Precious metals are apparently waking up. And here is where you can find the best deals.
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The inflationary pressures are clearly building along with exploding budget deficits, a weak dollar... this is all reversing.
Gold & Silver Smashed Pre-Market On Inflation Data (Even Though Inflation Is Bullish For Gold & Silver)February 14, 2018
SD Midweek: Inflation runs hot yet gold is down $20 from overnight lows and silver gets beat-down too. This won't last. Here's why...
"These are the lowest risk premiums over Libor since the Financial Crisis."
...Got Gold?
Mortgage Rates Rising! The next gut-check comes Wednesday, with the latest read on consumer prices. Yes, the 10-year Treasury note yield has been rising as The Fed takes its massive foot off the accelerator.
PCE Deflator YoY still below 2%. While hourly earnings are still below levels seen in 2007. ”The FOMC has already boosted their growth outlook for 2018 in…
Russian financial institutions and firms are ready to work without SWIFT's interbank cash transfer services, according to Deputy Prime Minister Arkady Dvorkovich.
The dollar slid to a 15-month low against the yen on Wednesday, U.S. inflation numbers that could soothe, or inflame, fears of faster interest-rate hikes globally.
Now, we are adding three-four Dollars of debt to create an additional Dollar in GDP. This monetary hocus-pocus isn’t sustainable.
Stewart explains why gold has "acted like a champ while quantitative tightening and rate hikes accelerate" Here's the details...
"It will look and feel like HYPERINFLATION to those holding the dying debt and currencies..."
SRSrocco explains why following somebody into the Bitcoin Ponzi is just like the blind leading the blind...
Investor Jim Rogers has seen a lot in 75 years. So when he starts talking about the worst bear market in our lifetime, we probably ought to sit up and take notice.And that's exactly what Rogers said in a recent phone interview with Bloomberg.When we have a bear market again, and we are going to have a bear market again, it will be the worst in our lifetime."
During a podcast last week, Peter Schiff asked a key question: Who is going to buy all of this US debt?The US Treasury Department plans to auction off around $1.4 trillion in Treasuries this year. And it won't end there. The department expects that pace of borrowing to continue over the next several years.That's a lot of bonds. Who will buy them? Because the biggest purchasers of US debt aren't in a buying mood.
Gold rose last night in a range of $1321.65 - $1330.80, taking out resistance at yesterday’s $1327 high, but was capped ahead of the $1332 peak from 2/6. It climbed against a weakening dollar, which broke below the key 90 level in the dollar index (90.18 – 89.65).
Gold futures score back-to-back gains as the dollar weakens Tuesday, with the metal taking back a sliver of the more than 1.6% erased last week in its worst performance in two months.
Roach Says The Economy Is Not Sound.
Large speculators have amassed a record short position in 10-year futures, according to Commodity Futures Trading Commission data through Feb. 6.
And what happens when interest rates inevitably rise on what is primarily variable-rate debt?
Gregory Mannarino: Here's Why Silver Is Bar None The Most Undervalued Asset In World HistoryFebruary 13, 2018
Gregory says every financial asset must correct to fair value, so for gold, and especially for silver, that means major price increases. Here's the details...