TRUNEWS 11/16/15 – Rick Wiles & Terry Sacka On the Monday edition of TRUNEWS, host Rick Wiles is joined by staff members and friends as he introduces the ministry’s latest addition, News Director Bob Page. Silver analyst Terry Sacka also joins in on the discussion, as the group weighs the impact of the Paris Terror…
Gold has climbed to a seven-week high bolstered by a weaker dollar and continuing expectations the Fed won’t hike interest rates in 2015.
“Markets are continuing to price in doubt about a Fed rate hike in December despite Vice Chairman Fischer’s weekend comments,” said Ric Spooner, chief analyst at CMC Markets.
The yellow metal gained as much as 0.9% to $1,166.80 an ounce, the highest since
What effects does advanced technology and automation have on society and the economy? The new economy is “survival of the fittest” on steroids, and this evolution is accelerating at an unprecedented pace.
Recent advances in technology have already pushed us past the Rubicon. As we integrate this new tech, we’re going to eliminate multiple categories of jobs. Winter is coming, and it can’t be stopped.
This is going to create tremendous pressure on the
TRUNEWS with Rick Wiles interviewing guest speaker Terry Sacka AAMS of Cornerstone Asset Metals. Rick discusses the possibility of the United States going into the most turbulent time since 1929 (The Great Depression).
He sees a “Window of Danger” from September 13th 2015 through October 9th where there possibly will be a major market
The market remains on fence on the timing of the Fed’s rate hike.
SPDR Gold Trust benefits from economic uncertainty but not from low inflation.
The Fed still expects inflation will reach its target in the coming years.
A strong non-farm payroll report could further push down the price of GLD.
The demand for silver for investment is rising, but the price of SLV continues to fall.
The physical demand for silver is expected to increase, which will increase the physical silver deficit.
The ratio of silver to gold is rising – does this mean SLV becomes a bargain?
Even though the discussion in the U.S. continues to revolve around the timing of the Fed’s next rate, which could still move the price of the iShares Silver Trust (NYSEARCA:SLV), the physical silver continues to tighten on account of rising demand. But does a deficit in the physical silver market push higher the price of SLV? Also, will the high gold-to-silver ratio – currently at 77 – suggest that silver is undervalued relative to gold and may suggest a buying opportunity?
Stocks are so overrated. Don’t get me wrong – I love the stock market. The opportunity to conduct fundamental analysis on publicly-traded corporations to identify potential ownership in high-quality businesses trading at attractive valuations is the reason why I decided to pursue a career in the investment industry so many years ago. But when listening to people in the media and elsewhere talk about capital markets, stocks are so revered above all else that one could easily include that no other choices
By Lior Cohen
