Gold & Silver Strengthen; David Morgan: Metals at Breakout Point from 6-Year Downtrend

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up David Morgan of The Morgan Report joins me for a wonderful discussion on the metals and the markets. He’ll share his insights on what the smart money is already doing, the dangers of complacency and the importance of limited counter party risk. Back by popular demand, don’t miss our recent interview with the Silver Guru, David Morgan, coming up after this week’s market update. Well, gold and silver markets are advancing for a second straight week as the U.S. dollar continues to slide. The Dollar Index dropped to […]

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Smart Money vs Dumb Money: Precious Metals Turn Bullish

The bullion banks periodically fleece the long-side speculators in the futures market. The pattern has become almost as familiar as day following night. It plays like this; a constant stream of individuals, institutions, and hedge funds discover (or rediscover) the fundamental reasons to own precious metals. Instead of buying physical metal, they get lured into the futures markets by the ability to make leveraged bets and the promise of riches. The bullion bankers build massive short positions by selling paper contracts to all comers and wait for a chance to push prices lower. Recent revelations over price rigging have shown […]

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6 Things Precious Metals Naysayers Get Wrong

Answering the Most Common and Current Objections Gold attracts its fair share of detractors. But the most common objections to gold as money, and as a safe-haven asset within an investment portfolio, are misplaced. Anti-gold myths are ubiquitous. Mega billionaire Warren Buffett remarked derisively of gold that it “gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again, and pay people to stand around guarding it. It has no utility.” That brings us to the first thing precious metals naysayers get wrong… Myth #1: “Gold has no utility.” Warren […]

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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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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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Bull Market in High-Tech Metals to Continue; Chris Martenson: Make Yourself More Self-Sufficient

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up we’ll hear a sensational interview with Dr. Chris Martenson of The Crash Course and PeakProsperity.com. Chris gives a stern warning to those who are becoming complacent and don’t seize on the opportunity to become more self-reliant and self-sufficient during this calm before the storm… and what appears to be an inevitable economic reset. Don’t miss my conversation with Chris Martenson, coming up after this week’s market update. Gold and silver markets consolidated this week, with both metals reacting to jobs numbers on Thursday. The ADP report showed private-sector […]

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Profitable Insights from Money Metals’ Exclusive Podcast Interviews

Dr. Marc Faber, editor and publisher, The Gloom, Boom & Doom Report (4/7/17): “I think that the economy is not going to do as well as people expect… My sense is that the economy in the U.S. is weakening and not strengthening.” “Hard assets such as precious metals are at the historical low point compared to financial assets, so I think going forward there’s a huge discrepancy in performance between financial assets and gold. Hard assets will come back into favor.” “For the rest of 2017, I think that gold shares are an attractive asset class. Precious metals can easily […]

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EU Bureaucrats Fume at Trump; Stefan Gleason Speaks on Monetary Reform, the War on Cash, and Metals Investing

I’m Mike Gleason and welcome to this week’s Market Wrap Podcast. Coming up we’ll hear a fascinating and informative interview Money Metals president Stefan Gleason gave for the Sustainable Money podcast. Stefan shares some of the history behind sound money, when and where the wheels came off our monetary system, some disturbing developments in the war on cash movement and also goes through some dos and don’t when it comes to purchasing gold and silver. You will not want to miss this fantastic interview, coming up after this week’s market update. Gold and silver markets rallied early in the week […]

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U.S. Ponzi Retirement Market In Big Trouble, Protect Yourself With Precious Metals

The U.S. Retirement Market is in BIG TROUBLE as annual benefits paid out are now larger than total contributions. Actually, the amount of net withdrawals were the highest in history. When payouts become larger than contributions… then we have the making of the typical PONZI SCHEME. Americans who have invested their hard-earned money into a 401K, had no idea that it was the Greatest Ponzi Scheme in history. Unfortunately, when the markets crack, so will the value of the U.S. Retirement market. On the other hand, Americans who were wise enough to purchase physical precious metals will protect their wealth […]

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