KWN has received questions about the longer-term structure of the silver market after the following King World News piece highlighted the decidedly bullish long-term posture of the gold market.
The post Historic Long-Term Buy Signal On Silver To Launch Major Bull Market appeared first on King World News.
It looks like the world is headed for a silver shock as Energy Watch Group believes a staggering 2 million tonnes of silver will be needed for solar!
The post SILVER SHOCK: Energy Watch Group Believes A Staggering 2 Million Tonnes Of Silver Will Be Needed For Solar! appeared first on King World News.
Dr. Stephen Leeb: Chairman & Chief Investment Officer of Leeb Capital Management - Dr. Leeb is a registered investment adviser and has been managing big cap growth portfolios since 1999. Over the last decade, his independently-verified performance record has been ranked in the top 5 percent among peers according to Informa’s PSN manager database. He is a New York Time’s Best Selling author…
The post Dr. Stephen Leeb: Broadcast Interview – Available Now appeared first on King World News.
Dr. Stephen Leeb: Chairman & Chief Investment Officer of Leeb Capital Management - Dr. Leeb is a registered investment adviser and has been managing big cap growth portfolios since 1999. Over the last decade, his independently-verified performance record has been ranked in the top 5 percent among peers according to Informa’s PSN manager database. He is a New York Time’s Best Selling author…
The post Dr. Stephen Leeb appeared first on King World News.
If you have not yet read Part 1: Are You Infuriated Yet?available free to all readers, please click here to read it first.
I keep circling back to the financial markets because they are the chief signaling agent for most people. As long as the markets are doing okay, people’s attention wanders away from our predicaments and towards believing in the dominant "all is fine" narrative.
But, with the crystal-clear connection we see between asset prices and central bank money printing, prices in today's “markets” are really a creation of monetary policy. As a result, the signals the markets send us increasingly have no bearing on actual reality.
Here’s a good example: McDonalds' stock is hitting new high after new high. This is a function of both the ever-rising markets but also of the company's own internal accounting hocus-pocus.
This chart explains much:
(Source)
The red line tells us that MCD’s revenues are down a stunning 15% since 2014. The green line tells us that their stock price is UP an even more stunning 65% over the same time period.
Meanwhile total debt of MCD’s has mushroomed from $14 billion to $29 billion, while total assets have shrunk. Yet MCD's stock price has risen handsomely.
The critical insight this is telling us about today's markets is...
Both the pension and health care crises are infuriating and self-inflicted wounds.
We could have avoided them by making wiser choices in the past. We didn't. We could limit their damage by making better choices today. We almost assuredly won't.
Anybody who studies the system and its math comes to the same conclusion: the corporations have all the power and they are misusing it for private gain.
An easy prediction to make is that this simmering anger of the populace is going to start boiling over more violently in the coming years. Welcome to the Age of Fury.
In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:
In a discussion sure to get your blood boiling in anger, Chris and Mish look at the actions of those in power as the repercussions of their poor decision-making begin to become apparent. Do they take ownership of the problem? Do they prioritize developing solutions? No: they duck out the back door, while voting themselves fat severance plans.
Here's Mish's accounting of what's going on right now in his home state of Illinois...
If you are worried about today's takedown in gold and silver, just read this...
The post Worried About Today’s Takedown In Gold & Silver, Just Read This… appeared first on King World News.
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes. In this episode, host Mike Maharrey talks about who Pres. Trump might tap to chair the Federal Reserve and explains why inflation isn’t bad for gold. He also […]
Who’s Next at the Fed & What of Inflation? SchiffGold Friday Gold Wrap Podcast Oct. 20, 2017
How would you celebrate the birthday of a government building? Maybe send out a press release? Perhaps hold a little assembly and let some politician ramble for a while about how great the building is? Maybe host an open house for the public? Or here’s an idea. Just ignore it. After all, it’s a government building. […]
Fun on Friday: No Gold Biscuit for You!
