Sector expert Michael Ballanger muses on the effects of Twitter and political maneuvers on the markets, and specifically on a favorite gold explorer.I have a confession to make: There are no free markets anymore; there are only interventions. Of course, I bow to Gold Anti-Trust Action Committee (GATA) cofounder Chris Powell, who coined that brilliant phrase a few years ago, because it was certainl...Read More
We haveseen a pretty sharp oil reversal yesterday. The U.S. session sent oil bullspacking. Not giving up, they’re attempting a comeback today. Geopolitical newsto their rescue: the drone attacks on key Saudi pipelines. Emboldened by thistailwind, do the oil bulls stand a chance of reversing the tide of recentdeclines? Let’s takea closer look at the chart below (charts courtesy of http:...Read More
Over the past 6+ months, we’ve been covering the price rotations in precious metals very closely. We’ve issued a number of amazing calls regarding Gold and Silver over the past few months. Two of the biggest calls we’ve made were the late 2018 research post that suggested Gold would rally to above $1300, then stall. The other amazing call was our research team&r...Read More
By: Ira EpsteinGold trend in up-thrust and is staying bullish. Hits 100 day moving average, running out of steam. The stock market rally relieved some of the safe-haven buying:Read More
Gary Christenson, The Deviant InvestorEgon von Greyerz discussed "3 Dozen Reasons to Hold Gold" and mentioned price targets of $30,000 for gold and $3,000 for silver. Gold sells for $1,310 and silver sells in the mid-$15s. His numbers suggest that gold could increase by a factor of 20 and silver by nearly 200. For perspective, refer to the table below.He shows the many reasons to own gold in t...Read More
By: Craig Hemke, TF MetalsOn several occasions since late 2018, we've written about the current similarities to 2010. This "2010 9" theory became our theme for 2019, and we wrote about it here:o https://www.sprottmoney.com/Blog/gold-and-silver-2...Well, here we are in May and it's time to check in on the status of this forecast. The parallels to 2010 are becoming clearer. Plus, there are additi...Read More
The on-again, off-again trade deal with China has put some life into the stock market, all of it vicious. It has also invigorated an otherwise moribund discussion concerning weather tariffs are good or bad. Popular wisdom has it that the mere discussion of Smoot-Hawley tariff legislation caused the stock market to gyrate wildly in 1929 and eventually to crash. Pat Buchanan does a good job debunk...Read More
Cash will be the king now. Low risk traders and investors will prefer to sit on cash rather than invest in uncertain times. Fundamentals will be the key to investing now. Now a days it is very rare to see rallies in any investment dictated by fundamentals. Gold, Indian stocks and even Indonesian stocks have a long term fundamentally strong story. Only risk to the world growth is energy prices be...Read More
In case you haven't noticed, the mainstream media outlets are currently clogged up with stories of measles outbreaks and some boy who got chickenpox after suing not to get vaccinated. So today I want to talk about the national vaccination conversation.You're probably wondering what the subject could possibly do with "the rich life."Well, beyond issues like personal choice... the collective good vs...Read More
May 16, 2019 Guest(s): Max Keiser Gold's true-value potential is being held back by market "abuse," which is why the metal is trading at relatively depressed prices, said Max Keiser, host of the Keiser Report. Keiser cited the tremendous amount of paper gold in the market as the main problem, as this creates opportunities for short sellers preventing prices to move to the upside.During the trad...Read More
The U.S. War on Drugs continues to have a profound impact on Mexico. Although little reported in America, people are murdered every dayContinue...Read More
Social media giant Facebook plans to launch its new cryptocurrency during the first half of this year. Facebook is talking with several digital asset exchanges aboutContinue...Read More
US military actions are designed to provoke the conflicts that they believe will benefit their overall geopolitical strategy.Continue...Read More
"Given that the Bitcoin market can be manipulated in such a significant way, it would not be a stretch nor surprising to find that manipulative activity is behind the recent Continue...Read More
By: Dave KranzlerThe price of gold soared over $13 Monday as flight-to-safety money flowed into the precious metals sector while the stock market went into a downward spiral. I see Monday's market action as a preview of what's in store going forward as price discovery once again engulfs the stock market and causes the most extreme stock bubble in U.S. history to deflate.Despite the fact that it...Read More
By: Ira EpsteinGold's move yesterday really kicked it up into a new trend? Gold's strange chart:Read More
With global stocks staging a short-covering bounce today, gold has given back some of its sharp gains made yesterday. Unsurprisingly, so too have safe-haven yen and franc. Clearly, gold, like equity indices, has become a headline-driven market. Investors must remain vigilant. Incoming headlines regarding the ongoing US-China trade dispute, and specifically Donald Trump’s tweets, have led to...Read More
Source: Michael Ballanger for Streetwise Reports 05/13/2019Sector expert Michael Ballanger muses on the effects of Twitter and political maneuvers on the markets, and specifically on a favorite gold explorer.I have a confession to make: There are no free markets anymore; there are only interventions. Of course, I bow to Gold Anti-Trust Action Committee (GATA) cofounder Chris Powell, who coined...Read More
A round of Trump tweets helped the Dow bounce more than 200 pointsThe Dow surged over 200 pointstoday, as some anxieties over the U.S.-China trade war were assuaged by a round of President Donald Trump tweets. Notably, he said the two countries still "have a dialogue going," and that a trade deal "[will] happen, and much faster than people think!" Gains from trade-sensitive stocks like Caterpilla...Read More
The key executives behind Goldcorp's Coffee gold project in Yukon are back, this time leading a new junior miner called Tectonic Metals Inc. The company is seeking to raise C$5 million through a special warrant financing and pursuing a direct listing on the TSX Venture Exchange.Tectonic was founded nearly two years ago by Eira Thomas, Tony Reda and Rob Carpenter, who were key executive members of...Read More