Former Presidential candidate and Congressman Dr. Ron Paul (R-Texas) joins Rick Sanchez to talk about the creep of "socialistic corporatism," the retreat of voluntarism and free market principles and Americans' capitulation to elites who "have run roughshod over us."Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight bo...Read More
*This interview was filmed on July 16, 2019Greg Weldon, founder and CEO of Weldon Financial Publishing, lays out a bullish case for gold based on a series of macro indicators. He believes that a looming recession will force global central banks to react with policy moves that will be overwhelmingly positive for gold. Weldon views gold as a great hedge against anything from a normal recession to a...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 312,21457,82645,699141,164429,131499,077532,656 Change from Prior Reporting Period 333-2,805-10,499-34,621-34,493-44,787-47,797 Traders 21061675360287168 Small Speculators LongShortOpen Interest 64,22130,642563,298 -8,774-5,764-53,561 non reportable posit...Read More
SRSrocco The gold and silver prices have held up remarkably well compared to the broader markets as they continue to sell off today. While the Dow Jones Index is down more than 250 points, gold and silver are just slightly lower. However, gold has traded in the green several times today. If we look at the 5-minute chart, we can plainly see that gold and silver have been trading in an opp...Read More
The gold miners' stocks have surged dramatically this summer, catapulted higher by gold's major bull-market breakout. That atypical strength bucking the normal summer-doldrums slump has carried this sector right back to its traditional strong season. That begins with a robust autumn rally starting in late summers. This year's autumn-rally setup is very unusual, but investment buying could...Read More
- Dave KranzlerThe price of gold has rejected numerous attempts by the banks to hammer the gold price below $1400 using paper gold derivatives on the Comex and the LBMA. I have not seen gold behave with such resiliency in the last 19 years when the Comex banks have an extremely large short position in Comex paper.The action in the price of gold is signalling that large buyers are accumulating...Read More
By: Ira EpsteinGold daily chart, had an outside day. Market is caught in the two Bollinger bands. Market is churning here and eventually will breakout of here..Read More
- Stefan GleasonFollowing months of cajoling by the White House, the Federal Reserve finally cut its benchmark interest rate. However, the reaction in equity and currency markets was not the one President Donald Trump wanted - or many traders anticipated.The Trump administration wants the Fed to help drive the fiat U.S. dollar lower versus foreign currencies, especially those of major exportin...Read More
- Gary TanashianContrary to majority opinion, gold and especially the gold mining stocks that leverage its macro status are not about inflation, especially cyclical inflation that runs with a positive economy.Making an appropriate return after a few months on hiatus, ladies and gentlemen... the Macrocosm.Gold stocks are about counter-cyclicality as gold rises vs. US stocks...Gold rises vs. Glo...Read More
Gold Options Doubled Today (August 1) in Hours... If you followed the gold recommendation I made here yesterday you could have doubled your money. Many of my subscribers did. Here's how:Read More
There was massive short covering in yesterday's gold rise. Yen crashed against the US dollar while gold rose. This is safe haven demand is nothing else. Trump said that he will impose additional ten percent tariff on the remaining $300 billion Chinese imports from September 1. There is recession fears and more global trade war fears. Gold is bound to rise more. Chinese retaliatory action will be...Read More
The Dow fell for a fourth straight dayU.S. stocks added to their recent weakness today, with the Dow finishing deep in the red for its fourth consecutive loss. The S&P and Nasdaq also finished deep in the red and extended their losing streaks to five days -- the longest since March -- due to ongoing trade fears, each posting their worst weekly performance of the year. An afternoon press conference...Read More
BMO downgraded the equities to "underperform"The shares of Sprouts Farmers Market Inc (NASDAQ:SFM) are lower this afternoon, as traders pan the grocery concern's quarterly earnings report. In addition, analysts at J.P. Morgan Securities downgraded SFM to "neutral" from "overweight," and cut their price target to $19 from $22. Meanwhile, BMO Capital cut SFM stock to "underperform" from "market perf...Read More
Gold's haven appeal lifted prices for the precious metal Friday to their highest finish in more than six years, a day after President Donald Trump intensified a trade fight with China by announcing additional tariffs on Chinese goods. Gold for December delivery GCZ19, -0.10% on Comex rose $25.10, or 1.8%, to settle at $1,457.50 an ounce-the highest most-active contract finish since May 9, 2013, a...Read More
Gold's haven appeal lifted prices for the precious metal Friday to their highest finish in more than six years, a day after President Donald Trump intensified a trade fight with China by announcing additional tariffs on Chinese goods. Gold for December delivery GCZ19, -0.12% on Comex rose $25.10, or 1.8%, to settle at $1,457.50 an ounce-the highest most-active contract finish since May 9, 2013, a...Read More
Eldorado Gold had an outstanding quarter in terms of revenue with a record of $173.70 million. The company is back on track with gold production more in control and debt.The gold sold in the second quarter was 113,685 Au Oz at a gold price of $1,321 per oz, which was another pleasant surprise.My target for 2019-2020 is still $10-$11.Image: Efem??ukuru Gold Mine Source: EJAtlas Investment Thesis Th...Read More
An earnings beat from Aphria is helping the marijuana sector buck the broad market selloff While stocks are sinking today on trade fears, the weed sector is bucking broad market trends. This sector surge includes Cronos (CRON), up on its buyout of Redwood. Two other names making headlines today are Aphria Inc (NYSE:APHA) and Aurora Cannabis Inc (NYSE:ACB). Below we'll take a look at what's driving...Read More
Several blue chips made noise after earningsIt was a rough week on Wall Street, to say the least. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are pacing for a fifth straight loss and their longest losing streaks since early March, as the Fed and trade developments rattled markets. Following the Fed's first (and widely expected) rate cut since the financial crisis, stock traders had a knee-...Read More
Baozun will share the fast growth of China's e-commerce market as the leading service and technology provider.Baozun's past growth numbers and future outlook are both strong.Baozun's valuation is relatively cheap compared to its benchmark in the States.Baozun's (NASDAQ:BZUN) share price is largely undervalued and presents a good entry opportunity for investors. Baozun: The (Biggest) Beneficiary of...Read More
CAR is up more than 50% year-to-dateCar rental name Avis Budget Group Inc. (NASDAQ:CAR) is moving lower this afternoon, last seen down 3.3% at $34.13, as stocks suffer in the wake of global trade fears. Meanwhile, options traders are mostly likely gearing up for the company's second-quarter earnings report, slated for release after the market closes on Monday, Aug. 5. Below we will take a look at...Read More