Base Metals

Gold Versus Bitcoin: The Pro-Gold Argument Takes Shape - John Rubino

November 20, 2017 Sound money advocates who love the concept of cryptocurrencies but don’t want to abandon precious metals have been trying to clarify their thoughts of late. Risk Hedge just helped, with a comprehensive statement of the pro-gold position. The following is an excerpt. Read the ...

Inflation and Counterfeit Credit - Keith Weiner

November 20, 2017 Let’s take a look at an often-repeated idea that is popular in the gold and alternative investing communities. The government possesses a printing press. Therefore, it will never default. It will just inflate its way out of the debt. It will devalue the dollar. The government do ...

Millions Upon Millions of Americans Have “Negative” Wealth - Rory Hall

November 20, 2017 While 3 Americans possess more wealth than 50% of the combined poorest, we now learn that 20% of ALL Americans have zero or negative wealth. I presume by having “negative wealth” they have lived beyond their means for so long their debt burden is all they have to show for t ...

Think outside the box with value investing

Will these cats start climbing? (Flickr)   The world is a wonderful place full of strange, quirky, and unusual people. They can provide an extra spice that makes life fun. Around these parts they like to mix their portfolio strategies, mashing up value investing peanut butter with momentum choco ...

German Coalitions Suffer Setback Could Spell End of Merkel Era

Now, after a month of talks, German doesn’t know what will happen next. It is an unprecedented moment of uncertainty for a country that prizes stability and predictability above all else. “At the very least,” said Merkel, “it is a day of deep reflection on the path forward for Germany.” ...

TJX Companies Reverses with Big Spinning Top

Retail stocks surged last week and discounter TJX Companies ($TJX) bounced off support with high volume. Technically, the big trend is still down because the 50-day EMA is below the 200-day EMA and TJX is below the 200-day EMA. These EMAs are not shown on the chart to keep it clean. Despite the ...

Tech Talk for Monday November 20th 2017

Pre-opening Comments for Monday November 20th 2017 U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. Wal-Mart dropped $0.89 to $96.58 after Goldman Sachs downgraded the stock to Sector Perform from Outperform. Vale added $0.09 to $10.20 after RB ...

Precious Metals Give Bullish Traders Relief

Precious metals benefit from the street’s mass dollar exit on Friday with both gold and silver making pleasing technical developments. Gold Gold’s umbilical-like inverse price action to the U.S. dollar has been once again underlined on Friday. As the U.S. bowed before all and U.S. yields droppe ...

What History Says for Gold Stocks in 2018-2019

      It has been a while since we’ve applied historical analysis to the precious metals sector. It is something we really enjoy as history can help define and contextualize current trends and help us spot opportunities. Back in March of this year we noted that the gold stocks could be follow ...

Nike, Skechers Lead Rally In Footwear Stocks

Skechers (SKX) rallied approximately 40% after its most recent quarterly earnings report and Nike (NKE) has gone from 2017 lows to nearly a 2017 high in the past five weeks, highlighting a significant rally in the Dow Jones U.S. Footwear Index ($DJUSFT).  The DJUSFT rallied 3.21% on Friday alone a ...