This morning in pre-market the Amigos’ futures charts update the macro story……which goes something like this… Copper, the cyclical Amigo (weekly chart) has furthered the intermediate trend line break we noted on October 25th. This is in line with the rally in US and global stock markets and even more so, the global macro reflation theme. It does not look so impressive ye...Read More
As it has done with cobalt, graphite and rare earths, China appears to be locking up the nickel market. Nickel’s top producer, Indonesia, in early September decided to accelerate a scheduled ban on ore export shipments, from 2022 to January 1, 2020. The ban which instead took immediate effect on Oct. 28, is to encourage the building of domestic smelters instead of exporting raw nic...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 344,59164,76398,524181,688498,826624,803662,113 Change from Prior Reporting Period 9,1685,85533,1194,69120,61346,97859,587 Traders 20283815755290196 Small Speculators LongShortOpen Interest 65,37828,068690,181 -239-12,84846,739 non reportable positionsCha...Read More
The US stock markets have surged to all-time-record highs, fueled by extreme Fed easing. It jawboned about rate cutting, slashed rates, and birthed a new large-scale Treasury monetization campaign! All this has left traders hyper-complacent, assuming the upside will continue indefinitely. But are these lofty stock levels fundamentally-justified? The big US stocks' just-reported Q3'19 r...Read More
By: Ira EpsteinGold - how far low can it go?Read More
Typical gold and silver price movement after Diwali. Gold and silver have always formed short term peak around Diwali. Irrespective of the news, history has repeated itself. I will prefer to use sharp dips to invest for next year. Long term investment is good at current price. Short term investors and very short term traders need to remain on the sidelines. Physical demand and investment demand...Read More
Dear Rich Lifer,October has come and gone: the leaves have changed, Halloween is behind us, and winter is speedily approaching. If you happen to live, or own a home in an area that is prone to snow, ice, and freezing temperatures in the winter, then it is time to start preparing your home for the coming cold.While winterizing your home may not be the most exciting task, doing so is crucial. Many o...Read More
PRIVATE BLOG - Gold for Nov 8th, 2019Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
Alasdair Macleod, Head of Research at GoldMoney returns to Finance & Liberty to declare that THE FED IS STUCK ACCELERATING MONETARY INFLATION, due to an ACUTE FAILURE OF THE MONETARY SYSTEM. Alasdair also gives us a report on the UK situation on the ground with the Brexit from the EU, and what it means for the Euro and the USD. He further answers YOUR viewer questions about BOND REPOS, "Not QE," t...Read More
Former Treasury Dept. official Dr. Nouriel Roubini has warned central banks around the world they will be unable to fix the world's economy by simply printing more and more money. Former presidential candidate and US Representative Dr. Ron Paul (R-Texas) joins Rick Sanchez to weigh in. He argues that "when you destroy the currency you destroy the middle class" and that overdependence on government...Read More
About 45% of the movie's budget was provided by foreign distribution deals, Starlight Media Chief Executive Peter Luo said. Continue...Read More
The United States has both a debt and deficit problem, driven by years of overspending and unfunded promises made by politicians of both parties to pay for war, health care and retirement benefits to current and future seniors. Their solution to the problem is simply going more into debt. There is only one way this kind of thinking ends. Are you prepared?David Morgan is a world-renown precious met...Read More
"If anyone-we work to ensure that... no one approaches or has-shows hostile intent to our forces, and if they do, our commanders maintain the right of self-defense."Continue...Read More
"I think it was generally believed that the access point or potential access point to WikiLeaks was Roger Stone...I was led to believe he had a relationship with WikiLeaks and Julian Assange."Continue...Read More
Should real rates rise, then gold's fair value would fall. That would boost the premium for the wrong Continue...Read More
Nov 11, 2019 Guest(s): Peter Hug Global Trading Director, Kitco Metals From a macroeconomic perspective, several of the longer-term problems that would be bullish for gold will likely manifest in 2020, including a recession and an escalation of the trade wars tensions with China, this according to Peter Hug, global trading director of Kitco Metals. "From a physical perspective, if you're an inve...Read More
Silverplunged on Tuesday, just as it was likely to afterthe triple reversal that we’ve been writing about, and it was decliningstrongly during Wednesday’s pre-market trading. And then it all changed. Silversoared before the U.S. markets opened and the white metal ended the session inthe green. We definitely saw a silver reversal. But, was it significant and canit be trusted?Wedoubt tha...Read More
This morning in pre-market the Amigos’ futures charts update the macro story……which goes something like this… Copper, the cyclical Amigo (weekly chart) has furthered the intermediate trend line break we noted on October 25th. This is in line with the rally in US and global stock markets and even more so, the global macro reflation theme. It does not look so impressive ye...Read More
As it has done with cobalt, graphite and rare earths, China appears to be locking up the nickel market. Nickel’s top producer, Indonesia, in early September decided to accelerate a scheduled ban on ore export shipments, from 2022 to January 1, 2020. The ban which instead took immediate effect on Oct. 28, is to encourage the building of domestic smelters instead of exporting raw nic...Read More
BAR has remained resilient since the Fed pushed the "easing pause" button on October 30.This is principally because the market was not convinced that this rate cut would be the last. Our "buy on the dips" strategy was therefore not deployed.Although we contend that gold's spec positioning looks stretched on the long side, there are other offsetting buying forces in the gold market, which should pu...Read More