Precious metals are apparently waking up. And here is where you can find the best deals.
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Dear Labor Department, please explain... Initial jobless claims tumbled last week to 252k - practically its lowest level since 1973.
NAR Stumped As Existing Home Sales Slide Continues - Lack Of Household Income Growth BlamedSep 22, 2016 - 07:18:26 PDT
"Hopes of a meaningful sales breakthrough as a result of this summer's historically low mortgage rates failed to materialize because supply and affordability restrictions continue to keep too many would-be buyers on the sidelines."
Fed's National Activity Indicator Average In Contraction For 19th Month - Worst Non-Recessionary Streak In 49 YearsSep 22, 2016 - 07:07:10 PDT
For 19 straight months, the smoothed average of the Chicago Fed's National Activity Index has been in contraction.
Sep 22, 2016 - 07:03:31 PDT
It is the morning after The Federal Reserve held tight on raising their key rate, The Fed Funds Target rate (which has only been raised ONCE since 2006 and that was at last December's FOMC meeting). The implied probability of an interest rate change remains about 60% for the December meeting, according to Fed Funds…
Fed Seeks to Prohibit Companies from Merchant Banking to Promote LendingSep 22, 2016 - 07:02:00 PDT
The Federal Reserve wants to take away the ability of Goldman Sachs and other banks to invest in companies rather than acting as bankers and lending. The U.S.
So we have to be concerned about STAGFLATION, rising costs with collapsing economic growth. We are living so far beyond our income that we are completely unconnected to any productive capacity.
Emerging markets accumulated dollar debt equal to about 50% of the US National Debt. A US rate hike will cause problems in that area
OECD Warns Fed, BOJ, ECB of Asset Bubbles, “Risks to Financial Stability,” Pinpoints US Stocks & Real EstateSep 22, 2016 - 06:49:53 PDT
But the Fed is steadfastly blind to bubbles & their consequences.
IRS Chief Requests Not To Be Impeached Despite Admitting He Misled CongressSep 22, 2016 - 06:45:51 PDT
“You provided false testimony to this committee, you’ve provided false testimony to the Oversight and Government Reform committee, and you should be held accountable for that.”
Anyone who pays any attention knows that something unusual is happening to employment. Good full time jobs are disappearing
Like Everything Else, History Repeats (Almost Exactly) Because Power Truly CorruptsSep 22, 2016 - 06:26:13 PDT
With both the BOJ & the Fed undertaking policy considerations at the same time, it is useful to highlight the similarities of conditions
There is absolutely no need whatsoever to pay any attention to what Janet Yellen says. There is even less call for parsing the increasingly ridiculous FOMC statement
Gold Buyer Gundlach says DoubleLine shorting some restaurants, airlines and retailersSep 22, 2016 - 06:20:50 PDT
He said economic growth is sub-par and that continues to be reflected in certain names in the Standard & Poor's 500 Index .
Widely followed author Jim Grant discusses the potential trajectory of gold, after the Fed's decision to keep interest rates unchanged.
There are no guarantees when it comes to investing. But this one comes pretty darn close.Here’s a fun question to ponder: if you worked at the Federal Reserve with Janet Yellen, or at the central bank of your country, what would you do if everything you’d tried to stimulate your economy hadn’t worked?Yes, I know we’d do it a lot differently, starting with allowing the free market to work. But these Masters of the Universe (ha) see it as their job to intervenewhen the economy stumbles. So they’re gonna keep trying, especially when the next crisis hits.
The next leg up will be far more intense than the rally since the beginning of the year. This is because the above pattern is at the trigger point, of a larger pattern on the silver chart previously pointed out.
Robert McEwen, one of the gold’s industry’s most unabashed bulls, is predicting prices could surge as much as 44 percent by the end of the year as confidence in the economy buckles.
Gold will likely soar to a record within five years as asset bubbles burst in everything from bonds to credit and equities, forcing investors to find a haven, according to Old Mutual Global Investors’ Diego Parrilla.
David Morgan of The Morgan Report sits down with Maurice Jackson to discuss the uniqueness and rarity of precious metals, while also addressing his thoughts on the Bear Cycle in this Precious Metal…
Globally, gold edged higher after the Bank of Japan adopted a target for long-term interest rates, & further gains are expected if the US central bank holds back from a rate increase.