The gold miners’ stocks are suffering from universal and overwhelming bearishness today, with nearly everyone expecting further selling. That’s the natural reaction following this sector’s recent massive correction, which climaxed […]
John Embry fills in for Eric Sprott on today's Gold and Silver Market Update, and breaks down "the ridiculous market action" in gold and silver. Will the paper derivative market […]
What a way to start October...
Full-time work is being replaced by multiple part-time jobs for Americans, and many indicators are flashing early warning signs for an imminent recession. Learn more in this week’s Fed Up Friday.In numbers not seen since the financial crisis of August 2008, the number of multiple jobholders in the U.S. increased to nearly 8 million this past month. Additionally, the number of part-time jobs added was close to 500,000.This data must be taken into account when referencing “job growth” numbers that the Fed highlights as good data to inform their decisions. When someone who used to have a single, stable job is now working two different roles just to make ends meet, that isn’t a healthy economy. Unfortunately, it doubles the amount of “jobs” we added to the workforce, but they aren’t the jobs we want to see.
It is an election year. We should anticipate 8 years of upcoming trauma, following nearly 8 years of “hope and change,” after 8 years of “no nation building,” after 8 years of “I did not have sexual relations with that woman.” Examine the official US national debt in 8 fiscal year increments (10/1/84 – 9/30/92 […]
Gold could have some serious upside over the next 6 to 12 months, say analysts at UBS, who urged clients to buy the precious metals
As surely as gold and the dollar will rise, these major currency players are going to fall. As always, unless otherwise noted, puts are my preferred way to make short-side profits
When the precious metals industry meets in Singapore next week for an annual gathering, one of the key topics will be the coming changes to how gold is traded in London.
The financial system is on the brink and there are two ways that the collapse will happen. Jim Rickards historic report on how we arrived here...
Druckenmiller was not alone. In 2011, investment legend Carl Icahn closed his hedge fund to outside investors. Again, here was an investment legend who could lock in billions in investment management fees choosing to close up shop.
Let me be clear, the break of the consolidation to the downside is not “bullish.” These breaks tend to be a warning of often bigger events in the works
How did things get this bad? There are many factors, but one fateful feature stands at the center, the Zero Interest Rate Policy (or ZIRP)
The Fed Minutes say hawks are worried about low interest rates causing a recession.There are no hawks on the Fed.Low interest rates have already caused bubbles in junk bonds and stocks.The time to rai
This deflationary policy in Europe has deliberately created a depression in Europe, and somehow, at least in Merkel’s mind, they think that is better than inflation.
After two quarters of lacklustre nothingness, Singapore's economy finally collapased in Q3. Against expectations of no change, GDP QoQ SAAR crashed 4.1% - the worst quarter since Q3 2012. MAS added that it did not expect GDP growth to pick up "significantly" in 2017.
The “permanent monetization” of the debt may be inevitable. Brian Maher has more...
Citi Is Worried About the Political Winds Blowing Against Yellen … A premature exit? … Citigroup Inc. on Tuesday posed an unspeakable question
I say “unofficial” bottom to this 9-week manipulated take-down in the price of gold because we don’t know to what extent the western Central Banks will throw paper at the […]
With January 1st, 2017 looming on the horizon and G20 will begin collecting data & sharing it among each other to enable greater tax collection, they cannot see that this is destroying world trade.
The media has again begun focusing on the fact that most Americans surveyed have less than $1,000 in their savings accounts.