CloseGain/LossGold $1266.20-$2.80Silver$15.03+$0.26XAU69.98-0.81%HUI159.81-1.23%GDM580.69-0.94%JSE Gold1359.59+42.78USD97.04+0.55Euro113.52-0.69Yen89.97-0.71Oil$46.22+$4.6910-Year2.770%+0.036T-Bond144.53125-0.90625Dow22878.45+4.98%Nasdaq6554.36+5.84%S&P2467.70+4.96% The Metals: Gold gained $10 to a new 6-month high at $1279.00 by late morning in New York before it sold of...Read More
COLORADO SPRINGS, CO, Dec. 26, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Gold Resource Corporation (NYSE American: GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for December 2018 payable on January 23, 2019 to shareholders of record as of January 11, 2019. Gold Resource Corporation is a gold and silver producer, developer and explorer with...Read More
By David HaggithUntil you got to this tax and spending deal a year ago, it was one of the most hated bull markets. The markets steadily climbed one wall of worry after another, and the problem was that the economic data did not confirm it.BloombergThat's right. The market was not rising for the past ten years due to a healthy underlying economy. On the contrary, the market was rising due to the...Read More
Dear Friend of GATA and Gold:Thanks to GATA's old friend, gold market analyst John Brimelow, publisher of Brimelow's Gold Jottings letter, for calling attention to Dennis Gartman's comments about GATA in today's edition of The Gartman Letter:"The major news over the weekend is from GATA, a group that in the past has found fault with The Gartman Letter on an all-too-regular basis over the years f...Read More
Miles Franklin sponsored this article by Gary Christenson.The economic world is always changing, but the 2018-2019 period will mark an important transition. Consider credit market debt, interest rates, stock indices, individual stocks, and several ratios.TOTAL CREDIT MARKET DEBT per the St. Louis Fed.That measure of U.S. debt increased exponentially from 1951 to 2007 at a rate of 8.8% per year....Read More
Listen to the Podcast Audio: Click HereMike Gleason: It is my privilege now to welcome in Frank Holmes, CEO and Chief Investment Officer at US Global Investors. Mr. Holmes has received various honors over the years, including being named America's best fund manager by the Mining Journal. He's also the co-author of the book The Goldwatcher: Demystifying Gold Investing and is a regular guest on CN...Read More
By Steve St. AngeloThe much awaited and hoped for Santa Claus Rally turned into a complete rout today as the broader markets continued to sell-off to new lows this month. The Dow Jones plunged a stunning 653 points today, the worst in the in the 122-year-old history of the index. Furthermore, the Dow is on track for its biggest December loss since the Great Depression.The Dow Jones was trad...Read More
California Governor Jerry Brown inherited a $27 billion deficit from Arnold Schwarzenegger eight years ago. This month he's leaving his successor a $13.8 billion surplus and a $14.5 billion rainy day fund balance. Pretty good right? Approximately 48 other governors would kill for those numbers. Unfortunately it's all a mirage. California, as home to Silicon Valley and Hollywood, lives and dies w...Read More
Graceland Updates By Stewart Thomson 1. Weary investors who endured the September and October stock market "crash season" felt they should be richly rewarded for their incredible patience... with a wondrous Santa Claus rally. 2. Please click here now. The traditional Santa Claus rally has morphed into a hideous Santa Claws mauling of millions of US stock market price chasers.3....Read More
It's hard to imagine AAPL not bouncing from the 145.66 target shown. (It was proffered here earlier as a minimum downside objective.) Monday's plunge came within 45 cents of this Hidden Pivot support during the holiday-shortened session close enough for us to infer that a bottom of at least short-term importance is in. If so, expect the stock to lead the broad averages higher when trading resu...Read More
CloseGain/LossGold $1266.20-$2.80Silver$15.03+$0.26XAU69.98-0.81%HUI159.81-1.23%GDM580.69-0.94%JSE Gold1359.59+42.78USD97.04+0.55Euro113.52-0.69Yen89.97-0.71Oil$46.22+$4.6910-Year2.770%+0.036T-Bond144.53125-0.90625Dow22878.45+4.98%Nasdaq6554.36+5.84%S&P2467.70+4.96% The Metals: Gold gained $10 to a new 6-month high at $1279.00 by late morning in New York before it sold of...Read More
I hope you had a wonderful Christmas. And I hope you got the chance to look at that potentially life-changing video... though if you didn't don't worry. I made sure to get you some extra time, just click here to take a look before it comes down tonight!After that, let's back to the story.What's Your Game?If you didn't already know, rugby is one of the most physically demanding sports there is, far...Read More
As I mentioned in my post on lessons investors learned in 2018, most investors will want to forget 2018. However, the turmoil we are experiencing now across markets could Continue...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
In my video update on Friday, I outlined three strong support levels for the broad markets. For the S&P 500, the support was 2,430. For the Dow is was 22,275. And for the Nasdaq it was 6,300.Continue...Read More
An iA Securities report notes the early results from this Canadian mine indicate gold grades could increase. In a Dec. 19 research note, analyst George Topping reported that preliminary bulk sampling results from Osisko Mining Inc. (OSK:TSX) Windfall project demonstrate a "39% positive reconciliation in grade." Findings are from 2,078 tons of ore obtained from block 114 in zone 27 at the Quebec p...Read More
Money manager Adrian Day explains why he believes investors should sell this stock before the end of the year. Our somewhat aggressive limit to sell Nevsun Resources Ltd. (NSU, NY, 4.38-4.39) has not filled. Given the looming deadline, we now have a choice. Sell shares in the market now, with a limit of $4.39. Given the currency conversion fee charged by most brokerages, this is essentially the C...Read More
This is the enemy's pla, and thus far they are carrying it out with almost no resistance whatsoever. Will we wake up and realize what's happening before it's too late?Continue...Read More
"The slowdown in US economy seen since the start of 2018 and it is visible in the performance of US bonds", says Marc Faber, Editor & Publisher of "The Gloom, Boom & Doom Report". He adds weak oil prices, signal economic slowdown/ recession.*This interview was recorded on 12/26/18Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 197...Read More
LONDON, 26 December 2018 - BullionVault is named today as a simple, safe way to invest in gold by leading UK broadsheet The Telegraph's online finance pages."Typically investors buy gold at times of market stress," says the paper's report. "[But] it does not pay an income, [so] investors are dependent on the price moving to make a real return."Looking at gold-backed ETF trust fund structures as we...Read More