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| Mac Slavo - ShtfPlan |
2019: The Beginning Of The End (Free Premium Report) |
Now that it’s 2019, we’re going to start the new year here at Peak Prosperity by responding to the wishes of our premium subscribers and making our most recent premium report free to everyone.
For those unfamiliar with our work, it’s based on the idea that humanity is hurtling towards a disaster of our own making. Several powerful and unsustainable trends Monday, January 14, 2019 |
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| Keith Weiner - Monetary Metals |
Open Letter to GATA |
Dear GATA and Mr. Chris Powell:
I am writing this in response to your article Monetary Metals’ Weiner refuses to see anything wrong in the gold market.
There is a certain irony for me to read that I refuse to see. I have spent eight years studying the mechanics of the market, building a model, developing software to run the model through several generations, and licensing nearly three terabytes of data giving ever bid and offer in both the spot and futures markets with sub-millisecond resolutionThursday, March 15, 2018 |
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| Chris Powell - GATA |
Robert Lambourne: Use of gold derivatives by BIS declines by 55 tonnes in February |
The Bank for International Settlements reduced its use of gold swaps and other gold-related derivatives during February, according to the bank's statement of account for the month:
https://www.bis.org/banking/balsheet/statofacc280218.pdf
This decrease follows a large increase in the bank's gold swaps in January.
In recent months the BIS has been actively trading gold derivatives and the amounts disclosed each month have been variable.
The information provided in the BIS monthly statement of aTuesday, March 6, 2018 |
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| Adam Hamilton - Zealllc |
GDX Weathers Stock Selloff |
The
gold miners’ stocks weathered the recent stock-market plunge really
well. As evident in their leading GDX ETF, they were already beaten
down before stock markets started falling. The resulting explosion
of fear bled into GDX, forcing it even lower. Nevertheless, no
major technical damage was done. GDX remained well within its
consolidation trend channel and is still within striking distance of
a major $25 breakout.
Gold
stocks’ behavior during stock-marFriday, February 16, 2018 |
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| Bob Hoye - Institutional Advisors |
Signs of the Times |
Perspective
We have been watching for credit conditions to deteriorate - enough to prompt the establishment to claim that there are no problems. It took a jump in long-dated rates and a hit to the stock markets to prompt some such defensive claims. The advice to ignore the break and focus on the economy seems naïve. In ordinary conditions the top of the stock market leads the peak in the economy by some 12 months. That is why the S&P is included in the formal list of "Leading Indicators" (numberFriday, February 16, 2018 |
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| Chris Powell - GATA |
Robert Lambourne: Gold market intervention by BIS increased substantially in January |
The Bank for International Settlements substantially increased its use of gold swaps and other gold-related derivatives during January, according to the bank's statement of account for the month:
https://www.bis.org/banking/balsheet/statofacc180131.pdf
This increase follows a large decline in the bank's gold swaps in December. In recent months the BIS has been actively trading gold derivatives.
The information provided in the BIS monthly statement of account is not sufficient to calculate a prTuesday, February 13, 2018 |
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| SRSrocco - SRSRocco Report |
Future U.S. Oil Production Will Collapse Just As Quickly As It Increased |
While U.S. oil production reached a new peak of 10.25 million barrels per day, the higher it goes, the more breathtaking will be the inevitable collapse. Thus, as the mainstream media touts the glorious new record in U.S. production that has both surpassed its previous peak in 1970 and Saudi Arabia’s current oil production, it’s a bittersweet victory.Why? There are two critical reasons the current record level of U.S. oil production won’t last and is also, a house of cards. First of all, oilThursday, February 8, 2018 |
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| Chris Powell - GATA |
Robert Lambourne: BIS gold derivatives fall in December but remain hefty |
* * *
By Robert Lambourne
Disclosures in the December 2017 statement of account published by the Bank for International Settlements --
https://www.bis.org/banking/balsheet/statofacc171231.pdf
-- indicate that during December the bank reduced substantially its use of gold swaps and other gold-related derivatives. The information provided in the BIS monthly statement of account is not sufficient to calculate a precise amount of gold-related derivatives, including swaps, but it appears that the totTuesday, February 6, 2018 |
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| Chris Martenson |
Believing The Impossible |
"Alice laughed: "There's no use trying," she said; "one can't believe impossible things."
"I daresay you haven't had much practice," said the Queen. "When I was younger, I always did it for half an hour a day. Why, sometimes I've believed as many as six impossible things before breakfast."
~ Lewis Carroll, Through The Looking Glass
To borrow from Lewis Carroll: To have confidence in today's central bank-created bubble markets, we have to believe in six impossible things.
Thing 1: Fundamentals DSaturday, January 20, 2018 |
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| SRSrocco - SRSRocco Report |
U.S. Gold Market Switches From A Surplus In 2016 To Deficit In 2017 |
The U.S. gold market suffered a net deficit this year compared to a small surplus in 2016. This was quite interesting because U.S. physical gold demand will be down considerably this year. In 2016, total U.S. gold demand was 212 metric tons versus an estimated 150 metric tons this year. The majority of the decline in U.S. gold demand is from the physical bar and coin sector that is down 56% in the first three quarters of 2017 compared to the same period last year.So, why will the U.S. gold maSunday, January 7, 2018 |
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| SRSrocco - SRSRocco Report |
The Leveraged Economy BLOWS UP In 2018 |
Enjoy the good times while you can because when the economy BLOWS UP this next time, there is no plan B. Sure, we could see massive monetary printing by Central Banks to continue the madness a bit longer after the market crashes, but this won’t be a long-term solution. Rather, the U.S. and global economies will contract to a level we have never experienced before. We are most certainly in unchartered territory.Before I get into my analysis and the reasons we are heading towards the Seneca CliFriday, January 5, 2018 |
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| Mish - Global Economic Analysis |
Economists Think Inflation Will Rise Sharply in 2018: They're Wrong |
Let's investigate six reasons economists think inflation is about to pick in 2018 and why I think they are dreaming.Reason Number One - Wage Hikes
Minimum wages rise in 18 states starting in 2018.
