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Trump On What Happens Next: "Obamacare Will Explode"

"People will see how bad it is and it's getting much worse/ I said the other day when President Obama left, '17, he knew he wasn't going to be here. '17 is going to be a very bad year for ObamaCare, very, very bad. You're going to have explosive premium increases and your deductibles are so high people don't even get to use it. I think what will happen is ObamaCare, unfortunately, will explode."

Plan B: Trump To Blame Ryan, Priebus If Vote Fails

"Trump’s core supporters regarded Ryan as at best unimportant during the presidential campaign and at worst a poster child for the sort of establishment, scripted politician they loathed."

Doug Casey Has "Never Seen Anything Like This"

"What's going on in the US now is a culture clash. They don't just dislike each other and disagree on politics; they can no longer even have a conversation. They hate each other on a visceral gut level. They have totally different world views. I've never seen anything like this in my lifetime. There hasn't been anything like this since the War Between the States, which shouldn't be called "The Civil War," because it wasn't a civil war. "

This New Bubble Is Even Bigger Than The Subprime Fiasco

The total value of student loans in America today is LARGER than the total value of subprime loans at the peak of the financial bubble. And just like the subprime mortgages, many student loans are in default.

Watch Live: Gorsuch Takes The Stand As Republican Threat Of "Nuclear Option" Looms

After a full day allotted for "opening statements" yesterday, Neil Gorsuch once again takes the stand before the Senate Judiciary Committee today but this time he'll actually be entertaining questions rather than sitting in awkward silence as Democrats takes potshots at his professional career.  Grab your popcorn because today's festivities are scheduled for 10 hours of fun.

Monetary Metals's picture

Every week we talk about the supply and demand fundamentals. We were surprised to see an article about us this week. The writer thought that our technical analysis cannot see what’s going on in the market. We don’t want to fight with people, we prefer to focus on ideas. So let’s compare and contrast ordinary technical analysis with what Monetary Metals does.

Technical analysis, in all of its forms, uses the past price movements to predict the future price movements. We are not here to argue for or against technical analysis. We simply want to say that it’s not what we are doing. Not at all.

Our analysis is based on different ideas. The key idea is that there is a connection between the spot and futures market. That connection is arbitrage.

Demand For Physical Gold Is Collapsing

"During the 2008 financial meltdown..There was a total disconnect between the paper price and physical demand. That’s now happening again, but in reverse. The paper price is rising, but physical demand is falling...This strikes me as total madness... There seems to be no fear in the market… no regard for sense or safety."