now expected to START sometime between February 21 and February 26. In other words, we are warning our clients that a moderate downside move is expected in the US major...Read More
By Jordan Roy-Byrne CMT, MFTAGold has been on the cusp of a major breakout but someone forgot to tell the gold stocks. Gold is right back at resistance levels yet the various gold stock indices are off their September 2017 highs by 11% to 16%. The relative weakness in the gold stocks (and Silver) is a signal that Gold is unlikely to breakout now. In fact, if Gold were to correct here the gold st...Read More
- Nearly EUR1 trillion in non-performing loans poses risks to European banks'- Greece has highest non-performing loans as a share of total credit- Italy has the biggest pile of bad debt in absolute terms- Bad debt in Italy is still "a major problem" which has to be addressed - ECB- Level of bad loans in Italy remains above that seen before the financial crisis- Deposits in banks in Greece, Cyp...Read More
According to the government official, "he died from some unknown cause. He passed away while he was sleeping and his heart had already stopped beating when he was found dead."Continue...Read More
Peter KrauthThe price of gold this week is trending upward after a volatile stock market correction in early February. While tumbling stocks temporarily weakened gold prices, the yellow metal is rallying again…In fact, gold has regained everything it's lost over the course of February. Last Friday (Feb. 16), gold prices touched $1,361 on an intraday basis, up from a low of $1,311 a few days...Read More
"The chaos coming to markets is here. It's not going away, and it's not going to be brushed under the rug. It's not going to stay on the sidelines for another few years. The years from 2007 to 2017 were the years central banks were buying everything. There was no volatility, and stocks just went up. Those days have ended, and the volatility is only going to become much more profound."Michael Pento...Read More
Click Here to Listen to the InterviewJim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds on global finance, and served as a facilitator of the first ever financial war games conducted by the Pe...Read More
"His choice to do so and to disclose inculpatory information - i.e., that he had previously had drugs in his car - provided the officer with reasonable suspicion to Continue...Read More
Continue...Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the...Read More
"Since bitcoin and its cousins are, at the core, absolutely and utterly nothing, there is no limit on bitcoin supply except the outer boundaries of human folly."Continue...Read More
Dr. Jeffrey M. Kern has been an academic clinical psychologist at Texas A&M University and the University of Nevada - Las Vegas since 1979, specializing in the measurement and prediction of human behavior. Continue...Read More
Mr. Karr discusses how you need to get the time the market cycles correctly. Gold is currently catching a pretty good bid, particularly with the recent dollar decline. We have seen an increase in volatility recently, and things are looking pretty good for precious metals. We could break through the 1350 level this year, and 2018 is shaping up to be an excellent year for gold.Most central banks are...Read More
Erik Townsend welcomes Eric Peters to MacroVoices. Erik and Eric discuss if this is just a small equity market dislocation or is this bigger, the VIX complex and why the Inverse VIX products were flawed. They put context on the increasing rates, the movement of the dollar, stagflation and inflation risks. They further consider the impact of the changes of leadership at the FED and the policy tools...Read More
The following infographic dispels some common misconceptions or myths about cryptocurrencies and is a good resource for investors that are new to this space. This article was originally published at Coincentral.com: https://coincentral.com/dispelling-myths-cryptocurrency-world/The price of Bitcoin bottomed on February 5th around $6,000 and has since bounced back to around $12,000. Those that wer...Read More
To Watch Update #24, CLICK HEREWhile China remains largely in lockdown, covid-19 cases in the rest of the world are at a key juncture. To-date, confirmed cases have been lower than feared. Though increasingly, we're suspecting that's due to inadequate testing & reporting. And the cases we *do* know of (now at ~1,000) appear to be growing at an exponential rate. So the next two weeks will be critic...Read More
In their new video, Mike Maloney and Ronni Stoeferle of Incrementum show the enormous potential that lies ahead for gold and silver.First, look how strong the correlation is between gold in the 1970s and gold in the 2000s. You can see that if history were to rhyme, gold would see a three to four-fold return in price from current levels.Mike mentions how inflation could easily return once currency...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