Russia 1 Trump 0 – Section 232

On July 12th, it was Black Friday for uranium companies.

Many uranium stocks had a severe meltdown…

The cause of the midday crash was an information leak from the White House.

It’s a Matter of National Security…

If you’ve paid attention to Donald Trump and his government over the past three years, you’ll notice his top priorities have a common theme…

…Independence and national security.

He doesn’t mind battling China on trade wars. And he’ll even impose steel tariffs on friendly allies like Canada.

The administration is taking a no-holds-barred approach to negotiations.

Next to its military, one could argue that the American energy sector is the nation’s most important sector.

Without it, hospitals aren’t powered, airports don’t work and defense systems are inoperable.

Uranium energy is baseload power. It’s crucial in keeping the lights on. A fifth of all households in the United States are powered by uranium.

And if you weren’t aware, the U.S. imports over 90% of the uranium that it consumes.

Which begs the question…

Episode 111: Invest Like a National Poker Champion

Crypto Market Still Has Plenty of Room to Run

“Is it too late?”

That’s been a popular question among cryptocurrency investors over the lifespan of the asset class. For example:

• In 2013, bitcoin ran from roughly $100 to $1,100. And investors asked, “Is it too late?”

• In 2017, bitcoin ran from roughly $1,000 to over $20,000. And again, investors asked, “Is it too late?”

• And despite its recent pullback, with bitcoin still trading above $9,500 (about 155% up off its recent lows)… investors are once again asking, “Is it too late?”

The answer back then and the answer now is still a resounding no…

Take a look at the chart below. It compares the Crypto Winters of 2014–2015 and 2018–2019. And it gives us perspective on the volatile moves of crypto…

Market Commentary: S&P 500, Dow, Nasdaq Surge To New All-Time Highs - Jerry Robinson

Gold Stages a Major Breakout... Here's What It Means

If you blinked, you might have missed it...

The price of gold has been soaring. It jumped 7.3% over a two-week stretch last month. And the metal is up double digits over the last two months.

The recent move has been swift and powerful. It pushed gold to a new 52-week high... And more than that, the metal crossed above $1,400 an ounce for the first time since 2013.

These are both fantastically good pieces of news for gold. They tell us that the rally is powerful... and that it can keep going. In fact, history says we could see another 19% gain over the next year.

Let me explain...

Gold has been dead money for nearly a decade.

The furious bull market of the 2000s culminated with a massive peak in late 2011. Gold nearly broke $2,000 an ounce. Then it crashed...

Meb Faber unplugged

The market landscape is in a constant state of ebb and flow… As conditions change, it’s important to remain open-minded about your investment strategy. There are countless methodologies out there… and the more you know about each one, the better prepared you’ll be for any type of market.

Meb Faber, CEO and chief investment officer of Cambria Investment Management, joins me today to discuss the “quant” method of investing. In this wide-ranging interview, Meb breaks down his thoughts on today’s markets… plus the best investing opportunities you can take advantage of right now [17:14].

If you’re thinking about following the crowd into tech giant Micron Technology, listen to my educational segment first [51:30]. There’s another company I like even better…

Over 50? The Important Investment you NEED to Make...

What do you call an investment that has no risk, requires little — if any — money to start, is available equally to the rich and poor, is proven to improve your career prospects…  can generate hundreds of thousands of dollars in savings over a lifetime?

I call it good health.

Although you might view spending on your health as a necessary expense, I’d argue it’s an investment that will pay back dividends.

Health is one of the least talked about financial topics but arguably the most important. 

Without good health, it doesn’t matter how much money you have in the bank because you won’t ever be able to enjoy it if you’re always sick.

According to The Wall Street Journal, the average individual will rack up $220,000 worth of health expenses in retirement.

It should come as no surprise, but getting old is not cheap.

There are, however, proven things you can do today that will help decrease your health costs tomorrow.

Investing: Expectations vs. Reality | Phil Town

Big Business Is Making Moves Into Cannabis

His life changed after he drank a mysterious tonic on a layover in Thailand…

Dietrich Mateschitz was a director for a bathroom products company. In 1982, while on a business trip in Bangkok, he sought something to cure his jet lag.

That’s when he discovered a local beverage made of caffeine, taurine, and other stimulating substances. He was hooked…

He quit his job in 1984 and set out to sell these tonics around the world. By 1997, Dietrich was selling a carbonated version of the drink in Europe and the U.S.

The name of the drink?

Red Bull.

And it disrupted the soft drink industry…

Red Bull created an entirely new category of products: energy drinks. And it wasn’t long before others followed suit.

Take Monster Beverage, Red Bull’s closest energy drink competitor. Unlike Red Bull, Monster is publicly traded.

Since it introduced its “Monster Energy” drink in 2002, Monster’s share price has skyrocketed by 70,907%. Take a look:

Bill Holter & Jim Sinclair – Gold $87,000 per ounce at Least

Trump Tweeting About Bitcoin Is ‘Achievement Unlocked,’ Says Coinbase CEO

Donald Trump saying he is not a fan of Bitcoin (BTC) and cryptocurrency is “yuge” for the industry, commentators were suggesting after new tweets on July 12.

In the hours after the United States’ president delivered his lackluster appraisal of crypto, the Bitcoin price stayed stable, only to then begin growing to hit 1% gains Friday. 

Negative or not, for proponents, the event marked a psychological milestone for Bitcoin, as Trump had previously held off from mentioning it in public. 

