In 3rd grade, my teacher had a sign up at the front of the class which read:PUT BRAIN IN GEAR BEFORE ENGAGING MOUTHThis made an impression upon me as a 3rd grader. Yet, many adults have yet to learn this lesson.It seems that every single analyst that you read regarding the gold market parrots the exact same thesis: If the dollar rises gold falls, and if the dollar falls gold rises. This is the fir...Read More
Over the past few weeks and months, we’ve been alerting our followers to the incredible setups in Natural Gas and Crude Oil. If you’ve been following our research, you already know on May 21st we called for Oil to break down from $62 level with a target of $55 then $49 price levels. We’ve been alerting that Natural Gas was setting up an incredible seasonal trade with...Read More
July nonfarm payrolls came in line with expectations, confirming the strength of the U.S. labor market. So far so good. With the markets more focused now on the escalation of the trade war triggered by Trump’s tweet on Thursday., she stock market plunged while gold rallied. Can the upcoming news take gold higher still? July Payrolls in Line with ExpectationsThe U.S. created 164,000 jobs in J...Read More
We are currently at an important point of the economic cycle. The end or peak of debt-based assets, and the significant appreciation of real assets like gold and silver.An example of the last time we were in a similar position is the late 70s. The Dow was at or near peak levels after a multi-decade bull market, while gold and silver was in the midst (or end) of a consolidation (or correction).The...Read More
- Gary Christenson, The Deviant InvestorBreaking News: COMEX paper gold contracts closed on Wednesday, August 7, at $1,513, up from $1,274 on May 22. Gold bottomed at $1,045 in December 2015. The S&P 500 Index closed at a new all-time high on July 26.Gold closed at its highest price since 2013.Read: Silver Prices - The Next Five YearsWhat Happens Next?We don't know. Gold has disappointed for...Read More
By: Ira EpsteinBig violent Summer trading day in the general markets. Bonds getting ahead of themselves? 1% US 10-Year Note yields... 0% yields?Gold took off last Thursday, 18-DMA now $1,445 and rising, bias is up:Read More
By Avi GilburtIn 3rd grade, my teacher had a sign up at the front of the class which read: PUT BRAIN IN GEAR BEFORE ENGAGING MOUTHThis made an impression upon me as a 3rd grader. Yet, many adults have yet to learn this lesson.It seems that every single analyst that you read regarding the gold market parrots the exact same thesis: If the dollar rises gold falls, and if the dollar falls gold r...Read More
Gold is over brought and needs to break and trade over $1540 to start another wave of rise. Silver has a massive technical congestion between $1730-$1775. Silver needs to break and trade over $1730-$1775 zone for the rest of the month to rise to $1932 and $2100. Chances of sharp correction will be very high as long as silver does not break $1775. One step at a time for silver bulls. One should u...Read More
August 8, 2019 - Vancouver, BC - It is with profound sadness that ATAC Resources Ltd. ("ATAC") announces the passing of Julia Lane, its Vice President of Exploration. Julia and 24 year old Shawn Kitchen, the pilot of the Alkan Air flight, were casualties in a fatal aircraft accident on August 6, 2019. The C208 Caravan aircraft, operated by Alkan Air of Whitehorse, was lost during a routine service...Read More
Aug 09, 2019 Guest(s): Mark Cuban Owner, Dallas Mavericks "I hate gold. Gold is a religion," Mark Cuban, owner of the Dallas Mavericks, told Kitco News in an exclusive interview at the Three Sharks In A Castle Symposium. "I do not see it as an alternative to currency." Cuban said that while there may be some fundamental value to gold, "everything else is a collectible," he said, adding that gold...Read More
San Diego police officers have used streetlamp video surveillance in at least 140 cases and sometimes as frequently as 20 times a month.Continue...Read More
Plans to expand rent control in California took the next step this week after Democratic Gov. Gavin Newsom announced his support for capping annual rent increases.Continue...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
Click to enlarge chartA Pittance for GeniusThe late John Scarne, one of the world great experts on gambling, once wrote a treatise explaining why you can't win at three-card monte. That's the game where a grifter lays three playing cards on a makeshift table, instructing you to follow the queen. He turns them face-down, flipping the queen over now and then to make it easier for you to keep tra...Read More
By: Ira EpsteinGold's 18-DMA now above $1,440+ Read More
There are new danger signals from bonds and gold for stock market bulls. Prudent investors would be wise to understand them. Let's explore the issue with the help of two charts. Charts Please click here for an annotated chart of iShares 20+ Year Treasury Bond ETF TLT, -0.20%. Please click here for an annotated chart of S&P 500 ETF SPY, -0.68%. For the sake of transparency, this chart was pre...Read More
U.S. stocks on Wednesday mustered modest gains following a dramatic turnabout, with all three key equity benchmarks recovering from losses of at least 1% which were partly driven by signs that global economic growth was slowing as the U.S. - China trade war intensifies. How did benchmarks perform? The Dow Jones Industrial Average DJIA, -0.34% finished 22.45 points lower, or less than 0.1%, to 26,...Read More
The Dow still finished in the red, thoughDespite heavy early selling and more weakness in Treasury yields, U.S. stocks managed to pare a large chunk of their losses by the close today, with the S&P 500 and Nasdaq rallying all the way back to finish the day in positive territory. The Dow traded down almost 600 points at its session lows, as fears about the health of the global economy kept buyers o...Read More
Maxar and Weight Watchers both got a boost after earningsStocks are lower again today, as traders fret over sinking bond yields. Three stocks bucking the broad-market trend, however, are Oprah affiliate WW International Inc (NASDAQ:WW) -- formerly known as Weight Watchers -- and biotech issue Paratek Pharmaceuticals Inc (NASDAQ:PRTK), as well as space technology concern Maxar Technologies Inc (NYS...Read More
Since 1950, August has been the worst performing month for the stock market, giving back 0.05 percent on average, according to LPL Research.Borrowing by the U.S. government is now on track to exceed $1 trillion for the second straight year.According to FactSet, firms that generate more than half of their revenues overseas have seen their bottom line plunge as much as 13.6 percent quarter over quar...Read More