Bullion is Purchased for Investment Purposes - Money Metals Exchange. 'Sell In May and Go Away' Might Be a Good Idea for Conventional Assets. 'Sell In May and Go Away' Might Be a Good Idea for Conventional Assets. Volatility in the currency markets, bond markets, and stock markets likely has a lot of people on Wall Street feeling a bit worn out.
Taking a summer vacation in the Hamptons might just be their best idea. The coming months promise to be anything but quiet and predictable. Here are a couple of items that may yield profound implications for stock, bond and currency investors before summer ends... The Threat of an Official Recession Is Looming The next few months are critical for the U.S. economy. The U.S. trade deficit recently came in much larger than expected. So far U.S. equity investors are hoping for the best, or at least hoping the Fed will reverse course on tightening.
It is hard to imagine valuations at these levels holding if investors and high frequency trading algorithms must grapple with an official recession. The End Is Nigh for Greece The Greek government is running out of tricks to avoid a default. Coming QE & Low Rates Will Be ‘Rocket Fuel for #Gold’ Pento: Coming QE & Low Rates Will Be ‘Rocket Fuel for Gold’ Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up Michael Pento of Pento Portfolio Strategies joins me for a must-hear conversation on why he believes central bankers must perpetually keep interest rates near zero -- and the massive inflationary bubble economy that will likely result. Also, find out how Michael is approaching gold and gold related investments for his clients right now. Don’t miss a tremendous interview with Michael Pento, coming up after this week’s market update. Precious metals markets are trading mixed this week as gold struggles to regain the $1,300 level. Gold prices pushed higher mid week but got pulled back down on Thursday. Silver looks lower by just a couple cents or 0.3% this week to bring spot prices to $15.36 an ounce. Palladium finds itself just few dollars shy of another new record high. One of the real world consequences is a rise in catalytic converter thefts from parked vehicles.
Although I hasten to add, I want to add two things. Will You Heed the New Signs of #Economic Crisis? Will You Heed The New Signs Of Economic Crisis? This article is published in collaboration with Scutify, where you can find real-time markets and stock commentary from Robert Marcin, Cody Willard and others.
Download the Scutify iOS App, the Scutify Android App or visit Scutify.com. By David Smith, Originally Published on Money Metals Exchange On December 7, 1941, Kermit Tyler, an untrained watch officer, was on duty when a radar operator reported to him that he was seeing a large "blip" on the radar screen headed towards Pearl Harbor. Thinking it was a flight of returning U.S. B-17 bombers, Kermit replied nonchalantly, "Don't worry about it. " The "blip" turned out to be the first wave of over 300 Japanese fighters and torpedo bombers bent on attacking U.S. naval and air assets, an act which would plunge the country into World War II.
Like the warships on Battleship Row, your assets are at risk. Eight battleships - each named for an American state - were grouped at Pearl Harbor when the Japanese attacked. Kermit had an excuse.