I’m not going to write some long dissertation but rather just highlight some of the reasons I personally believe gold is in the earliest stages of what can turn out to be its biggest bull market ever. First, however, some absolute guidelines when it comes to owning gold and related investments: •Most in the financial services industry will never be a fan of it because ownership and pote... read more
With so many investors worried about how quickly the significant moves in the gold, silver and mining share markets have unfolded, here is an early sign that the public is becoming more involved in the gold market. This will only increase over time as the bull markets in gold and silver really begin to assert themselves. – The piece below was released by Charles Schwab to inform its acco... read more
“We are all Keynesians now, so let’s get fiscal.” This is one view according to Ambrose Evans-Pritchard from The Telegraph who believes the time is right for the UK government to loosen its fiscal stance. He suggests that the “Bank of England has done everything possible under the constraints of monetary orthodoxy to cushion the Brexit shock. It is now up to the British government to sa... read more
– Global equity markets are spiking. Records are being broken… Why? Is it strong Gross Domestic Product increases among the world’s leading economies… the United States, China, Japan and eurozone nations that are driving the frenzy? Is it accelerating commerce that’s sending products and services far and wide across the globe that’s increasing corporate profitability — boos... read more
Greg Hunter AUGUST 17, 2016
On a day when the U.S. dollar fell more than 1 percent and crude oil rallied 1.5 percent, we are now having to deal with events never seen before in history. – Overnight stock and bond markets both lost a little ground, which is something we have not seen very often lately. I don’t think that means much yet, but it was nice to see that markets can actually go in both directions, even... read more
On the heels of continued propaganda from the Fed, central banks are now on the cusp of losing control. Here is what Peter Boockvar wrote today as the world awaits the next round of monetary madness: July CPI was flat headline as expected and rose .1% core which was one tenth less than expected. On a y/o/y basis, prices were up .8% headline and 2.2% core, both one tenth less than expected.... read more
With gold and silver still consolidating recent gains, one of the legends in the business warned a panic to own physical gold is coming. - One Of Richard Russell's Last And Most Amazing Predictions Is Now Unfolding Deflationary Forces Overpowering Central Banks From the late, great, Richard Russell: “The great deflationary forces that are overpowering central banks everywhere have se... read more
On Friday morning, a gentleman named Thomas Hoenig wrote some rather unflattering comments about the US banking system in a little known publication called the Wall Street Journal. In his remarks, Hoenig stated that “while the largest U.S. banks have increased capital since the [2008] crisis, their capital is still lower than the industry average and inadequate for bank resiliency.” T... read more