Articles related to election
Mish - Global Economic Analysis
Spanish Government Threatens to Seize Catalan Finances to Stop Referendum: Juncker in Hot Water
In its latest move to stop an October 1 independence referendum, the Spanish Government is Poised to Seize Catalan Finances. Finance Minister Cristóbal Montoro said a mechanism had been approved for the state to take control of the autonomous region’s finances. Madrid is seeking to stop the Catalan government spending public money on its planned independence referendum. If the deadline is not met, the central government will take over the funding of most essential public services in the region,
Saturday, September 16, 2017
Adam Hamilton - Zealllc
Gold Investment Resuming
Gold has surged dramatically to major breakouts since its usual summer-doldrums lows.  That’s naturally rekindled interest in this leading alternative investment, despite the record-high stock markets.  Investors are starting to return to gold again to prudently diversify their stock-heavy portfolios.  That’s very bullish for gold, as investment capital inflows can persist for months or even years.  This shift is most evident in GLD. The American SPDR Gold Shar
Friday, September 15, 2017
Alasdair Macleod - Finance and Eco.
Outlook for the dollar price of gold
Now that gold has become overbought on Comex, the price is vulnerable to being trashed, yet again, by the too-big-to-fail banks. It is a familiar operation in gold futures markets, where speculators buying contracts protect themselves with stop-losses.All the TBTF banks need is a pause in the speculator’s buying and a little good news (bad for gold). Ideally, the active contract will be running into maturity, so the speculators are forced to put up or shut up: in other words, sell the contract,
Friday, September 15, 2017
Jan Skoyles - GoldCore
Massive Equifax Hack Shows Cyber Risk to Deposits and Investments Today
44% of US population affected by Equifax hack Hackers took names, birthdays and addresses, Social Security and driver’s license numbers Steve Mnuchin “concerned about the global financial system and keeping it safe,” Hacks is a reminder of the vulnerabilities created in a connected world Cyber security is a major threat to both banking and financial industry Investors should hold physical gold as insurance against hacking and cyber attacks Last week 143 million people woke up to the news that
Friday, September 15, 2017
Richard Mills - Ahead of the Herd
Only Political Dividing Line Left - Roots Based Politics Because of the rise of Globalism in the late 20th century the U.S. and Western Europe have recently seen stirrings of nationalist awakenings. Terrorism, turmoil in the Middle East and waves of Muslim refugees have fueled the trend. Wikipedia says this about Nationalism; “a nation should govern itself, free from unwanted outside interference, and is linked to the concept of self-determination. Nationalism is further oriented towards developing and maintaining a national iden
Sunday, September 10, 2017
Chris Martenson
Who’s Going To Eat The Losses?
Unsustainable. Many more people need to understand what that word really means, and how it applies to pretty much everything in the current human living arrangement. Especially the so-called 'developed' nations. Here’s the dictionary definition: Let's take these three definitions one at a time. First: our entire economic model, which dependent on borrowing at a faster rate than income (GDP) grows, is something that simply cannot be maintained at its current rate or level. Check. Second: depleti
Saturday, September 9, 2017
Adam Hamilton - Zealllc
Major Gold-Stock Breakouts
The gold stocks are off to the races again, with big gains mounting.  They just staged major breakouts, shattering a vexing consolidation that had trapped them for an entire year.  Such momentum early in gold’s strong season is a very-bullish portent.  As higher prices improve both technicals and sentiment, buying begets more buying.  With gold-stock prices still quite low in secular terms, their upside remains huge. Gold stocks are a small contrarian sector wi
Friday, September 8, 2017
Rick Ackerman
Gold's Latest Rally Tops a Crucial Benchmark
Today’s rally was the most important in gold since it entered a bull market in December 2015. Actually, the rally has significantly raised the odds that the entire bull move since then has been impulsive rather than merely corrective of the bear market begun from above $1900 in 2011. It also put in play the 1474.4 target shown.  The rally achieved two additional feats, one of them crucial to the intermediate-to-long-term picture: 1) exceeded a 1352.90 Hidden Pivot target of middling importance;
Friday, September 8, 2017
Jason Hamlin - Gold Stock Bull
Gold Distributes Wealth, Central Bank Fiat Concentrates It
The fruits of increased productivity used to be distributed across society. Everyone benefited as the economy became more productive, new technologies emerged and new industries were born. Prosperity spread across society as jobs were created, poverty was reduced and a robust and thriving middle class emerged in America. Then came the 1970’s and something suddenly changed. Wages decoupled from productivity and workers no longer benefited from improvements in the economy. This trend has continued
Thursday, September 7, 2017
Adrian Ash - Bullion Vault
  Gold Price Not 100 About Real Rates. But Close
Nor 100% about the Dollar. Just in time for Goldman Sachs to catch on... NICE to see Goldman Sachs spotting what matters 3 months late. "It is tempting to blame the rally in gold prices on recent events in North Korea," says a note from the US investment bank's commodities team under Jeffrey Currie.
