COLORADO SPRINGS, Aug. 06, 2019 -- Gold Resource Corporation (NYSE American: GORO) (the "Company" or "GRC") reported production results for the second quarter ended June 30, 2019 of 9,559 ounces of gold and 467,484 ounces of silver, which along with base metal revenue generated $29.4 million in net revenue and $1.8 million, or $0.03 per share, in net income for the quarter. The Company maintai...Read More
Dave KranzlerA Global Race To Zero In Fiat Currencies......ushers in the restoration of price discovery in the precious metals market. The price of gold is at or near an all-time in most currencies except the dollar. This summer, however, it would appear that the dollar-based valuation of gold is starting to break the "shackles" of official intervention and is beginning reflect the underlying fu...Read More
1. Is China a currency manipulator? For one possible answer to this question, please click here now. My view is almost identical to Kyle's; China's government is manipulating its currency... higher!2. Trump's tariff tax obsession may be somewhat comical, but it is creating substantial weakness in China's currency. That's because foreign and domestic investors are moving significa...Read More
GoldCoreGold prices have surged in dollars and all currencies due to the escalation in the trade wars and a return to currency wars between China and the U.S.Gold in USD - 10 Years - GoldCore.comGold surged as much as 2% in dollars yesterday and has consolidated on those gains today. It is gold's highest level in dollars in more than six years (see chart) and gold reached all time record highs (...Read More
By Avi GilburtFor weeks, if not months, I have been reading one bearish bond article after another. In fact, many of these same writers have been arguing with me for months about the bond rally I expected back in November of 2018. One suggests that this rally is really a "fake," whereas another has been strongly suggesting that investors fade this rally, with many more supporting their opini...Read More
Richard (Rick) Mills The long-anticipated US Federal Reserve decision last Wednesday to notch interest rates downward was, like most of these over-hyped meetings, anti-climactic. Since the central bank in June hinted that a rate cut was in the offing, North American stock markets have trended up, but they took a hit on Wednesday following the Fed's decision to only lower rates by a quarter...Read More
By: Ira EpsteinGold's daily chart, set a bear trap last week. 18 week MA is $1,437 level. Base formed around $1,450 area..Read More
After the release of US July nonfarm payrolls, I thought I will be an easy week to trade and invest. Continuous flow of news like branding China a currency manipulator will only increase volatility. There is now no reason for crude oil to rise. Chinese slowdown and India slowdown should result in demand led price fall. To me crude oil prices should fall fifteen percent at least in the short term...Read More
Aug 07, 2019 Guest(s): E.B. Tucker Director, Metalla Royalty & Streaming E.B. Tucker, director of Metalla Royalty & Streaming, is sticking to his $1,500 an ounce gold call. "Gold is a commodity, so you see these cycles that run in the commodity business. They go to highs, they go to lows, and everybody gets scared of the lows, and they get euphoric at the highs. We're definitely at a low, an...Read More
The US-China Conflict - 4:38Investing in China - 11:30Public and Private Markets in China - 20:32Portfolio Characteristics of Chinese Markets - 24:47Looking Ahead - 27:53Over the last 40 years, China's rapid economic expansion has altered the world's geopolitical and economic landscape. Bridgewater's Founder, Co-CIO and co-Chairman Ray Dalio joins Bridgewater's Senior Portfolio Strategist Jim Hask...Read More
When Bill Murphy, legendary crusader for the truth on gold, and co-founder of the Gold Anti-Trust Action Committee (GATA.org,) declares that gold is behaving differently than he has ever witnessed in his decades of studying the precious metals markets and manipulations, those wanting to be aware and prepared would do well to sit up and take notice.Bill Murphy is a former American professional foot...Read More
Walter J. "John" Williams shares his educated opinion on how soon he sees a dollar decline leading to hyperinflation and what we should do to protect ourselves.Walter J. "John" Williams has been a private consulting economist and a specialist in government economic reporting for more than 30 years. His economic consultancy is called Shadow Government Statistics (shadowstats.com). His early work in...Read More
Links to slides and sources: https://www.itmtrading.com/blog/watch...Well grab your popcorn because you have front row seats to something that's about to make US history, and not in a good way. The Death of the Bond Market is unfolding right in front of us, because as Fiat (paper money) dies...so does the Bond Market. It's already happened over 4800 times (documented) around the rest of the world,...Read More
LONDON, 6 August 2019 - BullionVault's Gold Investor Index features today at Investment Europe, the continent-wide asset management magazine site."Central banks remain heavy gold buyers, interest rates are now falling, and any further weakness in the global economy could see the return of QE," the report quotes BullionVault, where demand turned positive in July after gold sellers outnumbered buyer...Read More
- RambusThere has been a lot of discussion lately about some deflation coming into the big picture. In this Weekend Report I will show you what the Chartology is suggesting. I have literally 100's of charts on commodities that I've been building over the last 15 years from short term to the very long term quarterly charts. Many of the long term charts should look familiar to our long term memb...Read More
By: Ira EpsteinGold's monthly chart remains bullish. This is not a small thing, this is a big event unfolding in front of us..Read More
* Thanks for supporting the show!Download - MP3HighlightsDr. Paul Craig Roberts of the Institute for Political Economy, author of several best-selling tomes, rejoins the show with his latest economic insights. Our guest notes the Fed's decision to slash rates this week and the implications for PMs aficionados. The domestic total debt outstanding concerns our guest, especially the Fed's b...Read More
Clive MaundThe charts we will look at in this update suggest that this is a perfect shorting setup that you see "once in a blue moon". On the 3-year chart for the S&P500 index we can see that it has essentially been trending higher all year, but has now arrived at an important double target - at the upper boundary of its giant broadening pattern, which may also be called a bullhorn or megaphone...Read More
StrengthsThe best performing metal this week was gold, up 1.54 percent. Gold investors were stocking up for further gains in the yellow metal ahead of the Fed's rate cut decision. On Wednesday, holdings in bullion-backed ETFs rose 4.8 tons to the highest level since April 2013, according to B...Read More
By Avi GilburtThe Fed gave us exactly what the market expected in a .25% rate cut, and even gave us a "gift" with the early cessation of Quantitative Tightening. Normally, most would view this as a bullish catalyst. However, with market sentiment topping out in a bullish extreme, market participants interpreted the Fed action as bearish (despite its positive substance), and the market sold o...Read More