StrengthsThe best performing metal this week was platinum, up 1.85 percent on Citi recommendation and hedge funds boosting the net long position in the past week. Gold traders and analysts are bullish again this week, according to the weekly Bloomberg survey, as the Federal Reserve adopted a more dovish tone and indicated it won't raise interest rates this year. Several countries went shopping f...Read More
By: RambusThere is a ratio chart, $Gold:$XAU, we haven't looked at in quite awhile that has helped us in the past to locate some important turning points for the PM stocks. I'm not going to get into all the details tonight but this ratio chart shows you just how undervalued the $XAU or precious metals stocks in general are to gold itself. From the mid 1980's to the 2008 GFC crash the horizontal...Read More
COLORADO SPRINGS, CO, March 25, 2019 (GLOBE NEWSWIRE) - Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced it has begun the initial stages of gold processing by applying and circulating leach solution to ore loaded on the heap leach pad at the Isabella Pearl Project, within its Nevada Mining Unit, located in Mineral County, Nevada. The Company not only remains...Read More
It's tempting to think last week's high at 2866.00 (click on inset) will mark the final gasp of an exceptionally powerful bear rally. If so, it will have occurred in a place where we might have expected Mr. Market to spring a nasty trap on bulls and bears alike. The latter would have thrown in the towel and covered short positions when the S&Ps broke out over the last two weeks above three des...Read More
Financial headlines around the world seem to have taken a liking to the phrase "global economic slowdown 2019." Everywhere you look, data about declining trade, failingcurrencies, or falling stock markets abound. Bloomberg, Forbes, BusinessInsider, CNBC, RT Business, and The Washington Post are just a few of the mainstreamsources now acknowledging that something is seriously wrong with the globalf...Read More
THE GAME IS RIGGED!Consider this alert your fair warning.This week, you're going to see A LOT of publicity dedicated to hot technology companies like Lyft, Uber, Pinterest and Airbnb.That's because all of these companies (and a few more) are on deck to go public through an initial public offering (IPO). This is typically how new stocks are added to the market and how individual investors like you...Read More
I've told you in the past how the IRS can derail your travel plans if you don't pay your taxes. Today I want to shine some light on common travel myths that are likely costing you more money than you think.According to travel research app Hopper, domestic flight prices will rise to about $229 round trip in April, from $218 in February - and up to $251 by June. As airfare climbs the closer we get t...Read More
Mar. 22nd, 2019(S14-E688)Featured GuestsDr. Charles Nenner MD& Bill MurphyScheduled: Sun. 3/24Please Listen HereHailing from sunny Miami Florida, home of the exotic Miami beach, Charles Nenner rejoins the show. Our guest outlines proprietary market model entries / exits including gold that could eventually ascend to $2,500 Adding support for the bullish case for PMs / commodities, the Euro coul...Read More
Danielle discusses her book and why it's important that people understand the way central bank policies affect their lives. Her book reveals how the Fed has lost its way due to creating monetary policy based on market patterns and politics instead of economic metrics. The Fed is increasingly becoming backed into a corner ever since the money printing of 2008 with the introduction of "Zero Interest...Read More
People don't understand gold. They don't understand the U.S. dollar either.Mostly, it's the same people.Gold bugs thought we were debasing the dollar by printing our way out of the 2008/9 financial crisis.Continue...Read More
The Battle of Britain (1940) was one of the most famous and important conflicts in history. The Battle of Brexit is proving no less decisive even if the weapons areContinue...Read More
JPMorgan Chase's CEO, Jamie Dimon, gave a CNN interview last week in which he said that the U.S. economy is "fundamentally anti-poor." Continue...Read More
The Battle of Britain (1940) was one of the most famous and important conflicts in history. The Battle of Brexit is proving no less decisive even if the weapons are financial and political, not kinetic.The U.K. joined the European Communities in 1973 and that membership was ratified by a U.K. referendum in 1975. Membership divided the right and left in U.K. politics in the late 1970s and 1980s wit...Read More
The U.K. Brexit referendum on whether to remain with or leave the European Union (EU) took place on June 23, 2016. The result was a clear victory for the "leave" forces. But markets were shocked. All the "experts" had predicted voters would elect to stay.I was among the few to prepare investors for that shock. In the days before the vote, I urged my readers to short the British pound and buy gold....Read More
A BMO Capital Markets report presented both sets of figures. In a March 20 research note, BMO Capital Markets analyst Andrew Kaip reported that Wheaton Precious Metals Corp. (WPM:TSX; WPM:NYSE) beat earnings per share (EPS) estimates in Q4/18 and, looking forward, the Rosemont project offers upside to production guidance.Kaip highlighted that Wheaton's adjusted Q4/18 EPS was $0.08, which exceede...Read More
The exploration efforts of this Canadian company continue to yield positive results. DHZ-031 Core SampleGreat Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTC) announced in a news release drill results from the Hinge and the Limb zones at its Dixie project in Ontario's Red Lake district. The purpose of the Dixie Hinge holes was to continue testing that zone along strike and at depth. Because some of the...Read More
Rudi Fronk and Jim Anthony, co-founders of Seabridge Gold, discuss Fed policies and what they mean for gold. In our view, the gold story is getting much simpler and much more urgent.Here is how we see it. The Fed cannot exit QE. QE is a failed policy. More QE is coming. Buy gold to preserve capital.To combat the financial crisis of 2008/9, the world's central banks created an enormous amount of n...Read More
This program will be the start of exploring the large structural zone running northward from the other company's project. View of Newmont's Phoenix Mine from GSV's Virgin Fault mineral zoneGold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) began a drilling program at its Lewis project in Nevada, it announced in a news release. The company will drill four holes for 1,555 meters (1,555m) at this 5,...Read More
Jayant Bhandari, in conversation with Maurice Jackson of Proven and Probable, discusses a wide range of topics from India-Pakistan tensions to a number of resource companies that he has on his radar screen, including two arbitrage opportunities. Maurice Jackson: Joining us for conversation is Jayant Bhandari, the founder of the highly acclaimed Capitalism & Morality seminar and a prominent sought...Read More
Boeing and the Federal Aviation Administration worked closelytogether to hustle a new passenger jet through the safety certificationprocess. The combined efforts to save time and cost, coupled with little senseof accountability, resulted in a tragic safety flaw. Now hundreds of passengers are dead, albeit in other countries.The public is finding the enormous trust placed in the manufacturer and th...Read More