Like everything else in our financial system, applying the term “bull market” to the stock market is a fraud. It hasn’t really been a bull market it’s been more like a b.s. market…what’s going to happen to this stock market is going to be far worse than what we saw in 2008. – per my conversation with Kerry Lutz on his Financial Survival Network show Every day the U.S. stock m... read more

With many people wondering what’s next for gold, Bill Fleckenstein addressed the fact that so many bulls are looking for a pullback. Today’s big news was the fact that Mario Draghi unveiled another bazooka, as the ECB dropped its overnight deposit rate from minus 0.3% to minus 0.4%, increased QE from around $60 billion to $80 billion per month, and will now buy corporate bonds…... read more

This article notes that the technical situation for the gold price has sharply improved, to the evident surprise of many mainstream analysts. It discusses possible reasons behind the turnaround, and implications for the future 24hGold - Gold is the only sou... A "golden cross", with the 55 day moving average crossing above the 200 day moving average with both of them on a rising trend,... read more

With news out of Europe that Mario Draghi is done with lowering rates for the time being, a legend in the business warned King World News to expect turmoil in the banking sector this year. He also discussed what to expect in the gold market. “Right now the action in the gold market is powerful and very impressive. It’s interesting that since the beginning of the year we’ve had... read more

China has been an unofficial price-setter for most metals over the past decade. And this week, the country became an official participant in setting prices for one of the world’s most important precious metals markets. That’s the London Bullion Market silver price. Where one of China’s largest banks just became a member of an elite group of players that controls fluctuations in this ke... read more

Trader/analyst Gregory Mannarino says forget about the recent market rally, the markets “have nowhere to go but down.” Mannarino explains, “According to the charts, something big has already begun. This is not a ‘maybe this will happen,’ this has already started. The market averages have gained over the past few weeks, but we had an abysmal start to the year. The only reason we h... read more

With many people wondering what’s next for gold, Bill Fleckenstein addressed Harry Dent’s comments on gold, as well as what Super Mario (Draghi) is up to over in Europe. – Overnight markets were mixed and sort of a nonevent, with Asia 1% lower and Europe modestly higher, and the SPOOs trading higher as well. The U.S. stock market was essentially a nonevent as well, though it did tra... read more