By: Ira EpsteinUS Dollar took a beating, FOMC leaning on cutting interest rates. One of the board members wants a 50bps cut already. If China and US get together at the G20 then things can change:Read More
Here are three numbers to jot down to get an accurate and potentially useful 'read' on the aging bull market: 27,436, 28,738 and 33,161. These are 'Hidden Pivot' resistance targets for the Dow Industrials, and any one of them could stop the bull in its tracks. Each is a good place to attempt getting short with a tight stop-loss, but if the stop gets pulped, assume that the next-higher target...Read More
If you buy gold in US dollars, you're in luck, because whether you realize it or not, you have made a killing against almost every other currency in the world. It may be hard to believe with gold about 25% below its all-time US-dollar high, but 72 different countries have seen gold hit an all-time high in their currencies this year. Like in Canada. Live north of the United States border, and this...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
You've been listening to John Rubino and myself talk about this inevitable event for over 7 years. Now here it is. Sometimes inevitability takes longer to happen than others. But that now that it has, where do we go from here? $1500, 2000, 2500 gold. Silver $50, 75, 150. The skies the limit baby, so get ready now. It's happening!John Rubino is the founder and manager of the popular financial websi...Read More
Market-Watchers around the world are focused on the Strait of Hormuz again today, as the U.S. president imposes sanctions over the downing of a US military drone. Rick Rule of Sprott Holdings is on hand to help us tap into the consequences of conflict on oil prices, and what we can expect in the sector going forward.Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began...Read More
It's been a pretty good couple of months for precious metals, but more so for gold than silver. Both are up but gold is up more, and the imbalance that this creates Continue...Read More
At long last the gold bull market has resumed. With gusto! After breaking through the so-called $1363 resistance point, how much longer will $1500 take? Probably by the end of the year at the latest. Crypto's have gone full blown exponential. Where do they stop? And Trump, can you spell re-elect 2020. But there's plenty of challenges out there, not the least of which is exploding global debt. No o...Read More
President Trump did the smart thing last week by calling off a US airstrike on Iran over the downing of an American spy drone near or within Iranian territorial waters. According to press reports, the president over-ruled virtually all his top advisors - Bolton, Pompeo, and Haspel - who all wanted another undeclared and unauthorized US war in the Middle East.Is Iran really the aggressive one? When...Read More
Bitcoin rose above $11,000 on Monday scoring its highest level since March 5, 2018. Continue...Read More
The NBA has moved away from the term "owner" because it's too insensitive to black players, according to the NBA Commissioner Continue...Read More
Gold bulls are coming out of hibernation with even billionaires talking about how much they like gold. Continue...Read More
Bob Moriarty of 321 Gold looks at the latest moves of this company with projects in Nevada, Utah and Idaho. The nice thing about having been visiting hundreds of projects in almost two decades is that I find myself talking about properties I know quite well but are now under new management.Liberty Gold Corp. (LGD:TSX) used to be named Pilot Gold. As a pilot, I thought that was a wonderful name. T...Read More
“For twelve consecutive years, gold was up every single year whether there were inflation fears, deflation fears; strong dollar, weak dollar; political stability, political instability. It didn’t matter – strong oil, weak oil. . . Gold went up for twelve years. . . When gold embarks upon its next move, I believe that you will see that long wave take gold relatively quickly, but i...Read More
June 21st, 2019(S14-E701)Featured GuestsDr. Chris Martenson& Bob HoyePlease Listen HereInterview RecapIn Part II of the discussion with Dr. Chris Martenson of PeakProsperity.com, author of Prosper! returns.Our guest thinks silver which market price is below the cost of production, an extremely apealing bargain.Robert Ian stops by with an impromptu, must-hear editorial.Dr. Martenson is a str...Read More
- Michael J. Kosares"For twelve consecutive years, gold was up every single year whether there were inflation fears, deflation fears; strong dollar, weak dollar; political stability, political instability. It didn't matter - strong oil, weak oil. . . Gold went up for twelve years. . . When gold embarks upon its next move, I believe that you will see that long wave take gold relatively quickly, b...Read More
- Keith Weiner, Monetary MetalsLet's start with Frederic Bastiat's 170-year old parable of the broken window. A shopkeeper has a broken window. The shopkeeper is, of course, upset at the loss of six francs (0.06oz gold, or about $75). Bastiat discusses a then-popular facile argument: the glass guy is making money (to which all we can say is, "plus ?a change, plus c'est la m?me chose"). Basti...Read More
StrengthsThe best performing metal this week was gold, up 4.26 percent. Gold traders and analysts were surprisingly neutral on their price outlook for the yellow metal after it hit a five-year high this week and broke above $1,400 per ounce. Bullion got a huge boost after the Federal Reserve kept interest rates unchanged on Wednesday...Read More
By Avi GilburtBack on May 24, I authored my first article on gold in quite some time. As I noted in that article, there was not much for me to say until that time, as gold was clearly within the consolidation/pullback phase I had expected months before that.Within the May 24 article, I highlighted that gold was at a potential bottoming phase, but that it was at an inflection point. If it were a...Read More
- SRSrocco What happens to the gold price this week will likely set the trend for the foreseeable future. While many precious metals investors disregard technical analysis and key chart formations, you can bet your bottom dollar that large traders and institutions are watching the price action of the yellow metal quite carefully. And if you think that these large traders and institutions...Read More