Thursday, September 7, 2017
Przemyslaw Radomski CFA - SunshineProfits
Gold Price in September 2017
It was not so long ago, when we wrote about the record-breaking volume in gold. We described the implications of the extreme monthly volume and we discussed the very high readings in case of the individual sessions. We even described these sessions as the most important sessions of the year – at that time. Well, “at that time” those volume readings were indeed extreme, but what we saw yesterday made the previous sessions seem regular. The Tuesday’s volume in gold was the highest that we’ve seen
Wednesday, September 6, 2017
Morning Snapshot: Gold well bid near 11-month highs
USAGOLD/Peter Grant/09-06-17 Gold remains well bid, near the 11-month high established yesterday at 1344.33. Geopolitical and political tensions continue to dominant the headlines, driving haven flows. U.S. yields have reached levels not seen since the U.S. election back in November. This is obviously weighing on the dollar and providing an additional tailwind for gold. The North Korean nuclear test over the weekend reportedly has enraged Chinese leaders. Hawkish rhetoric is on the rise in Beiji
Wednesday, September 6, 2017
Stewart Thomson - Graceland Update
Gold: Book Profits Now
Graceland UpdatesBy Stewart Thomson 1.Gold has staged a fabulous rally from about $1220 to $1245.Using the December futures price chart, I’ve defined the $1300 - $1350 area as a spectacular profit booking opportunity for investors.2.Please click here now. Double-click to enlarge this gold chart.3.I’m an eager gold bullion seller now, but I’m less eager to sell gold stocks or silver bullion.That’s because they have not taken out their February highs while “Queen Gold” has done so easily.4.Gold ha
Tuesday, September 5, 2017
James Howard Kunstler
  Perturbations Anon 
Happy Labor Day everybody. Forward from here, things get jiggy. The nation faces a pile-up of events as we turn the corner on summer and head into the spook-house of autumn. This will be the week when the reeking after-effects of Harvey’s journey through Houston become super-vivid. It’s going to be hot-hot-hot there all week, perfect conditions for mold to creep through untold square-footage of soggy sheetrock and plenty of nutriment in the toxic gumbo of lingering standing water for mosquitoes
Monday, September 4, 2017
Peter Schiff - Euro Pacific Capital
Trump at His Most Brazen
The media has taken President Trump to task for all manner of false or exaggerated claims, but surprisingly little has been said about Trump’s most glaring forays into abject hypocrisy. Recently, on the Joe Rogan podcast, economist Peter Schiff outlined how Candidate Trump rightly questioned the reliability of unemployment data and stock market performance, but reversed himself completely on those fundamental views after the election. On the campaign trail, Trump consistently described t
Friday, September 1, 2017
Jan Skoyles - Goldcore
Precious Metals Outperform Markets In August – Gold +4, Silver +5
– All four precious metals outperform markets in August – Gold posts best month since January, up nearly 4% – Gold reaches highest price since US election, climbs due to uncertainty and safe haven demand – S&P 500 marginally higher; Euro Stoxx, Nikkei lower for month – Platinum is best performing metal climbing over 5% – Palladium climbs over 4% thanks to seven year supply squeeze – Fear, uncertainty and political sanctions are amongst biggest drivers for precious metals – Never been a better ti
Friday, September 1, 2017
The Daily Market Report: Gold’s Dip Below $1300 Attracts Fresh Buying
USAGOLD/Peter Grant/08-31-17 Gold ticked briefly below 1300.00 in overseas trading, before renewed buying interest emerged. The yellow metal is now up nearly 1% on the day; $20 off the intraday low. Geopolitical tensions continue to ratchet higher: The U.S. conducted live-fire bombing runs on the Korean Peninsula yesterday, along with South Korean and Japanese planes. Some of the planes were reportedly nuclear capable B1s from Andersen Air Force base on Guam. Treasury Secretary Mnuchin contends
Thursday, August 31, 2017
Steve St Angelo - SRSRocco Report
INVESTORS RETURN: U.S. Silver Eagle Sales Surge Over Past Two Days
While interest and sentiment in the precious metals have been depressed compared to the preceding month, this all changed during the past few days.  This trend change is particularly the case for silver.  Even though Silver Eagle sales have been much weaker this year, positive signs show that investors still believe in acquiring the shiny metal when fear and uncertainty enter into the markets.Although, Silver Eagle sales for Jan-Aug 2017 are nearly 50% lower than they were during the same period
Thursday, August 31, 2017
Rick Ackerman
Why Gold's Surge Beckons Caution
With a sharp lurch higher, December Gold has broken above the 1301.20 resistance I’d flagged as crucial to the intermediate-to-long-term outlook.  The rally is encouraging, but we should remain cautious for two reasons. For one, the move was catalyzed by news that Kim Jong Un-sane had fired a missile over Japan. As someone pointed out in the Rick’s Picks chat room on Tuesday, however, traders who have faded market moves caused by seemingly shocking news have only made money.  Indeed, every geopo
Wednesday, August 30, 2017
Chris Powell - GATA
Rickards: Repatriation will slow gold leasing; U.S. may revalue gold if debt ceiling isn't raised
Fund manager and author Jim Rickards writes today that repatriation of German gold from the New York Fed to the Bundesbank's vault in Frankfurt will greatly reduce the gold available for market manipulation through leasing, because there is no well-developed system of leasing in Frankfurt nor adequate law to provide for it. Rickards adds that the repatriation was hastened so that German Chancellor Angela Merkel, embroiled in an election campaign, could appease a small nationalist party that advo
Wednesday, August 30, 2017