Former Fed Vice-Chairman Stanley Fischer told Bloomberg TV on October 4, “I still believe we will have higher inflation. The basic mechanism here is unemployment is declining all the time, wages will start going up at some stage.”
Wage Hike Rebuttal
The National Bureau of Economic Research paper: MiThursday, January 4, 2018 |
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| Adam Hamilton - Zealllc |
Stock Markets Hyper-Risky 2 |
The
US stock markets enjoyed an extraordinary surge in 2017, shattering
all kinds of records. This was fueled by hopes for big tax cuts
soon since Republicans regained control of the US government. But
such relentless rallying has catapulted complacency, euphoria, and
valuations to dangerous bull-slaying extremes. This has left
today’s beloved and lofty stock markets hyper-risky, with serious
selloffs looming large.
History proves that stock markets are foreFriday, December 29, 2017 |
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| Mish - Global Economic Analysis |
Italy's President Dissolves Parliament: Elections on March 4 |
Italy's economic woes and political woes go hand-in-hand. New elections are coming up but a hung parliament is likely.The Wall Street Journal reports Italy’s President Calls National Elections as Country Grapples With Economic Pain.
Italy’s President Sergio Mattarella dissolved parliament Thursday and called elections for early March, a vote that will highlight the economic and political problems still stalking Europe and the country’s role as the weakest flank in the currency union.
The vote—tFriday, December 29, 2017 |
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| Mac Slavo - ShtfPlan |
Democrats Want To BAN Gas And Diesel Cars By 2040 To Make California More Like China |
One California lawmaker is seeking to have the state ban all vehicles powered by fossil fuels by the year 2040. Should the bill succeed in becoming a law, the state of California would not allow residents to register any vehicle that emits carbon dioxide.
According to Bloomberg, California Assemblymember Phil Ting, a Democrat who is chairman of the chamber’s budget committee, said he plans to introduce a bill that, starting in 2040, would allow the state’s motor vehicles department to register Wednesday, December 6, 2017 |
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| Thorsten Polleit - |
The Fed's Great Unwind: Will It Sink Us |
In the eyes of many people, the Federal Reserve (Fed) is an indispensable institution. We are told it supports growth and employment, fends off the negative shocks, and fights inflation. Nothing could be farther from the truth. The Fed’s fiat money regime is economically and socially highly destructive — causing far-reaching societal and political consequences that extend beyond what most people would imagine.Fiat money is inflationary, it debases the purchasing power of money; it benefits a fewTuesday, November 28, 2017 |
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| Adam Hamilton - Zealllc |
Silver Miners’ Q3’17 Fundamentals |
The
silver miners’ stocks have really languished this year, grinding
sideways to lower for months on end. This vexing consolidation has
fueled near-universal bearishness, leaving silver stocks deeply out
of favor. But once a quarter when earnings season arrives, hard
fundamentals pierce the obscuring veil of popular sentiment. The
silver miners’ recently-reported Q3’17 results reveal today’s silver
prices remain profitable.
Four
times a year publicly-traded Friday, November 24, 2017 |
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| Steve St Angelo - SRSRocco Report |
Global Silver Investment Demand Maybe Down, But Still Double Pre-2008 Market Crash Level |
While physical silver investment demand experienced a pronounced decline this year, the volume is still much larger than the level prior to the 2008 U.S. Housing and Banking Crash. Investors frustrated by a silver market plagued with lousy sentiment and weak demand, may not realize that silver bar and coin demand is projected to be double what it was in 2007.Thus, long-term precious metals investors continue to acquire silver on price dips while others may be selling out and placing their bets Monday, November 20, 2017 |
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| Adam Hamilton - Zealllc |
Gold Investment Stalled |
Gold
has largely been drifting sideways for the better part of a couple
months now, sapping enthusiasm. Gold investment demand has stalled
due to extreme stock-market euphoria. Investors aren’t interested
in alternative investments led by gold when stocks seemingly do
nothing but rally indefinitely. But once stock-market volatility
inevitably returns, so will gold investment demand which fuels major
gold uplegs.
Like
nearly everything else in the global markSaturday, November 11, 2017 |
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| Oilprice.com - oilprice.com |
Supermajors Square Off For The Top Spot In Oil |
Brent’s close to $65 a barrel and WTI is climbing closer and closer to $60—and analysts are rushing to make bullish forecasts for the fourth quarter of the year. Big Oil is preparing for an even better three-month period than Q3, when all supermajors beat profit expectations. Two of them stand out: Exxon and Shell.
It’s no secret that Shell has ambitions to overtake Exxon as the world’s number-one oil company in terms of value. It’s actually on track to beat Exxon on cash flow from operations foWednesday, November 8, 2017 |
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