There is a remarkable correlation between the prevailing level of global liquidity (defined as the sum of the U.S. monetary base and the foreign holdings of U.S. Treasuries) and the price of gold per troy ounce. The current correlation suggests a gold price of $1,780 as illustrated by the chart below.
Read More »Believe It Or Not: 147 Financial Institutions Control 40% of the Global Economy
Are the big banks really as powerful as some people say that they are? Do they really control the global economy? If you asked most people, they would tell you that governments control the global economy but the fact is that the campaigns of our politicians are funded by the ultra-wealthy, the big banks and the large corporations that they control. Others would tell you that the Federal Reserve and the rest of the central banks around the world control the global economy but the truth is that the Federal Reserve was established by the bankers and for the benefit of the bankers. As you will see below, at the very core of the global economy there exists a "super-entity" of financial institutions that control an almost unimaginable amount of wealth and power. These financial institutions, and the ultra-wealthy individuals behind them, are really the ones that are pulling all the strings.
Read More »Six Supports & Serious Shorts Suggest Silver Should Soar Soon
Silver has come down in price to the point where 6 different support lines have come into play coupled with a silver short situation where silver has rallied in similar situations over the past 8-years. The aforementioned suggests that silver is ideally situated to soar again soon. Take a look at the chart and decide for yourself if this is the day to get (further) invested.
Read More »Current Stock Market High Is NOT a Bearish Signal – Here’s Why
The Dow has begun a major rally 13 times over the past 112 years which equates to an average of one rally every 8.6 years so, as it stands right now, the current Dow rally that began in March 2009 would be classified as well below average in both duration and magnitude.
Read More »Goldrunner: Fed’s Review of Banks Trading In Physical Commodities A Pivotal Moment For Gold (+2 K Views)
Gold has busted up on the open to take out the $1300 resistance. This article explains the reasoning for that move, why it is so pivotal in nature and what to expect in gold pricing action over the short term.
Read More »Noonan: NO Evidence of Change in Downward Trend In Gold & Silver…Yet (+3K Views)
You will read more and more articles touting how gold and silver have bottomed. They have not, at least according to price behavior as determined by actual buyers and sellers in the market.
Read More »European Debt Problems Continue to Escalate
With stocks at record highs and the U.S. economy improving, the European debt crisis seems like a distant memory....[While] Europe is no longer the market’s focal point, however, that doesn’t mean the euro zone’s financial problems have gone away.
Read More »I’m Looking for Gold to Drop to Between $1,000 & $900/ozt. Here’s Why (+2K Views)
As the U.S. economy continues to improve steadily, the Federal Reserve prepares to dial back its QE policy, and investors continue to rotate into stocks, the price of gold is poised to fall further. Look for another down leg in the range of $1,000 to $900 an ounce. That's another 20% to 25% loss.
Read More »How Low – and How High – Could Gold Go?
Is gold undervalued or overvalued?...[Unfortunately,] there's no good way - and definitely no universally accepted way - to determine a "fair value" for gold. Unlike a stock, gold doesn't have a price-to-earnings ratio that we can easily compare to the market. [That being said, I offer in this article] a logical, real-world price target. Words: 700
Read More »Good Luck Growing Your Nest Egg! The Best and Worst Savings Account Rates By State
Good luck growing your nest egg with the rates the average savings account pays in America! Below is a savings account rate heat map state-by-state.
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