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Exciting 2018 for Gold/Silver; Rickards: Next Financial Panic Will Be the Biggest of All, Part 1

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up we’ll hear another amazing interview with Jim Rickards. Jim examines what the next financial crisis will look like and how it will be different from previous panics, gives us his outlook for gold and the key drivers for the yellow metal in part one of a tremendous two-part interview. Don’t miss my conversation with Jim Rickards, coming up after this week’s market update. As the White House and Congressional leaders scramble to avert a government shutdown, investors are bracing for possible market gyrations. Historically, government shutdowns have tended […]

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2018 Should Be Bullish For The Precious Metals Sector

Usually I’m loathe to stick out price targets on the markets, especially gold and silver, because of the undeniable market intervention of the Central Banks – market manipulation which is blatant to the point at which it is now denied only by card-carrying idiots. Gold and silver had a sharp run-up in the last two weeks of 2017. However, the abrupt move in gold was accompanied by a rapid rise in the gold futures open interest on the Comex. The “commercial” – aka “the banks” – net short position in Comex gold futures has increased by 100,000 contracts (from 120 […]

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Where to Put Your Money in 2018

It seems I find myself in a bit of a conundrum. I write a newsletter, Peak Income, dedicated to finding profitable income investments at a time when bond yields are rising and income-oriented investments are coming under pressure. As I write this, the 10-year U.S. Treasury yields just shy of 2.6%. As recently as September, the 10-year yield was touching 2%. That’s a big a move in a very short period of time. Hey, I get it. Some of this is understandable. The U.S. economy has picked up steam of late, growing at over 3% in each of the past […]

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2018 Stock Market Bubble vs. Gold & Silver

The U.S. Stock Market is reaching its biggest bubble in history. When the price of the Dow Jones Index only moves in one direction… UP, it is setting up for one heck of a crash. While market corrections aren’t fun for investors’ portfolios, they are NECESSARY. However, it seems that corrections are no longer allowed to take place because if they did, then the tremendous leverage in the market might turn a normal correction into panic selling and a meltdown on the exchanges. So, we continue to see the Dow Jones Index hit new record highs, as it moved up […]

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Will the World Economy Continue to “Roll Along” in 2018?

Once upon a time, we worried about oil and other energy. Now, a song from 1930 seems to be appropriate: Today, we have a surplus of oil, which we are trying to use up. That never happened before, or did it? Well, actually, it did, back around 1930. As most of us remember, that was not a pleasant time. It was during the Great Depression. Figure 1. US ending stocks of crude oil, excluding the Strategic Petroleum Reserve. Amounts will include crude oil in pipelines and in “tank farms,” awaiting processing. Businesses normally do not hold more crude oil than […]

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The Commodity Boom of 2018

The following is an excerpt from our Macro Intelligence Report (MIR). If you’d like to learn more about the MIR, click here. 2018 will be the year the commodity bull gets running… When a man makes his play in a commodity market he must not permit himself set opinions. He must have an open mind and flexibility. It is not wise to disregard the message of the tape, no matter what your opinion of crop conditions or of the probable demand may be. ~ Jesse Livermore The stock market has far more short-term countertrends. After the market has gone up, […]

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Precious Metals Markets 2018

The first trading days of 2018 are confirming signs of renewed investor interest in the precious metals sector after a long period of malaise. Gold and silver markets entered the year with some stealth momentum after quietly posting gains late in 2017. Gold finished the year above $ 1,300/oz. – its best yearly close since 2012. Over the past five years, the yellow metal has been basing out in a range between $ 1,050 and $ 1,400. A push above $ 1,400 later this year would therefore be significant. It would get momentum traders and mainstream financial reporters to take […]

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How to Plan for Retirement in 2018

It’s a new year… which means a new set of retirement savings deadlines. So it’s time to do my obligatory beginning-of-the-year nagging. Think of it as a New Year’s resolution for your 401(k) plan. If you’re self-employed, you have until April 17 to make your 2017 contribution to your Individual (Solo) 401(k) or SEP IRA. And all taxpayers, whether regular W2 employees or self-employed, have until April 17 to top off their Traditional or Roth IRAs for the 2017 tax year. But for the rest of us investing in a good, old-fashioned corporate 401(k) plan, January 1 represents the start […]

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My Forecast for 2018

Stock markets were on fire last year, to the surprise and dismay of many, who, for any number of reasons, were scared to the sidelines. Who enjoyed last year’s stock market gains? Not many everyday folks, I suspect, as investors have collectively pulled money out of U.S. equity ETFs and mutual funds in seven of the last 10 quarters. Yet, despite growing numbers of both bubbly markets and global risk factors, stocks were actually a really good bet in 2017. All four major U.S. stock indices closed higher. And if you ventured into foreign stock markets – as I suggested […]

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What Changes in 2018

It’s the first week of January, which makes it time for football playoffs and New Year predictions. Since I’m not likely to grace the gridiron anytime soon, I land in the forecast camp. But playing Nostradamus is fraught with its own danger, and reminds me of an old quote by Darrell Royal, the longtime University of Texas football coach, that explained why he favored running the ball. He believed that when you threw the football, three things could happen, and two of them were bad. You could complete the throw, which was good, watch it fall incomplete, or have it […]

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