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
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More
For years we have heard about the manipulative short position that the bullion banks hold on gold and silver. And while some have wondered if it will ever end, keep in mind that when these banks are short, they're losing money when the price goes up. Which certainly appeared to be the case this past week, and Dave Kranzler of Investment Research Dynamics joined me on the show to explain what happe...Read More
Tom welcomes Chris, the founder of Technical Traders Ltd., back to the program. Chris discusses the enormous short position on silver and why it will take awhile to unwind.Time Stamp References:0:40 - Shorts are starting to sweat.2:25 - Silver technicals.6:25 - Timeline for targets.9:36 - Exposure and volatility.11:25 - US Fiscal cliff and the dollar.13:30 - Gold and Silver in a general equity dro...Read More
The pair had removed their masks to eat, when a "random old lady" approached them, calling them "idiots" for not masking up, even though Continue...Read More
It seems like the era of diplomacy with China, at least so far as the administration is concerned, is over, with Pompeo saying that Continue...Read More
Jeffrey Gundlach says the stock market's parabolic move in the last couple of months reminds him of the days right before the Dot Com bust. Continue...Read More
Recessions are wealth destroyers and Millennials are now living through two of the worst recessions in the last 100 years.Continue...Read More
These five charts illustrate trends in important industries that help track reopening progress in the U.S.Continue...Read More
A considerable share of the American population has some form of underlying health issue, which, as Statista's Niall McCarthy details below, places them at risk from severe forms of the virus. Continue...Read More
"They are clearly adversaries, and I think we have to take that into account every time they seek to buy something."Continue...Read More
Bob Moriarty ArchivesJul 27, 2020I put outa short update on a few favorite companies on my site on Friday. That turned out to be excellent timing as Lion One released assay results on Friday as well. The numbers were off the chart.Hole TUDDH500 reported 12.7 meters of 46.14 g/t gold. In the text above the numbers it shows 7 meters but if you look at the interval it indicates 12.7 meters. That seem...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
By: Robert LambourneThe gold swaps and derivatives position of the Bank for International Settlements, which reached a three-year high in May, fell slightly in June, according to the bank's statement of accounts for the month:https://www.bis.org/banking/balsheet/statofacc200630.pdfThe BIS, which acts as a broker for many central banks, is estimated to have reduced its position in gold swaps and...Read More
Rambus/PlungerDuring 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...Read More
If Trump wins in November, it is foreseeable that his many enemies will ratchet up their hatred for him to even more destructive extremes. A bloody civil war would become likely, escalating an already violent cultural battle to a new threshold. How this might impact our schools, workplaces and neighborhoods is unpredictable even if the tactical outcome is not. The red states, wide-open spaces wh...Read More