What Will Happen To The Precious Metals When this Bubble Pops?

As the Mainstream financial media continues to promote the biggest market bubble in history, only a small fraction of investors are prepared for the disaster when it finally POPS. The markets are so insane today, it seems as if fundamentals don’t matter any more. However, they actually do if we look at the numbers closely. In order to invest in the correct assets going forward, one must choose between those with a low RISK and high REWARD versus assets with a high RISK and low REWARD. While this may seem like common sense, I can assure you, the market makes […]

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Gold & Silver Rebound; Jim Rickards: Dollar May Become “Local Currency of the U.S.”

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up we’ll hear part one of an amazing two-part interview with Jim Rickards, author of Currency Wars, The New Case for Gold and The Road to Ruin. Jim shares his insights on the Fed’s supposed plan to unwind its balance sheet and what it will mean for the economy and for gold prices. He’ll discuss some potential fireworks involving the U.S. dollar as it continues losing its reserve currency status. Don’t miss a must-hear interview with Jim Rickards, coming up after this week’s market update. Beaten down gold and […]

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RUSSIA vs. USA: Where’s The Gold?

As the United States continues to push towards a military conflict with Russia, there will likely be no real winner when the dust settles. However, if we compare the these two superpowers in the current “gold market”, the Russians are the clear winners. While the U.S. has been (secretly) liquidating its once massive official gold holdings, the Russians have be doing quite the opposite. According to the data on Smaulgld.com, the Russians have added a hefty 3,000,000 oz of gold to its official reserves since the beginning of the year. If you haven’t checked out Smaulgld’s site, I highly recommend […]

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New Normal Could Plunge Economy into Recession

The big news from the Federal Reserve wasn’t the quarter point rate hike (which was expected). The big news was Fed chair Janet Yellen’s announcement of “balance sheet normalization.” Fed Chair Janet Yellen claims the central bankwill soon unwind its balance sheet. In plain English, the Fed claims it will begin selling off assets from its balance sheet, which remains bloated from previous Quantitative Easing programs. If “normalization” does actually proceed at full speed, it would entail $ 50 billion in financial assets per month being dumped into the market. Not even Fed officials know how markets will react to […]

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Massive Central Bank Assets Purchases

The Central banks bought a staggering $ 1.5 trillion in assets in the first five months of the year to keep the economy from imploding while at the same time, capping the gold price. Yes, it’s true…. $ 300 billion a month of Central bank asset purchases pushes up STOCK, BOND and REAL ESTATE values while it depresses or caps the gold (or silver) price. The amount of Central bank asset purchases are now reaching insane levels. And they have to. It is the same thing as being a drug addict. Once, someone starts down the road of drug addiction, […]

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Animal Spirits Send Markets Higher; Guy Christopher: Advice on How to Avoid Leaving Your Heirs in a Lurch

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up we’ll hear an encore of one of the most important interviews we’ve ever done on this program. MoneyMetals.com contributor Guy Christopher speaks about personal responsibility, estate planning, and making sure you don’t leave your loved ones with a financial nightmare and an unwelcome scavenger hunt. Some timeless wisdom, coming up after this week’s market update. As the dog days of summer approach, the animal spirits seem intent on driving the stock market to higher highs in spite of a hawkish Fed. Precious metals bulls hoped for a more […]

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Precious Metals Can Protect Your Wealth from Hackers

Could your wealth be hacked? It’s a threat most investors overlook. But they do so at their own peril. If elections can be hacked, then so can bank and brokerage accounts, as well as any online platforms for digital currencies. More than five months into Donald Trump’s presidency, the “Russia hacked the election” conspiracy theories still won’t go away. They’re expanding to also implicate Russian hackers for meddling in elections in France and elsewhere. The latest Russian hacking story centers on Qatar. According to the Guardian, “An investigation by the FBI has concluded that Russian hackers were responsible for sending […]

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CFTC Finds Trader Guilty of Metals Price Rigging

It must have been painfully awkward for the Commodity Futures Trading Commission (CFTC). Last year, Deutsche Bank settled a civil suit involving blatant market rigging and turned over reams of information, including chat logs and voice recordings. The trove contained plenty of damning evidence which had gone overlooked by the CFTC. CFTC investigators supposedly spent 5 years searching for illegal market manipulation, but somehow, managed to find nothing. The cheating became hard to ignore after Deutsche Bank turned over voice recordings and 350,000 pages of documents which revealed bank trading desks being run like the back office of a crooked […]

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Trump Unscathed by Comey Testimony; David Morgan: Gold and Silver at Breakout Point

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up David Morgan of The Morgan Report joins me for a terrific interview on counterparty risk and other dangers in today’s markets and also shares his thoughts on when he expects the metals to turn and what the smart money is already doing. Don’t miss a tremendous interview with the Silver Guru, David Morgan, coming up after this week’s market update. Gold and silver markets extended their month-long rally earlier this week before giving back gains as former FBI Director James Comey testified on Thursday. The Comey testimony largely […]

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The Great Gold Supply Disconnect

The market has no clue that it has severely undervalued the price of gold. While Central bank intervention has worked hard at capping the gold price, the “Great Gold Supply Disconnect” will most certainly remedy that situation. This gold supply disconnect took place after the gold price peaked in 2011. That being said, the world is speeding recklessly towards an epic market catastrophe. No, this isn’t hype… I wish it was. But, unfortunately, the poor folks who continue to believe their STOCK, BOND & REAL ESTATE portfolios will provide them with a healthy retirement in the future, have no idea […]

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