The Critical Investor digs into what the proposed joint venture means for this junior project generator. Despite being a hybrid prospect generator, meaning self-funding projects and also being funded by joint venture (JV) partners, Avrupa Minerals Ltd. (AVU:TSX.V; AVPMF:OTC; 8AM:FSE) has finally succeeded in signing a nonbinding letter of intent (LOI), on Oct. 1, for a nice JV deal on its Alvala...Read More
Silver is definitely cheap. By almost any standard of measurement, the price of silver is cheap. It is cheap relative to gold, it is cheap compared to its recent peak in 2011, and it is cheap historically. For some, that apparently means that silver is a bargain, too. I’m not so sure. Those who tell us silver is cheap relative to gold say that silver’s price is likely to rise higher,...Read More
By Andy Hecht : Starting and June and through the beginning of September, gold and silver prices were back in bullish mode. Gold rose to its highest price since 2013 and silver to its peak since 2016. The nearby gold futures contract traded up to a high at just under $1560 per ounce. Silver peaked at just under $19.54. Markets rarely move in a straight line, and corrections can be healthy for bull...Read More
This year at AOTH we have tackled a number of reasons for gold and silver’s rise, aiming to explain “in layman’s terms” what is behind the seemingly relentless move upward - despite the trend-busting reality of a high US dollar. We’ll get to that further down this article, but for now, we are summarizing all that we know about why now might be, in our opinio...Read More
"It came with a speed and ferocity that left men dazed. The bottom, simply fell out of the market... The streets were crammed with a mixed crowd agonized little speculators, sold-out traders... inquisitive individuals and tourists seeking ... a closer view of the national catastrophe...Where was it going to end?" account of stock market crash in the New York Times, October 1929 "In this age...Read More
Dave KranzlerOn October 4th, as I expected would happen, the Fed announced that it was extending its overnight and term repo operations out to November 26th (the November 12th two-week term repo matures on the 26th).The Fed added 7 more 2-week "term repos, " plus a 6-day "term repo," with the next three operations upped to $45 billion. It extended the overnight repos until at least November...Read More
StrengthsThe best performing metal this week was gold, up 0.51 percent. Gold traders and investors are positive on future gold prices in this weeks' Bloomberg survey. For the first time in a month the gold bulls outnumbered the combined bearish and neutral responses. ETFs added 39,919 troy ounces of gold to their holdings on Thursday, marking the 14th straight day of inflows, according to Bloomb...Read More
COLORADO SPRINGS, CO, Oct. 07, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE - Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced its Isabella Pearl gold mine, located in Mineral County, Nevada, has reached commercial production levels. This commercial production announcement is based on mining rates, ore placement on the heap leach pad, mining and process costs, p...Read More
By: Andy HechtStarting and June and through the beginning of September, gold and silver prices were back in bullish mode. Gold rose to its highest price since 2013 and silver to its peak since 2016. The nearby gold futures contract traded up to a high at just under $1560 per ounce. Silver peaked at just under $19.54. Markets rarely move in a straight line, and corrections can be healthy for bul...Read More
Avi Gilburt, Elliott Wave TraderAs the media highlights the potential impeachment process in the coming weeks, many are so concerned that this will be the "cause" of the market drop we are expecting. Yet, history suggests otherwise.The narrative will certainly play out as follows: The market likes certainty and stability within our government. (Please ignore that this was the same reason many cl...Read More
Dear Friend of GATA and Gold:Our friend C.W. wrote this week:"After reading recent commentaries noting that the U.S. Justice Department and Commodity Futures Trading Commission are overlooking the long-term suppression of the gold price while indicting individual traders for spoofing the gold and silver futures markets, I wondered why the authors did not acknowledge a simple likely explanation."...Read More
The Dow Industrials ended the week with an 800-point Whoopee Cushion bounce that recouped two-thirds of a 1300-point loss suffered days earlier. The swoon, exhilarating as it may have seemed to traders, will do little to brighten an economic picture that has gone from boom to gloom since mid-summer. One might think that the dark cloud of recession over China and Europe would have caused investor...Read More
By: Ira EpsteinGold's short-term trend is lower, finding support at the 18-week moving average..Read More
Editor's note: People are irrational creatures. And perhaps never more so than when it comes to the stock market. Today, eccentric former hedge fund manager James Altucher shows you the key to capitalizing on that irrationality.Dear Reader,Our brains are messed up. Daniel Kahneman, the Nobel Prize winning economist, calls the ways we are messed up “cognitive biases.”Our cognitive biase...Read More
According to the Employee Benefit Research Institute (EBRI), home and home-related expenses are the single largest spending category for older Americans.It's understandable then to be tempted to pay off your mortgage if you are retired or getting closer to retirement.Before you do that, though, there are four questions you should ask yourself to make sure it's the best move for you.Question #1: Wh...Read More
If you think vending machines are just for candy and soda, think again.Whether you're in need of a fresh slice of pizza, a new pair of running shoes, or refill on your glass of Mo?<
Owning a rental property can be a great investment.Especially if the neighborhood you buy in is growing fast, there's lots of demand and not a lot of supply, and your tenant also happens to be a nun.But that's almost never the case. In fact, I've heard, and seen, some horror stories.Drug dealing tenants, mice, bed bugs, holes through drywall, backed-up toilets...you name it.I'm telling you this no...Read More
Retirement is an exciting thing to look forward to, but it does come with its own set of challenges when it comes to preparing for this next step in life. Once you retire; most likely, you will have to live on a fixed income. This can be an adjustment for many people, but with the right frame of mind, you'll be able to prepare for any unexpected expenses.According to the U.S. Bureau of Labor Stati...Read More
Did you know retirement ranks 10th on the list of life's 43 most stressful events?I have to say, I was a little surprised.If you're not familiar with the Holmes and Rahe Stress Scale, it was invented in 1967 as a way for doctors to predict whether certain stressors in a patient’s life could increase their risk of serious illness.Two researchers by the name of Thomas Holmes and Richard Rahe c...Read More
Oct 08, 2019 Guest(s): George Milling-Stanley Chief Gold Strategist, State Street Global Advisors Gold is going a lot higher from current levels, and the momentum in gold-backed ETF inflows offers support, this according to George Milling-Stanley, Chief Gold Strategist at State Street Global Advisors. "If you remember the last time we had significant speculative money coming into the market was...Read More