2019 was an outstanding year for stock market appreciation. What will 2020 bring? Jim believes that the 1st quarter is going to be slow growth since the China deal won't kick in right away. Then there's the seasonal factors, where Q1 is usually the slowest of the year. And of course, profits weren't up last year, only PE ratios. Can that happen again? What's your prediction, where do you see the m...Read More
"It is clear from the amount of messaging and resources the Trump campaign is putting behind this messaging that he sees this as an advantage for his campaign for reelection."Continue...Read More
War sells, and the mainstream media is enthusiastically selling it yet again to the American public. Continue...Read More
Dr. Rand Paul is the junior United States Senator for Kentucky. Elected in 2010, he has proven to be an outspoken champion for constitutional liberties and fiscal responsibility, and a warrior against government overreach. A graduate of Duke University School of Medicine, Rand was a practicing ophthalmologist in Bowling Green, Ky., for 17 years. Rand has been a vocal advocate for term limits, a ba...Read More
On September 4, 2019, the assets on the balance sheet of the Federal Reserve stood at $3.761 trillion. Continue...Read More
"They [the Fed] lit a fire that's going to burn out of control. We never had a real recovery from the Great Recession; we just had a bigger bubble."Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major e...Read More
As "temporary" Fed Bond Repo injections are extended, increased, and still oversubscribed, interest rate control is running away on its own. And despite every effort to collar the gold price, recent massive long positions reveal that those in the know see new highs ahead, just as gold breaks out to levels not seen for 7 years.Alasdair Macleod, Head of Research to GoldMoney.com, returns to Finance...Read More
"Whether you mean to or not, you're empowering the enemy," Graham told reporters, referring to Lee and Paul's suggestion that the Senate formally discuss the constitutionality and necessity of Trump's Continue...Read More
Brent Cook of Exploration Insights sits down with Maurice Jackson of Proven and Probable to discuss the positives and negatives of the mining sector in 2020. Mr. Cook will address the importance for every speculator to have boots on the ground via site visits. Find out which precious and base metals have Mr. Cook's attention in 2020. Brent Cook is an independent exploration analyst and author of E...Read More
"$1450 was the new hard floor but gold is now firmly in a spot where the risk/reward in being directionally Continue...Read More
Gold miners are continuing to glitter in 2019, as U.S. stocks fade early in Tuesday's trading session. After opening higher for a third straight session, the big S&P 500 index is reversing course as the trading day progresses, cooling off as investors hope for a rebound following the worst year for stocks since the financial crisis of 2008. With investor uncertainty abounding in 2019, one of the...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
Just when you thought it was safe to short Tesla, the Middle East blows up. The US does a targeted assassination of Iran's number 2 and it's off to the races. Gold took off and blasted through the pesky $1550 resistance point. While metals have pulled back they're still well ahead. The big question is how much more abuse can the global financial system take? With debt levels continuing to escalate...Read More
Continuing with their look back on 2019 and their look forward to 2020, Max and Stacy look at the year end charts from 2019 as the NASDAQ (up nearly 40%) parties like it's 1999 when the index closed up 85%. Could 2020 achieve even higher returns? The massive end of year rally in the stock markets matched the Fed's v-shaped recovery in its balance sheet which ballooned by over a hundred billion per...Read More
All I wanted to do this week was work on part 2 of my localism series, but circumstances quickly got the best of me. The assassination of Iran's top general Qassem Soleimani was an event of such historical Continue...Read More
Slides and Links: https://www.itmtrading.com/blog/gap-i...Well it's official, the spot gold consolidation that began in September is over and it finished with a bang, up $24.30 on Friday and $16.40 on Monday. Now that's a breakout. The next resistance level is $1,800. Are you in? If not, what are you waiting for?Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002....Read More
Steve Keen breaks down a plethora of issues, including the newest figures on the U.S. trade deficit and how the stat has plummeted in recent months.Steve Keen is an Australian-born, British-based economist and author of the book Debunking Economics. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. Keen was formerly...Read More
So everything the Fed said about the Repo problem being an event specific issue for September and then December is 100% incorrect. FACT: The Repo market is failing because banks don't trust the counterparties or the rehypothicated collateral to lend into the overnight markets!Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "R...Read More
'In recent days and in response to Iranian threats and actions, the Department of Defense has taken all appropriate measures to safeguard our personnel and partners. These bases have been on high alert due Continue...Read More
At approximately 5:30 p.m. (EST) on January 7, Iran launched more than a dozen ballistic missiles against U.S. military and coalition forces in Iraq. It is clear that these missiles were launched from Iran and targetedContinue...Read More