MikeGleason: It is my privilege now to welcomein Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is perhaps most well-known trendsforecaster in the world and it's always a joy to speak with him.Mr. Celente, thanks for the time again today andwelcome back.GeraldCelente: Oh, thanks for having me on, Mike.MikeGleason: Well, Gerald, the Trends Journal is forecasting Economic9/11...Read More
StrengthsThe best performing metal this week was palladium, up 2.81 percent with continued price strength. Gold traders were split between bullish, bearish and neutral on the yellow metal this week as prices struggled to recover and posted a monthly loss for February. Lawmakers in Romania are drafting legislation aiming to repatriate the country's gold stored in the United Kingdom. The bill is t...Read More
"A generation from now, Americans may marvel at the complacency that assumed the dollar's dominance would never end." Floyd Norris, chief financial correspondent, New York Times, 2/2/2007 "Capitalism without bankruptcy is like Christianity without hell." Frank Borman, NASA Astronaut Gemini 7, CDR Apollo, CEO Eastern Airlines, April 1986 "The generally accepted view is that markets are always r...Read More
By: Keith WeinerWe have written numerous articles about capital consumption. Our monetary system has a falling interest rate, which causes both capital churn and conversion of one party's wealth into another's income. It also has too-low interest, which encourages borrowing to consume (which, as everyone knows, adds to Gross Domestic Product GDP).What Is CapitalAt the same time, of course entre...Read More
By: IRA EPSTEINGold market -- weekly chart, sideways action galore. Upside momentum lost, higher highs and higher lows is lost:Read More
One of the biggest Social Security mistakes I see people make is claim their benefits too early. According to the Centers for Retirement Research at Boston College, 60% of seniors are applying for social security benefits before full retirement age. If you turned 62 last year, your full retirement age will be 66 years and six months. Full retirement age will continue to increase in two-month inc...Read More
We were told this sort of spying would only be used to stop terrorists. And yet...Continue...Read More
If you receive your news via Donald Trump tweet, or courtesy of proclamations by Larry Kudlow, you'd be forgiven for eagerly anticipating a groundbreaking U.S.-China trade deal Continue...Read More
The recent rally showed quite a bit of promise. Gold stocks surged past their long-term moving averages while breadthContinue...Read More
"As a privately-held company, it has been Purdue Pharma's longstanding policy not to comment on our financial or legal strategy," Purdue stated. "We are, however, committed to ensuring Continue...Read More
PCR basically says that government has been taken over by corporations and lobbyists. We have to deal with government with that realization. He discusses the fed, single payer healthcare, money in elections, externalities, and more.Paul Craig Roberts is an American economist and a columnist for Creators Syndicate. He served as an Assistant Secretary of the Treasury in the Reagan Administration and...Read More
Platinum surged to 6-month highs last week on concerns over a supply deficit, meanwhile gold prices fell more than 1% to the lowest level since January, heading for the biggest weekly decline in more than 1-year as the dollar strengthend and global stocks advanced. Oil prices came under pressure last week, down 2% on Friday after weak U.S. manufacturing data overshadowed OPEC-l...Read More
Global silver reserves and silver production are increasing.Peru, Mexico and China are still the largest silver producers.Peru, Poland and Australia have the largest silver reserves.Increased silver by-product from base metal mining is filling in for the decrease in primary silver production.Each year, the U.S. Geological Survey publishes a report on world mine production and reserves. The USGS ha...Read More
Despite gold's decline the past two weeks, the metal remains firmly above its 20-month moving average.The metal continues to trade in a large base for the past several years, and the key for the bulls is taking out $1,365/oz once and for all.Bullish sentiment has retreated on this pullback, and is now back to more subdued levels near 50% bulls.Just two weeks ago we had nearly every gold bug di...Read More
A free tool can help traders bank big during the upcoming earnings season. Too many investors let their portfolios slip during the busy holiday season, but this is a huge mistake... especially with the market moving events just around the corner!With the crazy market action investors have been seeing lately, right now is the time to prepare to bank big wins.It's important for investors to positio...Read More
Marijuana companies have mesmerized retail investors, depriving the mining sector of the risk capital that's typically been its "lifeblood." But two mega-deals and a dramatic hostile battle in the gold space may finally give moribund mining stocks a shot in the arm.That's the basic position of TD Securities mining investment bankers, who say current market conditions and historical precedents make...Read More
Apparently, the answer to the question in the headline has been widely explored by scientists.What was recently discovered, though, was that a boost of vitamin C can turn small gold nanorods into fine gold nanowires."There's no novelty per se in using vitamin C to make gold nanostructures because there are many previous examples," said chemist Eugene Zubarev from Rice University in Texas. "But the...Read More
For the second year in a row, mineral and coal exploration expenditure in British Columbia increased in 2018.This is according to the British Columbia Mineral and Coal Exploration Survey carried out by the provincial Ministry of Energy, Mines and Petroleum Resources, the Association for Mineral Exploration and Ernst & Young.After collecting insights from nearly 300 exploration projects across BC,...Read More
Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More
As long time readers know, over the past year or so, we have often pointed out that the macroeconomic drivers of the gold price were not exactly bullishly aligned yet, but seemed to be on the cusp of getting there.Apart from signals we get from market indicators, one would also do well to ponder a number of recent events and their likely impact on gold prices down the road.Despite the fact that go...Read More