Jack ChanPosted Sep 28, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal. Short-term signals can last for days and weeks and are more suitable for traders.COT data favors overall lower gold prices.COT data favors overall lower silver prices.Our ratio gave a very timely SELL sig...Read More
Doug Casey successfully predicted the likelihood of an unconventional attack on the United States just months before the attacks on 9/11."An attack will soon come from outside American borders, in the form of war. But it won't be declared war in the conventional sense with ballistic missiles. When the attack comes, it will be delivered through a much cheaper, reliable and unexpected form such as a...Read More
Gold rallied more than 1% on Monday, bouncing back from last week's declines. Equities markets are also seeing gains.Gary Wagner, editor of TheGoldForecast.com, said that he prefers to buy into strength.Gary Wagner has been a technical market analyst for 25 years. A frequent contributor to STOCKS & COMMODITIES Magazine, he has also written for Futures Magazine as well as Barrons. He is the executi...Read More
Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at Salomon Smi...Read More
About a week ago BuzzFeed News supposedly broke a story about how large banks like HSBC Bank and Deutsche Bank have been knowingly laundering potentially trillions for drug cartels, organized crime and terrorist organizations for decades.Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education compan...Read More
Editor's note: After last week's health scare Dr. Paul is already back to work. The man is a true liberty warrior!The Centers for Disease Control have come out with a new estimate of the Covid infection fatality ratio and the numbers will shock you. No wonder the Florida governor has said "enough is enough" and decided to open his state up completely. We are told to trust the CDC, so why is the ma...Read More
We have been deceived by public health authorities about Covid, partly from public authorities' ignorance of the virus, its spread and treatment, but mainly on purpose. Continue...Read More
The precious metals sector is now confirmed to be in correction and consolidation mode. This started about a month and a half ago. In the big picture, these periods are choppy. My thinking could change but it appears to me the sector will consolidate for the remainder of this year. Maybe the larger consolidation will end around the holidays.Jordan Roy-Byrne, CMT is a Chartered Market Technician an...Read More
David Stockman is asked how important of a role he thinks the economy and a continued rally in the stock market will play in the outcome of the presidential election.Continue...Read More
During the FOMC's September press conference, Fed Head Jerome Powell managed to communicate three big lies in the space of an hour. The fact that bile spews from the mouth of a central banker isn'tContinue...Read More
Velocity is a useless, inconsistent measure of something that has morphed over time yet never had an independent existence of its own. Attempting to predict prices from velocity or velocity from prices is a fool's mission.Continue...Mike "Mish" Shedlock is a registered investment advisor and representative for Sitka Pacific Capital Management. His articles about the the economy and investing onlin...Read More
Coddled investors, not taxpayers, should step up to the plate and fund the "daily cash burn."Continue...Read More
"During the April-June 2020 period of the COVID-19 pandemic, the initial SARS-CoV-2 load steadily declined among hospitalized patients with a corresponding decrease in the percent of deaths over time," Continue...Read More
"Elon Musk, Joe Rogan and Ben Shapiro, to name just a few, are leaving California to escape incompetent governance. The "response" from Sacramento? Wealth and massive income tax increases on job creators Continue...Read More
There's an increasing level of fear both in the US and worldwide. The Fed was looking for the administration to get another fiscal package to help move things forward. Economic data has been relatively benign. In Europe there's fear of another Covid wave. Peter doesn't expect the economy to shut down and he doesn't expect the Congress to do anything either. So it's highly doubtful that another sti...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comSep 29, 2020 For a look at some important price action on the daily gold chart, please click here now. Double-click to enlarge this short-term gold chart. There’s a double bottom pattern in play, and it comes as the reaction reaches decent support. Please click here now. Double-cli...Read More
Peter Krauth presents his investment case for silver. Are you fearful, or are you getting greedy?That's the question silver investors should be asking themselves now.Novices have been panicking, while seasoned investors are salivating at the opportunities.Silver has recently corrected by almost 8$ or 36% since peaking in early August. The drop to $22 brought it to less than half its all-time high...Read More
Irving Resources has entered into a binding option agreement to acquire the mining license for the Yamagano mine located in southern Kyushu, Japan. In a news release, Vancouver-based Irving Resources Inc. (IRV:CSE; IRVRF:OTCBB) reported that it has "signed a binding option agreement with Shimadzu Ltd. to acquire the 5.2 sq km Yamagano mining license, site of extensive historic high-grade gold vei...Read More
RESEARCH HIGHLIGHTS:Uncertainty and cycle events will likely lead to continued Gold and Silver price appreciation until the cycle events end (likely in 2024 or 2025).The gold/silver ratio chart shows very clear levels of support and resistance. With the next targets $2,000-$2,250, $3,200 then $5,500+.Extended basing may continue for the next 2 to 4+ months.I have received many comments and questio...Read More
PRIVATE BLOG - Gold MinersPrivate blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More