Central Banks Now Own Stocks And Bonds Worth Trillions – And They Could Crash The Markets By Selling Them

Have you ever wondered why stocks just seem to keep going up no matter what happens?  For years, financial markets have been behaving in ways that seem to defy any rational explanation, but once you understand the role that central banks have been playing everything begins to make sense.  In the aftermath of the great financial crisis of 2008, global central banks began to buy stocks, bonds and other financial assets in very large quantities and they haven’t stopped since.  In fact, as you will see below, global central banks are on pace to buy 3.6 trillion dollars worth of […]

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The Evidence that Stocks Are More Overvalued than Ever

Tuesday morning, the Dow was just 27 points away from 21,000 again! How can anyone believe this is NOT a bubble?! Nobel Laureate and economist Robert Shiller developed the best valuation indicator I’ve seen. His cyclically adjusted price-earnings ratio is known as the Shiller P/E, or CAPE. And he agrees with me: We’re clearly in bubble territory! Yet Fed Chair Janet Yellen and investing legend Warren Buffett – and way too many other experts and investors – continue to believe otherwise! They should take notice of what I’m about to say… Shiller uses the average of the last 10 years’ […]

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Mining Stocks Rebound; Craig Hemke: Silver Manipulation Like NEVER Before

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up you’ll hear a tremendous interview with Craig Hemke of the TF Metals Report. Craig pulls no punches in calling out the foolish speculators who inadvertently perpetuated the silver price manipulating schemes by continuing to make bad bet after bad bet in the futures market. He’ll explain what’s been happening and what it will take to bring the whole flawed price discovery mechanism down. You simply will not want to miss a truly fantastic interview with Craig Hemke, coming up after this week’s market update. Despite a rough several […]

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The ’51st U.S. State’ Declares Bankruptcy As Corporate Insiders Sell Stocks At The Fastest Rate Since The Last Financial Crisis

Puerto Rico has collapsed financially and has “filed for the equivalent of bankruptcy protection”.  When this was announced on Wednesday, it quickly made front page news all over the planet.  For decades, Puerto Rico has been considered to be the territory most likely to become “the 51st U.S. state”, and there have even been rumblings that we could soon see a renewed push for statehood.  But that is on the back burner for now, because at the moment Puerto Rico is dealing with a nightmarish financial crisis that is the result of an accelerating economic collapse.  Unfortunately, many Americans still […]

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Tech Stocks Experience Their Longest Losing Streak In 5 Years As Panic Begins To Grip The Market

S&P 500 tech stocks have now fallen for 9 days in a row.  The last time tech stocks declined for so many days in a row was in 2012, and that was the only other time in history when we have seen such a long losing streak.  As I have stated before, the post-election “Trump rally” is officially done, and the market is starting to roll over as investors begin to realize that all of the buying momentum has completely evaporated.  Tech stocks tend to be particularly volatile, and so the fact that they are starting to lead the way […]

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What Is America Going To Look Like When Stocks, Home Prices And Even Used Cars All Crash By At Least 50 Percent?

Have you ever thought about what comes after the bubble?  In 2008 we got a short preview of what life will be like, but most Americans seem to have come to the conclusion that the last financial crisis was just a minor bump in the road toward endless economic prosperity.  But of course the truth is that the ridiculously high debt-fueled standard of living that we are enjoying now is not sustainable, and after this bubble bursts it will be an extremely painful adjustment for our society. Since the last financial crisis, the U.S. national debt has nearly doubled, corporate […]

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Have We Reached A Turning Point For Stocks? Tuesday Was The Worst Day For The Stock Market In 6 Months

The post-election stock market rally is officially over.  After hovering near record highs for the past couple of weeks, U.S. stocks had their worst day in six months on Tuesday.  For quite some time it has been clear that the momentum of the post-election rally had been exhausted, and a pullback of this nature was widely anticipated.  But even though stocks fell by more than 1 percent during a single trading session for the first time since last September, it is going to take a whole lot more than that to bring stock prices back into balance.  In fact, stocks […]

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Important tips: Precious Metals v. Mining Stocks

Most readers of this column own (or plan to own) physical precious metals – gold and silver, perhaps even some platinum or palladium. They may also own mining stocks. But which category is “best”? It’s like asking, “What’s the most efficient exercise?” or “What’s the best fishing lure?” Truth be known, it’s really about what you wish to accomplish! Here is my considered opinion… Precious Metals Offer Insurance First – Profit Second One should strongly consider holding physical precious metals for “investment first, profit potential second.” The primary function of “metals in hand” is to help offset the possible loss […]

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The Most Explosive Stocks of 2017 (IPI, LPG, WLL, CCJ, URRE, CENX)

Wanna buy SPY? You’re better off torching your cash instead. At least you’ll get a viral instagram video out of it. The largest 500 stocks have been uptrending for the last 8 years and have little room left to go…   Valuations are expensive. The S&P 500 has a P/E of 25.39 — official nose-bleed territory.   At these levels, we have no interest in following the herd into a market top. Our strategy has instead been to search for cheap stocks in hated sectors that can pay option-like returns. We call these “explosive stocks” because of their incredible potential. […]

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Are We Being Set Up For A Crash? Stocks Hit A Level Only Seen During The Bubbles Of 1929, 2000 And 2007

Will the financial bubble that has been rapidly growing ever since Donald Trump won the election suddenly be popped once he takes office?  Could it be possible that we are being set up for a horrible financial crash that he will ultimately be blamed for?  Yesterday, I shared my thoughts on the incredible euphoria that we have seen since Donald Trump’s surprise victory on November 8th.  The U.S. dollar has been surging, companies are announcing that they are bringing jobs back to the U.S., and we are witnessing perhaps the greatest post-election stock market rally in Wall Street history.  In […]

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