Trade tensions, Hong Kong, global growth concerns and geopolitical tensions are all affecting gold Continue...Read More
Bob Moriarty of 321 Gold explains why he believes the financial outlook is dismal and discusses a handful of resource companies that are on his radar. Maurice Jackson: Joining for us for a conversation is Bob Moriarty, the founder of 321Gold and 321Energy. Glad to have you back on the program and long overdue, I might add, sir. We have a number of topics to address, so let's get right to it. Earl...Read More
Bob Moriarty of 321 Gold discusses this company's exploration efforts at its Nevada gold project. I first talked about Blackrock in March of last year. They had done a deal with Carl 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 int...Read More
This time is different. This is what the expertssay. The inversion of the yield curve did a great job in predicting recessionsin the past, but the current inversion is not like the previous. The predictivepower of the yield curve has weakened, so it does not signal the recession.This is what the pundits claim. We invite you to read our today’s article andfind out whether the experts are righ...Read More
Last week we wrote that near-term risk in precious metals (Gold and GDX especially) was rising and a correction could begin soon. As Gold nearly reached major resistance at $1550/oz, the miners already began to correct. That negative divergence is an ominous signal for the sector in the short term.However, the good news is, at least at present, Gold remains very strong in real and intermarket...Read More
What happens when the world’s biggest miners run out of gold? We already know. We’ve already hit peak gold, and the only companies sitting on promisingnew reserves are the junior miners. The big miners are scrambling for more gold, and merger mania has takenhold. Large-cap miners are doing three things at record pace: They’re merging with other major miners (think Newmont/G...Read More
StrengthsThe best performing metal this week was palladium, up 1.88 percent, despite hedge funds cutting their net bullish positions to a 10-week low. Gold bulls outnumbered the bears in the weekly Bloomberg survey of traders and analysts for a second week as the metal notches a third weekl...Read More
"A severe depression like that of 1920-21 is outside the range of probability." The Harvard Economic Society, Nov. 16, 1929 "In an economy that is overleveraged to historic proportions, economic stimuli will not do the trick." Kenneth Eade, American attorney, environmental and political activist, author political and legal thrillers, from Terror on Wall Street, a Financial Metafiction Novel; b....Read More
- Jordan Roy-Byrne CMT, MFTALast week we wrote that near-term risk in precious metals (Gold and GDX especially) was rising and a correction could begin soon. As Gold nearly reached major resistance at $1550/oz, the miners already began to correct. That negative divergence is an ominous signal for the sector in the short term.However, the good news is, at least at present, Gold remains very st...Read More
Avi GilburtSo, as the bulls pat themselves on the back for holding all the way down last year for a 20% draw down so that they can "enjoy" the rally we got in 2019, I hope they don't hurt their arms and shoulders from all their back-patting. But, they may be in for a dose of realism when they realize that the market has now been completely flat for the last twelve months.Allow me to show you a...Read More
By: Ira EpsteinGold monthly showing the breakout higher, weekly upside bias with 18 week MA nearing $1,400 with momentum up..Read More
Are rates on the Ten-Year Note finally bottoming? Quite possibly, according to technical indicators that we monitor closely. T-Notes touched a low last week of 1.47% after plummeting almost relentlessly from 3.49% last November. GDP was running at around 3% back then, and almost no one other than a few hardcore deflationists, your editor among them, saw rates on the Ten-Year falling below 2%....Read More
The talk of financial markets is about negative mortgage rates and its impact on global growth. Let's be straight, mortgage rates are linked to bond yields. Investors have the habit of factoring excess be it growth or recession. Assets prices these days are all about AI (artificial intelligence) powered momentum. Most of us make heavy losses when the investment we made starts reversing. Winners...Read More
"Don't Look Back. Something Might Be Gaining on You."MMT or the Magic Money TreeA Fundamental Change in the US/China RelationshipBone-Penetrating ExhaustionMontana and Back to Puerto RicoI am back from my 14th annual Maine fishing camp and the mood was decidedly different this year. The private event at Leen's Lodge is generally called Camp Kotok in honor of David Kotok of Cumberland Advisors w...Read More
Aug. 16th, 2019(S14-E709)Featured GuestsGerald Celente &Bill MurphyNote: Guest order via seniority.Please Listen HereInterview RecapBill Murphy of GATA.org returns with GATA.org's latest report on the stunning 3 month PMs rally.Once silver breaches $21 is breached, the next leg could send silver sky-high.The cost of living relative to typical domestic income per capita has increased sharply.T...Read More
The US Dollar is a dead duck, emerging economic superpowers don't trust the US or each other, gold will play a major role going forward, and the financial collapse of 2007-2009 was the start of the REAL Great Depression, which is just getting started, according to Doug Casey.Best-selling author, world-renowned speculator, and libertarian philosopher Doug Casey of InternationalMan.com and CaseyRese...Read More
"I am pleased to welcome back Dr. Hawk Sawyer as the Director of the Federal Bureau of Prisons. Under Dr. Hawk Sawyer's previous tenure at the Bureau, she led the agency with Continue...Read More
Four Chicago Teachers Union representatives went to Venezuela, a failed nation, singing praises of its corrupt leader.Continue...Read More
Precious Metals are correcting now. Here's what you should do and what you should not do.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 investor, as well as TheDailyGold Global, an add-on service fo...Read More
Aug. 16th, 2019(S14-E709)Featured GuestsGerald Celente &Bill MurphyNote: Guest order via seniority.Please Listen HereInterview RecapBill Murphy of GATA.org returns with GATA.org's latest report on the stunning 3 month PMs rally.Once silver breaches $21 is breached, the next leg could send silver sky-high.The cost of living relative to typical domestic income per capita has increased sharply.T...Read More