The stock market continued to inch higher while I was away, and today looked very similar to most of the days we’ve seen recently, with the indices basically wandering around unchanged in the early going and no real energy…
To hear which company investors & institutions around the globe are flocking to
that has one of the best gold & silver purchase & storage platforms
in the world cli...
read more
International Monetary Fund members gave lukewarm endorsement to a strengthening global economy but conceded they were not out of the woods as they grappled with subdued inflation, low potential growth and an uneven recovery that clouded the outlook.
With central banks left with less firepower and some seeking to exit crisis-mode stimulus measures, the IMF members also renewed calls for fisc...
read more
Is the cryptocurrency bitcoin the biggest bubble in the world today, or a great investment bet on the cutting edge of new-age financial technology? My best guess is that in the long run, the technology will thrive, but that the price of bitcoin will collapse.
If you haven’t been following the bitcoin story, its price is up 600% over the past 12 months, and 1,600% in the past 24 months. A...
read more
Jim breaks down the four main catalysts that will move the gold price higher in the coming weeks. Somehow it seems that each catalyst has four of it’s own…
by Jim Rickards via Daily Reckoning
The Federal Reserve would like to continue “normalizing” interest rates. But the most recent economic data simply does not justify it.
On Sept. 29, the August core PCE year-over-year (YoY) i...
read more
Today’s note from legend Art Cashin: Today we will revisit one of the most devastating economic events in recorded history. It all began with the efforts of a few, well-intentioned government officials.
Originally, on this day in 1922, the German Central Bank and the German Treasury took an inevitable step in a process which had begun with their previous effort to “jump start” a st...
read more
Today one of the greats in the business exposed why the price of silver will surge above $100 in 27 months!
Silver Price Set To Surge Above $100
“Silver is often referred to as gold’s ‘sister’ metal. And if they were real sisters, you could imagine that silver might well resent the greater attention invariably lavished on its lustrous sibling.
I’ve been making the case as str...
read more
The Only Russia Story That Matters
The World Gold Council has reported that the Central Bank of Russia has more than doubled the pace of its gold purchases, bringing its reserves to the highest level since Putin took power 17 years ago.
Russia’s desire to break away from the hegemony of the U.S. dollar and the dollar payment system is well-known. Over 60% of global reserves and 80% of g...
read more
Germans invested a hefty $7 billion into gold products in 2016, the World Gold Council (WGC) said in its October market update, adding that there is more room to grow.
WGC pointed out that traders in Germany choose to protect their wealth by buying gold, as loose monetary policies around the world and a potential of another financial crisis are worrying the EU country.
Germany’s volatil...
read more
Gold Prices are firmer in early U.S. trading Thursday, on some more short covering and bargain hunting in a calmer world markets setting. However, gains in safe-haven gold remain limited amid keener risk appetites in the marketplace and no new developments on the geopolitical front. December Comex goldwas last up $2.80 an ounce at $1,279.60
December Comex silver prices were last up $0.041 a...
read more
JP Morgan has warned that another financial crash could be round the corner as the decade of ultra-loose money comes to an end.
Central banks have purchased roughly $15 trillion (£11.3 trillion) of financial assets since the crisis, but the Wall Street bank's head of quantitative and derivatives strategy Marko Kolanovic said this will start to unwind next year in a move that could "p...
read more