Technical analyst Clive Maund explains why he believes shares of this Golden Triangle explorer are at a good entry point. I consider Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB) to be among the best in the Golden Triangle. Note that the seasonal speculative spikes that we are expecting in these stocks may not get underway until the late summer, so this is more about positioning at good prices ahe...Read More
Technical analyst Clive Maund charts this firm with exploration success in the Golden Triangle. Golden Ridge Hank ProjectGolden Ridge Resources Ltd. (GLDN:TSX.V), a company with a project in the Golden Triangle, is considered to be among the best in the district. Note that the seasonal speculative spikes that we are expecting in Golden Triangle stocks may not get underway until the late summer, s...Read More
Our proprietary price cycle tool is showing us that the Daily Gold cycles may dive a bit lower, possibly into the $1250 to $1265 level, over the next 3~7+ days before reaching an ultimate low. We’ve been covering the precious metals markets like hawks because of our proprietary price modeling tools that suggested the April 21~24 dates as an ultimate low/momentum base pattern. Thi...Read More
By: Jordan Roy-Byrne CMT, MFTAAs we know, Gold and the US Dollar have an inverse relationship. Gold is priced in US Dollars and the drivers of each are similar (from an inverse point of view). Over long-term periods both trend in the same direction but the magnitude of the moves can vary and be quite different. The standard inverse relationship has not been a perfect one in recent months or yea...Read More
- Stewart Thomson, Graceland Updates 1. Gold stocks tend to become extraordinarily volatile during weeks that feature multiple key fear trade events.2. As the month of May begins, gold stocks are faced with a FOMC meeting and the US jobs report.3. Please click here now. Double-click to enlarge this daily gold chart. 4. Gold itself is quite stable ahead of these key eve...Read More
By: Ira EpsteinGold near resistance area, back to neutral:Read More
"Hey Marin, we don't invest in gold companies for yield. We invest in gold stocks as a hedge to the overall markets. And for leverage on the price of gold."What a bunch of nonsense.Have you ever heard the phrase, "What a gold mine!"?That common, age-old expression was actually a positive reference to having something very valuable. Notably, a gold mine that paid its owners very well by producin...Read More
"Investors" could be pardoned for wondering why IPO underwriters for Lyft and Uber have used accounting trickery that smells worse than ten-day-old fish in order to promote the deals. Is bogus too strong a word? Judge for yourself. In their prospectuses, neither firm subtracted promotional incentives and refunds from sales totals, as is customary. This allowed them to grossly overstate revenues...Read More
The optimal income for life satisfaction in North America is $105,000 per year. That's according to a 2018 study conducted by researchers at Purdue University on more than 1.7 million people, in every region of the world. Whatever you make beyond that level is not associated with greater life satisfaction. In fact, it reduces life satisfaction.This $105,000 income cutoff is deemed the “satia...Read More
May 01, 2019 Guest(s): Johann Wiebe Lead Metals Analyst, Thomson Reuters GFMS Market fundamentals still bear hope for silver prices due to three factors: diminishing silver supply, rise in investment demand, and potential for increased industrial use, this according to Johann Wiebe, lead metals analyst at GFMS Refinitv. "It seems to be increasingly more difficult to find a new home for silver so...Read More
May 01, 2019 Guest(s): Bob Thompson Senior VP & Portfolio Manager, Raymond James According to the "mining clock," a concept used to measure commodity cycles, we are now in the first third of a bull cycle, said Bob Thompson, Senior Vice President & Portfolio Manager of Raymond James. "The mining clock is just a simple way to see what's happening in the market, reverse engineer that, and then...Read More
"The environment we are in now is unlike anything we have seen before in world history. The distortions that exist in this market are hard to get your head around. Again, we have never been here. We do not have any resemblance whatsoever of a free market or a free market economy."Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stear...Read More
Paying someone in order to lend them money seems kind of pointless. Yet the practice of stashing wealth in places where it yields nothing (and maybe even costs a bit for Continue...Read More
"We suggest that climate science requires at least the same level of scrutiny as the engineering employed in building a bridge or a new airplane," Continue...Read More
As we know, Gold and the US Dollar have an inverse relationship. Gold is priced in US Dollars and the drivers Continue...Read More
Danielle joined us to talk about the global luxury housing slump. Whether it's in the Hamptons, Vancouver or LA, it's happening now. How can this be with such a strong economy? We also talked about the fallacy of recycling, how it's devolved into a corporatist affair and isn't doing much to help the environment or the economy. Recently, Trudeau was called out for shipping Canada's garbage to the P...Read More
"This new evidence reveals that the government agencies are using the pretext of the border to make an end run around the First and Fourth AmendmentsContinue...Read More
Our proprietary price cycle tool is showing us that the Daily Gold cycles may dive a bit lower, possibly into the $1250 to $1265 level, over the next 3~7+ days before reaching an ultimate low. We’ve been covering the precious metals markets like hawks because of our proprietary price modeling tools that suggested the April 21~24 dates as an ultimate low/momentum base pattern. Thi...Read More
April 26th, 2019(S14-E693)Featured GuestsJohn Williams& Dr. Douglas Vogt.Please Listen HereLIMITED OFFER - FREE $5 IN ONEGOLD DIGITALBLOCKCHAIN EXCLUSIVELY TO GOLDSEEK.COM PATRONS! (Remember to say Goldseek Radio sent you!).John Williams of Shadowstats.com returns to the show with provisos on the domestic economy. Investors are advised to prepare for a recession as soon as the second quar...Read More
By: David Chapman The market keeps chugging higher. Well, maybe chugging is not quite the right word as this past week's markets were decidedly mixed. Decent earnings and a Q1 advance GDP growth of 3.2% year over year, coupled with low inflation, did the trick. The S&P 500 gained 1.2% on the week and closed at a record high although the index did not actually make a new all-time high, falling...Read More