Markets as a Range of Reasonable Opinions

The following is from The Philosopher in Drobny’s classic The Invisible Hands (emphasis mine): Some people can trade markets using only numbers, prices on a screen but this approach does not work for me. The numbers have to mean something — I have to understand the fundamental drivers behind the numbers. And while fundamentals are important, they are only one of many important inputs to the process. Just as a Value-at-Risk (VaR) model alone cannot tell you what your overall risk is, economic analysis alone cannot tell you where the bond market should be. Let us use an interest rate […]

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What the Markets Expect from Trump; Michael Pento: Plan to Protect Yourself from THIS…

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Later in today’s program I’m joined by Michael Pento who makes a couple explosive predictions for the economy, the bond market, and precious metals and also talks about the market fallout he expects if President Trump fails to push any of his policies through Congress. His comments may surprise you. So don’t miss a tremendous interview with Michael Pento coming up after this week’s market update. Precious metals markets are pulling back as the Federal Reserve Note has been strengthening against other currencies. From a technical perspective, gold and silver […]

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The Precious Metals Markets Disconnect from the Stock Market

The Great Precious Metals Market Disconnect that took place four years ago is now a ticking TIME BOMB. While the Fed and Central Banks have been relatively successful in propping up the broader stock, bond and real estate markets, time is not on their side. The more the highly inflated markets continue higher, the more breath-taking will be the inevitable collapse. Now, I am not just pandering hype here, there is plenty of data to support the evidence that the precious metals suffered a serious disconnect from the broader markets in 2012 and continue to be held down like a […]

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Why Our Evolutionary Biology Works Against Us In Markets

“I think investment psychology is by far the most important element, followed by risk control, with the least important consideration being the question of where you buy and sell.” ~Tom Basso, Market Wizard A strong psychological foundation is the key to successful investing. The human mind is a powerful, complex tool that quickly turns into a double-edged sword to those untrained in its control. It’s like driving a Formula-1 race car. A skilled driver can push his racer to its limits, extracting every last bit of performance. A novice driver on the other hand is better off in a mini-van. […]

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Paper Markets Crack; U.S. Silver Supply In Jeopardy

The U.S. silver supply will likely be in jeopardy in the future when the highly inflated paper markets finally crack. This is not a matter of if, but WHEN. If we consider the top two precious metals and copper, silver has the highest net import reliance as a percentage of domestic consumption. According to the data put out by the USGS – U.S. Geological Survey, and the GFMS team at Thomson Reuters, the United States silver net import reliance as a percentage of total consumption, was 72%, versus 36% for copper and a negative 48% for gold: The USGS reported […]

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Huge Movement Ahead in Silver; Paper Markets in Trouble

The Silver Market will experience a significant trend change in the future due the unraveling of the paper markets. Already we are witnessing a lot of political turmoil and havoc as President-elect Donald Trump gets ready to take over the White House in the next few days. It’s also logical to assume the policy changes President-elect Trump wants to make will cause serious ramifications to the highly leveraged debt-based fiat monetary system… whether he realizes it or not. Craig over at TFMetalsReport.com recently interviewed Paul Myclhresst about the huge problem the Chinese government is dealing with as they liquidate Dollars […]

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Increased Risks for Interconnected Markets; Dr. Chris Martenson on the Possible Next Crisis

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Later in today’s program Dr. Chris Martenson joins me. And he’ll tell you why the central planners DON’T want you to own gold – and issues a chilling warning to those who are caught unprepared before the next major financial crisis. Be sure to stick around for a tremendous interview with Chris Martenson, coming up after this week’s market update. Well in this final podcast for 2016, we’ll review the year that was in precious metals markets and look ahead to the year that might be in 2017. Gold and […]

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Stealth Implosion of Global Markets Appears Unstoppable

The world doesn’t realize it yet, but the implosion of the global markets has started and can’t be stopped. While the financial networks continue to focus on the rising U.S. stock market and Dollar, this represents a mindset that has totally gone insane. Why? Because the rapidly increasing Dollar and broader U.S. stock market do not represent a healthy economy, rather it reveals the swelling of the cancerous U.S. financial tumor. The faster and larger it grows, the more it will endanger the U.S. economy. I am completely surprised by the lack of wisdom in the Mainstream and Alternative media […]

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Deutsche Bank Silver Rigging; David Morgan on Financial Markets under Trump

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up we’ll hear from David Morgan of The Morgan Report. David gives his insights on current industry sentiment following a few rough months for the metals, tells us what to expect with the upcoming price action for gold and silver, and gives us his predictions on how the financial markets will react to Donald Trump’s presidency – and his outlook may surprise you. Don’t miss another fantastic interview with the Silver Guru, David Morgan, coming up after this week’s market update. Precious metals markets continue to show signs of […]

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Global Financial Markets Plunged Into Chaos As Italy Overwhelmingly Votes ‘No’

Italian voters have embraced the global trend of rejecting the established world order, but the “no” vote on Sunday has plunged global financial markets into a state of utter chaos.  The euro has already fallen to a 20 month low, Italian government bonds are poised for a tremendous crash, and futures markets are indicating that both U.S. and European stock markets will be way down when they open on Monday.  It is being projected that Italian Prime Minister Matteo Renzi’s referendum on constitutional reforms will be defeated by about 20 percentage points when all the votes have been counted, and […]

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