Adam HamiltonArchivesJun 21, 2019 Gold finally surged to new bull-market highs this week! Several years after its last bull high, gold punched through vexing resistance after the Fed continued capitulating on ever normalizing. This huge milestone changes everything for gold and its miners' stocks, unleashing new-high psychology fueling self-feeding buying. With speculators not yet all-in and inves...Read More
(Kitco News) - With rising uncertainty in the world surrounding bubbling stock markets, trade wars, and geopolitical tensions, it makes sense for many investors to be rushing to gold, said best-selling author Robert Kiyosaki. Kiyosaki told Kitco News that he prefers to store his gold outside banks. "I don't store [gold and silver] in the banks. I'm completely outside the banking system, except I...Read More
The Friday Market Minute Global stocks edge lower, while bond yields continue to rally, as investors hedge the recent equity market rally amid concerns over rising military tensions in the Gulf region.The New York Times reports President Trump ordered, and then stood down, a U.S. strike on military installations in Iran following yesterday's downing of drone patrolling the Strait of Hormuz.Europ...Read More
It's Friday, Friday, Friday. Jim Cramer weighs in on the surges in gold and oil, Slack's (WORK) first full day as a public company and Canopy Growth's (CGC - Get Report) earnings report. Markets In case you missed it... On Friday, gold prices surged to a six-year high as investors sought safety from falling global currencies, negative interest rates and the prospect of escalating military tension...Read More
David Stockman appears on "Closing Bell" (CNBC, June 21, 2019)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 David Stockman's Contra Corner, and he is the author of...Read More
Harley Schlanger's work can be found at LaRouchePAC.com.Read More
David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get t...Read More
Douglas MacKinnon is a former White House and Pentagon official and author of "The Forty Days: A Vision of Christ's Lost Weeks." (Simon & Schuster, 2016).Continue...Read More
"Iran cannot have Nuclear Weapons! Under the terrible Obama plan, they would have been on their way to Nuclear in a short number of years, and existing verification is not acceptable. We are putting"Continue...Read More
"This is going to be the 'Opportunity of the Century' if they have the courage to pursue it."Continue...Read More
Testing generated 80% recoveries at a rare earth oxide concentrate grade of 44%. Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTC; 35D:FSEQB) announced in a news release that results of metallurgical testing done at the Wicheeda rare earth elements (REE) project in British Columbia were positive.Twenty-one batch flotation tests were completed so far, and each showed progressively better results than t...Read More
The U.S. Dollar Index (DXY) is worth watching closely today, with important implications for Gold.The DXY is pressing on key support at 96.40/50.This represents the June 7 pullback low as well as the 200 DMA, the Sep 2018-Present support line, and the major up trendline off of the Feb 2018 low at 88.25, which initiated the up-leg to the April 2019 high at 98.33. Given the cluster of many important...Read More
Max interviews David Morgan of TheMorganReport.com about the gold/silver ratio and whether it matters in a day and age when silver has been largely demonetized.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser inve...Read More
Former CIA Officer and whistleblower Kevin Shipp contends the real motivation for the phony Trump Dossier was to cover up all the crimes for illegal surveillance at the NSA. Shipp says, "That is correct. The corruption is hard to get your mind around. It's incredible."Join Greg Hunter as he goes One-on-One with former CIA Officer and whistleblower Kevin Shipp, author of the popular book "From the...Read More
Seth Harp is a contributing editor at Rolling Stone. He covers armed conflict and the military, and has also written for The New York Times, The New Yorker, and Columbia Journalism Review.Continue...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 274,63370,31056,655141,993365,848473,281492,813 Change from Prior Reporting Period 24,5194,434-3,1804,27426,10225,61327,356 Traders 20669685559290170 Small Speculators LongShortOpen Interest 52,35532,823525,636 3,3601,61728,973 non reportable positionsCha...Read More
- Richard (Rick) MillsThe US Federal Reserve, the country's central bank, did what many expected on Wednesday, and held interest rates steady, while signaling that a rate cut is on its way. Despite pressure from President Trump to lower interest rates, the Federal Open Market Committee (FOMC) concluded after a two-day meeting that it will stay pat for now, meaning no change to the 2.25% to 2....Read More
Gold finally surged to new bull-market highs this week! Several years after its last bull high, gold punched through vexing resistance after the Fed continued capitulating on ever normalizing. This huge milestone changes everything for gold and its miners' stocks, unleashing new-high psychology fueling self-feeding buying. With speculators not yet all-in and investors wildly underdeploye...Read More
Summary: Gold closed at $1348 today according to Stockcharts but is now much higher at $1365 as I write this update. My two longer-term weekly charts on GLD show the potential for a massive upside breakout where price could really run hard & fast. My first chart is a 6 Year weekly showing a massive inverse Head & shoulders pattern that is ready to bust out to the upside of the inverse neckl...Read More
By: Ira EpsteinDrone Thursday - 100% July Cut in Rates Priced in - Gold Market is responding to falling dollar, rates, FOMC, drones, safe haven buying roaring into the market.Gold roars higher:Read More