Continue...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 sectors.Read More
Technical analysis update forthe SPDR Gold Shares ETF (GLD).Long-term bullish continuationanticipated once current correction is completed.Looks like a deeper retracementmay come in the near-term, before resumption of the rally. Long-term breakoutFollowing the August 2018 swing low of $111.06, GLDrallied 32.2% to the September 2019 high of $146.82. That rally foundresistance in the area of Fibonac...Read More
Technical analysis update forthe SPDR Gold Shares ETF (GLD).Long-term bullish continuationanticipated once current correction is completed.Looks like a deeper retracementmay come in the near-term, before resumption of the rally. Long-term breakoutFollowing the August 2018 swing low of $111.06, GLDrallied 32.2% to the September 2019 high of $146.82. That rally foundresistance in the area of Fibonac...Read More
Martin LovePosted Dec 7, 2019From one American’s perspective, Ayatollah Khamenei jumped on Twitter this week and said something quite true even if it is not ever said nearly enough: “Our main enemy is one of the most evil, cruelest governments in the world. It supports terrorists like ISIS and the Zionists and former dictatorships such as the Shah’s in Iran and the cruel Saudi fa...Read More
Mike Gleason: It is my privilege now to welcomeback our good friend Greg Weldon, CEO and president of Weldon Financial. Greg hasdecades of market research and trading experience specializing in the metalsand commodity markets and even authored a book back in 2016 titled GoldTrading Boot Camp where he accurately predicted the implosion of theUS credit market and urged people to...Read More
Technical Analysis is the theory that price relates all news, fundamental and correlative future expectations into current and recent price activity. It is the theory that price is the ultimate indicator and that charts paint a very clear picture for those individuals that are capable of understanding the message that is being presented. In this research article, we are going to highli...Read More
We all know that the gold and silver Commitments of Traders are very extended and at levels of commercial net shorts and large spec net longs that tend to be in place at tops in the metals. Well, the metals topped in the summer, so what does that tell us?For one thing it tells us that bull market rules are different from bear market rules as per this post from August as gold was topping.Gold and S...Read More
What does it mean when the Fed and other central banks jointly bemoan the effects of their own policies? Worried about not being able to keep all the plates spinning?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 and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin)....Read More
Mike Gleason: It is my privilege now to welcomeback our good friend Greg Weldon, CEO and president of Weldon Financial. Greg hasdecades of market research and trading experience specializing in the metalsand commodity markets and even authored a book back in 2016 titled GoldTrading Boot Camp where he accurately predicted the implosion of theUS credit market and urged people to...Read More
Technical Analysis is the theory that price relates all news, fundamental and correlative future expectations into current and recent price activity. It is the theory that price is the ultimate indicator and that charts paint a very clear picture for those individuals that are capable of understanding the message that is being presented. In this research article, we are going to highli...Read More
We all know that the gold and silver Commitments of Traders are very extended and at levels of commercial net shorts and large spec net longs that tend to be in place at tops in the metals. Well, the metals topped in the summer, so what does that tell us?For one thing it tells us that bull market rules are different from bear market rules as per this post from August as gold was topping.Gold and S...Read More
Mike Gleason: It is my privilege now to welcomeback our good friend Greg Weldon, CEO and president of Weldon Financial. Greg hasdecades of market research and trading experience specializing in the metalsand commodity markets and even authored a book back in 2016 titled GoldTrading Boot Camp where he accurately predicted the implosion of theUS credit market and urged people to...Read More
Technical Analysis is the theory that price relates all news, fundamental and correlative future expectations into current and recent price activity. It is the theory that price is the ultimate indicator and that charts paint a very clear picture for those individuals that are capable of understanding the message that is being presented. In this research article, we are going to highli...Read More
We all know that the gold and silver Commitments of Traders are very extended and at levels of commercial net shorts and large spec net longs that tend to be in place at tops in the metals. Well, the metals topped in the summer, so what does that tell us?For one thing it tells us that bull market rules are different from bear market rules as per this post from August as gold was topping.Gold and S...Read More
Adam HamiltonArchivesDec 06, 2019 Gold has been correcting following last summer's powerful bull-breakout upleg. Since peaking, gold has inexorably drifted lower in a well-defined downtrend. Traders are wondering when this necessary and healthy sentiment-rebalancing selloff will bottom, paving the way for gold's next upleg. But this correction still has a ways to run, according to speculators' gol...Read More
Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set up his own business, Marc Faber Limited which acts as an investment advisor...Read More
Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com. Bix has dedicated his efforts over the last 15 years to exposing the long term manipulation of the gold and silver markets. He has worked closely with the Gold Anti-Trust Action Committee helping to p...Read More
Continue...James Turk has specialized in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. His career began at Chase Manhattan Bank (now JPMorgan Chase & Co.), which included assignments in Thailand, the Philippines and Hong Kong. He subsequently joined the investment and trading company of a pro...Read More
The Canadian company announced a $21 million budget and aims to complete the expansion by year-end 2020. Great Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTCQX) more than doubled its ongoing drill program at Dixie in Ontario's Red Lake District to 200,000 meters (200,000m) from 90,000m, it announced in a news release. The explorer aims to complete the remaining meters of drilling by year-end 2020."We...Read More
Even though it's on rate-cutting hold, the Fed nonetheless keeps engaging in aggressive oversubscribed repo ops, or as we like to call the process, "QE4R."QE4R involves offering money to banks in return for short-term U.S. Treasury and mortgage bonds, in shades of 2009.The fact that the Fed is expanding its balance sheet through these repo operations allows it to pretend it is merely auctioning "a...Read More