Elon Musk's SpaceX and Jeff Bezos' Blue Origin are about to lose out on another important milestone to Richard Branson's Virgin Galactic: First space tourism company to go public.Continue...Read More
Part 1 (part 2 below)Part 2Read More
Brian Leni, founder of Junior Stock Review, profiles a gold explorer with a project in Quebec in the prolific Abitibi Greenstone Belt. What is the significance of surpassing $1400 USD per ounce of gold?Personally, I view the price of gold as a bellwether for the global economy, essentially signalling the health of markets. Without a doubt in my mind, the complexity of the global marketplace is on...Read More
Sector expert Michael Ballanger explores the analogies between fishing and investing. As you all know, I love to spend the summers exploring the thousands upon thousands of bays and inlets and coves that represent the Georgian Bay landscape. With the exception of a few boyhood jaunts around the Parry Sound area, I was not able to fully appreciate the grandeur of the Canadian Shield as it escapes i...Read More
In this interview with Maurice Jackson of Proven and Probable, the president and CEO of this company describes the most recent developments at its Montana prospect. Maurice Jackson: Joining us today is Michael Rowley, president and CEO of Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE), which is known for platinum, palladium, nickel, copper and cobalt in the Stillwater district in Montan...Read More
The summer months historically present a buying opportunity in precious metals as illustrated in the charts shown below. In the past, there has been a clear change of direction in sentiment annually from the 185-195 day mark – midway in the year. So far this summer, though, gold has broken with tradition by turning in a strong June, as shown in the third chart. “Gold trading usually gi...Read More
NEWS &VIEWSForecasts, Commentary & Analysis on the Economy and Precious MetalsCelebrating our 46th year in the gold businessJuly 2019"There has been a dramatic change in sentiment." - Adrian Day - Michael J. Kosares, USA GoldThe summer months historically present a buying opportunity in precious metals as illustrated in the charts shown below. In the past, there has been a clear change of di...Read More
- David HaggithStock market investors, hungry for more pork, are demanding Fed Chair, Jerome Powell, land on their table on a silver platter with an apple in his mouth at this week's congressional testimony. Will he deliver? Powell has a thin red line to talk, or this overFed market, which he and is cronies have nurtured, dies this week from its own morbid obesity. On the other hand, if he does...Read More
By: Ira EpsteinThis week is focused on 2-day testimony by Fed Chairman Powell. We will get his views on interest rates. Gold market still in an uptrend, but nearing 18-DMA at $1386.70Read More
- Clint SiegnerGold and silver bugs are well aware that JPMorgan Chase dominates precious metals futures trading. Russ and Pam Martens of the financial blog Wall Street on Parade just identified how much control they have.There are more than 5,300 FDIC insured banks in the U.S. Just two of them, JPMorgan and Citibank, hold 75.7% of all precious metals derivative contracts (primarily futures)...Read More
There is now a very small section of traders and investors who believe that interest rates may not be cut in end July FOMC meet. Federal Reserve chairman's testimony will clarify on the interest rate cycle. In my view interest rates will be cut this month by 0.25% or something lower as a token and thereafter it can be long pause. Incoming US economic data releases will also determine the interes...Read More
I've had the "timeshare debate" with my mom several times. She has friends - including money-savvy ones - with properties, and I know at least one is trying to unload at the moment, too.About $8 billion worth of timeshares are sold in the U.S. each year. And it's easy to understand how folks fall for the allure of basically buying a hotel room. Let's say it's the dead of winter… ice, snow, s...Read More
"You need to look at gold, not a speculation, but as a savings account."Bill Holter is currently a writer for Miles Franklin and Jim Sinclair's Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, including 12 years as a branch manager at A.G. Edwards. Later, he left Wall Street t...Read More
"Moreover, the estimates...showed that marijuana use among youth may actually decline after legalization for recreational purposes."Continue...Read More
According to Dr. Faber, the global economy is on the cusp of a recession. Investors are advised to batten down the hatches.A global / domestic economic maelstrom of epic proportions where paper assets denominated in the reserve currency lose up to 80% is possible.Few asset classes will endure the economic storm ahead, however, safe havens include gold, silver, PMs shares and cryptocurrencies.Despi...Read More
This should be the number one story in the country right now. Blackmail at this level is a genuine national security issue.Continue...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
"We are not only building the economic strength of the Polish state, but also creating reserves which will guard its financial security.Continue...Read More
July 4th, 2019(S14-E703)Featured GuestsDr. Ron Paul& Arch CrawfordPlease Listen HereInterview RecapFounder of The Ron Paul Institute for Peace And Prosperity returns to the show with his case for restoring a gold-backed US dollar.In the Ron Paul Liberty Report last month, Dr. Paul noted, "The Fed Can't Save Us, But Gold Can," in response to the new rate cut cycle.He outlines how this event...Read More
By: Ira EpsteinGold weekly chart shows the stall in the upside momentum:Read More