Goko Group, Released on Released on 10/24/22 (Recorded on 10/8/22)*This interview was recorded on October 8, 2022 at The World Economic Renegade SummitRobert 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 E...Read More
Goko Group, Released on Released on 10/24/22 (Recorded on 10/8/22)*This interview was recorded on October 8, 2022 at The World Economic Renegade SummitHarry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder of HarryDent.com, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. Harry rece...Read More
Goko Group, Released on Released on 10/24/22 (Recorded on 10/8/22)*This interview was recorded on October 8, 2022 at The World Economic Renegade SummitPeter 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 majo...Read More
Goko Group, Released on Released on 10/24/22 (Recorded on 10/8/22)*This interview was recorded on October 8, 2022 at The World Economic Renegade SummitGerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the international...Read More
Kitco News, Released on Released on 10/31/22Todd "Bubba" Horwitz, Chief Market Strategist of BubbaTrading.com, discusses his outlook on stocks, his Midterm election predictions, as well as the ramifications of Elon Musk's Twitter buyout with David Lin, Anchor for Kitco News.0:00 - Market update5:06 - Inflation expectations10:03 - Great Reset11:59 - Midterm elections17:22 - Elon Musk and TwitterTod...Read More
Jay Taylor Media, Released on Released on 11/16/22Alasdair Macleod talks about how debt is outgrowing income and market mechanics have brought the western world to the precipice of self-destruction.Alasdair Macleod is head of research for GoldMoney. Alasdair has been a celebrated stockbroker and Member of the London Stock Exchange for over four decades. His experience encompasses equity and bond m...Read More
Jay Taylor Media, Released on Released on 1/4/23Alasdair Macleod, with a background as a stockbroker, banker and economist, believes that the dollar will not retain its hegemony for the next 5 to 10 years.Alasdair Macleod is head of research for GoldMoney. Alasdair has been a celebrated stockbroker and Member of the London Stock Exchange for over four decades. His experience encompasses equity and...Read More
McClellan Financial Publications, IncPosted Sep 19, 2021Sep 16, 2021With rising worries about September’s bad reputation for the stock market, and with a small drawdown in stock prices, investors seem to have suddenly turned a lot more bearish.That bearishness constitutes fuel for sustaining an uptrend, as all of those bears will turn into buyers as they flip back to a less bearish stance.Th...Read More
McClellan Financial Publications, IncPosted Oct 6, 2021Sep 30, 2021I like getting answers ahead of time, especially answers about the financial markets.One of the best answer-givers I have found is the movements of gold prices.Gold leads grain prices by about 15 months, bond yields by 20-1/2 months, and in this week’s chart we see that it leads oil prices by just shy of 20 months. To create...Read More
By Michael Every of RabobankThe Story is the StoryToday is a US payrolls Friday. I have covered 277 of these releases. A handful were of any lasting interest, signalling something the market didn't already know beforehand, and a few dozen more were higher/lower enough to get a few days of trading from. The expectation is 500K, which I remind everyone is way, waaay lower than the implied "1 million...Read More
Well, coming into today's payrolls report we said that the number would be a beat and the only question was how big, as a result of millions of Americans seeing their emergency benefits expiring. Boy were we wrong: moments ago the BLS reported that with expectations of a 500K print and whisper numbers sharply higher, in September the US added just 194K jobs (in fact, the number came below the...Read More
Via SchiffGold.com,Peter Schiff says we're living in a financial twilight zone.Despite signs of persistent high inflation, gold continues to languish. Peter talked about what's going in this bizarro economy during his podcast.Inflation continues to spiral upward. The August core personal consumption expenditures price index increased 0.3% for the month and was up 3.6% from a year ago. This measu...Read More
Despite today's resurgence in stocks, the mood was more downbeat during this morning's Bloomberg Invest Global virtual conference.Take Bruce Flatt, CEO of Brookfield Asset Management, who runs $626 billion in the Toronto-based asset manager, and who said that now is a "good time" to be liquidating assets: "there is significant money out in the markets today so it's be...Read More
After plunging in early September on SEC regulation fears and again later in the month on China 'ban' headlines, Bitcoin has roared back from below $40,000 on 9/22 to top $50,000 this morning.Uptober is in full swing...Source: BloombergThis is the first time the flagship cryptocurrency's price has pushed above $50,000 since September 7, 2021, the day El Salvador became the first co...Read More
The U.S. trade deficit widened to a record in August, reflecting a pickup in the value of imports of consumer goods and industrial supplies. The gap in trade of goods and services increased 4.2% to $73.3 billion, from a revised $70.3 billion in July (notably worse than the $70.8 billion defricit expected).Source: BloombergThe value of goods and services imports rose 1.4% to a record $287 billi...Read More
Just one week ago, we highlighted the first victim of the latest "rogue wave" in global natural gas markets.As Miami-based Statar Capital gave up its "hefty gains" from earlier in the year, tumbling into the red amid the NatGas market turbulence, we warned that it would not be the last fund to admit major losses through this period of chaos.It appears we were right, and three y...Read More
$500,000,000.Half a billion dollars.Currently, this is how much of $SPX index needs to be bought or sold for every 1% down or up move, respectively.These flows are a result of a substantial options trade that remains unknown to most market participants.On Friday, we highlighted some of the impact of this 'hidden' crash hedge.Former Goldman Sachs quant Sergie Pefiliev (@Perfiliev) put tog...Read More
There was little surprise in today's third and final revision of Q2 GDP data, which came in just barely above consensus expectations, rising from 6.6% (or rather 6.560%) in the second estimate to 6.7% (6.720% to be precise), which was also higher than the 6.6% consensus. The number, while also higher than the 6.3% reported in Q1 will be the best US GDP print for a long, long time, with many e...Read More
Having slowed for two straight months, whisper numbers predicted a slightly hotter than expected September CPI (edging up to 5.4% YoY, slightly above the consensus of 5.3%) on the back of a re-intensification of supply-chain bottlenecks due to a combination of natural disasters and COVID disruptions in the US and Asia kept pressure on manufactured goods in September.Headline CPI did indeed come ho...Read More
After an ugly 3Y auction, and a solid 10Y sale yesterday, moments ago the Treasury sold $24BN in a 29 Year-10 month reopening of cusip SZ2 ahead of today's Fed minutes. But if one thought investors would show any nerves about the coming taper in today's auction, boy were they in for a surprise.That's because the auction was nothing short of spectacular: stopping at 2.049%, the aucti...Read More