Gold is becoming more and more acceptable in the investment community and especially since interest rates have approached zero and in some countries even gone negative. Until recently no portfolio manager would have mentioned gold and even less recommended it but now the investment profession is starting to discover the liquidity trap and acknowledge the value of cash and, more specifically, gold and its place in a diversified portfolio.
Read More »Will Higher Interest Rates Result In Lower Gold Prices?
It is my view that gold is in the Phase III of its Cup-and-Handle chart formation and the next breakout will bring it to $1,375 level. While It is possible for gold prices to fall below 1,200, or below 1,000 later, as many believe, I see that as unlikely. This may happen only if...
Read More »Noonan: Gold & Silver Appear To Be At A Turning Point (2K Views)
There has been clear change in developing market activity that is favorable for gold and silver, both having the best and strongest recent rally since the 2011 highs. The rallies were also accompanied by the strongest volume increases over the past few years, another positive sign.
Read More »Keep on Truckin’ – April SUV & Truck Sales UP 11%, Car Sales DOWN 5%
Last month Americans bought 1.5 million vehicles, a 3.6% bump from a year ago, establishing a new record for April and eclipsing the old mark set 11 years ago for a seasonally adjusted annualized pace of 17.4 million vehicles. That puts automakers on track for a second consecutive annual sales record and resultant strong profits could cause investors to pile into the stocks of major auto makers. Words: 537
Read More »These Financial/investing Apps Rank In the Top 10
There are lots of investing and other financial tools available to the individual investor in today’s world and apps shouldn’t be ignored. They conveniently sit at your fingertips ready to provide analysis, ideas, money management, and other data. In this article I present 10 of my most used apps for investing and other financial aspects of my life.
Read More »Going Cashless Is Snowballing Around the World
Love it or hate it, cash is playing an increasingly less important role in society. In some ways this is great news for consumers. The rise of mobile and electronic payments means faster, convenient, and more efficient purchases in most instances...However, there is also a darker side in the shift to a cashless society. Governments and central banks have a different rationale behind the elimination of cash transactions, and as a result, the so-called “war on cash” is on.
Read More »This One Map Explains the Economies of the Middle East (+2K Views)
If we could only show you one map to explain the economy of the Middle East, it would be the map below. In one fell swoop it tells us a lot about the wealth, geopolitical influence, and natural resources of the region as well as parts of Central Asia...
Read More »A Major Crisis of Trust Exists In the USA – Here’s Where, Why & By Whom
We have a crisis of trust in America and, as the charts below show, it has only accelerated with government policies of financial repression.
Read More »The 50 US Companies With The Most Profits Stockpiled “Overseas” To Avoid Taxes In the U.S.
There is a misconception about the uncanny ability of very profitable U.S. companies, like Microsoft and Apple, to park their profits overseas in order to dodge U.S. taxes: the money from these profits that are parked “overseas” isn’t actually overseas. Words: 338
Read More »Another Big Bank Shock Is Inevitable Unless…
8 years after the credit crisis, most big American banks and almost all big European banks are relapsing in spite of extraordinary central bank efforts to liquefy and engineer profits for them. However, as long as they pose colossal risks to the global economy and draw tens of trillions of dollars of central bank spending (which they mostly hoard on their balance sheets to survive and thrive) away from productive economic use, global growth will continue to stagnate, until it contracts dramatically and implodes the big banks all over again.
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