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The BLM’s Quiet War On Precious Metals

The BLM’s Quiet War On Precious Metals

Image Source: Pixabay The Bureau of Land Management is a federal agency that controls 245 million acres of land and controls 30% of the country’s mineral resources. On the East Coast, it manages little land but manages an enormous share of Western states. It owns over two-thirds of Nevada. This gives the federal government enormous sway over the […]
Are You Better Off Than You Were 4 Years Ago

Are You Better Off Than You Were 4 Years Ago

Image Source: PexelsPer capita GDP relative to 1st quarter of new administration:Figure 1: GDP relative to 2021Q1 (blue), and GDP four years ago relative to 2017Q1 (orange), in logs. 2024Q1 value is GDPNow implied level based on 3/19 release and GDP estimate as of 3/21. Source: BEA 2023Q4 2nd release, Atlanta Fed, and author’s calculations.The cumulative growth […]
Stocks And Precious Metals Charts – Twilight Approaching

Stocks And Precious Metals Charts – Twilight Approaching

Stocks did a grand rally up to new highs, and then flopped over into the close.The VIX fell.The Dollar surged.Gold and silver rallied hard from the overnight, and then were sold in New York.Have a pleasant evening.  More By This Author:Stocks And Precious Metals Charts – Burning Dollars And Making Sense Stocks And Precious Metals […]
A Lack Of Control Over Inflation Appears To Be Taking Hold

A Lack Of Control Over Inflation Appears To Be Taking Hold

Since the beginning of March, the S&P 500 has been undergoing a nice consolidation, which passed between yesterday and today. However, the index did manage to hit the upper trend line, which has been respected since February 12. It also trades one full bar above the upper Bollinger band, which hasn’t happened often during this […]
Round 2 For The Bearish “Black” Candlestick In S&P And Nasdaq

Round 2 For The Bearish “Black” Candlestick In S&P And Nasdaq

The Nasdaq started brightly but ended up closing below its open price but above yesterday’s close. The S&P did something similar, although the intraday range is narrower. These two setups are somewhat complicated by the new ‘buy’ triggers in On-Balance-Volume for both the Nasdaq and S&P. And the new MACD trigger ‘buy’ for the S&P. […]
Don’t Stop The Music

Don’t Stop The Music

Image Source: Pexels MARKETSStocks continued their climb on Thursday, extending the gains from the previous session. However, profit-taking emerged in the afternoon New York session, reversing intraday gains after all three major stock indexes on Wall Street reached record highs. The rally was initially driven by chip stock gains following Micron Technology’s optimistic forecast.Today, there is […]
How Nvidia And AI Overshadowed The Fed

How Nvidia And AI Overshadowed The Fed

Image Source: Unsplash Two major events happened this week.One, the Fed kept rates where they are and signaled three more rate cuts to come this year. That’s what I’ve been saying would happen for months.The bigger event, in case there was any doubt that artificial intelligence (AI) is growing rapidly, was this week’s Nvidia GTC expo […]
AI’s Energy Needs Are Increasing, And Companies Like This Will Profit

AI’s Energy Needs Are Increasing, And Companies Like This Will Profit

  ↵Image Source: Unsplash   “No power, no AI. Or to put it more clearly: no electricity, no progress.” That’s what the CEO of Siemens Energy told shareholders at a recent meeting.You see, everyone is excited about the potential of artificial intelligence (AI). But they’re forgetting one important thing.The rapid increase in demand for AI is running […]
Market Optimism Misplaced, Brace For Impact

Market Optimism Misplaced, Brace For Impact

Image Source: Pixabay Danielle Park joins Kai Hoffmann for the first time on Soar Financially and examines the disconnect between current market optimism and the underlying economic indicators suggesting a forthcoming hard landing. Drawing on her extensive experience, Park offers a pragmatic outlook on the risks of speculative mania and the importance of cautious investment strategies […]
Deep Dive: The US Jobs Market Is Much Weaker Than It Appears

Deep Dive: The US Jobs Market Is Much Weaker Than It Appears

The US job market is showing signs of acute weakness with an alarming disconnect between the official government numbers and other metrics. According to Chris Puplava, Chief Investment Officer at Financial Sense Wealth Management, the widely-watched non-farm payroll report, for example, has shown consistent job growth of over 200,000 jobs per month for the past […]