Friday Farrago Today’s post will be all over the map, so let’s just jump in. Many a pundit has made a name for themselves screaming at the top of their lungs about the massive bubble in the Canadian real estate market. And yeah, I get it. It certainly seems scary. There is no shortage of […]

America Is Going Broke… and Nobody Cares

This post America Is Going Broke… and Nobody Cares appeared first on Daily Reckoning. Last week, the plot did not so much thicken as congeal. There’s no changing it now — the cameras are rolling… the costumes are on… and everyone knows his lines. President Trump went further in becoming the first president independent of […]

Trump and the Great Debt Betrayal

This post Trump and the Great Debt Betrayal appeared first on Daily Reckoning. And The Donald said: “Open the floodgates!” And the floodgates opened. Less than 48 hours after Congress approved his debt ceiling suspension, more than $300 billion had flooded in. That is the amount by which the U.S. national debt increased on Friday, […]

Brazilians toil for gold in illegal Amazon mines

Informal mining in Brazil is seen by many as a scourge polluting the Amazon rainforest, poisoning indigenous tribes and robbing the nation of its wealth. For others it is a way of life. Brazilian garimpos, or wildcat mines, are operated by small crews of men, often caked in red-brown mud and working with rudimentary pans, […]

Blockchain technology is a space I love, says Frank Holmes

U.S. Global Investors CEO talks about gold investing and hints that investors will soon be able to participate in blockchain technology. Blockchain Technology is a Space I Love, Says Frank Holmes In this interview with SmallCapPower, U.S. Global Investors CEO Frank Holmes discusses why he loves blockchain technology, and hints that investors will soon be […]

Johnson Matthey to invest 200 mln pounds in battery material technology

LONDON, Sept 21 (Reuters) – Johnson Matthey said it will invest an initial 200 million pounds ($270 mln) in expanding its battery material technology business from 2018, aiming to capitalise on growth in the electric vehicle market. The specialty chemicals company said the overall market “could be (worth) more than $30 billion (in) sales when […]

Fed QT stocks, gold impact

This week’s landmark Federal Open Market Committee decision to launch quantitative tightening is one of the most-important and most-consequential actions in the Federal Reserve’s entire 104-year history.  QT changes everything for world financial markets levitated by years of quantitative easing.  The advent of the QT era has enormous implications for stock markets and gold that […]

Podcasts of the Week: Tisch, Rothman & Brown

By Jack M. Forehand —  With so many great investing podcasts out there, it can be difficult to identify the best ones. Through our new Podcasts of the Week segment, I will try to help filter out the most interesting episodes and identify the podcasts I learned the most from each week. In addition, we […]

Time To Lay Low – Craig Hemke

September 22, 2017 Even though we’ve tried to warn and prepare, none of that makes the inevitable Spec wash-and-rinse any easier to watch. At the end of the day, it just is what it is. The year 2017 has unfolded almost precisely as we initially forecast back in January with two steps back following every […]

Is There a Bitcoin Bubble?

This post Is There a Bitcoin Bubble? appeared first on Daily Reckoning. [Ed. Note: Jim Rickards’ latest New York Times bestseller, The Road to Ruin: The Global Elites’ Secret Plan for the Next Financial Crisis, is out now. Learn how to get your free copy – HERE. This vital book transcends rhetoric from the Fed and any […]

Rockwell put into provisional liquidation as Metis bows out

ROCKWELL Diamonds has gone into provisional liquidation after the Kimberley High Court granted an order to discontinue the services of the stricken firm’s business rescue practitioner Metis Strategic Advisors. According to a note sent to Rockwell employees by Peter van den Steen, a director of Metis Strategic Advisors, there was still “a chance” the company […]

Cohen’s Comeback Revisited

In a follow-up to an article it published a few days earlier, Bloomberg recently reported that hedge fund manager Steven Cohen “is preparing to raise as much as $10 billion from outside investors in 2018 for a new fund.” The move, the article says, would represent an “extraordinary turnaround” for Cohen, particularly given that his […]

These “Flying-V” Formations Ignite an Early Melt-up

This post These “Flying-V” Formations Ignite an Early Melt-up appeared first on Daily Reckoning. We were supposed to see a September pullback. Exactly one month ago, we highlighted two major market weak spots that were starting to weigh on stocks: Small-caps and transportation stocks were quickly breaking down below key levels… The charts were grim. […]

How to Forecast the Future Like a Master Value Investor

This post was originally published on Forecasting, or more importantly, accurate Forecasting is an art which has long been considered akin to crystal ball gazing. Many think they can do it well, but when you really get down to it you’ll often find that those self professed ‘seers’ are no better at it than anyone else. […]

Low Inflation Consensus May Too Strong

The failure of central-bank models to forecast the slowdown in global inflation “leaves investors in the dark about the most important economic measure today and why it’s so low,” according to a recent article in The Wall Street Journal. Contradictory messages from the bond, equity and commodities markets is “adding to the confusion from central […]