The Fed doubled down on its dovish stance. What card will gold play now?Fed Remains PatientYesterday, the FOMC published the monetary policy statement from its latest meeting that took place on March 19-20th. In line with the expectations, the US central bank unanimously kept its interest rates unchanged. The federal funds rate remained at the target range of 2.25 to 2.50 percent:The Committee see...Read More
With the UUP ( US Dollar ETF) having a fairly large decline today lets update a few charts to see how they’ve been progressing. Back in August of last year the UUP began to build out a rising wedge formation with today’s price action completing the fourth reversal point when the UUP traded down to the bottom trendline. Sometimes when a stock fails to touch the top rail in a well define...Read More
Metal investors will be paying attention to how out of favor silver is relative to gold. And it is hard to wonder why with the well forecast boom of electric cars expected over the next 10 years. Who owns all the silver? JM Bullion has a series of charts here. Notice the stock pile held by JPM. They will do will if silver gets to $30 USD an once!Chart up to April 2017 As of the 20th of March...Read More
Our research team, at Technical Traders Ltd., believes Gold will continue to base below $1320 for at least another 3~5 weeks before setting up a momentum price base. Our research suggests general weakness in the US stock market over the next few weeks/months as a Head-n-Shoulders pattern unfolds. Interestingly enough, our research also suggests Gold may continue to base below $1320 (li...Read More
With the UUP ( US Dollar ETF) having a fairly large decline today lets update a few charts to see how they've been progressing. Back in August of last year the UUP began to build out a rising wedge formation with today's price action completing the fourth reversal point when the UUP traded down to the bottom trendline. Sometimes when a stock fails to touch the top rail in a well defined pattern...Read More
By: IRA EPSTEINGold over the 18-DMA on settlement, upper Bollinger band around $1,330 and falling. Momentum is not overbought..Read More
Charles Nenner & Chris Waltzek Ph.D. - March 20th, 2019.** * Mp3 file.HighlightsHailing 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 could remain strong relative to...Read More
Jewelry has been an integral aspect of human civilization for centuries, but it was the discovery and subsequent spread of precious metals and gemstones which really changed the game.In today's infographic from Men?", we visualize how the uses and symbolism of jewelry have evolved across time and space to become the industry we're familiar with today.Antique, Yet AgelessThere isn't a single co...Read More
By Daniel R. Amerman, CFAIn a previous analysis we examined how to create a 21% yield, as the incidental byproduct of the Fed's plans for the cyclical containment of recession.In this analysis, we will deepen that examination and visually illustrate the financial mathematics that would create a potential 48% yield from what the Federal Reserve plans to do in the event of another recession.This a...Read More
The Fed's tightening campaign, which was supposed to restore a semblance of monetary normalcy, after a decade of extraordinary stimulus, is officially over. The curtain came down far earlier than just about anyone in the mainstream had predicted. Given that the Fed's sounded the retreat before any real blood was shed, should put into question whether they will ever be able to stand tough again....Read More
Stocks whoopee-cushioned on word from the Fed that tightening is unlikely for the remainder of the year. "Interest rate increases could be on hold indefinitely," Powell said. "It may be some time before the outlook for jobs and inflation calls clearly for a change in policy." Although the stock market's obligatory headless-chicken dance ended with the broad averages largely unchanged, it's surpr...Read More
COLORADO SPRINGS, March 20, 2019 (GLOBE NEWSWIRE) Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced the successful power line connection of its El Aguila Project in Oaxaca, Mexico to the Federal Electricity Commission's (Comisi?n Federal de Electricidad or CFE) power grid. Prior to this connection, the Aguila Project operated 100% from electricity generated fro...Read More
"I haven't started my retirement nest egg yet, and I'm worried about not having enough. How do I get started? Please help!"I've already gotten hundreds of replies from Monday's survey.And as they keep rolling in, I can't help but notice many of you facing the same questions about retirement.By far, the number one question I've received is about investing for retirement.Over the years, I've had cou...Read More
The days of the 40-year career with the same company are gone. The gold watch is gone. And in most cases, the company pension is gone too, or it's been replaced by a self-managed IRA or 401(k) plan. The first thing you need to know about retirement today is it's entirely your responsibility. Here are seven ways retirement has changed in the last 25 years and what you can do about it. 1. Inheritanc...Read More
As time passes, the newer generations lack any understanding of gold standards or even the events of 1971. There are many people who judge the future of gold based upon their belief that it is money. However, like religion, human society is fragmented and certainly neither of one faith nor one political party. While there are YouTube videos showing people preferred a chocolate bar to a bar of s...Read More
Well that didn’t take long!Just two weeks ago I wrote to you saying I believed Oaktree Capital Group (OAK) presented a great buying opportunity as a “hedge” against future stock market volatility.My plan was that Oaktree - with its near 7 percent dividend yield - would be a stock that could be held for the long term. Instead, just one week later Oaktree announced that it was bein...Read More
Mar 22, 2019 Kitco's own Daniela Cambone is joined by mining all-stars as industry insiders gather to talk silver. The consensus is bullish and optimism for the silver market runs high at this year's reception, the 5th Annual Silver Event at the 2019 PDAC."$1,400 [silver] by the end of the year," said Dan Wilton, CEO of First Mining Gold. Wilton's thoughts on silver are mirrored by other CEOs of t...Read More
Erik Townsend and Patrick Ceresna welcome David Rosenberg to MacroVoices. Erik and Dave discuss the FOMC policy shift, market topping formation and ask if we are headed for an earnings recession. They further discuss treasury bonds and what is in store for the corporate bond markets. They leave things off by discussing modern monetary theory, helicopter money and Ben Bernanke's playbook from 2002.Read More
Journalist Miranda Knox conducts an investigation into whether or not our phones are really listening to us when we've been told they aren't...Continue...Read More
Mickey discusses his outlook for the gold market, copper and uranium along with the strategies he recommends for investors in the mining sector. He is positive on the price of gold for several reasons. Copper inventories are low while few mines are coming online. Uranium requires patience as it's a difficult market to see the complete picture, but he remains bullish.Time Stamp References:0:40 - Th...Read More