U.S. jobs gained by 224,000 in the latest employment report, topping forecasts. This however puts pressure on the Fed NOT to cut interest ratesContinue...Read More
The media ran headlines right up to the day of President Trump's July 4 speech predicting only a "tiny crowd" would show up.Continue...Read More
The terms and benefits of the deal are discussed in a BMO Capital Markets report.In a July 2 research note, BMO Capital Markets analyst Brian Quast reported that B2Gold Corp. (BTG:NYSE; BTO:TSX; B2G:NSX) agreed to sell its Nicaraguan assets to Calibre Mining for $100 million and a roughly 31% equity interest in Calibre. Closing of the deal is slated for October 2019. The two gold mines being sold...Read More
GLD (SPDR Gold Shares NYSE) is the world's largest gold-centricExchange Traded Fund (ETF). On Friday June 21, 2019 – one day after The Gold and Silver Volcano is Readyto Erupt was posted on this site – a record single day's inflow(gold buying) of over $1.5 billion took place. This stampede, led by hedge funds and "algos"(automated computer buy/sell programs based u...Read More
Precious metals expert Michael Ballanger discusses the mettle necessary to trade precious metals at this time. "Mettle"—the ability to cope with difficulties or to face a demanding situation in a spirited and resilient way.Given the performance of my beloved Gold and Gold Miners in the past month, could there have ever been a more fitting word describing our sector than in the word "mettle"?...Read More
The last few weeks for gold trader has been really exciting. Let face it, metals are starting to outperform us Equities late in a US stock bull market and we all know what that means. If you don’t know what I mean check out these charts!Recently Iposted an exclusive gold analysis article on Gold-Eagle.com talking about thenext big moves and timing for the price of gold. Things are about to g...Read More
Is this Double-Top setup in Palladiumanother warning of a potential downside price move? Back in April 2018, we issued a Double-Toppattern warning in Palladium which preceded a downside price move of nearly28%. We believe this new Double-Toppattern may prompt a downside price move of nearly 20% – targeting the $1240level.April 18, 2018:PALLADIUM RALLY DRIVING OTHER METALS TO MOVE...Read More
The growth ofthe US money supply has slowed down! We invite you to read our today’s article aboutthe sluggish American monetary inflation, and find out whether it signal theupcoming recession and good times for gold.We have long beenwarning our Readers about doomsayers who spread excessively pessimisticviewpoint and scare investors with the monster of recession. Our thoroughanalysis suggests...Read More
Gold dropped well below $1,400 on Monday. Mainstream analysts said sell-off was because hope for a resolution in the trade war interjected some optimism into the markets, pumped up risk sentiment and put a damper on safe-haven buying. But that optimism apparently faded fast. On Tuesday, gold began to rally again and pushed back above $1,400.The fact is economic realities don't support optimism....Read More
Gold's incredible strength this summer is very unusual, as early summers are the weakest times of the year seasonally for gold, silver, and their miners' stocks. With traders' attention diverted to vacations and summer fun, interest in and demand for precious metals normally wane. So this entire sector tends to suffer a seasonal lull, along with the general markets. This June's bull-mark...Read More
Fans of the improvisational comedy program Whose Line Is It Anyway? may recall host Drew Carey describing it as "the show where everything's made up and the points don't matter."Interestingly, if we replace "show" with "economic doctrine," and "points" with "money," we end up with a near-accurate description of modern monetary theory (MMT).You may have noticed MMT trending in the news in the pas...Read More
- David H. SmithGLD (SPDR Gold Shares NYSE) is the world's largest gold-centric Exchange Traded Fund (ETF). On Friday June 21, 2019 - one day after The Gold and Silver Volcano is Ready to Erupt was posted on this site - a record single day's inflow (gold buying) of over $1.5 billion took place.This stampede, led by hedge funds and "algos" (automated computer buy/sell programs based upon volu...Read More
By: Ira EpsteinGold is overbought, near resistance area again:Read More
Gold has dipped back below $1,400 this morning, as investors believe the strong employment report reduces the odds of a rate cut this year. I believe they are weighing the significance of this one highly-manicured preliminary data point too heavily and the FED will still be forced to cut rates later this year. Therefore, I view this near-term dip in the gold price as a buying opportunity and am ma...Read More
Delays when flying are nothing new. An hour or so isn't too bad. But some delays can be absolutely horrible ...For instance, this year a United Airlines flight traveling from Newark to Hong Kong made an emergency landing at Goose Bay Airport, Canada. Passengers sat onboard for more than 14 hours with a dwindling supply of food while temperatures outside plummeted to -20F.Fortunately, there are som...Read More
Perhaps you've spent hours upon hours and a chunk of money to have your attorney draft documents so your assets will pass to your loved ones with minimal delay and expense.These might include a will, revocable living trust, durable power of attorney, durable financial power of attorney, and health care surrogate.You've even detailed who will receive each of your cherished mementos. Now that you've...Read More
Mohamed El-Erian of Allianz and Peter Boockvar of Bleakley Advisory Group join "The Exchange" to discuss the possibility of a Fed rate cut in the near future.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the wo...Read More
Check out Harry recapping the past week in the markets, breaking down the latest job report, and speculating on what the Fed could do next...Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He...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
Jason talks about according to official US government economic data how this is the longest economic expansion in US history breaking the past record of 120 months.Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by te...Read More