VANCOUVER, British Columbia, July 28, 2020 (GLOBE NEWSWIRE) - Calibre Mining Corp. ("Calibre" or the "Company") (TSX: CXB; OTCQX: CXBMF) is pleased to announce that the Company has been granted the key environmental permit for the development and production of Pavon Norte from the Ministry of the Environment and Natural Resources in Nicaragua.Russell Ball, Chief Executive Officer of Calibre st...Read More
By Avi GilburtFor many years, I have noted to the members of Elliottwavetrader that I have not been a fan of banks. In fact, they are on my list of stocks that I intend on shorting once we move towards the 2023 time frame.But, while many are focused upon the upside potential in various banks in the coming 2-3 years, I have been quite concerned about the goals of many of these banks, based upon s...Read More
By: Ira EpsteinGold is in a historic moment. This market has not have had a lower-low day in this breakout, not allowing people in. SIXTH-day in a row over the Bollinger band now:Read More
Jul 29, 2020 Guest(s): Mike McGlone The Federal Reserve has pumped trillions of dollars to stabilize the U.S. economy and financial markets devastated by the COVID-19 pandemic. With that trend expected to continue for the foreseeable future, one market strategist said the best way not to fight the central bank is by investing in precious metals.In an interview with Kitco News Mike McGlone, seni...Read More
The gold price made a new all-time nominal high today at $1,945 per ounce. This move should not come as a surprise to anyone paying attention to the current financial landscape. The FED has injected an unprecedented amount of new money/debt into the economy since March in efforts to avoid a collapse from the impact of the Covid-19 virus and subsequent restrictions of business activity globally. Ov...Read More
As shown in the graph below, the firsthalf of 2020 produced an unusual change in the relationship between goldprices, stock prices and recessions, something that has only happened twicebefore in the last fifty years. Each of the two previous times this hasoccurred after a long run up in stock prices, it has been part of acyclical change to a cycle favoring gold over stocks for a decade or morether...Read More
During the bull market years between 2000 and 2011 the US dollar and currencies played a key role in the PM complex bull market. Tonight I would like to go back and visit some of these old charts and see how they pertain to our current bull market.Lets start with a simple GOLD:USD ratio chart that goes back to the 2011 all time high in gold. The bottom for the ratio came in toward the end of 2015...Read More
The gold price made a new all-time nominal high today at $1,945 per ounce. This move should not come as a surprise to anyone paying attention to the current financial landscape. The FED has injected an unprecedented amount of new money/debt into the economy since March in efforts to avoid a collapse from the impact of the Covid-19 virus and subsequent restrictions of business activity globally. Ov...Read More
As shown in the graph below, the firsthalf of 2020 produced an unusual change in the relationship between goldprices, stock prices and recessions, something that has only happened twicebefore in the last fifty years. Each of the two previous times this hasoccurred after a long run up in stock prices, it has been part of acyclical change to a cycle favoring gold over stocks for a decade or morether...Read More
During the bull market years between 2000 and 2011 the US dollar and currencies played a key role in the PM complex bull market. Tonight I would like to go back and visit some of these old charts and see how they pertain to our current bull market.Lets start with a simple GOLD:USD ratio chart that goes back to the 2011 all time high in gold. The bottom for the ratio came in toward the end of 2015...Read More
The gold price made a new all-time nominal high today at $1,945 per ounce. This move should not come as a surprise to anyone paying attention to the current financial landscape. The FED has injected an unprecedented amount of new money/debt into the economy since March in efforts to avoid a collapse from the impact of the Covid-19 virus and subsequent restrictions of business activity globally. Ov...Read More
As shown in the graph below, the firsthalf of 2020 produced an unusual change in the relationship between goldprices, stock prices and recessions, something that has only happened twicebefore in the last fifty years. Each of the two previous times this hasoccurred after a long run up in stock prices, it has been part of acyclical change to a cycle favoring gold over stocks for a decade or morether...Read More
During the bull market years between 2000 and 2011 the US dollar and currencies played a key role in the PM complex bull market. Tonight I would like to go back and visit some of these old charts and see how they pertain to our current bull market.Lets start with a simple GOLD:USD ratio chart that goes back to the 2011 all time high in gold. The bottom for the ratio came in toward the end of 2015...Read More
LONDON, 28 July 2020 - Comment from BullionVault features today in a report on 2020's surge in demand for physical gold storage from today's New York Times.Investors face "a multitude of options," says the 3-page report, "from burying in the backyard to posh steel-lined vaults." Read the NYTimes story in today's edition or online here:Where Is All That Gold Being Stored? 2020-07-28 15:01:06 Read More
LONDON, 28 July 2020 - BullionVault director of research Adrian Ash was a guest today on Sky News' flagship lunchtime business show.Explaining what is driving the gold price to new all-time highs, Adrian also discusses the surge in physical bullion trading during the Covid Crisis so far, plus the outlook for gold-mining shares and output.Watch the full 5-minute interview with Sky News' anchor Ian...Read More
Daniel R. Amerman, CFAAs shown in the graph below, the first half of 2020 produced an unusual change in the relationship between gold prices, stock prices and recessions, something that has only happened twice before in the last fifty years. Each of the two previous times this has occurred after a long run up in stock prices, it has been part of a cyclical change to a cycle favoring gold over st...Read More
Mark O'Byrne, GoldCore? + Gold prices have surged through the all time record nominal high of $1,915/oz in 2011 to over $1,942/oz today due to concerns about the outlook for stocks, bonds and other assets amid a very vulnerable U.S. and global economy.? + Gold has surged to new record highs in all major currencies today including new record highs in British pounds at ?1,514/oz and in euros at EU...Read More
By: Gary SavageThis phase usually will last 5-10 days. Key USDX technicals:https://blog.smartmoneytrackerpremium.com/Read More
"Gold is the arch enemy of fiat currencies. . . . You can just use your common sense and see we have a big, big problem out there, and capital is going to need a place to hide. Gold and silver are the only money that do not have any liability. Bill Holter is currently a writer for Miles Franklin and Jim Sinclair's Mineset where he posts weekly commentaries on gold and financial markets. Prior to j...Read More