November 14, 2019 - Vancouver, BC - ATAC Resources Ltd. (TSX-V:ATC) (“ATAC”) is pleased to announce the commencement of an updated resource and preliminary economic assessment ("PEA") for its high-grade Tiger Gold Deposit and provide an exploration update for its 660-sq.km Rau Project.Tiger Deposit PEAATAC believes the carbonate replacement Tiger Gold Deposit offers substanti...Read More
The quarterly report on household debt shows another record high. Delinquencies are up strongly as well.Continue...Read More
The amount of gold to hold in a portfolio that optimizes an investor's risk/return profile is much higher than what most would hold, this according to Ryan Giannotto, director of research at GraniteShares."We have found that the efficient level, the optimized level, was 35% gold. Not saying you should own 35% gold, that's an awfully high concentration, but it challenges the conventional wisdom of...Read More
With gold and silver prices having tumbled, sector expert Michael Ballanger outlines how he will weather the storm."People everywhere are being fed propaganda, lies and false stimuli of all kinds, but deep in their hearts, deep in their instincts, they know something is wrong."—G. Edward Griffin, author of The Creature from Jekyll IslandMy usual weekend missive was mildly delayed for a very...Read More
Yes, you read thatright. Despite all the bearish developments that we described in the previousanalyses,and despite myriads of bearish factors that remain in place for the followingmonths, it seems that the white metal is about to rally. Gold, and miningstocks could move higher as well, and we’ll move to that shortly. For now,let’s talk silver. Inparticular, we’re going to discus...Read More
Currently, commodity prices are the cheapest they’ve been in over 40 years compared to equity prices. US Equities have continued to rise over the past 7+ years due to a number of external processes. QE1, 2, 3, and Fed Debt Purchases Share Buy-Backs and creative credit facilities. Only recently have investors really started to pile into the US stock market (see charts below)...Read More
The prevailing wisdom that sees explosive and long-term potential for U.S. shale may rest on some faulty and overly-optimistic assumptions, according to a new report.Forecasts from the U.S. Energy Information Administration (EIA), along with those from its Paris-based counterpart, the International Energy Agency (IEA), are often cited as the gold standard for energy outlooks. Businesses and govern...Read More
Even though you can't purchase high-capacity magazines in Colorado you can easily get the pieces to build one yourself.Continue...Read More
- Craig Hemke, TF MetalsWith the expected price pullback underway, what can we expect for the remainder of the month and into year-end? Will the price action continue to resemble 2010, or will it play out more like 2016 instead?As we've discussed each of the past two weeks, the current selloff/pullback in COMEX gold and silver is as unsurprising as it was unavoidable. The COMEX market-making Ban...Read More
Forecasts, Commentary & Analysis on the Economy and Precious MetalsCelebrating our 46th year in the gold businessNovember 2019"I'm no insect. Gold is a great way to make a lot of money." - Thomas Kaplan, Electrum GroupMichael J. Kosares, USA Gold2020 visionFive charts to contemplate as we prepare for the new year1. Gold's annual returns 2000 to presentIn the February edition of this newsletter,...Read More
- Gary TanashianGlobal central banks have been pumping the liquidity spigots 24/7 and the US Fed is starting to go that way as well. This during a time of supposed economic splendor and fruitfulness (it is these contradictions that are the windows into a ginned up, leveraged economy dependent on monetary policy) while the S&P 500 breaks through the bull turnstile to blue sky.A real economy and...Read More
- Stewart Thomson, Graceland Updates 1. It doesn't take much downside price action to make gold investors nervous, or much upside price action to make greed appear.2. It's probably true that no fever is like gold fever!3. To reduce these swings in emotion, my suggestion is for investors to do most of their buying and selling at major support and resistance zones....Read More
- Gary Christenson, The Deviant InvestorPresident Roosevelt made owning gold for American citizens, with minor exceptions, illegal in 1933. See Executive Order # 6102. Begin the DOW to gold ratio analysis in 1933.Many people have discussed the Dow to gold ratio. It fell from over 40 in the year 2000 when the DOW (11,750) was expensive, and gold sold for less than $300. In those days paper asse...Read More
Subscribers who used Hidden Pivot targets from Rick's Picks to trade against gold's steep fall have done well bottom-fishing this week. Here's how they did it -- and judge for yourself whether you could have done these trades yourself. www.RickAckerman.comRead More
By: Ira EpsteinGold should test the 18- week moving average.. but from what level? Lower highs with lower lows, gold's 18-day moving average converging with 100-DMA around $1484/89Read More
The S&P eked out a slim gainThe Dow managed a strong win and another record high in a busy session on Wall Street. The blue-chip index was spurred by Walt Disney (DIS), which saw its shares rally after announcing strong numbers for its Disney+ streaming service. The S&P 500 and Nasdaq lagged behind, however, as traders considered congressional testimony from Fed Chair Jerome Powell -- who suggeste...Read More
SDC and GOOS options volume has ramped up todayStocks are flat today, as Wall Street unpacks a congressional testimony from Fed Chair Jerome Powell, as well as public impeachment hearings against President Donald Trump. Among three stocks making notable moves today are teledentistry name SmileDirectClub Inc (NASDAQ:SDC), clothing concern Canada Goose Inc (NYSE:GOOS), and semiconductor stock Nortec...Read More
Options are exchanging hands well above the average intraday pace Cloud concern Datadog Inc (NASDAQ:DDOG) is trading at all-time highs following its first ever turn in the earnings confessional since going public in late September. The firm posted a third-quarter loss of 4 cents per share, which was smaller than analysts' expectations, and revenue that also beat expectations. The software company...Read More
Auto stocks have outperformed but put open interest is high on the groupEvery week, Schaeffer's Senior Quantitative Analyst Rocky White sends out a table that breaks down a number of data points for every sector we cover, looking for places where sentiment doesn't line up with how names in the space have been performing -- in other words, another way contrarian traders can find potential opportuni...Read More
Procter & Gamble is keeping the Dow above waterStocks are sticking close to the flatline at midday, as Wall Street keeps a close eye on Capitol Hill. In addition to congressional testimony from Fed Chair Jerome Powell -- who said in prepared remarks that the "current stance of monetary policy is likely to remain appropriate" -- traders are watching the first day of public impeachment hearings agai...Read More