Several articles by others recently have pointed out the apparent inconsistency of the US dollar’s action relative to the price of gold. For example, over the past year the US dollar Index has continued to strengthen, while gold has also risen in price.That would seem to indicate that the US dollar’s value is not a primary factor in determining the price of gold. As we have said, thoug...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 362,60965,77154,297148,866482,672565,772602,740 Change from Prior Reporting Period 10,31513,4709,04715,45813,01434,82035,531 Traders 23459765659316170 Small Speculators LongShortOpen Interest 70,41133,443636,183 6,5565,84541,376 non report...Read More
An intriguing paradox is evident, whereby the USDollar continues to rise despite the global economic recession. In fact, it can be argued that the USDollar is rising in the past several months, because of the global recession. On a worldwide basis, the economy is struggling badly, especially in the West. Worse still, without a doubt, the rising USDollar is destroying the individual economies of...Read More
Avi GilburtPersonally, I love trading metals and have been doing so for quite some time. In fact, the best trade of my entire career was in silver many years ago. But, the one thing that we commonly see in the complex is that when the market strikes a top, it most often spikes into and then strongly reverses at that top as a culmination signal. Thus far, I have not seen that in the metals....Read More
Gary Christenson, The Deviant InvestorLike living in quiet desperation, holding on with our fingertips, scared we are losing our grip on the slippery mountain, on reality, on what little control we possess... central banks and governments are desperate.Some are doing well, unless they worry the Jeffery Epstein fiasco will implicate them. But for many, it's desperation, insecurity and debts.Centr...Read More
By: Ira EpsteinLabor day weekend.. lighter volume expected. The gold market shows its 18-week moving average nearing $1,400. The Daily chart shows resistance around $1,560 on DEC-gold price. Support on 18-day moving average, $1,522+Read More
Gold and Bitcoin are becoming correlated for the first time in historyStocks in the US are beyond overvaluedThe Fed may ease monetary policy furtherThe US Dollar is losing reserve currency statusGold continues hitting record highs against major fiat currenciesSafe-haven assets are seeing massive capital inflows. This has been forecasted for a long time by many people, including GSB and its readers...Read More
QUESTION: Marty,living in Europe where the talk about the elimination of cash is loud I am asking myself what is planned for foreign currencies, e.g. USD, one holds in cash at home? They can ?t forbid it because foreign exchange is needed for traveling.Even when they forbid it, there must be the possibility to change them to the new “national cryptocurrency” at the official exchange ra...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
For Part 1 of this interview, CLICK HEREMax continues his interview with Craig Hemke of TFMetalsReport.com about gold markets and how negative interest rates, hyperinflating at the rate of $1 trillion per week, will impact fiat currencies. Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metal...Read More
"If you think you are a victim of intentional misconduct by TSA agents, you can now have your day in court." Continue...Read More
"The government today said rashly embarking on political reform again will further polarize society, which is an irresponsible act," the government news.gov.hk website stated.Continue...Read More
David Morgan, widely followed strategic commodities analyst, known as "The Silver Guru," and founder of the Morgan Report, returns to Reluctant Preppers to offer his studied opinion on the validity and nature of the recent breakout in gold & silver. Morgan also answers YOUR viewer questions on the gold & silver markets, gold vs. silver bullion, collectibles, platinum, energy, and preparedness!Davi...Read More
Although the U.S. plans to withdraw troops, President Trump recently stated that he U.S. will keep troops in Afghanistan indefinitely. Continue...Read More
The trade war is beginning to have a real impact on U.S. businesses and consumer behavior. Continue...Read More
The Critical Investor details the exploration of a joint ventured copper deposit in Saskatchewan. Janice Lake copper project, Saskatchewan, Canada; Source: Mining.com/Transition Metals Corp.1. IntroductionAs a pure play uranium explorer since 2004, things looked increasingly grim after Fukushima happened in 2012 for Forum Uranium. After years of struggling, CEO Richard Mazur decided together with...Read More
A report had come in to the police department about the video and they were told Nate was a threat. After showing the videos to the police officers and Continue...Read More
"If/when there is an economic downturn, that will produce serious problems in ways that are analogous to the ways that the confluence of those three influences produced serious problems Continue...Read More
The country that controls the supply of this resource has the same control that oil powers had in the mid-twentieth century. Every other country in the world must do their bidding.Continue...Read More
Gold gained 6% last month; however, silver was able to gain double digit's with a monthly price advance of 11%.Continue...Read More