Technical analyst Clive Maund charts this miner with a gold project in Arizona and explains why he believes its stock is a good buy. Kerr's Copperstone projectKerr Mines Inc. (KER:TSX; KERMF:OTC; 7AZ1:FRA) has not so far responded to the rally in gold of recent days, but the pattern looks most favorable with it having consolidated a sharp high volume rally at the start of last month, that allowed...Read More
Our Adaptive Dynamic Learning (ADL) predictive modelingsystem is suggesting that Silver is currently well below the projected ADLprice level. We believe the currentpricing pressure in Silver is related to global central banks attempt toregulate precious metals prices over the past 24+ months. We believe the upside move in Gold willeventually roll into Silver and the ADL predictive mode...Read More
In recent days the market has moved from expecting a rate cut by January 2020 to now expecting as much as three rate cuts by then. As a result both Gold and gold stocks launched higher, forming a “three white soldiers” bullish reversal pattern. Last week and in previous writings, we noted the importance of the actual rate cut for Gold and gold stocks. Their performance in both nominal...Read More
President Trump announced a 5% tariff on Mexican goods. It added to the concerns about the state of the U.S. economy and prompted the Fed officials to soften their language. With no end to the U.S. - China trade dispute in sight, gold jumped above $1,330 in response. Can it move higher still?Gold Rises on Trade TensionsGood news for the gold bulls! As the chart below shows, the price of the yellow...Read More
Onesurprising news was followed by another surprising news. First, Trump told theworld about his plan to keep increasing tariffs on Mexico, defying his ownparty. Then, no hint of relief had come regarding the China trade dispute.Finally, we have got the Feddiscussing potential interest rate cuts. Investors have aggressivelyincreased their bets on such monetary policy easing. Gold definitely welcom...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 240,47784,36256,898132,517305,093429,892446,353 Change from Prior Reporting Period 46,014-23,413-5,308-58,7733,849-18,067-24,872 Traders 19872675054278168 Small Speculators LongShortOpen Interest 51,60335,142481,495 -5,5641,241-23,631 non reportable posit...Read More
- Dave Kranzler"Shanghai Gold will change the current gold market with its 'consumed in the East but priced in the West' arrangement. When China has the right to speak in the international gold market, the true price of gold will be revealed." - Xu Luode, Chairman, Shanghai Gold Exchange, 15 May 2014The quote above is for the benefit of anyone who refuses to acknowledge or accpet that the price...Read More
Gold surged sharply over this past week or so, nearing a major bull-market breakout! Nearly everyone was surprised by this violent awakening, which erupted suddenly as gold languished around year-to-date lows. If this dramatic rally has staying power, gold has good odds of achieving decisive new bull-market highs. That would change everything psychologically, ushering gold and its miners...Read More
By: Ira EpsteinFriday in Gold is notorious for giving back gains. Gold in bullish mode:Read More
- Jordan Roy-Byrne CMT, MFTAIn recent days the market has moved from expecting a rate cut by January 2020 to now expecting as much as three rate cuts by then. As a result both Gold and gold stocks launched higher, forming a "three white soldiers" bullish reversal pattern. Last week and in previous writings, we noted the importance of the actual rate cut for Gold and gold stocks. Their perform...Read More
By Avi GilburtIn my last article, I outlined how the same news event can "cause" the market to rally 9% at one time, and drop 5% another time. And, then I noted how I am quite certain there will be some of you that will try to explain away this clear lack of consistency with some form of convoluted "logic."And, true to form, some of you did. One such commenter noted:For about eight months, the m...Read More
Trump needn't have wheedled the Fed about juicing the money supply, since the banksters, ever eager to ride to the rescue -- of themselves -- would have done it anyway. The alchemists at the central bank have once again begun to "manage" our "expectations" with all the subtlety of a carnival barker about to spin a Big Six wheel. Their loyal spinmeisters at The Wall Street Journal gave this lat...Read More
- Hubert MoolmanPreviously, I have shown how we could be close to major financial/monetary crisis. The following chart that shows the ratio of gold to the monetary base was used:The chart shows the ratio of the gold price to the St. Louis Adjusted Monetary Base back to 1918. That is the gold price in US dollars divided by the St. Louis Adjusted Monetary Base in billions of US dollars. (from...Read More
Bill Holter discusses the VOX adpocalypse and much more.Bill Holter is currently a writer for Miles Franklin and Jim Sinclair's Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, including 12 years as a branch manager at A.G. Edwards. Later, he left Wall Street to avoid potentia...Read More
Jun 10, 2019 Guest(s): David Suda CEO, TerraX Minerals With gold prices having traded range-bound for most of 2019, miners should be more focused on creating value through discovery, which the industry is lacking, said David Suda, CEO of TerraX Minerals. "The opportunity for us is in the fact that producing gold companies have actually had a lack of discovery. They haven't spent money on explora...Read More
Jun 10, 2019 Guest(s): Kimberly Berman Director, Equity Research, BMO Capital Markets The technology of electric vehicles is evolving, and the battery of the future may determine which metals best to invest in now, this according to Kimberly Berman, director of equity research at BMO Capital Markets. "Lithium, obviously, is the key ingredient to any chemistry that you put together, so whether th...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he also has an MBA from the University of Chicago, with a concentration in accounting and finance. Currently, he co-manages a precious metals and mining stock investment fund in Denve...Read More
The trade war is spiraling out of control. If you've been reading the Dispatch, you already know what I mean. In short, Trump's taken his tough stance on trade to new heights.Continue...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More