Sector expert and money manager Adrian Day discusses resource firms that he covers, including two major producers, one royalty company and one exploration company. Gold bars Newmont Goldcorp Corp. (NEM:NYSE, $39.30)has underperformed this year, largely due to concerns surrounding the acquisition of Goldcorp, which closed in April. Many Newmont shareholders believe the company overpaid for bad ass...Read More
The yieldcurve has inverted.It suggests that we are about one year before the recession. How should theyellow metal behave in such a period? We invite you to read our today’s articleand find out how gold is likely to behave in the pre-recession world. The yield curve has inverted. If its strong predictive power of the recession remains intact –in the previous part of this report, we pr...Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Coming up we’ll hear some very interesting comments from a first-time guest, Jeffrey Christian of the CPM Group. Jeff talks about who’s been buying gold, and who hasn’t been – at least not compared to levels of a few years ago, tells us why they’ve moved up their price forecasts for gold and silv...Read More
StrengthsThe best performing metal this week was silver, up 2.03 percent. Gold came in second place, up 1 percent. Inflows into ETFs backed by gold have hit 1,000 metric tons since holdings bottomed in early 2016. Bloomberg data shows that total known ETF holdings rose to 2,424.9 tons on Wednesday, which is the highest since 2013. Goldman Sachs predicts that the price of the yellow metal will cl...Read More
Dear Rich Lifer,We're coming to the tail end of summer. For some that means the long awaited start of Autumn. For others of us, it means that it's time to think about heading to a more tropical destination. I want to shine some light on common travel myths that are likely costing you more money than you think.According to travel research app Hopper, domestic flight prices have a tendency to rise t...Read More
Dear Reader,Wall Street is a scam.I've said it probably a thousand times. It's something I know from experience. Over the past 15-plus years, I've tried just about every investing strategy in existence.I've run a hedge fund that was successful. I ran a fund of hedge funds, which means I've probably analyzed the track records and strategies of about 1,000 different hedge funds.I've written several...Read More
Aug 27, 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
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
RV sales are crashing at a year-over-year rate of 20% below sales for the same period last year. 2017 was the peak thus far and 2018 sales were 4% lower. Hence, this year's crash Continue...Read More
In this video we opine on the Gold CoT and why conventional CoT analysis can lead you astray without the help of technical and fundamental analysis.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated inv...Read More
The yieldcurve has inverted.It suggests that we are about one year before the recession. How should theyellow metal behave in such a period? We invite you to read our today’s articleand find out how gold is likely to behave in the pre-recession world. The yield curve has inverted. If its strong predictive power of the recession remains intact –in the previous part of this report, we pr...Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Coming up we’ll hear some very interesting comments from a first-time guest, Jeffrey Christian of the CPM Group. Jeff talks about who’s been buying gold, and who hasn’t been – at least not compared to levels of a few years ago, tells us why they’ve moved up their price forecasts for gold and silv...Read More
China understands the difference between the German mercantilist model of manufacturing and sells to everyone else and the United States which became the largest economy in Continue...Read More
Gold has drawn a lot of attention lately with its recent strong upward swing. But where it goes from here is what must subscribers are asking.Let's look at the driving factors.About 78% of all the gold mined is used for jewelry and industrial applications.The remaining 22% is used in financial applications. Gold, when priced in U.S. dollars, tends to move in the opposite direction to the greenback...Read More
I explain how ransomware attacks have increased across the United States by a large margin since 2017 when NSA created hacking tools were released to hackers.Read More
Brien Lundin is the editor of the Gold Newsletter and CEO of the New Orleans Investment Conference (Nov 1-4, 2019). In this episode Brien shares regarding why gold is freedom and how gold might be re-instituted as legal currency in America. He addresses whether he foresees the USA entering a recession. Brien also talks about how to play the mania phase of the current gold stock bull market. And he...Read More
Interest rates don't even have to be negative to make a mess in the era of "Secular Stagnation."Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade...Read More
Gold has picked up where it left off on Friday. The safe-haven metal has spiked $20 higher above $1,550 in early Asian trading. It is now near the top-end of the short-term trend channel and the RSI is overbought, but the fundamental drivers of the price advance appear to be accelerating.Silver is also rallying strongly, up 30 cents to $17.70. This represents a gain of 1.7% vs. gold at 1.3%. The s...Read More
Gold has drawn a lot of attention lately with its recent strong upward swing. But where it goes from here is what must subscribers are asking.Let's look at the driving factors.About 78% of all the gold mined is used for jewelry and industrial applications.The remaining 22% is used in financial applications. Gold, when priced in U.S. dollars, tends to move in the opposite direction to the greenback...Read More
Gold has picked up where it left off on Friday. The safe-haven metal has spiked $20 higher above $1,550 in early Asian trading. It is now near the top-end of the short-term trend channel and the RSI is overbought, but the fundamental drivers of the price advance appear to be accelerating.Silver is also rallying strongly, up 30 cents to $17.70. This represents a gain of 1.7% vs. gold at 1.3%. The s...Read More