Gold will ride again... but it is still disfavored overall until the commodity and economic cycles bottom around 2022-23 or so.Continue...Read More
Holdings of the metal in China's four bullion-backed ETFs reached a record-breaking 50 metric tons last monthContinue...Read More
Jimmy Dore highlights a recent David Stockman appearance on Fox Business (Oct. 28, 2019)David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner...Read More
Researchers believe the Templars' gold may still be buried somewhere deep in these underground tunnels.Continue...Read More
Friday’ssession was exceptional for several reasons and the most profound ones aregold’s and silver’s sizable intraday rally, and the subsequent slide. Thereversals that both metals created are practically screaming signs pointing towhat’s next. The way mining stocks behaved, and how gold closed relative to itsprevious tops also have important implications, but let’s...Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Coming up Chris Powell of the Gold Anti-Trust Action Committee joins me and updates us on the recent developments in the gold and silver manipulation prosecutions and discusses how the price spoofing schemes by the bullion banks may be tied to trades by central banks working to keep a lid on prices.Chris also explains why he...Read More
China and Russia have been purchasing gold in unprecedented amounts.The ISM Manufacturing report strengthens the case for investors to find safer assets.Fed rate cuts should boost gold's price, given its nature as a deflationary asset.Intro In the past few months, I have written articles detailing the macroeconomic case for gold that revolves around low-yielding debt, and expensive equities ma...Read More
No wonder Democratic Party bosses and mainstream media are trying to bury presidential contender Tulsi Gabbard. She is the only candidate, perhaps the onlyContinue...Read More
How long before the mainstream media exclaims: Is Bill Maher a 'Russian asset' too?Continue...Read More
This approach mirrors what owners of comparable projects have done in the past. DHZ-014 Drill CoreGreat Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTCQX) announced in a news release it plans to create and spin out to shareholders a 2% net smelter return (NSR) royalty on any potential future mineral production at its Dixie property in Ontario's Red Lake District.The company will first put the NSR royal...Read More
What's astonishing is how long it lasts.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). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership a...Read More
Greg Weldon returns to discuss Gold, gold stocks, the decline in the dollar and the other potential drivers for precious metals. He also shares other things he's bullish on.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection...Read More
Oct 29, 2019 Guest(s): Ivan Bebek Executive Chairman, Auryn Resources Investors shouldn't pay attention to short-term volatility. Instead, they should keep their eye on the long-term uptrend for gold and silver says one mining CEO. In an interview with Kitco News during the Silver and Gold Summit in San Francisco, Ivan Bebek, executive chairman of Auryn Resources, said that he is expecting to se...Read More
Oct 29, 2019 Guest(s): Rick Rule President & CEO, Sprott U.S. Holdings Senior precious metals producers have hit a sweet spot where costs are going down and higher precious metals prices are going up, creating strong margins, but the question is what should companies be doing with that money? Rick Rule, president of Sprott U.S. Holding, told Kitco News on the sidelines of the Silver and Gold Su...Read More
The potential for a pause in the rate cuts could be why Gold, Silver and mining shares are all off their summer highs, despite an imminent rate cut. Continue...Read More
"We're back to the wonderful world of trillion dollar deficits last seen in 2011."Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds on global finance, and served as a facilitator of the first...Read More
Larry LaBordePosted Oct 26, 2019This story is about one of the world’s largest gold hoards stored in one of the largest most secure vaults ever built. The French stored their 2,500 tons of gold in their secure underground vault in Paris. When the Germans began their offensive, the French started to remove its gold as a precaution. When the Maginot Line was breached and it was clear Paris wou...Read More
Adam HamiltonArchivesOct 25, 2019 Gold has stalled out, drifting sideways to lower for nearly a couple months now. Traders are becoming more frustrated its preceding powerful rally has failed to resume. That is inexorably eroding this past summer's bullish psychology. Corrective phases to rebalance sentiment are normal and healthy after strong uplegs. Gold had grown too overbought, exhausting trad...Read More
Sector expert Michael Ballanger ruminates on the bubble-popping influence of government and the banking sector on cryptocurrencies, and offers a brief rundown on his most current holdings. To put it mildly, the business of financial forecasting is not only an inexact science, it is a magnified case study in handicapping, the likes of which you find in sports betting such as horse racing or baske...Read More
Both appointees have years of experience in the field. Gatling Exploration Inc. (GTR:TSX.V; GATGF:OTCMKTS) announced in a news release it appointed Peter Dickie as a director and Peter Damouni as the board's new chairman.Dickie and Damouni take the place of Leigh Hughes, who recently resigned. The new director has more than 35 years of experience in the public and private corporate world, having...Read More