Take a look at what I believe is the greatest bull wedge chart pattern in the history of global markets. If there was ever a realistic opportunity for investors to “chase […]
GOLD AND SILVER WHACKED FOR THE 3RD STRAIGHT DAY!
Gold is an investment as well as money, but gold is also increasingly in demand for environmental and energy production applications. In 2011, new catalytic converter technology utilizing gold was introduced to the market. Catalytic converters remove pollutants from automobile exhaust. They are made from a heat resistant substrate, with a large internal honeycomb structure covered with a thin coating of tiny particles of metal.According to the World Gold Council, research has shown that a stable and effective formulation can be obtained using a combination of gold, palladium, and platinum. Cleaning up auto emissions is just one of several new ways the yellow metal is helping clean up the environment.
With April 15 falling on Easter weekend this year, tax day in the United States was moved to April 18. Although Americans got a few days reprieve, the tax-man inevitably made his annual appearance, and we are all poorer for it.
This article was submitted by Joel Bauman, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold. A few months ago I spoke with a woman who challenged my profession in precious metals. “Don’t you know gold can be created from lead?” she said. She then informed me that the best thing to do in the coming years was to avoid the purchase of precious metals, fiercely warning me of a coming gold collapse. “There will be a mass production of gold!” she hung up the phone before I had a chance to respond.
The Fed’s June rate hike is suddenly sliding off the table.
Analyst/trader Gregory Mannarino warns, “The Federal Reserve has re-inflated a housing bubble. The Fed has deliberately created bubbles to save themselves. We really could be on the edge of a […]
Gold's strong run could continue as the US dollar weakens and investors seek safe-havens in the face of increasing geo-political risks, according to Prestige Economics.,Commodities ,S&P 500,Donald Trump,Gold
“The open interest went up because we had people that wanted to protect themselves against all the uncertainty," Frank Cholly, a senior market strategist at RJO Futures in Chicago.
Clinging to magical-thinking fixes that change nothing on the fundamental level hastens collapse. Here we stand on the precipice, and all...
may necessitate more frequent use of large-scale asset purchases during recessions" & "quite likely" that the use of central bank balance sheets will be necessary in future economic downturns.
Gold's first resistance is between $1,400 & $1,450, and if that breaks, then the metal would test its all-time highs.
As if you need more proof that inflation is finally starting to pick up, lumber prices rose to a 12-year high last week....
European Central Bank could be forced to introduce “sharp” rates rises sparking hyperinflation fears.
It really is that simple. Mr. and Ms. Market no longer trust the outlook for domestic economic growth.
Such a sharp rise in interest rates amid tepid earnings growth could further compromise the ability of firms to service their debt.
"You have to understand what makes war even take place. It does not unfold when everybody is fat and happy..."
Where are we now? Punch bowl, beer goggles. Different eras, same hangover.
'Someone' Panic Dumps $3 Billion Notional Ahead Of London Fix. Today, having failed to keep the precious metal down (25,000 contracts dumped in a minute), they went for it again with a $3 billion notional pummeling in futures...
After heading into the uncharted territory of quantitative easing, the world’s central banks are starting to plan their course through the uncharted waters of quantitative tightening.