News-Blog

Posted Monday, 24 November By: David Stockman Yet overnight two central banks promised what amounts to more monetary heroin and, presto, the S&P 500 index jerked up to 2070. That is, the robo-traders inflated the PE multiple for S&P’s basket of US-based global companies to a nose bleed 20X their reported LTM earnings. And those earnings surely embody a high water mark in a […]

Monday November 24, 2014 15:42 Richard (Rick) Mills  As a general rule, the most successful man in life is the man who has the best information HUI/Gold Ratio, National Inflation Association When the HGR is rising, gold stocks are outperforming gold.  Conversely when the HGR is falling, gold is outperforming gold stocks. Since 1996, the

Source: Brian Sylvester of The Gold Report  (11/24/14) Florian Siegfried, head of precious metals and mining investments with Zurich-based AgaNola, says there are small signs—fewer equities participating in the recent rally, greater spreads in the high-yield market—that the sentiment toward gold is changing. But we will have to wait to see if a trend forms. In the

By Nick Giambruno   That was how the slow and careful rapprochement between Russia and China has been described by Eric Margolis, one of my favorite geopolitical writers. US shenanigans in Eastern Europe and the East China Sea—fomenting so-called colored revolutions in Ukraine and Georgia (both on Russia’s periphery) and egging on China’s neighbors to

November 20, 2014 Since 1999 the gold price has moved in concert with the growth in the U.S. Federal Reserve Balance Sheet including the recent correction in both during the past three years.  Accordingly, the following objective analysis forecasts the gold price out to 2016 based solely on historical Central Bank data. The above introductory comments

By Jared Dillian After 30 years of declining interest rates, bond investors are beginning to worry that rates will go higher—especially after the events of May 2013.Back then, 10-year yields went from 2% to 3% on a frozen rope. Things got very dicey in fixed income. Some holders of corporate bonds (like the new Apple

Cecilia Jamasmie | November 20, 2014 British fund manager Ben Davies says that gold prices’ most recent collapse is part of central bank efforts to discourage Swiss voters from supporting the gold initiative to be decided at referendum on November 30. Speaking to King World News, Davies adds that the risk and reward factors are now more

By John Mauldin Russia and its redoubtable president, Vladimir Putin, have been much in the news lately. The latest flurry came when Putin was taken out behind the woodshed at the G20 conference in the Philippines last weekend over his recent moves to inject more Russian troops and arms into Ukraine. For today’s Outside the Box we

November 20, 2014 By Steve Saville   http://Speculative-Investor.com At the beginning of this year, banking behemoth Goldman Sachs (GS) called for gold to end the year at around $1050/oz. We didn’t agree with this forecast at the time and still believe it to be an unlikely outcome (although less unlikely than it was a few

By David Galland, Partner, Casey Research For reasons that will become apparent as you read the following article, I was quite reluctant to write it. Yet, in the end, I decided to do so for a couple of reasons. The first is that it ties into Marin Katusa’s best-selling new book, The Colder War, which I