By: Ira EpsteinWill Pelosi take away the trade-deal Trump victory with an impeachment delivery to the Senate?Gold APRIL (now updated) Futures. Gold is down the first trading day of the week, 18-DMA is at $1497 area and rising. Gold peaked out at missile day. Read More
RambusHeads UP ...from Rambus Chartology."You may recall we were looking at the Japanese YEN / PM complex combo chart several months ago comparing the YEN to the PM complex. For whatever reasons how the YEN goes the PM complex tends to follow. It's not a perfect correlation but close enough to pay attention. Today the YEN gapped below an important trendline that goes all the way back to October...Read More
Ask yourself what factors what factors will affect global financial markets once the so called US-China trade deal is signed. Trade war is the biggest reason why gold prices rose from $1200 to $1600 in around twelve months. Central bank buying and other reasons have also contributed to gold price rise but the biggest catalyst has been the trade war and recession fears. I will happy if gold price...Read More
Bob Moriarty of 321gold reports on the latest drill results from this company's Montana project. The world is at an interesting junction. Awash in debt caused by promises that governments cannot possibly fulfill, civil disorder takes place in at least fourteen different countries. The U.S. political system has tied itself into partisan knots in an effort to replay the 2016 election with a Preside...Read More
The Vancouver-based company believes it may have discovered a new mineralized zone at a British Columbia property. Scottie Resources Corp. (SCOT:TSX.V) announced in a news release that recent drilling was successful in the Blueberry vein on the Bow property in British Columbia's Golden Triangle. The company reported the results, which are from 630.2 meters (630.2m) of diamond drilling completed i...Read More
The report updates and the company being a takeout target are discussed in an iA Securities report. In a Jan. 7 research note, iA Securities analyst George Topping reported that Rubicon Minerals Corp. (RMX:TSX; RBYCF:OTCMKTS) updated the mineral resource at its Phoenix gold project in Red Lake, Ontario.Topping highlighted that the updated resource now contains 811,000 ounces (811 Koz) in the Meas...Read More
Market forecasterMartin Zweig famously warned investors against underestimating the power of theFederal Reserve Bank to control markets. He coined the phrase “Don’t fight theFed” back in the 80’s. Preciousmetals investors are wondering if this is still goodadvice.On one hand, it ispretty hard to argue with that bit of wisdom.The Fed Zweig wasreferencing had begun taking a m...Read More
Heads UP …from Rambus Chartology.“You may recall we were looking at the Japanese YEN / PM complex combo chart several months ago comparing the YEN to the PM complex. For whatever reasons how the YEN goes the PM complex tends to follow. It’s not a perfect correlation but close enough to pay attention. Today the YEN gapped below an important trendline that goes all the way back to...Read More
Near the start of every year, I share our ever-popular Periodic Table of Commodity Returns, now updated to reflect the final results of 2019. To view the interactive table and download a copy of your own, click here. Commodities as a whole had a mostly positive 2019, returning 16.53 percent as measured by the S&P GSCI. This far surpasses commodities' five-year average return of about negativ...Read More
By: Ira EpsteinWill Pelosi take away the trade-deal Trump victory with an impeachment delivery to the Senate?Gold APRIL (now updated) Futures. Gold is down the first trading day of the week, 18-DMA is at $1497 area and rising. Gold peaked out at missile day. Read More
RambusHeads UP ...from Rambus Chartology."You may recall we were looking at the Japanese YEN / PM complex combo chart several months ago comparing the YEN to the PM complex. For whatever reasons how the YEN goes the PM complex tends to follow. It's not a perfect correlation but close enough to pay attention. Today the YEN gapped below an important trendline that goes all the way back to October...Read More
Ask yourself what factors what factors will affect global financial markets once the so called US-China trade deal is signed. Trade war is the biggest reason why gold prices rose from $1200 to $1600 in around twelve months. Central bank buying and other reasons have also contributed to gold price rise but the biggest catalyst has been the trade war and recession fears. I will happy if gold price...Read More
Reuters broadcasts the confession:I do think the growth in the balance sheet is having some impact on the financial markets and on the valuation of risk assets...Here we have the unassailable and unimpeachable testimony of one Robert Kaplan. He, Mr. Kaplan, presides over the Federal Reserve's Dallas branch office.And so a central bank grandee gives it straight... and stamps our dark suspicions wit...Read More
Jan 16, 2020 Guest(s): Robert Kiyosaki A ballooning retiree population over the coming years is likely to force the government to print more money in order to support pensioners, and this will create a good environment for gold, said Robert Kiyosaki, author of Who Stole My Pension? How You Can Stop the Looting. "In the next ten years, two billion old guys like me will retire. Two billion, all o...Read More
* China Dec unwrought copper imports at 527,000 T - customs * Annual copper imports down 6% at 4.98 mln T - customs * Copper concs imports hit annual record high of 21.99 mln T * Dec aluminium exports highest since July; annual shipmentsdrop (Adds graphics)By Tom DalyBEIJING, Jan 14 (Reuters) - China's unwrought copper importsrose 9.1% in December from the previous month to their highestsince Marc...Read More
By: Gary SavageAnother secular bull market in gold underway. Long basing phase is over, lots of volatility back and forth.. 7 minute long video with long-term gold chart view.https://blog.smartmoneytrackerpremium.com/Read More
StrengthsThe best performing metal this week was palladium, up 6.48 percent, notching its best weekly advance since June. While global car sales are weak, loadings for their catalytic converters are going up with regulatory requirements. Gold traders and analysts were spilt on their outlook for the yellow metal next week after this week saw big price swings due to U.S.-Iran tensions escalati...Read More
Clive MaundIt has been a week of surprises since the last updates were posted. First, I had not expected Iran to retaliate following the murder of its top General by a US drone, but it did, despite the risks, as it was politically necessary to assuage the extreme anger of its population who demanded revenge. The next surprise was that Israel and the US did not use this retaliation as an excuse t...Read More
The "phase one" trade deal between the U.S. and China will be signed on WednesdayThe Dow kicked off the week with modest gains thanks to the latest U.S.-China trade tailwinds. Ahead of the "phase one" trade deal between the two countries that's expected to be signed on Wednesday, the U.S. removed China from its list of currency manipulating countries. The S&P 500 and Nasdaq both finished in the bl...Read More
Delta Air Line's quarterly report is due out before the open tomorrow Travel concern Delta Air Lines, Inc (NYSE:DAL) is once again bumping up against recent pressure at its $60 region, just ahead of its fourth-quarter earnings report, due out before the open tomorrow. In the past, DAL has tended towards positive returns the day after its quarterly report, with only one post-earnings move during th...Read More