When the U.S. market begins trading on Monday, the first day of June, it could be very interesting for the silver price. Why? Well, the silver price closed right at an important technical level on the last trading day of May. More importantly, the silver price closed just a few…
With the U.S. heading into an economic depression, it will likely motivate more investors to protect their wealth in precious metals. Thus, we could experience a U.S. economic depression and, at the same time, a bull market in gold and silver. Interestingly, over the past two months, the major U.S….
It’s no surprise to most investors that the Fed is propping up the stock market. However, if we compare the Dow Jones Index versus the continued unemployment claims, something seriously wrong is going on. According to the St. Louis Federal Reserve, continued unemployment claims are nearly four times higher than…
Due to investor fears stemming from the global contagion, demand for Perth Mint silver and gold bullion products surged in April. According to CoinNews.net, the Perth Mint’s gold bullion sales in April were the highest since the website started collecting data in February 2013, while silver bullion sales were in…
Even with the highest unemployment rate in more than 80 years, the U.S. Stock Market continues higher regardless of the lousy economic data and fundamentals. However, without the massive money printing and liquidity injections by the Federal Reserve, the stock market indexes would be substantially lower. Unfortunately, the Fed is…
There’s no better way to describe what is taking place in the U.S. Big three Oil Companies domestic oil and gas sector than a complete and utter financial disaster. Honestly, I am not exaggerating. The only place ExxonMobil, Chevron, and ConocoPhillips are making decent money is in their non-U.S. or…