Rick Mills of Ahead of the Herd explains why he believes investors should take a look at one company whose rare earth elements project could provide a secure supply of desperately needed metals and could have a "potential gross in-situ metal value of CA$7.6 billion." Because of the heightened global climate of aggression, chaos and fear the need for the protection of strong militaries is heighten...Read More
These new programs are being done as a follow-up to past drill efforts. Liberty Gold's Goldstrike ProjectLiberty Gold Corp. (LGD:TSX) announced in a news release it launched a 2019 drilling program at two of its past-producing gold projects: Black Pine in Idaho and Goldstrike in Utah. "We are targeting multi-million ounce deposits at both properties, and we expect to be well on our way to achievi...Read More
Several weeks ago we wrote about the downside risk in the gold stocks. After the various gold stock indices formed distribution-type tops, the subsequent selling has been swift. Miners have plunged through moving averages and short-term breadth indicators quickly reached oversold extremes. While the gold stocks are oversold, it could be a little while before we can expect a sustained rebound. We p...Read More
Precious Metals traders have been hanging on every turn in the markets over the past 2+ years. The upside price move in early 2016 setup a very strong expectation that further upside price moves were about to result in an upside price explosion in metals. Remember, 2016 was a very big US Presidential election year. 2020, being the next big US Presidential election year, is only a...Read More
By: Gary ChristensonLance Roberts listed James Montier's 7-Immutable Laws of Investing. They are:Always insist on a margin of safety.This time is never different.Be patient and wait for the fat pitch.Be contrarian.Risk is the permanent loss of capital, never a number.Be leery of leverage.Never invest in something you don't understand.Those sensible rules apply to gold and silver.ALWAYS INSIST...Read More
Several weeks ago we wrote about the downside risk in the gold stocks.After the various gold stock indices formed distribution-type tops, the subsequent selling has been swift. Miners have plunged through moving averages and short-term breadth indicators quickly reached oversold extremes.While the gold stocks are oversold, it could be a little while before we can expect a sustained rebound.We p...Read More
Shades of Smoot-Hawley!? Stocks plummeted for the second time in less than 24 hours Monday when Trump signaled to China's trade negotiators that he means business. A long-delayed, $200 billion hike in tariffs will take effect on Friday because the Chinese reneged on commitments they'd already made. I don't say they allegedly reneged or that they reportedly reneged, since no one ever believed for...Read More
Trump and his twitter trumpet of reigniting trade war failed to life gold price yesterday. Short covering will be there if gold breaks and trades over $1290-$1292 zone. Silver needs to trade over $1500 to rise further. Copper and crude oil may have formed a short term bottom yesterday. "Akshay Tritiya" demand if it comes in below expectations in India can result in small correction in gold pri...Read More
I know it seems like I'm picking on Senator Elizabeth Warren lately, but that's not my intention. Rest assured, I dislike the vast majority of politicians just as much. It just so happens that, in a runup to the 2020 election, it seems like Warren is trying to make big headline splashes by taking on populist whipping boys like the student loan crisis and, more generally, big banks.Meanwhile, I wan...Read More
May 08, 2019 Guest(s): Howard Klein Founder & Partner, RK Equity Due to poor policies and planning, the U.S. is now lagging behind competitors China and Germany in the fight for electric vehicles dominance and battery supply chain, this according to Howard Klein, founder and partner of RK Equity. "It's 100% a function of politics. Under the Obama Administration and the Democrats, they were very...Read More
"Japan has no growth. There is no growth in Germany. There is no growth in Italy. We have an earnings recession here in the United States. So, what you have engendered here is most likely a protracted period of stagflation, which is going to lead to an epic and massive crash in asset prices. That's what you have at your feet, so be careful."Michael Pento is a specialist in Austrian economics and i...Read More
"The hackers had the patience to wait, and execute well-orchestrated actions through multiple seemingly independent accounts at the most opportune time," Binance said in a statement.Continue...Read More
Several weeks ago we wrote about the downside risk in the gold stocks. After the various gold stock indices formed distribution-type tops, the subsequent selling has been swift. Miners have plunged through moving averages and short-term breadth indicators quickly reached oversold extremes. While the gold stocks are oversold, it could be a little while before we can expect a sustained rebound. We p...Read More
Precious Metals traders have been hanging on every turn in the markets over the past 2+ years. The upside price move in early 2016 setup a very strong expectation that further upside price moves were about to result in an upside price explosion in metals. Remember, 2016 was a very big US Presidential election year. 2020, being the next big US Presidential election year, is only a...Read More
LONDON, 7 May 2019 - Analysis and insight from BullionVault features extensively today in a detailed report from world-renowned news service the BBC about Gordon Brown's controversial sale of UK gold reserves, announced this day 20 years ago."It was the bottom of gold's two-decade bear market," says Adrian Ash, director of research at BullionVault."[While] hindsight may be a wonderful thing...ther...Read More
May 3rd, 2019(S14-E694)Featured GuestsDr. Seth Shostak Ph.D.& Bob HoyePlease Listen HereInterview RecapDr. Seth Shostak Ph.D, lead Astronomer and Astrophysicist at SETI, makes his Goldseek.com Radio debut. Dr. Shostak has a weekly broadcast where he discusses need to send NASA probes throughout the solar system for signs of life. The signalhunters team has rendered several thousand images o...Read More
By: David Chapman "Sell in May, and go away." old stock market adage "All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies." Warren Buffett, CEO, Berkshire Hathaway; investor and philanthropist, b. 1930 "Wall Street's graveyards are filled with men who were right too soon." William Peter Hamilton, editor, The Wall Street J...Read More
Fever took hold of the stock market as the week ended, stoked by the best unemployment numbers in half a century. Two days earlier, shares had fallen sharply as investors registered their disappointment in the Fed's latest pronouncement. Obfuscator-in-chief Powell had said the central bank would hold steady and that the economy seemed in fine shape. But the markets reacted as though they were ho...Read More
Gold trades in a range after falling below $1300 in mid-April.The Fed provides little bullish news for gold.The dollar fails again after a new high.Three issues that can propel gold higher.Buying the dip with gold mining stocks.The price of COMEX June gold futures closed 2018 at $1297.60 per ounce after trading to a low at $1189.30 in mid-August. After trading to a high at $1356 on February 20, th...Read More
China said it would still carry on with trade talks next week, despite Trump's earlier tweetsThe Dow won back most of its earlier losses, ending only 66 points below breakeven after this morning's dramatic 471-point drop. The index was mostly bolstered by reports that China would still be traveling to the U.S. next week to continue trade talks, despite President Donald Trump's inflammatory tweets...Read More