David HaggithSince hindsight is 2020, I thought it might be useful now that we are far past the time in 2018 when I called the fall of the US housing market to assess where its journey went during the year and a half that has gone by before I venture a housing market prediction for 2020.There is no sense going further if I got that wrong.To lead off, new housing sales have finally recovered fr...Read More
The gold miners' stocks are wavering, frustrating traders. For the better part of a half-year, this sector has neither broken out nor broken down. Instead it has mostly ground sideways since the last upleg's peak. Gold stocks being mired in a consolidation so long, even a relatively-high one, is steadily eroding bullish sentiment. That ups the odds it will roll over into a correction,...Read More
By: Ira EpsteinMartin Luther King holiday Monday -- confusing rules on trading.Three big events this week: US/China Trade Deal, USMCA approved, Senate Impeachment.Gold's weekly chart close shows the best level we have had. 18-week moving average now just under $1,500. Gold technical update..Read More
Disappearing StuffSaved LivesUnlocking the DoorA Better World, by the NumbersMiami and New YorkWe haven't had a lot of good news lately. Or, more precisely, we haven't seen a lot of good news lately, though it does exist. We don't see it because both regular media and social media usually focus on the bad.That's not entirely wrong. The survival imperative makes humans watch for threats, and so...Read More
- Gary Tanashian, NFTRHThe Nasdaq bubble popped in 2000 after motoring upward on increasing volume in two separate phases. Volume rammed upward and RSI diverged. Like shootin' fish in a barrel it was, except that at the time I was too inexperienced to see it. It was a steep slope and blow out.The 2006 bubble in copper made a consolidation and a steep slope and blow out of its own with a little...Read More
David HaggithSince hindsight is 2020, I thought it might be useful now that we are far past the time in 2018 when I called the fall of the US housing market to assess where its journey went during the year and a half that has gone by before I venture a housing market prediction for 2020.There is no sense going further if I got that wrong.To lead off, new housing sales have finally recovered fr...Read More
The gold miners' stocks are wavering, frustrating traders. For the better part of a half-year, this sector has neither broken out nor broken down. Instead it has mostly ground sideways since the last upleg's peak. Gold stocks being mired in a consolidation so long, even a relatively-high one, is steadily eroding bullish sentiment. That ups the odds it will roll over into a correction,...Read More
By: Ira EpsteinMartin Luther King holiday Monday -- confusing rules on trading.Three big events this week: US/China Trade Deal, USMCA approved, Senate Impeachment.Gold's weekly chart close shows the best level we have had. 18-week moving average now just under $1,500. Gold technical update..Read More
Disappearing StuffSaved LivesUnlocking the DoorA Better World, by the NumbersMiami and New YorkWe haven't had a lot of good news lately. Or, more precisely, we haven't seen a lot of good news lately, though it does exist. We don't see it because both regular media and social media usually focus on the bad.That's not entirely wrong. The survival imperative makes humans watch for threats, and so...Read More
Bob Moriarty of 321gold explains why he has invested in this silver explorer with a project in Colorado. Metals other than gold have finally gotten their wake-up 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...Read More
Some basic logic must come to the table inthe Gold pricing mechanism. The easiest way to keep the Gold price down is NOTTO USE IT IN TRADE, NOR IN BANKING RESERVES, and to relegate it to thesidelines as the barbaric metal. Some deep amusement comes always in hearingthat Gold does not have value, does not earn a yield, and has no uses. Watchingthe destruction in bond principal value leads the obser...Read More
PRIVATE BLOG - Gold & the ECMPrivate blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
PRIVATE BLOG - Palladium & the ECMPrivate blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
Adam HamiltonArchivesJan 17, 2020 The gold miners' stocks are wavering, frustrating traders. For the better part of a half-year, this sector has neither broken out nor broken down. Instead it has mostly ground sideways since the last upleg's peak. Gold stocks being mired in a consolidation so long, even a relatively-high one, is steadily eroding bullish sentiment. That ups the odds it will roll ov...Read More
The current program at the British Columbia property has only "scratched the surface." Dunnedin Ventures Inc. (DVI:TSX.V) hit a new discovery on drilling at its MPD copper-gold porphyry project in southern British Columbia, the company announced in a news release. The company intersected the new discovery, the Gate zone, through drill hole MPD-19-003. Gate "underlies a large copper-in-soil anomal...Read More
Both targets being reported demonstrate upside potential of the asset. Roxgold Inc. (ROXG:TSX) reported in a news release the latest drill results from its S?gu?la gold project in C?te d'Ivoire, which were of high grade."We are very encouraged by the latest S?gu?la assay results, which illustrate the upside potential of this project," President and CEO John Dorward said in the release. "The Ancie...Read More
The gold miners’ stocksare wavering, frustrating traders. Forthe better part of a half-year, this sector has neither broken out nor brokendown. Instead it has mostly groundsideways since the last upleg’s peak. Gold stocks being mired in a consolidation so long, even arelatively-high one, is steadily eroding bullish sentiment. That ups the odds it will roll over i...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 376,80957,574137,119221,358571,177735,286765,870 Change from Prior Reporting Period -6,671-3,615-2,24418,90612,6449,9916,785 Traders 22466835759312181 Small Speculators LongShortOpen Interest 61,59731,013796,883 1,0354,24111,026 non reportable positionsCh...Read More
Wall Street's "fear gauge" logged its lowest close in over a monthThe Dow eked out a wintoday and capped off a perfect week with a fresh record high. As it's done all week, upbeat economic data and corporate earnings fueled today's gains, with oil stock Schlumberger (SLB) the most recent example of the latter. The S&P 500 and Nasdaq both finished higher as well, and all three benchmarks secured so...Read More
Traders were greeted with some M&A buzz, tooStocks spent most of the week grinding to fresh highs, while investors monitored the first round of corporate earnings, headlined by the big banks. Of course, the real tailwind for equities came from the signing of the "phase one" U.S.-China trade deal, with the Dow Jones Industrial Average (DJI) last seen pacing for a perfect week, set for a fifth strai...Read More