Precious metals are apparently waking up. And here is where you can find the best deals.
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This graph by 720Global shows how spot on my pronouncement of a US 2016 recession is and how precarious the path ahead.
Aug 4, 2016 - 10:42:23 PDT
In total derivatives, Citigroup has now eclipsed even JPMorgan. Citigroup now holds $55.6 trillion in notional amount
A bull market in gold and silver has been confirmed, but no bull market is sustainable on a nonstop price spike, therefore, it is not if but when a correction […]
Juerg Kiener, CIO Swiss Asia Capital's Singapore, predicted gold will soar past its all-time high set in 2011 of $1,900 per ounce
An ounce of Gold buys the least amount of Silver since 2014, which may signal to some investors that precious metals are set for further gains
Policy approach by central banks has left investors questioning its effectiveness as they scramble for better yield elsewhere, like in Gold.
Once you fragment society and divide the people turning the State against its own, then end is not far behind.
Aug 4, 2016 - 07:41:26 PDT
“Once you let politicians get their hands on the money printing machine, you are lost”. 1923 all over again.
Given that US unemployment is now beginning to look much more like European – style unemployment this is an important thing we want to find out about
This economy does not magically produce more wealth simply because you falsify interest rates to make more fake dollars available.
Aug 4, 2016 - 07:20:35 PDT
Declining labor force participation, stagnant real median household income & tighter credit is not a good recipe for an increasing homeownership rate
The collapse of asset inflation will implode all the fiscal and financial promises based on ever-inflating assets.
Initial Jobless Claims Hover At 43 Year Lows, Diverge From Challenger LayoffsAug 4, 2016 - 07:11:51 PDT
With payrolls looming, initial jobless claims continue to hover near 43 year lows, comfortably supporting any "everything is awesome" narrative
“Now they don’t act in response to the fear that they have of how the market might respond to their actions.”
Aug 4, 2016 - 06:23:07 PDT
Despite the ECB main rate lowered to 0% & negative 10 year sovereign yields, Deutsche Bank's equity keeps declining, now at $12.69. Like many banks...
I had a family member order a tube of our silver Ajax rounds last week. It was the first metal purchase they made in five years. A neighbor bought silver last month for the first time ever. And GoldSilver has seen a slew of first-time buyers this year. This all got me thinking… when crisis strikes and investors around the globe are scrambling for precious metals, will there be enough silver to go around? I have some eye-opening data for you.
Investors have been betting the ECB will soon extend its 80-billion euros a month money-printing program beyond its current end-date in March 2017
The BOJ will need to buy about 115 trillion yen ($1.14 trillion) to 120 trillion yen of JGBs, or as much as 50 percent more than planned
Definition of insanity: doing the same deficit spending over again and expecting a different result.
HSBC set aside $1.21 billion for bad and underperforming loans in the second quarter, up from $869 million in the prior-year period