The fact that he felt the need to bash Bitcoin publicly feeds the narrative that it is both independent of global powers and unable to be crushed by them, Coinbase CEO Brian Armstrongstated, leading the responses.

“Achievement unlocked! I dreamt about a sitting U.S. president needing to respond to growing cryptocurrency usage years ago. ‘First they ignore you, then they laugh at you, then they fight you, then you win.’ We just made it to step 3 y'all,” he tweeted.

Armstrong exemplified the buoyant mood among Bitcoiners. Others likewise thanked Trump for the free publicity, noting a surge in interest documented by Google Trends, while the president being wrong in his opinion also became a talking point on social media. 

Precious Metals Market Update - Tom Cloud (7/10/19)

Where the American Dream Goes to Die”: Changes in House Prices, Rents, and Incomes since 1960 by Region & Metro

How out-of-whack is the discrepancy in growth between incomes, rents, and house prices?

The “San Francisco Housing Crisis,” as it’s called on a daily basis, is an extreme. But housing costs in major urban areas in the US have been eating up more and more of household incomes, as house prices and rents have soared and as incomes have crept up painfully slowly. In many cities, not just San Francisco, this condition is now called a “housing crisis” where families with median incomes can no longer afford to rent or buy adequate housing, or where too much of their income is spent on housing, with not enough left over for other things. They have no savings, they barely make it to the next paycheck, and they can’t help the local economy because housing saps their spending power.

Just how out-of-whack this discrepancy between income versus rents and house prices has become over the years is depicted in a new study with long-term charts, released by the research department of Clever Real Estate. Based on Census data going back to 1960 for median household incomes, median gross rents per month, and median house prices, all adjusted for inflation, it shows that nationally, incomes since 1960 have risen just 16%, while rents have risen 72%, and house prices have soared 121%:

Avoid These 7 Common Estate Planning Mistakes!

The 14 Digits Powering Gold’s Rise

Gold soared past $1,400 per ounce last week, hitting a high of $1,439 per ounce.

I’ve discovered an interesting angle in the gold markets that hasn’t gotten a lot of fanfare.

But I think it’s a cause for the price of gold appreciating.

What’s Making the Gold Price Go Up?

$13,049,718,112,256.

What’s that number you ask? That’s $13 TRILLION and change.

That’s the total amount of debt in the world that currently has a negative yield.

And it just hit a new high.

What is Negative Yield and Why Does It Matter?

Yield refers to the interest rate paid on a bond.

The higher the yield, the more interest paid to the bondholder.

Lower yields equal less interest paid. And when it’s negative, it means investors are actually paying the bond issuer rather than vice versa. It’s a bizarre phenomenon but it’s become a major global issue.

Episode 110: The Secret Warning Signs Lurking in the Stock Market

Investors Should Consider Miners During the Gold Rally

By E.B. Tucker July 12, 2019

Gold is up 11% over the last two months.

While that might not seem like much, it’s signaling the start of a new bull market.

As the chart below shows, the gold price moved higher quickly. And it just broke out of a key level it hasn’t hit since 2013…

In the latest issue of my Strategic Investor newsletter, we said we expected a huge rally. We pointed out that we couldn’t find one fund manager positive on gold.

Now, we can’t find one who thinks the $141 run in the gold price is real. That tells us there’s more to come.

You see, at the beginning of a new bull market, even the most loyal industry veterans don’t trust higher prices. At the end of a bull market, every fool tells you there’s more to come.

There’s more to this new bull market in gold than lines on a chart. The three largest central banks in the developed world declared they’ll do anything to stimulate their economies. That’s central bank lingo for “creating more money.”

Keep in mind, the Federal Reserve’s balance sheet was $800 billion before the 2008 crisis. It rose more than fivefold to $4.5 trillion by the end of 2014.

The Fed promised to “normalize” its involvement in the U.S. economy. After reducing its bloated balance sheet by a mere 15%, it cried uncle, promising to reverse course.

Following the Gold and Money with Jerry Robinson #4405

How to Profit From the Next Credit Collapse

If you follow the investing world, you likely know all about Marty Fridson...

He's one of the most respected researchers and authors in the field of high-yield (or "junk") debt. Today, he is the chief investment officer at investment-advisory firm Lehmann, Livian, Fridson Advisors.

And each year, he hosts the High Yield Bond Conference in New York...

As you might expect from its name, during the two-day conference, speakers share their research and opinions on topics related to high-yield debt. The event is a great way to "take the pulse" of insiders in the bond market, while keeping up with the latest research.

That's why I made the trip in June...

Overall, the tone at the conference was surprisingly optimistic. Most of the speakers – including Fridson – don't think the junk-bond market is as dangerous as the mainstream media suggests. They don't believe the next recession and correction in the credit markets will be nearly as bad as the last one. And they don't think it'll happen within the next year.

Expert predicts outcome of Trump’s Section 232 uranium decision

Happy Fourth of July! I hope you’re relaxing and having a cold one with family and friends.

Amir Adnani, CEO of Uranium Energy and chairman of GoldMining, joins me today to talk uranium and gold [13:41]. 

You may be aware that President Trump will make his decision on Section 232 by July 15. This is a major petition that could force utility companies to buy uranium from U.S.-based producers… And Amir gives his prediction on what Trump will do.

Next… the yellow metal has been on a tear, breaking through the $1,400 level for the first time in six years. Amir breaks down the gold markets… where gold is going… and how he’s positioning GoldMining to be one of the biggest beneficiaries.

On a final note… I recently flew back to Florida from New York and, well, it didn’t go as planned… 

Get ready for a classic rant.