Precious metals are apparently waking up. And here is where you can find the best deals.
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When the most basic stock market valuation tool is telling you that stocks are more overvalued than they were in 1929, it's time to mine historical data for undervalued markets. Mike Maloney explains the how and the why.
This week on our SD Metals & Markets Podcast, we speak with Roy Friedman, a multi-decade bullion market maker...
2018 has turned into a sucker punch to the gut for the gold sector. After consolidation, however, the case is strong for a v-shaped reversal. Here's why...
SD Friday Wrap: The bully may have pushed gold & silver down, but they are standing up now, they've brushed themselves off, and they're about to start swinging...
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.
How would you like to own a silver Rolls Royce?I mean literally silver.Now's your chance.The classic luxury car company is rolling out a limited-edition commemorative Silver Ghost - with actual silver incorporated into the design. As the AutoBlog put it, the four-door Rolls features judicious use of the precious metal.
Gold fell about 3% through the first half of August, dropping below the key $1,200 support level. But a report by the World Gold Council released this week lists three key fundamental and technical reasons the gold price may well rebound in the near future.
In the afternoon, US stocks remained firm, with the S&P finishing at a record high close of 2,875. The 10-year yield ticked down to 2.815%, and the DX recovered slightly, but traded narrowly between 95.06 – 95.19. Gold drifted down to $1,204.50, and was $1,205 bid at 4PM with a gain of $20.
"Powell says the U.S. economy has 'strengthened substantially,' and further gradual normalization of Fed policy remains appropriate; adding that 'gradual hikes likely appropriate' but warns that 'there are risk factors abroad and at home."
"There are so many reasons for people to want to get out of paper currencies and into something hard..."
The Mainstream-est of All: USA Today — "America on a Path to Fiscal Ruin"Aug 24, 2018 - 09:56:45 PDT
Despite the bread-and-circus distraction of political drama, the all-time largest federal debt math grinds forward, sealing the US dolllar's fate day by day. Is the mainstream media finally starting to figure this out?
Trade Talks Fail, More Tariffs On Deck, Higher USD/CNY, Lower Gold Prices - David BradyAugust 24, 2018
"If this occurs, I see USD/CNY going higher and Gold going lower in the short term...But Gold is just..."
Aug 24, 2018 - 06:31:13 PDT
"There’s no magic investments that states can make here to recoup the money. Just like we saw with the financial crisis, high risk means that at some point there are going to be big declines and they won’t be able to pay their bills."
All Sizzle, No Steak: Bloated Stock Market Returns Obscure Real Economic DecayAug 24, 2018 - 06:10:20 PDT
"A rising stock market has the illusory effect of masking the economy’s warts and blemishes. Who cares if incomes stagnate when everyone’s getting rich off stocks? Why grumble over a labor participation rate that’s at a 40 year low when Netflix is up over 6,000%?"
Harvey has assessed the damage of this latest raid. In addition to gleeful regulators watching in amazement, here is what Harvey found...
"After managing a modest bounce in June, expectations were for a drop in Durable Goods Orders in July and just as we have seen soft survey and hard 'real' data disappoint, so did preliminary data showing a worse than expected 1.7% drop MoM."
Aug 24, 2018 - 05:41:14 PDT
What happens when even the facade of a free market is abandoned and a central bank hijacks an entire nation's economy? One way or another, the Bank of Japan is going to find out.
Seeking a massive refinancing for its dire debt situation, Italy has been scrambling to find a 'buyer of last resort.' At a time when the US is running a record deficit and will be issuing record debt to cover it, Trump offers financial aid to the eurozone's perpetually overspent economic weak sister.
“China doesn’t wish to engage in a trade war, but we will resolutely respond to the unreasonable measures taken by the United States. If the United States persists with these measures, we will correspondingly take action to protect our interests.”
Chris Powell: Gold Fund Manager Marvels At Low & Depressed Gold Price But Declines To Explain ItAugust 23, 2018
Chris shares yet another example of completely ignoring the elephant in the room, gold price suppression, and Chris shares why it matters for investors...