Growth may have accelerated to 2.8% in the second quarter, but still a bit subdued by historic standards.
Golden Jackass Vs. PetroDollar One of them is going down... (spoiler alert) And it ain't Jim Willie!
One of these players is not like the others...
If you're a millennial, you should think about buying gold.Why?It's all about the long-term value.
It's easy to get caught up in what the Fed will do next, or the latest political brouhaha in Washington D.C. And of course, this stuff matters. But when it comes to gold, you should never lose sight of fundamentals.Nothing is more fundamental than supply and demand. Based on the GFMS Gold Survey 2017 H1 Update Outlook, the fundamentals for gold are trending in a positive direction. Demand is pushing upward, while supply is falling.Demand for physical gold rose to 1,895 tons in the first half of 2017, a 17% increase over the same period last year.
Currently the ratio is attempting to do something that it has not done in 6-years, which is a breakout above falling channel
At the peak of each one of these markets, there was no one claiming that a crash was imminent. “this is a new secular bull market.” (Here is why it isn’t.)
Those who have pushed the risk down the wealth-power pyramid are confident the Federal Reserve will continue to limit the risks of speculat...
The COMEX gold futures market and the London OTC gold market have a joint monopoly on setting the international gold price. This is because these two markets generate the largest […]
The Fed years ago set a 2% target for the PCE Deflator. It has achieved it once in the past five years, and that was oil prices not QE.
It's time to think Outside the Box:
I was robbed of my gold.True story. I had a bunch of gold Eagles and Maple Leafs stolen from my home. The thing is, I thought they were secure: the coins were stored in a small safe, well hidden from view, with a key kept in a separate room. I never talked about them (this was before I started writing about gold publicly). They had been delivered discreetly.But all the precautions I’d taken didn’t matter. The thief had searched my home with meticulous desperation. Once he found the safe it was only the work of a crowbar and hammer until my gold was gone.
"We could see a major correction," he said. "This is not a forecast. It's a worry."
Rep. Bill Posey (R-FL) asked Fed Chairman Janet Yellen a simple question at a recent House Financial Services Committee Hearing:
"if this isn't a house price bubble, I would hate to see one."
“The yellow precious metal surged by roughly $15 yesterday in the wake of the Fed meeting.
One of the most revered investing pros in the business has a sober warning for markets: It is time to be cautious.
Investors and analysts, in addition to watching Amazon’s progress in taking market share in categories such as apparel and groceries...
Up until late 2016, the PBoC had approved 15 banks to hold gold import licenses....
This would be the third consecutive year of decelerating nominal GDP growth and the lowest since the Great Recession