That hasn’t necessarily been the case during the current gold bull market, which Casanova predicted could run for a few more years, with gold prices hitting $3,000 per ounce or more. “We’re very bullish for gold, both in the shorter term and the longer term,” Casanova said Tuesday in a session on commodities and financial… Read More
Get YOUR Copy Of My New Book “A (Not) So Random Walk On Wall Street,” Plus FREE downloads, charts, A CHAT ROOM, More! Available right on my website. Click here: https://traderschoice.net/about-traders-choice/ PLEASE SUPPORT MY WORK. Click: https://paypal.me/GregoryMannarino Get My FREE NEWSLETTER Which Includes TradeAlerts! And Private Messages. Click HERE: https://gregorymannarino.substack.com/ *Stock trading involves financial risk.… Read More
Well this is a little awkward… Since the start of 2021, Bloomberg reports that company executives sold $300 million worth of shares through Friday, 16 times the total they purchased (a total of 1,000 insiders sold their own stock and 128 bought shares, leaving the sell-to-buy ratio poised for the highest monthly reading in data going back… Read More
Episode 8 link: https://www.youtube.com/watch?v=SF362xxcfdk We’ve received many questions lately about Mike’s opinion on Hedera Hashgraph and the HBAR token, a promising alternative to blockchain consensus systems which was covered in Episode 8 of Hidden Secrets of Money back in 2017. So we arranged an update with none other than Hedera Co Founder and CEO –… Read More
We are living in a financial war of the worlds, this according to best-selling author and former Goldman Sachs Managing Director Nomi Prins. In this interview with our Daniela Cambone, Prins explains that the Federal Reserve has been overstepping its boundaries since 2008. The question is, can it be tamed and how? The former banker… Read More
Is the world’s largest asset manager about to convert a small portion of its trillions in assets under management into bitcoin? According to two SEC filings, BlackRock, the Fed’s favorite intermediary to manipulate markets may be set to make allocations to bitcoin futures via some of its funds. As first spotted by MacroScope, on January… Read More
“Obviously we’re assisted and aided by high commodity prices here in British Columbia,” Premier John Horgan said Monday at the opening of the Association of Mineral Exploration’s (AME) Roundup conference, which is being held virtually this year. “And we had the highest investment in mineral exploration last year since 2012.” In March 2020, the B.C.… Read More
When it comes to talk about secession, the strategy employed by most Washington politicians is to shrug it off, claim it’s all the plotting of extremists, and retreat to the comfort of the idea that the elites control high-ranking military officers at the Pentagon. In their minds, it will always be easy to bomb disobedient Americans into… Read More
One of the states that’s still taxing real money is hoping to do something about it. Introduced by Representative Zuber (R-Jackson), House Bill 375 removes sales and use tax on purchases of gold, silver, platinum, and palladium coins and bullion in Mississippi. Under current law, Mississippi citizens are discouraged from insuring their savings against the devaluation of the dollar because… Read More
#QuillIntelligence #CharlesPayne How will Wall Street react to Treasury nominee Janet Yellen’s confirmation? Jan. 19, 2021 – 10:26 – Danielle DiMartino Booth of Quill Intelligence, First Trust Advisors chief economist Brian Wesbury and CFRA chief investment strategist Sam Stovall provide insight into the markets and Janet Yellen’s confirmation as Treasury secretary.Read MoreDanielle DiMartino Booth
As the Federal Reserve Bank keeps printing money, money becomes devalued. Some of the people most respected in the finance world are finally seeing this and they are moving to cryptocurrency as one of their solutions. So what does the future of banking look like? Simon Dixon is the author of “Bank to the Future:… Read More
Following comments from a top Israeli public health official who said that Pfizer’s vaccine hasn’t been quite as effective as they hoped according to the initial data, with the efficacy rate closer to 50% than the 95% that had been advertised, we’re now learning that NYC was forced to cancel 23K scheduled vaccinations after a… Read More
“Crashes and panics often are precipitated by the revelation of some misfeasance, malfeasance, or malversation (the corruption of officials) that occurred during the mania. One inference is that swindles are a response to the appetite for wealth (or plain greed) stimulated by the boom; the Smiths wanted to keep up with the Joneses and some… Read More
In a far cry from last week’s stellar long-duration auctions, moments ago the Treasury sold $24 billion in 20Y bonds (via a reopening of the 19-year-10-month Cusip ST6), in what was a decidedly subpar sale. The auction stopped at a high yield of 1.657%, well above the 1.470% in December and a 1.4bps tail to… Read More
Edwin Dorsey, the author of The Bear Cave newsletter, talks about Vista Equity Partners, one of the biggest Private Equity funds in the country. After Robert Smith’s conviction of tax evasion, which was one of the largest in IRS history, Edwin found a variety of misdealings. Vista had prided itself on never having a losing… Read More
Yesterday morning, when discussing the latest rates thoughts from Nomura’s Charlie McElligott (read here), we pointed out that while dealer gamma was now neutral suggesting the without a gamma “pin”, the market could turn volatile in the next few days, there was one cavet: vol control funds which have been aggressively releveraging in the past… Read More
Today, Treasury Secretary-nominee Janet Yellen addressed the Senate Finance Committee during her confirmation hearing. In her statements, she argued that major fiscal stimulus is justified to support the economy while the pandemic still rages. She stressed the need to address income inequality and pledged support for the incoming Biden administration’s climate change policies. In other… Read More
In an operational update on Wednesday, the company said it would take a write-down of between $1.15 billion and $1.25 billion on its New South Wales Energy Coal (NSWEC) assets, reducing its value to between $250 million and $350 million. BHP said the impairment reflected current market conditions for Australian thermal coal, used as fuel… Read More
Authored by Egon von Greyerz via GoldSwitzerland.com, If president Biden wants to save the US economy, his first measure should not be to print $trillions of worthless new money but instead tell his secretary of the treasury Janet Yellen to withdraw all debased currency from circulation just as Aristophanes suggested in 405BC, Copernicus in 1517… Read More
As Joe Biden’s inauguration – which involves almost no actual people, but many, many flags – continues Wednesday morning, the Supreme Court has been evacuated due to a potential bomb threat, as the rest of the Washington DC area remains on lockdown. An NBC News reporter broke the story. Sources say US Supreme Court being… Read More