Here’s what’s going on with the markets, in my honest opinion. It’s a bull market in stocks, according to both the Dow Theory and the PTI, and has been since mid-2009.
Jim Puplava’s Big Picture: Fast and Furious- Paper Gold vs. Physical Gold - The Real Story Behind Gold’s Decline
Kathryn Derbes of KDerbes Precious Metals LLC - “We’re Completely Out of Silver Eagles - They’re Gone”
In this segment of the Big Picture Jim looks at the large decline in gold and silver, and gets into the reasons behind the carnage, as well as the huge difference between “physical gold & silver” and “paper gold & silver”. Jim notes that investors should know why they own gold, understand it, and then leave it alone. Also, Kathy Derbes CFA, and CEO of KDerbes Precious Metals LLC, joins Jim in this segment. She notes the current record buying of physical precious metals, last seen during the Lehman crisis, and says her firm is “completely out” of Silver Eagles. Kathy is not even taking orders for more Eagles, as it may take six to eight weeks or more to acquire them.
In this exclusive interview, previous high frequency trader turned whistleblower, Dave Lauer, discusses the ins-and-outs of HFT on Financial Sense Newshour, including how it is used to takedown stocks through naked short selling, the conflicts of interest with regulators, exchanges, and large firms, and numerous other issues now facing investors in our brave new world of electronic trading.
While gold and silver bullion have fallen considerably since the highs reached in 2011, and mining stocks have fallen even more, I believe the weakness behind much of this move is due to the transition from the bull market in precious metals to its next phase.
Andrew Zolli, Curator and Executive Director of PopTech as well as the author of Resilience, recently gave an interesting presentation on why humans are notoriously incapable at predicting future events, the cognitive biases that prevent us from doing so, and the importance of creating resilient systems.
What’s going on with gold stocks right now? Are they in a bear market and is right now a good time to buy? In a recent interview with Financial Sense Newshour, resource analyst John Kaiser covers a wide-range of issues related to gold and gold mining stocks.
Barry Ritholtz—money-manager, author of Bailout Nation, and writer for one of the top financial blogs in the country—recently spoke with Financial Sense Newshour about the "big picture" on jobs, the economy, and stock market. Here he explains another reason why the stock market continues to move higher while jobs go nowhere.
We all know what has been going on with Japanese politics, BOJ personnel reformation and Japanese financial markets since Abe was elected late last year. The Japanese have now joined the global central banking chorus of “whatever it takes”.