* Investors await Fed minutes on Wednesday, cenbanks' summit * Silver up 1% to trade above $17; Palladium hits 2-wk high * Spot gold may test support at $1,483 per ounce - techs * GRAPHIC-2019 asset returns: (Updates prices)By Brijesh PatelAug 20 (Reuters) - Gold rose back above $1,500 an ounce onTuesday, rebounding from the previous day's sharp losses asinvestors switched focus to the minutes of...Read More
Bob Moriarty ArchivesAug 20, 2019I firsttalked about Blackrock in March of last year. They had done a deal withCarl Pescio on what they call the Silver Cloud gold project. The project is next to the high-grade Hollister Gold Mine and near the high-grade Midas mine in Northern Nevada.The district is well known for bonanza grade intercepts in vein systems. 8,000 meters of prior drilling fifteen year...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comAug 20, 2019 More powerful money managers are stepping forward to recommend gold in a negative real rates environment. Please click here now. The focus of these elite money managers and analysts is mainly on bullion. Many of the more speculative junior miners that trade on the CDNX have ye...Read More
David Haggith Let me help remove the rose-colored glasses for anyone who still thinks GDP this year is good. First, GDP growth in the first quarter was not "great" as I've heard some claiming. It was, by US historical standards, mediocre. Second, the biggest tax cuts in history only got us down to 2.9% GDP growth for 2018. GDP growth had been pegged originally around 3.1%, but that was revised...Read More
- Clint SiegnerThe world has truly entered uncharted waters with negative interest rates spreading so far and wide. Frank Holmes, CEO of US Global Investors, recently noted that a whopping 25% of all bonds sold globally now carry a negative yield. "Investors" are even buying some "junk" rated bonds which will repay the bearer less than purchase price upon maturity. Now European banks, who ha...Read More
By: Ira EpsteinGold in a drift. Long-term, nothing bearish. The miners are different..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
The global economy is about to collapse into a depression worse than that of the 1930s, and its roots are deeper than trade wars, this according to Gerald Celente, publisher of The Trends Journal. "It's one big scam, it's ready to blow apart, it has almost nothing to do with trade wars and tariffs," Celente told Kitco News. The "Greatest Depression," as Celente calls it, will likely strike after t...Read More
The word "recession" has been thrown around a lot lately, putting many investors on edge. Robert Shiller, professor of economics at Yale University and co-founder of the Case-Shiller Index, and CNBC's senior markets commentator Mike Santoli, join "Squawk Box" to discuss the best metrics of investor sentiment.Robert Shiller is an American economist, academic, and best-selling author. He currently s...Read More
Frank says gold is definitely in an uptrend and discusses how the global PMI manufacturing index peaked last year. The PMI index has a pretty good correlation with economic activity, commodities, and energy. The trade war has exacerbated the decline in the PMI.Thirty percent of all government bonds around the world are going negative. We are due for a recession and governments are merely trying to...Read More
The "conspiracy" surrounding Mr. Epstein's death continues to get weirder and weirder. Continue...Read More
People are convinced that an INVERTED YIELD CURVE foretells of a recession. They have no idea about capital inflows. Even in Thailand, which has benefited greatly from theContinue...Read More
Continue...Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has se...Read More
Consider this chart of the SPX (S&P 500) over the past two years: take a look at the relative steepness of each of the red lines (rallies), the duration of each rally (purple lines), theContinue...Read More
"It is simply not possible to prepare for such tests in a few weeks or a few months. This ...shows that it was not Russia, but the United States with its actions that brought theContinue...Read More
The gold-silver ratio is expected to come down in the next few months, with silver outperforming gold, said Todd Horwitz, chief strategist of BubbaTrading.com."I've think we've got a big run coming, I think it's going to narrow that range in gold, I don't think gold's going down. I think silver is going to finally outperform gold over the next two to three months," Horwitz told Kitco News. Read More
James Kwantes of Resource Opportunities profiles an explorer with projects in British Columbia and Chile.Speculating in junior mining equities is a dangerous and sometimes extremely lucrative game. Some of the key qualities that lay the groundwork for shareholder value creation in an exploration play are:Serially successful managementHigh-quality projectsStable jurisdictionsThe right commodity, at...Read More
Money manager Adrian Day explains why he is a believer in holding royalty company shares in a bull market. There is a common perception that the royalty and streaming companies are defensive in a bear market, but that you don't want to own them in a bull market since they lack leverage. We disagree, and think the major royalty companies should continue to form cornerstones of a precious metals po...Read More
Resource Maven Gwen Preston describes how leadership and a promising project in British Columbia translates to a compelling option for investors. The thing about experience is it lets you see current situations in context opportunities are more apparent when you've gone through the experience before. Libero Copper Corp. (LBC:TSX.V:, LBCMF:OTCQB) was established in 2016 for exactly this reason. A...Read More
Sector expert Michael Ballanger compares safe harbor on the water to safe harbor in the financial and precious metals markets."Destroyers seize gold and leave to its owners a counterfeit pile of paper."- Ayn RandTwelve days ago, we were forced by gale force winds to seek safe harbor in the lovely northern Ontario town of Britt, located on the north shore of the Magnetawan River, approximately fift...Read More