Precious metals expert Michael Ballanger discusses the broad markets, Fed action and precious metals. Unarguably, the finest piece of work that I have ever seen on the state of the global financial world ever is the one recently created and presented by Grant Williams of RealVisionTVentitled "Cry Wolf." I was watching it last evening for the fifth time with my better half (who was watching it for...Read More
The precious metals complex has enjoyed a nice run in recent months. GDX has gained 25% since the September lows while GDXJ has gained 22% since its November low. Gold has rallied over $100/oz since its October low and Silver has surged in recent weeks. The Gold community is getting excited again. They think the equity market is doomed and Gold has started a real bull run. That may be true but in...Read More
As global jitters are escalating with economicuncertainty and market volatility, gold looks more attractive. But there’s abig difference between its short- and longer-term prospects.Those analysts who believe that fear has made a comeback arguethat gold is benefiting as equities slide and investors are increasinglyconcerned about the economic prospects of the U.S., China, Europe and Japan.Ye...Read More
Our research team has been nailing the markets moves with our proprietary price modeling tools. Our December 12, 2018 call that Natural Gas would collapse nearly 30% after reaching a price peak was a very bold call. Who would have thought that predictive price modeling could be so accurate and could identify a move like this – or call for what is expected to happen next?Back when...Read More
Courtesy of: Visual Capitalist Over the last five years, markets have pushed concerns about debt under the rug.While economic growth and record-low interest rates have made it easy to service existing government debt, it's also created a situation where government debt has grown in to over $63 trillion in absolute terms. The global economic tide can change fast, and in the event of a reces...Read More
By: Harris KuppermanFrom time to time, the investment world takes something as accepted wisdom and just runs with it. For whatever reason, investors seem convinced that the US Dollar is destined to go higher. I've heard lots of smart opinions why; interest rate differentials, GDP growth rate differentials, "The Dollar Milkshake Theory," "Prettiest Body in the Morgue" and the "Fear Trade." Over t...Read More
StrengthsThe best performing metal this week was platinum, up 4.05 percent, hitting a five-week high and puncturing through its 20-day moving average and is likely following gold to a higher relative valuation. Gold traders and analysts surveyed by Bloomberg have been bullish for eight consecutive weeks as the gold price heads toward $1,300 an ounce. As equity markets remain turbulent, gold is h...Read More
Jan. 4th, 2019 (S14-E677)Featured GuestsMichael Pento & Bob HoyeHappy New Year!Please Listen HereShow HighlightsMichael Pento, President and Founder of Pento Portfolio Strategies LLC returns to Goldseek.com Radio with comprehensive economic analysis.While his Autumn economic / market downturn came to pass as predicted on this show, market rallies may be merely selling opportunities.In...Read More
By: Keith WeinerOne of the most important problems in economics is: How do we know if an enterprise is creating or destroying wealth? The line between the two is objective, black and white. It should be clear that if business managers can't tell the difference between a wealth-creating or wealth-destroying activity, then our whole society will be miserably poor.Any manager will tell you that it'...Read More
By: Jordan Roy-Byrne CMT, MFTAThe precious metals complex has enjoyed a nice run in recent months.GDX has gained 25% since the September lows while GDXJ has gained 22% since its November low. Gold has rallied over $100/oz since its October low and Silver has surged in recent weeks.The Gold community is getting excited again. They think the equity market is doomed and Gold has started a real bull...Read More
The yen, whose behavior corresponds closely to gold's, began 2019 with a giant leap that slightly pierced the 0.94148 midpoint resistance of the pattern shown. This is bullish but would become still more so if the futures can close for two consecutive weeks above it. The 1.03755 target is already in play, but it would become a lead-pipe cinch to be achieved once the March contract is trading d...Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanChief Strategist, Enriched Investing Inc.Phone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.comTwitter: @Davcha12January 7, 2019"For last year's words belong to last year's languageAnd next year's words await another voice." T.S. Eliot, 1888-1965; essayist, publisher, poet, playwright, literary and social critic one...Read More
By: GoldSeek guest author, Richard Goldstein Gold is a T.A. dream right now, textbook fibs and formations:Read More
By John MauldinDangerous AddictionDisappearing LiquidityBlurry LinesDallas, Houston, San Francisco, Baltimore, DC, and Back to San JuanDouble, double, toil and trouble;Fire burn and cauldron bubble....By the pricking of my thumbs,Something wicked this way comes.- William Shakespeare, Macbeth, Act IV, Scene I, 1606Remember when it was a January ritual to fill in the new year on your blank checks?...Read More
Full Article: Gold Has Beaten the Market Over Multiple Time PeriodsBy: Frank HolmesGlobal uncertainty made gold a holiday winner for investors seeking a relatively safe haven. U.S. stocks just logged their worst year since 2008-their worst December since 1931-as fears over global trade, ballooning debt, the end of accommodative central bank policy and a U.S. government shutdown unsettled investor...Read More
The People's Bank of China announced that they have increased their gold holdings to 59.56 million ounces or about 1,853 metric tons, from 59.24 million ounces previously. This marks an increase of roughly 320,000 ounces or over $400m US. The official reserve numbers had been unchanged since about 130,000 ounces were added in October 2016.We believe this is just the start of China aggressively inc...Read More
A recent survey by the College Board revealed the budget for an in-state public college last year averaged $25,290.And a moderate budget at a private school last year averaged $50,900.Suppose you have three kids bound for college a decade from now. At the rate which college tuition costs are rising and tuition aid formulas changing, you're looking at spending, over the course of 4 years, close to...Read More
Jan 08, 2019 Guest(s): George Milling-Stanley State Street Global Advisors Risks for gold are skewed to the upside as the yellow metal has already seen its lows in 2018, said George Milling-Stanley, Head of Gold Strategy at State Street Global Advisors. "I think we've tested the downside a good deal in 2018, my guess is that what we'll do is test the overhead resistance during the course of 2019...Read More
Jan 07, 2019 Guest(s): Will Rhind CEO, GraniteShares Changes in monetary policy could really affect stock markets and increase volatility in equities in 2019, this according to Will Rhind, CEO of GraniteShares. "I think we can have quite a significant change if there's a rate rise in December. I think that really increase the likelihood of a stock market sell-off coming into next year. So, we've...Read More
An increasing number of Americans are OK with facial recognition technology, especially if it increases public safety, according to a new survey released earlier this week.Continue...Read More