As an article at the Gold Telegraph starkly put it, “the rise of the petroyuan could be the death blow for the U.S. Dollar.”
Apr 18, 2018
Podcast: The Calm Before The Storm
Peter Schiff discusses the state of the economy and his market outlook on his most recent podcast.
Apr 11, 2018
Gold: Ever Tightening Supply
During the Squawk Box interview, US Global Investors CEO Frank Holmes noted that the massive money-printing around the world has made gold an important part of an investment portfolio. Holmes also mentioned the ever tightening gold supply.
Related trading instruments:
- SPDR Gold Trust ETF (GLD)
- Market Vectors Gold Miners ETF (GDX)
Apr 9, 2018
Stock Market: Short-Term Pain
Even
President Trump came out today and he
said the stock market might be in for
some short-term pain right but he says
it's worth it because we're going to get a long-term gain and of course he's
referring to his tariffs or a trade war
that we're gonna win this trade war and
that's going to deliver the long-term
gain. It ain't! We're gonna have
short-term pain and then the pain is
gonna get worse
in the long run.
Apr 6, 2018
Gold: A Tight Trading Range
If you
look at the gold chart the range
is really getting compressed. We're
not breaking out but we're not breaking
down. It's getting narrower and narrower, we're really consolidating.
Related trading instruments:
- Market Vectors Gold Miners ETF (GDX)
- Market Vectors Junior Gold Miners ETF (GDXJ)
- SPDR Gold Trust ETF (GLD)
Apr 3, 2018
Stock Market: We Are In A Bear Market
We're in a
bear market, it's just not officially
acknowledged yet. You know, just like a lot of
times you know they don't acknowledge
the recession until after you have two
quarters of negative GDP growth but
clearly you're in the recession for a
long time before it's officially
admitted.
There's
one caveat if the Federal Reserve comes
in and changes the game by taking away
the rate hikes or launching QE 4 then we
may never make it to a bear market. But
if the Federal Reserve continues on its current path
and maintains the current pretense then
we are in a bear market and it's only a
question of time before it is officially
acknowledged.
Related trading instruments:
- SPDR S&P 500 Index ETF (SPY)
- SPDR Dow Jones Industrial Average ETF (DIA)
- iShares Russell 2000 Index ETF (IWM)
- Nasdaq 100 Index ETF (QQQ)
Subscribe to:
Posts (Atom)