This is the fourth straight month of contraction in one of President Trump's favorite sectors of the economy. Continue...Read More
Following the latest dismal ISM data which sent US equity markets tumbling, traders were on the prowl for any hints what the US may do over the next major catalyst in the US tradeContinue...Read More
The current bull cycle for gold prices is still in progress, and it's only a matter of time before price levels for the yellow metal hit $2,000 an ounce, this according to Sean Boyd, CEO of Agnico Eagle."We're still in that bull market that started in 2015. This is just the initial phase," Boyd told Kitco News. "We think in this cycle gold will hit a new high in U.S. dollars. Ultimately, we'll get...Read More
Sector expert Michael Ballanger offer his latest insights into the markets and his investment strategy as 2019 winds down. "Gold is money; everything else is credit." J.P. MorganDating back to the mid-80s, and usually around the end of November, I begin to formulate strategies and portfolios looking out to the upcoming New Year, taking into account technical, fundamental and geopolitical factors...Read More
Sector expert Maurice Jackson begins a four-part series on private placements with a conversation with Tekoa Da Silva of Sprott USA. Maurice Jackson: Thank you for joining us for aspecial four-part series entitled All About Private Placements. Joining us for a conversation is Tekoa Da Silva; he is an accomplished licensed financial advisor for Sprott USA, the preeminent name in the natural resour...Read More
Teaser: Let’s face it, we live in a world of radical uncertainty. Yet we’re supposed to make perfectly rational decisions – so, how do we cope with the unknown? We tell narratives, and form our decisions around them! Let’s explore the narratives in the financial markets for it reveals their importance to the gold market. Let’s face it, we live in a world of radical un...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 325,28653,65293,522191,548497,015610,356644,189 Change from Prior Reporting Period -12,0102,215-16,214-15,078-28,706-43,302-42,705 Traders 18560794955265170 Small Speculators LongShortOpen Interest 58,91225,079669,268 -6,641-7,238-49,943 non reportable po...Read More
Strengths? The best performing metal for the week was palladium, up 3.66 percent. Palladium reached a fresh record this week, reports Bloomberg, hitting $1,842.76 an ounce and extending this year's rally to 46 percent. Gold also witnessed safe haven buying following Trump's signing of a bill supporting Hong Kong protestors. Despite renewed hopes for a U.S.-China trade pact, hol...Read More
By: Larry LaBorde When considering the space requirements of $1,000,000, the first question is in what form? I will try to illustrate the volume and weight of $1 million dollars in three forms: $100 bills, gold eagle coins and silver eagle coins. I have had some customers surprised by the volume of metals they have ordered when it arrives. Some have been overwhelmed (usually with silver)...Read More
By: Gary Savage After 2013, we started see these huge pre-market dumps in gold. Banks playing the markets with massive contract dumps on the markets, in five minutes or less, usually in the pre-market where that contract volume size will start to..Read More
Keith Weiner, Monetary MetalsThe basic idea behind the Quantity Theory of Money could be stated as: too much money supply is chasing too little goods supply, so prices rise. We have debunked this from several angles. For example, we can use a technique that every first year student in physics is expected to know. Dimensional analysis looks at the units on both sides of an equation.Money supply...Read More
Dear Friend of GATA and Gold:Our friend J.D. writes today:"I write regarding the interesting response you received from Shawn Elizabeth Phillips, corporate secretary at the Federal Reserve Bank of New York, by e-mail dated November 13, 2019:http://www.gata.org/node/19583"The New York Fed's response points to purported Dodd-Frank law rules prohibiting disclosing for two years of the identities of...Read More
The next two weeks are big global economic data days and central banks meetings (including FOMC). Eastern European central banks have started increasing gold reserves. Those central banks whose gold have been stored in vaults in UK have started to repatriate their gold or have given their intention to take back their gold. But bank of England is not giving gold to South American nations. This wi...Read More
Dear Rich Lifer,In many parts of the USA, dealing with winter weather is no joke!Whether you're in Ohio or Oregon, the snow, freezing cold, and weeks without seeing the sun can really drag you down.Social occasions also become fewer and farther between because no one wants to go outside in dreadful weather.Not only that, it's a major inconvenience to get around, and living costs, like food, car in...Read More
Dear Reader,I usually prefer focus on investments most people have never heard of. I do this with a strategy I like to call "backdoor" investing.A "backdoor" investment is a publicly traded company that capitalizes on a "big idea" or trend sweeping Silicon Valley. At any given moment, the venture world is filled with thousands of companies at work in almost every sector of business.For instance, w...Read More
Dec 03, 2019 Guest(s): Christopher Vecchio Senior Currency strategist, IG Group With President Donald Trump signaling that he is willing to push any resolution to the trade war negotiations with China to beyond the 2020 presidential elections, the U.S. economy could see a slowdown, particularly in certain sectors, this according to Christopher Vecchio, senior currency strategist of IG Group. "On...Read More
Do you really own your own home? Are your taxes constitutional? Do you have any privacy left? Can you trust the mainstream press and government statistics? John Whitehead, founder of the Rutherford Institute, constitutional attorney who for nearly 40 years has fought cases all the way to the Supreme Court, joins Finance & Liberty and Reluctant Peppers this first time for a scorching survey of unco...Read More
Sixty percent of small business owners approve of the way President Trump is running the country, the highest approval rating number since the survey beganContinue...Read More
Freeman Smith, VP of exploration at Riverside Resources, speaks to Maurice Jackson of Proven and Probable about his company's exploration plans for its newest project in Ontario.Maurice Jackson: Joining us for a conversation is Freeman Smith, the vice president of exploration for Riverside Resources Inc. (RRI:TSX.V; RVSDF:OTCQB). Glad to have you on the program to discuss the latest developments c...Read More
Dec 04, 2019 Guest(s): Kevin O'Leary A recent incident involving Canada and America's leaders has lead to some backlash against both sides, and it is clear that the American leadership does not take Canada's Prime Minister very seriously, said Kevin O'Leary, star of Shark Tank and chairman of O'Shares ETFs. President Donald Trump has called Prime Minister Justin Trudeau "two-faced" following a...Read More