We don’t employ technical analysis that much, one reason being we’re buying gold and silver for what we believe will be a major shift in our markets, economy and currency.
The ongoing trade dispute between the U.S. and China remained the main focus for mainstream media outlets this week.
Careful research into an economy can result in a relatively accurate prognostication, the timing is always the most difficult aspect to pinpoint.
1. The political pressure against President Trump continued to escalate as the impeachment inquiry got underway this week. The entire inquiry appears to be based around whether Trump pressured Ukraine’s president to conduct an investigation into the Biden family and Trump doubled down this week when he said, during a televised interview with reporters as…
It happened with little fanfare, with virtually no reporting by the mainstream press. But this development signaled that one of the biggest gold-buying entities sees a growing need to own gold right now.
In any country, during prosperous times, the great majority of people go to work each day with the understanding that productivity results in an improved life. Even for those of humble means, the existence of prosperity around them is a daily assurance that, if you work hard and/or work smart, your life will steadily improve.
The trade dispute between the U.S. and China took a new turn this week as the Democrat-controlled House of Representatives announced this week that it was opening a formal impeachment inquiry against President Donald Trump over alleged abuse of power surrounding a phone call he made to the President of Ukraine back in July.
Recently, many political hopefuls on the Left in the US have “come out” as socialists. Some may have been socialists all along, whilst others may merely be hoping to cash in on the popularity of avowed socialist Bernie Sanders in 2016.
Governments are in the flim-flam business. Pared down to the bare essentials, governments can be very useful in passing and enforcing a small number of very basic laws.
The ongoing trade dispute between the U.S. and China, uncertainty over the direction of U.S. monetary policy and continued uncertainty over the United Kingdom’s exit from the European Union all remain the primary drivers for market moves in the near term. A clearly sophisticated strike on Saudi Arabian oil facilities over the weekend also acted to send uncertainty and fear into markets.