“Gold has worked down from Alexander’s time. When something holds good for two thousand years I do not believe it can be so because of prejudice or mistaken theory.” Bernard Baruch “The commerce and industry of the country, however, it
March 23, 2016
I’m not completely convinced stocks have begun the drop into the daily cycle low, but if it has, everyone should be an old pro at these by now.
There were two record-breaking silver factors in 2015 that could turn out to be quite an interesting development for 2016. The figures that make up these separate factors don’t seem so striking until we combine them and study at the
Global stock markets, especially in the US, have made a furious comeback from the lousy start of the year. At its worst level the S&P 500 was down 11% year to date and 15% from its peak late last spring.
Safe haven buying is ignoring precious metals and piling into bonds today with the long-end notably outperforming (-6bps) today. This has compressed the yield curve even more, putting more and more pressure on the “rate-hike environment” hopers who bought banks like they
It was no surprise to see profit takers sweep in and take money off the table. There was relative distribution in the S&P, although overall volume was well down on recent buying. Technicals for Large Caps remain net positive and
Ira Epstein leads us through the day’s currency highlights. Video Length: 00:09:45
Many of you know that, for quite a long time, I had a childish tantrum against fellow blogger Northman since, long ago, he managed to hurt my feelings (which, experience has shown, is easier to do than shooting fish in a barrel;
The shouts of warning are finally starting to come out from official bodies. Since the collapse of the oil and gas market, we have been writing about the fact that we haven’t seen the worst yet. As I have previously
In this podcast I address criticism of my recent article exposing the high cost of buying and taking physical deliver of gold coins from BitGold. My critics have ignored the disturbing facts that I revealed, and instead have erected straw
