Articles related to market
 
Steve St Angelo - SRSRocco Report
CPM Group’s Jeff Christian Responds “NEGATIVELY” To The SRSrocco Report On Silver Investment Demand
The debate continues between the SRSrocco Report and CPM Group’s Jeff Christian on the fundamentals of the silver market.  After my article, in which I questioned the CPM Group’s exclusion of silver investment demand from their supply and demand analysis, Jeff Christian responded with a comment on my website.  I am glad that Mr. Christian responded because it now allows me the opportunity to explain in more detail why I disagree with the CPM Group’s analysis.As I have mentioned before, this has
Tuesday, December 12, 2017
Michael Ballanger
Cryptojunkies: Beware the Ides of December
It was two years ago this week that I proclaimed that we were witnessing the final lows in the 2011–2015 bear market in the precious metals as gold traded down to $1,045 amidst total capitulation by the Large Specs and after massive short-covering by the Commercial traders. The weekly COT for that week showed an aggregate short position of a miniscule 2,911 contracts down from the earlier highs of over 300,000 contracts. About six weeks later, despite the earlier bottom in gold, the HUI (NYSE Ar
Tuesday, December 12, 2017
Chris Powell - GATA
Harvey Organ: Why such shorting of Comex gold and silver if there's none for delivery?
Gold and silver market analyst Harvey Organ today posts an open letter to the chairman of the U.S. Commodity Futures Trading Commission, J. Christopher Giancarlo, calling attention to the transfer to London of a huge number of gold and silver futures contracts claimed for delivery on the New York Commodities Exchange. Organ writes that the transfers, called "exchanges for physicals," purportedly are allowed in emergencies but have become common occurrences -- so common, in fact, that more Comex
Tuesday, December 12, 2017
Mish - Global Economic Analysis
BitCoin Mania Tweets of the Day
Bitcoin futures are up. The market makers are excited by arb possibilities.And it's easy to get grandma in the game.Quick, Get Grandma In Mortgages to Buy Bitcoin? Why Not? Will Bitcoin Oust the Euro? Bitcoin Bonanza Trading Halts Whopping Premiums Trading Volumes History Flashback
Tuesday, December 12, 2017
Chris Powell - GATA
Bullion Star: Why Singapore is so great for gold investors
Bullion Star, headquartered in Singapore, today expounds on the city-state's great advantages for gold investors. Bullion Star writes: "Apart from the goods-and-services tax exemption on investment precious metals, there are a number of other jurisdictional advantages that have supported the growth of Singapore as a gold trading and storage hub and that reinforce the logic for buying gold and storing gold in Singapore. "In Singapore, there are no other taxes when buying gold, silver, or other
Tuesday, December 12, 2017
Frank Shostak
The Fed's Fantasy on Neutral Interest Rates
In her testimony to the Congress Economic Committee on November 29, 2017, the Fed Chair Janet Yellen said that the neutral rate appears to be quite low by historical standards. From this, she concluded that the federal funds rate would not have to increase much to reach a neutral stance.The neutral rate currently appears to be quite low by historical standards, implying that the federal funds rate would not have to rise much further to get to a neutral policy stance. If the neutral level rises s
Tuesday, December 12, 2017
Jesse - Le Cafe Américain
Stock Markets and Precious Metals Charts - FOMC Decision Wednesday, Stock Option Expiration Friday
"They never open their mouths without subtracting from the sum of human knowledge." Thomas Reed (R-Maine) Bloomberg had economist Art Laffer, of the eponymous Laffer Curve, talking up the GOP 'Tax Reform' bill in all its 'trickle down' glory. I did not even know this retrograde nonsense peddler was still around, having been discredited in his economic theory of top down stimulus rebranded as 'supply side economics'. Now we know just how bad for the people this new tax legislation may be. The
Tuesday, December 12, 2017
Phoenix Capital - Gains Pains & Capital
The Process Through Which the First Major Central Bank Goes Bust Has Begun
In the aftermath of the Great Financial Crisis, Central Banks began cornering the sovereign bond market via Zero or even Negative interest rates and Quantitative Easing (QE) programs. The goal here was to reflate the financial system by pushing the “risk free rate” to extraordinary lows. By doing this, Central Bankers were hoping to: 1)   Backstop the financial system (sovereign bonds are the bedrock for all risk). 2)   Induce capital to flee cash (ZIRP and NIRP punish those sitting on cash) and
Monday, December 11, 2017
The Gold Report
Jack Chan's Weekly Precious Metals Market Update
Technical analyst Jack Chan charts the latest movements in the gold and silver markets. Our proprietary cycle indicator is down. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. The gold sector is on a short-term sell signal. Short-term signals can last for days and weeks, and are more suitable for traders. Open interests have dropped drastic
Monday, December 11, 2017
Bullion Vault
Silver Prices Erase 2017 Gain as Comex Bulls Retreat Fastest Ever Before Fed Rate Hike, CBOE Bitcoin Launch
SILVER PRICES failed to follow a small bounce in gold bullion Monday morning in London, holding unchanged versus the US Dollar from New Year 2017 as gold held $100 per ounce higher from January 1st ahead of this week's long-anticipated US Federal Reserve decision on interest rates. With silver prices slipping towards last week's new 5-month lows beneath $15.70 per ounce, world stock markets rose with commodities and major government
Monday, December 11, 2017
