Category: Category: Stocks
Michael Pento Warns: Stock Market May Go Off the Cliff, Stagflation Like Never Before
“It’s Beyond the Twilight Zone to Have $13 Trillion in Debt with a Negative Yield” Your browser does not support the podcast player element. DOWNLOAD MP3 Mike Gleason: It is my privilege now to welcome back Micheal Pento, President and Founder of Pento Portfolio Strategies. Michael’s a well-known money manager and a terrific market commentator and author of the book The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market. He’s a regular guest right here on the Money Metals Podcast and we always love having him on. Michael, thanks for the time again today and welcome back. Michael Pento: Great to be back on your program. Mike Gleason: Well […]
Chris Powell: Futures Markets Give High-Volume Trading Discounts to Governments
Your browser does not support the podcast player element. DOWNLOAD MP3 Mike Gleason (Money Metals Exchange): It is my privilege now to welcome in Chris Powell, Secretary-Treasurer at the Gold Antitrust Action Committee, also known as GATA. Chris is a long-time journalist and hard money advocate, and through his tireless efforts at GATA he is working to expose the manipulation of the gold and silver markets. Through GATA’s work over the years. Some important revelations have come to light, which quite honestly should concern everyone. It’s great to have him back on with us. Chris, how are you, and thanks for taking the time to talk with us today. Chris […]
Gold and Silver Are “Asymmetric” Trades
An asymmetric trade is a situation where investing a relatively small amount of money holds the potential of yielding a profit many times the amount of the original sum at risk. In other words, where the risk to reward is skewed massively in the direction of reward. This took place recently with Bitcoin (BTC). Is this conceptually different from bets made years ago on Microsoft, Cisco, Amazon, or Facebook, which yielded hundreds of percent profit to intrepid investors? Does it have relevance to the possible returns during the next few years for those who hold physical gold and silver? I would answer “yes” and “yes.” The current “mania” in the […]
Trump World: What Happens to Your Investments Now?
Donald Trump’s victory came as the first surprise for many around the world. The reaction in the markets was the second surprise. Investors got what they expected for a few hours overnight as the ballot results came in; stocks were crushed and metals spiked higher. By mid-morning on Wednesday, however, stocks were surging and metals rolled over. Now, a few days post-election, commentators and “experts” have written stories to explain the action in markets. Some of these stories may even prove true. But at this early stage, investors should recognize that markets mostly reflect hopes, fears, and high frequency trading shenanigans. Reality tends to arrive later. All eyes are focused […]
Fed Chair Yellen’s Plan B: “Intervene Directly” in Stock Market
October could see a ramping up of volatility across all asset markets. The month is notorious on Wall Street for the 1987 stock market crash. Fall crashes also occurred in 2002 and 2008. Are we due for another one? Perhaps. Some analysts think it will come after the election. Others think the stock market will stay elevated until the Federal Reserve raises rates. The Fed will be out of the picture this month – at least as far as policy decisions are concerned. The Fed won’t convene another policy meeting until November 1-2. Most Fed watchers expect the central bank to avoid making any rate moves so close to the […]
Stock Markets Erase Brexit Losses: Is the Fallout Already Behind Us?
It is way too early to sound the “all clear” signal, and the real Brexit fallout may still be ahead. Here are some developments that investors should weigh carefully…
Gold Stocks: Limited Downside
Both charts, as well as the bifurcated market, suggest that the downside in gold and gold stocks is limited, but the upside, especially in gold stocks, is not tied to any limit. Now is the time to be picking the best gold stocks.
Gold Miners Are Coming Alive
Our most interesting observation of this week is that gold has traded flat for a couple of days but that gold and silver miners were rising significantly on those days. We know that miners have a track record of leading the metals both higher and lower. That being said, this week’s price action in the gold mining space could be of exceptional significance. The three key gold and silver mining indices are all flashing the same bullish signals. The chart below features several indicators which are mainly sending bullish signals.
Incredible Signs of a Bottom in Gold and Mining Sector
It’s an easy gain for investors, but the sector has been left for dead and is hated, a classic sign of a major bottom. FutureMoneyTrends.com will soon be releasing some of the top junior mining companies to own right now. Looking at the actions of Ray Dalio, George Soros, Rick Rule, Eric Sprott, and other legendary investors. NOW is the time to enter the metals and mining shares.
Gold Miners: The Ultimate Contrarian Investment
Returns have been quite awful to say the least, which from a contrarian perspective gives investors a chance to bet on a short term bounce, if not a long term rebound. Conditions in the Precious Metals sector are very much depressed from the historical basis, as evidenced by the following two charts.
Now Is The Time To Accumulate Future Gold Mining Tenbaggers
One of the people who has proven to be extremely successful in the gold mining area is Keith Neumeyer. He has made First Quantum Minerals and First Majestic Silver successful, and he started those companies at the depths of the previous bear market. His first two gold miners reached billion-dollar market caps. He now is going for a third succes with First Mining Finance (FF). It’s a mineral bank for hard asset investors, where Keith and his team will accumulate high-quality resources at dirt cheap prices due to the 4-year commodity bear market.
First Majestic Hitting Multi-Decade Support Level
First Majestic could go lower from here but it has reached a fairly strong support level. The $3 level acted as both support and resistance during 2006 through 2010 and now price is testing that level again. The sliding parallel, see the dashed line on the chart below, provided support in November and December 2014 and price is testing that support level again.
High Confidence In Gold Stocks Even If Consolidation Will Continue
We believe that the new commitment to cost transparency, greater financial discipline and shareholder value represent a crucial – if late in coming – insight into the sector’s managers. Whether this new focus turns out to be mere lip service or not will become evident in coming quarters. Since the sector’s massive write-downs and value adjustments were one-off events, they could result in greater upside leverage. We therefore believe that gold stocks continue to exhibit a strongly asymmetrical risk/reward profile at present.
3 Gold and Silver Miners Worth Buying
Whenever the mining shares enter another rally phase I expect silver miners to out-perform the gold miners. My portfolio is overweight the silver miners (AG, SLW, CDE, HL, PAAS, SSRI. MVG) but First Majestic (AG) is one of my favorites.
