Central Banks – Tiptoeing Toward the Exit

By Pater Tenebrarum Frisky Fed Hike-o-Matic We haven’t commented on central bank policy for a while, mainly because it threatened to become repetitive; there just didn’t seem anything new to say. Things have recently changed a bit though. A little over a week ago we received an email from Brian Dowd of Focus Economics, who asked if we would care to comment on the efforts by the Fed and the ECB to exit unconventional monetary policy and whether they could do so without triggering upheaval in the markets and the economy**, so we are taking this opportunity to do just that. Outside view of a famous crime scene: the building where the central planners of the fiat money regime gather to “steer” the economy. First of all, the FOMC appears to have decided it will no longer be deterred by short term weakness in economic data and continue to implement … Continue reading

How to Own Your Own Gold Mine

By James Rickards This post How to Own Your Own Gold Mine appeared first on Daily Reckoning. Public equity markets are in many ways a sophisticated game of pump-and-dump. Your stocks soared in 1996-1999, then crashed in 2000. They soared again in 2002-2007, then crashed in 2008. They’re soaring again now. Guess what comes next? For the most part, wealth managers are more interested in their wealth than yours. All kinds of fees and commissions are designed to separate you from your money. When markets turn with a vengeance, you’re the one left holding the bag. Think passive investing and indexing are the answer? Guess again. Active managers do difficult work in research, asset allocation, capital commitment, and price discovery. Active investors are a beast of burden like an elephant. Passive investors, including ETFs, are like parasites on the back of the elephant. A few parasites do just fine, and … Continue reading

How Safe Is Your Money?

By Rick Pearson This post How Safe Is Your Money? appeared first on Daily Reckoning. Suppose you receive an email which pretends to be from Yahoo, Google or wherever else. It tells you your account has seen some suspicious activity and you must change your password right away. This is no longer some klutzy looking email with typos and bad grammar telling you to send money to claim your winnings in some Nigerian lottery. No, instead, these emails are sophisticated copies of real emails sent by real US tech companies. Even the address in the “From” box will appear legitimate. The only difference is that the link that you click on takes you to a phony site. The phony site is also absolutely identical to a real site from Google, Yahoo or whoever else’s customers hackers are targeting. Then under the impression you’re on the correct site, you willingly enter … Continue reading

Jim Rickards Exclusive: Dollar May Become “Local Currency of the U.S.” Only

By GoldSilverWorlds Your browser does not support the podcast player element. DOWNLOAD MP3 Mike Gleason: It is my great privilege to be joined now by James Rickards. Mr. Rickards is editor of Strategic Intelligence, a monthly newsletter, and Director of the James Rickards Project, an inquiry into the complex dynamics of geopolitics and global capital. He’s also the author of several bestselling books including The Death of Money, Currency Wars, The New Case for Gold, and now his latest book The Road to Ruin. In addition to his achievements as a writer and author, Jim is also a portfolio manager, lawyer and renowned economic commentator having been interviewed by CNBC, the BBC, Bloomberg, Fox News and CNN just to name a few. And we’re also happy to have him back on the Money Metals Podcast. Jim, thanks for coming on with us again today. We really appreciate your time. How … Continue reading

Richard Postma – The Doctor Is In – Fri 23 Jun, 2017

By Cory Doc is back! Let’s chat Gold and Silver I am happy to report that Doc is back and should be with us on a bit more regular basis! Today I get Doc’s updated opinion on the precious metals. We chat about the physical price and the underlying stocks. Doc is not changing his views but he does provide some updated targets. Download audio file (2017_06_23-Doc.mp3) …read more Source:: The Korelin Economics Report The post Richard Postma – The Doctor Is In – Fri 23 Jun, 2017 appeared first on Junior Mining Analyst. … Continue reading

Buy or Sell Monsanto Stock Before Earnings?

By Rob Otman Monsanto (NYSE: MON) is a large cap company that operates within the chemicals industry. Its market cap is $52 billion today, and the total one-year return is 11.29% for shareholders. Monsanto stock is underperforming the market. It’s beaten down, but it reports earnings next week. So is it a good time to buy? To answer this question, we’ve turned to the Investment U Stock Grader. Our Research Team built this system to diagnose the financial health of a company. Our system looks at six key metrics… [iu-adbox] ✗ Earnings-per-Share (EPS) Growth: Monsanto reported a recent EPS growth rate of 28.51%. That’s below the chemicals industry average of 52.47%. That’s not a good sign. We like to see companies that have higher earnings growth. ✓ Price-to-Earnings (P/E): The average price-to-earnings ratio of the chemicals industry is 21.73. And Monsanto’s ratio comes in at 20.87. It’s trading at a … Continue reading

The Coming Tax Reform… and Why It’s a Game Changer for Investors

By Samuel Taube with Alexander Green According to House Ways and Means Committee Chairman Kevin Brady, the House is moving forward on a single unified tax reform plan. So I recently sat down with our Chief Investment Strategist Alexander Green to get his views on what this means for the economy, the stock market and your portfolio. ST: Earlier this year, the Republicans found that reforming Obamacare was much more complicated than they thought it would be. They couldn’t get it done. Is tax reform really going to happen this year? AG: Absolutely. It needs to happen, and it will happen. If it doesn’t, what will Republicans run on in 2018… “Elect us – we can’t even get things done without partisan gridlock”? ST: Healthcare is a big sector – nearly 20% of the economy – but tax reform is the whole economy. If they can’t get healthcare done, how … Continue reading

Exclusive Insights on the Gold Market – Fri 23 Jun, 2017

By Cory A Technical Look At Gold Stocks Jordan Roy-Byrne, Editor of The Daily Gold, shares his technical outlook on the gold mining sector focused on GDX. With the recently moves on low volume and the inability of GDX to breakout to the upside Jordan is worried about another drop. He says watch the 21 level on GDX. Click here to visit Jordan’s website. Download audio file (2017_06_22-Jordan-Roy-Byrne.mp3) …read more Source:: The Korelin Economics Report The post Exclusive Insights on the Gold Market – Fri 23 Jun, 2017 appeared first on Junior Mining Analyst. … Continue reading