With the precious metals markets range-bound and driven by forces beyond his control, sector expert Michael Ballanger turns his contrarian eye to the past. With gold enjoying its best week of the year, with the Daily Sentiment Index charging northward, with the Relative Strength Index (RSI) pressing 72 for the GLD, with the RSI for GDX pushing 75, and finally, with the newsletter community all fa...Read More
The last three years have been extremely difficult for metals enthusiast.If you speak with them, you would assume that gold has been going down for the last three years.Well, at least that is the impression you would get based upon their “sentiment.”But, in fact, all gold has been doing for the last three years is move sideways.In other words, it has been consolidating.Yet, during that...Read More
- Keith Weiner, Monetary MetalsWe will start this off with a pet peeve. Too often, one is reading something about gold. It starts off well enough, discussing problems with the dollar or the bond market or a real estate bubble... and them bam! Buy gold because the dollar is gonna be worthless! That number again is 1-800-BUY-GOLD or we have another 1-800-GOT-GOLD in case the lines on the first n...Read More
With things shaping up so well for gold, we can certainly take any short-term correction in our stride, and more than that, we can seize upon it as an opportunity to build positions further across the sector, whether by means of ETFs, stocks or options, and of course, gold itself.Several factors suggest that a modest short-term correction is likely before the major breakout occurs. Gold is overb...Read More
By: Avi GilburtThe last three years have been extremely difficult for metals enthusiast. If you speak with them, you would assume that gold has been going down for the last three years. Well, at least that is the impression you would get based upon their "sentiment."But, in fact, all gold has been doing for the last three years is move sideways. In other words, it has been consolidating....Read More
I had a great Father's Day weekend, spending time at the beach watching my daughter compete in a major surf contest at Huntington Beach.This week I'll watch her do an even bigger one - the USA championships at Lower Trestles, an invite-only Olympic development event. Quite honestly, my daughter amazes me. After just a few years in the sport, and just a few days after her twelfth birthday, she's al...Read More
Jun 18, 2019 Guest(s): Brian Belski Chief Investment Strategist, BMO Gold and precious metals miners will have their moment to shine, but investors shouldn't expect that time to be now, according to Brian Belski, chief investment strategist at BMO. On the sidelines of the Inside ETFs Canada conference, Belski said that market recession fears are overblown. "We always seem to default to negativit...Read More
Jun 18, 2019 Guest(s): Will Rhind CEO, GraniteShares Chances are skewed in gold's favor, as it is more likely than not that the Fed will maintain their dovish stance, this according to Will Rhind, CEO of GraniteShares. "The expectations, in terms of the market right now, are so overwhelmingly for a rate cut that we have, right now from a probabilities perspective, more chance of rates going to z...Read More
Jun 18, 2019 Guest(s): Frank Holmes CEO, U.S. Global Investors Facebook is entering the crypto-space with the roll-out of its latest venture, 'Libra' later this week. The platform could provide the embattled social media giant with a new revenue stream of tremendous proportions, but could it destroy bitcoin in the process? "I find it very significant that bitcoin peaked at the launch of the CME...Read More
"By the way, Iraq did not knock down the World Trade Center.""It was not Iraq. It was other people. And I think I know who the other people were."Continue...Read More
With all eyes focused on Facebook's cryptocurrency reveal tomorrow, what the Fed will do this Wednesday, and Slack's IPO on Thursday, all of which we'll address in the coming days, let's Continue...Read More
The war on cash is a war on privacy. If your goal is to have full control over all commerce, trade and life in general anonymous transactions must be eliminated and the obvious answer to what will take its place is found in the digital realm. A global digital cashless society is quickly approaching but those who see this coming can still come out on top! In this video Dan Dicks of Press For Truth...Read More
UN sources think the U.S. is planning a "tactical assault on Iran" in response to the attack on two oil tankers in the Gulf of Oman last weekContinue...Read More
The price of gold has jumped 5.8% in a little over 3 weeks. This is a big move in a short period of time for Continue...Read More
They used money that was allocated to fund Russian disinformation and fake news.Continue...Read More
Chris Hedges is a Truthdig columnist, a Pulitzer Prize-winning journalist, a New York Times best-selling author, a professor in the college degree program offeredContinue...Read More
LONDON, 17 June 2019 - Leading UK personal finance site ThisIsMoney today quotes BullionVault data and analysis on how private investors are currently trading physical gold.With customers of the No.1 online platform turning net sellers of gold overall on the current surge in prices, "This month's average gold seller now shows a 36% net gain on their initial investment of ?8,500 made 5 years ago,"...Read More
By: IRA EPSTEINGold's 100-month closing averages current resistance, $1,350 area. Gold had a stellar performance, bulls have to be pleased..Read More
A headline today (Friday - June 14) on the front page of The Wall Street Journal is the most encouraging we've seen in years for gold bugs. If you've been on the sidelines, here's a trade to jump back in.Many subscribers a reporting fantastic gains based on the gold recommendations from Rick's Picks. Even people who have only been with us for a week are making money. Read More
June 14th, 2019(S14-E700)Featured GuestsPeter Schiff &Harry S. Dent Jr.Guest order by seniorityPlease Listen HereInterview RecapPart II with Peter Schiff, head of SchiffGold, Euro Pacific Capital includes key insights on the financial markets.The Echo Great Recession could be more intense than the 2008 meltdown.Corporate bonds defaults could trigger an unstoppable financial crisis. Unlike a t...Read More