Wall Street knows it, and wealthy investors know it, too: Fear sends gold soaring.And right now, there’s so much fear floating around the market that gold isback on everyone’s radar.But what most investors don’t know, is that gold can be bought at deep discounts.Gold is soaring closer and closer to $1,500 per ounce right now…But imagine you could get your hands on it for j...Read More
Jordan Roy-Byrne CMT, MFTAIn our most recent editorial we concluded by observing a few positives in the gold and silver stocks. W concluded with: "Their performance over the weeks ahead could give us an early hint as to how much longer the correction will last."Fast forward another week and a few positives has morphed into a handful of positives. First let's look at GDX. In the chart below we p...Read More
StrengthsThe best performing metal this week was platinum, up 2.61 percent, followed closely by palladium, up 2.39 percent. Both platinum and palladium experienced strong demand as hedge funds pushed their net-long positions to five and three-week highs, respectively. Gold traders and analysts were mostly bullish in the weekly Bloomberg survey due to renewed concerns over a trade deal between...Read More
RambusI've been holding off on writing this Weekend Report for the US stock markets until I got just a little more confirmation that the next impulse move higher is underway. Last weeks price action is strongly suggesting that the nearly 2 year consolidation phase is drawing to a close. Lets say I'm seeing some green shoots sprouting up in many different areas of the markets.Most investors rely...Read More
What are we to make of Wall Street's exuberance on Friday over news concerning a U.S. economic expansion that refuses to die? Employers are hiring, consumers are spending and business is humming despite a dramatic economic slowdown in Asia, Europe, South America and elsewhere. Perhaps America really is an economic island, one blessed with unstinting support from a central bank that has finally s...Read More
Nov 05, 2019 Guest(s): Maxime Guilbault Partner, PWC Quebec is named the fourth best mining jurisdiction in the world by the Fraser Institute, and miners in the area have just seen the beginning, this according to Maxime Guilbault, partner at PWC. "I think we've just seen, I won't say the tip of the iceberg, but there's more. All the mines that have been developed, around those mines, in Abitibi...Read More
Liberty has yet to win out over increased security despite the ineffectiveness of each and every such tradeoff to date.Continue...Read More
When David Stockman spoke at our IES conference in October, he had a whole slew of charts that showed that the main street economy had nothing to do with the Wall Street one - and thatContinue...Read More
Bill Murphy is a financial commentator and the chairman and director of the Gold Anti-Trust Action Committee (GATA), which was founded as a result of Murphy's essays on collusion among large financial institutions to suppress the price of precious metals. He also runs a paid subscription service called Le Metropole Cafe. Murphy believes the price of gold is artificially low and has spent years lob...Read More
Wall Street knows it, and wealthy investors know it, too: Fear sends gold soaring.And right now, there’s so much fear floating around the market that gold isback on everyone’s radar.But what most investors don’t know, is that gold can be bought at deep discounts.Gold is soaring closer and closer to $1,500 per ounce right now…But imagine you could get your hands on it for j...Read More
Nov 06, 2019 Guest(s): Cal Everett President, CEO & Director, Liberty Gold With gold prices at $1,500 an ounce and most junior exploration companies still not getting capital from investors, what's needed is not another gold price rally but a major exploration in North America to bring investors back into the space, this according to Cal Everett, CEO of Liberty Gold. "It usually takes a world-cl...Read More
"No policy disagreement with him, no matter how heartfelt, justifies undermining the lawful authority that is vested in his office by the Constitution...What's at stake is not PresidentContinue...Read More
Nov 07, 2019 Guest(s): Felix Lee President, PDAC The mining sector may experience even less financing activity into 2020, but certain mining juridictions appear to be booming, this according to Felix Lee, President of the Prospectors & Developers Association of Canada (PDAC). "We're at a crossroads. By that we mean, we're in a bit of a strange place. We've seen over the last couple of years,...Read More
LONDON, 4 November 2019 - Comment from BullionVault features in a gold-price report posted today on MSN, the web portal and news-site run by I.T. giant Microsoft.Weighing against gold right now are rumours of a US-China trade deal, plus the US Federal Reserve "talking up a 'pause' in its rate cuts" MSN quotes Adrian Ash, director of research at BullionVault.But global economic growth is weakening...Read More
LONDON, 4 November 2019 - Comment from BullionVault leads today's gold-price update from US investing news-site MarketWatch."Hopes of a trade deal keep making headlines," says Adrian Ash, director of research, but slowing global growth and falling interest rates are "keeping a solid bid under gold."Read Adrian's full comment at MarketWatch here:Gold ends lower as the U.S. stock market rallies but...Read More
LONDON, 4 November 2019 - Comment from BullionVault features in a gold-price report posted today on MSN, the web portal and news-site run by I.T. giant Microsoft.Weighing against gold right now are rumours of a US-China trade deal, plus the US Federal Reserve "talking up a 'pause' in its rate cuts" MSN quotes Adrian Ash, director of research at BullionVault.But global economic growth is weakening...Read More
By: Ira EpsteinGold's monthly, higher highs, higher lows... bullish, DEC-Gold: $1555-1560 resistance. We remain over the 18-week m.a., $1481.20. GDX = 28.18 a very important number next week.Read More
Mike GleasonPrecious metals markets enter November's trading with bulls eying a potential year-end rally.Gold and silver prices did manage to post gains on Wednesday and Thursday after the Federal Reserve announced a quarter point rate cut. But the Fed followed up its move with language suggesting interest rate policy is now on pause.News Anchor #1: The Federal Reserve cut the benchmark rate by...Read More
Illustrations for these remarks are posted here:http://gata.org/files/NOIC-2019-Slides-11-01-2019.pdf* * *Remarks by Chris Powell, Secretary/TreasurerGold Anti-Trust Action Committee Inc.New Orleans Investment ConferenceHilton New Orleans Riverside HotelFriday, November 1, 2019Since we gathered here a year ago the gold and silver markets feel much stronger.The central bank-instigated smashdowns...Read More
By: Ira EpsteinGold's monthly, higher highs, higher lows... bullish, DEC-Gold: $1555-1560 resistance. We remain over the 18-week m.a., $1481.20. GDX = 28.18 a very important number next week.Read More