- SRSrocco In June, the gold price finally broke above the $1,400 level after five long years. So, who was responsible for pushing the gold price to a new high since 2013? Well, if we look at the data, it most certainly wasn't the physical gold investor. And, according to several dealers I spoke with, physical gold retail investors took advantage of the $1,400+ price to sell metal rathe...Read More
By Avi GilburtSince this article is being addressed to longer term investors, I think you will likely appreciate the message within this write up.While I analyze the metals markets on many time frames, this perspective is based upon a daily chart which has months to still play out.But, before I move into my perspective of the market, allow me to summarize how I view the metals market in general...Read More
Dear Friend of GATA and Gold:Citing a confession to gold market manipulation in the United States, a member of Parliament this week urged the British government to investigate possible manipulation of the gold market in London.The member, Jeremy Lefroy, Conservative for Stafford, prompted a discussion of manipulation during a speech Monday in the House of Commons. Lefroy questioned the economic...Read More
By: Ira EpsteinGold in an up-thrust but in a congestion area:Read More
Fed Chief Powell supposedly has strong support inside Congress to fend off Trump's calls for lower interest rates. How do we know this? Well, there was this headline atop the lead story in Wednesday's Wall Street Journal: 'Powell's Support Inside Congress Is Deep'. And here was the sub-hed, in case you missed the point: 'Lawmakers on both sides say they would oppose any bid to oust the Fed chai...Read More
Trend for gold and silver is bullish. Interest rate cut towards the end of the month has been confirmed by the Federal Reserve chairman. If gold rises very sharply till Monday, then value based buying in silver should catch and there can be some rise. I am quite confident that silver will break free from the recent consolidation phase by next week. Tensions in the Persian Gulf can result in hi...Read More
You don't cut interest rates in a booming economy, you raise them. Peter Schiff discusses the record highs in the market and economy claimed by Trump and the Federal Reserve, but shows they don't actually believe what they say or they wouldn't be cutting interest rates. Their actions suggest they realize we're actually in a record bubble, and it's about to burst.Peter Schiff is an internationally...Read More
No resolution is in sight for the trade war with China and relations may even worsen, this according to Steve Hanke, professor of applied economics at Johns Hopkins University.U.S. President Donald Trump has been unwillingly to budge on his trade policies with China, but the Chinese communist regime is unlikely to make compromises either, Hanke told Kitco News. "The U.S. thinking on this thing is...Read More
Max and Stacy talk to professor Steve Keen about the problem of declining incomes and rising costs, and why MMT (Modern Monetary Theory) is not the right solution.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser i...Read More
"If they (tourists from mainland) watch what Hong Kong people are doing, they make copies and bring back to China," she said. "We'll all have democracy in Hong Kong and in China."Continue...Read More
Both the DOW and the S&P 500 achieved records today (Thursday). Why is this happening?Fed chair cements case for cut in interest rates: https://news-flash.info/fed-chair-cem...Wall St claims that S&P500 at 3k is fundamentally justified: https://finance.yahoo.com/news/hardly...Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded...Read More
Bank of Japan (BOJ) Governor Haruhiko Kuroda publicly stated that it may maintain ultra-low rates for a further period of well over a year. However, he also warned againstContinue...Read More
"That someone would let a tailor come on such a day is disrespectful," the CEO stated in an interview with the German newspaper Handelsblatt on Thursday.Continue...Read More
"Today, I am here to say we are not backing down on our effort to determine the citizenship status of the United States population." Continue...Read More
President Trump and Congresswoman Alexandria Ocasio-Cortez don't agree on much - and would be loath to admit it if they did. But their ideas on monetary policy are converging on Continue...Read More
The Canadian company remains well funded for this next program.Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB) announced in a news release it just started its fourth season of drilling at Forrest Kerr, on the heels of completing its planned 2019 drill program at Justin in the Yukon.At Forrest Kerr, in British Columbia's Golden Triangle, Aben will start with 5,000 meters of diamond drilling and expand...Read More
"Mueller said the social media operation was the 2nd major component of a "sweeping and systematic" Russian gov't interference campaign - yet he never actually shows Continue...Read More
The combined company will provide exposure to both near- and longer-term projects. San Albino projectTerraco Gold Corp. (TEN:TSX.V; TCEGF:OTCPK), which holds a royalty on the Spring Valley gold project in Nevada, is being acquired by Sailfish Royalty. The combined company will hold a geographically diverse set of royalties, including projects in Nevada, Mexico, Brazil and Nicaragua.According to t...Read More
Platinum has not been this cheap vs. gold since 1907 AD.In other words, in over 110 years, we have not seen platinum values slump this far versus gold.Here at SD Bullion, we have covered Platinum fundamental investment factors as well as information about supply-demand factors at play today.South Africa is the major miner of platinum ore in the world, accounting for about 70% of all new line plati...Read More
Our Adaptive Dynamic Learning (ADL)predictive price modeling system is suggesting Crude Oil will likely continueto find resistance near $64 as a price ceiling and trend lower over the next 3to 5 months – eventually breaking below the $40 price level near the end of2019 or in early 2020.Our research team believes this move could very well be contingent on a continued decline in global economi...Read More