BREAKING: Silver Trades Above $30/oz First Time In Over a Decade
Silver prices have reached $30 per ounce, marking a significant milestone driven by strong industrial demand and favorable market conditions. This surge reflects investor confidence in the metal’s future, bolstered by increasing applications in technology, renewable energy, and electronics. The rally is part of a broader trend in precious metals, silver is now up 5.6% […]
Turley: Will The Trump Jury Realize They Are Being Played By The Prosecution
Turley: Will The Trump Jury Realize They Are Being Played By The Prosecution Authored by Jonathan Turley, Below is my column in Fox.com on the approaching end of the Trump trial in Manhattan. With the dramatic implosion of Michael Cohen on the stand on Thursday with the exposure of another alleged lie told under oath, […]
World’s #1 Golfer Tossed Against Car, Arrested In Kentucky — Calls “Very Chaotic Situation”
World’s #1 Golfer Tossed Against Car, Arrested In Kentucky — Calls “Very Chaotic Situation” The world’s #1 golfer Scottie Scheffler was arrested and taken to jail on several charges – including a felony charge of assaulting a police officer, after he tried to bypass a massive traffic backup to enter the Valhalla Golf Club in […]
GameStop Crashes On Plan To Dump 45 Million Shares On Market
GameStop Crashes On Plan To Dump 45 Million Shares On Market Sunday: pic.twitter.com/YgjVqtgcNS — Roaring Kitty (@TheRoaringKitty) May 13, 2024 Roaring Kitty’s post on X unleashed a mega short squeeze in heavily shorted Gamestop and AMC Entertainment Holdings between Monday and Wednesday. On the first day of the mania, we pointed out, “You know Jefferies bankers are burning the […]
Silver Surges Past Gold, Ratio Suggests Further Gains to Come
Silver has taken the spotlight, soaring to $30 per ounce and outpacing gold’s gains this year. While gold’s record-setting rally grabbed headlines, silver’s surge, driven by strong financial and industrial demand, has made it one of the top-performing commodities of 2024. The gold-to-silver ratio, which currently stands at about 80 ounces of silver to one […]
Is Buffett’s Cash Hoard A Market Warning?
Is Buffett’s Cash Hoard A Market Warning? Authored by Lance Roberts via RealInvestmentAdvice.com, Every year, investors anxiously await the release of Warren Buffett’s annual letter to see what the “Oracle of Omaha” says about the markets, the economy, and where he is placing his money. “One of the longest-running traditions in modern finance is that every year, […]
Ukraine Formally Asks NATO To Send Troops For First Time, Pentagon Mulling
Ukraine Formally Asks NATO To Send Troops For First Time, Pentagon Mulling The continued inevitable and disastrous slide into a WW3 nuclear-armed confrontation between Russian and the West continues as The New York Times reports NATO appears to actually be seriously mulling sending troops to Ukraine to serve in the role as ‘trainers’ at a […]
Biden Agrees To A Debate Between Kamala Harris And Trump’s VP Pick
Biden Agrees To A Debate Between Kamala Harris And Trump’s VP Pick Authored by Mike Shedlock via MishTalk.com, This VP debate will be widely watched and a lot of fun too. I have a suggestion for Trump. Stage Set for VP Debate Politico reports Biden Campaign Agrees to VP Debate on CBS The Biden campaign has […]
Chinese FX Outflows Soar To Highest Since 2015 Devaluation, Priming Next Bitcoin Surge
Chinese FX Outflows Soar To Highest Since 2015 Devaluation, Priming Next Bitcoin Surge Last October, when we pointed out that China’s FX outflows had just hit a whopping $75BN – the single biggest monthly outflow since the 2015 currency devaluation – we concluded that the “unfavorable interest rate spread between China and the US will […]
With Momentum In Its Favor, Gold Has Potential To Head Higher
With Momentum In Its Favor, Gold Has Potential To Head Higher Authored by Ven Ram, Bloomberg cross-asset strategist, Gold looks well poised to build on this year’s gains, with speculative momentum seeming to entice marginal buying and perpetrating a virtuous circle. Bullion is on track for a fourth successive monthly rally, with its gains so […]