Investment manias are nothing new on Wall Street, but this time the heavy betting is on the mania itself. Speculating on volatility is the latest fad, and it is metastasizing so quickly that in just two short months wagers that the stock market will grow even crazier have become the actual cause of its craziness. The bets mainly involve derivatives, including options and ETFs that are ti...Read More
Steve St. Angelo, SRSrocco Report The U.S. Shale Oil Industry is in serious trouble, even without the negative impacts of the global contagion. While it's no secret that shale oil wells suffer high decline rates, what is taking place in the country's largest oil field is quite alarming. The rate at which shale oil production is declining in the Permian should worry investors. In just three...Read More
We are on the horns of a dilemma, caught between the Scylla and Charybdis, a rock and a hard place, the devil and the deep blue sea, the anvil and the hammer. The walls are closing in. We're in a tight spot.All those metaphors (I could list more but will spare you) fit the present economic situation (some are now calling the omni-crisis) and I think will also describe the 2020s.Thanks to forces...Read More
Watching out for sentiment extremes helps you avoid getting "caught up with the crowd"Simply put, a market sentiment extreme is a situation when most everyone has already taken a bullish or bearish position in a financial asset, leaving almost no one left to buy or sell.Silver provides an excellent case study.Let's briefly go back to April 18, 2011, when Elliott Wave International's U.S. Short Te...Read More
Technical analyst Clive Maund discusses the factors he sees weighing on precious metals in the near term.The precious metals sector is now set up for a correction that could be quite severe, which is evident on the charts, but also made more likely by the fundamentals where we see a return to "risk on" as a result of ongoing massive money injection by the Fed coupled with this being a seasonally w...Read More
Technical analyst Clive Maund discusses the factors he sees weighing on precious metals in the near term.The precious metals sector is now set up for a correction that could be quite severe, which is evident on the charts, but also made more likely by the fundamentals where we see a return to "risk on" as a result of ongoing massive money injection by the Fed coupled with this being a seasonally w...Read More
Adam HamiltonArchivesJun 12, 2020 Gold investment demand remains strong, buoying the yellow metal and its miners' stocks. Investors have continued actively diversifying into gold despite soaring stock markets and weaker summer seasonals. The Fed's extreme money printing fueling these precarious stock-market heights is perilously inflationary, making upping gold portfolio allocations essential. Thi...Read More
Lion One Metals is currently drilling with two rigs and surface sampling various high-priority targets. In a news release, Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) announced it recommenced surface sampling in the new Navilawa tenement and began diamond drilling at a "newly defined high-grade target called Biliwi," also located in the Navilawa tenement at its Tuvatu gold project on Fiji.The f...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort263,97255,35946,644110,115353,572420,731455,575Change from Prior Reporting Period -8,2242,1979,6371,461-11,7052,874129Traders19664785453283165 Small Speculators LongShortOpen Interest 54,93020,086475,661 -2,958-213-84 non reportable positionsChange from the previous reporting per...Read More
Gold investment demand remains strong, buoying the yellow metal and its miners' stocks. Investors have continued actively diversifying into gold despite soaring stock markets and weaker summer seasonals. The Fed's extreme money printing fueling these precarious stock-market heights is perilously inflationary, making upping gold portfolio allocations essential. This ongoing capital shift...Read More
By: Gary Savage$SPX well have some sort of re-test of the March's low. Gary Savagehttps://blog.smartmoneytrackerpremium.com/ Read More
By: Ira EpsteinGold is near some key resistance levels, where is the support if it fails to breakout?Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort263,97255,35946,644110,115353,572420,731455,575Change from Prior Reporting Period -8,2242,1979,6371,461-11,7052,874129Traders19664785453283165 Small Speculators LongShortOpen Interest 54,93020,086475,661 -2,958-213-84 non reportable positionsChange from the previous reporting per...Read More
Gold investment demand remains strong, buoying the yellow metal and its miners' stocks. Investors have continued actively diversifying into gold despite soaring stock markets and weaker summer seasonals. The Fed's extreme money printing fueling these precarious stock-market heights is perilously inflationary, making upping gold portfolio allocations essential. This ongoing capital shift...Read More
Gary TanashianBefore updating the status of the gold miner (HUI) correction, let's take a quick review of the Macrocosm, because it's always a good time to be clear on important macro considerations.The graphic makes the following points that are the foundation of the NFTRH view on the right/wrong times to be fundamentally bullish on the gold stock sector. In order of priority, a bullish view...Read More
By: Gary Savage$SPX well have some sort of re-test of the March's low. Gary Savagehttps://blog.smartmoneytrackerpremium.com/ Read More
Chris MarcusThe Federal Reserve held its latest policy meeting on Wednesday, and like usual, they basically said they're going to print an incredibly large amount of money until eternity.Fed chairman Jerome Powell said that he plans to leave interest rates at 0% until at least 2022, although he may as well have meant 3022. Because for the same reasons as has been the case for the past decade, If...Read More
By Robert LambourneGold market activity by the Bank for International Settlements appears to have risen in May to its highest level in more than three years, according to the bank's statement of account for the month:https://www.bis.org/banking/balsheet/statofacc200531.pdfThe data in the May statement indicates that the BIS increased its position in gold swaps and gold-related derivatives by 84...Read More
By: Ira EpsteinGold is near some key resistance levels, where is the support if it fails to breakout?Read More
The findings indicate the potential for Group Ten Metals to produce the rare platinum group element as a coproduct. Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) announced in a news release that various analyses confirmed potentially significant values of rhodium in multiple target areas at its Stillwater West platinum group elements (PGEs)-nickel-copper-cobalt project in Montana."Our...Read More