Archives for January 2018

January 2018 - Page 2 of 20 - Money Morning - Only the News You Can Profit From

Price of Silver Today Rallies and Is Poised to Soar in 2018

The price of silver today (Tuesday, Jan. 30) is up 0.76%, to $17.40, in morning trading. And I see plenty of bullish momentum ahead for silver prices in 2018.

After exploding higher last week, the price of silver returned to mild consolidation mode on a mild dollar bounceback.

But silver is still in the very early innings of a return to bull market action, one that's sure to see the precious metal's price soar to unimaginable levels.

Dow Jones Today Sinks Further as CBOE Volatility Index Pops 30%

The Dow Jones today slips for the second day this week as investor uncertainty rises ahead of a major week of events for the stock market.

Dow futures are down 248 points this morning as the CBOE Volatility Index (VIX) reaches its highest level since Q4 2016. The VIX provides the market's volatility implied by S&P 500 stock options. It's referred to as the stock market "fear gauge".

However there's no need to panic, healthy stock rallies require pullbacks.

Here's a look at today's most important market events and stocks, plus a look at today's economic calendar...

Why Now Is the Perfect Time for Central Bankers to Pull Something Stupid

The media didn't pay very close attention to the World Economic Forum in Davos, Switzerland, last week. Aside from coverage of the copious amounts of snow and the quick left spin on U.S. President Donald Trump's reception by the global elite, no one was really watching the gathering of billionaires and politicians there in the Alps.

They should have. The attendees are the One Percent and the people who worked to make 'em (and keep 'em) that way. These folks can money-whip the world in any direction they want it to go.

I'm not saying it's right; I'm not saying it's fair… but it's the reality. No investor can afford to go unaware of what these folks are doing.

I mean, I'm a skeptic, and not a believer in those weird "Illuminati" or "Trilateral Commission" conspiracy theories, but the Davos crowd comes pretty close.

They can raise and destroy markets, create or eliminate jobs – entire industries, even – and make or break just about every politician in the world.

The headlines from this gathering of gatherings, what few there were, were almost uniformly bright. Trump declared America "open for business," and the sentiment was well-received by the global honchos listening in.

And that's what's got me worried...