Jordan Roy-Byrne CMT, MFTALast week was another strong one for the precious metals sector. Gold gained a whopping $51/oz or 3.5%. The gold stocks (GDX, GDXJ) advanced by roughly 6%. Silver gained 4%.Momentum in the sector began to build once Gold surpassed resistance at $1420-$1425/oz. We had noted the lack of resistance from $1425 to $1525-$1550/oz. Gold has not reached $1550/oz yet but as it...Read More
Captain EwaveGOLD: Short Term Update Short Term Update: In the overnight session we moved lower early to reach a low of 1499.40, but gold has now surged up to the 1520.00 level! On the intraday chart the drop from 1522.40 to the current low of 1499.40 looks to be a small corrective pattern. If it is complete at the 1499.40 low then gold is now heading above the 1522.40 level....Read More
SRSrocco While the gold and silver prices have broken out higher, precious metals investors are wondering if the rally will continue throughout the rest of the summer. Since the beginning of June, gold has gone up $250 while silver has increased $3. Gold is now trading above $1,500 for the first time since 2013 and silver has finally penetrated a key resistance level held for the past six y...Read More
August 13th, 2019,Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V: NEE)(OTC Nasdaq Intl.: NHVCF)(the "Company" or "Northern Vertex") is pleased to announce gold and silver production totaling 3,299 gold equivalent ounces (3,001 oz gold and 22,383 oz silver) during the month July at the Moss Gold Mine, located in Northwest Arizona.Kenneth Berry, President and CEO, states: "We are plea...Read More
By: Ira EpsteinGold's 18-DMA moving higher, today in the $1460's. Gold show bullish signs: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
Poor Jeffrey Epstein. While very few people are mourning his death, everyone is suspicious. His passing was extremely convenient for many of the world's most wealthy and powerful individuals. Kind of like a Lee Harvey Oswald moment in history.10 year treasury yields have fallen below 2 percent. It's a neon sign flashing recession. And that could happen very quickly. But at least if you're a borrow...Read More
Max interviews Egon von Greyerz of GoldSwitzerland.com about the $15 trillion in negative yielding bonds and what it means for the gold markets going forward. Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser inven...Read More
"When we sign up for Google, we shouldn't be signing away our core constitutional rights."Continue...Read More
The FBI and NYPD agents tried to hide their activities once they spotted the drone by holding up cardboard and blankets to the windows. Continue...Read More
The trends are more clear and bullish on stocks today, and may get clearer on gold quite soon. But this could be it for gold.Continue...Read More
Tuomas Malinen, PhD (econ.) CEO of GnS Economics Limited and Adjunct Professor of Economics at the University of Helsinki, calls in to express his concerns with modern theory and practice.2:00 Applying scientific principals to economics6:24 Groupthink in action13:10 Central banks and intellectual dissent15:20 MMT: the endgame17:32 Investment implicationsJames "Jim" Grant is an American writer and...Read More
'There is no barrier for U.S. Treasury yields going below zero. Zero has no meaning, beside being a certain level.'Continue...Read More
The warden of the Metropolitan Correctional Center (MCC) where Jeffrey Epstein died has been temporarily reassigned to the Bureau's Northeast Regional Office by Attorney General Continue...Read More
Tariffs will go ahead on Sept 1st but tariffs on some products (including cellphones, game consoles, Continue...Read More
Gold was up big Tuesday morning before the UST made an announcement saying they will be postponing certain tariffs on specific Chinese goodsContinue...Read More
We strongly advise metals investors to read the "Ahead of the herd" site regularly. It is very educational and informative. Readers will find the site loaded wtih facts and information with a sharp insight into the mining industry. Views on the metals are the priority but there are regular in-depth opinions on currencies, interest rates, central banks activities among several topics. Analysis and...Read More
One of the partners provides a project update. MAG's Juanicipio JV ProjectMAG Silver Corp. (MAG:TSX; MAG:NYSE A) provided, in a news release, Q2/19 highlights regarding Juanicipio, its joint venture project with Fresnillo."This was a landmark quarter for MAG," the corporation's President and CEO George Paspalas said in the release. Regarding Juanicipio, both companies approved the mine developmen...Read More
The company aims to better delineate and potentially expand the deposit. Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTC; 35D:FSEQB) started the 2019 diamond drill program at its Wicheeda rare earth elements project in British Columbia, it announced in a news release.The goal of the campaign, expected to take about six weeks, is to better define and possibly expand the Wicheeda deposit to update the...Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Coming up David Morgan of The Morgan Report joins me to break down the recent move in the metals, explains why he believes the move is a result of something no one is talking about – and he also gives us some key levels for silver, as it looks to gather strength from here. So don’t miss another must-hear conversat...Read More