Chris Vermeulen is first and foremost a technical trader. Fundamentals hold little interest to him, probably because he can't make money off of them. He sees a big potential rally coming in gold, after one last round of weakness. He thinks it could be a considerable decline, which he welcomes, as it would provide confirmation to his theory. His other big play is NatGas - a/k/a the Widowmaker - as...Read More
What we will first see before ever reaching that point in the United States is the significant impact of STAGFLATION. Rising taxes increase the cost of doing Continue...Read More
Despite a sharp post-Christmas-Eve rally in stocks, investors have been fleeing to cash and dumping risk in large numbersContinue...Read More
U.S. companies posted the most open jobs in December in the nearly 20 years, evidence that Trump's economic policies are having a profound effect on the job market Continue...Read More
The Italian government might sell the country's gold holdings in an attempt to avoid an increase Continue...Read More
China continues to be a major player in the global gold rush, increasing its gold reserves for two months in a row Continue...Read More
This company's multiphase drill program continues to meet objectives. Avrupa Minerals Ltd. (AVU:TSX.V; AVPMF:OTC: 8AM:FSE) announced in a news release it has finished drilling the seventh phase, or six holes totaling 2,498 meters, at Sesmarias, on the Alvalade license, in Portugal. According to the company, "the program continues to be highly successful, accomplishing goals of better technical u...Read More
Precious metals expert Michael Ballanger discusses COT reports, the Fed, the dollar and gold.Over the years, you have all read my rants and ravings (as well as those of many other learned scribes) on the issue of government-sponsored and regulatory-sanctioned bullion bank interference in the gold and silver markets. What back in the 1970s was deemed "rank speculation" and "conspiracy theory nonsen...Read More
Gold stocks have to do more to confirm they are in a new bull market.Sure, they’ve surged above key moving average resistance and breadth has improved. However, the gold stocks have not yet broken the pattern of lower highs and breadth, while improved, is not at bull market levels yet. Let’s review where things currently stand. In recent weeks GDX and GDXJ surged above the critical 400...Read More
Both the WGC and LBMA published outlooks for the global economy and gold market in 2019. Who is right? WGC’s Outlook for Gold in 2019Let’s start from the World Gold Council (WGC) which published its 2019 outlook on January 10th. As befits the organization representing industry’s interests, the WGC is bullish on gold prices. No surprises here. According to the institution, the fol...Read More
On January 28, 2019, our research team issued a research post indicating we believed that Precious Metals would rotate lower over the next 45+ days in preparation for a momentum base/breakout that would initiate sometime near the end of April or early May. Recent price weakness in Gold has begun to confirm our analysis and we believe this price weakness will continue for the next 2~4 weeks while t...Read More
COT SPECIAL PUBLICATION SCHEDULE Reminder -- Due to the U.S. Government Shutdown (February 1 Announcement) The last COT report was published on December 21, 2018. Reports going forward from that date will be published in chronological order beginning with the report previously scheduled for release on Friday, December 28, 2018 (based on data from Monday, December 24, 2018). The CFTC publ...Read More
Gold mining is one of the very oldest human occupations. The earliest known underground gold mine, in what is now the country of Georgia, dates back at least 5,000 years, when people were just starting to develop written language.Over the centuries, a number of innovations have emerged that disrupted and forever changed how we explore and mine for gold and other metals. Think dynamite, or the st...Read More
By: Dave KranzlerI get a kick out of these billionaires and centimillionaires, like Kyle Bass yesterday, who appear on financial television to look the viewer in the eye and tell them that economy is booming. Kyle Bass doesn't expect a mild recession until mid-2020. Hmmm - explain that rationale to the 78%+ households who are living paycheck to paycheck, bloated with a record level of debt an...Read More
By: Ira EpsteinGold down into important support zone -- Hope for the gold bears ..."April Gold Chart, lower highs and lower lows, down towards the support: $1306.50 area"Read More
By: Clint SiegnerThe battle to end taxation of constitutional money has reached the federal level as U.S. Representative Alex Mooney (R-WV) today re-introduced sound money legislation to remove all federal income taxation from gold and silver coins and bullion.The Monetary Metals Tax Neutrality Act (H.R. 1089) backed by the Sound Money Defense League and free-market activists - would clarify t...Read More
Dear Friend of GATA and Gold:While the law firm superintending the Canadian class-action lawsuit against gold and silver market rigging doesn't seem interested in communicating to the public about the case, GATA is reliably informed that the settlement agreement with Deutsche Bank reported today --http://www.gata.org/node/18857-- is not the end of the case.The lawsuit continues against eight oth...Read More
USA is coercing every nation not to use Huawei5G or any of Huawei telecom gear. USA is now using the threat of trade sanctions on nations using or intend to use Huawei telecom gear. This will be short term bullish for US dollar but in the long term it will sink the US dollar. I will prefer to accumulate more and more physical gold on dips. Better to increase portfolio allocation to hard assets n...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
It is critical to keep in mind that monetary policy changes impact the real economy at a lag of several quarters. So the tightening cycle that ran from Continue...Read More