Legendary vulture investor Asher Edelman, the 1980s model for Gordon Gekko, strayed into what must’ve been uncomfortable territory for CNBC during an appearance on "Smart Money" when he discussed his view that the government’s "plunge protection team"
The Fed's comments on the economy, particularly inflation, will also be important because traders doubt the Fed's forecast for two more rate hikes this year
Despite blowing up Irish economy, Former Anglo Irish Bank Chairman Sean Fitzpatrick, is in the clear after being acquitted of all charges in a long-running multi-million euro loans case.
Beijing hits back after being downgraded by Moody’s for the first time since the Tiananmen Square protests
Collector gold coins certainly look cool. But are they worth investing in? Goldsilver’s Jeff Clark looks at why numismatic coinage may not be what it seems.
The weekly Commitment of Traders report released Friday showed that the bullion banks continue to cover their net short positions in both gold and silver rather aggressively and the hedge […]
Given the similarities the current CoT structure has to the CoTs of late 2015 and early 2016, it seems safe to conclude that the prices of CDG and CDS are […]
On a technical level, silver has a general tendency to lead gold. On a fundamental level, it is the rise in interest rates (both current and prospective) that should reverse money velocity.
Over the last few weeks, the media has fixated on whether or not firing FBI director James Comey and allegations of Russian collusion will turn into Donald Trump's Watergate. But in a recent column, economic analyst Jim Rickards said that really isn't the most significant thing that‘s happened.While everyone is focused on the Washington circus this week, they’re missing what could be the real news — gold."
in my opinion, this last rapid accumulation of silver bullion by JP Morgan and SLV is bullish for Silver.
Hopelessness is a severe form of poverty, one that’s spreading higher into middle class reality than at any time since the Great Depression.
I discussed the fact that despite the bullish “exuberance” of market participants, the underlying internal deterioration has continued. To wit:
Investors pulled $3.5 billion from the biggest exchange-traded fund that tracks the Russell 2000 Index last week, spooked by the steepest selloff in the domestically focused stocks since before Donald Trump’s surprise election win.
Translation: taxpayer bailouts are imminent, especially now that the current economic cycle is the 3rd longest of all time and a recession grows likelier with every passing day.
(Warning: Sarcasm alert!)
The growing influence of the Shanghai Gold Exchange (SGE), the world’s largest physical gold exchange, is a topic familiar to many. So it is not surprising that trading volumes at the […]
That would be ugly (no, I mean like real ugly), and would only serve to increase safe haven demand.
The “smart money” is flashing a signal that the US economy & ultimately the financial system, are in serious trouble....
Mike Maloney and Jeff Clark discuss the outcome of a recent bet, if gold can be considered a commodity, and how gold could perform in deflation.
The level of new home sales is considerably below pre-2008 levels, the MEDIAN PRICE of hew home sales is higher than at the peak of the housing bubble.