With cruise missiles flying into Syria and North Korea is in Trump’s crosshairs, what the heck is going on? Eric Dubin and Jason Burack cut through the geopolitical fog and tie it back to market action.
Yes Virginia, government interests do manipulate precious metals mining shares so as to influence the price of gold…
Firing on all cylinders and tackling important economic and political events of the past month while looking towards what may happen in 2017, the latest “Welcome to Dystopia” is one of the most informative and downright funny episodes of recent memory. Jason and I pull no punches! – Eric Dubin, Managing Editor, The News Doctors
India’s war on cash sends people queuing in bank lines and spikes local Indian-priced gold higher while Western markets remain oblivious…
On Monday, I published an article (click here) and additional Facebook posts (click here) explaining that we were inside a 24 hour window where precious metals were likely setting a bottom. Upside momentum has faded and bullion manipulators are going to try to pressure prices downward. So far, the bottom has held but Thursday and Friday are key and Fed Chair Yellen is speaking before Congress on Thursday. December will see a 25 basis point Fed Funds rate hike, and this is already priced into the precious metals market but that doesn’t mean the market will not be attacked on Thursday! If we get an attack timed in association with Yellen’s Congressional testimony, it should be short-lived.
Jason and I recorded WTD #29 last Monday, after the New York market close. – Eric Dubin
Despite today’s capping effort, underlying fundamentals and concerns about the U.S. election are supporting precious metals.
Jason Burack and Eric Dubin greet Labor Day Weekend with analysis and gallows humor you’ve come to expect from Welcome To Dystopia.
As an American, I hereby apologize to the world. If you thought the US Presidential Election was crazy thus far, you haven’t seen anything yet. Jason and I survey the political landscape and tie it into what’s going on with our economy and financial markets. – Eric Dubin