Precious metals are apparently waking up. And here is where you can find the best deals.
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The Veteran Art Cashin: Market Volatility Is Reminiscent of the 1987 CrashApr 6, 2018 - 06:55:08 PDT
UBS Financial Services Managing Director Art Cashin said this year's market volatility reminds him of the 1987 stock market crash.
The consolidation that has yielded a massive, 3-year Bullish Ascending Triangle is almost complete.
"The trade deficit collapsed in the wake of the Great Recession; closing the trade deficit isn’t necessarily an indication of a healthy economy."
Strategist Barry Bannister called this year's correction pretty much to the day, and he's got even more bad news. Losers will be passive investors, while winners will be active managers who pick stocks for a living.
The former chief executive officer of the once-largest Bitcoin exchange, Mt. Gox, said he no longer is a Bitcoin believer, and sounded pessimistic about cryptocurrencies in general.
The March BLS Jobs Report was a huge dissapointment, and gold and silver are rising in price after the initial knee-jerk reaction. Here's more...
"This amount of Treasury debt being ingested by 'domestic' sources is off the charts in its scale and simply very hard to believe."
Unable To Work Due To Bad Weather. The whipser number of major miss was right, with only 103K jobs added in March, after an upward revised 326K in March. However, virtually all of the miss was due to bad weather as 159K were "unable to work due to bad weather."
The Trump administration is unleashing additional sanctions against seven Russian oligarchs with ties to President Vladimir Putin along with 12 companies they own or control.
"Bad money has rarely been so insouciant; the revenge never so certain."
Gold prices rose on Friday as investors sought safer assets after U.S. President Donald Trump proposed $100 billion in new tariffs on China, raising concerns about an escalating trade spat between the United States and China.
Stock markets fell on Friday after U.S. President Donald Trump’s threat to impose an extra $100-billion in tariffs on China exacerbated fears of a more serious trade dispute, while the dollar paused ahead of crucial U.S. payrolls data.
China said it would counter U.S. protectionism "to the end, and at any cost," as a war of words over President Donald Trump’s proposed tariffs on Chinese imports escalated.
President Donald Trump on Thursday directed U.S. trade officials to identify tariffs on $100 billion more Chinese imports, upping the ante in an already high-stakes trade confrontation between the world's two largest economies.
About That Manipulation: BIG CHANGES Have Occurred In The Gold Price Suppression PolicyApril 6, 2018
"These changes indicate growing tightness in the gold market — indicate that governments and central banks are having to work harder to..."
Jim Grant recently interviewed former Ronald Reagan Officer of Budget and Management David Stockman on his Grant's Interest Rate Observer podcast.Their conclusion?America is broke.And central bank free money broke it.
"As a dog returns to its vomit, so fools repeat their folly." - Prov. 26:11It appears there is some repeat folly brewing.Remember subprime mortgages? Well, they're back.
"How does one solve a problem of too much debt when bond restructurings and haircuts are no longer palatable? Inflation. Thus, without convincing signs of it soon, the risk becomes that markets pivot to feeling uneasy about the world’s debt sustainability."
As a stock rebound on Thursday put the S&P 500 on track for its strongest three-day performance since 2016, a look at the recent performance of most of the index's components paints a different picture, illustrating signs of weakness in Wall Street's health.
"This is a big deal because every institution and speculator will likely recognize it as a breakout." Here's the details...