NAIROBI, Jan 20 (Reuters) - The son of an Indian gold mineowner in Burkina Faso, who was kidnapped by unidentifiedassailants in 2018, has been released, his father said onMonday.Kimar Akoliya, whose father Akoliya Patel owns theGhana-based Balaji mining group, had set off for Burkina Faso'scapital, Ouagadougou, from the remote Inata mine with twocolleagues when they disappeared in September 2018.T...Read More
* Zinc breaks 200-day moving average * Historically low zinc inventories offer price support(Updates with closing prices)By Pratima DesaiLONDON, Jan 20 (Reuters) - Zinc prices rose to two-monthhighs on Monday after a break of key technical levels triggereda flurry of buying and as the market worried about historicallylow inventories.Benchmark zinc on the London Metal Exchange (LME)ended 0.6% up at...Read More
Jan 20, 2020 Guest(s): Conrad Black Financier, author, & columnist The influx of illegal immigrants has been the most "scandalous" event to hit U.S. politics, and since that flow of migrants has dwindled, lower income American families have seen increased incomes, this according to Conrad Black, author and media mogul. "The most scandalous event in the history of public policy in the United Stat...Read More
Jan 20, 2020 Guest(s): Patrick Ceresna Founder & Chief Derivative Market Strategist, Big Picture Trading Gold prices are on track for another rally into the $1,700 an ounce price range on the back of frothy equity markets, this according to Patrick Ceresa, founder and chief market derivatvies strategist at Big Picture Trading. "I feel that generally, the bull trend for gold is intact as long as...Read More
Bob Moriarty ArchivesJan 20, 2020Metals other than gold have finally gotten their wakeup call. Last week rhodium shot up to $7700 up from $575 three and a half years ago. Platinum broke $1000 to settle at $1027 and even silver was up.South Africa has gone the Zimbabwe route. They are murdering white farmers and set the price of electricity below the cost of production. Much to their great surprise...Read More
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 joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, including 12 years as a branch manager at A.G. Edwards. Later, he left Wall Street to avoid potential liabilities related to management of paper assets. Bil...Read More
An app called Clearview allows the user to snap a photo of anyone. Once that's done, the person who took your picture will have access to all of your information. Continue...Read More
Cato Institute Research Fellow Patrick Eddington recently filed several Freedom of Information Act (FOIA) requests to find out if the Federal Bureau of Investigation ever conducted surveillance of several organizations dealing with government policy, including my Campaign for Liberty. Based on the FBI's response, Campaign for Liberty and other organizations, including the Cato institute and the Re...Read More
"There's a lot of chatter within the Fed...about whether their inflation targets even make sense."Nomi Prins is an American author, journalist, and Senior Fellow at Demos. She has worked as a managing director at Goldman-Sachs and as a Senior Managing Director at Bear Stearns, as well as having worked as a senior strategist at Lehman Brothers and analyst at the Chase Manhattan Bank. Prins is known...Read More
Keep an eye on Europe. I do not see any way of avoiding this crisis. Politicians are too busy with other things. The free market will push rates higher andContinue...Read More
Mike "Mish" Shedlock is a registered investment advisor and representative for Sitka Pacific Capital Management. His articles about the the economy and investing online can be found at Mish Talk. Read More
Data shows hate crimes against Black people, Latinos, Jews and transgender people hit a 16-year high in 2018. Investigative journalist Ben Swann breaks down the trend as gun-rights activists rally against proposed gun legislation in Richmond, Virginia.Read More
Palladium has soared by more than 25% in the last two weeks alone, and almost doubled in value over the last 12 months.Continue...Read More
"While the drivers of recent performance are not entirely clear-cut, we believe the surge in geopolitical tensions may have Continue...Read More
Sector expert Michael Ballanger considers the last week in the stock and precious metals markets. Ever since Sept. 19, 2008, when Hammerin' Hank Paulson appeared in front of the U.S. Congress on bended knee and begged those clueless politicians for a bailout which he did successfully the spread of moral hazard throughout the world has been a contagion that makes the Bubonic plague appear as harml...Read More
Technical analyst Clive Maund looks at the charts and finds that gold may react back before continuing to climb. At first glance gold looks like it may be about to advance out of a bull Flag, but there are a number of factors in play that we will examine that suggest that any near-term advance won't get far before it turns and drops again, and that a longer period of consolidation and perhaps rea...Read More
Technical analyst Clive Maund charts silver and predicts a small drop in the price of the metal. If gold is looking set to react back over the short to medium term, which it does, then it implies that silver, which is weaker at this stage in the cycle, is set to react back too.On silver's latest 6-month chart we can see that the fairly tight pattern that has developed over the past several weeks,...Read More
Jan 21, 2020 Guest(s): Rick Rule President & CEO, Sprott U.S. Holdings With bond yields at historical lows, and even negative in some parts of the world, investors are navigating uncharted waters, and gold demand could see a surge, says Rick Rule, CEO of Sprott U.S. If you have mean reversion in terms of gold and gold-related equities, you will see between triple to quadruple demand in precious...Read More
Political changes from the U.S. presidential election in November could see gold prices soar, this according to Peter Schiff, CEO of Euro Pacific Capital."I think if Trump is not re-elected, if we get like, President Sanders, gold should go above $2,000 this year, and if it's not above $2,000 by election, it should be $2,000 election night once we get the results," Schiff told Kitco News on the si...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More