News and Views

It looks like the pigs in Congress are going to get their 'tax reform' for Christmas. Winning... The various stock and serveral bond markets are in a financial asset bubble, and certain stocks are surging higher in some fairly impressive daily moves based on utter nonsense. Bitcoin and the various related crypto-currency plays are now a bona fide mania. Rational skepticism has fallen by moreContinue Reading
Gold gained $7.90 to $1263.70 in late morning New York trade before it drifted back lower into the close, but it still ended with a gain of 0.44%. Silver rose to as high as $16.166 and ended with a gain of 0.5%. moreContinue Reading
Snippet: Gold gained $7.90 to $1263.70 in late morning New York trade before it drifted back lower into the close, but it still ended with a gain of 0.44%. Silver rose to as high as $16.166 and ended with a gain of 0.5%. moreContinue Reading
December 18, 2017

Jim’s Mailbox

I would not rule our weak dollar. Strong equities, strong gold. Courtesy of GG. Jim Three Charts That SCREAM “Inflation” In 2018 December 18, 2017 The financial system is preparing for an inflationary shock. The single best means of measuring inflation vs deflationary forces in the US financial system is the TIP to Long-Treasury (TLT)... » The post Jim's Mailbox appeared first on Jim Sinclair's Mineset. moreContinue Reading
December 18, 2017

The Tea Party, Ten Years Later

By: Dale SteinreichDecember 16, 2017 is the tenth anniversary of the modern Tea Party. That fact will surprise many laypersons who uncritically accept the mainstream narrative that the Tea Party began on February 19, 2009 when Rick Santelli, live on CNBC from the Chicago Mercantile Exchange (CME), declared a rebellion against "socialism" one month into the Obama administration.But wait a minute: Rick Santelli on establishment NBC lighting the spark of an anti-establishment rebellion? An uprising over mere proposed Obama bailouts of mortgage holders coming four months after silence over (if not a defense of) George W. Bush's $700 billion TARP moreContinue Reading
The United States Mint announced pricing for the 2018 World War I Centennial Silver Dollars and related products. Commemorating the 100th anniversary of America's involvement in the First World War,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] moreContinue Reading
Today, mankind stands at a crossroads, and the path that humanity chooses may have a greater impact on our freedom and prosperity than any event in history. In 2008 a new technology was introduced that is so important that its destiny and the destiny of mankind are inextricably linked. It is so powerful that if captured and controlled, it could enslave all of humanity. moreContinue Reading
December 18, 2017

Batlling Forward

In a sort of 21st century trench warfare, the Comex Metals are inching forward today and looking to move through the post-FOMC highs of last week. This would be an important accomplishment in terms of a higher high and setting in place the new trend. read more moreContinue Reading
The best performing precious metal for the week was palladium, up 1.71 percent. Automobile replacement was up due to water damaged cars post hurricane season. Catalytic converters containing palladium will enter the recycling phase. A Bloomberg survey of gold traders shows most are bullish on the yellow metal after the Federal Reserve raised rates earlier in the week. moreContinue Reading
In recent months, the issuance of gold Exchange for Physical (EFP) contracts has surged. EFPs convert a physically deliverable Comex gold contract into an LBMA or LME contract supposedly deliverable at a later date ex London and/or Hong Kong. As an incentive for Comex contract holders to accept EFPs, a cash bonus reportedly is paid. EFPs in silver are also being issued in vast quantities, but we will focus on gold for brevity. moreContinue Reading
After three weeks of declines, gold finally moved higher last week. Was this move surprising? Not at all, if you read our analysis of the previous week's huge decline in platinum. The sizable slide in the latter was likely to trigger at least a small rally and that's what we saw last week. However, gold reversed quite clearly on Friday and shooting star candlesticks, as these sessions are called, are signs of a reversal. Did we see one? moreContinue Reading
GOLD PRICES edged higher against a falling US Dollar on Monday morning in London as world stock markets rose to fresh all-time highs, writes Steffen Grosshauser at BullionVault. Silver tracked gold prices, also dropping against the Euro and British Pound, while platinum jumped. Primarily used in catalysts to clean diesel engine emissions, platinum added 1.5% in Dollar terms –nearing $907 per ounce – after South Africa's Sibanye-Stillwater (JSE:SGL) said it will cut one-third of jobs at Lonmin (LON:LMI) as part of its takeover of the world's No.3 producer. Hedge funds and other speculators trading Comex futures and option last week moreContinue Reading