Although Gold has continued to drift downward after reaching a peak near $2089.20 in early August 2020, our Custom Gold Inverse Trending Index suggests this weakness has actually built a very strong momentum base – preparing for a big move higher.The relationship of Gold to the US Dollar is a fairly widely known correlation. When the US Dollar is weaker, Gold tends to rally. When...Read More
LONDON, 18 May 2021 - Data and comment from BullionVault features today at popular German personal finance website Cash-Online."With the pandemic finally beginning to recede in Europe, inflation is now becoming a major concern for many investors," the report quotes BullionVault analysis."The record government deficits and unprecedented monetary stimulus could be a recipe for a sharp rise in the co...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
Musk's crypto conflicts, don't fall in love with a 9 year old, Elon Musk. Did Tesla sell its Bitcoin? Is this insider trading? What does it mean for cryptos? Hot money likes it and will leave as quick as it came. This is what happens in a bubble. Time to stop HODLING? Michael Burry reveals a huge short in Tesla. Sam Zell is also on the same side of trade. Gold likes Basel III, is it the death knel...Read More
The rebound in Gold has exceeded our target. It could have a bit more upside before testing weekly and monthly resistance. Watch Silver as a leading indicator to see if it can break $28.50 on a weekly and monthly basis. Gold & gold stocks are showing increasing relative strength against stocks and bonds. My base case is metals digest and consolidate these gains.Jordan Roy-Byrne, CMT is a Chartered...Read More
Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted Japan's collapse in 1989, the d...Read More
Mohamed El-Erian, economic advisor at Allianz and Gramercy and president at Queens College, Cambridge, joined "Squawk Box" on Monday to discuss his outlook on Fed policy.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond fun...Read More
Check out my thoughts on last week's CPI data ... as it solidifies the "Alternate Ending" I offered for Samuel Beckett's classic play "Waiting for Godot" last October, when I stated that come the 2Q of 2020 Godot (AKA inflation) would change the narrative ... by SHOWING UP !!!! And BAM, Godot is in 'da house !!! Please welcome to the stage "The Great Godot"Gregory Weldon is CEO of Weldon Financial...Read More
The man who has been ordering the world around for the past 18 months may not be such a swell guy after-all. In addition to being buddies if Jeffrey Epstein, Mr. Gates allegedly has been cheating on his wife for decadesContinue...Read More
The US has "been working around the clock through diplomatic channels to try to bring an end to the conflict.""We are ready to lend support if the parties... seek a ceasefire," Blinken added.Continue...Read More
The Sound Money Defense League is a public policy project aimed at bringing awareness to gold and silver as "sound money" and enacting legislative change across the country to reduce sales taxes on the precious metals. Jp Cortez, policy director of the League, tells David Lin, anchor for Kitco News, that there is a big discrepancy across the country when it comes to tax rates for gold and silver;...Read More
Independent financial analyst and geologist Matt Badiali discusses the new technology that Nevada Exploration is using to search for gold in Nevada. On one memorable episode of "How the Earth Was Made," Dr. Richard Goldfarb of the Colorado School of Mines dropped a challenge to gold explorers everywhere: Find Nevada's missing gold.Nevada is one of the most prolific gold producing regions in the w...Read More
Sector expert Michael Ballanger examines the parallels between the present and the inflationary years of the mid-1970s, and also comments on how gold markets are responding. 1970s gas lines. Source: Wikipedia CommonsFor many of those following the writings of this "dithering old fool," who continues to hold an unfailing conviction in the strategic importance of gold and silver ownership in an oth...Read More
The gold miners’ stockshave powered higher in recent months, solidifying a strong young upleg. But the extended-correction low leading intothis latest rally has left sector psychology fairly bearish. Traders are skeptical about gold stocks’upside potential, wary of another serious selloff. The gold miners’ just-reported Q1’21operating and financial results...Read More
Junior miners may soon suffer abreakdown of the short-term support line. So, what’s responsible for theirunderperformance of gold and stocks?Today’s technical part of the analysis isgoing to be brief, as I have discussed multiple things this week and mycomments remain up-to-date. There’s not much to add today, and we’ll go overonly one technical chart – the one where...Read More
People are alive today because someone had the opportunity and the means to stop this attack before Arnold could murder any more of his neighbors. Continue...Read More
If there was no election fraud, the Democrats would welcome an audit to prove their case.Continue...Read More
We need to call DarkSide what it is - a terrorist organization - and to acknowledge what we did: We paid Continue...Read More
Bitcoin is off 32% from the highs of a month ago while gold is simultaneously breaking out to the up sideContinue...Read More
The gold miners’ stockshave powered higher in recent months, solidifying a strong young upleg. But the extended-correction low leading intothis latest rally has left sector psychology fairly bearish. Traders are skeptical about gold stocks’upside potential, wary of another serious selloff. The gold miners’ just-reported Q1’21operating and financial results...Read More