Demand for physical delivery through the COMEX futures market continues, and this has significant implications for the future of the current fractional reserve and digital derivative pricing scheme.It's now mid-summer and the July COMEX contracts have moved into their delivery phase. The numbers are as amazing as they are historic, thus this updated summary is necessary today.Back in late March,...Read More
Dave KranzlerThe precious metals sector - gold, silver and mining stocks - is in the early stages of a rabid bull market. The mainstream media has been dead silent on the performance of the precious metals, which is not a surprise to those of us who have been involved in the sector since 2001, when gold bottomed at $250, silver was around $4 and the HUI index was at 45.Since September 2018, go...Read More
Bill Murphy, co-founder of the Gold Anti-Trust Action Committee (GATA.org,) returns to Liberty and Finance / Reluctant Preppers to answer viewers questions on the metals markets and what we must do to get positioned ahead of the next major move for Gold & Silver. Get your Free Two Week Trial Subscription to Bill Murphy's Daily Gold and PM Markets commentary at https://www.lemetropolecafe.com.Read More
Stewart Thomson, Graceland Updates 1. Investors ignore cycles... at their peril. When I calmly suggested that a key virus cycle year of 2020 would see a "carpet bombing" of markets, most investors were not listening to the cyclical message of the markets.2. Sadly, they were wasting time watching the government try to rebuild the American empire with Fed photocopiers, FATCA...Read More
Jordan Roy-Byrne CMT, MFTA Gold has broken out from a two-month-long consolidation (from $1680 to $1770), but the other precious metals markets have not confirmed Gold's strength.The gold stocks (GDX, GDXJ) remain below their May highs while Silver remains below significant, multi-year resistance around $18.75. Silver closed Monday at $18.06.Furthermore, Gold, when priced against foreign currenc...Read More
Bob Moriarty ArchivesJul 1, 2020In February when I was writing about Irving I put in some pictures of rocks from Irving that Quinton sent me. I polished them and had a jeweler friend make buckles out of them.(Click on images to enlarge)I did the polishing. Maurice put up the gold. I am way too cheap to be buying gold buckles for him.I’ve known Quinton for over a dozen years now. He’s s...Read More
Stefan Gleason, Money Metals ExchangeAs third quarter trading kicks off following a tumultuous first half of the year, investors are hoping for an auspicious July.Both stocks and precious metals posted impressive advances in the second quarter. The S&P 500 finished the April-June period with a gain of nearly 20%, its best quarterly performance since 1998. The Dow Jones Industrials, meanwhile, po...Read More
By: Jan Nieuwenhuijs, Voima GoldAn interview with the gentlemen behind the website "WTF Happened in 1971?" The last remnants of the gold standard were abandoned in August 1971, when President of the United States Richard Nixon decided to close the gold window (foreigners couldn't redeem dollars for gold at the Treasury anymore). From 1945 until 1971, the U.S. dollar was backed by gold, and serv...Read More
I've been wondering what might provide the catalyst to push the Dow above 30,000, and this may be it, from Bloomberg: "A strain of virus spreading in Chinese pigs has shown it can also infect humans, with researchers suggesting that another pathogen with pandemic potential waits in the wings behind Covid-19." There's no telling how much stimulus we'd see if a new virus takes wing before we've...Read More
Industrial metal demand and energies demand will be much higher than the second quarter. World will never be in lockdown mode for the rest of the year. Cities, localities, districts may be locked down but never a nation. Demand for metals and energies will be there. Pace of demand will vary each month in every nation. Human have to live with COVID. Wearing mask and other precautions need to be t...Read More
In conversation with Maurice Jackson of Proven and Probable, the president and CEO of Riverside Resources describes his company's option agreement with Hochschild Mining and plans to move the Los Cuarentas Gold-Silver Project forward. Maurice: Today, we're going to highlight Riverside Resources Inc. (RRI:TSX.V; RVSDF:OTCQB), a project generator that just consummated a definitive option agreement...Read More
Peter Epstein of the Epstein Report interviews Brad Rourke, CEO of Scottie Resources, a 'rising star' working in the prolific Golden Triangle. Scottie Gold MineThe Golden Triangle (GT) of northwestern British Columbia has been one of the best performing mining districts for precious and base metals juniors. Of roughly 30 names I'm tracking, as of the close on June 30, the Top 3 are up an average...Read More
Gold miners’ stocksrocketed out of mid-March’s stock panic, breaking out to major new bull-markethighs in mid-May. Such blisteringly-fastgains, and gold stocks’ upleg stalling out since, have left many tradersnervous about this sector. Calls for aserious selloff are mounting. But arguingin favor for more near-term gains to come, gold stocks never grew overvalued...Read More
During the coronavirus crisis many people couldn’t find physical gold, as there was a bullion shortage at dealerships. And these lucky individuals who managed to obtain bullion had to pay high premiums. We invite you to read our today’s article about the high premiums in physical gold market during the pandemic and find out whether they were indicated scam or supply crisis.Gold is expe...Read More
Stefan Gleason, Money Metals ExchangeAs third quarter trading kicks off following a tumultuous first half of the year, investors are hoping for an auspicious July.Both stocks and precious metals posted impressive advances in the second quarter. The S&P 500 finished the April-June period with a gain of nearly 20%, its best quarterly performance since 1998. The Dow Jones Industrials, meanwhile, po...Read More
By: Jan Nieuwenhuijs, Voima GoldAn interview with the gentlemen behind the website "WTF Happened in 1971?" The last remnants of the gold standard were abandoned in August 1971, when President of the United States Richard Nixon decided to close the gold window (foreigners couldn't redeem dollars for gold at the Treasury anymore). From 1945 until 1971, the U.S. dollar was backed by gold, and serv...Read More
I've been wondering what might provide the catalyst to push the Dow above 30,000, and this may be it, from Bloomberg: "A strain of virus spreading in Chinese pigs has shown it can also infect humans, with researchers suggesting that another pathogen with pandemic potential waits in the wings behind Covid-19." There's no telling how much stimulus we'd see if a new virus takes wing before we've...Read More
Industrial metal demand and energies demand will be much higher than the second quarter. World will never be in lockdown mode for the rest of the year. Cities, localities, districts may be locked down but never a nation. Demand for metals and energies will be there. Pace of demand will vary each month in every nation. Human have to live with COVID. Wearing mask and other precautions need to be t...Read More
Gold miners’ stocksrocketed out of mid-March’s stock panic, breaking out to major new bull-markethighs in mid-May. Such blisteringly-fastgains, and gold stocks’ upleg stalling out since, have left many tradersnervous about this sector. Calls for aserious selloff are mounting. But arguingin favor for more near-term gains to come, gold stocks never grew overvalued...Read More
During the coronavirus crisis many people couldn’t find physical gold, as there was a bullion shortage at dealerships. And these lucky individuals who managed to obtain bullion had to pay high premiums. We invite you to read our today’s article about the high premiums in physical gold market during the pandemic and find out whether they were indicated scam or supply crisis.Gold is expe...Read More