Precious metals are apparently waking up. And here is where you can find the best deals.
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Is gold finally catching the "safe haven" bid? Is the mainstream warming up to gold with all the mayhem in the markets? Here's Matt with some insight...
If We Build It, Gold & Silver Will...Wait A Minute...A Massive Rally Will Come With Or Without The Wall!December 21, 2018
SD Friday Wrap: The border wall is back in the news, and gold & silver really can't lose. Here's why...
(By Mike Shellman), The United States Geological Society (USGS) today released a report stating there is an estimated 46.3 billion barrels of theoretical, technically recoverable, as yet undiscovered light tight oil reserves in the Wolfcamp, Bone Springs and Avalon shaley carbonate formations in the Delaware Basin of West Texas. Shale oil, it seems, keeps growing...
Money manager and legendary short seller Bill Fleckenstein discusses why he thinks gold is soon to catch a bid...
Eric Sprott breaks down all the gold & silver news you need heading into 2019, including signs that THE BIG RUN for gold has already started...
Danske Bank: The Nearly Impossible Task of Recovering Trust After Massive FraudDec 21, 2018 - 10:01:43 PST
"Ultimately, there are too many unknowns for investors to assume the worst is behind them. At Alfred Berg, head of equities Leif Eriksrod says Danske has turned into 'a big black box. It’s clear that it has fallen a lot, but whether it’s cheap now is a speculative guess.”
We traded above the technical price of $1,256.30, and we hit $1,266. Here's what this technician says comes next for gold, including gold's next pullback...
"While the economic impact of a shutdown would likely be limited, the consequences of similar strife over increasing America’s borrowing capacity could be huge, if recent history is any guide."
Rudolph the Red Nose Reindeer is my favorite Christmas special. And Yukon Cornelious is one of my favorite characters in the show. I mean what's not to like, right? He's a man's man. He openly carries a gun. He travels with cornmeal and gunpowder and ham hocks and guitar strings. And he's always on the lookout for silver and gold.Smart guy!
Michael Ballanger: I Continue To Look For Upside Resolution Of The Current Battle For GoldDecember 21, 2018
Michael is looking for gold & silver to make a move to the upside. Here are the specific price levels he's watching, and why he's watching them...
Fed's Williams: We Could "Reassess Our Policy" in 2019 if Conditions WarrantDec 21, 2018 - 07:22:13 PST
Another day, another conflicting and contradictory statement from someone at the Fed. While touting that the economy is strong, New York Fed President John Williams also seemed to extend a dovish olive branch, sending stocks sharply higher.
El-Erian: Powell Is Attempting to Break the Market's Reliance Upon Fed PolicyDec 21, 2018 - 07:08:28 PST
"Jerome Powell would likely say 'it's about time the markets stand on their own feet' in response to stocks sinking Wednesday following his press conference, economist Mohamed El-Erian says."
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
"Risk spreads on American high-yield debt have jumped 130 basis points to 446 since early October. The weakest CCC junk grades have jumped 280 points to 1,233."
"Vikram Singh is accustomed to life under the tyranny of elements he cannot control, from rains that do not fall to insects that tear at his crops. Lately one unchanging trouble is plaguing his family — rising prices."
$100T Yen: Largest Annual Budget Ever for Japan, the World Most-Indebted NationDec 21, 2018 - 06:30:49 PST
"The budget will increase 3.8 percent to about 101.5 trillion yen, according to a draft budget document obtained by Bloomberg News. Almost a third of that spending will be paid for with debt issuance."
December Setting Up as Largest Withdrawal Month Ever for US-Based Stock FundsDec 21, 2018 - 06:13:55 PST
“The central bankers are taking the punchbowl away and it’s not being well received,' said Stephen Blumenthal, executive chairman of CMG Capital Management Group Inc, an investment manager. 'If we were having all these troubles and the market was ridiculously cheap it wouldn’t be as big of a problem.”
Since 1984, There Have Only Been 8 Days With This Many Stocks Hitting 52-Week LowsDec 21, 2018 - 06:07:22 PST
"Two of them were in 1987 -- during the famous Black Monday crash, when the Dow Jones Industrial Average lost 23 percent in one day, and then again during the following session. The rest were in the aftermath of the collapse of Lehman Brothers in October and November 2008."
Is It Worth Losing 1.4M American Jobs to Lower the Inflation Rate by 0.1?Dec 21, 2018 - 05:40:38 PST
"Projections show that officials expect the unemployment rate to fall to 3.5 percent in 2019, from the current 3.7 percent — already the lowest in almost five decades. After that, they expect the rate to rise back to 4.4 percent — which, given a labor force of 160 million, would add up to about 1.4 million extra unemployed people."
Dec 21, 2018 - 05:32:51 PST
"The United States has pledged $5.8 billion in aid to develop Mexico and Central America, strengthen their economies and curb immigration. The aid package will be used to improve security conditions and job opportunities in Mexico and Central America."