Precious Metals – Where Do We Go From Here?

Precious Metals – Where Do We Go From Here?

The precious metals bull market ended in tears for many. The prospects for gold. The volatile silver market loses its mojo. Platinum has had a rough time. Palladium shines but a sign that could end. Election Day in the United States changed the trajectory of many markets. Industrial commodities took off to the upside with copper breaking above resistance and ending a more than five-year period of lower highs. Many divergences have developed in markets…

Market Indicators Point to Recession In 2017

Market Indicators Point to Recession In 2017

2017 is primed to be the year of the second coming of the Great Recession. In this past year, we’ve seen a number of back-to-back economic red-flags, including some eerie marketplace déjà vu. That is, market trends today are nearly identical to their ’07–’08 counterparts. Economists are in agreement, and there’s no denying the evidence: we’re on the brink of the next recession and this one is going to be devastating.

Why I Prefer Silver In The Current Market

Why I Prefer Silver In The Current Market

There are tough times ahead for precious metals with volatility and uncertainty fast becoming the new norm. Silver in the current environment is a superior investment to gold because of its dual attributes as an industrial commodity and precious metal. Silver will be extremely volatile over the short-term but its long-term fundamentals remain solid. For as long as I have been investing I have not been a tremendous fan of gold. Its lack of utility…

What’s Going On with the Price of Gold?

What’s Going On with the Price of Gold?

The polls had it all wrong. Hillary was seen as a shoo-in, and pundits thought Donald Trump didn’t have a chance. Not only that, but the Donald Trump presidency was predicted to send the marketplace burning. The dollar was expected to crash, the equities market would collapse and gold prices were set to skyrocket. Since the election last week, we’ve actually seen the opposite: gold has dropped to unprecedented lows, the equities market has soared…

Three Gold Booms of 2017

Three Gold Booms of 2017

The price of gold is about to experience a kind of dramatic upward price pressure that we haven’t yet seen in our lifetime. Three titanic events for the gold industry are going to coincide by the end of 2016, and analysts who’ve kept a close eye on international gold trends are sounding the alarms in anticipation of the end of the year announcement.

Trump Win Fires Gold to its Busiest Ever Trading Day as Volume Spikes

Trump Win Fires Gold to its Busiest Ever Trading Day as Volume Spikes

Donald Trump’s victory is also a win for gold brokers. Gold had its heaviest-ever trading day as investors rushed to havens on concern Trump’s presidency will upend decades of US economic and foreign policy. More than 780,000 futures changed hands by mid-afternoon on Wednesday in New York, surpassing the volume on June 24 after Britain decided to leave the European Union, based on data using the most-active Comex contract.

Gold Price Retreats After Initial Surge on U.S. Election Result

Gold Price Retreats After Initial Surge on U.S. Election Result

The price of gold fell back from the sharp gains made earlier on Wednesday, after a conciliatory victory speech from U.S. president-elect Donald Trump also helped the dollar rebound. Gold had surged by nearly 5 percent to a six-week high of $1,337.40 an ounce as it emerged that the Republican nominee had triumphed over Democrat Hillary Clinton in the presidential election, a surprise for markets which prompted investors to seek refuge in perceived safe-haven assets…

These Three Major Catalysts Are Poised to Send Gold to the Moon

These Three Major Catalysts Are Poised to Send Gold to the Moon

Today, instead of our usual market commentary, we’re sharing an urgent essay by our own E.B. Tucker, editor of The Casey Report. In it, E.B. makes the case for a massive leap in the price of gold, much like what we saw earlier this year… He says that three pivotal factors — that you’d never hear about from the mainstream financial media — will coincide by the end of this year to provide a historic…

Why Deutsche Bank’s Troubles Should Worry Us

Why Deutsche Bank’s Troubles Should Worry Us

Deutsche Bank is in trouble — and that’s bad news for all of us. Deutsche Bank is Germany’s biggest bank, with more than 100,000 employees around the world and operations in more than 70 countries. Its assets total about $1.7 trillion. One worrying sign of the bank’s distress is that its stock is trading now at about $14 a share, roughly half the peak (almost $29) in the past year and much lower than the…

Inner FBI Turmoil Over How To Handle Hillary’s Emails

Inner FBI Turmoil Over How To Handle Hillary’s Emails

The FBI has reason to believe that thousands of the 650,000 emails found on a laptop used by Huma Abedin could have been sent to or from the private server that Mrs. Clinton used while she was secretary of state. The rekindling of the investigation so close to Election Day may cost Hillary what has been informally regarded for weeks now as her guaranteed win. Huma Abedin has a long track record as one of…