Keith Weiner - Monetary Metals
Bitcoin Hyper-Deflation
A meme we have seen in the bitcoin community seems to be gaining traction. Bitcoin is deflationary. That is prices of things, measured in bitcoin, are falling. For example, in spring 2011, gasoline was Ƀ1.00. This week, that same gallon had fallen to Ƀ0.0001875. Gas has gone down by 99.98 percent! We don’t think that even the diehard bitcoin bugs really believe this. But it leads to an interesting point. In the past, we have used the analogy of measuring a steel meter stick with stretchy rubber
Monday, December 11, 2017
Frank Shostak
Why Gold-Backed Money Doesn’t Bring Booms and Busts
According to popular thinking, not every increase in the supply of money will have an effect on economic activity. For instance, if an increase in supply is matched by a corresponding increase in the demand for money, we are told, then there won’t be any effect on the economy. The increase in the supply of money is neutralized, so to speak, by an increase in the demand for money, or the willingness to hold a greater amount of money than before.What do we mean by demand for money? And how does th
Monday, December 11, 2017
Mac Slavo - ShtfPlan
Top Crypto Mining Executive Explains Why “We’re Hoarding The Coins”
If the price action in crypto currencies over the last several months has proven anything, it’s that the blockchain has gone fully mainstream with global investors, major financial institutions and governments showing significant interest in the space. While a number of blockchain projects are moving onto the stage, the primary focus for investors has been Bitcoin, which has seen an increase of over 1,600% in 2017. And according to Frank Holmes, there is much more to come. In an interview with S
Monday, December 11, 2017
Steve Saville - Speculative Investor
Interesting Links
1) Stockman on fire Former Reagan budget director and current proprietor of the eponymous “David Stockman’s Contra Corner” was on fire in the Bloomberg interview linked below. Within the space of 8 minutes he manages to explain: a) Why the tax reform package being negotiated in the US will add upwards of $1.5 trillion to the US federal debt over the next several years without prompting a significant increase in domestic investment or providing any other real help to the US economy. b) That forme
Monday, December 11, 2017
Chris Powell - GATA
Bitcoin billionaire Winklevoss sees the cryptocurrency replacing gold
By Olga Kharif Bloomberg News Saturday, December 9, 2017 Cameron Winklevoss, thought to be one of the largest holders of bitcoin, thinks the cryptocurrency's blazing gains this year are just the start. He predicts it will rise as much as 20-fold as investors come to view it as an upgrade to gold. Wall Street's plan to launch futures contracts on Sunday, making it easier to bet against the digital currency's rally in recent months, is making some enthusiasts nervous -- but not Winklevoss. He's on
Monday, December 11, 2017
Mish - Global Economic Analysis
  Six Ways US Stocks Most Overvalued in History
US large cap stocks are the most overvalued in history. Let's investigate six ways.Crescat Capital claims US large cap stocks are the most overvalued in history, higher than prior speculative mania market peaks in 1929 and 2000. Their 25-page presentation makes a compelling case, with numerous charts. It's worth your time to download and investigate the report. Six Ways Socks Most Overvalued in History Price to Sales Price to Book Enterprise Value to Sales Enterprise Value to EBITDA Price to E
Monday, December 11, 2017
Chris Ciovacco - Ciovacco Capital Management
Is The Market Concerned About…?
After you click play, use the button in the lower-right corner of the video player to view in full-screen mode. Hit Esc to exit full-screen mode.
Monday, December 11, 2017
Chris Powell - GATA
Sharps Pixley's Williams cites Ted Butler and GATA's Ed Steer
Sharps Pixley's Lawrie Williams this week calls attention to silver market analyst Ted Butler's observation that not just JPMorganChase but also Goldman Sachs seem to be acquiring large amounts of gold and silver via the New York Commodity Exchange. Williams adds that GATA's Ed Steer notes that the recent price smashes in the monetary metals seem to result from more futures market manipulation. "If Ted and Ed are correct," Williams writes, "then it looks like JPMorgan and Goldman Sachs could be
Monday, December 11, 2017
Jeff Clark - Goldsilver
Should I Buy “Collectible” Silver? The 3 Criteria to Look For
We get the same question every time we release a new proprietary GoldSilver product: why should I buy your silver round instead of a standard bullion product like an Eagle?There are several answers to that question—they can be a great way to diversify, they’re unique in the marketplace, and they might reflect values that you share.But the biggest answer of all is this: because you might make a bigger profit.That’s a bold statement, because like most things in life, there are no guarantees. But o
Monday, December 11, 2017
Phoenix Capital - Gains Pains & Capital
Federal Reserve Created Bitcoin and Other Percolating Bubbles - Michael Carino, Greenwich Endeavors
The Federal Reserve’s tools for achieving its dual mandate of low inflation and full employment manipulate interest rates and therefore markets.  This manipulation of rates reverberates globally. Their manipulation historically had been more light handed and invisible to most of the public.  However, over the last decade, their impact on interest rates and yield levels have been the most dramatic in the history of the Federal Reserve.  Whenever you have policies that are extreme, it is best to
Monday, December 11, 2017
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