- Is Dublin's property market heading for a soft landing?- Increasing fears the latest housing boom could foreshadow another slump as reported in the Financial Times- 68 per cent of prime properties in Dublin 4 and 6 have cut prices- "I doubt it will be 'soft' ... My suspicion is that it'll hurt like hell..." warned Karl Deeter of Irish Mortgage BrokersExcerpt via FT:Over the past five year...Read More
Any time there's a big correction in the market, there's a temptation to fear the worst-case scenario. Since the most recent worst-case scenario-the 2008 financial crisis-happened to be one of the worst in modern history, psychologically speaking we are all pretty doomed to judge the likelihood of another 2008-like financial crisis with a much higher probability. This is commonly referred to as th...Read More
This is a very emotional subject, pensions. Politicians and unions promised pensions they had no way to fund for the last 40 years and the bill has come due. It’s not just bad for taxpayers, it’s bad for pensioners. If you think local governments won't take away the pensions they promised, you clearly aren't paying attention.The face of retirement changed when Nixon took the dollar off...Read More
I can’t believe I’m actually saying this...But I believe the price of natural gas could DOUBLE in the next three months.That’s right.The theory behind my call is simple. All that is required is just a couple months of colder than normal weather.And the best part... Investors that are positioned correctly could soon see a sizeable payday.Let me explain...As of today, the amount of...Read More
Oct 26, 2018 Guest(s): Robert Kiyosaki (RERUN) - Robert Kiyosaki, famed author of the New York Times bestseller "Rich Dad, Poor Dad," does not consider gold an "investment," but rather, the only form of currency he considers "real." His new book, "FAKE: Fake Money, Fake Teachers, Fake Assets," due for release in April, 2019, documents the difference between real and fake assets, and he likens g...Read More
Link to Slides and Sources: https://www.itmtrading.com/blog/botto...We've been watching quite a few pattern shifts over the last year or so. These were warning us that a market breakdown was in the works. Over the last few weeks, it's become more apparent as most stock market indexes are below the beginning of the year levels. We got that warning on October 3rd when interest rates broke out to the...Read More
00:40 - Too early to draw any conclusions from recent market action.02:00 - A liquidity crisis will hit stocks including gold stocks.03:40 - Optimistic about uranium stocks but be selective.05:10 - Previous uranium bull market performance.06:45 - Utility companies are very tight-lipped.08:05 - Value proposition of uranium juniors.09:20 - Uranium stock picking strategies.11:30 - Vanadium outlook an...Read More
The US$ index is breaking higher. Its trading at 96.41 as we pen this. A daily close above 96.61 marks a new 52-week high and puts the dollar Continue...Read More
Peter Schiff is an internationally recognized ecoanomist 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, BusinessWeek, Tim...Read More
Only one digit has changed. But it may have profound consequences, sending the country closer to junk status. Meanwhile, Rome and Brussels clash over budget plan. Will that duel benefit or harm the yellow metal?Only One Notch Above Being JunkItalian drama continues. On Friday, Moody’s, one of the most significant rating agencies in the world, downgraded the Italian credit rating from Baa2 to...Read More
Oil prices are down a bit, but are still close to multi-year highs. That should leave the shale industry flush with cash. However, a long list of U.S. shale companies are still struggling to turn a profit.A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) and the Sightline Institute detail the "alarming volumes of red ink" within the shale industry. "...Read More
Only one digit has changed. But it may have profound consequences, sending the country closer to junk status. Meanwhile, Rome and Brussels clash over budget plan. Will that duel benefit or harm the yellow metal?Only One Notch Above Being JunkItalian drama continues. On Friday, Moody’s, one of the most significant rating agencies in the world, downgraded the Italian credit rating from Baa2 to...Read More
Oil prices are down a bit, but are still close to multi-year highs. That should leave the shale industry flush with cash. However, a long list of U.S. shale companies are still struggling to turn a profit.A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) and the Sightline Institute detail the "alarming volumes of red ink" within the shale industry. "...Read More
Ted Butler is back, expounding on the rapid velocity and physical ounce turnover within the COMEX silver warehouse complex. Since the internet's early days, Ted has covered various answered and still unanswered mysteries surrounding silver. Why has JP Morgan amassed perhaps the largest silver bullion hoard since the Hunt Brothers and Warren Buffet?The hit movie from 1996, "A Time to Kill", based...Read More
David says there could be another $1 decline in the silver price from here, but silver is more likely to go to $140 than down a buck. Here's more...David Morgan interviewed on SBTVWe spoke with David Morgan of the Morgan Report(https://www.themorganreport.com) on SBTV to get his take on the silver market at this moment. Is the bear market already priced in the silver price? Being 'gut honest', Dav...Read More
Despite the increasing digitalization of our financial system, Matt from Silver Fortune says silver is here to stay. Here's why...by Matt from Silver Fortune via Silver FortuneDespite the increasing digitalization of our economy and financial system, there is something to be said for holding a compact, valuable asset in your own hand. It helps if it has been used for money for thousands of years,...Read More
MATSUYAMA, EHIME PREF. - Shikoku Electric Power Co. on Saturday restarted a reactor at its Ikata nuclear power plant after a suspension of nearly one year due to a high court order.The restart of the No. 3 unit at the plant in the town of Ikata, Ehime Prefecture, announced by the power company overnight Friday, came after a high court accepted an appeal by the utility in a late September ruling th...Read More
* U.S. crude stocks up, gasoline, diesel inventories down -EIA* Saudi assurance on oil supplies, economic worries weigh* Two China state refiners to skip Iran oil bookings for Nov* Brent ends lower, U.S. futures up modestly (Adds additional details, quotes, updates prices to settlement, adds volume)By David GaffenNEW YORK, Oct 24 (Reuters) - Oil prices rose modestly on Wednesday, rebounding after...Read More
MUMBAI, Oct 24 (Reuters) - The Indian rupee strengthened to a three-week high on Wednesday morning, aided by a sharp fall in global crude oil prices overnight, while expected gains in local shares also helped sentiment. O/RThe partially convertible rupee INR=D2 was trading at 73.22/23 per dollar at 0340 GMT, compared with its previous close of 73.5750 and after earlier touching 73.10 in opening de...Read More