Precious metals are apparently waking up. And here is where you can find the best deals.
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While bullish in the long-term, David says he's bearish in the short term. Here's why David is bearish, as well as his downside targets...
China has methodically entered the African continent over the last two decades, and gold is one of China's favorite targets. Here are recent developments...
How do we know gold has held its value over the last 1,000+ years? History shows us. Here's a great example using data from 1,100 years ago...
The economy in the US is nothing like it is portrayed in by the Fed or the government. In fact, the economy is getting worse. Here's why...
Has the market turned bullish on gold yet, or will we see a double bottom around the December, 2015 lows? Here's some insight...
The DX ticked up to 95.17, and gold was nudged down to $1,191.50. Gold was $1,192 bid at 4PM with a gain of $8.
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.
Are you an audiophile? Do you want your music to sound like gold? I've got just what you need. Gold earbuds.No. No. No.I don't just mean gold colored earbuds. I mean earbuds covered in actual gold.
The federal government isn't alone drowning in debt. Most US states don't have enough money to pay their bills either.That was the conclusion of the Truth in Accounting annual State of the States 2018 report. According to the report, American states have racked up $1.5 trillion dollars in unfunded state debt. Much of the red ink is related to pension plans and retiree benefits
Just. Got. Real. - Egon von Greyerz Says Ride The Precious Metals Tide Or End Up In Financial MiserySeptember 28, 2018
Egon says we're at a crossroads, where investors will either "lose it all" or benefit from the "biggest wealth transfer in history". Here are the details...
"The price of gold has fallen by 11.2% since 22 January to just under $1,200 an ounce – that’s more than 35% below its peak of $1,900 in 2011. Now may prove a good time to top up your holdings."
NYC Millennials Pay $1,800/mo. to Live in a Room 2x the Size of a Rikers' Solitary CellSep 28, 2018 - 06:39:40 PDT
Get incarcerated and put into solitary at Rikers Island, and your cell will be 48 square feet large. And rent is free! In non-jail New York City, you'll have two roommates but get to enjoy the relative luxury of 96 private square feet. But it'll cost you.
Goldman: Italy's Crazy Budget Likely to Lead to "Sudden Stop" of Capital InflowSep 28, 2018 - 06:18:55 PDT
As Italy continues to hold the EU as its economic hostage, Goldman warns that its new pie-in-the-sky ridiculous budget will drive away would-be lenders. But as Italy knows, an Italian debt default, at this point, is not Italy's problem. It's the eurozone's.
US 30-Year Mortgage Rates Hit 7.5-Year High as "Easy Money Era Comes to a Close"Sep 28, 2018 - 06:12:35 PDT
Sky-high valuations. The most expensive mortgages in over 7 years. After a decade of opportunity to buy a house at super-low mortgages rates if you wanted one. There's every reason to expect US housing demand to fall off a cliff.
Understanding some dynamics in the gold market means that it can be traded, this trader says as he offers insight and analysis of the recent action in gold...
Americans' Spending Growth Outpaces Their Income Growth for 7th Straight MonthSep 28, 2018 - 06:00:10 PDT
"Annual spending growth outpaced annual income growth for the 7th month in a row in August and month-over-month, incomes rose less than expected."
Oaktree Capital: Markets Right Now = "The Seven Worst Words in the World"Sep 28, 2018 - 05:51:13 PDT
Howard Marks has seen this unfold before. In 2008. Ignorance of risk, acquisitions at crazy valuations, and a strange but pervasive psychology that somehow, this time it will be different and the good times will never end. In short: "Too much money chasing too few deals."
Nearing month-end, gold is set to post its sixth consecutive monthly price decline. The contrarian case for buying gold now, into the teeth of extreme negative sentiment, a medium-term price decline, and in a world fraught with massive debt problems, historically overvalued risk-asset markets and high political instability, is strong.
The full effects of the first wave of tariffs are now represented in this batch of import/export data. "Year-over-year exports rose more than imports but nearly every other aspect of the report looks miserable. Agricultural exports are down 9.5% from July and a whopping 15.2% since June."
Faced with a president who is spending with reckless abandon and running up the largest federal budget deficit in history, a whole host of politicians who used to make a whole lot of noise about what a dangerous national outrage overspending was have gone totally silent.