Continue...Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the...Read More
The major stock market indices will move sideways through the remainder of the month (and year) to end the year about where they are now. That said, if markets move outside a narrow range, there is moreContinue...Read More
Dear Reader,The major stock market indices will move sideways through the remainder of the month (and year) to end the year about where they are now. That said, if markets move outside a narrow range, there is more downside potential than upside.This is a good time to lighten up on equity exposure and reallocate to bonds, cash and gold.Stock markets haven't gained much over the past two years. Tha...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
The major stock market indices will move sideways through the remainder of the month (and year) to end the year about where they are now. That said, if markets move outside a narrow range, there is more downside potential than upside.This is a good time to lighten up on equity exposure and reallocate to bonds, cash and gold.Stock markets haven't gained much over the past two years. That may come a...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
LONDON, 2 December 2019 - Analysis from BullionVault features today in a detailed look at the case for and against buying gold this New Year."Gold has been the star performer of 2019, but does the gold rush have further to run?" asks the magazine online. "We consider prospects looking ahead."Read the full report, including BullionVault's analysis of historic patterns for UK investors, at Money Obs...Read More
Bob brought 321gold.com to the Internet almost 14 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 820 missions in Vietnam. He holds 14 internati...Read More
Two hedge fund icons - Bridgewater founder Ray Dalio and Paul Tudor Jones - joined Yahoo Finance for the 2nd annual Greenwich Investment Forum earlier this month. Speaking directly after Continue...Read More
Gold reversed yesterday, and so did the rest of the precious metal sector. Mining stocks and - what's important - silver Continue...Read More
Bob Moriarty of 321gold discusses the Indonesian government's actions in the nickel market and how they might affect a company with a project in Norway. As the world's largest producer of nickel, the actions of the Indonesian government not only affect those companies working in Indonesia but also half way around the world. In 2014 the country restricted the export of nickel concentrate in an eff...Read More
As life is becoming unaffordable for these Americans, official inflation data artfully papers over it. This arcane device impacts investments, Social Security benefits, and inflation-adjusted data, such as "real wages" & "real GDP."Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds...Read More
60 Minutes found that over 300 video ads for President Trump were taken down already by Google for violating company policyContinue...Read More
Adam HamiltonArchivesNov 29, 2019 The silver miners are finally enjoying higher prevailing silver prices, a great boon for this sector. Silver surged this past summer after gold's first new bull-market highs in several years rekindled enthusiasm for precious metals. The long-neglected silver stocks rallied strongly with their metal. Their recently-reported Q3'19 results reveal whether those gains...Read More
David Becker6 hours ago (Nov 29, 2019 6:52 PM GMT)Gold prices moved higher on Friday, the last trading day of November. For the month the yellow metal declined by 3.2% as riskier assets gained traction. The dollar eased and the Euro moved higher on Friday, paving the way for higher gold prices. The EU reported its preliminary estimate for November CPI which rose more than expected. Germany surpris...Read More
Christopher Lewis6 hours ago (Nov 29, 2019 6:42 PM GMT)Gold markets have rallied a bit during the trading session on Friday, showing signs of resiliency, and at this point the 38.2% Fibonacci retracement level has been offering quite a bit of support. The $1450 level is a large, round, psychologically significant figure and it is also at the top of the ascending triangle that we had broken out of....Read More
Christopher Lewis8 hours ago (Nov 29, 2019 5:09 PM GMT)Gold markets have fallen initially during the week, reaching down towards the $1450 level, an area that has been important more than once. By doing so, the market looks as if it is ready to turn around and bounce, but we need to break out above the top of the weekly candle from the previous week. Otherwise, if we were to break down below the $...Read More
The specifics and benefits of the transaction are addressed in a ROTH Capital Partners report. In a Nov. 22 research note, ROTH Capital Partners analyst Joe Reagor reported that Avino Silver & Gold Mines Ltd. (ASM:TSX.V; ASM:NYSE.MKT; GV6:FSE) agreed to sell its Bralorne gold project in British Columbia to Talisker Resources."The sale is a positive for the company as it improves its balance sheet...Read More
The perceived pros and cons of the transaction are provided in a CIBC report. In a Nov. 25 research note, analyst Cosmos Chiu reported that CIBC downgraded its rating to Neutral and lowered its target price to CA$60 per share from CA$73 (current share price CA$55.79) on Kirkland Lake Gold Inc. (KL:TSX; KL:NYSE) due to the increased risk associated with the miner's agreement to acquire Detour Gold...Read More
In the 1986 classic ‘Platoon’, Charlie Sheen’s character Chris Taylor tells everyone that he dropped out of college to serve in the Vietnam War. This sets him apart from the other grunts and makes Taylor seem noble and patriotic, giving up school to go fight in a war. But his credo is soon shot down by a black soldier nick-named King, played by Keith David, who tells him: &...Read More