Three rockets struck the US embassy in Iraq's capital on Sunday in the first direct hit reported after months of near misses, as thousands of protesters continued to marchContinue...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJan 28, 2020The question most gold bugs are probably asking themselves right now is this: How high must gold bullion go before the gold stock ETFs stage their own key breakouts and rally alongside gold?The answer, quite simply, is:Higher than the price is today.Disappointment and surprise...Read More
Saturday marked the Chinese Lunar New Year, a time when as many as 400 million people ordinarily travel to visit family and go on vacation. Before the coronavirus struck, 3 billion trips were estimated to take place during the 16-day celebration, while some 79 million passengers were expected to take flights, up more than 8 percent from 73 million a year earlier. The new Daxing International Air...Read More
Stewart Thomson, Graceland Updates 1. The question most gold bugs are probably asking themselves right now is this: How high must gold bullion go before the gold stock ETFs stage their own key breakouts and rally alongside gold?2. The answer, quite simply, is: Higher than the price is today. Disappointment and surprise are part of investing. 3. So is diversification, a...Read More
By: Peter Schiff, Chief Global Strategist of Euro Pacific CapitalIn the decades that I have been listening to politicians clumsily trying to explain the economy there has never been a period, with the possible exception of the early Reagan years, in which major party leaders were able to present a solid grasp of economic principles. But I have never seen a time in which the levels of ignorance...Read More
Dave KranzlerThe mortgage regulators are stretching the removal of mortgage qualifications to the limit in an effort to keep the housing party going. The Consumer Financial Protection Bureau (CPFB) is recommending the removal of the DTI as a factor in qualified mortgage underwriting. Ironically, tighter mortgage finance regulations were the purpose for the formation of the CPFB in the first pl...Read More
Rob KirbyA very short preamble to what follows is this: Frank Veneroso did foundational work that led to the creation of GATA [Gold Anti-Trust Action]. Frank Veneroso's utterances in this regard originated from information fed to him back in the 1990's about gold lending and swapping via Central Banks and Bullion Banks by Bank of England gold head - Terry Smeeton. Bill Murphy had intimate...Read More
By: Ira EpsteinGold in a saucer-pattern. Swing-lines, bias is up as price remains above the 18-dma. Read More
Gold and silver fell yesterday (from the day's high) after USA opened as traders booked profit on long positions. Traders have started ignoring the corona virus and started focusing on other economic issues and political issues. FOMC meet tomorrow can have surprises in light of Chinese corona virus. Corona virus can have a very big impact on Chinese consumer spending in February. Industrial meta...Read More
Bob Moriarty of 321gold sits down with Maurice Jackson of Proven and Probable to discuss geopolitics, precious metal prices and precious metal stocks. Maurice Jackson: Joining us for our conversation is Bob Moriarty, a world-renowned bestselling author and founder of the websites 321gold and 321energy.com. For audience members, today we will hear from one of the most respected minds on the subjec...Read More
Saturday marked the Chinese Lunar New Year, a time when as many as 400 million people ordinarily travel to visit family and go on vacation. Before the coronavirus struck, 3 billion trips were estimated to take place during the 16-day celebration, while some 79 million passengers were expected to take flights, up more than 8 percent from 73 million a year earlier. The new Daxing International Air...Read More
Stewart Thomson, Graceland Updates 1. The question most gold bugs are probably asking themselves right now is this: How high must gold bullion go before the gold stock ETFs stage their own key breakouts and rally alongside gold?2. The answer, quite simply, is: Higher than the price is today. Disappointment and surprise are part of investing. 3. So is diversification, a...Read More
By: Peter Schiff, Chief Global Strategist of Euro Pacific CapitalIn the decades that I have been listening to politicians clumsily trying to explain the economy there has never been a period, with the possible exception of the early Reagan years, in which major party leaders were able to present a solid grasp of economic principles. But I have never seen a time in which the levels of ignorance...Read More
Dave KranzlerThe mortgage regulators are stretching the removal of mortgage qualifications to the limit in an effort to keep the housing party going. The Consumer Financial Protection Bureau (CPFB) is recommending the removal of the DTI as a factor in qualified mortgage underwriting. Ironically, tighter mortgage finance regulations were the purpose for the formation of the CPFB in the first pl...Read More
Rob KirbyA very short preamble to what follows is this: Frank Veneroso did foundational work that led to the creation of GATA [Gold Anti-Trust Action]. Frank Veneroso's utterances in this regard originated from information fed to him back in the 1990's about gold lending and swapping via Central Banks and Bullion Banks by Bank of England gold head - Terry Smeeton. Bill Murphy had intimate...Read More
By: Ira EpsteinGold in a saucer-pattern. Swing-lines, bias is up as price remains above the 18-dma. Read More
Gold and silver fell yesterday (from the day's high) after USA opened as traders booked profit on long positions. Traders have started ignoring the corona virus and started focusing on other economic issues and political issues. FOMC meet tomorrow can have surprises in light of Chinese corona virus. Corona virus can have a very big impact on Chinese consumer spending in February. Industrial meta...Read More
"I never buy at the bottom and I always sell too soon." Baron Nathan Rothchild, his success formula. London financier; 1777-1836 "Doubt is the father of invention." Galileo Galilei, Italian astronomer, physicist, engineer; 1564-1642 "Financial markets will find and exploit hidden flaws, particularly untested new innovations and do so at a time that will inflict the most damage to the most peop...Read More
- Hubert MoolmanGold stocks are often cited as recession proof stocks. Although this has not always been true, they do tend to rise when the economy is in a recessions and/or when the general stock market is in decline or showing relatively little gains.Below, is a long-term chart of the Dow:click charts to enlargeI have indicated significant gold stocks rallies with blue rectangles. As you ca...Read More
By: Ira EpsteinGold's short to long-term technicals:Read More