John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a freq...Read More
Central banks cut interest rates, then they printed money. What will they do next to keep global economies from imploding? Richard Duncan joins Robert & Kim to discuss the next moves that central banks are prepared to implement.Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Booksc...Read More
The purchase expands the holdings of its principal project there. Megastar Development Corp. (MDV:TSX.V) announced in a news release it entered an agreement to acquire, through its subsidiary Minera Mazateca, the entire Cerro Minas mineral concession from Gunpoint Exploration for $100,000 and 800,000 common shares. The concession, which consists of 899 hectares of surface area, is in Mexico on th...Read More
Accordingly, the company continues an expanded, aggressive stepout drill program there. Gatling Exploration Inc. (GTR:TSX.V; GATGF:OTCMKTS) connected two of its three deposits at its Larder gold project in Ontario, it announced in a news release. "These results mark an important milestone for our drilling program," Nathan Tribble, vice president of exploration, said in the release.The link betwe...Read More
Drilling is about to start at one of the company's projects and continues at the other two. Liberty's Goldstrike ProjectLiberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) provided in a news release an update on its three past-producing gold properties in the United States' Great Basin: Black Pine, Goldstrike and Kinsley.At Black Pine in southern Idaho, drill results have repeatedly returned thick, high-gr...Read More
In January 1980, the price of silver peaked at just under $50.00 per ounce. From its low in October 1971 at $1.27, silver had risen thirty-nine fold in little more than eight years.There was talk about higher silver prices, as much as $100.00 per ounce and more. Yet, only a few months later, silver was down to $10.00 per ounce. That amounted to a decline of nearly eighty percent from its peak.Silv...Read More
Crude oil bounced from its yesterday’s lows, and the oil bulls rebuffed another attempt to move lower earlier today. Does that mean that the upswing can continue now, or a cautious approach would win the day? In yesterday’s Alert, we wrote the following:Crude oil moved higher last week, especially on Thursday and Friday. This rally was in tune with the clear buy signals from the CCI an...Read More
Gary Christenson, The Deviant InvestorThe music died many times in the past. To name a few:1929 Market crash1933 President Roosevelt confiscates citizen gold and declares it illegal to own more than a few ounces.1971 President Nixon "closed the gold window" and severed the last link between the devaluing dollar and gold.1987 Stock market crash2000 Stock market and "dot-com" crash2008 Stock marke...Read More
By: Ira EpsteinGold weekly chart 18-Weekly MA near $1,469. Gold bias yesterday went to the downside. Under the 18 day moving average, 1474 area support..Read More
Investors are preferring stock over gold. This has resulted in the correction and not a bear rally. Bear rally will be there if gold does not break $1466 by 15th November. I will prefer to remain on the sidelines in gold today. I will still prefer to use crashes of $100 and more in silver (if any) to invest for the long term. Day traders have to remain on the sidelines in silver. Trump impeachme...Read More
A few weeks ago, we talked about a recent offer that I received in the mail - one that promised a dirt-cheap trip to Kauai for two hours of my time.It was a good deal, but as I mentioned in that article, I was just in Kauai less than a year ago, so it wasn't some must-do thing.Meanwhile, I'm in Italy right now - taking my mom and daughter across the country from Rome to Venice.Based on these littl...Read More
Oct 18, 2019 Guest(s): Jon Lamb Portfolio Manager, Orion Resource Partners Silver has been lagging gold, but if gold can hold current price levels, then the white metal can start to outperform, this according to Jon Lamb, portfolio manager of Orion Resource Partners. "I think silver takes off if gold continues to stabilize at these levels, I think you'll see more interest in silver. Gold miners...Read More
Oct 18, 2019 Guest(s): Joe Mazumdar Co-editor, Exploration Insights With gold prices having climbed higher this year, investors have flocked to senior producers instead of the juniors, favoring steady cash flow over speculation and this trend may shape miners' priorities going forward, this according to Joe Mazumdar, co-editor, Exploration Insights. "I think the majors have changed mindset think...Read More
President Donald Trump's decision to pull back U.S. troops from their positions in northeast Syria, which he announced on October 6, has provoked a virulent outcry against himContinue...Read More
In January 1980, the price of silver peaked at just under $50.00 per ounce. From its low in October 1971 at $1.27, silver had risen thirty-nine fold in little more than eight years.There was talk about higher silver prices, as much as $100.00 per ounce and more. Yet, only a few months later, silver was down to $10.00 per ounce. That amounted to a decline of nearly eighty percent from its peak.Silv...Read More
Crude oil bounced from its yesterday’s lows, and the oil bulls rebuffed another attempt to move lower earlier today. Does that mean that the upswing can continue now, or a cautious approach would win the day? In yesterday’s Alert, we wrote the following:Crude oil moved higher last week, especially on Thursday and Friday. This rally was in tune with the clear buy signals from the CCI an...Read More
Stewart Thomson 1. For silver, all roads probably lead to the $22-$25 area. For gold, all roads likely lead to $1600-$1800. There could be significant bumps in these roads, probably involving time more than price.2. Please click here now. Double-click to enlarge this silver chart.3. Silver looks stronger than gold, but gold is also looking very solid, from b...Read More
By: Ira EpsteinGold swing lines: lower highs and lower lows. Bollinger support $1478, near swingline..Read More
Strong earnings reports from UnitedHealth and J.P. Morgan Chase boosted investor sentimentThe Dow clocked a 237-point win today, boosted by a few major wins early in the earnings season. Bank stocks, specifically, took center stage, as JPMorgan Chase (JPM) got a boost on its record-breaking revenue. Fellow blue chip UnitedHealth (UNH) posted numbers that sent the insurance stock gapping higher, wh...Read More
Both ANF and M have run up to historically bearish trendlinesWhile earnings season kicks off this week, there's also retail sales data due out tomorrow, putting Abercrombie & Fitch Co. (NYSE:ANF) and Macy's Inc (NYSE:M) in the cross-hairs. The two retail stocks have made outsized moves in the past week, and both ANF and M now running up to trendlines with historically bearish implications.Loo...Read More