Sector expert Michael Ballanger draws connections between nefarious non-native species in the natural world and in the world markets. Invasive species: Any kind of living organism an amphibian (like the cane toad), plant, insect, fish, fungus, bacteria, or even an organism's seeds or eggs that is not native to an ecosystem and causes harm. They can harm the environment, the economy, or even huma...Read More
The company's Q2/19 operational and financial results are reviewed in a BMO Capital Partners report. In an Aug. 8 research note, BMO Capital Markets analyst Andrew Kaip reported that AngloGold Ashanti Ltd. (AU:NYSE; ANG:JSE; AGG:ASX; AGD:LSE) is "well positioned for the remainder of 2019."He explained that "increasing production and demonstrated free cash generation in Q2/19 have set the stage fo...Read More
The terms of the financing package and the company's plans for the rest of 2019 are described in an Echelon Wealth Partners report. In an Aug. 8 research note, Echelon Wealth Partners analyst Ryan Walker reported that Pure Gold Mining Inc. (PGM:TSX.V; PUR:LSE) negotiated a $90 million financing package with Sprott Resource Lending to fund development of an underground mine at the explorer's Madse...Read More
GoldStrength Dominates the MarketsThe recent rally in Gold has been hardto ignore. The yellow metal is certainly showing a lot of strength. But unlikeprior rallies, the current one stands out in several ways.For starters, Gold is trading atrecord levels against four of the seven major currencies. Looking at just spotGold against the dollar does not represent just how strong Gold is at themoment. B...Read More
Copper is a fairly strong measure of the strength and capacity of the global economy and global manufacturing. Right now, Copper has been under quite a bit of pricing pressure and has fallen from levels above $4.50 (near 2011) to levels near $2.55. Most recently, Copper has rotated higher to levels near $3.25 after President Trump was elected on November 2016, yet has recently fallen a...Read More
The inversion of the yield curve is of crucialimportance as it has historically been one of the most reliable recessionarygauges. Consequently, we invite you to read our today’s article about the historyof the yield curve inversions and find out whether the recession is coming, andwhat does it mean for the gold market. We keep our promises. In the previous edition ofthe Market Overview, we p...Read More
What a wild week it’s been forinvestors. The threat of global trade wars andcurrency wars sparked big swings across all major asset classes. Bond yields dove toward historic lows. Stocks plunged earlier in the week beforerebounding sharply by Thursday. Andprecious metals rode a huge safe-haven wave higher.Gold prices eclipsed the $1,500 levelon Wednesday for the first...Read More
All important factors are finally putting tremendous pressure on the USDollar. The weak economy will result in lower interest rates, thus more downward USD pressure. The enormous USGovt debt will result in further bond dumps in addition to trade settlement outside the USD, thus more downward pressure. The resentment for threatened hot wars, trade wars, economic sanctions, and SWIFT obstructions...Read More
Aug. 9th, 2019(S14-E708)Featured GuestsDr. Stephen Leeb &Arch CrawfordPlease Listen HereInterview RecapArch Crawford, head of Crawford Perspectivesfor 42 consecutive years rejoins the show.Arch's analysis indicates "the best gold buying opportunity in several years... add positions NOW!."If the recent breakout holds as expected, "... the upside could carry gold above $2,000-$3,000+." Slowing...Read More
David HaggithOh my gosh, what a load of BULL I keep reading among the gurus who whine about negative headlines and complain that this unmerited negativity is the only thing that is killing the bull market. Bull.The bellowing bulls cry every time someone runs a negative headline, "Stop, you're breaking our bull market with your negativity. That is the only reason it is going down." The real truth...Read More
By Avi GilburtThe Fed. The China trade deal. The House of Representatives impeachment proceedings. The Iranian aggression. North Korea firing missiles. Slowing growth in the world economy. As you can see, there are many issues worrying investors today. And, as the market moves up and down through these large gyrations these last two weeks, one excuse is paraded out after another.When the market...Read More
America has been gripped with violence for decades. While this is nothing new, the large number of mass shootings in 2019 is part of a growing trend over the last five to ten years. While some politicians seek to exploit every tragedy to push their own agendas, political gridlock prevents much of anything from being done on the national level. The Babylon Bee published a humorous graph illustratin...Read More
QUESTION: Hi MartyCan you enlighten us on what happened back in history to gold mining shares in terms of why shares did not collapse during the crash of 1929 compared to what happened to mine shares in 2008?What happened to the shares held by the public in 1933 when FDR confiscated gold?So you were safe holding the shares!GGANSWER: You must realize that gold was money under the gold standard. Yo...Read More
Aug 13, 2019 Guest(s): Anthony Scaramucci Former White House Communications Director Gold is a near-term safe haven asset, said Anthony Scaramucci, but the hedge fund manager and former White House Communications Director sees potential in other assets on a longer-term basis. "It's a near-term safe haven but long-term it really doesn't solve people's problems," Scaramucci told Kitco News. "I wou...Read More
Currency wars are leading to record gold prices all over the world. Will it soon be time for gold priced in U.S. dollars to shine?John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eu...Read More
China's shock currency devaluation last week begs the following questions: Is China a rising giant of the twenty-first century poised to overtake the United States in Continue...Read More
Markets are still digesting last week's Chinese devaluation that sent the Dow crashing over 700 points last Monday. And as everyone knows by now, the Trump administration Continue...Read More
We haven't seen anything like this since the Great Depression of the 1930s. Leading up to this year, farm incomes had been trending lower for most of the past decade, and meanwhile farmContinue...Read More
China's shock currency devaluation last week begs the following questions: Is China a rising giant of the twenty-first century poised to overtake the United States in wealth and military prowess? Or is it a house of cards preparing to implode?Conventional wisdom espouses the former. Yet, hard evidence suggests the latter.Your correspondent in the world famous Long Bar on the Bund in Shanghai, Chin...Read More
Markets are still digesting last week's Chinese devaluation that sent the Dow crashing over 700 points last Monday.And as everyone knows by now, the Trump administration labelled China a currency manipulator.The ironic part of it is that China has been manipulating its currency to strengthen it against the dollar.Here's the dynamic you need to understand…The Chinese yuan is softly pegged to...Read More