Author: Safe Haven

Permanent Market Support Operations

Permanent Market Support Operations By: Doug Noland – SafeHaven U.S. stocks posted the strongest week of gains since 2013 (would have been 2011 if not for late-day selling). The S&P500 surged 4.3%, and the Nasdaq Composite jumped 5.3%. The small cap Russell...

Global Synchronized Bond Collapse

Global Synchronized Bond Collapse by Michael Pento – SafeHaven We have all heard, in ad nauseam fashion, Wall Street’s current favorite mantra touting a global synchronized economic recovery. For the record, global GDP growth for 2017 was 3.7%, according to...

GDX $25 Breakout on Earnings

GDX $25 Breakout on Earnings by Adam Hamilton – SafeHaven The world’s leading gold-stock ETF is nearing a major upside breakout from key technical levels.  GDX is getting closer to challenging and powering above $25.  That would accelerate the sentiment...

Mania

Mania by Doug Noland – SafeHaven This might be the most fascinating market backdrop of my career. Not yet as dramatic as 1987, 1990, 1994, 1997, 1998, 1999, 2000, 2002, 2007, 2008, 2009 or 2012 – but, heck, we’re only...

A Phenomenal Year

A Phenomenal Year By: Doug Noland – Safe Haven 2017 was phenomenal in so many ways. The year will be remembered for a tumultuous first year of the Trump Presidency, the passage of major tax legislation and seemingly endless stock market records....

Epic Stimulus Overload

Epic Stimulus Overload by Doug Noland – SafeHaven Ten-year Treasury yields jumped 13 bps this week to 2.48%, the high going back to March. German bund yields rose 12 bps to 0.42%. U.S. equities have been reveling in tax reform...

Chronicling for Posterity

Chronicling for Posterity by Doug Noland – SafeHaven Janet Yellen’s Wednesday news conference was her final as Fed chair. Dr. Yellen has a long and distinguished career as an economist and public servant. Her four-year term at the helm of...

Gold Stocks’ Winter Rally 2

Gold Stocks’ Winter Rally 2 by Adam Hamilton – SafeHaven The gold miners’ stocks have largely ground sideways this year, consolidating their massive 2016 gains.  That lackluster trading action, along with vexing underperformance relative to gold, has left gold stocks...

Gold Under $1000 Is A Very Real Possibility

Gold Under $1000 Is A Very Real Possibility By: Kelsey Williams – Safe Haven TDC Note – Seriously? Is gold going to fall through the floor and then rise to new highs by 2020? Do you believe this is possible? With these criminals...

Lemmings in Full Gallup Towards Cliff

Lemmings in Full Gallup Towards Cliff by Michael Pento – SafeHaven It’s official…the stock market has broken above 23,000, and its valuations should now scare even the most mind-numbed carnival barker on Wall Street.  The forward 12-month PE ratio is...

Monetary Disorder

Monetary Disorder by Doug Noland – SafeHaven Global Credit, Bubble and market analysis is turning more interesting. China August Credit data were out Friday. Total (aggregate) Social Financing jumped to 1.48 TN yuan ($225bn), up from July’s 1.22 TN and...

Major Gold-Stock Breakouts

Major Gold-Stock Breakouts by Adam Hamilton – SafeHaven Major Gold-Stock Breakouts The gold stocks are off to the races again, with big gains mounting.  They just staged major breakouts, shattering a vexing consolidation that had trapped them for an entire...

Moscow’s Crypto-Conundrum

Moscow’s Crypto-Conundrum by Michael Kern – SafeHaven Russia has taken some conflicting stances in its adoption of cryptocurrencies. As Russian interest in cryptocurrencies spikes, the government is scrambling to figure out how to deal with it. Since 2014, the Russian government...