Low prices fix low prices, and eventually the shorts will be forced to cover and buy back their shares and force prices higher. This sector is 'this close' to such and event.Both Hurst cycles and Wyckoff supply and demand action are warming up to the bullish side for the energy sector (XLE). This is on the back of growing inflation fears. Inflation sourced from wage growth in the US and world...Read More
This analysis continues from part 1 (Silver Trend Forecast 2019 Update ).Gold Silver RatioThe Gold / Silver ratio has continued to trend lower, currently standing at 83.8, which implies to expect the Silver price to continue to out perform Gold over the coming months. So whilst Silver is no longer the SCREAMING BUY it was when trading at a ratio of 95, nevertheless is still CHEAP! Whilst we can d...Read More
TheUSD Index rallied on Friday, and gold responded with an intraday decline –that’s normal. What’s not necessarily normal is the size of the daily change ingold compared to the size of USD’s rally. USDIndex Bounces HigherNamely, goldfutures ended Friday’s session exactly where they had closed on Thursday. There was nodaily change in gold, even though it – theore...Read More
European central banks are slowly preparing for plan B: gold.Deutsche Bundesbank [CC BY-NC-ND 2.0 (https://creativecommons.org/licenses/by-nc-nd/2.0/)]Written by Jan Nieuwenhuijs, formerly known as Koos Jansen.It was long believed in the gold space that Western central banks are against gold, but things have changed, for quite some years now. Instead of discouraging people from buying gold, or...Read More
Daniel R. AmermanA new era began for us all in September and October of 2019, with the introduction of a new element that is likely to become one of the dominant investment market influences in the 2020s.What is shown in the orange area of the graph above is something brand new. When we understand why the Federal Reserve abruptly reversed course, created $280 billion in new money in two months a...Read More
By: David Chapman, Chief Strategist, Enriched Investing Inc. "History is a collection of agreed upon lies." Voltaire, French philosopher, writer, historian, advocate of free speech; 1694-1778 "Experience is helpful, but it is judgement that matters." General Colin Powell, Chairman Joint Chiefs 1989-1993, Secretary of State 2001-2005; b. 1937 "I'm very big on having clarified principles. I don...Read More
Keith Weiner, Monetary MetalsPhysics students study mechanical systems in which pulleys are massless and frictionless. Economics students study monetary systems in which rising prices are everywhere and always caused by rising quantity of currency. There is a similarity between this pair of assumptions. Both are facile. They oversimplify reality, and if one is not careful they can lead to spect...Read More
By Avi Gilburt, ElliottWaveTraderWith the latest news of Louis Bacon's closing down his hedge funds, we are seeing further evidence of the difficulties hedge funds have been having during recent years.But, if you think about the counter-intuitive nature of this trend, it is actually quite interesting. Let me take a step back and walk you through what I am thinking.For those that follow the mar...Read More
By: Ira EpsteinGold being weighed on by the general markets. The 100-d.ma. at $1,400 area, $1,445 Bollinger band support area -- oversold market with supports a bit below. Gold is a whipsaw market..Read More
If gold and silver fall today, they will crash. Inverse correlation between gold and crude oil will be there. I will prefer to call the current softer prices in gold and silver as just a correction and not even a short term bearish trend. Trend on or after second week of December will be the key not just for bullion but for currencies as well. Central banks from Europe have started increasing th...Read More
Dear Rich Lifer,With the first few days of fall past us, chances are good you're thinking ahead to the holiday season. Whether you love the joy the season brings, or mostly just dread the looming credit card bills that come after the fact, it's coming up fast.Fortunately, if you like to save big when you're shopping for thoughtful presents for everyone on your list, Black Friday is coming up, too....Read More
Join Greg Hunter as he goes One-on-One with Catherine Austin Fitts, the publisher of The Solari Report found on Solari.com. Catherine Austin Fitts is a former Wall Street investment banker, macroeconomic expert and publisher of The Solari Report https://solari.com/.Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Turns out that many companies who seek to embrace equality by any means could actually be doing their shareholders a disservice. But hey, we thought equality of outcome was a Continue...Read More
Frank Holmes CEO and Chief Investment Officer of U.S. Global Funds, talks about owning gold and provides some advice in efficient portfolio construction.Frank Holmes is the CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshore funds specializing in the natural resources and emerging markets secto...Read More
Bob Moriarty of 321gold provides an update on the company's recent exploration results. White GoldI called for a pop in the price of White Gold Corp. (WGO:TSX.V; WHGOF:OTCMKTS) when I wrote about them two weeks ago. We got it. The shares were $0.77 when I wrote and went as high at $0.99 in short order.I compared WGO to Great Bear and in my view stated that I thought White Gold was better. In a re...Read More
Nov 28, 2019 Guest(s): Chen Lin Founder, ChenPicks.com While the U.S.-China trade conflict has been driving gold higher, Chen Lin said the riots in Hong Kong could also spur precious metals to new heights.Lin spoke to Kitco at the Metals Investor Forum held earlier this month. Chen Lin is a newsletter writer for CHEN's Stock Picks.Chen said Mainland China takes advantage of Hong Kong's free trad...Read More
Nov 28, 2019 Guest(s): Jeff Clark Producer, BIG GOLD Ballooning debt has not yet exploded, and the debt to GDP ratio keeps expanding, and this eventually will drive gold prices much higher than current levels, said Jeff Clark, senior precious metals analyst at GoldSilver.com. "There are a lot of catalysts that have pushed gold to where they are now. We broke through that $1,400 ceiling and now t...Read More
The precious metals sector remains in a correction. The miners have shown some positive signs but are not ready to move yet because the metals likely have more correction ahead.Continue...Read More
Where is the real estate market really headed? Harry Dent joins us in a special interview this week to discuss the sector he warns people about the most, even if they choose not to listen. Continue...Read More