"The problem is the gap between this year and last year is huge. It's like 50% increase in the amount of selling that has to be done."Continue...Read More
"It offers institutional investors a competitive alternative to traditional gold products such as gold ETFs, with the additional benefits of real-time trading and settlement enabledContinue...Read More
Fundamental factors are still in place to push gold prices up, but momentum will not be sustained without price corrections along the way, this according to Peter Hug, global trading director of Kitco Metals."If you use tthe argument based on our global debt, [gold bulls are] right, gold should be higher than where it is at $1,500 and I think the day will come when gold will surpass the 2011 high,...Read More
Sector expert Michael Ballanger's take on this week's news from the financial markets informs his most recent investment decisions. It's a funny thing that happens when the stress of financial insolvency bubbles up to the surface. Decisions once considered "routine" (like brushing one's teeth or walking one's dog) suddenly have life-or-death outcomes, complete with cold sweats, sleepless nights...Read More
As the correction in gold stocks continues and as it’s likely to endure for the time being, we take a step back and share some tips for selecting individual junior gold companies.The current correction may provide the last chance to buy before the bull market in Gold is confirmed and capital pours into the junior sector and pushes up prices.Here are three of our best tips to help you spot th...Read More
If you look at the manufacturing data only, the relative strength of the jobs figures surprised. Another positive development were the upward revisions for August and July. The unemployment rate again dropped, this time to 3.5 percent. What will that mean for the Fed and gold?September Payrolls Slow Down, but Unemployment Rate Drops AnywayThe U.S. created only 136,000 jobs in September, following...Read More
1. It is led by institutions and funds, not private investors. Global quantitative easing created a huge and mobile pool of capital in constant need of a place to call home. As the need for a safe haven became apparent among the stewards of that capital, the demand for gold flourished. The consistent presence of funds and institutions as buyers in this rally, as represented by the growth in...Read More
By Daniel R. Amerman, CFAAs can be seen in the graph below, there is an almost uncanny similarity between housing prices at the 2006-2007 peak, and current home prices.The biggest difference is that current home prices are substantially higher. Should we be worried about a repeat scenario - and another six year decline in home values?This analysis explores in detail the similarities between 2006...Read More
Dave KranzlerThe Bank for International Settlements (BIS) - the Central Bank of Central Banks - released two reports on "unconventional policy tools" - e.g. QE/money printing and interest rate suppression. It concluded that the extreme Central Bank interference since 2008 has had a negative impact on the way in which financial markets function.While Jerome Powell and his "Gang That Couldn't Sh...Read More
SRSrocco The rate at which black swans are showing up in the world should scare the hell out of people. But, unfortunately, everyone seems to be lost in the highly complex technology of I-phones, computers, social media, and the telly to notice that something is definitely wrong. The current situation reminds me of a famous scene in the Monty Python movie, The Holy Grail, where a guy is ba...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
I've had the "timeshare debate" with my mom several times. She has friends - including money-savvy ones - with properties, and I know at least one is trying to unload at the moment, too.About $8 billion worth of timeshares are sold in the U.S. each year. And it's easy to understand how folks fall for the allure of basically buying a hotel room.Let's say it's the dead of winter … ice, snow, s...Read More
Is there a nationalist case for free trade?That is the question we tackle today, as our thoughts turn to trade…United States and Chinese trade officials are presently huddled at Washington.Talks had also been scheduled for Friday. Markets took fright yesterday when it appeared China's negotiators would back away this evening.But this morning the president announced he will meet with China's...Read More
By: Ira EpsteinGold lower highs with lower lows, can gold get above $1525.8? Who is controlling the markets?Read More
High chances that there will not be a trade deal between USA-China will result in gold and silver trading with a bullish bias. Trade war between USA-China and USA-Rest of the world, will only rise if there is no trade deal this week. Gold and silver will zoom to $1600 and $1900 as a result. Keep a close watch on Syria. Turkey is trying to take over the Kurdish region of Iraq and Syria. Russia is...Read More
A Bloomberg report said China would be open to a partial trade deal The Dow reversed some of this week's earlier losses, tacking on 181 points on a promising report from Bloomberg that said China is open to striking a partial trade deal on the condition that President Donald Trump doesn't impose additional trade tariffs. This news was a boon for tech stocks, with Apple (AAPL) stoking the fire with...Read More
The brokerage firm thinks the gun stock is attractively pricedThe U.S. stock market is soaring today on positive U.S.-China trade buzz. Among individual stocks making big moves is travel name American Airlines Group Inc (NASDAQ:AAL), gun maker American Outdoor Brands Corp (NASDAQ:AOBC), and steel producer United States Steel Corporation (NYSE:X). Here's a quick roundup of what's moving the shares...Read More
Plus, Dave & Busters options are attractively priced at the momentThe shares of Dave & Buster's Entertainment Inc (NASDAQ:PLAY) are down 0.6% to trade at $40.74 today. Amidst a relatively quiet session though, PLAY's typically quiet options pits have come to life, with a strong slant toward calls. With around two hours left in trading today, more than 2,600 calls have changed hands today, double...Read More
Gold futures ended higher on Wednesday to post their first gain in four sessions, as traders kept an eye on U.S.-China tariff negotiations, developments around Brexit and economic data. "Investors remain tense ahead of the U.S.-China trade talks later this week," said Han Tan, market analyst at FXTM. "The outcome from the upcoming negotiations in Washington may well dictate whether gold will remai...Read More