* GRAPHIC-2019 asset returns:* LME nickel stocks touch lowest since January 2013 (Adds closing prices)By Zandi ShabalalaLONDON, July 23 (Reuters) - Nickel slipped on Tuesday andanalysts said prices that were still near one-year highs for themetal used to make stainless steel were not supported by mostfundamentals.Benchmark nickel on the London Metal Exchange (LME)ended 0.9% lower at $14,170 per to...Read More
(Adds details)MILAN, July 23 (Reuters) - Italy's depositor protection fundon Tuesday kicked off a 900 million euro rescue process fortroubled bank Carige via the conversion of around 313million euros ($350 million) of a bond into shares.Genoa-based Carige, weakened by decades of mismanagement, risks collapse as a result of bad loans accumulated duringItaly's recession that followed the global fina...Read More
Plenty of choices when it comes to gold ETFs.The Perth Mint rolls out its new product.A competitive expense ratio.Timing is everything.Gold continues to shine.Gold traded in a $331.30 range from 2014 through June 2019. After the June Fed meeting, the price broke out to the upside and was trading at over $1425 per ounce on Friday, July 19. The Perth Mint opened in 1899 after the discovery of gold d...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average wavered before ending higher Monday as investors prepared for a week of earnings reports and tried to read the Federal Reserve's thinking on whether it will to slash interest rates by 25 basis points or 50 basis points. Shares of Walt Disney (DIS) rose after the media giant's "The Lion King" took in $18...Read More
Bob Moriarty ArchivesJul 23, 2019Liberty Gold is one of those companies whose future is pretty easy to see. It’s part of the stable of Mark O’Dea who soldLong Canyon to Newmont for $2.3 billion at the top of the last cycle.After the sale of Fronteer to Newmont, the non-core assets were spun off into another company. Two of the projects were in Turkey. Liberty has been trying to do some...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJuly 23, 2019 At McDonald’s restaurant, customers can “supersize” their food orders.Can gold supersize its awesome 2019 price action? Well, please click here now: Double-click to enlarge. The technical action on this gold chart is spectacular! Gold has formed a massive p...Read More
Jordan Roy-ByrneIt was a huge week for the gold stocks. GDX gained nearly 7% while GDXJ surged over 10%. Gold hit $1450/oz after Thursday before selling off Friday. Silver met the same fate on Friday but managed to close the week up over 6% and at a new 52-week high. Let's take a look at the current technicals.Gold closed the week just below $1427/oz. If it remains above $1420-$1425, then it i...Read More
Expected interest rate cuts by all the central banks is supporting gold at the moment. European central bank is expected to cut interest rates in September. Trade war theme is still there. In short, all the factors are bullish for gold. Investment demand is on the rise with passing of each week. Economic growth news will be the key. Measures (other than interest rate or different forms of quan...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
Join Mike Maloney for a follow up from last week's video on the extreme event occurring in silver. You'll see the level of accumulation has only struck these levels before twice since 1969...what does it all mean?Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world'...Read More
Links to slides and sources: https://www.itmtrading.com/blog/digit...Question 1. Frank S: What will happen during the reset with all the digital gold contracts that exceed the amount of physically available gold? Will we see one price/market for physical bullion and another price/market for digital gold contracts? How will this market separation be visible for us?Question 2. Les M: When is enough...Read More
Max talks to Chris Martenson of PeakProsperity.com about the choice between 'greatness and oblivion' in our environmental and economic policies going forward. They also discuss whether or not the U.S. can go negative on their sovereign debt yields and still retain its reserve currency status. Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcas...Read More
Former Dallas Fed advisor Danielle DiMartino Booth and NatWest Markets managing director Michelle Girard give their take on the booming national debt and whether the Federal Reserve should lower interest rates.Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic cons...Read More
For the past several months, Nick Santiago has been bullish on gold. Now that bullishness is expanding to silver, where he believes the returns will be severals times the eventual returns in gold. He believes that everyone needs to join this bandwagon now, before it's too late. Inflation is about to again rear its ugly head and those who don't prepare for it will face many difficulties. No one sho...Read More
James' new book is available for pre-order on Amazon and Barnes & Noble: Aftermath: Seven Secrets of Wealth Preservation in the Coming Chaos.Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds...Read More
"It could go either way, and I'm OK either way it goes."Continue...Read More
"Before Trump became president, she was a longtime advocate for free trade, but after he became president, she supported his administration's trade war with China."Continue...Read More
Prices moves in gold, silver and platinum are highly correlated.Continue...Read More
In this interview with Maurice Jackson of Proven and Probable, Jayant Bhandari presents his world view and discusses how it meshes with investment in the precious metals markets. Maurice Jackson: Joining us for a conversation is Jayant Bhandari, the founder of the world-renowned Capitalism and Morality seminar, and a highly sought-out advisor to institutional investors. Mr. Bhandari, welcome to t...Read More
The Critical Investor takes a look at recent news from this Nevada explorer, including the success of its recent oversubscribed CA$1.1M financing.Haldane exploration campAfter Alianza Minerals Ltd. (ANZ:TSX-V) increased the earlier announced CA$750,000 financing to CA$1 million, after it received plenty of interest, this CA$0.05 round eventually closed at CA$1.1 million, which is nothing but succe...Read More