Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 334,38358,82053,301167,755478,697555,439590,818 Change from Prior Reporting Period 11,5835,013-5,1984,70511,95911,09011,774 Traders 21469785451292175 Small Speculators LongShortOpen Interest 61,51826,139616,957 98229812,072 non reportable...Read More
Gold investment demand was strong in the months following gold's decisive breakout to new bull-market highs in late June. The metal's upside momentum fueled big capital inflows, accelerating its gains. But soon after gold's upleg stalled, so did the investment buying. With stock markets still near record highs, the normal portfolio-diversification motive for owning gold is lacking. Thu...Read More
By: Ira EpsteinGold has been stuck for a week and a half trading around the 18-DMA..Read More
Do not believe in Trump on the trade deal. Let there be a trade deal and the details made public. Then only gold will fall. Till there is a confirmation of a trade deal, I will prefer to use a buy on sharp dips strategy for gold and silver. Intraday volatility will rise in gold and silver. Traders and investors are used to one way price moves. It seems they do not like wider range trading. I hav...Read More
If you're over 50, chances are the decision to retire won't be yours.A new data analysis by ProPublica and the Urban Institute found that more than half (56%) of U.S. workers over 50 have been fired, forced to retire early, or pushed out of their jobs before they were ready to retire.What's more, one third of these pushed-out workers go on to be fired from two or more jobs before leaving the workf...Read More
Oct 14, 2019 Guest(s): Gary Wagner Gold prices should be targeting as high as $1,650 to $1,700 an ounce by the first quarter of next year, but fundamental events need to be pushing the yellow in the right direction, this according to Gary Wagner, editor of thegoldforecast.com. "A lot of it has to do with fundamental events and the biggest one of course is whether or not they resolved the trade...Read More
Rick Rule, president and CEO of Sprott U.S.A. Holdings, Inc., calls in to discuss the outlook for precious metals and offer suggestions on the best ways to invest.1:26 A word from Lord Liverpool5:30 Rick's view of cryptocurrencies10:57 How to buy gold?14:30 The outlook for mining shares20:48 "I just believe it goes higher"James "Jim" Grant is an American writer and publisher and the founder of Gra...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
"Don't listen to their words, but do as they do. Follow the money."If you've been hesitating before starting to accumulate gold & silver as a hedge against serious financial risk to your family, you might appreciate knowing that for the past several years and continuing today, the major banks of the world have been doing just that for themselves.Jeff Clark, Senior Precious Metals Analyst at GoldSi...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
Yesterday we hazarded a defense of free trade. Here was the rock of our argument:A free man - even an American - enjoys the right to purchase his wares at the lowest price he can obtain them.That is, we stood upon "that right which man has to purchase his sustenance where he can obtain it cheapest."But today we vacate the defense counsel's table. Instead we don the black robe... and take our impar...Read More
By: Ira EpsteinGold $1,515 a problem for gold. $1,540 level resistance area. Market in a stall..Read More
Lack of alternate investment avenues and fear of more recession has resulted in investors flocking to gold and silver. Even bitcoin and other crypto currencies are selling off. Investors and traders have not choice but to invest in gold and silver. Currency markets are not very volatile. Traders invest in investment instruments which are highly volatile. Gold and silver are highly volatile apart...Read More
President Trump and Vice Premier Liu plan on meeting tomorrow, per TwitterThe Dow finished roughly 150 points higher today, extending yesterday's gains on a statement from President Donald Trump that he would meet with Chinese Vice Premier Liu He on Friday, strengthening optimism over an eventual trade deal. This sentiment was buoyed by a report that the Trump administration may be prepared to loo...Read More
SDC stock slipped into single-digit territory for the first time ever earlierIt's been a terrible week for SmileDirectClub Inc (NASDAQ:SDC) stock, which is headed toward its fourth straight loss today -- down 8.3% at $10.06, and earlier sinking into single-digit territory for the first time ever. While one short seller is targeting even more downside for the teledentistry stock, today's options tr...Read More
New Gold publishes Q3 production numbers.Rainy River and New Afton are set to reach their full-year guidance.The fourth quarter will come with lower grades at both mines, leading to higher costs.Updated life of mine plans are postponed to Q1 2020.New Gold (NGD) has just published its third-quarter production numbers, providing investors with a chance to look at how the company's two mines are perf...Read More
Canada-based cannabis name Hexo said regulatory delays are holding up store rolloutsThe U.S. stock market is climbing today on positive U.S.-China trade updates. Not all of the day's action is to the upside though, with the weed sector taking a hit on Hexo Corp (NYSE:HEXO) headwinds, and pot stocks Cronos Group Inc (NASDAQ:CRON) and Tilray Inc (NASDAQ:TLRY) taking notable dives. Here's a closer lo...Read More
Gold futures held their ground above the key $1,500 mark by Thursday's settlement, but posted their lowest finish in more than a week after President Donald Trump said he plans to meet with Chinese Vice Premier Lui He on Friday as the world economic powers hold their first day of talks in Washington, D.C. "Big day of negotiations with China. They want to make a deal, but do I? I will meet with th...Read More
Gold futures held their ground above the key $1,500 mark by Thursday's settlement, but posted their lowest finish in more than a week after President Donald Trump said he plans to meet with Chinese Vice Premier Lui He on Friday as the world economic powers hold their first day of talks in Washington, D.C. "Big day of negotiations with China. They want to make a deal, but do I? I will meet with th...Read More
Technical data is bullish for ABT and BSX Rummaging through our recent technical studies here, courtesy of Schaeffer's Senior Quantitative Analyst Rocky White, we noticed two healthcare stocks flashing bullish signals. Namely, Abbott Laboratories (NYSE:ABT) and Boston Scientific Corporation (NYSE:BSX) are near moving averages that historically have resulted in nice near-term returns. As such, let'...Read More