On Friday, the ECB made a surprise announcement about a 20 year old gold sales agreement.Europe's central banks ditch 20-year-old gold sales agreement https://www.reuters.com/article/europ...This is similar to how the London Gold Pool ended: https://en.wikipedia.org/wiki/London_...The Gold Cartel: Government Intervention on Gold, the Mega Bubble in Paper, and What This Means for Your Future by Dim...Read More
"Our work shows that gold is now more important than the drug trade for the survival for the Maduro regime," Continue...Read More
"I think that China will probably say, 'let's wait...When I win, like almost immediately, they're all going to sign deals."Continue...Read More
Precious metals became overbought and a correction is in order.Continue...Read More
(Kitco News) - The current monetary system is broken, and the economy may be worse before it gets better, said former congressman Ron Paul. "It's a system that isn't workable, and this is the reason why getting out of this recession hasn't been so good. We got into it because there was too much spending, too much regulation, too much printing money and too much alteration of interest rates," Paul...Read More
Bob Moriarty ArchivesJul 27, 2019The U.S. Global GO GOLD and Precious Metal Miners ETF (NYSE: GOAU) just had its two-year anniversary at the end of June, and since inception, the fund has absolutely obliterated its main competition.GOAU delivered a remarkable 41% since inception through July 24, crushing the hugely popular VanEck Vectors Gold Miners ETF (GDX) and VanEck Vectors Junior Gold Miners...Read More
Adam HamiltonArchivesJul 26, 2019 Silver has blasted higher in the last couple weeks, far outperforming gold. This is certainly noteworthy, as silver has stunk up the precious-metals joint for years. This deeply-out-of-favor metal may be embarking on a sea-change sentiment shift, finally returning to amplifying gold's upside. Silver is not only radically undervalued relative to gold, but investors...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Nasdaq and S&P 500 hit an all-time intraday highs and record closes Friday as Google parent Alphabet (GOOGL - Get Report) jumped after beating earnings expectations. Alphabet is Real Money's Stock of the Day. U.S. gross domestic product, the broadest gauge of economic activity, fell to 2.1% in the second quarter from the first-q...Read More
Gold futures for August delivery on the Comex division of the New York Mercantile Exchange inched up 0.1% to $1,415.25 a troy ounce by 1:13 AM ET (5:13 GMT).The yellow metal was under some pressure earlier in the day after data showed new orders for durable goods in the U.S. rose by more than double the forecasts for June.Core capital goods orders also beat expectations by much more than expected,...Read More
In this episode of the Keiser Report, Max and Stacy discuss the mainstream financial press turning to the metaphors and analogies the Keiser Report started using a decade ago about the obvious black hole of debt that would put central bankers into a quicksand of negative rate policy trap. A full 25% of global sovereign debt is now negative yielding with a whopping 85% of German debt negative. This...Read More
The U.S. Global GO GOLD and Precious Metal Miners ETF (NYSE: GOAU) just had its two-year anniversary at the end of Continue...Read More
Before we discuss these incredible trade setups in the Energy sector, we have to discuss the continued shifting global economy and how that relates to these setups. Nearly three weeks ago, we posted a research article suggesting Crude Oil would call to levels near $50 over the next 30+ days, then stall for about 45 days before falling further and potentially attempting new low...Read More
Gold rose to a six and a half year high in euros at €1,288/oz yesterday prior to giving up the gains as it succumbed to profit taking in volatile trading during and after the ECB meeting. Gold in Euros – 10 Years – GoldCore.comGold spiked to its highest level since 2013 in response to the more dovish ECB policy statement. It then quickly changed course following the release of upb...Read More
"I don't know why the Bureau of Prisons put Epstein in a jail cell with a cop that killed four people and buried them in his back yard. Epstein should have been in solitary confinement under watch. So, whoever made that decision, it was a complete error in judgment, if not intentional. That should not have happened in the first place."There is free information and analysis on Kevin Shipp's website...Read More
China is developing underwater drones that look exactly like sharks, the military analysis site South Front reports, based on new photos out of a Beijing military expo.Continue...Read More
It only took the robbers about 3 minutes to pull off one of the largest heists in Brazil's historyContinue...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 311,88160,63156,198175,785463,624543,864580,453 Change from Prior Reporting Period 2,346-3,4037,764010,43110,11014,792 Traders 22064915963316189 Small Speculators LongShortOpen Interest 72,99536,406616,859 4,84916714,959 non reportable positionsChange fro...Read More
By: Avi GilburtLast weekend, the important point of note was that silver had basically run out of room. It had a series of 1's and 2's set up for it to "melt up," but it had to do so rather soon. Well, this past week, I would say that silver finally followed through and it took it directly to the level at which I noted on the chart was our next major resistance level. In fact, we were almost...Read More
Gold futures finished Friday in positive territory, following the first estimate of second-quarter U.S. gross domestic product, which indicated the economy was healthy but slowing and might still warrant an interest-rate cut by the Federal Reserve. August gold on Comex GCQ19, -0.06% added $4.60, or 0.3%, to settle at $1,419.30 an ounce, after the metal finished 0.6% lower on Thursday, marking its...Read More