Economy

As 2019 plays out almost precisely as planned, the time is now to prepare...both financially and mentally...for all that is coming later this year and next.

Again, if you need a refresher, here's your roadmap for 2019 that was published back in January:

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Gold and silver were both bouncing back and headed higher earlier today. And then the Comex opened. And then the Q4 GDP came in stronger than expected. And now we're back in the tank.

Here's the story on the Q4 GDP which purports to show that 2018 was the best year for the US economy...

For each of the past several years, we've written January posts that helped to serve as a road map for the year ahead. Though crystal ball-gazing is an inexact science, on balance we've done a pretty good job with these forecasts. As 2019 dawns, we thought we should give it another try today...

From seemingly out of the blue and against all odds, the BLSBS today came in with the largest "job gains" since June of 2016...just in time to send the "stock market" surging and Comex gold crashing. As if we've never seen this movie before...

You know, when CDG tapped $1300 last...

Here comes Chief Goon Powell. The day revolves around him. Thus this brief post to help you kill the time.

Again, all the fun begins at 2:00 pm EST. As we discussed yesterday, I fully expect a 25 basis point fed funds rate hike followed by a set of fedlines that suddenly seem "dovish"...

News over the weekend pointed to a rally today in the precious metals and commodities...though it took a while for it to kick in.

Of course, the source of this rally is the "ceasefire" in the Trade War announced by Trump and Xi back on Saturday. This sent the yuan surging from the open...

We wrote two weeks ago about CGP painting himself into a corner. That corner got even tighter today and it will soon close, leaving him with zero remaining options.

It's coming at CGP from multiple directions today. First, Trump in all his glory, pounded away in an interview posted...

What to do if you are an overpaid, ivory-tower Fed Head? You want to keep raising the fed funds rate in order to benefit your owners but, at the same time, your higher rates are driving your stock market lower. Again, what to do, what to do?

Below you can see El Problemo. When the...

It's not quite like the summer doldrums but today's action is similar. We'll likely sit and wait with prices in a range, all the while subject to sudden spikes and selloffs due to random headlines about turnout and exit polls. So, why not a Hat Contest?!?

Ummm, let's see...What can we...

The week begins with a U-turn on the chart. Is that what we have to look forward to this week?

In case you missed it earlier, here's a 5-minute chart showing the action/reaction to the Iran sanction news and other headlines:...

Please be sure to take some time to read this today. Ahead of Tuesday's US elections, our friend Jim Quinn accurately and eloquently summarizes where we are relative to "The Fourth Turning".

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Well, all things considered, when Comex gold and silver can shrug off a "strong and robust" BLSBS, then maybe things are indeed beginning to turn.

If you missed the news from earlier, here's the official summary from ZH:...