News and Views

The ETF market is welcoming today a new dividend-focused fund with a twist. The Cambria Core Equity ETF (CCOR) is an actively managed equity fund focused on dividend growers that seeks to have low correlation to the broader U.S. equity market, according to its prospectus. More ››
2017/05/24 at 4:15pm
Via: Hard Assets Investor
The Securities and Exchange Commission has been sending some mixed messages to the ETF market lately, reminding folks involved with this industry that regulatory risk is real. More ››
2017/05/24 at 4:00pm
Via: Hard Assets Investor
We've done this before so why not do it again? You'd better hurry, though, as the contest closes at 2:00 pm EDT. read more More ››
2017/05/24 at 10:48am
Via: TF Metals Report
By: Mark ThorntonThe Bernanke-Yellen bubble is impacting many sectors of the economy. Agriculture land, motor vehicles and auto loans, banking, bonds, contemporary art, corporate stocks, higher education and student loans, mergers and acquisitions, ocean shipping and cruise lines, social media, technology, housing, real estate, and land markets have been noticeably affected.Credit-fueled bubbles generally have a wide-ranging effect on the economy, but might all this just be a sign of sustainable economic growth?Possibly, but a long period of ultra low interest rates would indicate otherwise. Interest on savings accounts is practically non-existent, mortgage and auto loans are historically low, and even More ››
2017/05/24 at 10:30am
Via: Mises Daily
Sound money advocates rejoiced today as House Bill 2014 became the law in Arizona. HB 2014, which passed in the Arizona state Senate on May 10th by a margin of 16-13, removes all income taxation of precious metals coins at the state level. More ››
2017/05/24 at 10:09am
Via: GoldSeek
I predict it's going to be a boring summer for stocks. Price will just churn sideways for the next 2-3 months and allow the long term averages time to “catch up”. More ››
2017/05/24 at 10:07am
Via: GoldSeek
Based upon this modified count, I am still in the camp of seeing much further downside in the coming weeks, and this count can still support a strong c-wave down to the 2285-2330SPX region. Moreover, as I have noted before, the IWM provides more evidence that the downside has potentially not yet completed. More ››
2017/05/24 at 10:04am
Via: GoldSeek
Buyers were repelled today by the 1263.80 ‘secondary' pivot shown, failing badly in their attempt to achieve the 1269.80 rally target that had looked so promising at Monday's close. The chart will likely have something to say about ‘Matt's rule,' whereby a stall exactly at the secondary pivot usually proves fatal to the minor trend. In this case, according to Matt, a regular in the Rick's Picks chat room who trades mostly Silver, it would imply more slippage to beneath the 1245.70 point ‘C' low. More ››
2017/05/24 at 10:02am
Via: GoldSeek
Abraplata Resource Corp. has awarded a 2,000-metre drilling contract to Foraco Argentina SA, the wholly owned Argentine subsidiary of Foraco International SA. A truck-mounted Boart Longyear LF-90 drill rig is being mobilized to undertake a 15-hole program on Abraplata's Diablillos silver-gold project in the high plains desert of the Puna in southern Salta province of northwestern Argentina, and drilling operations are to commence by the end of the week. More ››
2017/05/24 at 9:51am
Via: GoldSeek
Again it was a day for the gold price to change because of the dollar's influence as it strengthened a little, but remained at low levels. There was a significant sale of gold from the SPDR gold ETF which assisted the fall. The discounts of London and New York to China widened quite heavily yesterday, but only to the extent that held the euro price of gold relatively steady. More ››
2017/05/24 at 9:23am
Via: GoldSeek
Undermining the Federal Reserve received a major boost yesterday. Arizona Governor Doug Ducey signed into law a bill that eliminates capital gains taxes on gold and silver, thus allowing Arizona residents to use precious metals as currency instead of Federal Reserve notes. Currency competition against the monopolist Fed is starting to unfold. Let's hope that other states follow in Arizona's heroic footsteps. There's no reason to wait for another severe financial crisis to act. More ››
2017/05/24 at 9:17am
Via: GoldSeek
Chart of 'Managed Money' positioning in Comex silver futures and options contracts. Source: BullionVault via CFTC
SILVER PRICES slipped from yesterday's 3-week highs but held firmer than gold to bounce back above $17 per ounce on Wednesday ahead of the release of minutes from the US Federal Reserve's latest interest-rate meeting. Physical gold bullion dipped to bounce $4 higher from $1250 per ounce as world stockmarkets held flat with major government bond prices. Crude prices held firm ahead of Thursday's Opec oil cartel meeting on output cuts in Vienna, but other commodities also slipped as silver prices retreated over 40 cents from yesterday's top at $17.31 per ounce. That pulled the Gold/Silver Ratio of the dearer More ››
2017/05/24 at 8:49am
Via: BullionVault