Gold needs to trade over $1339-$1345 zone to start another wave of rise. Chances of correction will be high as long as gold does not break this zone. Silver needs to fall below $1445 or break and trade over $1492 for direction. Momentum is down for silver. Copper can see a temporary rise. Crude oil can fall first and then rise. Trend is still down for gold and silver. Buyers and investors will...Read More
David Stockman warns that President Trump's trade war and easy money policies will plunge the U.S. into a recession.David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of Da...Read More
Mike "Mish" Shedlock a registered investment advisor, representative for Sitka Pacific Capital Management and he operates one of the most popular websites about the economy and investing online: MISH'S Global Economic Trend Analysis.Read More
Max interviews Alasdair Macleod of Goldmoney.com for his thoughts on the gold market as the US Federal Reserve chairman calls for the end of the use of the word 'unconventional' when referring to QE and other new monetary policy tools. They discuss whether or not interest rates will go to zero in the US as billionaire investor Stan Druckenmiller believes and what happens, in that case, to Europe w...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
Documents leaked to Project Veritas by a Pinterest insider reveal that the San Francisco-based social media company has blocked links from Zero Hedge Continue...Read More
The US Dollar Index is diverging against the Trade Weighted U.S. Dollar Index or Broad Index https://fred.stlouisfed.org/series/TWEXB which measures the US Dollar against 26 other currencies and updates the weighting yearly (rather than never) like the older US Dollar Index.The regular US Dollar Index has been showing weakness lately with the US Dollar Index failing to get to or stay above 98 with...Read More
Hard to believe but at least 25% of China's bank debt is worthless. And worse still, if there's a systemic crash, it could go a lot higher. But no one seems to be very concerned about it. After all the cure for bed debt is faster economic growth. But that's not happening either. Growth rates have plunged and could even be approaching negative territory. What's a poor central planner to do?Portfoli...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
Continue...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 world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at...Read More
"Trade protectionism and unilateralism are very much on the rise. How to respond to the bullying practices of the United States ... its practices of tradeContinue...Read More
"The purpose ... is to say to Russia, or anybody else that's engaged in cyber operations against us, 'you will pay a price,'" he said. "We will impose costs Continue...Read More
There are times the sentiment for silver gets so out of whack that it's like buying a winning lottery ticket after the Continue...Read More
"This is because the Euro and other currencies are devalued against the dollar, putting the U.S. at a big disadvantage. The Fed Interest rate way too high, added to ridiculous quantitative tightening! They don't have a clue!Continue...Read More
Peter Epstein of Epstein Research outlines the latest news from this explorer, including an intercept of 15m at 2.45% copper equivalent. Rockridge Resources Ltd. (ROCK:TSX.V) is an exploration company focused on acquiring, exploring and developing mineral resource properties in Canada. Its focus is copper and base metals more specifically base, green energy and battery metals of which copper is...Read More
This Canadian firm's 2019 drill program is now underway. Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB) started drilling at Justin, it announced in a news release. The company noted that it plans to extend its drilling season one month by initiating this 2000-meter drill program at the Justin Gold Project prior to commencement of drilling at its Forrest Kerr Gold Project located in BC's Golden Tria...Read More
This just-found mineralization resembles that originally discovered on the property. Osisko Mining Inc. (OSK:TSX) discovered a new gold zone at its Urban Barry project in the Abitibi greenstone belt in Quebec, it announced in a news release.The new zone, called Fox West, sits 2 kilometers to the west of the Fox zone. Fox West is made up of "pyrite stringers hosted in a sericite altered dacite/fel...Read More
The document serves as the foundation for a continuing partnership. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced in a news release it reached agreement with the Tahltan Nation on terms related to Seabridge's proposed KSM project in northwestern British Columbia."The agreement represents another important milestone for the project and provides a thorough and cooperative framework for the p...Read More
The company already has two targets lined up, based on historical work at the property. Black Tusk Resources Inc. (TUSK:CSE) received the permit to diamond drill at its Golden Valley property located in Quebec, it announced in a news release. With the permit, the company may construct up 15 drill pads, which will be placed next to existing major access roads. From those pads, Black Tusk intends t...Read More
Bob Moriarty of 321 Gold explains why he's excited about the drill results at this company's copper mine. It's no secret that copper is both in severe shortage with increasing demand at the same time production is declining. A new Canadian based junior exploration company has an interesting direction they are moving in. Rockridge Resources Ltd. (ROCK:TSX.V) wants to use modern advanced technology...Read More