Dear Friend of GATA and Gold:Our friend Dave Kranzler of Investment Research Dynamics in Denver today elaborates on his commentary yesterday --http://www.gata.org/node/19589-- about the New York Commodities Exchange's invention of another mechanism for creating "paper gold." Kranzler writes today that the mechanism seems aimed at easing the pressure of the short position likely making serious tr...Read More
By: RambusOnce a year I try to post this very long term monthly chart for the $COMPQ which I call, "HISTORY CHART OF THE END OF THE WORLD." I built out this chart many years ago and update it when there is anything of interest to show. The last entry was the BREXIT vote in February of 2016. You my recall the markets were uneasy about the vote, but has been the case in the past it usually marks...Read More
By: Ira EpsteinGold ended the week higher but downside bias. Daily gold chart is neutral. $1,430's should see strong support if there is a larger sell-off. $1,487 area is initial resistance area..Read More
By: Robert LambourneIts statement of account for October shows that the Bank for International Settlements continues actively trading in gold swaps. The BIS uses gold swaps and other gold derivatives to gain access to gold held by commercial banks. Recent swap levels remain much lower than they were in the second half of 2018, although the level of swaps as of October 31, an estimated 186 tonnes...Read More
StrengthsThe best performing metal this week was silver, up 1.02 percent on little news. Gold traders and analysts were mostly bullish on their outlooks for gold next week despite lower prices. Fifty-three percent of respondents were bullish in the weekly Bloomberg survey. Serbia bought nine tonnes of gold in October and the metal now accounts for 10 percent of the nation's foreign reserves. Ser...Read More
Jeff Snider and Erik discuss:Markets grinding to new all-time highs on relief that the recession scare is now over and forgotten.History teaches us it's not over, but widespread complacency that it is typifies this point in the cycleEveryone is assuming that a trade deal will "fix everything". Jeff says that belief is misplaced as well.?>>?Read More
"Even though I did nothing wrong, and don't like giving credibility to this No Due Process Hoax, I like the idea & will, in order to get Congress focused again, strongly consider it!"Continue...Read More
Here we go again. Fresh doubts over a U.S.-China trade deal pushed stocks lower and gold higher on Monday. Continue...Read More
Over the past 20 years, this company's shares have outperformed gold by more than five to one. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT), throughout its 20-year history, has focused on buying assets with exploration upside in low-risk jurisdictions during down times and selling noncore assets during good times, using the proceeds to fund exploration at its larger and more advanced projects, ther...Read More
Sector expert Jason Hamlin explores the potential of the current gold bull market by charting the courses of past bull markets. The gold price bottomed in late 2015 around $1,050 per ounce. It has since advanced to a high of $1,555 in early September, followed by a pullback to the current price of $1,470. Gold is in a well-defined uptrend channel with higher lows and recently higher highs. The br...Read More
Sector expert Michael Ballanger interprets the latest market moves and manipulations. Gold bars"For every action, there is an equal and opposite reaction." Sir Isaac Newton (Newton's Third Law)In nature, where everything moves freely absent human interference, her omnipotent forces are allowed to manifest themselves in manners that create a living ecosystem that supports life in the air, on land...Read More
There are 46 claims on the Quebec property being purchased. Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTC) announced in a news release it entered an agreement to acquire Golda Resources Inc., owner of the McKenzie East gold project located north of Val D'Or in Quebec. The deal will include the 46 claims across 1,676.25 hectares of claims on the property."We are extremely pleased to acquire this...Read More
The major gold minersjust enjoyed a phenomenal quarter for gold, which soared after its firstbull-market breakout in years. Q3’19’s much-higherprevailing gold prices should’ve driven soaring earnings for the miners, due totheir big inherent profits leverage to gold. So this just-completed Q3 earnings season is the most important for thissector in a long time. Did...Read More
It's no secret that a small move up in goldprices...Converts -- directly -- in to a huge move injunior gold miners.For every 1% move in gold... a small goldminer can rise 20%... 40% or more.And right now, the smartest investors --insiders at TD, Merrill, Citi and more -- are calling for gold to rise 33%.Gold could surpass its all-time highs and shoot up over $2,000 per ounce.This could send gold m...Read More
By: Robert LambourneIts statement of account for October shows that the Bank for International Settlements continues actively trading in gold swaps. The BIS uses gold swaps and other gold derivatives to gain access to gold held by commercial banks. Recent swap levels remain much lower than they were in the second half of 2018, although the level of swaps as of October 31, an estimated 186 tonnes...Read More
StrengthsThe best performing metal this week was silver, up 1.02 percent on little news. Gold traders and analysts were mostly bullish on their outlooks for gold next week despite lower prices. Fifty-three percent of respondents were bullish in the weekly Bloomberg survey. Serbia bought nine tonnes of gold in October and the metal now accounts for 10 percent of the nation's foreign reserves. Ser...Read More
Dear Rich Lifer,As I mentioned in one of my issues last week, I attended the first annual Paradigm Press summit in New York City and gave a talk to both live attendees and thousands of additional investors with streaming access to the event.The entire event was terrific with eye-opening insights from many additional presenters - Jim Rickards, Nomi Prins, Tim Sykes, Ray Kurzweil, George Gilder, Gra...Read More
Presidential candidate Joe Biden recently went on record saying he does not suppport legalizing marijuana on the federal level beacause it may be a "gateway drug." This did not sit well with Mr. Rogan. Joe is a well-known marijuana user who often discusses his positive experiences with the drug.Here is Joe's Instagram response:The people who say "marijuana is a gateway drug and it shouldn't be leg...Read More
(Recorded Nov 11, 2019) Renowned natural resource investment guru David Morgan returns to share insights from his recent address at the New Orleans Investment Conference, on: "What if Silver Were Treated Like Gold?"Morgan also responds to new revelations from the ECB and field viewer questions on what's ahead for precious metals, food, and other real assets in a system fatally detached from realit...Read More
The Saudi Aramco saga continues as the world's most profitable company has set its value at $1.7 trillion dollars, despite balks from international investors. Todd Horwitz of Bubba Trading and Peter Schiff of Euro Pacific Capital are both on hand today to break down the stellar target, and so much more.Peter Schiff is an internationally recognized economist specializing in the foreign equity, curr...Read More