Here Are 3 Hot Things to Know About Stocks Right Now The S&P 500 closed at a record high Thursday, rebounding from a mid-day dip after President Trump hinted at a military strike against Iran in response to the shooting down of a U.S. drone over international waters. Oracle (ORCL - Get Report) rose after the enterprise software company topped analysts' earnings and...Read More
Nenad Kerkez17 hours ago (Jun 20, 2019 8:10 AM GMT)Dear Traders,The Gold has been in a strong uptrend. After a dovish FOMC statement, we might see a save haven flight into Gold, so new highs are possible.The Federal Reserve left its benchmark short-term interest rate unchanged, but FED Chairman Mr. Jerome Powell noted that the U.S. economic outlook is increasingly uncertain, citing trade tensions...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
- Jordan Roy-Byrne CMT, MFTAGold has finally broken out to the upside.In Asia trading on Thursday, Gold exploded through the $1360 to $1370 resistance zone and was able to hold the gains throughout the day, closing above $1395/oz. As we pen this article, Gold has to chance to break $1400/oz by the weekend. The close of the month (and quarter) next week will provide an additional clue as to th...Read More
Bullion's powerful rally this week has kicked this popular mining-stock vehicle into high gear. I haven't tracked it in quite a while but aim to do so now, provided it remains feisty and interesting. In that regard, GDX looks like it's about to ratchet up the interest-level, although not in a way we might have preferred. Notice that Thursday's energetic short-squeeze brought the ETF within inche...Read More
Apart from the technical, Iranian issue is also contributing to gold's rise. Momentum is bullish for gold and crude oil. Silver has a lot of potential to rise IF it tries to play catch up with gold. China is trying to mediate for a denuclearization of the Korean peninsula. Developments in Korea will not have any effect on gold or currency markets. One should look for signs of profit taking bef...Read More
Jim Willie returns to SGT Report to discuss Trump, geopolitics, the economy and the four facts that show a gold standard - at at least three times the current gold price - is coming into view.Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world,...Read More
Topics:- Gold & Silver had their best day in 7 years: will it last, or will they be collared again?- The reasons why Bitcoin is being allowed to run.- Geopolitical tensions and what you're not being told about Iran's startling history of the USD and culturaltakeover.- Facebook's attempt to take over banking as it did social media..- Globalist central banking's playbook for takeover and harvesting...Read More
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...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
Earlier this week, the European Central Bank Chief Mario Draghi - or as I like to call him "Super Mario" - outlined a possible fiscal stimulus plan in Europe. Gold rapidly moved higher off the news.Continue...Read More
"We were cocked & loaded to retaliate last night on 3 different sights when I asked, how many will die. 150 people, sir, was the answer from a General. 10 minutes before Continue...Read More
A lawyer for Julian Assange has said the Pentagon - not the White House or any other government agency whose secrets he leaked - was behind the Continue...Read More
Peter Epstein of Epstein Research explores prospects in Virginia and Canada in this interview with the company's CEO. I've been watching this company for nearly two years. There have been ups and downs, a lot of excitement and some disappointments, but the management team at Aston Bay Holdings Ltd. (BAY:TSX.V; ATBHF:OTCQB) is superb no one can argue that fact. And, the market for natural resource...Read More
The rationale for investing in this Canadian firm is presented in a ROTH Capital Partners report. In a June 19 research note, analyst Joe Reagor reported that ROTH Capital Partners initiated coverage on Integra Resources Corp. (ITR:TSX.V; IRRZF:OTCQB) with a Buy rating and a CA$1.40 per share price target. The company's stock is currently trading at around CA$0.88 per share. The updated resource...Read More
Gold finally surged tonew bull-market highs this week! Severalyears after its last bull high, gold punched through vexing resistance afterthe Fed continued capitulating on ever normalizing. This huge milestone changes everything forgold and its miners’ stocks, unleashing new-high psychology fuelingself-feeding buying. With speculators notyet all-in and investors wildly unde...Read More