News and Views

Sometimes I wonder if I'm ever going to run out of new things to say about the economy. Nothing interesting has happened in a long time. Our liquidity-drunk “markets” remain over-priced due to the chronic intervention of the global central banking cartel, which has demonstrated over and over again that it won't tolerate even the slightest drop in asset prices. Those familiar with my writing know I put the word “markets” in quotes because we no longer have a financial system where legitimate price discovery is a regular -- or even recognizable -- feature. More ››
2016/09/25 at 11:10am
Via: GoldSeek
As the tension mounts for the upcoming presidential debate I suggest we keep one fact foremost in mind. The two candidates are, in truth, and at best, fools. They believe, as do the voters evidently, that they can run other people's lives, and for that reason want to tower over the lives and livelihoods of some 320 million Americans. More ››
2016/09/25 at 10:08am
Via: GoldSeek
The trading day just ended, on what may be the penultimate week of “normalcy” for generations to come. Frankly, I have never been more scared, as the certainty of my views has never been more powerful. Which are, that nothing – not Central banks, governments, nor any “supreme manipulative power” – will be able to stop the unstoppable tsunami of political, economic, and monetary reality that has already engulfed large swaths of the “emerging” world; and currently, is heading for the “developed” world full bore, like a runaway train down an icy mountain, loaded with nuclear explosives. More ››
2016/09/25 at 10:06am
Via: GoldSeek
There were some hopes that a non-move by the Fed would end the current correction in precious metals and spark a move to new highs. Unfortunately, the Federal Reserve cannot override the supply and demand component of the market. Gold and gold stocks popped higher but less than two days later the sector (and specifically the miners) has given those gains back. That tells us plenty of sellers remain and this sector needs more time and perhaps lower prices before this correction ends. More ››
2016/09/25 at 10:03am
Via: GoldSeek
It seems as if the tide has changed as the U.S. imported a record amount of gold from Switzerland in July. Normally, the flow of gold from the United States has been heading toward Switzerland. For example, when the U.S. exported a record 691 metric tons (mt) of gold in 2013, Switzerland received 284 mt, which accounted for 41% of the total. Compare that to the paltry 3 metric tons of gold imported from Switzerland that very same year. More ››
2016/09/25 at 10:01am
Via: GoldSeek
Stocks are seeing great strength now after the Fed meeting and decision to keep rates on hold, as expected. There is just no reason to hike rates until after the elections, meaning December is the earliest possible rate hike in my view. I was looking for the typical fall weak/consolidating market but it seems we are going to rally into the elections so I'm trying to take full advantage of it. More ››
2016/09/25 at 2:04am
Via: GoldSeek
The Foliage Network Still far too early for leaves to be changing colours, except for the ones that have fallen because of the mini-drought we had here that was broken when the cold front went through last night.  And those went right from brown to ground.  lol. Today is just a gorgeous early autumnal day: crisp and sunny. Its always a little cooler up here in the foothills. The queen is out More ››
2016/09/24 at 3:12pm
Via: Jesse’s Café Américain
Gold futures closed lower Friday for the first time in a week, but scored their biggest weekly increase since July. Gold for December delivery on Friday shed $3, or 0.2%, to settle at $1,341.70 an... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More ››
2016/09/24 at 2:52pm
Via: Coin News
Hi Jim, Even the UN is now predicting that the next financial crisis is imminent. In the UN's Annual Report by the Conference on Trade and Development published yesterday (see attached), they stated: “There remains a risk of deflationary spirals in which capital flight, currency devaluations and collapsing asset prices would stymie growth and shrink... The post Jim's Mailbox appeared first on Jim Sinclair's Mineset. More ››
2016/09/24 at 2:31pm
Via: Jim Sinclair’s MineSet
Our apologies, there will not be a Q+A session this weekend as Jim is a bit under the weather and weak in voice. We had planned to have Sean from SGT report interview us both but is pushed off until next weekend. See y'all next weekend!The post No Q+A Session This Week appeared first on Jim Sinclair's Mineset. More ››
2016/09/23 at 6:39pm
Via: Jim Sinclair’s MineSet
The U.S. Mint introduced its centennial Standing Liberty gold quarter on Sept. 8, 2016. This short article presents high-resolution photos and a video of the one-quarter ounce, .9999 fine 24-karat... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] More ››
2016/09/23 at 5:42pm
Via: Coin News
Gold and silver ended the day largely unchanged, digesting the rally that followed the FOMC announcement on Wednesday. Gold and silver both look to be coiling for a move.  They may go lower again to touch that support line, and if they do the point at which they find support may be revealing. Or not.  We may finally get the long anticipated breakout higher. The elite are running out of More ››
2016/09/23 at 4:20pm
Via: Jesse’s Café Américain